Answer:
$0.16
Explanation:
Particulars Quantity Price Amount
Cocoa 400 $1.25 $500
Sugar 80 $0.40 $32
Milk 120 $2.50 <u>$300</u>
Total <u>$832</u>
Standard direct materials cost per bar = Total amount / Number of bar
Standard direct materials cost per bar = $832 / 5,200 bars
Standard direct materials cost per bar = $0.16
Answer:
The variable maintenance cost per unit would be $8.33 and the total fixed maintenance cost would be $267
Explanation:
The computation of the fixed cost and the variable cost per hour by using high low method is shown below:
Variable maintenance cost per unit = (High maintenance cost - low maintenance cost) ÷ (High level of activity - low level of activity)
= ($1,100 - $600) ÷ (100 direct hours - 40 direct hours)
= $500 ÷ 60 direct hours
= $8.33
Now the fixed cost equal to
= High maintenance cost - (High level of activity × Variable maintenance cost per unit )
= $1,100 - (100 direct hours × $8.33)
= $1,100 - $833.33
= $267
Answer:
d. The agent has not violated any duties, because she is not performing real estate services for the buyers
Explanation:
Here, at the open house, the agent, without proper introduction and without explaining that she represents the seller, started giving advice to a prospective buyer regarding the amount to offer for the house. By offering advice to the buyer and not disclosing who she represents, the agent is now acting as an undisclosed dual agent, also she has breached the loyalty duties to both parties. The agent is also not acting in accordance with her agency status.
Therefore the incorrect option is option D.) The agent has not violated any duties, because she is not performing real estate services for the buyers
Answer:
$2.18 per machine hour
Explanation:
The calculation of Indirect material cost is shown below:-
Flexible budget indirect material = variable cost + indirect materials cost
= $30,444 + $8,142
= $38,586
Cost per machine hour for indirect material = Flexible budget indirect material ÷ Company machine hours
= $38,586 ÷ $17,700
= $2.18 per machine hour
Answer:
Equivalent units for direct material = 52,700
Explanation:
Given:
Completed units = 50,000
Ending inventory = 3,600 units
Ending work in process inventory = 75% complete as to direct materials
Ending work in process inventory = 25% as to conversion costs
Equivalent units for direct material = ?
Computation of equivalent units for direct material:
Equivalent units for direct material = Completed units + [Ending inventory × 75% complete as to direct material]
Equivalent units for direct material = 50,000 + [3,600 × 75%]
Equivalent units for direct material = 50,000 + [2,700]
Equivalent units for direct material = 52,700