Answer:
The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units is closest to $11.40
Explanation:
It is important to note that the question requires The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units
From Production of 10500 units to 10501 units, there is an increment of 1 unit.
<u>Lets find the incremental cost of 1 unit.</u>
1.To do this we only consider variable manufacturing costs only.
2.Since increase is within the relevant range, the fixed manufacturing overheads do not change.
3.Also Ignore all non- manufacturing overhead as they do not form part of manufacturing costs.
Extra 1 Unit
Direct materials $6.70
Direct labor $3.50
Variable manufacturing overhead $1.20
Total Cost $11.40
Answer:
The correct answer is 3.859 %
Explanation:
Year 2015 = 207.3
Year 2016 = 215.3
Year 2016 (215.3) - Year 2015 (207.3) = 8
Rule of three
207.3 ------- 100%
8 ---------- ?
(8 x 100) ÷ 207.3 = 3.859%
Answer: General partnership.
Explanation:
Gaston has formed a general partnership with the two other business owners.
A general partnership is a business set up where two or more individuals own a business, take part in it's decision taking process and share profits equally.
