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Naddika [18.5K]
3 years ago
6

During its first year of operation Mazer Manufacturing Company produced 4,500 units of inventory and sold 2,050 units. Mazer inc

urred variable product cost of $3.5 per unit and $5,850 of fixed manufacturing overhead costs. The sales price of the products was $8.5 per unit. Determine the amount of gross margin Mazer would report if the company uses absorption costing. (Do not round intermediate calculations.)
Business
1 answer:
const2013 [10]3 years ago
5 0

Answer:

Gross profit= $7,585

Explanation:

Giving the following information:

Units produced= 4,500 units

Units sold= 2,050 units.

Unitary variable cost= $3.5 per unit

Fixed manufacturing overhead= $5,850

The sales price of the products was $8.5 per unit.

Under the absorption costing method, the fixed manufacturing overhead is part of the product cost. Therefore, the units remaining in inventory have fixed costs incorporated.

Unitary cost= 3.5 + 5,850/4,500= $4.8

Sales= 2,050*8.5= 17,425

Cost of goods sold= 2,050*4.8= (9,840)

Gross profit= $7,585

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Answer:

The production level that maximizes Silky's profit is 5000 ties.

Explanation:

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First of all, as we have Q(P)=150-0.2P, we need to transcript it as price in function of the quantity so

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Then we need to find income function that is I(Q)=Q*P(Q)=750Q-5Q^{2}.  After derivate it I'(Q)=750-10Q.

The optimum level is when we have MC=I'(Q), therefore,

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3 years ago
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<u>Answer: </u>

The following are the values with their correct matches

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<u>Explanation: </u>

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