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GalinKa [24]
3 years ago
6

Under absorption costing , a company had the following per unit costs when 10,000 units were produced Direct labor Direct materi

als Variable overhead Total variable cost Fixed overhead ( / Total product cost per unit $ 2.80 3.80 4.80 11.40 6.00 $ 17.40 Required : 1. Compute the company's total product cost per unit under absorption costing if 12,500 units had been produced 2. Fill in the blank with increase or decrease
Business
1 answer:
bezimeni [28]3 years ago
5 0

Answer:

Total unitary cost= $16.2

Explanation:

<u>First, we need to compute the total fixed overhead:</u>

Total fixed overhead= 10,000*6= 60,000

<u>Now, the unitary absorption cost for 12,500 units:</u>

Direct labor= 2.8

Direct materials= 3.8

Variable overhead= 4.8

Total variable cost= $11.4

Fixed overhead= (60,000/12,500)= 4.8

Total unitary cost= $16.2

The unitary cost is lower.

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Feeney Furniture prepared the following sales budget: Month March April May June Cash Sales Credit Sales $11,000 0 $11,000 0 37,
Leviafan [203]

Answer:

Option (B) is correct.

Explanation:

Total cash collections in June:

= Cash sales + (62 percent of June credit sales) + (30 percent of May credit sales) + (5 percent of April credit sales)

= $60,000 + ($51,000 × 0.62) + ($37,000 × 0.30) + ($11,000 × 0.05)

= $103,270

Therefore, the total cash collections in June at Feeney Furniture is $103,270.

8 0
3 years ago
Seigel Co. maintains a defined-benefit pension plan for its employees. At each balance sheet date, Seigel should report a pensio
chubhunter [2.5K]

Answer:

d.funded status relative to the accumulated benefit obligation.

Explanation:

Employees should be informed funded status relative to the accumulated benefit.

7 0
4 years ago
Read 2 more answers
A consumer is likely to have a broad search including more brands during an external information search when:
vazorg [7]

Answer:

There is a direct relationship between perceived risk and external research.  The higher the perceived risk, the more external research a consumer will carry out. Perceived risk is not simply fearing that you will make a bad purchase, but it also refers to the costs and benefits associated with the purchase.

The higher the benefits that a consumer can obtain from a purchase, the higher the risk of not getting enough benefits if they make a bad choice. E.g. if you have a lot of good choices available, then you will want to do some more research to choose the best one.

Generally consumers include more brands in their search when they are physically in stores. As consumers we generally consider a very limited number of brands when we shop online, but when we are in a store, we tend to broaden our search and include al the brands that we find.

3 0
3 years ago
Consider the following two stocks, A and B. Stock A has an expected return of 10% and a beta of 1.20. Stock B has an expected re
mina [271]

Answer: Stock B

Explanation:

Use CAPM to calculate the required returns of both stocks.

Stock A

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Stock B

Required return = 5% + 1.8 * (9% - 5%)

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Stock A excess = 10% - 9.8% = 0.2%

Stock B excess = 14% - 12.2% = 1.8%

<em>Stock B offers a higher excess and is the better buy. </em>

7 0
3 years ago
Which of the following definitions describes a receptacle ground fault circuit interrupter (GFCI)
Luba_88 [7]
The choices can be found elsewhere and as follows:

a. Includes an extension cord
b. Replaces a circuit breaker on the main circuit board
c. Fits into the standard outlet box
d. Used when permanent protection is not available

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8 0
3 years ago
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