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4 years ago

Vijay Company reports the following information regarding its production costs.

Business

1 answer:

Lera25 [3.4K]4 years ago

6 0

Answer:

$46.40 per unit

Explanation:

The computation of the product cost per unit under absorption costing is shown below:

= Direct material per unit + Direct labor per unit + Variable overhead cost per unit + fixed overhead cost per unit

where,

Fixed overhead cost per unit would be

= Fixed overhead ÷ units produced

= $121,600 ÷ 16,000 units

= $7.60

All other items will remain unchanged

Now add these values in the formula above.

Hence, the value would be

= $9.60 + $19.60 + $9.60 + $7.60

= $46.40 per unit.

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On January 1, Mitzu Co. pays a lump-sum amount of $2,750,000 for land, Building 1, Building 2, and Land Improvements 1. Building

krek1111 [17]

Answer:

January 1, 202x

Dr Land 2,162,109

Dr Building 2, 742,626

Dr Building 3, 2,262,000

Dr Land improvement 1, 385,065

Dr Land improvement 2, 168,000

Cr Cash 5,719,800

Explanation:

total purchase cost $2,750,000

Building 2 = $796,500

Land improvement 1 = $413,000

Land = <u>$1,740,000</u>

total = $2,949,500

proportional purchase cost building 2 = $2,750,000 x $796,500/$2,949,500 = $742,626

proportional purchase cost land = $2,750,000 x $1,740,000/$2,949,500 = $1,622,309

proportional purchase cost land improvements 1 = $2,750,000 x $416,000/$2,949,500 = $385,065

additional costs to land = $346,400 + $193,400 = $539,800

additional building 3 = $2,262,000

additional land improvement 2 $168,000

January 1, 202x

Dr Land 2,162,109

Dr Building 2, 742,626

Dr Building 3, 2,262,000

Dr Land improvement 1, 385,065

Dr Land improvement 2, 168,000

Cr Cash 5,719,800

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3 years ago

Other things the same, a decrease in the price level makes consumers feel a. more wealthy, so the quantity of goods and services

nordsb [41]

Answer:

more wealthy, so the quantity of goods and services demanded rises.

Explanation:

If price level falls, the same basket of goods and services purchased by consumers would cost less. Consumers feel more wealthy and the quantity demanded of goods and services increases .

For example, if I spend $100 on clothes and the price of clothes falls to $50, I would buy clothes for $50 and still have extra $50. I can use the $50 to buy more clothes.

I hope my answer helps you.

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4 years ago

Ethics tries to resolve questions of human morality by defining which concepts?

siniylev [52]

Answer:

Ethics seeks to resolve questions of human morality by defining concepts such as good and evil, right and wrong, virtue and vice, justice and crime. As a field of intellectual inquiry, moral philosophy is related to the fields of moral psychology, descriptive ethics, and value theory.

What is ethics? The term ethics may refer to the philosophical study of the concepts of moral right and wrong and moral good and bad, to any philosophical theory of what is morally right and wrong or morally good and bad, and to any system or code of moral rules, principles, or values.

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kaheart [24]

Ok thanks for that xxx

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What's gross national product?

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Answer:

Gross national product is the market value of all the products and services produced in one year by labour and property supplied by the citizens of a country.

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