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Zanzabum
3 years ago
15

Columbia Products produced and sold 1,200 units of the company’s only product in March. You have collected the following informa

tion from the accounting records:
Sales price (per unit) $125
Manufacturing costs:
Fixed overhead (for the month) 18,200
Direct labor (per unit) 10
Direct materials (per unit) 34
Variable overhead (per unit) 26
Marketing and administrative costs:
Fixed costs (for the month) 19,500
Variable costs (per unit) 5


Compute the following:
(1) Variable manufacturing cost per unit.
(2) Full cost per unit.
Business
1 answer:
Leya [2.2K]3 years ago
8 0

Answer:

1. $70

2. $106.42

Explanation:

(1) Variable manufacturing cost per unit:

= Direct labor + Direct material + Variable overhead

= $10 + $34 + $26

= $70

(2) Full cost per unit:

= Direct labor + Direct material + Variable overhead + Variable selling cost + (Fixed ÷ 1,200)

= $10 + $34 + $26 + $5 + [(19,500 + 18,200) ÷ 1,200)]

= $75 + $31.42

= $106.42

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In a typical balance of payments crisis part the interest parity curve shifts in. Capital exodus results from downward pressure on interest rates, whereas imports rise as income levels rise.

As a result, the exchange rate depreciates, moving the BP curve to the right. The I and Y combinations that result in balance of payments equilibrium are provided by the BP curve. A given domestic price level, a certain currency rate, and a specified net foreign debt are used to build the BP curve. When the capital account deficit equals the current account surplus, equilibrium has been reached. Interest rates between two countries must be equal for interest rate parity to persist in a fixed exchange rate regime.

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6 0
1 year ago
Keith enjoys cutting hair and he just graduated from a cosmetology program. He has opened up his own shop, but it has not grown
marysya [2.9K]

Answer:

Franchises.

Explanation:

A franchise is formed when a third party is given the right to market products using the brand name of a parent company. There is usually an agreement between the parent company and the third party on profit sharing from the franchise.

In this scenario Keith wants to try a brand recognition of a national chain, but he wants to stay in his local area and be the owner of the shop.

The best option is to form a franchise where he can use the national brand to grow his business locally.

3 0
3 years ago
The price of a basket of goods is $2000 in the U.S. If purchasing power parity holds, and the dollar buys two units of some coun
Eva8 [605]

Answer:

4000

Explanation:

Calculation to determine how many units of foreign currency does the same basket of goods cost in that country

Based on the information given we were told that the PRICE OF A BASKET OF GOODS is the amount of $2000 in which the dollar buys TWO UNITS of some country’s currency, now let determine HOW MANY UNITS of foreign currency does the same basket of goods cost in that country

Using this formula

Units of foreign currency=Basket of goods price*Some country’s currency units

Let plug in the formula

Units of foreign currency=$2,000* 2 units

Units of foreign currency=4,000 units

Therefore the number of units of foreign currency that the same basket of goods cost in that country is 4,000

The price of a basket of goods is $2000 in the U.S. If purchasing power parity holds, and the dollar buys two units of some country’s currency, then how many units of foreign currency does

7 0
2 years ago
Which of the following methods is useful for recovering stolen property
Tju [1.3M]
Since you didn't give any methods to choose from, I will post several that can help a person recover their stolen goods. Contacting the police is the best way to recover your goods. A person should always write down serial numbers of their items such as electronics, guns, etc. The police should document and recover any physical evidence left at the crime scene. If you have jewelry in your home, you should always have a picture of all the jewelry to aid in the recovery. <span />
5 0
3 years ago
Read 2 more answers
PB9.
Drupady [299]

Answer:

transferred out  = 1550 units

Explanation:

given data

beginning WIP inventory = 600 units

received = 1,500 units

end of month with process =  550 units

to find out

transferred out

solution

we get here transferred out by the given equation that is

Units in Work in process at the end of the month = Beginning WIP inventory + Units receive or started - transferred out   ..................1

put here value we will get

550 = 600 + 1500 - transferred out  

transferred out  = 1550 units

5 0
3 years ago
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