Answer:
Gross margin= $744,760
Explanation:
<u>The absorption costing method includes all costs related to production, both fixed and variable.</u> The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
Unitary fixed overhead= 52,900 / 21,500= $2.46
Total unitary production cost= 10.3 + 12.3 + 3.3 + 2.46= $28.36
<u>Now, the gross margin:</u>
Gross margin= sales - COGS
Gross margin= 21,500*63 - 21,500*(28.36)
Gross margin= $744,760
Answer:
All the answers are right
Explanation:
A.To provide a hedge against inflation. : in an inflationary economy, a company can invest in inventory in order to be prepared for the higher prices of raw materials to come. So they can maintain the company´s profit.
B. To tightly synchronize production and distribution processes: inventory of final products can help to minimize the effects of unexpected production problems.
C. To ensure that item cost is maximized: A company can buy a bulk of raw material since the cost of a large number of units is lower. So the final product's cost will be maximized.
D. to tightly synchronize a firm's production with its customers' demand: for example in a seasonal demand, There are certain months when the demand exceeds the production capacity. In theis case, in the lower season months, the company will be increasing the inventory in order to meet the demand when the high season comes.
Answer:
It has a greater impact than service industries.
Explanation:
Answer:
The summary of the accident, calculate the total dollar value of the property damage Stephanie caused is explained below in detail.
Explanation:
The term 100/300/100 coverage indicates that a character has coverage of $100,000 physical damage mortgage coverage per person, $300,000 total physical damage mortgage insurance per accident, and $100,000 property loss accountability per accident.
So, in case Stephanie prompted a property and accident destruction, then $1,00000 will be sustained by the insurance corporation and above this value, it will be paid by Stephanie.
