Answer:
304900 units should be transferred to the next processing department during the month.
Explanation:
Work in process : As a name suggest, the Work in process (WIP) is a process in which the work is in under processing or we can say it is not 100 % completed. It can be incomplete in any cycle .
It includes various cost like - direct material , direct labor, overhead, etc.
To find out how much units is to be transferred, the following equation is used which is shown below.
= Opening Work in process inventory + Purchase of inventory - closing work in progress inventory
= 24,900 units + 309,900 units - 29,900 units
= 304900 units
Thus, 304900 units should be transferred to the next processing department during the month.
<span>The answer is B. Posting the date.
Here's the sequence of posting procedures.
First, Posting the date.
Second, posting the amount of the transactions.
Third,posting the page number of the journal in the Post. Ref. column of the ledger account.
And lastly, recording the posting ref. information</span>
Answer:
C) the client's objectives, financial resources, and the character of the account
Explanation:
While at the time of examining the actions of a specific agent by the administrator with respect to the commission earned would be depended upon the objective of the client, his financial resources,and the character of the account.
The character of the account represents the type of account in which the client is interest as different accounts have different commissions
So these three above objectives should be required
Hence, the option c is correct
Answer:
$80 per unit
Explanation:
Data provided in the question:
Per unit selling cost of the product = $150
Per unit variable cost of the product = $70
Total fixed cost per month = $1200
Now,
The unit contribution margin is calculated as:
unit contribution margin = Selling price per unit - Variable cost per unit
Thus,
unit contribution margin = $150 - $70
or
unit contribution margin = $80 per unit
Hence,
The correct answer is option $80 per unit
Answer:
3.60
Explanation:
Given that,
Sales units = 1,000
Sales price per unit = $60
Variable expenses = 40% of the selling price
Total Fixed cost = $26,000
Contribution margin per unit:
= Selling price - Variable cost
= $60 - ($60 × 40%)
= $60 - $24
= $36
Total contribution:
= Contribution margin per unit × Sales units
= $36 × 1,000
= $36,000
Profit = Total contribution - Fixed cost
= $36,000 - $26,000
= $10,000
Degree of operating leverage:
= (Sales - Variable costs) ÷ (Sales - Variable costs - Fixed Expenses)
= (60,000 - 24,000) ÷ (60,000 - 24,000 - 26,000)
= 36,000 ÷ 10,000
= 3.60
