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Juli2301 [7.4K]
3 years ago
11

On March 31, the end of the first year of operations, Barnard Inc., manufactured 4,300 units and sold 3,700 units. The following

income statement was prepared, based on the variable costing concept: Barnard Inc. Variable Costing Income Statement For the Year Ended March 31, 20Y1 Sales $888,000 Variable cost of goods sold: Variable cost of goods manufactured $494,500 Inventory, March 31 (69,000) Total variable cost of goods sold (425,500) Manufacturing margin $462,500 Total variable selling and administrative expenses (107,300) Contribution margin $355,200 Fixed costs: Fixed manufacturing costs $227,900 Fixed selling and administrative expenses 70,300 Total fixed costs (298,200) Operating income $57,000 Determine the unit cost of goods manufactured, based on (a) the variable costing concept and (b) the absorption costing concept. Variable costing $ Absorption costing $
Business
1 answer:
wolverine [178]3 years ago
6 0

Answer:

Cost of Goods Manufactured  = $115 per unit

Fixed Manufacturing Overhead = $53 per unit

Absorption product cost per unit = $168

Explanation:

given data

manufactured =  4,300 units

Variable Costing = $494,500

Fixed manufacturing costs  = $227,900

solution

so here we get Cost of Goods Manufactured per unit that is

Cost of Goods Manufactured = $494,500 ÷ 4,300

Cost of Goods Manufactured  = $115 per unit

and

now we get Fixed Manufacturing Overhead Per Unit will be

Fixed Manufacturing Overhead = $227,900 ÷ 4,300  

Fixed Manufacturing Overhead = $53 per unit

and

now we get Variable Product cost Per Unit that is

Variable Product cost   = Cost of Goods Manufactured per Unit = $115

so

Absorption product cost per unit = $115  + $53

Absorption product cost per unit = $168

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Answer:

Strategic Human Resources Management

Explanation:

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Strategic human resource management is practiced in such a way that the goals of human resource department and the rest of the organization are in the same direction of ensuring organisational success. This is done by ensuring the best employees required by each department in the organisation are recruited as at when needed, provided adequate training and duly motivated. Therefore, strategic human resource management renders support to the organizational success.

Advantages of Strategic human resource management include high customer satisfaction rates, rise in job satisfaction, increased productivity, allows resources to be managed efficiently, and among others.

All the best.

7 0
3 years ago
What kinds of business transactions are NOT summarized in a sole proprietor's books? A. Credits. B. Expenses or deductions. C. G
yan [13]

Answer:

D. Sole proprietor's wages.

Explanation:

The owner of the business is the sole proprietor on the other hand sole proprietor is not an employee. Therefore he receives no salaries as he is the person who is an owner of any company or an organization. Any sum he takes from the company is considered to be withdrawn amount.

Hence, Sole Proprietor's wages are not listed in the ledger of the sole proprietor. So, the correct answer is D.

4 0
3 years ago
ILL MARK YOU AS BRAINLIEST
kipiarov [429]

Answer: b

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4 0
3 years ago
Read 2 more answers
slader Each month Leo must make copies of a budget report. When he uses both the large and the small copier, the job takes 30 mi
storchak [24]

Based on the time it takes Leo when he uses two machines, the length of time it will take if the large copier is broken is <u>75 minutes. </u>

<h3>How long will it take if the large copier is broken?</h3><h3 />

This can be found by the formula:

= 1 / ( (1 / time taken with both copiers) - (1 / time taken with large copier) )

Solving gives:

= 1 / ( ( 1 / 30) - (1 / 50))

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7 0
2 years ago
A firm with no debt has 200,000 shares outstanding valued at $20 each. Its cost of equity is 12%. The firm is considering adding
Kipish [7]

Answer:

Option (C) is correct.

Explanation:

Given that,

No. of shares = 200,000

Market value per share = $20 each

Tax rate = 34%

Debt amount = $1,000,000

Market value of firm:

= Market value of equity + (Tax rate × Debt)

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The firm be worth after adding the debt is $4.340 million.

7 0
3 years ago
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