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Scrat [10]
3 years ago
10

Sea Side Enterprises is trying to predict the cost associated with producing its anchors. At a production level of​ 5,300 anchor

s, Sea Side Enterprises average cost per anchor is​ $54. If​ $18,000 of the costs are​ fixed, and the plant manager uses the cost equation to predict total​ costs, her forecast for​ 9,000 anchors will be​ (Round any intermediary calculations to the nearest​ cent.)
Business
1 answer:
Lena [83]3 years ago
8 0

Answer:

The total cost at 9000 anchor is $473400

Explanation:

To come up with the cost equation used by the manager, we need to find the variable cost per unit.

The total cost at production level of 5300 is = 5300 * 54 = $286200

Out of the total costs, $18000 are fixed.

Thus, variable costs at production of 5300 is = 286200 - 18000 = $268200

The variable cost per unit is = 268200 / 5300 = $50.60

Let x be the number of anchors produced.

The cost equation is = 18000 + 50.60x

At 9000 anchors, the total cost will be,

Total cost = 18000 + 50.60 * (9000)  = $473400

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Piper Corporation’s standards call for 6,000 direct labor-hours to produce 1,500 units of product. During October the company wo
Nikolay [14]

Answer:

The standard hours allowed for October would be 5,400 hours

Explanation:

For computing the standard hours allowed for the October month, first, we have to compute the standard per hour unit which is shown below:

= Standard direct labor ÷ Number of units to be produced

= 6,000 ÷ 1,500

= $4

Now, in October month, the direct labor worked for the 1,350 hours and the standard price per unit is $4, So standard hours allowed is

= October direct labor hours × standard price per unit

= 1,350 hours × $4

= $5,400 hours

8 0
4 years ago
Delores Bierlein paid a $200 deposit toward the rental of the Silver Room at Alex's Continental Inn for her wedding reception. L
sweet-ann [11.9K]

Answer:

It does not

Explanation:

In this question, we are asked to evaluate if a particular transaction carried out between a customer and an inn falls within the dictates of the local consumer protection law in the state.

Firstly, we look at what the local consumer protection law of the state talks about. It explicitly stated that customers should get receipts when suppliers receive deposits from them. Thus, this make the receipt act as the first thing to have if there would be any claim under the consumer protection law for the transaction carried out in the state.

Now, looking at the particular scenario we have, the customer paid for the room, but he was not issued a receipt. This makes the case not treatable within the consumer protection law of the state as the receipt which should have been a prerequisite for further exploration is not available

3 0
3 years ago
Read 2 more answers
​Jupiter, Inc. signed a oneminusyear ​$44,000 note payable at​ 8% interest on April​ 1, 2016. If​ Jupiter, Inc. only adjusts its
choli [55]

Answer:

Dec 31 2016  Interest expense   2640 Dr

                          Interest payable      2640 Cr

Explanation:

the adjusting entry is made at the end of the period which is 31 December 2016 here. The notes pays interest at 8% per annum. So, the total interest due for one year on note payable is,

Interest = 44000 * 0.08 = 3520

Out of this amount of interest payable, 9 month's interest related to  period from April to December. So, at 31 December, we will recognie 9 month's interest as interest expense 3520 * 9/12 = 2640. And debit interest expense account by this figure. As the interest is not paid today, we will credit interest payable.

8 0
3 years ago
Read 2 more answers
Is the manager of eskom actively involved in decisions of the businesss
solniwko [45]

The manger of the Eskom Company actively take part in decisions of the business.

Option B is correct

<h3>Who is a manager?</h3>

A manager is a individual who controls and regulates the business activities of all the employees. It could be appointed for every department in the organization.

  • Eskom is the company in the country of South Africa that provides the electricity to the nation. The government of South Africa mainly has the most of the control of that company as one of its shareowner.
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Therefore, the provided statement is true.

Learn more about the manager in the related link:

brainly.com/question/28017308

#SPJ1

<u>Question's missing part:</u>

The options are given as follows:

A) False

B) True

3 0
2 years ago
Explain the effects of a country's ppc if it is producing more than its net capital consumption
FromTheMoon [43]

Answer:

Economic growth occurs when an economy's production at the full employment level increases. An increase in the production at the full employment level is shown by an outward shift of production possibility frontier.

The shape of the PPC signifies that the resources needed to produce the two goods are interchangeable. The same resources are needed to produce the two goods, so the opportunity cost is constant as output of each good increases. This makes the PPC a straight line.

7 0
3 years ago
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