Answer:
$50,000 ; $100,000 ; $150,000
Explanation:
The computation of the total variable production cost is shown below:
For 4,000 units, it would be
= 4,000 units × $12.50
= $50,000
For 8,000 units, it would be
= 8,000 units × $12.50
= $100,000
For 12,000 units, it would be
= 12,000 units × $12.50
= $150,000
Simply we multiplied the total variable cost per unit with the respective units
Answer:
Conformity
Explanation:
Conformity is an appraisal principle which states that the accurate value of a property tends to be created and then prolonged in a situation where the various features of the property meets up with the different demands of the market.
The basic principle of conformity describes how a particular property is suitable to be located in its surrounding. This is the main reason why different houses are built in the same pattern as the other houses situated in the area. This therefore increases the value of the property.
Answer:
$208,000
Explanation:
Calculation for fixed overhead applied
Using this formula
Fixed overhead applied =Budgeted Fixed overhead+Fixed overhead volume variance
Let plug in the formula
Fixed overhead applied =$200,000+$8,000
Fixed overhead applied=$208,000
Therefore Fixed overhead applied must be $208,000
Answer: B costs
Explanation:
In business and accounting, cost is the monetary value that has been spent by a company in order to produce something.
Cost accounting aids in decision-making processes by allowing a company to calculate, evaluate, and monitor its costs.
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