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ICE Princess25 [194]
2 years ago
11

Josh’s Manufacturing Company reported fixed manufacturing overhead of $2,500,000, and 2,600,000 total units. The variable manufa

cturing costs were $1.50 per unit. What is the cost per unit using absorption costing?
Business
1 answer:
sleet_krkn [62]2 years ago
4 0

Answer:

$0.54

Explanation:

Given: Fixed manufacturing overhead = $2500000.

           Total number of unit= 2600000.

            The variable manufacturing costs= $1.50 per unit.

First finding the cost per unit of manufacturing overhead.

Cost per unit of manufacturing overhead= \frac{Fixed\ manufacturing\ overhead}{Total\ number\ of\ units}

⇒ Cost per unit of manufacturing overhead= \frac{2500000}{2600000}

∴ Cost per unit of manufacturing overhead= $0.96154

Next finding the cost per units using absorption costing.

Cost per unit= Per\ unit\ variable\ manufacturing\ cost - Per\ unit\ cost\ of\ fixed\ manufacturing\ overhead⇒ Cost per unit= \$ 1.50 -\$ 0.96154

∴ Cost per unit= 0.5384 \approx \$0.54

Hence, $0.54 is the cost per unit using absorption costing.

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Answer:

  • 1800
  • 500
  • Spending multiplier =5 , Tax multiplier =4
  • new GDP =2000 , Increase GDP level = 11.11%
  • new GDP =1800 , Increase in GDP level = 0%

Explanation:

  • Equilibrium GDP = C+I+G+net export

C = private consumption

I = investment

G = government consumption

Net export = export - import

800+400+500+100 = 1800

  • Saving at GDP = (GDP-T-C) +(T-G)

(1800-400-800)+(400-500) = 500

  • SPENDING  MULTIPLIER = 1 / 1 - MPC

= 1 / 1 - 0.8 = 5

        TAX MULTIPLIER = MPC /  1 - MPC

= 0.8/1-0.8

=0.8 / 0.20 = 4

  • New equilibrium GDP = GDP + 200 = 2000

Increase in GDP level = (NEW GDP - OLD GDP / OLD GDP) *100

(2000-1800) / 1800 = 11.11%

  • New Equilibrium GDP = C + I+ G + Net export

(800-200) +400 +(500+200) +100 = 1800

Increase in GDP level = (NEW GDP - OLD GDP / OLD GDP) *100

There is no change in GDP.

4 0
3 years ago
On January 1, the first day of its fiscal year, Pretender Company issued $12,700,000 of five-year, 11% bonds to finance its oper
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Answer:

1) Debit Bank $11787069 Debit bond discount $912931 ; Credit Bond $12700000

2) Debit Interest expense $751293 ; Credit Bank $660,000 Credit Discount on Bond payable $91293

3 )Debit interest expense $ 751293 ; Credit bank 660000, Credit discount on bond payable $91293

b)Interest expense = $1502586

c)It is because a financial crisis might have happened prior to issuing the bond and the company still went ahead with issuing even though the rate has changed.

Explanation:

interest expense = 12000000 * 0.11 * 6/12=$660000

discount on bond payable = $912931 /5 = 182586 /2= 91293

Interest expense = $751293 * 2 = $1502586

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2 years ago
Williams Alternative Power, Inc., a company developing solar panels, has done considerable research and limited production durin
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Answer:

greatly increased.

Explanation:

IPO refers to Initial Public Offering which is what new companies begin to do by offering initial shares of the company in order to raise money. This being said we can say that at this stage of its life cycle, its ability to attract venture capital is greatly increased. This is because Venture Capital are private equity from a large number of firms looking to invest in new companies with very high growth potential for the future.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago
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Even though local newspapers are very inexpensive, people rarely buy more than one of them each day. This fact: Select one: a. i
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Implies that, for most people, the marginal benefit of reading a second newspaper is less than the marginal cost is the fact.

<h3>What is newspaper?</h3>

Newspaper is the paper that consist of the news in it, it publishes on the daily basis with the different news, there are different kind of news present in the paper like local news, international news, celebrities news, headline, exclusive news and others.

Thus, option C is correct.

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No options are given, but the most commonly used survey response methods are:

  1. Multiple choice questions = generally easy to code
  2. Rating scale questions = also easy to code, since response scales have a finite number of choices, e.g. 2 true/false, 3 agree/disagree/undecided, 5 very bad/bad/fair/good/excellent
  3. Matrix questions. = are a little bit more complex since they involve several rating scale questions, but it is not something difficult either
  4. Dropdown questions. = similar to multiple choice questions
  5. Open-ended questions. = this are hard to code since each subject can respond different things, e.g. the thing that I like the most about this project is bla, bla, bla. There are no pre-set answers given to the subjects. THIS TYPE IS THE MOST DIFFICULT TO CODE.
  6. Demographic questions = similar to multiple choice
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