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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

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The analysis of past sales and interpretation of cost information are important in evaluating performance and providing useful facts for future planning. All these activities rely on marketing information and a rigorous marketing research process to produce insights managers can trust and act on.
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If there are no statistical discrepancies, NDP (net domestic product) is: a) NI minus net foreign factor income.b) NI plus corpo
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Answer:

a

Explanation:

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3 years ago
In what positive and negative ways has the Internet changed the conduct and coordination of global business?
Whitepunk [10]

Answer: Positive ways; Barriers in connecting is slightly no more, Negative ways; Increase in fraud and cyber theft

Explanation:

The internet has changed the conduct and cordination of global business in many ways both positively and negatively. Considering the positive ways

Positive Ways: Barriers in connecting is slightly no more: connecting to one another has been made easy to do business recently, people in continents can carry out a transaction and a trade under minutes of interaction and get the goods and services exchanged among each other immediately.

Negative ways; Increase in fraud and cyber theft; despite the swift nature of doing business now, it has also Increased fraud as some people disguise themselves to be traders and businessmen just to collect people's money.

7 0
3 years ago
The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production
Illusion [34]

Answer:

See below

Explanation:

The computation of carrying value on the balance sheet of the ending inventory of finished goods under variable costing is seen below;

Before that, we have to determine the unit cost

Unit fixed manufacturing overhead = $120,400 ÷ 6,020 units = $20

Then, the difference will be;

= Unit fixed manufacturing overhead × change in inventory in units

= $20 × (6,020 units - $5,920)

= $20 × 100 units

= $2,000 less than absorption costing

7 0
3 years ago
Operations managers at Alumax Corporation have found that they can achieve efficient production only by producing very large qua
DedPeter [7]

Answer: continuous production process

               

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In the given case, the company is able to produce efficiently only if they produce in large quantities.

Hence they should indulge in continuous production process.

7 0
3 years ago
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