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zzz [600]
3 years ago
5

The following costs were for Optimal View Inc., a contact lens manufacturer: Output Fixed Cost Variable Cost Total Costs 270 $ 5

,300 $ 10,000 $ 15,300 320 5,300 12,000 17,300 370 5,300 14,000 19,300 420 5,300 16,000 21,300 At an output level of 500 lenses, per unit total cost is projected to be:
Business
1 answer:
Anastasy [175]3 years ago
8 0

Answer:

Per unit total cost $49.00

Explanation:

The per unit total cost is as follows;

Particulars     Total Costs    Output

High level     $21,300           420

Low level     $15,300           270

Difference   $6,000            150

Unit variable cost 40 ($6000 ÷ 150)

Fixed cost $4,500 ($21,300 - (420 × 40) )

Total cost at 500 lenses $24,500 ($4,500 + (500*40))

Per unit total cost $49.00 ($24,500 ÷ 500)

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Delux Technologies makes and sells only one product, a high-quality processor for mainframe computers. Delux was recently approa
Anton [14]

Answer:

Imagination Station is engaging in Vertical Integration.

Explanation:

Vertical Integration is a business strategy whereby a firm acquires businesses that provide the supplies it needs to make its products or that makes and sell its products.

In this context, Delux Technologies makes and sells only one product, a high-quality processor for mainframe computers and was approached by Imagination Station, a large computer manufacturer about purchasing their company.

4 0
3 years ago
Read 2 more answers
Lacy's Linen Mart uses the average cost retail method to estimate inventories. Data for the first six months of 2021 include: be
faust18 [17]

Answer:

Best estimate for inventory =$70,764.85

Explanation:

The closing inventory value at retail

= (Opening inventory + Purchases - sales)  all in retail prices

= $123,000 +  $483,000 - 493,000.

= 113000

Closing inventory value at cost

=113,000 ×  (64,500 + 315,000)/(123,000 +  $483,000)

=70,764.85

Best estimate for inventory =$70,764.85

4 0
3 years ago
Journalize the following transactions into the general journal in accordance with the rules of Journalizing, and the Double-entr
olga_2 [115]

Answer:

A MS Excel file is attached for the Journal general , please find it.

Explanation:

Entries to be Journalized

Date                Account                    DR.          Cr.

March 24         Cash                   $26,000    

                        Owner's Capital                  $26,000

September 8   Cash                   $6,500    

                        Account receivable           $6,500

Download xlsx
6 0
3 years ago
Bonds that have interest coupons attached to their certificates, which the bondholders present to a bank or broker for collectio
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3 years ago
Yong produces silk and polyester fabrics. Management has compiled the following unit selling price and unit cost information for
monitta

Answer:

$9.05

Explanation:

the information about prices and costs is missing, so I looked it up:

contribution margin per yard for silk = $18 - $4.10 - $2.70 - $3.51 - $0.90 = $6.79

contribution margin per yard for polyester = $10.20 - $0.80 - $2.90 - $3.77 - $0.60 = $2.13

contribution margin per machine hour:

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8 0
3 years ago
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