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vredina [299]
3 years ago
14

Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: S

elling price $ 119 Units in beginning inventory 0 Units produced 6,550 Units sold 6,250 Units in ending inventory 300 Variable costs per unit: Direct materials $ 17 Direct labor $ 47 Variable manufacturing overhead $ 11 Variable selling and administrative expense $ 11 Fixed costs: Fixed manufacturing overhead $ 176,850 Fixed selling and administrative expense $ 25,500 What is the unit product cost for the month under variable costing?
Business
1 answer:
Citrus2011 [14]3 years ago
7 0

Answer:

Unitary product cost= $75

Explanation:

Giving the following information:

Direct materials $ 17

Direct labor $ 47

Variable manufacturing overhead $ 11

<u>Under the variable costing method, the unitary product cost is calculated using the direct material, direct labor, and variable unitary overhead:</u>

Unitary product cost= 17 + 47 + 11= $75

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Alla [95]

Answer:

Following are the affects of the above events on the SRAS curve

Explanation:

Increase in the price level will have no effect on the short-run supply curve, price level will only affect the long-run supply curve. Likewise, short-run supply curve will shift inwards due to the expected future price expectation.  A price level that is currently higher than expected will also shift the short-run supply curve inwards. Increase in the price of an important raw material will shift the supply curve inwards because there is a shift in one of the important raw material. An increase in the labor force participation will increase and shift the short-run supply curve rightwards.

6 0
4 years ago
A Romer economy starts off with an initial stock of ideas equal to 100. The total population in the economy is 60, two of the wo
Reptile [31]

The stock of ideas in period 10 is 122.

<u>Explanation:</u>

  • A stock thought is the underlying driving force to examine a potential value venture. A stock thought is the initial phase in a procedure of screening, research, and judgment that eventually prompts a choice to put or not put resources into a given stock.  
  • The Stock of ideas in period t is equivalent to and is the efficiency parameter of the examination division (0.01), is the part of the populace that works in look into () and is the all out populace in the economy.

      Stock of ideas = initial stock idea(1 + productivity parameter  2)^10  

                               = 100(1 + 0.01 x 2)^10  

      Stock of ideas = 122.        

6 0
3 years ago
10. Which of the following is an<br> example of system software?
OLEGan [10]

Answer:

The computer's OS is a well-known example of system software. Widely used operating systems include Microsoft Windows, Mac OS and Linux.

8 0
2 years ago
Ross purchased a new commercial vehicle today for $25,000. the entire amount was financed using a five-year loan with a 4 percen
Feliz [49]

Answer:

$28,121

Explanation:

The formula for compound interest is A=P(1+r/100)t, (t) is in the exponent.

P=25,000

r=4

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Once we input the values it will be: A=25000(1+4/100)3

And so our answer is $28,121

P.S The reason we are using compound interest formula is bcz the said (<u>compounded </u>monthly)

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3 years ago
True or false the primary purpose of the cash budget is to plan accounts payable payments.
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