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TEA [102]
2 years ago
13

A rectangular storage container with an open top has a volume of 14 m3. The length of its base is twice its width. Material for

the base costs $5 per square meter; material for the sides costs $4 per square meter. Express the cost of materials as a function of the width of the base.

Business
1 answer:
Romashka [77]2 years ago
6 0

Answer:

Total cost=10x^{2} dollars+\frac{168dollars}{x}

Explanation:

First at all, let's see the figure in the attachment where we define:

Width is "x", Lenght must be "2x" and Height is "h".

The volume of a rectangular storage container is defined as:  

V=lengh*width*height

So, replacing values, we have:

V=2x^{2} h

Considering that V=14m3 we can clear "h" in function of "x" (the width):

V=2x^{2} h=14; h=\frac{7}{x^{2}}

Now, we calculate the areas of the container:

Ax_{1} =x*h\\Ax_{2}=2x*h\\Ax_{3}=2x*x

Where: Ax1 is the side 1 area; Ax2 is the side 2 area and Ax3 is the base area

Replacing "h" on the previous equations, we have:

Ax_{1}=x*h=x*\frac{7}{x^{2} }=\frac{7}{x}\\Ax_{2}=2x*h=2x*\frac{7}{x^{2} }=\frac{14}{x}\\Ax_{3}=x*2x=2x^{2}

<em>Remember that the container is open at the top, so we have to calculate just one area in the base. The sides 1 and 2 are 2 of each one</em>.

So, we have: Total area = 2*Ax1 + 2*Ax2 + Ax3

Now for the total cost of materials, we have: Total cost=Cost (2*Ax1) + Cost (2*Ax2) + Cost (Ax3)

For the sides 1 and 2, we have a cost of:

Cost Ax_{1}=\frac{7}{x}m^{2} *\frac{4 dollars}{m^{2} }=\frac{28dollars}{x}\\Cost Ax_{2}=\frac{14}{x}m^{2} *\frac{4 dollars}{m^{2} }=\frac{56dollars}{x}\\Cost Ax_{3}=(2x^{2})m^{2}*\frac{5 dollars}{m^{2}}=10x^{2}dollars\\

Finally, total cost is:

Total cost=2*\frac{28 dollars}{x} + 2*\frac{56 dollars}{x} + 10x^{2} dollars\\Total cost=10x^{2} dollars+\frac{168dollars}{x}

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= 40,000 - 1,400 - 1,240 - 80

= $37,280

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3 years ago
On April 1, Sangvikar Company had the following balances in its inventory accounts:
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Answer:

a.

DR Raw Material Inventory                             $30,000

CR Accounts Payable                                                     $30,000

b.

DR Work in Process Inventory                          $33,900

CR Raw Material Inventory                                                $33,900

Working

= Job 114 + Job 115 + Job 116

= 16,500 + 12,400 + 5,000 = $33,900

c.

DR Work in Process                                            $‭7,430‬

CR Wages Payable                                                             $‭7,430‬

Working

= (150 * 15) + (220 * 17) + (80 * 18)

= $‭7,430‬

d.

DR Work in Process                                              $‭4,458‬

CR Manufacturing Overhead                                              $‭4,458‬

Working

Overhead as % of Direct labor cost using Job 115 = Applied Overhead / Direct labor = 936/1,560 = 60%

Manufacturing Overhead = Overhead rate * Direct labor

= 60% * 7,430 = $‭4,458‬

e.

DR Manufacturing Overhead                                     $4,765

CR Accounts Payable                                                              $4,765

f.

DR Finished Goods                                                    $‭23,520‬

CR Work in Process                                                                   $‭23,520‬

Job 115 costs = Beginning + Material + Labor + Overhead

= (2,640 + 1,560 + 936) + 12,400 + (220 * 17) + (220 * 17 * 60%)

= $‭23,520‬

g.

DR Cost of Goods sold                                               $‭23,520‬

CR Finished Goods                                                                     $‭23,520‬

DR Accounts Receivable                                            $‭32,928‬

CR Cost of Goods sold                                                              $‭32,928‬

Working

= ‭23,520‬ * 140%

= $‭32,928‬

4 0
2 years ago
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