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pav-90 [236]
3 years ago
13

Kray Inc., which produces a single product, has provided the following data for its most recent month of operations:

Business
1 answer:
Ilya [14]3 years ago
7 0

Answer:

$76

Explanation:

The computation of Unit product cost under variable costing is shown below:-

Unit product cost under variable costing = Direct material + Direct labor + Variable manufacturing overhead

= $47 + $21 + $8

= $76

So, for calculating the Unit product cost under variable costing we simply added the direct material, direct labor and variable manufacturing overhead.

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What determines the value of an item?
balandron [24]

Answer:

the resources consumed in production

Explanation: answer for ed2020

5 0
3 years ago
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The crossover point is that production quantity where: _________
Vanyuwa [196]

The crossover point is that production quantity where total costs for one process equal total costs for another process. Hence, option D is correct.

<h3>What is crossover point?</h3>

Financial independence is secured when investment income exceeds regular income. In financial jargon, this is known as the "cross over point."

When the production expenses for one product are the same as those for another product, there is an added benefit to selling any product because the cost is the same and the income will be higher from each unit, independent of the number of units sold.

Thus, option D is correct.

For more details about crossover point, click here:

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All options are missing firm the question-

a. variable costs of one process equal the variable costs of another process.

b. fixed costs of a process are equal to its variable costs.

c. total costs equal total revenues for a process.

d. total costs for one process equal total costs for another process.

e. the process no longer loses money.

4 0
2 years ago
XYZ Corporation reported a $35,000 increase in inventory and a $7,000 decrease in accounts payable during the year. XYZ's cost o
Angelina_Jolie [31]

Answer:

42,000

Explanation:

net inventory change + net a/p change

7 0
3 years ago
To compete with other organizations in the industry and to boost employee morale, Mangosanta, a fashion designing company, insta
Blizzard [7]

Answer:

This scenario best illustrates organizational innovation

Explanation:

5 0
3 years ago
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Ramona Company has the following labor-related data.Standard labor hours for output: 15,000 hoursStandard labor rate: $10 per ho
Alik [6]

Answer:

E. $25,000 unfavorable

Explanation:

The labor efficiency variance shall be calculated using the following formulas:

Labor efficiency variance=((Standard labor hours used to make the actual production )- (Actual labor hours used to make the actual production))* standard rate per hour

Standard labor hours used to make the actual production=15,000

Actual labor hours used to make the actual production=17,500

standard rate per hour=$10 per hour

Labour efficiency variance=(15,000-17,500)*10

                                           =25,000 unfavourable

So based on the above discussion, the answer shall be E. $25,000 unfavorable

8 0
3 years ago
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