Answer:
1. $70
2. $106.42
Explanation:
(1) Variable manufacturing cost per unit:
= Direct labor + Direct material + Variable overhead
= $10 + $34 + $26
= $70
(2) Full cost per unit:
= Direct labor + Direct material + Variable overhead + Variable selling cost + (Fixed ÷ 1,200)
= $10 + $34 + $26 + $5 + [(19,500 + 18,200) ÷ 1,200)]
= $75 + $31.42
= $106.42
True: if society wishes to reduce overall pollution by a certain amount, it is efficient to have firms with lower costs reduce greater amounts of pollution than those with higher costs
Answer:
The journal entry to record the factory wages of $25,000 incurred in the processing department is given below.
Debit Processing Department (WIP Asset) $ 25,000
Credit Factory Wage (Liability) $ 25,000
The journal entry to record the factory wages of $15,000 incurred in the production department.
Debit Production Department (WIP Asset) $ 15,000
Credit Factory Wage (Liability) $ 15,000
Please note that these work in process are asset accounts and the cost of inventory is expenses as goods are sold.
Explanation:
Vodacom, it's one of the most popular everywhere
Answer:
$311,100
Explanation:
Solution
Recall that:
Assume Chester corp downsized the size of their workforce by = %
The exit interviews cost estimated = 100
Additional normal costs of separation = $5000
Now,
The Total Employee = 305
The Down Sizing = 20%
Thus,
The Total Employee = 305 x 20% = 61 employees
so,
The Separation cost per employees = $5000
The Exit interview cost = $100
Total cost = $5,100
Now,
The total overall cost of separation = 61 employees x total cost of separation per employees
Which is,
= 61 x 5100 = = $311,100
