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yanalaym [24]
3 years ago
13

Given the following, calculate total manufacturing costs: Direct materials cost: $62,000 Direct labor cost: $78,000 Manufacturin

g overhead applied: $46,000 Actual manufacturing overhead: $51,000 Beginning Work in process inventory: $32,000 Ending Work in process inventory: $35,000 a) $186,000 b) $188,000 c) $191,000 d) $183,000
Business
1 answer:
Nesterboy [21]3 years ago
4 0

Answer:

a) $186,000

Explanation:

The computation of the total manufacturing cost is shown below:

= Direct material cost + direct labor cost + manufacturing overhead applied

= $62,000 + $78,000 + $46,000

= $186,000

Hence, the  total manufacturing cost is $186,000

Therefore the correct option is A.

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

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A firm purchased 50 units of materials with a unit price of $1.30 on June 1. On June 15, the firm purchased 50 units with a unit
dsp73

Answer: $83

Explanation:

Given that,

On 1 June,

Materials purchased = 50 units

Unit price of material = $1.30

On June 15,

Materials purchased = 50 units

Unit price of material = $1.20

Total cost of 65 units:

= (Material purchased on 1 June × Unit price of material) + [(65 units - 50 units) × $1.20]

= (50 units × $1.30) + (15 units × $1.20)

= $65 + $18

= $83

8 0
3 years ago
Economics Airlines currently spends $20,000 per month in airport fees and $10,000 per flight for fuel, crew, and airplane mainte
Kamila [148]

Answer:

b. 20

Explanation:

For 5 flights per month

Total Cost = Variable cost + Fixed cost

Total Cost = Fuel, crew, and airplane maintenance cost + Airport fee

Total Cost = (5 X 10000) + 20,000 = $70,000

For 6 flights per month

Total Cost = Variable cost + Fixed cost

Total Cost = Fuel, crew, and airplane maintenance cost + Airport fee

Total Cost = (6 X 10000) + 20,000 = $80,000

Additional Cost for 6th flight = $80000-70,000 = $10,000

Minimum No. of Passenger to cover the cost = Additional cost / Ticket price per seat

Minimum No. of Passenger to cover the cost = $10,000 / $500 = 20 seats passengers.

3 0
3 years ago
I need someone too talk to please.​
EastWind [94]

Answer:

You can talk to me!!

Explanation:

3 0
3 years ago
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Dell Computer uses recycled and recyclable materials in its product and packaging design in an effort to minimize damage to the
eduard

Answer: Sustainability

Explanation: Sustainability simply means continual existence regardless of domain or pillar. It explains the maintenance of economic, social and environmental resources to meet the demand and needs of the present industry or generation without jeopardizing or compromising the needs of future generation. The concept of sustainability looks beyond the present, it focuses on harmonizing the needs of present and future generation by encouraging decisions and policies that focuses beyond the present, rather considering the effects of present policies in decades to come. Common sustainability goals include reduction of carbon emission, shift to the use of renewable energy resources such as wind, hydro and solar, All in a bid to maintain a healthy ecosystem for present and more importantly future generation.

5 0
3 years ago
Assume price exceeds average variable cost over the relevant range of demand. If a monopolistically competitive firm is producin
ivann1987 [24]

Answer:D) increase output.

Explanation:

The marginal cost  for production and marginal revenue are measures that businesses  use in  determining  the amount of output and the price of  a product that will enable them to maximize profits.

When the marginal revenues  are greater than the marginal cost of production, then the firm is making profit per unit  and should increase its production so as to make  more output until profit is attained.  When Marginal Revenue are lower or less than the marginal cost of production, then the firm is making a loss per unit  and should decrease its production.

Here,  competitive firm is producing at an output where marginal revenue is $23 and marginal cost is $19, then to maximize profits the firm should <u>increase output .</u>

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3 years ago
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