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Job 1
Direct material 6000
Direct labor 4000
Overhead=4000x
Where x is the predetermined rate
Job 2
Direct material 3000
Direct labor 2000
Overhead=2000x
Total cost=total cost of job 1+Total cost of job 2
18000=6000+4000+4000x+3000+2000+2000x
Solve for x to find the percentage
6000x=3000
X=3000/6000
X=0.5×100=50%
Answer:
d) $300
Explanation:
<em>Marginal revenue is the extra revenue from a resource the extra revenue earned from the use of additional unit of a given resource for production purpose. It is calculated as the increase in total revenue as a result of utilizing one additional unit of a factor of production.</em>
Marginal revenue = total revenue from 85 units - total revenue from 70 units
Marginal revenue = ($20 × 85) - ($20× 70)
= $300
Answer:
city mileage standard deviation for this SUV model is 2.34 mpg
Explanation:
given data
mean = 15.2 mpg
company indicated SUV more than 17 mpg = 22 %
to find out
city mileage standard deviation
solution
we know here that
P(Z > 0.77) is = 0.22
so here z is
z = 0.77
and
we use here z-score formula that is
mean x = z × + ................1
so
= ( x - ) ÷ z ................2
put here value and we get
=
= 2.34
so city mileage standard deviation for this SUV model is 2.34 mpg