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Anuta_ua [19.1K]
3 years ago
11

A company produces a single product. Variable production costs are $13.50 per unit and variable selling and administrative expen

ses are $4.50 per unit. Fixed manufacturing overhead totals $51,000 and fixed selling and administration expenses total $55,000. Assuming a beginning inventory of zero, production of 5,500 units and sales of 4,350 units, the dollar value of the ending inventory under variable costing would be:
Business
1 answer:
Dominik [7]3 years ago
4 0

Answer:

$15,525

Explanation:

Calculation for ending inventory under variable costing

Using this formula

Units in ending inventory = Units in beginning inventory + Units produced −Units sold

Thus,

= 0 units + 5,500 units −4,350 units

= 1,150 units

Formula for Value of ending inventory under variable costing

= Unit in ending inventory × Variable production cost

= 1,150 units × $13.50 per unit

= $15,525

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Answer:

Correct option are (1) and (3).

Tax revenues are often diverted to those in power instead of going into legitimate productive investment, and the same is sometimes true of foreign aid money from abroad.

Knowing that payments of graft must be made prevents many people from undertaking actions that might lead to growth.

Explanation:

In a corrupt economy, government incomes from charge and outside guide frequently are occupied to politically influential individuals as opposed to being contributed for gainful purposes. Since individuals realize that defilement cash needs to paid to concerned authorities, they don't attempt such profitable venture either. Both these variables identified with defilement limits speculation and development.

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3 years ago
On a linear demand curve, if the price is low and the quantity demanded is high, demand is _____ in that region and a price incr
kirill [66]

On a linear demand curve, if the price is low and the quantity demanded is high, demand is Inelastic in that region and a price increase will cause an increase  in total revenue

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8 0
1 year ago
Regarding a broker's commission, the California Business and Professions Code requires that in the sale of residential property
Harrizon [31]

Answer:

The remaining part of the question is:

They are set by each broker individually and may be negotiable between the seller and broker.” This clause must be printed:

1. In not less than 8-point boldface type.

2. In not less than 10-point boldface type.

3. In not less than 11-point boldface type.

4. In not less than 12-point boldface type.

Correct Answer:

2. In not less than 10-point boldface type.

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4 0
3 years ago
MFG Company experiences the following cost behavior patterns each week: Fixed costs: supervisor’s salary $3,000; factory rent $6
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Answer:

Total cost= $204,750

Explanation:

Giving the following information:

Fixed costs: supervisor’s salary $3,000; factory rent $6,500

Mixed costs: utilities $3,500 + $10.25 per unit

Variable costs per unit:

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supplies used in production $13.50

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2 years ago
If you calculate the cost of attendance (COA) at an institute of higher
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The answer is tuition fees, room and board, books, supplies and other expenses.
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