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frosja888 [35]
3 years ago
7

Xminus−Industries manufactures 3minus−D printers. For each​ unit, $ 3 comma 200$3,200 of direct material is used and there is $

2 comma 300$2,300 of direct manufacturing labor at $ 15$15 per hour. Manufacturing overhead is applied at $ 18$18 per direct manufacturing labor hour. Calculate the profit earned on 4242 units if each unit sells for $ 10 comma 800$10,800.
Business
1 answer:
madreJ [45]3 years ago
3 0

Answer:

Profit= $106,682.52

Explanation:

Giving the following information:

Unitary Variable costs:

Direct material= 3,200

Direct labor= $2,300 ($15 per hour)= 153.33 hours

Manufacturing overhead is applied at $18 per direct labor hour.

Units sold= 42

Selling price= $10,800

Profit= Total sales - total variable cost

Profit= 42*10,800 - (3,200 + 2300 + 18*153.33)*42= $106,682.52

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Creswell Farms produces and sells clover honey and wants to expand its product line. A brainstorming session results in 40 diffe
Gwar [14]

Answer:

In this scenario, Creswell Farms is in the idea generation stage of the new product development process.  

Explanation:

Idea generation stage refers to the stage which involves the creation, development, and communication of the ideas. The process involves the construction of the idea and transforming the concepts into reality. The initiation of a project begins with the generation of the idea generation stage. In the above case, the suggestions are provided which would help the business of the product. Hence, this refers to the idea generation stage.

7 0
2 years ago
Differentiate between the short run and Long run?​
kramer

Answer:

Short-run is a time limit during which at least one input can be fixed and other input quantities can be verified.

The long run is a time period in which all the inputs can be verified in quantities.

Explanation:

  • Both the fixed and variable costs occur in the short term.
  • There are no fixed costs in the long term.
  • The combination of the output of a company results in the desired amount of the goods at the lowest possible cost is sustained by efficient long-term costs.
  • The output changes variable costs. For instance, the employee's salaries and raw material costs are variable costs.

  • Based on variable costs and the production rate, the short-run costs are increasing or falling. If a company manages its short-term costs well over time, the desired long-term costs and goals will more likely be achieved.
3 0
2 years ago
On January 1, 1980 Moses deposit $1850 into a savings account paying 5.6% interest compounded quarterly if he hasn’t made any ad
artcher [175]

Answer: 12.86 years.

Explanation: Rule of 72 says that to know in how many years the amount can double can be done by using the interest rate. The rule of 72 says that 72 divided by the annual interest rate will give the number of years it will take to double the amount.

Rule of 72:

Rate of interest = 5.60%/4

Number of years to double the investment = 72 ÷ 1.4

Number of years to double the investment = 51.43/4 = 12.86 years

Therefore, it will take 12.86 years for the $1850 to get double to $3700.

4 0
3 years ago
Read 2 more answers
Countess Corp. is expected to pay an annual dividend of $5.05 on its common stock in one year. The current stock price is $77.75
Alex_Xolod [135]

Answer:

Cost of equity = 10.10%

Explanation:

<em>Cost of equity can be ascertained using the dividend valuation model. The model states that the price of a stock is the present value of future dividends discounted at the required rate of return.  </em>

Ke=( Do( 1+g)/P ) + g  

g- growth rate in dividend, P- price of the stock, Ke- required return, D- dividend payable in now

DATA

D0- (1+g) = 5.05

g- 3.60%

P- 77.75

Note that the D0× (1+g) simply implies the dividend expected in year one, that is one year from now. And this has been given as 5.05 in the question, hence there is no need to apply the growth rate again.

Cost of equity = (5.05/77.75   + 0.036)×  100= 10.095%

Cost of equity = 10.10%

5 0
3 years ago
Lakeland Consulting purchased computer equipment for $10,000. Lakeland made a $2,000 down payment with the balance due within 90
natta225 [31]

Answer:

Increase in assets of $8,000 and an increase in liabilities $8,000

Explanation:

The effect of the transaction is shown below with the help of the accounting equation

Liabilities + Owner equity = Assets

$8,000       + 0                        = $8,000

($10,000 - $2,000)

Therefore from the above calculation,  we can see that there is an increase in assets also there will be an increase in liabilities but no effect on stockholder equity

3 0
3 years ago
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