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
Rainbow [258]
3 years ago
8

11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of produ

ction
Business
1 answer:
Delvig [45]3 years ago
6 0

This question is incomplete, the complete question is;

Martinez company's relevant range production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows:-

                                                                 Average cost per unit

Direct materials                                                 $7.00

Direct labor                                                        $4.50

Variable manufacturing overhead                   $1.40

Fixed manufacturing overhead                        $4.00

Fixed selling expense                                       $4.00

Fixed administrative expense                          $2.10

Sales commissions                                            $1.10

Variable administrative expense                      $0.55

If 8,000 units are produced,

a) what is the total amount of manufacturing overhead cost incurred to support this level of production

b) What is this total amount expressed on a per unit basis

Answer:

a) the total amount of manufacturing overhead cost incurred to support this level of production is $51,200

b) What is this total amount expressed on a per unit basis is $6.40

Explanation:

a)

Given that;

number of units produced is 8,000 units

Variable manufacturing overhead is $1.40

Variable manufacturing overhead cost will be units produced / Variable manufacturing overhead

so Variable manufacturing overhead cost = 8000 units × $1.40 =  $11,200

Now  Fixed manufacturing overhead cost = 10000 units × $4 = $ 40,000

Total manufacturing overhead cost is the addition of Variable manufacturing overhead cost and Fixed manufacturing overhead cost

$11,200 + $40,000 = $51,200

b)

Number of units produced = 8,000

therefore Manufacturing overhead per unit = Total manufacturing overhead cost / Number of units produced

51,200 / 8,000 = $6.40

You might be interested in
When should you include your GPA on your résumé?
Pie
At the end of the resume
4 0
3 years ago
Read 2 more answers
Green Day Corporation has outstanding 411,800 shares of $10 par value common stock. The corporation declares a 10% stock dividen
kramer

Explanation:

The journal entries are shown below:

a. Retained earning A/c Dr $3,047,320

                   To Paid-in capital in excess of par A/c $2635,520

                    To Common stock dividend distributable A/c  $411,800

(Being the date of declaration  is recorded)

It is computed below:

For retained earning

= 411,800 shares × $74 × 10%

= $3,047,320

For common stock, it is

= 411,800 shares × $10 × 10%

= $411,800

b. Common stock dividend distributable A/c Dr $411,800

                   To Common stock A/c $411,800

(Being the date of distribution is recorded)

7 0
3 years ago
How many American embassies and consulates are there around the world?
Alexeev081 [22]

Answer:

The U.S. currently has 294 physical embassies, consulates, and diplomatic missions across the world, with 27 in the Middle East and North Africa (MENA) region, which is more than any other nation.

Explanation:

Rounded it would be 300.

4 0
3 years ago
Read 2 more answers
An OSHA compliance inspector arrives at a meat processing unit and presents his credentials to the unit manager. The manager, ho
NISA [10]

Answer:

The compliance officers is to provide an inspection warrant before entering the work site.

Explanation:

OSHA is an abbreviation for Occupational Safety and Health Administration. This are compliance safety and health officers inspectors committed to strong, fair, and effective enforcement of safety and health requirements in the workplace at every time. They are trained, experienced and backed by law to ensure industrial hygienists, safety, compliance with OSHA requirements and help employers and workers reduce on-the-job hazards and prevent injuries, illnesses, and deaths in the workplace.  

OSHA conducts inspections without advance notice and employers have the right to ask the compliance officers to provide an inspection warrant before entering the worksite.

5 0
3 years ago
An asset has an average historical rate of return of 10.1 percent and a variance of 0.0116751. What is the upper percentage rang
pochemuha

Answer:

20.91%

Explanation:

Provided information

Average historical rate of return = 10.1 %

Variance = 0.0116751

By considering the above information, the standard deviation would be

= Square root of Variance

= 10.81%

So the upper percentage range of return would be

= Standard deviation + standard deviation

= 10.81% + 10.1%

= 20.91%

Since we have to find out the upper percentage so we added it otherwise we have to deduct it

8 0
3 years ago
Other questions:
  • The company would like to initiate an intensive advertising campaign in one of the two market segments during the next month. Th
    10·1 answer
  • A study published in the Journal of the American Medical Association showed that postal workers who tested positive for drug use
    6·1 answer
  • 1.Which might NOT be an option for increasing your present income?
    6·1 answer
  • One car rental agency rents a mid dash size car at a daily rate of ​$36.95 plus 36 cents per mile. Another company rents a mid d
    12·1 answer
  • The 2016 income statements of Leggett & Platt, Inc. report net sales of $3,749.9 million. The balance sheet reports accounts
    14·1 answer
  • Information related to Kerber Co. is presented below.1. On April 5, purchased merchandise from Wilkes Company for $23,000, terms
    13·1 answer
  • Paper Clip Company sells office supplies. The following information summarizes the​ company's operating activities for the​ year
    6·1 answer
  • At December 31, 2018, Novak Corp. Company had a credit balance of $ 18,000 in Allowance for Doubtful Accounts. During 2019, Nova
    15·1 answer
  • UPS, a delivery services company, has a beta of 1.1, and Wal-Mart has a beta of 0.7. The risk-free rate of interest is 4% and th
    14·1 answer
  • ohn, 68, is currently enrolled in a Medicare Supplement Plan with a stand-alone Prescription Drug Plan. Newly diagnosed with a c
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!