Answer:
Finished goods = $85,800
Ending inventory = $5,280
Explanation:
beginning WIP 400 units
$11,080
8000 units started
$80,000
units finished and transferred out = 8,000 + 400 - 600 = 7,800
ending inventory 600 units
80% complete
equivalent units = 7,800 + (600 x 80%) = 8,280
total costs = $91,080
cost per equivalent unit = $91,080 / 8,280 = $11
Finished goods = 7,800 x $11 = $85,800
Ending inventory = 480 x $11 = $5,280
Answer:
Total Cost = $300
Average Total Cost = $30
correct option is a.) Total cost is $300
Explanation:
given data
produces output = 10 units
Marginal Cost = $30
Average Variable Cost = $25
Average Fixed Cost = $5
solution
first we get here total cost that is
Total Cost = Total Variable Cost + Total Fixed Cost .................................1
so here Total Variable Cost = Average Variable Cost × Output
Total Variable Cost = $25 × 10
Total Variable Cost = $250
and total fix cost is = Average Fixed Cost × Output
total fix cost = $5 × 10 =
total fix cost = $50
so Total Cost is here
Total Cost = $250 + $50
Total Cost = $300
A) is correct
and
Average Total Cost will be
Average Total Cost =
...................2
Average Total Cost =
= $30
Average Total Cost = $30
Answer:
$1.5 million
Explanation:
The computation of break even sales in dollars is shown below:
= (Fixed expenses) ÷ (profit volume ratio)
where,
Contribution margin = Sales - Variable expense
= $2,500,000 - 1,050,000
= $1,450,000
And, Profit volume ratio = (Contribution) ÷ (sales) × 100
So, the Profit volume ratio = ($1,450,000) ÷ ( $2,500,000) × 100 = 58%
And, the fixed expenses is $870,000
Now put these values to the above formula
So, the value would equal to
= ($870,000) ÷ (58%)
= $1.5 million
A company's procedures serve as instructions for people to follow when accomplishing an activity on a computer. The order of the steps to be performed to make something happen or how something is done is the definition of process. A method would be to crack eggs into a bowl, beat them, and then scramble them in a skillet. a specific way to carry out an activity.
Workplace policies have a direct relationship with workplace procedures. A process is a set of instructions outlining how to carry out a policy. Employees are given a thorough awareness of the company's norms and ideals through the use of both policies and procedures.
To learn more about procedures, click here.
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Answer:
The release price for each parcel is $13,215.
Explanation:
Release price for each parcel = [3500000/(5000000*80%)]*15000
= $13,215
Therefore, The release price for each parcel is $13,215.