1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erik [133]
3 years ago
11

A company produces a single product. Variable production costs are $13.40 per unit and variable selling and administrative expen

ses are $4.40 per unit. Fixed manufacturing overhead totals $50,000 and fixed selling and administration expenses total $54,000. Assuming a beginning inventory of zero, production of 5,400 units and sales of 4,300 units, the dollar value of the ending inventory under variable costing would be:_____.
a. $14,740.
b. $24,640.
c. $19,580.
d. $9,900.
Business
1 answer:
shutvik [7]3 years ago
3 0

Answer:

Ending inventory= $19,580

Explanation:

<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>

We need to calculate the total unitary variable cost:

Total unitary variable cost= 13.4 + 4.4

Total unitary variable cost= $17.8

<u>Now, the cost of ending inventory:</u>

Ending inventory= 1,100*17.8

Ending inventory= $19,580

You might be interested in
Kim, a CPA, works for a small accounting firm consisting of two managing partners, six accountants and four secretaries. During
galina1969 [7]

Answer:

The company is NOT in anyway required to either make, offer or provide accommodations to Kim

Explanation:

Based on the information given the company is NOT in anyway required to either make, offer or provide accomodations to Kim reason been that the ADA only tend to applies to companies which has either 15 employees or employees that are higher or more than 15 employees in which the accounting firm which Kim work for did not fall under the category as well as the coverage of the act because the accounting firm is a small firm which we were told consist of 2 managing partners, 6 accountants as well as 4 secretaries making them 12 employees in total.

Therefore the company is NOT required to provide any accomodations to Kim

4 0
3 years ago
An economic contraction caused by a shift in aggregate demand causes prices to a. rise in the short run, and rise even more in t
raketka [301]

Answer:

c. fall in the short run, and fall even more in the long run.

Explanation:

The aggregate demand shifts to the left in recession or contractions, in consequence the level of prices falls. For this analysis we consider the shor-run supply curve with a positive slop.

As we know, the economy in the long run tends to equilibrium, where the the production level is fixed and equal to the potential of production of the economy. The initial reduction of prices incentives the consumption in the long run, stabilizing with the long run quantites in a minor level of prices.

In the attached image you can observe the process described previously.

3 0
3 years ago
A black market is A. a market in which buying and selling take place at prices that violate government price regulations. B. ver
bekas [8.4K]

Answer:

The answer is: A) a market in which buying and selling take place at prices that violate government price regulations.

Explanation:

Black markets happen when entities (individuals or businesses) engage in trading of goods and services that are prohibited by the governments. Or when the entities engage in trading activities and do not want to pay taxes from those transactions.

6 0
3 years ago
A company is considering two designs for a machine in its manufacturing line. The first, called machine A, will cost $160000 in
ExtremeBDS [4]

Answer:

The indifference point is 1,410 units

Explanation:

Giving the following information:

Machine A:

Fixed costs= $160,000

Unitary variable cost= $80

Machine B:

Fixed costs= $270,000

Unitary variable cost= $2

<u>First, we need to structure the total cost formula for each machine:</u>

Machine A= 160,000 + 80x

Machine B= 270,000 + 2x

x= number of units

<u>Now, we equal both formulas and isolate x:</u>

160,000 + 80x = 270,000 + 2x

78x = 110,000

x= 110,000/78

x= 1,410 units

The indifference point is 1,410 units

6 0
3 years ago
What is the copyright process ?
balandron [24]

The way in which copyright protection is secured is frequently misunderstood. Copyright is secured automatically when the work is created. A work is "created" when it is fixed into a book, tape or electronic medium for the first time.

4 0
4 years ago
Read 2 more answers
Other questions:
  • Traditionally, Lamme's Candies have used direct sellers to distribute its products. However, it recently made the decision to al
    13·1 answer
  • The expense recognition (matching) principle, as applied to bad debts, requires: Multiple Choice That bad debts not be written o
    15·2 answers
  • When somebody buys an insurance policy, that person is seeking to transfer risk away from herself and pass it on to the insuranc
    8·1 answer
  • Research estimates that the cost of health care is ________ higher for high-stress workers then for workers with less stress.
    8·1 answer
  • Which is true of an enterprise resource planning (ERP) system?
    9·1 answer
  • Rough &amp; Ready Timber Company orally contracts with Shawn for the purchase of five acres of Shawn’s timberland. Shawn makes t
    14·2 answers
  • Garcia Company issues 11.5%, 15-year bonds with a par value of $450,000 and semiannual interest payments. On the issue date, the
    5·1 answer
  • Jose and Zola want to purchase their first home. Jose makes $23.50 an hour and works 40 hours per week. Zola makes $21.50 an hou
    10·1 answer
  • The us economy after world war i relied in large part on loans from abroad. Construction. Inflation. Farming.
    5·1 answer
  • The shortest-route problem is a special case of the transshipment problem.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!