Answer:
a. The total manufacturing cost assigned to Job 313 is $49,600
b. The unit product cost for Job 313 is $32
Explanation:
a. The computation of the total manufacturing cost is shown below:
= Direct materials cost + direct labor cost + overhead cost
= $27,656 + $10,400 + 111% of direct labor cost
= $27,656 + $10,400 + $11,544
= $49,600
b. The formula to be used for calculating the unit product cost which is shown below
= Total manufacturing cost ÷ number of units produced
= $49,600 ÷ 1,550 units
= $32
Explanation:
Profit describes the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question. Profit is calculated as total revenue less total expenses.
Answer:
the material cost per unit is $4.60 per unit
Explanation:
The computation of the material cost per unit is shown below:
= Total material cost ÷ equivalent units of material
= $86,940 ÷ (18,900 - 1,000) × 100% + 1,000 × 100%
= $86,940 ÷ (17,900 + 1,000)
= $86,940 ÷ 18,900
= $4.60 per unit
Hence, the material cost per unit is $4.60 per unit
The same should be considered and relevant
Color dyes and explosions will be your answer!
Other things sulphuric acid can create would be drugs, nitric acid, and hydrochloride acid.
In economics, there is a formula to predict the growth of money value with time. When dealing with simple interest, the formula is
F = P(1+in), where F is the future worth, P is the present worth, i is the annual interest rate, and n is the amount of time, commonly in terms of years. Substituting to the formula,
F = $23,000(1+0.08*15)
F = $50,600
