Answer:
Variable cost per unit= $1.92 per car wash
Explanation:
Giving the following information:
$5,400, occurred in July when 2,700 cars were washed and the lowest bill, $3,100, occurred in February when 1,500 cars were washed.
To determine the variable cost, we need to use the high-low method:
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (5,400 - 3,100) / (2,700 - 1,500)= $1.92 per car wash
Malcom seems to be drawing from COERCIVE source of power.
Coercive means to be using force or threat in order to make some one to do something. From the scenario given above, it can be seen that, Malcom is using threat in order to make others to be subjective to him concerning the project they are handling.<span />
Answer:
Debit Credit
Work in process inventory $15,000
Manufacturing overhead clearing account $15,000
Explanation:
First determine the amount of applied overhead which can be calculated as follows
Applied overhead=Rate per machine hour*number of hours
Applied overhead=$5*3,000=$15,000
The journal entry for the applied overhead shall be made as follow
Debit Credit
Work in process inventory $15,000
Manufacturing overheads clearing account $15,000
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
- Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine.
- It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.
- Finally, it participates in the process of globalization because the company operates internationally by selling its products.
Answer:
The Porch Cushion Company needs to purchase 22,000 pounds in August
Explanation:
Number of foam cushions to be produced in July = 12,000
Number of foam cushions to be produced in August = 10,000
Number of foam cushions to be produced in September = 5,000
Opening Inventory = 20% of (10,000×2)
= 4,000 pounds
Closing Inventory = 20% of (5,000×2) =2,000 pounds
Pounds required to produce foam cushions in August = 10,000 × 2 = 20,000
No of pounds required to purchase = 20,000 + 4,000 - 2,000
= 22,000 pounds
