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Lunna [17]
3 years ago
5

Waterstone Industries is setting standard costs for one of its products. The main material is fiber board sold by the square foo

t. The current cost of fiber board is $4.00 per square foot from Waterstone’s preferred supplier. Delivery costs are $0.25 per board foot. Waterstone’s wages per hour are $25.00. Payroll costs are $3.60 per hour and benefits are $5.00 per hour. How much is the direct materials cost standard per square foot?
Business
1 answer:
Fiesta28 [93]3 years ago
5 0

Answer:

Direct materials cost per square foot= $4.25

Explanation:

Direct material costs represent the costs of all materials which are used essentially and wholly  for the purpose of production of goods. These materials usually are those which form part of the product.

For example, flour and sugar are direct materials used for the purpose of producing of bread.

Direct material costs are charged directly to the product.

Direct labour cost : Direct workers are those who are actively engaged exclusively for the production of goods. They include machine operators in the factory, bakers in a bakery, e.t.c. Direct labour costs are charged directly to the product cost

Direct material cost per standard square foot

=$4.00 + $0.25

= $4.25

Direct materials cost per square foot= $4.25

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Answer:

Results are below.

Explanation:

Giving the following information:

Fixed costs= $192,000

Unitary variable cost= $320 per week

Selling price per unit= $480 per week

<u>To calculate the total cost, we need to use the following formula:</u>

Total cost= fixed costs + unitary variable cost*number of units

Total cost= 192,000 + 320*number of weeks

<u>Now, the total revenue:</u>

Total revenue= selling price per week*Number of weeks

Total revenue= 480*x

<u>Finally, the break-even point in units:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 192,000 / (480 - 320)

Break-even point in units= 1,200 campers

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3 years ago
If the managers of HHH Enterprises were to commit to an investment project under consideration, they would obtain 40% of the mon
Mamont248 [21]

Answer:

D. 9.44%

Explanation:

The computation of the weighted average cost of capital is shown below:

Weighted average cost of capital is

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= 2.24% + 7.2%

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Hence, the weighted average cost of capital is 9.44%

Therefore the right option is D.

6 0
3 years ago
When an economy is temporarily operating at an output that is beyond its full-employment rate it means that
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It means that excess demand in resource markets will lead to higher resource prices, which will increase costs and direct the economy toward full employment.

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The average is about 3 percent I got to say thats good
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8 0
3 years ago
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