1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
geniusboy [140]
3 years ago
11

The following information relates to a product produced by Marigold Company: Direct materials $20 Direct labor 10 Variable overh

ead 20 Fixed overhead 15 Unit cost $65 Fixed selling costs are $650,000 per year, and variable selling costs are $10 per unit sold. Although production capacity is 400,000 units per year, the company expects to produce only 250,000 units next year. The product normally sells for $100 each. A customer has offered to buy 40,000 units for $80 each. The incremental cost per unit associated with the special order is:
Business
1 answer:
Tomtit [17]3 years ago
6 0

Answer:

The incremental cost per unit associated with the special order is $60.

Explanation:

Direct materials                                               20

Direct labor                                                       10

Variable overhead                                           20

Variable selling and administrative                 10  

Total                                                                  60

Therefore, The incremental cost per unit associated with the special order is $60.

You might be interested in
Look up toga and find out
mina [271]

Answer:

Is this... a ship? BakuDeku?? Why???

Explanation:

8 0
2 years ago
Read 2 more answers
A city government adds street lights within its boundaries at a total cost of $300,000. The lights should burn for at least 10 y
Semenov [28]

Answer:

a.Dr Infrastructure Assets - Street Lights $300,000

Cr Cash $300,000

Dr Depreciation Expense $30,000

Cr Accumulated Depreciation - Infrastructure Assets $30,000

Dr Maintenance Expense - Infrastructure Assets $48,000

Cr Cash $48,000

Dr Infrastructure Assets - Street Lights $78,000

Cr Cash$78,000

b.

Dr Infrastructure Assets - Street Lights $300,000

Cr Cash $300,000

Dr Maintenance Expense - Infrastructure Assets $48,000

Cash $48,000

Dr Infrastructure Assets - Street Lights $78,000

Cr Cash $78,000

Explanation:

1.Preparation of the Journal entries assuming infrastructure assets are capitalized with depreciation recorded.

Based on the information given we were told that the city government adds street lights total cost of the amount of $300,000 which means that the transaction will be recorded as:

Dr Infrastructure Assets - Street Lights $300,000

Cr Cash $300,000

(To record the original cost of the asset)

Based on the information given we were told that the city government adds street lights total cost of the amount of $300,000 in which the lights should burn for at least 10 years

which means that the transaction will be recorded as:

Dr Depreciation Expense $30,000

($300,000/10)

Cr Accumulated Depreciation - Infrastructure Assets $30,000

(To record the amount of depreciation expense)

Based on the information given we were told that city spends the amount of $48,000 in order to clean and repair the lights, this means that the Journal entry will be:

Maintenance Expense - Infrastructure Assets $48,000

Cr Cash $48,000

(To record maintenance expenses)

Based on the information given we were told that they spends another amount of $78,000 to construct lights for new streets in the city which means that the Journal entry will be :

Dr Infrastructure Assets - Street Lights $78,000

Cr Cash $78,000

(To record the additional cost of assets)

b.Preparation of t the Journal entries assuming infrastructure assets capitalized with government using the modified approach.

Based on the information given we were told that the city government adds street lights total cost of the amount of $300,000 which means that the transaction will be recorded as:

Dr Infrastructure Assets - Street Lights $300,000

Cr Cash $300,000

(To record the original cost of the assets)

Based on the information given we were told that city spends the amount of $48,000 in order to clean and repair the lights, this means that the Journal entry will be:

Dr Maintenance Expense - Infrastructure Assets $48,000

Cash $48,000

(To record t maintenance expense)

Based on the information given we were told that they spends another amount of $78,000 to construct lights for new streets in the city which means that the Journal entry will be :

Dr Infrastructure Assets - Street Lights $78,000

Cr Cash $78,000

(To record the additional cost of assets)

5 0
3 years ago
What role do businesses play in a free enterprise system?
fenix001 [56]

Answer:

C. They produce most available goods and services.

Explanation:

In A free market economy, the production of goods and services is done by the private sector. The government's participation in economic activities is limited. The private sector owns and controls the majority of the factors of production.  The private sector owns factories, manufacturing, and other businesses in the economy.

In the free market economy, profits are the primary motivating factors to engage in business. The private sector produces goods and services that will generate profits for the businesses.

3 0
3 years ago
While doing an online search for a music venue, Darcy ran across a performance of Lady Gaga that featured her hair neatly wrappe
horrorfan [7]

Answer:

The correct answer is (c)

Explanation:

Product placement is a type of promoting wherein obvious goods are underlined in a video creation that attracts a huge group of viewers. It is also called embedded marketing and is found in films, TV programs, individual recordings, radio and live exhibitions. In return for item publicity organisations may pay the production house in money, products, or administrations.

3 0
3 years ago
Brian visited a local restaurant twice and on both occasions he received a discount of 10 percent on his bill. Which factor led
BaLLatris [955]

Answer: B

I think we can straight away get rid of answer choice c. From there, we can choose from either choice a or b. For repeatedly expressed, he hasn't been there enough times to prove it is repeatedly expressed, so I believe the main reason why he has a positive attitude is favorable outcome that he will receive the same treatment again.

8 0
3 years ago
Read 2 more answers
Other questions:
  • Owen Cartwright has joined a real estate syndicate that bought an office building in downtown Orlando, Florida. What type of inv
    10·2 answers
  • Otis Thorpe Corporation has 10,000 shares of $100 par value, 8%, preferred stock and 50,000 shares of $10 par value common stock
    8·1 answer
  • The agency responsible for regulating the money supply in the united states is
    9·1 answer
  • Which of the following is a likely problem for a manager who uses sales as a measure of advertising effectiveness? a. Sales offe
    11·1 answer
  • Which 2 are components of health related fitness?
    9·2 answers
  • How has technology changed in education
    5·1 answer
  • Coronado Industries produces 1000 units of a necessary component with the following costs:
    6·1 answer
  • Selected transactions for the Ecker Company are listed below.
    11·1 answer
  • The summer internship is five weeks long, approximately 30 hours per week for 150 hours total.
    5·1 answer
  • Rinaldo is an expat working in Singapore. As part of his compensation package, a chauffeur drives him to and from work each day.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!