D. Stocks
Which are literally fractions of the corporation property.
Answer:
the labor rate variance is $4,920 favorable
Explanation:
The computation of the labor rate variance is shown below:
= (Standard rate - Actual rate) × Actual Hours
= ($13 - $12.40) × 8,200 hours
= $4,920 Favorable
hence, the labor rate variance is $4,920 favorable
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer and Explanation:
Musk oil Direct Materials Budget - Year 2
Quarter First Second Third
Required production in units of finish goods72,000 102,000 162,000
Units of raw materials needed per unit of finished goods 333
Units of raw materials needed to meet production 216000 306000 486000
Add: Desired units of ending raw materials inventory 43200
Total units of raw materials needed 331203 408003 648003
Less: Units of beginning raw materials inventory43200 43200 0
Units of raw material needed to be purchased288003 364803 648003
Unit cost of raw materials2.2 2.2 2.2
Cost of raw materials to purchased 633606.6 802566.6 1425606.6
FourthYear
112,000 448000
3 3
336000 1344000
448003 1792003
0 43200
448003 1748803
2.2 2.2
985606.6 3847366.6
Your correct answer is C.
Assets, liabilities, stockholders' equity
Answer:
7,500 units
Explanation:
Given that,
Selling price = $25 per unit
Fixed expenses = $33,000 per year
Break even units sell = 5,500 units
Target profit = $12,000
Total break- even sale in Dollar:
= Selling price × Break even units sell
= $25 × 5,500 units
= $137,500
Break- even Point = Fixed Costs ÷ Contribution Margin per Unit
Therefore,
Contribution Margin per unit:
= Fixed Costs ÷ Break-Even points
= $33,000 ÷ $137,500
= 0.24 per unit
Sales amount:
= (Fixed costs + Target profit) ÷ Contribution margin per unit
= ($33,000 + $12,000) ÷ 0.24
= $187,500
Sales in units = Sales in amount ÷ Selling price per unit
= $187,500 ÷ $25
= 7,500 units
