I believe it would require one year in the military.
Answer:
Unitary cost A : $17.98
Unitary cost B : $10.58
Explanation:
First, we need to calculate the predetermined overhead rate for each activity.
The predetermined manufacturing overhead rate = Total estimated overhead costs for the period / Total amount of allocation base
Machine setup
= 158,000/2,000
= $79 per setup hour
Materials handling
= 112,000/16,00
= $7 per pound
Electric power
= 25,000/25,000
= $1 per kilowatt.
Now, we can allocate overhead to each product
Allocated MOH = Estimated manufacturing overhead rate × Actual amount of allocation base
Product A
Machine setup
= $79 × 100
= $7,900
Materials handling
= $7 × 1,000
= $7,000
Electric power
= $1 × 2,000
= $2,000
Total = $16,900
Product B
Machine setup
= $79 × 200
= $15,800
Materials handling
= $7 × 1,000
= $7,000
Electric power
= $1 × 4,000
= $4,000
Total = $26,800
Finally, the total cost and the unitary cost
Product A.
Total cost
= Direct materials + Direct labor + Allocated MOH
= $32,000 + $41,000 + $16,900
= $89,900
Unitary cost
= Total cost/Number of units produced.
= $89,900/5,000
= $17.98
Product B
Total cost
= Direct materials + Direct labor + Total allocated MOH
= $41,000 + $38,000 + $26,800
= $105,800
Unitary cost
= Total cost/Number of units produced
= $105,800/10,000
= $10.58
Answer: Please refer to Explanation
Explanation:
I have attached the requirements of the question.
This type of Market is known as a Monopolistic Competitive Market.
In a Monopolistic Competitive Market, there are many firms with each selling similar but differentiated products. These products are sold for a price that take into account, the amount of Differentiation made.
Getting into this market is easy as there are no barriers to entry or exit. A high investment is needed though to differentiate goods and to advertise effectively so it is Challenging.
Number of Firms - Many Firms.
Type of Product - Differentiated
Entry - Challenging
Market model - Monopolistic Competition.
The above situation fits into these criteria so it is a Monopolistic Competitive Market.
Answer:
<u><em>Local Income Taxes. </em></u>This taxes are used to fund city programs and community improvement.
Not as many people directly go to the bank in person anymore, because they can do it online.
Hope this helps you, and happy studying!
~Mistermistyeyed.