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Bad White [126]
2 years ago
11

Bakan Corporation has provided the following production and average cost data for two levels of monthly production volume. The c

ompany produces a single product. Production volume 8,600 units 9,600 units Direct materials $ 98.70 per unit $ 98.70 per unit Direct labor $ 25.60 per unit $ 25.60 per unit Manufacturing overhead $ 73.20 per unit $ 69.20 per unit The best estimate of the total variable manufacturing cost per unit is:_______
Business
1 answer:
storchak [24]2 years ago
8 0

Answer:

$159.1

Explanation:

The computation of the total variable manufacturing cost per unit is shown below;

At 8,600 units,

The total cos is

= (Direct material per unit + Direct labor per unit + Manufacturing cost per unit) × Number of units

= ($98.70 per unit + $25.60 per unit + $73.20 per unit) × 8,600 units

= $197.5 per unit × 8,600 units

= $1,698,500

At 9,600 units

The Total cost

= ($98.70 per unit + $25.60 per unit + $69.20) × 9,600 units

= $193.5 per unit × 9,600 units

= $1,857,600

So, the best estimated would be;

= ($1857,600 - $1,698,500) ÷ (9,600 units - 8,600 units)

= $159,100 ÷ 1,000 units

= $159.1

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7 0
2 years ago
Keesha Co. borrows $200,000 cash on November 1, 2018, by signing a 90-day, 9% note with a face value of $200,000. 1. On what dat
aliya0001 [1]

Answer:

Explanation:

1. The maturing date of note will be 30 January 2019

( 29 days in November + 31 Days in December and 30 Days in January)

2. The interest expense would  be

On 2018:

= Principal × rate of interest × number of days ÷ (total number of  days in a year)

= $200,000 × 9% × (60 days ÷ 360 days)

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( 29 days in November + 31 Days in December)

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= Principal × rate of interest × number of days ÷ (total number of  days in a year)

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We assume 360 days in a year.

4. (A) Cash A/c Dr  $200,000

              To Notes payable A/c   $200,000

(Being note is issued for cash)

(B) Interest expense A/c Dr $3,000

        To Interest payable A/c  $3,000

(Being accrued interest adjusted)

(C) Interest expense A/c Dr           $1,500

    Interest payable A/c Dr            $3,000

    Notes payable A/c Dr               $200,000

            To Cash A/c                                              $204,500\

(Being cash is paid on maturity)

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3 years ago
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1, 4, and 5 just done the assignment and got it correct

8 0
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The answer is;


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Hope it helps!

8 0
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