Answer:
Explanation:
Advanced manufacturing is the use of innovative technology to improve products or processes, with the relevant technology being described as "advanced," "innovative," or "cutting edge." Advanced manufacturing industries "increasingly integrate new innovative technologies in both products and processes.
Answer:
(a) $24 per unit; $136,000
(b) $544,000
Explanation:
(a) Computation of variable cost per unit and the total fixed cost
Let Y1 = $424,000 and Y2 = $640,000,
X1 = 12,000 and X2 = 21,000
variable cost per unit (b) = (Y2 - Y1) ÷ (X2 - X1
)
= ($640,000 - $424,000) ÷ (21,000 - 12,000)
= $24 per unit
Total fixed cost:
Y2 - bX2 = Y1 - bX1
640000 - 24 × 21000 = 424000 - 24 × 12000
$136,000 = $136,000
(b) Computation of total cost for 17000 units of production
Total cost = [variable cost per unit × units produced ] + total fixed cost
= [24 × 17000] + 136000
= $544,000.
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Genetic drift refers to some changes in the gene variant (allele) which leads to survival or death of a certain organism.
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Answer:
$65 per unit
Explanation:
For computing the cost per unit first we have to determine the cost of goods manufactured which is shown below:
Cost of goods manufactured = Opening work in process + direct material cost + direct labor cost + manufacturing overhead cost - ending work in process
= $10,000 + $12,000 + $6,000 + $4,000 - $6,000
= $26,000
And, there is a production of 400 MP3 players
So, the cost per unit is
= $26,000 ÷ 400 MP3 players
= $65 per unit