The total product cost per unit under absorption costing is: $75.
In absorption costing, the cost of every unit produced is worked out by adding up the direct cost of materials, direct labor, variable overhead, and the fixed overhead. Unlike in the case of marginal costing where the fixed cost is treated as period cost, in absorption costing, fixed cost is treated as a product cost.
The cost per unit
$
Direct material 28
Direct labor 24
Variable overhead 10
Fixed cost 13
Cost per unit 75
Cost of Inventory
Number of units = 1000
Cost per unit = $75
Value = 1000 * $75 = $75,000
Learn more about absorption costing here:brainly.com/question/26276034
#SPJ4
Answer:
$96,154.20
Explanation:
We are to find the future value of the annuity
The formula for calculating future value = A (B / r)
B = [(1 + r)^n] - 1
A = Amount
R = interest rate
N = number of years
[(1.08)^9 - 1 ] / 0.08 = 12.487558
12.487558 x $7,700 = $96,154.20
In Europe, here are 22 paid vacation days and 13 paid when on holidays. Summing up, that could be a total of 4 weeks of vacation. While on the other hand, the United States as only 16 vacation days, both paid and unpaid, and that could be a total of around 2 weeks of vacation only.
Answer:
$6.
Explanation:
Holding stock of a Public company entitles you to a potential return on your investment which can be in the form of Capital Appreciation/Gain, that is buying at low and selling at high, or Dividends received. In the given question, we are not required to calculate total return rather capital gain, simply the difference between purchase price and selling price, so there is no need to account for dividends. The formula for Capital Gain is given below:
Capital Gain / Appreciation = Selling Price - Purchase Price
⇒ Capital Gain = 38 - 32 = $6.
Answer:
Additional money, the firm have 4 years from now if it can earn 5 percent rather than 4 percent on its savings will be $3,423.
Explanation:
Principal Amount = P = $75,000
Number of year = n = 4 years
If rate of return is 4%
A = P ( 1 + r )^n
A = $75,000 ( 1 + 0.04 )^4
A = $75,000 x 1.16986
A = $87,740
If rate of return is 5%
A = P ( 1 + r )^n
A = $75,000 ( 1 + 0.05 )^4
A = $75,000 x 1.21551
A = $91,163
Additional Amount Earned = $91,163 - $87,740 = $3,423
