Answer:
$3.20 per unit
Explanation:
In this question, we have to compare the cost between two cases
In the first case, the total cost per unit would be
= Direct materials per unit + direct labor per unit + overhead cost per unit
= $11 + $25 + $17
= $53
In the first case, the total cost per unit would be
= Purchase price + overhead cost
= $48.55 + $17 × 45%
= $48.55 + $7.65
= $56.20
So, the difference would be
= $56.20 - $53
= $3.20 per unit
Answer:
c. make an accurate diagnosis of what is causing the problem
Explanation:
The manager of the fast-food restaurant should understand the underlying problem first. Working on the assumption that it's because of a competitor marketing campaign may not give the desired results. A customer's preference may change due to many reasons.
The manager should make an accurate diagnosis of the problem first. With a precise reason as to why customers as fleeing, then he can develop a counter-strategy. Retaining the current member of the crew will not reverse the situation. Reducing prices may affect profitability, which is not the desired result. With low prices, some customers may question the quality of the breakfast.
Answer:
The amount that the lighting plant be charged from the payroll department for its services is $25,000
Explanation:
Provided data from the question:
Payroll budget = $100,000
number of checks issued per week = 4000
number of employees = 1000
Since, the service department charge rate is calculated as the total service department expense divided by total service department usage, the amount that should be charged from the payroll department for its services;
= $100,000 ÷ 4,000
= $25 × 1,000
= $25,000.
Answer:
Market value
Explanation:
The market value of a product is the price at which a buyer is willing to purchase a good irrespective of prevalent price of a commodity. It is that amount a buyer and seller are willing to strike a deal for given normal market conditions.
In this scenario John originally bought his five years ago for $300,000. Its current value is $350,000. His real estate agent notified him that a buyer just made an offer on his home for $365,000.
Despite the house now being $350,000, $365,000 is the market price at which the buyer and seller are willing to settle.
Answer:
The share of bill net income is $24,857
Explanation:
The computation of the share of bill net income is shown below:
Given that
Profit sharing ratio of Bill and BOb is 6 : 1
And, the net income of the firm is $29,000
So, the share of bill net income is
= Net income × bill share
= $29,000 × 6 ÷ 7
= $24,857
Hence, the share of bill net income is $24,857
We simply applied the above formula so that the correct value could come
And, the same is to be considered
