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
ira [324]
3 years ago
13

Last year, Barnard Company incurred the following costs: direct materials, $50,000; direct labor, $20,000; manufacturing overhea

d, $130,000; selling expense, $40,000; administrative expense, $36,000.
Barnard produced and sold 10,000 units at a price of $31 each.
Refer to the information for Barnard Company above.

Prime cost per unit is :

a. $7.00

b. $20.00

c. $15.00

d. $5.00

e. $27.60
Business
1 answer:
Marizza181 [45]3 years ago
8 0

Answer:

Prime cost per unit is:  a. $7.00

Explanation:

Prime costs are direct costs and calculated by the following formula:

Prime costs = Direct materials + Direct labor

Prime cost per unit = Prime costs/ number of units are produced

Barnard Company produced and sold 10,000 units. Direct materials were $50,000; Direct labor were $20,000.

Prime costs = $50,000 + $20,000 = $70,000

Prime cost per unit = $70,000/10,000 = $7.00

You might be interested in
C&K Brewing Company is a microbrewery in western Canada. It produces Maiden’s Honor brand ale, a dark beer called Warrior’s
ehidna [41]

Answer:

The correct answer is letter "A": concurrent .

Explanation:

Concurrent control is adopted to regulate ongoing activities in an organization so that they can meet the company's standards. This type of control is chosen to ensure that the output will have the results expected. It implies measuring the quality of the processes at a certain point in time to determine to continue with them or not.

3 0
3 years ago
A type of kitchen knife with a sharp point and a narrow blade. It is used in food
Scrat [10]

Answer:

The answer is C. Boning knife

3 0
2 years ago
The value of what businesses provide to other businesses is captured in the final products at the end of the __________ chain. s
Ira Lisetskai [31]
The value of what businesses provide to other businesses is captured in the final products at the end of the production chain. During the production chain the product goes through various steps to reach its end result. Each step in the chain adds more value to the product. Once it reaches the end of the chain the true test is the value it provides to business that ends up using the item. An example of this is a home being built. During each stage of the home building process the home is getting closer to its true test, when the owners move in. From the floor being poured to the walls going up, each step makes the house closer to becoming someones home. 
8 0
3 years ago
An investor just purchased a 10-year, $1,000 par value bond. the coupon rate on this bond is 8 percent annually, with interest b
cupoosta [38]

i think it is $875.38

7 0
3 years ago
Each of the following is a disadvantage of buying rather than making a component of a company's product except that Select one:
shtirl [24]

Answer:

The correct answer is letter "C": Profitable product lines may be dropped.

Explanation:

The decision of making a product in-house or relying on an outsourcing manufacturer is evaluated mainly by comparing the costs that handling a new production line carries. While outsourcing can save a company a great amount of money in <em>labor, equipment, materials, </em>and <em>knowledge</em>, quality control is not managed directly.  

However, <em>a new line of components in-house implies incurring in most costs that could conflict the production of existing profitable product lines that could see their numbers reduce gradually until the product drops.</em>

6 0
2 years ago
Other questions:
  • Suppose the demand function​ (D) for golf clubs​ is: Qequals=180180minus−0.500.50​P, where P is the price paid by consumers in d
    10·1 answer
  • The following data reflects the number of defects produced on a assembly line at the Deerfield electronics company for the past
    10·1 answer
  • Nabors Company reported the following current assets and liabilities for December 31 for two recent years:
    5·1 answer
  • Which of the following is a valid shortcoming of the use of foreign aid to eradicate​ poverty? A. It may not lead to a sizable i
    14·1 answer
  • A concern voiced by critics of globalization is that today's increasingly interdependent global economy shifts economic power to
    9·1 answer
  • Asset retirement obligations:
    7·1 answer
  • Island Trading Co., a client of your CPA firm, has requested your advice on the following problem. It has three clerical employe
    8·1 answer
  • 7. Which situation indicates a mixed economy?
    6·1 answer
  • If someone is discriminated by a law based on gender, the burden is on the state to show that the law is substantially related t
    14·2 answers
  • marci, a purchasing agent, orders 300 refrigerators per month from an online vendor portal. in doing so, she has made a(n) decis
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!