Answer:
Instructions are below.
Explanation:
Giving the following information:
1. We weren't provided with enough information to calculate the plantwide predetermined overhead rate. <u>But, I can provide the information required as an example and the formulas necessary.</u>
Estimated overhead= 1,200,000
Estimated machine-hours= 350,000
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 1,200,000/350,000
Predetermined manufacturing overhead rate= $3.43 per machine hours.
2. Job 400:
Direct materials $320
Direct labor cost $240
Machine-hours used 36
Total manufacturing cost= 320 + 240 + 36*3.43
Total manufacturing cost= $683.48
3. Job 400= 50 units
Unitary cost= 683.48/50= $13.67
4. Moody uses a markup percentage of 120% of its total manufacturing cost
Selling price per unit= 13.67*1.2= $16.404
Answer:
The answer is D a larger number of firms will lead to a higher average cost
Answer:
How you become a good Project Manager?
You become a good project manager by making a good ans sound decision, able to work under pressure with little or no supervision, explore opportunities and have an astute skill to lead.
How to manage projects in a complex society?
Managing projects in a complex society entails keeping to time and delivering on time too. By so doing, more projects comes in as no one desire a delay in business and handling of his projects.
How to manage people to ensure a successful project team?
Good and prompt supervision making, conducting trainings to equip staff to be able to deliver the exact requirement to make business smooth.
How to understand the context of complexity of your project?
As no one jumps into becoming a project manager, it requires a process in which the operation and handling of challenges in a projects is known. Understanding the complexity of projects requires studying the projects knowing the cost and in total wha
Answer:
$60
Explanation:
For computing the target cost, first we have to determine the profit per unit which is shown below:
= Selling price × return on sales percentage
= $80 × 25%
= $20
Now the target cost would be
= Selling price per unit - profit per unit
= $80 - $20
= $60
All other information which is given is not relevant. Hence, ignored it
Answer:
Reserve price = $55
Expected revenue with a reserve price = $55
Expected revenue without a reserve price = $55
Explanation:
The auctioneer should set the reserve price siguiente:
Reserve price = ($30x0.5) + ($80x0.5) = $15 + $40 = $55
In the case of the expected revenue with the reserve price, only the bidder who has set a $80 value will pay the reservation fee, then the expected revenue will be the reserve fee of $55.
In the case of the expected revenue without the reserve price, both of the bidders will enter the auction for the item. Since the values are equally probable the expected profit without the reservation fee is equally $55.
Hope this helps!
