Answer:
Total cost per unit is $77
Explanation:
Fixed manufacturing overhead per unit = Total fixed manufacturing overhead ÷ Number of units
= $478,800 ÷ 34,200 = $14 per unit
Fixed selling and administrative expenses per unit = Total Fixed selling and administrative expenses ÷ Number of units
= $171,000 ÷ 34,200 = $5 per unit.
Total cost per unit = Direct material + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead + Variable selling expenses + Fixed selling expenses
Total cost per unit = $15 + $5 + $11 + $14 + $5 + $5 = $55 per unit.
Markup = 40% of total cost = $55 × 40% = $22
Therefore, total selling price per unit = Cost per unit + Markup
= $55 + $22 = $77 per unit.
Answer:
The answer is "A"
Explanation:
Cumulative interests are counted by one plus the annual interest rate adjusted to the cumulative periods of less than one. The first principal sum is determined by one. The cumulative sum of the initial loan is then deducted from the calculation.
Formula:
That's why we apply the above formula to calculate the annual interest rate.
Answer:
Economic expansion
The economy is expanding which means that people have access to higher wages. This will enable them to save more.
- More demand for funds among borrowers
As the economy is expanding, people will borrow to consume more as well as to invest which will lead to a higher demand for borrowed funds.
- Increase in price of products
With more people able to afford goods and services, prices will increase as there is now more demand for those goods.
Economic recession
With the economy shrinking, companies will be making less profit and will have to layoff workers to reduce their costs.
- Increase in government borrowing
In a recession, the Government will have to spend more to prop up the economy like the US Government did during this pandemic by providing stimulus packages. This spending is supported by borrowing.
Marketing links producers to customers.
That is the answerzb
