1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Pani-rosa [81]
3 years ago
10

The actual variable cost of goods sold for a product was $140 per unit, while the planned variable cost of goods sold was $136 p

er unit. The volume increased by 2,400 units to 14,000 actual total units. Determine
(a) the variable cost quantity factor and
(b) the unit cost factor for variable cost of goods sold.
Business
2 answers:
Tasya [4]3 years ago
7 0

Answer: $326,000, $56,000

Explanation:

Given the following ;

Actual variable cost = $140

Planned variable cost = $136

Actual total units = 14000

Unit increase = 2000

Therefore, the total planned unit is given by;

Actual total unit - unit increase

14000 - 2400 = 11,600 unit

A. Variable cost quantity factor is given by;

Unit increase × planned variable cost

(11600 - 14000) × $136

-2400 × $136 = 326,000

B. Unit cost factor for variable cost of goods sold is given by;

(planned variable cost - actual variable cost) × actual total units

($136 - $140) × 14000

$4 × 14000 = $56,000

kozerog [31]3 years ago
3 0

Answer:

$326,400 is the variable cost quantity factor while $56,000 is the unit cost factor

Explanation:

The variable cost quantity factor is a measure of the difference between the planned and actual units  multiplied by planned variable cost.  

That is Variable Cost quantity factor = (planned units  - actual units sold) x        planned variable cost

                                                            = (14000-2400) - 14000) x $136

                                                            = (11600 - 14000) x $136

                                                            =  -$326,400

Unit Cost factor = $(140 - 136) x 14000 units

                          =$56,000

You might be interested in
The last step in the marketing process often includes: collecting the cash from sales to consumers. developing a written report
pochemuha

Answer: developing a written report to summarize the results of the period's marketing activities.

Explanation:

The last step in the marketing process often is developing a written report to summarize the results of the period's marketing activities.

Developing a written report to summarise the results of the marketing activities is necessary in order to evaluate the performance of the marketing activity and also learn from past mistakes which have previously affected the company.

These are vital in order to capture a good market share in the future and also achieve organizational goals.

6 0
3 years ago
On January 1, $5,000,000, 10-year, 10% bonds were issued at $5,200,000. Interest is paid annually each January 1. The straight-l
Mnenie [13.5K]

Answer:

$20,000 premium is amortized at the end of the first year.

Explanation:

Straight line amortization:

premium amortized = Premium / number of years

                                 = ($5,200,000 - $5,000,000) / 10 years

                                 = $200,000 premium / 10 years

                                 = $20,000

Therefore, $20,000 premium is amortized at the end of the first year.

3 0
3 years ago
Match each item with a statement below. 1. Defines roles and responsibilities for information security 2. Too risky for most bus
ValentinkaMS [17]

Answer:

1 and 6,  3 and 4, 8 and 9, 2 and 7

Explanation:

1 and 6: For developing IR policy, roles and responsibilities for informatino security must be clearly defined

3 and 4: a single trainer working with multiple trainees is trainees receiving presentation

8 and 9: An online resource for IR can serve as a training case for staff

2 and 7: an unsual pattern in a system log can be risky for the business

3 0
3 years ago
Read 2 more answers
Kenji is another investor who currently owns shares of ESolver stock. He would like to place a particular kind of limit order, i
Mars2501 [29]

Answer: Fill or kill order

Explanation:

A fill or kill order is used when an individual or firm wants to either buy or sell a stock and in such cases, the order must be done as quickly as possible in its entirety.

If the order isn't done immediately at the price that has been specified or a price that's more than the specified price, such order is cancelled. Also, for a fill or kill order, partial execution isn't applicable.

4 0
3 years ago
Which organization serves as the principal operations center for the department of homeland security?
inysia [295]

Answer: B) National Operations Center

The organization which functions as the principal operations center for the Department of Homeland Security is the National Operations Center.

Basically, it is the one who is responsible for gathering and combining all the information. This includes information coming from the State, from the key metropolitan areas, and the information for all kinds of hazards and risks. Furthermore, it is also the one that distributes and manages all the information with the cooperation of the other organization partners.

4 0
3 years ago
Other questions:
  • Changes in the price of oil:
    6·1 answer
  • Multiple Choice Question
    8·1 answer
  • What steps did fdr take in response to the economic improvements of 1935 and 1936?
    12·1 answer
  • Equipment with a book value of $65,300 and an original cost of $133,000 was sold at a loss of $14,000. Paid $89,000 cash for a n
    15·1 answer
  • If 30,000 after-tax dollars are invested at 7% in a single-premium tax-deffered annuity, how many after-tax dollars will be accu
    6·1 answer
  • Higher interest rates result in less borrowing as ________ business projects become viable for a profit.
    7·1 answer
  • Name three factors that can contribute to increased output of goods and services in a country. Explain how these factors can imp
    5·1 answer
  • The proper mode of acceptance of an offer up and until the offer has been accepted is established by:_____
    13·1 answer
  • Marius has been brought in as a consultant for a large organization. He is tasked with identifying the goals, policies, and acti
    8·1 answer
  • An investment has a beta of 0.9. the risk-free rate of return is 8 percent, while the return on the market portfolio of assets i
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!