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
nataly862011 [7]
3 years ago
11

For​ 2018, Winters Manufacturing uses machineminushours as the only overhead costminusallocation base. The direct cost rate is $

2 per unit. The selling price of the product is $ 27. The estimated manufacturing overhead costs are $ 220 comma 000 and estimated 20 comma 000 machine hours. The actual manufacturing overhead costs are $ 225 comma 000 and actual machine hours are 25 comma 000. What is the profit margin earned if each unit requires two machineminus​hours?
Business
1 answer:
valina [46]3 years ago
5 0

Answer:

Profit margin  =  $3 per unit

Explanation:

<em>The profit margin earned is the difference between selling price and the manufacturing cost</em>

Manufacturing cost per unit = variable cost + fixed overhead cost per unit

overhead absorption rate = estimated overhead/estimated machine hours

                                             =$220,000/20,000 machine hours

                                           = $11 per hour

Manufacturing cost per unit = 2 + (11 × 2) = $24 per  unit

Profit margin  = 27 - 24

                        = $3 per unit

You might be interested in
A campus deli serves 200 customers over its busy lunch period from 11:00 a.m. to 1:00 p.m. A quick count of the number of custom
Hitman42 [59]

Answer: 2 hours

Explanation:

5 0
2 years ago
Accrual accounting: A. results in the balance sheet showing the fair value of the entity's assets. B. is designed to match reven
satela [25.4K]

Answer:

The answer is B. is designed to match revenues and expenses.

Explanation:

Accrual Accounting method records revenues and expenses when they are incurred, regardless of when cash is received or paid.

5 0
2 years ago
Which of the following is considered the output in the systems thinking example of a decision support system?
12345 [234]

Answer:

6) Forecasts:

Explanation:

Considering the available options the output in the systems thinking example of a decision support system is FORECASTS

Given that the Direct Support System's output is any form of representation that is a proud t of DSS input. It is usually in form of graphical objects, forms, or tables. This output shows the information that is derived from input analysis. It is used to support the decision-making process.

Hence, in this case, the correct answer is "Forecasts"

5 0
2 years ago
Roberts Supply, Inc. provides the following data taken from its third quarter budget: Sep $83,000 $67,000 $59,000 Jul Aug ter Ca
Bumek [7]

Answer:

The answer is 1000 dollars.

Explanation:

In this question we are asked to calculate the cash closing balance as at 30 september. The opening cash balance that is 10000 dollars is given and, data related to the receipt and payments made in the quarter ended at september is also provide in the question.

We can easily calculate the cash balance as at 30 september with the help of accounting equation given below.

Closing Balance = Opening balance + Cash collections- Cash payments

                            = 10,000+ 209,000- 218,000*

                            = 1000$

* It include sum of all capital expenditures, operating expenses and purchases of direct material.

5 0
3 years ago
Patagonia goes to great lengths to minimize work-family conflict by offering interesting benefits like on-site childcare. As a r
Llana [10]

Answer:

A. Increased perception of quality by customers

Explanation:Work-family conflict is a term used to describe the imbalance created by the incompatible Demands by the responsibilities of a person at work and the person's responsibility at home.

WORK-FAMILY CONFLICT IS A MAJOR FACTOR CAUSING LOW EMPLOYEE MORALE ESPECIALLY FOR NURSING WOMEN,REDUCED WORK PERFORMANCE AND HIGH ABSENTEEISM ETC AMONG WORKERS.

When an employer puts systems in place to helps reduce the impact of this Work-family conflicts most of the performance related backslides in Organisations will be effectively managed.

6 0
3 years ago
Read 2 more answers
Other questions:
  • If you want an indication of the direction a business is​ taking, you would use A. vertical analysis. B. trend percentages. C. b
    6·1 answer
  • Angela, a salesperson at QuantaSource, informs her coworkers that one of their accounts requires a high level of selling effort
    12·1 answer
  • What is VISA? Is it a bank?
    15·1 answer
  • Describe the qualities of a manager for whom you would like to work someday.
    7·2 answers
  • Which financial document is used to look at the past &amp; see how much you made &amp; where it went?
    6·1 answer
  • Bryant leased equipment that had a retail cash selling price of $690,000 and a useful life of six years with no residual value.
    7·1 answer
  • Capital budgeting is the process of planning and controlling investments in assets that are expected to produce cash flows for o
    10·1 answer
  • Match each type of media to the purpose that best suits it.
    5·1 answer
  • Name two types of domestic sewing machine​
    6·2 answers
  • Suppose you get $500 for your birthday. you spend $400 and save the remaining $100. hence, the marginal propensity to save or mp
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!