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3 years ago

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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Bob and Lisa are both married, working adults. They both plan for retirement and consider the $2,000 annual contribution a must.

ikadub [295]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

Download xlsx

6 0

3 years ago

The ledger of Oriole Company on July 31, 2017, includes the selected accounts below before adjusting entries have been.

Katarina [22]

Answer:

July 31 Dr. Cr.

1. Interest Receivable $220

Interest Income $220

2. Cost of Goods Sold $4,100

Supplies $4,100

3. Rent Expense $1,050

Prepaid Rent $1,050

4. Salaries and Wages Expense $3,500

Salaries and Wages Payable $3.500

5. Depreciation $470

Accumulated Depreciation $470

6. Unearned Service Revenue $4,850

Serivce Revenue $4,850

7. Maintainance & repair Exp. $2,150

Maintainance & repair Payable $2,150

Explanation:

Interest Income from Note receivable = $22,000 x 12% x 1/12 = 220

Reduction in supllies will be adjusted in Cost of Goods Sold by $4,100 ( $22,500 - $18,400 ).

Monthly rent accrues = 4,200 / 4 = $1,050

Unpaid salaried are recorded as the Salaries and Wages Payable of $3,500

Depreciation per month = $5,640 / 12 = $470

Service revenue will b recognized and balance is transferred from unearned revenue to service revenue.

Maintenance and repair costs is recorded as as the maintenance and repair payable by $2,150.

4 0

3 years ago

In a production application involving a fixed setup cost and a variable cost, the use of __________ makes including the setup co

IRISSAK [1]

Answer:

The correct answer is binary variables.

Explanation:

A binary variable is one that can only have two possible values. They generally fulfill two essential characteristics:

1. They are made up of two exhausting values, which indicates that there is no other possibility of response. For example, a person is female or male.

2. Both values of the variable are exclusive, that is, it is not possible that both responses can be given, only one. In the same example above, a customer cannot be a woman and a man at the same time.

8 0

3 years ago

Solving for dominant strategies and the Nash equilibrium Suppose Nick and Rosa are playing a game in which both must simultaneou

slava [35]

Answer:

The only dominant strategy in this game is for NICK to choose RIGHT. The outcome reflecting the unique Nash equilibrium in this game is as follows: Nick chooses RIGHT and Rosa chooses RIGHT.

Explanation:

ROSA

left right

4 / 6 /

left 3 4

NICK

right 6 / 7 /

7 6

Rosa does not have a dominant strategy since both expected payoffs are equal:

if she chooses left, her expected payoff = 3 + 7 = 10
if she chooses right, her expected payoff = 4 + 6 = 10

Nick has a dominant strategy, if he chooses right, his expected payoff will be higher:

if he chooses left, his expected payoff = 4 +6 = 10
if he chooses right, his expected payoff = 6 + 7 = 13

The only possible Nash equilibrium exists if both Rosa and Nick choose right, so that their strategies are the same, resulting in Rosa earning 6 and Nick 7.

8 0

3 years ago

Research suggests that wholly owned subsidiaries and expatriate staff are inappropriate for service industries because those ind

Furkat [3]

Answer:

The answer is True

Explanation:

Service industries would prefer not to hire an expatriate because they require close contact with customers, high levels of professional skills, specialized know-how, and customization.

They avoid expatriates because the new responsibilities, different culture and daily stress may lead to problems coping with their new position and location.

Besides, Expats are Expensive & Problematic, they are expensive to maintain and may even attract some legal risks.

7 0

3 years ago

Read 2 more answers