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finlep [7]
3 years ago
12

Seahorse Incorporated, which only has one product, has provided the following data concerning its most recent month of operation

s. Description Amount Selling Price $120 Units in beginning inventory 0 Units produced 1,900 Units sold 1,300 Units in ending inventory 600 Variable Costs Per unit Direct materials $42 Direct labor $31 Variable manufacturing overhead $11 Variable selling and administrative expense $9 Fixed Costs Per month Fixed manufacturing overhead $43,700 Fixed selling and administrative expense $35,000 Question Select Your Answer Question 1: What is the unit product cost for the month under absorption costing
Business
1 answer:
ra1l [238]3 years ago
7 0

Answer:

Unit product cost = $107

Explanation:

<em>Absorption costing is a method of costing where production units and inventories are value at the full cost per unit. Here, fixed overheads are charged to all units produced using an overhead absorption rate</em>

The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads

Fixed production overhead cost per unit

=Fixed manufacturing overhead/units produced

=  $43,700/ 1,900 Units

=$23 per unit

Full cost per unit

= $42  + $31 + $11 + 23

= $107

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Use the following data to calculate the current ratio. Wildhorse Co. Balance Sheet December 31, 2022 Cash $187000 Accounts payab
34kurt

Answer: 2.46: 1

Explanation:

The Current ratio is used to determine if the current assets of a business can be used to pay off its current liabilities.

Current Ratio = Current assets / Current Liabilities

Current Assets = Cash + Accounts receivable + Inventory + Prepaid insurance

= 187,000 + 150,000 + 152,000 + 88,400

= $‭577,400‬

Current Liabilities = Accounts payable + Salaries and wages payable

= 208,000 + 26,500

= $‭234,500‬

Current ratio

= 577,400/234,500

= 2.46

4 0
3 years ago
what type of marketing strategy best exemplifies a straightforward mapping of a product to a customer’s willingness to pay?
Zarrin [17]

Vertical differentiation strategy is the marketing strategy that best exemplifies the straightforward mapping of the product.

Marketing strategy refers to plans executed by a firms' marketing department which ensure that various plan for reaching prospective consumers and turning them into customers of the products are achieved.

Basically, the differentiation strategy in marketing entails development of product which is unique, different and distinct from its competitors product.

But in this question context, the type of marketing is Vertical differentiation strategy.

The Vertical differentiation strategy involves a firm finding a quality and price mix which will differentiate the brand from its competitors,

Therefore, the type of strategy that best exemplifies a straightforward mapping of a product to a customer’s willingness to pay is the Vertical differentiation strategy.

Learn more about Vertical differentiation strategy here

<em>brainly.com/question/14482663</em>

6 0
3 years ago
_____ has the ability to introduce methods in which government can use to assist in ensuring equity.
dezoksy [38]
Answer: Social Welfare

Hope this helped!
3 0
3 years ago
When the demand curve shifts to the​ right, A. the equilibrium price will decrease and the equilibrium quantity will increase. B
Nookie1986 [14]

Answer:

The correct answer is option C.

Explanation:

A rightward shift in the demand curve means that at the same price levels, the consumers are demanding more of the commodity. A rightward shift in the demand curve causes it to intersect with the supply curve at a higher point.

The equilibrium point shifts upward. This causes both equilibrium quantity and price level to increase.

A leftward shift, on the other hand, causes the equilibrium price and quantity to decrease.

8 0
3 years ago
"Priya is sitting at her desk. On her computer screen are several documents for a project that she is supposed to have finished
ELEN [110]

Answer:

d

Explanation:

Daydreaming is when a person is conscious (awake) and begins imaginative thinking or wishful thinking. Daydreaming usually occurs when a person is bored or performing a task.

While Priya was at work she was thinking about a party. Thus she was daydreaming

Satisficing is when a person does the minimum necessary to attain a goal

Moonlighting is when a person has a second job which is usually done at night which is in addition to ones regular job

8 0
3 years ago
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