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Assoli18 [71]
3 years ago
11

Ramos Company has the following unit costs: Variable manufacturing overhead$15 Direct materials 13 Direct labor 17 Fixed manufac

turing overhead 12 Fixed marketing and administrative 11 What cost per unit would be used for product costs under full absorption costing?
Business
1 answer:
zhannawk [14.2K]3 years ago
3 0

Answer:

Unitary cost= $56

Explanation:

Giving the following information:

Variable manufacturing overhead $15

Direct materials $13

Direct labor $17

Fixed manufacturing overhead $12

Fixed marketing and administrative $11

Under absorption costing, the fixed overhead is allocated to the product cost:

Unitary cost= direct material + direct labor + variable overhead + fixed overhead

Unitary cost= 13 + 17 + 15 + 11= $56

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As a preferred stockholder, you are entitled to numerous preferences and privileges over common stockholders. If you are a prefe
Kobotan [32]

Answer:

asset distribution preference

Explanation:

In such a situation the preference or privilege that would be best for you is known as asset distribution preference or liquidation preference. This is a clause that dictates that the payout in case of a corporate liquidation (such as when they are about to go bankrupt) must first go to the preferred stockholders in order for them to get their money back first. Therefore, since you are a preferred stockholder this would be the biggest privilege for you, allowing you to recover your money quickly and move on to something else.

6 0
4 years ago
Khalid, who is single, reports the following items for 2020: Salary $40,000 Interest income on U.S. Treasury bonds 8,000 Loss on
spin [16.1K]

Answer:

Particulars                  Amount

Salary                          $40,000

Interest expenses      <u>$8,000</u>

AGI                              $48,000

Less:

Itemized deduction    ($60,000)

<em>Personal exemption   (</em><em><u>$3,950)</u></em>

Taxable Income          <u>($15,950)</u>

Taxable Income          ($15,950)

Personal exemption   (<u>$3,950)</u>

Net Operating Loss    <u>$12,000</u>

Note: Interest on New York state bonds of $12,000 is an exemption

3 0
3 years ago
You know that firm XYZ is very poorly run. On a scale of 1 (worst) to 10 (best), you would give it a score of 3. The market cons
e-lub [12.9K]

<u>Full question:</u>

You know that firm XYZ is very poorly run. On a scale of 1 (worst) to 10 (best), you would give it a score of 3. The market consensus evaluation is that the management score is only 2. Should you buy or sell the stock?

A. Buy

B. Sell

<u>Answer:</u>

Buy  the stock

<u>Explanation:</u>

At any position in time, the stock price displays all candidly accessible erudition about the company. This implies that an investor can obtain abnormal returns only if that investor holds private erudition about the firm's forecasts.

The firm's administration is not as critical as everyone else considers it to be, hence, the firm is underestimated by the market. You are scarcely hopeless about the firm's probabilities than the assumptions constructed into the stock price. As the administration of the firm is not as weak as anticipated to be. So the investor will determine to buy the stocks of the firm.

3 0
3 years ago
Suppose the selling price of one-month forward British pounds is $1.5137 per pound, and the spot price is $1.5139 per pound. The
Sveta_85 [38]

Answer:

Therefore, the UK pound is at a discount against the U.S. dollar, because it is worth less in the One-month forward market than in the spot market.

Explanation:

Given:

Selling price = $1.5137

Spot price = $1.5139

We'll calculate how much pound is worth in the forward market.

We'll use the formula:

(selling - spot price )/spot price * 12/months of contract

= \frac{1.5317 - 1.5319}{1.5319} * \frac{12}{1}

= \frac{-0.0002}{1.5319} * 12

= -0.0015853

Therefore, the UK pound is at a discount against the U.S. dollar, because it is worth less in the One-month forward market than in the spot market.

7 0
3 years ago
Floods, product failure, change in demand, and ineffective sales are all examples of _____. costs rewards risks revenue
ValentinkaMS [17]
Floods, product failure, change in demand and cost ineffective sales are all examples of a risk. These examples are a possibility for a company loss that will impact the company profit. Therefore, risk analysis is needed that will outline what you are prepared and how you are going to respond to risk.
3 0
4 years ago
Read 2 more answers
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