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MrMuchimi
2 years ago
13

Swift Co. produces footballs. It incurred the following costs this year: Direct materials $35,000 Direct labor 31,000 Fixed manu

facturing overhead 22,000 Variable manufacturing overhead 38,000 Fixed selling and administrative expenses 23,000 Variable selling and administrative expenses 14,000 What are the total product costs for the company under variable costing
Business
1 answer:
leonid [27]2 years ago
5 0

Answer:

$104,000

Explanation:

With regards to the above information,

the variable costing method incorporates all variable production cost including the direct material , direct labor and variable overhead.

Given that;

Direct material = $35,000

Direct labor = $31,000

Variable manufacturing overhead = $38,000

Therefore,

Total variable cost

= $31,000 + $35,000 + $38,000

= $104,000

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For the green it would be 6/10 and the red 2/10
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Walmart is thinking about offering a 25% discount on a brand of shoes. If the elasticity of demand is two, then the discount wou
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Answer:

A.50%.

Explanation:

The price elasticity of demand formula is:

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plugging the amounts into the formula we obtain:

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3 years ago
Designing a new backpack at an outdoor sports equipment company is an example of a: Select one: a. Product-level activity. b. Fa
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Answer:

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Explanation:

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6 0
3 years ago
What is allowable self-employment plan contributions.
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2 years ago
LTM, Inc. has an issue of preferred stock whose par value is $1,000. The preferred stock pays a 4.5% dividend. If investors requ
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Answer:

Explanation:

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