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Korolek [52]
3 years ago
15

Meginnis Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its ave

rage costs per unit are as follows Average Cost per Unit $5.20 $3.75 2 ) 04.0437 Direct materials Direct labor Variable manufacturing overhead $1.65 Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $2.6e $e.se 0.40 $1.50 $0.50
Business
1 answer:
Ivan3 years ago
6 0

Answer:

$53, 700

Explanation:

The question is not complete:

The completion is here:

6000 Units were produced and  determine the total amount of direct manufacturing cost incurred.

Step 1: Calculate the Direct Manufacturing Cost

Direct manufacturing cost is the cost of those input raw materials that are directly related to the product as well as the units being produced.

Direct Manufacturing Cost = (The Direct Material/ Unit + The Direct Labour/ unit) x Units Produced

= ($5,20 + $3.75) x 6000 units

= $8.95 x 6000 units

= $53, 700

Therefore, the direct manufacturing cost is $53, 700

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When the world price of some good is above the domestic price (before trade), then after trade, that nation will likely be:
Rudiy27

Answer:

EXPORT

Explanation:

If the domestic price of a country for  a good is lower than world price before trade, it mean that the country is producing that good efficiently - at a cheaper cost. After trade, the country would export the good, so that the world can produce more of the goods it produces efficiently.

If the world price is below domestic price of a country before trade, after trade, the country would import

7 0
3 years ago
Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-bill rate
Mice21 [21]

Answer:

The slope of the CML = (13% - 7%)/25% = 0.24

Explanation:

Given that:

expected rate of return of 17%

standard deviation of 27%.

The T-bill rate is 7%.

You estimate that a passive portfolio invested to mimic the S&P 500 stock index yields an expected rate of return of 13% with a standard deviation of 25%.

The slope of the CML is

Slope of the CML = (Expected return of Market - Risk free return)/Standard deviation of market

The slope of the CML = (13% - 7%)/25% = 0.24

= (0.13 - 0.07) /0.25

= 0.24

8 0
3 years ago
3.Auto Detailing, Inc. had the following transactions on August 1:
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Answer:

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Explanation:

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6 0
3 years ago
Study the data below and answer the questions that follow. A, B and C represent three countries: Germany, Pakistan and China (al
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Answer:

(a) The countries are

A is China

B is Germany

C is Pakistan

(b) Based on the table's data,

The employment structure for A is 9% Agriculture, 47% Manufacturing, 44% services,  where the labor force by sector for Germany is given as 25.1% through agriculture, 27.5% through (manufacturing) industry and 47.4%   through services, based on 2019 statistics, which is not in correlation with the given table data with the same metric

However, the GDP by sector for China is given as 7.9% through agriculture, 40.5% through (manufacturing) industry and 51.6% through services, which is in correlation with the given table data although different metrics but in terms of reflective nature of the economic spending and per capita income

The employment structure for B is 1% Agriculture, 28% Manufacturing, 71% services, where the labor force by sector for Germany is given as 1.4% through agriculture, 24.2% through (manufacturing) industry and 74.3%   through services, based on 2016 statistics, which is in correlation with the given table data with the same metrics

The employment structure for C is 22% Agriculture, 24% Manufacturing, 54% services, where the labor force by sector for Pakistan is given as 37.4% through agriculture, 24.0% through (manufacturing) industry and 38.6%  through services, with an employment rate of of 48.9% based on 2018 statistics, which is in correlation with the given table data with the same metrics

Explanation:

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Answer:

B, D and E

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The sales department is a common component that is all organizations. It is comprised of sales representatives with different skills and abilities. The best persons will share similar characteristics. These are the traits that make them effective and puts them at the top. They include

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  3. Competitiveness. To achieve sales targets, a good salesperson must demonstrate and maintain assertiveness and aggregation in the marketplace.
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3 years ago
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