The answer is the correct value
<span>To evaluate the accuracy of a measurement, the measured value must be compared to the correct value and you must compare the values of two or more repeated measurements
By doing this, you will have a set of standard to follow to make sure that the result of your research still placed within the scope of standards that accepted by experts in your field, which reduce the likelihood of your result to be considered as invalid.</span>
Answer:
Unit product cost is equal to $66
Explanation:
It is given that direct material cost = $14
Direct labor cost = $44
Variable manufacturing overhead = $8
We have to find the unit product cost
Unit product cost is the sum of material cost labor cost and manufactoring overhead
Therefore unit product cost = $14+$8+$44= $66
So unit product cost is equal to $66
Answer:
$10,000 increase
Explanation:
The computation of the net differential increase or decrease in cost for the entire five years for the new equipment is as follows:
<u>Particulars Keep the Replace the Effect on Cost </u>
<u> old mach. new mach. </u>
Cost of 5 years 350,000 225000 -125000.00
Investment in new machine 0 150000.00 150000.00
Salvage value of old machine 0 -15000.00 -15000.00
Increase in cost 350,000 360000.00 10000.00
