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timama [110]
3 years ago
6

Johnston Company wants to double production of Product X from 1,000 units to 2,000 units. The variable manufacturing cost per un

it is $10. The variable non manufacturing cost per unit is $20. There are no fixed costs. The selling price per unit is $50. What is the incremental cost of the proposed change?
A) $10,000B) $20,000C) $30,000
D) $60,000
Business
1 answer:
ratelena [41]3 years ago
7 0

Answer: C - $30,000

Explanation: Johnston Company wants to double production of Product X from 1,000 units to 2,000 units.

The variable manufacturing cost per unit is $10. The variable non manufacturing cost per unit is $20.

The selling price per unit is $50

To increase production by 1000 units

Total cost is $10 + $20 = $30

Total incremental cost = 1,000 * $30= $30,000

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The following December 31, 2021, fiscal year-end account balance information is available for the Stone Corporation:Cash and cas
blsea [12.9K]

Answer:

1.

Total current assets  = $112500

2.

Short term investments = $2300

3.

Retained earnings = $15500

Explanation:

1.

The total current assets can be determined using the current ratio provided for 2021. The current ratio is calculated by dividing the value of total current assets by the value of the total current liabilities.

1.5  =  Total current assets / (51000 + 23000 + 1000)

1.5 = Total current assets / 75000

1.5 * 75000 = Total current assets

Total current assets  = $112500

2.

Short term investments are a part of the current assets. The value of short term investments is,

112500 = 6200 + 32000 + 72000 + Short term investments

112500 = 110200 + Short term investments

112500 - 110200 = Short term investments

Short term investments = $2300

3.

The basic accounting equation states that the total assets is always equal to the value of total liabilities plus total equity.

Total assets = Total Liabilities + Total Equity

(112500 + 180000) = [(51000 + 23000 + 1000) + 42000]  +  (160000 + Retained earnings)

292500 = 117000 + 160000 + Retained earnings

Retained earnings = 292500 - 277000

Retained earnings = $15500

6 0
3 years ago
what is the best strategy to avoid paying interest on your credit cards? who ever answers fast enough gets 30 points, so i'd hur
adoni [48]

Pay off your balance every month.

Explanation

Avoid paying interest on your credit card purchases by paying the full balance each billing cycle. Resist the temptation to spend more than you can pay for any given month, and you'll enjoy the benefits of using a credit card without interest charged

5 0
3 years ago
Read 2 more answers
Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estim
Jlenok [28]

Answer:

Budgeted sales:

Product XXX= $2,630,000

Product ZZZ= $6,304,000

Total sales= $8,934,000

Explanation:

Giving the following information:

Product XXX Sales in units:

Region I= 336,000 units

Region II= 190,000

Selling price per unit= $5

Product ZZZ Sales in units:

Region I= 254,000 units

Region II= 140,000 units

Selling price= $16.

<u>The budget sales for the period is simply a multiplication of the number of units to de sold and the selling price per unit.</u>

<u></u>

Budgeted sales:

Product XXX= (336,000 + 190,000)*5= $2,630,000

Product ZZZ= (254,000 + 140,000)*16= $6,304,000

Total sales= $8,934,000

7 0
3 years ago
$159 per unit $205 per unit $166 per unit $292 per unit Olds Inc., which produces a single product, has provided the following d
ruslelena [56]

Answer:

Unit product cost= $204

Explanation:

Giving the following information:

Number of units produced 10,700

Variable costs per unit:

Direct materials $108

Direct labor $51

Variable manufacturing overhead $7

Fixed manufacturing overhead $417,300

Under the absorption costing method, the unit product cost is calculated using the direct material, direct labor, and total unitary overhead.

First, we need to calculate the unitary fixed manufacturing overhead

unitary fixed manufacturing overhead = 417,300/10,700= $39 per unit

Unit product cost= 108 + 51 + 7 + 39= $204

4 0
3 years ago
The general manager at the Las Vegas Convention Center is planning to expand its functional area, especially the operations depa
Andru [333]

Answer:

A. Customer service friendliness and genuinenss in helping guest

Explanation:

5 0
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