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madreJ [45]
3 years ago
7

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

tions: Selling price $ 176 Units in beginning inventory 0 Units produced 10,800 Units sold 7,600 Units in ending inventory 3,200 Variable costs per unit: Direct materials $ 54 Direct labor $ 48 Variable manufacturing overhead $ 12 Variable selling and administrative expense $ 5 Fixed costs: Fixed manufacturing overhead $ 388,800 Fixed selling and administrative expense $ 136,800 What is the total period cost for the month under variable costing
Business
1 answer:
algol133 years ago
6 0

Answer:

Total period cost= $174,800

Explanation:

<u>The period costs are all the costs not incurred in production. Usually includes administrative, marketing, finance costs, etc.</u>

Periods costs:

Variable selling and administrative expense= $5

Fixed selling and administrative expense $ 136,800

<u>To calculate the total variable cost, we will use the units sold:</u>

Total varaible cost= 5*7,600= 38,000

Fixed selling and administrative expense= 136,800

Total period cost= $174,800

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Questions that would help Tony manage his day-to-day operations? A. What is my best-selling product? B. What is my lowest-sellin
zloy xaker [14]

Answer:

The correct answer is letter "D": A&B.

Explanation:

Managers have several functions within an organization. Among them, they must <em>analyze information </em>-the accounting books of the company- to find out what products have maximized their production process and which ones have not. Besides, they must relate that information to the number of sales the company is processing given a certain period.

Thus, what is the best and low-selling products of a firm are questions that managers must ask to explore its<em> strengths, weaknesses, and opportunities</em>.

4 0
3 years ago
If a donut shop sells a dozen donuts for $6.00, what would the cost of 9 donuts be at the same rate?
larisa86 [58]
To solve this question, first we need to find out the price of a single donut.

12 donuts = $ 6.00
1 donuts = $6.00 / 12

1 donuts = $ 0.50

After that, we just need to multiply the price for a single donut with the required amount (9), which will be:

9 x $ 0.50 = $ 4.50 . . . . for 9 donuts



3 0
3 years ago
The retail mall owner told a marketing researcher, "We have the option of staying open late twice a week or opening up an hour e
Alborosie

Answer:

develop your research plan

Explanation:

The five steps in the marketing research process are:

  1. Define the problem (or opportunity)
  2. Determine your research design
  3. Develop your research plan: during this step you design your research tool, e.g. questionnaires, focus groups, etc. You must also prepare a budget that covers the costs of carrying out your research plan.
  4. Collect relevant data.
  5. Analyze data.
  6. Visualize data and report findings.
4 0
3 years ago
A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate wheth
patriot [66]

Explanation:

1. The ceterus paribus effect gives us to what extent, the effect of a variable has on another variable, while holding all other factors fixed. Analysing job training of workers on productivity will give us results that are not biased since we will not be taking account of other factor variables in the calculations. When 2 firms are the same in almost every aspect apart from number of hours on training, then we will find out that each firm would have different levels of workers output. So we should know if workers output increases due to job training.

2. When it comes to provision of training, furms do these based on characteristics of the workers. Some of these characteristics are measurable while some are immeasurable

Measurable:

Experience on the job,

Productivity

Level of education,

immeasurable :

Skill set

Vision

Likeliness to bstay at firm

3. Apart from worker characteristics, productivity also depends on other factors one of which is technological change. A technological change can bring about increased efficiency and greater output by the worker. Different firms using different capital and technological combination are quite likely to have different output levels.

4. A positive correlation between job training and productivity cannot be used to ascertain if job training makes worker more efficient this is due to the fact that correlation only tells us if variables are in coexistence. So a positive correlation does not tell us that job training is indeed bringing about changes in the productivity of workers.

8 0
3 years ago
Winona and Hubert need to decide which one of them will take time off from work to complete the rather urgent task of shearing t
Flauer [41]

Answer: Winona has the lowest opportunity cost of completing the task.

Explanation:

Based on the information given in the question, the opportunity cost will be calculated as:

= Earnings per hour × Hours taken to complete the task

Therefore, for Winona, the opportunity cost will be:

= 1 × $200.

= $200.

For Hubert, the opportunity cost will be:

= 9 × $25

= $225

Therefore, based on the calculation above, Winona has the lowest opportunity cost of completing the task.

5 0
2 years ago
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