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melisa1 [442]
3 years ago
6

The relevant range of production for Hallergan Corporation is 11,000 to 14,000 units. When Hallergan Corporation produces and se

lls 12,500 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 7.20 Direct labor $ 4.20 Variable manufacturing overhead $ 1.70 Fixed manufacturing overhead $ 5.20 Fixed selling expense $ 3.70 Fixed administrative expense $ 2.70 Sales commissions $ 1.20 Variable administrative expense $ 0.70 Required: 1. For financial accounting purposes, what is the total amount of product costs incurred to make 12,500 units
Business
1 answer:
coldgirl [10]3 years ago
3 0

Answer:

Total unitary product cost= $18.3

Explanation:

Giving the following information:

Direct materials $ 7.20

Direct labor $ 4.20

Variable manufacturing overhead $ 1.70

Fixed manufacturing overhead $ 5.20

<u>The product cost is calculated using the direct material, direct labor, and manufacturing overhead:</u>

Total overhead per unit= 1.7 + 5.2= $6.9

Direct material= $7.2

Direct labor= $4.2

Total unitary product cost= $18.3

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Answer:

A. Reverse logistics systems are usually less cost- efficient than forward-based systems.

Explanation:

Reverse logistics is linked to the reuse of goods and services for all activities, this includes the management and the sale of surplus. Reverse logistics is the distribution of purchased products back into the business in the reverse direction of business process flow.

Reverse logistics systems are usually less cost- efficient than forward-based systems. Reverse logisticsprovides companies with revenues and strategic benefits.

7 0
3 years ago
The following are insured for medical payments under a Personal Auto Policy (PAP):
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Answer:

The correct answer to the following question is option D) all of the above statements A,B,C are correct .

Explanation:

Personal auto policy (PAP) is a pretty standardize policy design for auto insurance , where such policies provides coverage for medical payments , damage from both under insured and un insured motorists, for the liability and any damage to the vehicle. Under this policy any person who is injured by insured or insured himself or his family members and even any other person who is in possession of covered auto are all insured for receiving medical payments.

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3 years ago
A company's Inventory balance at the end of the year was $204,200 and $218,000 at at the beginning of the year. Its Accounts Pay
dalvyx [7]

Answer:

$718,400

Explanation:

For computation of total amount of cash payments first we need to find out the decrease in merchandise, purchases and increases in accounts payable which is shown below:-

Decrease in merchandise = Balance at the beginning of the year - Balance at the end of the year

= $218,000 - $204,200

= $13,800

Purchases = Cost of goods sold - Decrease in merchandise

= $738,000 - $13,800

= $724,200

Increase in Accounts Payable = Accounts Payable balance at the end of the year - Accounts payable at the beginning of the year

= $102,000 - $96,200

= $5,800

Cash paid for merchandise = Purchases - Increase in Accounts Payable

= $724,200 - $5,800

= $718,400

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3 years ago
North Inc. is a calendar-year C corporation, accrual-basis taxpayer. At the end of year 1, North accrued and deducted the follow
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;l'l;';l/

Explanation:l;';l'l;'

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2 years ago
If happiness was money, what would your job be?​
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3 years ago
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