Answer:
Gross profit= $7,585
Explanation:
Giving the following information:
Units produced= 4,500 units
Units sold= 2,050 units.
Unitary variable cost= $3.5 per unit
Fixed manufacturing overhead= $5,850
The sales price of the products was $8.5 per unit.
Under the absorption costing method, the fixed manufacturing overhead is part of the product cost. Therefore, the units remaining in inventory have fixed costs incorporated.
Unitary cost= 3.5 + 5,850/4,500= $4.8
Sales= 2,050*8.5= 17,425
Cost of goods sold= 2,050*4.8= (9,840)
Gross profit= $7,585
Answer:
The optimum production quantity is 72 wheel bearings per batch.
Explanation:
Wheel Rite can produce 480 wheel bearings per day.
Setup cost are $39 per batch.
Holding costs are $0.70 per unit per year.
The optimum batch size can be calculated as the one that minimizes the cost. This can be calculated with the Economic Order Quantity formula:
In this case, the units are:
D: daily demand (52 u.)
S: Setup cost per order ($39)
H: holding cost per unit per year ($0.70)
Then, we have:
The optimum production quantity is 72 per batch.
In the efficiency wage model with the efficiency wage above the market-clearing wage, the level of employment depends on: labor demand alone.
<h3>What is wages model?</h3>
Wages model is a model that stated that wages which a worker or an employee earn is based on the workforce or the amount of money available to pay the workers.
In a situation were will have wage that is above the market-clearing wage this tend to mean that the level of employment will depends on labor demand only.
Therefore the level of employment depends on: labor demand alone.
Learn more about wages model here:brainly.com/question/1622389
#SPJ12
Answer:
A facility that will make you wanna do things that you wouldn't. This place will drive you insane, please shoot me
Answer: 6.51%
Explanation:
To get the interest rate at which the deal will be fair
Annual payment per year/ cost × 100
Perpetuity = D/r
476000 = 31000/r
r = 31000÷ 476000
r = 0.06512
r = 0.06512 × 100
r = 6.512%
Where D is the dividend
r is the rate
