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stich3 [128]
3 years ago
11

eggy's Pillows produces and sells a decorative pillow for $75.00 per unit. In the first month of operation, 2,000 units were pro

duced and 1,750 units were sold. Actual fixed costs are the same as the amount budgeted for the month. Other information for the month includes: Variable manufacturing costs $20.00 per unit Variable marketing costs $ 3.00 per unit Fixed manufacturing costs $ 7.00 per unit Administrative expenses, all fixed $15.00 per unit Ending inventories: Direct materials -0- WIP -0- Finished goods 250 units What is cost of goods sold per unit using variable costing?
Business
1 answer:
vivado [14]3 years ago
4 0

Answer:

Total cost of goods sold per unit is $35,000

Explanation:

Given Data:

cost for decorative pillow =$75.00 per unit

Total sold unit = 1750

Per unit manufacturing cost

we know that  Variable Costing includes only manufacturing cost

Therefore, the total cost of goods as per variable costing can be computed as follow  

$20 \times  1750 = $35,000

The total cost of goods sold per unit is $35,000

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A private investment club has $300,000 earmarked for investment in stocks. To arrive at an acceptable overall level of risk, the
Alexeev081 [22]

Answer:

Investment in low risk=$150,000

Investment in medium risk =$30,000

Investment in high risk=$120,000

Explanation:

✓We can denote the investment in high risk as $x

✓ We can denote the investment medium risk as $y

✓We can denote the investment in low risk as($x + $y)

The summation of the investment = x + y +( x + y )= $300,000

If we add the like-terms together we have,

2x + 2y = $300,000

If we divide the both sides by 2, we have

x+y = 150,000

If we make "x" as subject of the formula, we have

x =150,000 -y •••••••••••eqn(**)

Total return on investments is

0.15x +0.10y +0 .06(x+y) = $30,000••••••••••••••••••••••••••••eqn(#)

Substitute for x from eqn(**) into equation (#)

0.15(150,000 -y) + 0.10y + 0.06(150,000-y +y) = 30,000

22500-0.15y+0.10y+9000= 30,000

0.05y=1500

y=1500/0.05

y=30,000

Recall, x =150,000 -y

Then

x = 150,000 - 30,000 = 120,000

y=30,000

x=120,000

Investment in low risk = x + y

= 30,000+120,000= 150,000

Hence, the investment in high risk

is $120,000, the investment medium risk is $30,000 and the investment in low risk is $ 150,000.

3 0
3 years ago
I need help. My bunny died a few months ago. We had him for abt 11 and a half years. When i was sad or mad or just wanted to get
kolbaska11 [484]
I would try accepting the cat slowly just by like talking to her every now and then, or getting a stuffed animal that looks like the bunny to try talking to
3 0
3 years ago
Read 2 more answers
Advertising department expenses of $26,700 and purchasing department expenses of $46,700 of Cozy Bookstore are allocated to oper
allochka39001 [22]

Answer:

The advertising department expense allocated to each department are as follows:

Books Dept = $11,748

Magazines Dept = $8,010

Newspapers Dept = $6,942

Totals advertising department expenses allocated = $26,700

The purchasing department expenses allocated to each department are as follows:

Books Dept = $20,081

Magazines Dept = $10,741

Newspapers Dept = $15,878

Total purchasing department expenses allocated = $46,700

Explanation:

Note: See the attached excel for the completed table used in allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments.

From the attached excel, the advertising department expense allocated to each department are as follows:

Books Dept = $11,748

Magazines Dept = $8,010

Newspapers Dept = $6,942

Totals advertising department expenses allocated = $26,700

From the attached excel, the purchasing department expenses allocated to each department are as follows:

Books Dept = $20,081

Magazines Dept = $10,741

Newspapers Dept = $15,878

Total purchasing department expenses allocated = $46,700

Download xlsx
7 0
3 years ago
Assume that, on January 1, 2021, Matsui Co. paid $1,795,200 for its investment in 74,800 shares of Yankee Inc. Further, assume t
mixas84 [53]

Answer: $1,852,320

Explanation:

First find out the proportion owned by Matsui.

= 74,800 shares / 220,000

= 34%

The investment at the end of the year is:

= Cost of investment + Shares of net income - Share of dividend

Share of income:

= Percentage ownership * Net income

= 34% * 240,000

= $81,600

Share of dividend:

= 34% * 72,000

= $24,480

Investment at end of year:

= 1,795,200 + 81,600 - 24,480

= $1,852,320

8 0
3 years ago
Shondra is thinking of making payments for her laptop by setting up automatic withdrawals with the store. What must
torisob [31]

Answer:

Shondra should be sure she will have enough in her account to be able to make the monthly payments.

Explanation:

5 0
3 years ago
Read 2 more answers
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