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Helen [10]
3 years ago
7

The following production data were taken from the records of the Finishing Department for July:

Business
1 answer:
SashulF [63]3 years ago
7 0

Answer:

c. 37,000 units

Explanation:

Calculation to Determine the total equivalent units for direct materials, assuming that the first-in, first-out method is used to cost inventories

Using this formula

Total equivalent units for direct materials= Transferred to finished goods during the month of July + Ending work in process during the month of July - Inventory in process as on July 1

Let plug in the formula

Total equivalent units for direct materials= 37,500 units + 3,500 units - 4,000 units

Total equivalent units for direct materials= 41,000 units - 4,000 units

Total equivalent units for direct materials= 37,000 units

Therefore the total equivalent units for direct materials, assuming that the first-in, first-out method is used to cost inventories is 37,000 units

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Answer:

Estimated manufacturing overhead rate= $30.5 per direct labor hour

Explanation:

Giving the following information:

Direct labor-hours= 79,000 labor-hours.

The estimated variable manufacturing overhead was $11.90 per labor-hour and the estimated total fixed manufacturing overhead was $1,469,400.

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

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Estimated manufacturing overhead rate= (1,469,400/79,000) + 11.9= $30.5 per direct labor hour

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Martin is following this model to provide the needed guidance and support the employee working under him requires.

6 0
3 years ago
which is the value of the work actually performed up to a specific point in time, is calculated by multiplying the TBC by the pe
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Answer:

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I hope these helps, if it does please give brainliest.

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That companies gain a competitive advantage by giving customers focus, cost leadership, and differentiation

<h3>What is competitive advantage?</h3>

A firm seeks a competitive advantage when it aims to surpass its rivals in terms of profitability. An organization must be able to communicate to its chosen target market that it has a higher comparative or differential value than its rivals in order to establish and retain a competitive advantage. For instance, a business is likely to have a competitive advantage if it advertises a product at a lower price than a similar product from a rival. The same holds true if the marketed item is more expensive but has special characteristics that buyers are ready to pay for.

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