Advantages of investment companies to investors include all but which one of the following?

Jabari Manufacturing, a widgets manufacturing company, divides its production operations into three processeslong - Department

lora16 [44]

Answer:

Cost per unit of widget produced = $6.52

Explanation:

As for the provided information:

Total units produced = 4,600 units

Total cost of production = costs for Department 1 + Department 2 + Department 3

= $18,000 + $8,000 + $4,000 = $30,000

It does not matter how many units are sold as the cost of sales will include, selling and administrative cost also.

Therefore, all the cost will be considered.

Thus total cost of production = $30,000 for 4,600 units.

Cost per unit of widget = $\frac{30,000}{4,600} = 6.52$

5 0

3 years ago

To automate one of its production processes, the Milwaukee Corporation bought three flexible manufacturing cells at a price of

liq [111]

Answer:

$1,521,800

Explanation:

The computation of cost basis is shown below:-

Three cells cost price = 3 × $470,000

= $1,410,000

Combination of rate charges = $30,000 + $16,000 + $39,000 + $3,600

= $88,600

Wages of one foreman = wage per hour × weeks worked × hours per week

= $29 × 5 × 40

= $5,800

Wages of 4 foremen = 4 × $5,800

= $23,200

Three cells cost basis = Three cells cost price + Combination of rate charges + Wages of one foreman

= $1,410,000 + $88,600 + $23,200

= $1,521,800

4 0

3 years ago

The accounting records for Eisner Manufacturing Company included the following cost information relating to its first year of op

Lorico [155]

Answer:

Option (d) : $24.8 and $15.7

Explanation:

As per the data given in the question,

Number of units produced = 10,000

Number of units sold = 6,000

Cost per unit = Amount/ 10,000

Absorption Variable

Direct material $5.2 $5.2

Direct Labor $8 $8

Variable manufacturing overhead $2.5 $2.5

Fixed manufacturing overhead $9.1 $9.1

Unit product cost $24.8 $15.7

4 0

3 years ago

2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to calculate the estimate

Kazeer [188]

Answer: Hello your question has some missing details hence I will provide an answer based on the general scope of your question

answer ; =([Cost] * 1.07)

Explanation:

Assuming the table heading for estimated cost in July 2014 is named "Cost"

Total estimated cost

Total = Cost * ( 1 + Sales Tax )

= Cost * ( 1 + 0.07 )

= Cost * 1.07

Excel equivalent formula used that can be used = ([Cost] * 1.07)

5 0

3 years ago

Which of the following types of economies is most likely to develop new and better products?

Zinaida [17]

Market because it promotes competition which in return lowers prices and increases quality

6 0

3 years ago