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3 years ago

6

A company manufactures cell phone cases. The company's daily average level of output is 10,000 cases, and its total daily cost o

f workers (on average) is $50,000. What is the company's unit labor cost?

1 answer:

garri49 [273]3 years ago

6 0

Answer:

$5

Explanation:

Unit labour cost = $50,000 / 10,000 = $5

I hope my answer helps you

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Which section of a professional business letter contains the purpose of the correspondence?

kumpel [21]

The body of the business letter contains the purpose.

7 0

3 years ago

Clonex Labs, Inc., uses the weighted-average method in its process costing system. The following data are available for one depa

Step2247 [10]

Answer:

The equivalent units of production for October are :

Raw Materials = 423,750

Conversion Costs = 418,500

Explanation:

<u>Calculation of Equivalent Units of Production</u>

1. Raw Materials

Ending Work In Process Inventory (25,000 × 71%) 17,750

Completed and Transferred (406,000 × 100%) 406,000

Equivalent Units of Production for Materials 423,750

2. Conversion Costs

Ending Work In Process Inventory (25,000 × 50%) 12,500

Completed and Transferred (406,000 × 100%) 406,000

Equivalent Units of Production for Materials 418,500

3 0

3 years ago

During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $6 per

kupik [55]

Answer:

$192,000

Explanation:

Calculation for What is the value of ending inventory under variable costing

Using this formula

Value of ending inventory =[(Direct materials+Direct labor+Variable overhead+(Fixed overhead/Units produced)×Ending units in inventory]

Let plug in the formula

Value of ending inventory=[($6+ $4+ $5 + ($234,000/26,000 units) ×8,000 units]

Value of ending inventory= ($15 units+$9 units)×8,000 units

Value of ending inventory=$24 per units×8,000 units

Value of ending inventory = $192,000

Therefore the value of ending inventory under variable costing will be $192,000

8 0

3 years ago

makkiz [27]

I think that’s true but I’m not sure

4 0

3 years ago

If Rajiv's Fire Engines were a competitive firm instead and $125,000 were the market price for an engine, decreasing its price f

Sonbull [250]

Answer:

b) False

Explanation:

The price reduction will stimulate demand for Rajiv's Fire Engines, in the short run, before competitors catch up or even overtake the firm with price reduction strategies of their own. This will in turn drive sales and the production quantity to increase marginally in the short-run. However, in the long-run, because the market is competitive, Rajiv Company will not totally benefit from the price reduction as the price war intensifies among the competitors.

5 0

2 years ago