1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
12345 [234]
3 years ago
15

Vega Enterprises has computed the following unit costs for the year just ended: Direct material used $12 Direct labor 18 Variabl

e manufacturing overhead 25 Fixed manufacturing overhead 29 Variable selling and administrative cost 10 Fixed selling and administrative cost 17 Under absorption costing, each unit of the company's inventory would be carried at:
Business
1 answer:
34kurt3 years ago
7 0

Answer:

Absorption cost= $84 unit

Explanation:

Giving the following information:

Direct material used $12

Direct labor 18

Variable manufacturing overhead 25

Fixed manufacturing overhead 29

Variable selling and administrative cost 10

Fixed selling and administrative cost 17

Absorption costing captures all product costs (direct labor, direct material, manufacturing overhead) to each unit of a product produced during the period. It includes variable and fixed cost.

Absorption cost= Direct material used + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead

Absorption cost= 12 + 18 + 25 + 29= 84

You might be interested in
Classify the following as fixed or variable costs:
sergeinik [125]

Answer:

a. Fuel Interest on company-issued bonds  FIXED

b. Shipping charges  VARIABLE

c. Payments for raw materials  VARIABLE

d. Real estate taxes  FIXED

e. Executive salaries  FIXED

f. Insurance premiums  FIXED

g. Wage payments  VARIABLE

h. Depreciation and obsolescence charges  FIXED

i. Sales taxes  VARIABLE

j. Rental payments on leased office machinery FIXED

Explanation:

Fixed costs are the cost of an organization that don´t change with the amount of production.  So ,  if the production is 0,  this cost will exist anyway. For example:  real estate taxes,  rental

6 0
3 years ago
What is the market value of a stock that paid a dividend of $3.80 last year if the dividend is increasing at 10% annually and th
Papessa [141]

Answer:

The market value of the stock is $41.8

Explanation:

Div 1 = Div 0 (1+r)

=3.80 (1+0.10)

=3.80(1.10)

=4.18

Market value of the stock= Dividend 1 / (r-g)

= 4.18 / 0.2 - 0.1

= 4.18 / 0.1

= $41.8

The market value of the stock is $41.8

7 0
3 years ago
How does the skin protect the body from illness chek all that apply
alisha [4.7K]

The skin acts as an external barrier to bacteria , preventing infection and protecting the internal organs . The skin also protects the body from ultraviolet radiation using the pigment barrier formed from melanocyte cells found in the top of the papillary dermis and a protein layer found in the epidermis.

7 0
3 years ago
What is the impact on the total asset turnover ratio if sales increase significantly while there is no change in any of the othe
Ostrovityanka [42]

Answer:

The total turnover increases

Explanation:

Asset Turnover Ratio is a measure of how efficient the assets of a company is when compared with the company's sales or revenue. To calculate Asset turnover ration, the<u> net sales is set as a percentage of the company's total assets. </u>

The higher the turnover of the asset based on the calculation then the higher the chances that organisation is generating revenue efficiently from its assets.  A lower turnover however is the implication that the company is not efficiently using its assets and it could imply some internal issues.

Therefore, the higher the sales without any change in assets means the Asset Turnover will increase or be higher and it will indicate higher efficiency

4 0
3 years ago
You have saved​ $120,000 for your child to attend college. If it is in an account earning an annual rate of​ 8%, how much can yo
harkovskaia [24]

Answer:

I will take $36,230.5 to pay for the education of child.

Explanation:

Cash Invested in the saving account will earn a return of 8% each year and this amount could be withdrawn by the me to pay for the education of child.

We will use following formula to calculate the annual payments

P = r ( PV ) /  [ 1 - ( 1+ r )^-n ]

where

PV = amount of investment = $120,000

r = rate of return = 8%

n = number of period = 4 years

P = 8% ( 120,000 ) / [ 1 - ( 1 + 0.08 )^-4 ]

P = 36,230.5

3 0
3 years ago
Other questions:
  • If a sole proprietor is found negligent of an action, then that person could face
    10·1 answer
  • Some analysts try to predict how likely a policy issue will be placed on the agenda for action. Policy issues that have ___ ___
    13·1 answer
  • Cartech Inc. is a manufacturer of automobile parts, which it sells to retail auto supply stores. Its core competencies include s
    14·2 answers
  • [Related to Application 1.3] In 2013, the International Monetary Fund suggested that nations impose a one-time 10% tax on all ac
    14·1 answer
  • Luebke Incorporated has provided the following data for the month of November. The balance in the Finished Goods inventory accou
    12·1 answer
  • Shiva returned goods worth Rs 2000 and received cash Rs 8000
    10·2 answers
  • 2. List and explain the components of the money supply
    6·1 answer
  • Transaction costs are best defined as the
    6·1 answer
  • What is business ? please tell us​
    7·2 answers
  • you are the coordinator of a nonprofit that distributes donated items to three local homeless shelters. what is the most efficie
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!