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
Verizon [17]
4 years ago
14

Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company

produced 44,000 units and sold 36,000 units at a price of $140 per unit.
Manufacturing costs
Direct materials per unit $60
Direct labor per unit $22
Variable overhead per unit $8
Fixed overhead for the year $528,000
Selling and administrative costs
Variable selling and administrative cost per unit $11
Fixed selling and administrative cost per year $105,000
Assume the company uses absorption costing.

Determine its product cost per unit.
Business
1 answer:
siniylev [52]4 years ago
5 0

Answer:

The Cool Sky product cost per unit is $102.

Explanation:

To determine the product cost per unit using the absorption costing we find the per unit rate for Fixed Overheads for the year as follows,

Total Fixed overheads for the year / Units produced during the year

$528,000 / 44,000 unit = $12 per unit.

Total Cost per unit = Direct Material per unit + Direct labor per unit + Variable overhead per unit + Fixed Overhead per unit.

Total Cost per unit = $60 + $22 + $8 + $12

Total Cost per unit = $102 per unit.

You might be interested in
Ashley, Nikki and Jared all selected identical new cars at the same price. Ashley, bought the car with some of his own money and
ycow [4]
D beacuse she paid it cash and the others out with loan or cash and loan
6 0
3 years ago
Read 2 more answers
Ultimately, the study of international business is no different from the study of domestic business. Thus, there is no point in
insens350 [35]

Answer:

Explanation:

Where the culture and the mode of living are completely different, international business is going beyond boundaries.

People of single culture and region are been dealt with in the domestic business, and it is easy to know what the customer needs. Many cultures are been dealt with when it comes to international business, and there is a need for product customization as per the location. This would require a team that manages these issues in each region.

Hence, when compared to domestic business, the business will be in a large mode. Thus, there is a separate course for international business which helps us to reach the heights we require to see the whole world.

Based on the explanation above, the statement given in the question is false.

7 0
3 years ago
Which of the terms below is often used in addition to the words "writing" and "record", and thus recognizes that UCC contracts a
hoa [83]

Answer:

<em>An electronic record</em>

Explanation:

An electronic record is data <em>that is or is being generated by a desktop. It is obtained when an agency or individual activity is initiated, conducted or completed.</em>

Instances of digital records include: email messages, handwritten documentation, electronic spreadsheets, digital photos, and databases.

6 0
4 years ago
When tina stepped up to serve as the organizer for the sustainability committee's organizational meetings, she decided to get th
4vir4ik [10]
She is using participative leadership. <span>Participative leadership</span><span> is a method of leadership that involves all team members identifying important goals as well as developing strategies and procedures. Participative leadership can be perceived as a leadership style that rely primarily on functioning as facilitator that the one who simply issues commands or orders or making assignment for each member of the team.  
</span>
6 0
4 years ago
Assume the U.S. one-year interest rate is 8 percent, and the British one-year interest rate is 6 percent. The one-year forward r
NNADVOKAT [17]

Answer:

d. about 11.4 percent

Explanation:

% change in pound = ($2.05 - $1.95)/$1.95

                                 = 5.1%

Effective financing rate = (1 + 6%)(1 + 5.1%) - 1

                                       = 11.4%

Therefore, The effective financing rate for a U.S. firm that takes out a one-year, uncovered British loan is about 11.4 percent.

8 0
3 years ago
Other questions:
  • The chance of winning a lottery game is 1 in approximately 27 million. Suppose you buy a​ $1 lottery ticket in anticipation of w
    11·1 answer
  • Assume instead that (a) freight costs were paid by the vendor, (b) no discounts were taken, and (c) the merchandise on hand at t
    5·1 answer
  • Blue Spruce Corp. sells equipment on September 30, 2019, for $17,600 cash. The equipment originally cost $72,700 and as of Janua
    7·1 answer
  • Jing and Tim have parking spaces next to each other at the apartment complex where they live. Tim claims that Jing dented his ca
    9·1 answer
  • Production estimates for August for Jay Company are as follows: Estimated inventory (units), August 1 12,000 Desired inventory (
    10·1 answer
  • Anderson Corporation has provided the following production and average cost data for two levels of monthly production volume. Th
    10·1 answer
  • Clicking the Format Painter once will allow you to apply the copied formatting repeatedly.
    8·1 answer
  • HURRY !! The information given to you by your teachers is always accurate and should never be questioned.
    11·1 answer
  • The intention of a price floor is to help producers by setting a higher than equilibrium price. What is one unintended consequen
    13·1 answer
  • Permanent insurance plans include various options available to the policyowner. What whole life insurance policy options protect
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!