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Natalija [7]
3 years ago
9

A company produces a single product. Variable production costs are $13.10 per unit and variable selling and administrative expen

ses are $4.10 per unit. Fixed manufacturing overhead totals $47,000 and fixed selling and administration expenses total $51,000. Assuming a beginning inventory of zero, production of 5,100 units and sales of 4,150 units, the dollar value of the ending inventory under variable costing would be_____________________.
Business
1 answer:
nikitadnepr [17]3 years ago
7 0

Answer:

Value of the ending inventory is $ 16,340

Explanation:

<em>The variable costing method is also known as the </em><em>marginal costing method,</em><em> under this method production units and inventories are valued using the variable cost per unit.</em>

Variable cost per unit = D. Material cost+ Direct labour cost + Variable Overhead

To value the closing inventory of the company, we follow the steps below:

Step 1

<em>Calculate the variable cost per unit</em>

= $13.10 + $4.10 = $17.2

Step 2

<em>Calculate the closing inventory</em>

Closing inventory = Opening Inventory + purchases - Sales

= 0 + 5,100 -4,150 = 950 units

Step 3

<em>Value the closing inventory</em>

= VC/unit × units

=   $17.2 × 950

= $ 16,340

Value of the ending inventory is $ 16,340

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Answer:

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Explanation:

To find out the average collection period for Huckabee's 2018, we have to use the formula of the average collection period which is presented below:

Average collection period = Net credit sales ÷ Average accounts receivable

where,

Net credit sale is $400,000

And, the average accounts receivable is calculated by applying the equation which is shown below:

= (2017 accounts receivable + 2018 accounts receivable) ÷ 2

=  ( $72,000 + $80,000 ) ÷ 2

= $76,000

Now apply the above values to the formula

So, the answer would be equal to

= $400,000 ÷ $76,000

= 5.26 times

The other things like opening balance of merchandise inventory and cost of goods and  the ending balance of merchandise inventory and cost of goods is irrelevant. Thus, it is not to be considered.

Hence, Huckabee's 2018 average collection period (rounded) is 5 times

5 0
3 years ago
Max separated the workers by gender and then asked only the men to work the evening shift from 5 P.M. to closing. This is an exa
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Answer:

D. Disparate treatment

Explanation:

Disparate treatment is a form of unlawful discrimination in the labour force. It's when a manager or leader gives unequal treatments to workers because of a certain characteristics. It is an intentional employment discrimination.

In this situation, the men suffers the evening shift just because they are men (certain characteristics).

Apart from gender another characteristics that is subjected to unequal treatments is race, where one race suffer more treatment than the other race.

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If amazon had decided to design and manufacture the kindle and all its components in the united states, what do you think the co
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Answer:

Brief summary of the case:

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Market research firm "IS," estimated that the manufacturing cost of kindle is about $185. The expensive components of the kindle are the display used in the Electronic ink technology and wireless cord. Company A contracted with Country C's company to produce the display. A manufacturer in Continent A produced a wireless cord of $13. Many components were contracted to the different countries to reduce the cost of the kindle to be competitive. Now, kindle became the competitor to the massive companies.

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The market risk premium is computed by: adding the risk-free rate of return to the inflation rate. adding the risk-free rate of
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Answer:

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Market premium in A = 10% - 5% = 5%

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