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4 years ago

Using ABC to compute product costs per unit

Business

1 answer:

Vladimir [108]4 years ago

8 0

Answer:

Instructions are below.

Explanation:

Giving the following information:

Activity Allocation Rate Mid–Fi Hi–Fi

Setup $1,700/per setup 39 setups 39 setups

Inspections $ 400/per hour 45 hours 15 hours

Machine maintenance $ 10/per machine 1,900 machine 1,200 machine

First, we need to allocate indirect costs using the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Mid-Fi:

Allocated MOH= 1,700*39 + 400*45 + 10*1,900= $103,300

Hi-Fi:

Allocated MOH= 1,700*39 + 400*15 + 10*1,200= $84,300

Now, we can calculate the unitary cost.

Mid-Fi:

Unitary indirect costs= 103,300/200= $516.5

Unitary cost= 400 + 400 + 516.5= $1,316.5

Hi-Fi:

Unitary indirect cost= 84,300/250= $337.2

Unitary cost= 1,300 + 300 + 337.2= $1,937.2

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What are five basic principles found in a free enterprise system?

vesna_86 [32]

Here are the five basic principles found in a free enterprise system:
1) Governments have no control over the buying & selling of products & services. 2) The "invisible hand" of market supply and demand occurs 3) Governments may only be involved with to provide education, the army, and public health services (and other merit goods) 4) Governments may only provide public goods (such as lampposts) which bring no profit for sales people, as you cannot stop people from using those items. 5) Usually, there's a great difference in the distribution of wealth

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3 years ago

Perpetual Inventory Using FIFO

maks197457 [2]

The cost of goods sold on October 24 is $4830

The perpetual inventory as on October 31 is 70 units of value as $2310

Explanation:

The order of events in the given scenario,

Oct. 1 - Inventory 200 units at $30
Oct. 7 - Sold 160 units
Oct. 7 - Remaining Inventory 40 units at $30
Oct. 15 - Purchase 180 units at $33
Oct. 15 - Total Inventory 40 units at $30 + 180 units at $33
Oct. 15 - Total Inventory 220 units and value is $7140 ($30 * 40 + $33 * 180)
Oct. 24 - Sold 150 units
Oct. 24 - Taken 40 units from the purchase of $30 and 110 units from the purchase of $33 by using FIFO logic
Oct. 24 - Total cost of goods sold is $4830

So, cost of goods sold on October 24 is $4830

Oct. 24 - Total Inventory 70 units and value is ($7140 - $4830) = $2310

The perpetual inventory value as on October 31 is $2310

7 0

4 years ago

You are cautiously bullish on the common stock of the Wildwood Corporation over the next several months. The current price of th

lys-0071 [83]

Answer:

650

Explanation:

A call option is an option to buy a product or asset at a stated price at a later date. The risk of call option is capped at premium for buying the option. Wildwood corporation will incur cost of 650 to establish the bull money spreads with calls.

8.5 +4.5 = 13

13 * $50.00 = $650

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3 years ago

Amelia loves to splurge on clothes. However, when she was out shopping the other day, Amelia bought much less than she usually d

zepelin [54]

Answer:

The correct answer is letter "B": Consumer's buying power.

Explanation:

The consumer's buying power is the total amount of money the customer has to acquire goods or services whether out of cash, checking accounts or credit cards that the person possesses. It is the value of money in terms of the capacity it could buy at a specific time.

In the example, Amelia's buying power was reduced since she forgot her credit card at home being that the reason why she purchased lesser clothing than usual.

4 0

3 years ago

Question 2-4, please?

user100 [1]

Answer:

-2

Explanation:

because if the bigger number is in the back and smaller number in the front then we shouldinus the back number to the front by using the minus or subtraction sign.so, the answer is -20

3 0

3 years ago