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Mandarinka [93]
3 years ago
6

To follow is information about the units produced and total manufacturing costs for Pine Enterprises for the past six months. Mo

nth Number of units produced Total manufacturing costs January 9000​ $8200​ February 7,500 $8,000 March 6,600 $7,550 April 6,800 $7,650 May 5000​ $6800​ June 7,000 $7,750Using the high-low method, what is the monthly fixed manufacturing cost
Business
1 answer:
sweet [91]3 years ago
4 0

Answer:

The monthly fixed manufacturing cost is $7500.

Explanation:

Variable cost per unit = change in total cost / change in no of units

                                    = 6900-5000/8000-4200  

                                    = 0.5 per unit

Fixed cost = Total manfacturing cost - variable cost at a 4200 level

                 = 5000 - (4200*0.5)

                 = 5000 - 2100

                 = $2900

If company produces 9200 units:  

Total manfacturing costs = fixed costs + 9200*variable cost per unit

                                          = 2900 + (9200*0.5)  

                                          = $7500

Therefore, The monthly fixed manufacturing cost is $7500.

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Majestic Homes' stock traditionally provides an 7% rate of return. The company just paid a $2 a year dividend which is expected
liberstina [14]

Answer:

$52

Explanation:

Data provided as per the question

Recent dividend = $2

Market rate of return = 8%

Growth Rate = 4%

(Its expected to increase so it will be (1 + 4%) = 1.4%

The computation of price is shown below:-

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6 0
3 years ago
Marketing managers need the information provided by marketing research for many reasons. Which of the following is not a reason
mel-nik [20]

Answer: is Option D:<u> All of the above are reasons to need information provided by marketing research</u>.

Explanation:

Marketing managers needs information based on the marketing research for betterment of the firm and its productivity. Through marketing research managers assess their current scope of the firm among consumers by calculating many factors. These includes firm's scope and its recognition nationally as well as internationally, consumers affiliation with the product produced by the firm, and to gather the information regarding its competitors. so the right option is D.

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Dazzle Inc produces beads for jewelry making use . The following information summarizes production operations for June . The jou
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Answer:

Missing wordings <em>"Direct materials used $104,000, Direct labor used 177,000, Predetermined overhead rate (based on direct labor) 160 %, Goods transferred to finished goods 449,000, Cost of goods sold 461,000, Credit sales 980,000"</em>

<em />

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Factory overhead = 283,200

Journal Entry                           Debit          Credit

Work in Process Inventory   $283,200

   Factory Overhead                                 $283,200

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