Answer:
$50,820
Explanation:
Current Variable cost per unit = Direct materials + Direct labor + Variable manufacturing overhead + Variable selling and administrative expense
= $43.10 + $8.20 + $1.20 + $2.00 = $54.50 per unit
Variable cost per unit for special order = $54.50 - $1.30 = $53.20 per unit
Selling price per unit for special order = $77.40 per unit
Contribution margin per unit for special order = $77.40 - $53.20 = $24.20 per unit
Number of units for Special order = 2,100 units
Monthly financial advantage for special order = $24.20 * 2,100 units = $50,820
Hope this helps!
Answer:
Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Financial managers typically: ... Help management make financial decisions.
Answer:
The stated annual interest rate offered by this account is 41.42%.
Explanation:
The stated annual interest rate, r on the saving account can be determined as follows :
Pv = - $1
n = 4 × 2= 8
pmt = $ 0
p/yr = 2
Fv = $4
r = ?
Using a financial calculator the nominal rate,r compounded semi-annual is 37.8414 %
Then use the financial calculator to convert norminal rate to annual rate as follows :
37.8414 % Shift NOM%
P/YR 2
Shift EFF% 41.4213 or 41.42%
Answer:
Ending Inventory Units = 500 + 6700 - 6000 = 1200 units
Equivalent units for Material = Units completed and transferred*100% + Ending Inventory units*50% = 6000*100% + 1200*50%
= 6000 + 600 = 6600 units
Cost per equivalent unit for materials = (Beginning Material cost + Material cost incurred during the month) / Equivalent units for Material
= ($5800 + $125600) / 6600
= $19.91
Hence, third option is correct.
If someone produced too little of a good, this would suggest that the good was produced to the point where its marginal benefit exceeded its marginal cost.
Both are metrics used in economics for measurement of costs and benefits.
Marginal benefit is the gain the business receives for doing anything "one more time.", while marginal cost is the additional cost the business incurs to produce one more unit.
This means that if someone produced too little of a good, the business gained more than it lost.
