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Alisiya [41]
2 years ago
12

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

tions: What is the net operating income for the month under variable costing?
Business
1 answer:
Tamiku [17]2 years ago
4 0

Answer:$192.200

Explanation: sales revenue ($135 × 6,200) ................................................. $837,000 Variable cost: .......................................................................... Direct materials ($49 × 6,200) ........................................... $303,800 Direct labor ($38 × 6,200) .................................................. 235,000 Variable manufacturing overhead ($6 × 6,200) .................. 37,200 Variable selling and administrative ($11 × 6,200) ............. 68,200 644,800 Contribution margin ............................................................... $192,200

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The Pita Pit borrowed $198,000 on November 1, 2021, and signed a six-month note bearing interest at 12%. Principal and interest
pantera1 [17]

Answer:

$3,960

Explanation:

The Borrowed amount is $198,000 on November 1, 2021.

The interest expense  at December 31, 2021 is calculated as shown below:

I=PRT

R=12%=0.12

P=$198,000

T=2 Months=(2/12) year

I=198,000*0.12*(2/12)

I=$3960

The correct option will be "B. $3,960."

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2 years ago
_____ is a marketing research technique that involves introducing a new product in a specific area and then measuring its degree
padilas [110]
Test marketing, the consumers don’t even know it’s being tested
8 0
2 years ago
Kane Manufacturing has a division that produces two models of fireplace grates, x units of model A and y units of model B. To pr
Mademuasel [1]

Answer:

The company will produce the requested 150 units of A for a gain of 300 dollars

and then use his resourses to produce B yielding a gain of 90 dollars

total of 390 profit

Explanation:

The company will produce at least 150 units of product A therefore:

lbs used: 150 x 3 = 450

minutes of labor used 150 x 8 = 1,200

leaving available:

1,200 - 450 = 750 lbs

1,500 - 1,200 = 300 mins

As time is the most scarce resource we allocate base on thecontribution per minute:

product A $2 of profit for 8 minutes: 0.25 dollars per minute

product B $1.5 of profit for 5 minutes: 0.30 dollars per minute

As product B is more profitable considering labor time we use the entire amount left to produce product B

300 min / 5 minutes = 60 units of b

6 0
3 years ago
Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently
a_sh-v [17]

Answer:

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5 0
3 years ago
Read 2 more answers
Suppose the production function in an economy is Y = K0.5L0.5, where K is the amount of capital and L is the amount of labor. Th
maw [93]

Answer:

Therefore new level of output = (64x0.5)*(64.0.5) = 1,024

Explanation:

Suppose the production function in an economy is Y = K0.5L0.5,

where K is the amount of capital and

L is the amount of labor.

The economy begins with 64 units of capital and 16 units of labor.

If a sudden immigration quadruples the size of the population, while the capital stock is unchanged, what is the new level of output?

K remains 64 and L= 16 x 4 = 64

Therefore new level of output = (64x0.5)*(64.0.5) = 1,024

What is the new wage and rental price of capital?

The rental price for capital is expected to remain unchanged because there is no change in the quantity of capital But the wage level is expected to drop because of excess supply due to the immigration boom.

What share of output does labor receive now?

The function remains unchanged in proportion which is 0.5 but in absolute figures it will receive 0.5*1,024 = 512

5 0
3 years ago
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