All categories

4 years ago

Sea Company reports the following information regarding its production costs:

Business

1 answer:

kenny6666 [7]4 years ago

8 0

Answer:

correct option is (B) $94.50

Explanation:

given data

Units produced = 46,000 units

Direct labor = $39 per unit

Direct materials = $32 per unit

Variable overhead = $21 per unit

Fixed overhead = $115,000

to find out

product cost per unit under absorption costing

solution

we find Fixed overhead that is

fixed overhead = $\frac{115000}{46000}$

fixed overhead = 2.5

total cost that is

total cost = Direct labor + Direct materials + Variable overhead + Fixed overhead

product cost = $39 + $32 + $21 + $2.5

product cost = $94.50

so correct option is (B) $94.50

You might be interested in

Indigo Corporation wants to transfer cash of $150,000 or property worth $150,000 to one of its shareholders, Linda, in a redempt

MaRussiya [10]

Answer:

$75,000 recognised gain

Explanation:

Indigo corporation wants to transfer $150,000 in cash or property to one of its shareholders Linda

Property A has a basis of $75,000

Property B has a basis of $195,000

Therefore the recognized gain or loss of property A is distributed in redemption of Linda's share can be calculated as follows

= fair market value - basis

= $150,000-$75,000

= $75,000 recognised gain

Hence indigo's recognised gain if it distributes property A in redemption of Linda's share is $75,000

6 0

3 years ago

Stop and Go has a 4.5 percent profit margin and a 15 percent dividend payout ratio. The total asset turnover is 1.6 and the debt

AVprozaik [17]

Answer:

10.85 percent

Explanation:

Return on equity = 0.045 × 1.60 ×(1 + 0.60) = 0.1152

Sustainable growth = [0.1152 × (1 - 0.15)]/{1 - [.1152 × (1 - 0.15)]} = 10.85 percent

The sustainable growth rate is the rate of growth that a company can expect to see in the long term. Often referred to as G, the sustainable growth rate can be calculated by multiplying a company’s earnings retention rate by its return on equity. The growth rate can be calculated on a historical basis and averaged in order to determine the company’s average growth rate since its inception.

The sustainable growth rate is an indicator of what stage a company is in, during its life cycle. Understanding where a company is in its life cycle is important.

3 0

3 years ago

As you move through your professional career, you will receive requests for favors and contributions. You will not be able to ho

Sergio [31]

Answer:

The correct answer is letter "C": use the indirect strategy.

Explanation:

While giving messages there are two main approaches: the direct and indirect strategy. The direct strategy is used when the main idea of the message is given at the beginning of the speechy to impact or shock the audience. Details of the idea are provided subsequently. The indirect strategy, instead, starts by providing the details to the audience to finally come up with a conclusion.

Thus, while providing refusals, it is more appropriate to use the indirect strategy so customers will know the reason for the non-approval to confirm the negative news at the end.

3 0

4 years ago

Granite Inc. is a reputable company that has contributed a lot toward the social welfare of the people. It has also improved wor

Mnenie [13.5K]

Answer: Corporate responsibility report.

Explanation: In simple words, it refers to the written document that is issued by the organisations with the intent of sharing the actions that they have taken to fulfill their corporate social responsibility.

The organisation have legal bounding to work for the betterment of society and also it increases the positive image of that organisation in the eyes of customers.

Hence this report is published by the organisations for fulfilling these objectives,.

7 0

3 years ago

Creswell Farms produces and sells clover honey and wants to expand its product line. A brainstorming session results in 40 diffe

Gwar [14]

Answer:

In this scenario, Creswell Farms is in the idea generation stage of the new product development process.

Explanation:

Idea generation stage refers to the stage which involves the creation, development, and communication of the ideas. The process involves the construction of the idea and transforming the concepts into reality. The initiation of a project begins with the generation of the idea generation stage. In the above case, the suggestions are provided which would help the business of the product. Hence, this refers to the idea generation stage.

7 0

3 years ago