Answer:
Contribution margin= $169
Explanation:
<u>First, we need to calculate the total unitary variable cost:</u>
total unitary variable cost= direct material + direct labor + variable overhead + variable selling expense
total unitary variable cost= 38 + 1 + 8 + 4
total unitary variable cost= $51
<u>Now, the contribution margin:</u>
Contribution margin= 220 - 51
Contribution margin= $169
Answer:
$16,440.
Explanation:
Please find attached the data used in answering this question
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
the ending inventory would consist of earlier purchased goods
total sales is 20800
total purchases = 26,000
ending inventory = 26,000 - 20800 = 5200
this price of the ending inventory = 3200 x 3.2) + (2000 x 3.1) = $16,440.
Answer: <em>True</em>
Explanation:
A project team is referred to as a team whose members usually belong to different groups,i.e.one with technical background and others with non-technical background also play different roles and have functions. A project team can be further divided into parts or sub-teams. Usually, these teams are used for a defined period.
Answer:
13.3%
Explanation:
The time in which the employee are free or not working due to halt in operation or a process. The employee are ready for work in this time and waiting for operation to start.
According to the given data
Total observations = 45 observations
Number of observation that found loader idle = 6 observations
Percentage of idle time is the ratio of number of times labor found idle to total numbers of observations.
Estimated percentage of idle time = (6 / 45) x 100
Estimated percentage of idle time = 13.3%
