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madreJ [45]
3 years ago
11

An apparel manufacturing plant has estimated the variable cost to be $3.30 per unit. Fixed costs are $1,800,000 per year. Forty

percent of its business is with one preferred customer and the customer is charged at cost. The remaining 60% of the business is with several different customers who are charged $35 per unit. If 150,000 total units are sold in a year, compute the unit cost per item.
Business
1 answer:
erica [24]3 years ago
4 0

Answer:

$15.30

Explanation:

Given that,

Fixed costs = $1,800,000 per year

Variable cost = $3.30 per unit

40% of its business is with one preferred customer.

Total units sold in a year = 150,000

Unit cost per item:

= (Fixed cost ÷ Total units sold) + Variable cost per unit

= ($1,800,000 ÷ 150,000) + $3.30

= $12 + $3.30

= $15.30

Therefore, the unit cost per item is $15.30.

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Explain the utility of statistics as a manegerial tool​
Veseljchak [2.6K]

Answer:

"Statistics is a board of method for maintaining knowledge. It is a simple and economical method to find the means and valuable data even for large numbers. In a managers life it is a very helpful tool to do analysis and making business growth values and make right forecast".

Explanation:

5 0
2 years ago
Direct materials for the month amounted to $111,500. Direct labor for the month was $206,500. During the month, 12,500 units wer
Alenkinab [10]

Answer:

1. Total Production Cost = $413400

2. Cost per unit of production for the previous month = $25.44

   Cost per unit of production for the next month = $25.44

Explanation:

GIVEN:

Direct Material for 12,500 unit = $111,500

Direct Labor for 12,500 unit = $206,500

Calculate:

Direct Material for 16,250 unit = $111,500*16,250/12,500 = $144,950

Direct Labor for 16,250 unit = $206,500*16,250/12,500 = $268,450

  • Total Production Cost =  Direct labor + Direct materials + Factory Overheads

Total Production Cost =  $144,950 + $268,450

Total Production Cost =  $413,400

Cost per unit of production = Total Production Cost / Total unit

For Previous month  = ($111,500 + $206,500) / 12,500

                                  = $318000/ 12,500

                                  = $25.44

For Next month = ($413400) / 16,250    

                           = $25.44

6 0
3 years ago
If the price of tutoring increases from $5 to $15, producer surplus increases, in numerals, by $_____.
olga_2 [115]

With the price increase in tutoring from $5 to $15, producer surplus increases by <u>$10</u>.

<h3>What is producer surplus?</h3>

Producer surplus is the additional benefit that the tutors receive.  It can be computed by determining the difference between old tutoring price, $5, and the new market price of $15. The implication is that while tutors are willing to accept $5, the new marketing price has made it possible for them to increase their surplus by $10 ($15 - $5).

Thus, the producer surplus increases by $10 to show the increased benefit that suppliers receive for selling their services in the marketplace.

Learn more about producer surplus at brainly.com/question/7622454

7 0
2 years ago
In buying an existing business the prospective buyer should ask questions about the operation of the business which of the follo
IRINA_888 [86]

In buying an existing business, the questions that would be appropiate for the prospective buyer to ask are the following:

  • E. All of the above are appropriate questions to ask.

I was able to find the <u>complete exercise </u>online and the exercise had five options to choose from. These are the options:

  • A. Is the business operating at a profit?
  • B. Why are you selling?
  • C. Are there any problems with the business?
  • D. Will the customers stay with the business?
  • E. All of the above are appropriate questions to ask.

The correct option was "E" because all the questions are not only appropiate but necessary to ask.

When buying an existing business, you need to know everything about the business and the reason why the owner is selling because it may make you change your opinion or help you make future decisions.

Check more information in the following link brainly.com/question/1268505?referrer=searchResults

5 0
2 years ago
A directory is defined as an organized list of
DanielleElmas [232]
Names, adresses, phone numbers, and places
4 0
3 years ago
Read 2 more answers
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