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Ludmilka [50]
3 years ago
8

Rachel paid $600 per month to rent a workshop. She paid weekly salaries to her three employees, amounting to a total of $3600 fo

r a month. She also purchased insurance coverage for her workshop (and her business) at a monthly premium of $300. She then spent $1,200 on purchasing raw materials each month. What was the average total cost of her establishment if she sold 300 units every month? Rachel’s average total cost is _? per month.
Business
2 answers:
mafiozo [28]3 years ago
5 0

Answer:

<u>The correct answer is that Rachel's workshop total cost is US$ 5,700 per month and US$ 19 of average cost per unit sold every month.</u>

Explanation:

<u>1. Rachel's workshop monthly costs</u>

Rent US$ 600

Salaries US$ 3,600

Insurance premium US$ 300

Raw materials US$ 1,200

<u>Total monthly costs US$ 5,700</u>

<u>2.  Rachel's workshop average monthly costs</u>

Number of units sold per month = 300

Average monthly costs = Total monthly costs/Number of units sold

Average monthly costs = 5,700/300

<u>Average monthly costs = US$ 19</u>

SCORPION-xisa [38]3 years ago
4 0

Answer:19

Explanation:

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3M Co. reports beginning raw materials inventory of $930 million and ending raw materials inventory of $880 million. 3M purchase
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solution

we get here first raw material inventory for turnover that is

raw material inventory turnover = \frac{raw\ material\ used}{average\ raw\ material}    ..............1

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