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mote1985 [20]
3 years ago
10

Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. U

nits produced this year 39,000 units Units sold this year 23,400 units Direct materials $ 23 per unit Direct labor $ 25 per unit Variable overhead $ 3 per unit Fixed overhead $ 195,000 in total Given Advanced Company's data, compute cost per unit of finished goods under absorption costing.
Business
1 answer:
galben [10]3 years ago
5 0

Answer:

the cost per unit of finished goods under absorption costing is $56

Explanation:

The computation of the cost per unit of finished goods under absorption costing is given below:

Direct materials $23

Direct labor $25

Variable manufacturing overhead $3

Fixed manufacturing overhead ($195.000 ÷ 39,000 units) $5

Total unit cost $56

Hence, the cost per unit of finished goods under absorption costing is $56

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8 0
4 years ago
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The best response to the chicken tactic is to challenge the other party by responding with one's own chicken tactic, thereby cal
goblinko [34]

Answer:

B) False

Explanation:

The chicken tactic is a combination of a huge deceit or bluff about what you really want or need, and a threat to do something usually not very normal or rational. The whole idea is to try to force the other negotiating party to chicken out and surrender to your requests. Both a chicken tactic and a hardball tactic are designed to take advantage of the other party.

The problem with using a chicken tactic is what happens if the other side calls the bluff, will the threat be real or not, and what position will the other side hold. For example, an employer negotiating wage increases with a union, if the employer threats to close the factory and the other party tells him/her to go on and close it, what will be the result. This type of negotiating tactic can result in huge problems.

8 0
3 years ago
If the allocation base in the pre-determined overhead rate does not drive overhead costs, it will nevertheless provide reasonabl
navik [9.2K]

Answer:

B. False

Explanation:

  • The production costs are the cost that is involved in the formation of a product and they include the direct labor and material and the consumer production supplies and the  factory overhead.  
  • The production cost can also be also to be considered to be the cost of the labor that is delivered to a service to the consumer. The overhead cost includes the insurance, the interest, and the legal fees, and does not involve an averaging process.
4 0
4 years ago
The flowchart above illustrates which type of organizational message?
ZanzabumX [31]

Answer:

<em>upward</em><em> </em><em>is</em><em> </em><em>the</em><em> </em><em>correct answer</em><em> </em>

6 0
3 years ago
Assume Joe Harry sells his 25 percent interest in Joe's S Corporation, to Tyrone on January 29. Using the specific identificatio
sergeinik [125]

Answer:

$65,000

Explanation:

Calculation to determine how much income does Joe Harry report if Joe's S Corporation, earned Using the specific identification allocation method

Using this formula

Income=Amount earned*Interest rate

Let plug in the formula

Income=$260,000 × 25%

Income= $65,000

Therefore Using the specific identification allocation method how much income does Joe Harry report if Joe's S Corporation, earned will be $65,000

5 0
3 years ago
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