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DaniilM [7]
3 years ago
13

Seven Manufacturing Corporation uses both standards and budgets. The company estimates that production for the year will be 100,

000 units of Product Fast. To produce these units of Product Fast, the company expects to spend $600,000 for materials and $800,000 for labor.a. Compute the estimates for a standard cost.i. Materials ii. Labor b. Compute the estimates for a budgeted cost.i. Total Materials Costii. Total Labor Cost
Business
1 answer:
daser333 [38]3 years ago
4 0

Answer:

a.

i. $6

ii. $8

b.

i. $600,000

ii. $800,000

Explanation:

a. Standard Cost is the cost which is stated or described as the amount which is per unit.

i. For materials

Standard Cost = Expected amount to be spend on materials / Units

= $600,000 / 100,000

= $6

ii. For labor

Standard Cost = Expected amount to be spend on labor / Units

= $800,000 / 100,000

= $8

b. Budgeted cost are those costs which are stated as the total or aggregate amount.

i. For total material cost

Budgeted cost for the year = Expected or total cost spend on materials

= $600,000

ii. For total labor cost

Budgeted cost for the year = Expected or total cost spend on labor

= $800,000

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Furkat [3]

Answer:

Tax shield on depreciation = 600

Explanation:

given data

new piece of equipment = $11,000

salvage value = $1,000

marginal tax rate = 30%

average tax rate = 20%

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net effect of annual depreciation on the free cash flow

solution

we know here cost of asset and  Salvage value so we get depreciation cost  

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5 0
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White raven [17]
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4 0
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Kelsey owns a cottage in which her aunt Matilda lives. Kelsey wants to insure that Matilda can live in the cottage for the remai
Inessa [10]

Answer:

Kelsey owns a cottage in which her aunt Matilda lives.  

Kelsey wants to insure that Matilda can live in the cottage for the remainder of her life, but when Matilda dies, title to the property will return to Kelsey.

Kelsey can accomplish this objective by granting Matilda a Drag and Drop the appropriate terms into the spaces provided

A life tenant has the OBLIGATION to keep the property in good repair and to pay property taxes.

The two types of CURRENT ownership are tenancy in common and joint tenancy.  

Concurrent ownership MENTIONATED can also be held in a tenancy by the entirety or as community property.

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Explanation:

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Gnesinka [82]

Answer:

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This line is called the average long-term cost curve (CPLP) and shows the minimum unit cost for any production when all inputs are variable and it is possible to build all plant sizes. The dashed lines of the CPCP curves always correspond to higher costs for each production than can be obtained with plants of other sizes.

Obviously, the final choice will depend on market demand and consumer demand trends, generally favoring larger plants in future proposals. Otherwise, the medium plant will be the most attractive, due to its lower investment requirements. Usually the firm will have more than 3 sizes to choose from. When this number tends to infinity, the CPLP curve encloses the CP curves and is tangent to them.

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Scorpion4ik [409]
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7 0
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