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Licemer1 [7]
3 years ago
7

Lowering the cost of each item produced because of high-volume production brought on by demand stimulation is

Business
1 answer:
Debora [2.8K]3 years ago
7 0

Answer:

inelasticity of demand

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Pureform, Inc., manufactures a product that passes through two departments. Data for a recent month for the first department fol
8_murik_8 [283]

Explanation:

Equivalent units    

                                             Materials         Labor           Overhead  

Work in process inventory,       23,100.00        34,650.00   34,650.00  

beginning

Units started and completed  6,73,000.00    6,73,000.00  6,73,000.00  

Work in process inventory,     28,000.00     14,000.00           14,000.00  

ending

Equivalent units                   7,24,100.00      7,21,650.00     7,21,650.00  

First department cost per unit for first department    

                        Materials   Labor       Overhead        Total  

Current costs    11,94,765.00     2,88,660.00   5,05,155.00   19,88,580.00  

Equivalent units  7,24,100.00   7,21,650.00   7,21,650.00  

Cost per Equivalent unit   1.65      0.40           0.70         2.75  

The equivalent units for materials,labor and overhead are as follows:

                 Equivalent units

Materials   724,000

Labor         721,650

Overhead  721,650

In addition,the cost per unit for equivalent units are as follows:

Materials  1.65

Labor        0.40

Overhead 0.70

Total          2.75

7 0
3 years ago
Madison Corporation reported taxable income of $400,000 in 20X3 and accrued federal income taxes of $136,000. Included in the co
kap26 [50]

Answer:

A) $424,000

Explanation:

Madison Corporation's current earnings and profits for 20x3 would be:

reported taxable income - accrued federal income taxes + regular depreciation - E&P depreciation + net capital loss carryover =

$400,000 - $136,000 + $200,000 - $60,000 + $20,000 =  $424,000

5 0
3 years ago
Handcrafts & Hobbies Store agrees to hire Iliana for one year at a salary of $600 per week. When Handcrafts & Hobbies ca
natta225 [31]

Answer:

The difference between the wages at the two jobs plus 150.00.

Explanation:

There was a contract of one year and as per Severance pay h and H has to pay this amount.

5 0
3 years ago
Phillippe invested $1,000 ten years ago and expected to have $1,800 today. He has not added or withdrawn any money from this acc
weqwewe [10]

Answer:

d) He earned a lower interest rate than he expected

Explanation:

Data provided in the question

Invested amount ten years ago = $1,000

Expected amount = $1,800

Today amount = $1,680

Based on the above information,

Since the bond is based on the floating rate not the fixed rate that results in the value of the investment to $1,800

And, the today amount is $1,680 i.e. less than the expected amount so the internet rate should be less as compared with the expected rate

hence, correct option is d.

8 0
3 years ago
Contingent liabilities should be recorded in the accounts when: it is possible the future event will occur the amount of the lia
slava [35]
Either of the above would be correct
3 0
3 years ago
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