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
mina [271]
3 years ago
13

At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following informatio

n: Job Direct Materials Direct Labor Machine Hours Job 765 $5,670 $3,500 27 Job 766 8,900 4,775 44 Job 765 produced 152 units, and Job 766 consisted of 250 units. Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $200 per hour. a. Determine the balance on the job cost sheets for each job. Job 765 $ Job 766 $ b. Determine the cost per unit at the end of April. Round your answers to the nearest cent. Job 765 $ Job 766 $
Business
1 answer:
baherus [9]3 years ago
8 0

Answer:

                               Job 765        Job 766

Direct material         $5,670          $8,900

Direct labor              $3,500          $4,775

Overhead                 $5,400          $8,800

                                (27*200)        (44*200)

Total Job cost          $14,570        $22,475

b) Cost per unit  = Total job cost/unit produced

Job 765 = $14,570/152 units

Job 765 = 95.86

Job 766 = $22,475/250 units

Job 766 = 89.90

You might be interested in
The crossover point is that production quantity where: _________
Vanyuwa [196]

The crossover point is that production quantity where total costs for one process equal total costs for another process. Hence, option D is correct.

<h3>What is crossover point?</h3>

Financial independence is secured when investment income exceeds regular income. In financial jargon, this is known as the "cross over point."

When the production expenses for one product are the same as those for another product, there is an added benefit to selling any product because the cost is the same and the income will be higher from each unit, independent of the number of units sold.

Thus, option D is correct.

For more details about crossover point, click here:

brainly.com/question/13845784

#SPJ4

All options are missing firm the question-

a. variable costs of one process equal the variable costs of another process.

b. fixed costs of a process are equal to its variable costs.

c. total costs equal total revenues for a process.

d. total costs for one process equal total costs for another process.

e. the process no longer loses money.

4 0
2 years ago
Bond P is a premium bond with a coupon rate of 9 percent. Bond D has a coupon rate of 5 percent and is currently selling at a di
Firdavs [7]

Answer:

a) 7% as their market price will adjsut to give the same yield as the market

b) bond P = -10.17

 bonds D  = 10.07

Explanation:

we have to calcualte the price variation of the bonds from now (10 years to maturity) to next year (9 years)

Bond P

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 90.000

time 10

rate 0.07

90 \times \frac{1-(1+0.07)^{-10} }{0.07} = PV\\

PV $632.1223

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   10.00

rate  0.07

\frac{1000}{(1 + 0.07)^{10} } = PV  

PV   508.35

PV c $632.1223

PV m  $508.3493

Total $1,140.4716

then, at time = 9

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 90.000

time 9

rate 0.07

90 \times \frac{1-(1+0.07)^{-9} }{0.07} = PV\\

PV $586.3709

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   9.00

rate  0.07

\frac{1000}{(1 + 0.07)^{9} } = PV  

PV   543.93

PV c $586.3709

PV m  $543.9337

Total $1,130.3046

Capital loss: 1,130.30 - 1,140.47 = -10.17

We repeat the process for bond D

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 50.000

time 10

rate 0.07

50 \times \frac{1-(1+0.07)^{-10} }{0.07} = PV\\

PV $351.1791

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   10.00

rate  0.07

\frac{1000}{(1 + 0.07)^{10} } = PV  

PV   508.35

PV c $351.1791

PV m  $508.3493

Total $859.5284

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 50.000

time 9

rate 0.07

50 \times \frac{1-(1+0.07)^{-9} }{0.07} = PV\\

PV $325.7616

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   9.00

rate  0.07

\frac{1000}{(1 + 0.07)^{9} } = PV  

PV   543.93

PV c $325.7616

PV m  $543.9337

Total $869.6954

Capital gain: 869.70 - 859.53 = 10.07

6 0
3 years ago
George is a new salesperson in his firm. He is assigned to attract new buyers by visiting their homes and demonstrating the feat
motikmotik

Answer:

b.

Explanation:

Based on the scenario being described within the question it can be said that George is a creative salesperson, and is the main reason why he is so valued. This creativity allows George to come up with all the new ideas that others may not be able to come up with, and these ideas and tactics create value to the company.

4 0
3 years ago
Read 2 more answers
If the a=4 find the value a2<br>​
Rashid [163]

Answer:

If a = 4 it would be 4 x 2 = 8

Explanation:

Have a nice dayy/nightt

3 0
3 years ago
Since ______________________and the firm's sales has been forecasted to increase by 10 percent for next year, its pro forma inco
Veseljchak [2.6K]

Answer:

correct answer is American Tire is currently operating at its full capacity

Explanation:

given data

firm's sales increase by =  10 percent

growth in sales and fixed assets = 10 percent

solution

correct answer is American Tire is currently operating at its full capacity  because here it is a currently operating at full capacity that is increase in the sales that is require similar increase in the fixed asset

and when it is a operating at the excess capacity then lower increase in the fixed asset is require

and when it retains all income then lower increases in the fix asset is require.

so correct answer is is American Tire is currently operating at its full capacity

7 0
3 years ago
Other questions:
  • Eastern Edison Company leased equipment from Hi-Tech Leasing on January 1, 2018.
    8·1 answer
  • Please hellllpppppp x.x
    8·1 answer
  • Money is
    8·1 answer
  • Leon is 28 years old and pays cash for everything he buys. He has never had credit in his name and never missed or been late on
    7·1 answer
  • Josh is 32 years old. After graduating with a bachelor's degree, he worked for a financial organization for seven years and rece
    9·1 answer
  • Why would the top-level managers at Nutzandboltz, a hardware company, decide to invest free cash flow in product lines such as c
    10·1 answer
  • Equipment with an estimated market value of $27,869 is offered for sale at $45,447. The equipment is acquired for $16,939 in cas
    9·1 answer
  • Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budgeted 35,000 barrels of oil
    11·1 answer
  • Chicago Investors, Inc. is interested in preserving a certified historic structure in downtown Chicago in 2019. The building wil
    10·1 answer
  • What is meeting the deductible?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!