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Bad White [126]
2 years ago
14

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

tions: Selling price $ 165 Units in beginning inventory 0 Units produced 12,700 Units sold 12,000 Units in ending inventory 700 Variable costs per unit: Direct materials $ 53 Direct labor $ 48 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 4 Fixed costs: Fixed manufacturing overhead $ 406,400 Fixed selling and administrative expense $ 216,000 What is the total period cost for the month under variable costing
Business
1 answer:
Sedaia [141]2 years ago
7 0

Answer: $670,400

Explanation:

Period costs are not included in direct production and in this instance include:

  • Variable selling and administrative expense
  • Fixed manufacturing overhead
  • Fixed selling and administrative expense

Period costs = (12,000 * 4) + 406,400 + 216,000

= $670,400

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All other factors being equal, what would the premium be like in a survivorship life policy as compared to the premium in a join
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Answer:

All other factors being equal, the premium in a survivorship life policy as compared to the premium in a joint life policy should be higher

Explanation:

All other factors being equal, the premium in a survivorship life policy as compared to the premium in a joint life policy should be higher because it effectively contains the premium of two people which would be paid out upon the demise of both parties to their heirs. Unlike in the case of first-to-die joint life policy that pays to the surviving partner upon the death of the first.

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3 years ago
Evaluate each of the following transactions in terms of their effect on assets, liabilities, and equity. 1. issue $80,000 in sto
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The net total change in total assets comes out to 1,27,0000 when the change in assets and liabilities is computed.

<h3>What do you mean when you say "assets" and "liabilities"?</h3>

A company's assets are everything it possesses. They may be located on the balance sheet's left side. Liabilities are all debts that a company owes, both now and in the future. They may be found on the balance sheet's right side.

Current and fixed assets are the two categories of assets.

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Current and long-term obligations are the two categories of liabilities.

  • Credit lines, loans, wages, and accounts payable are examples of current obligations that must be paid back within a year.

Thus,

According to the aforementioned circumstances, There will be a total shift of 1,27,0000 in assets.

Learn more about assets and liabilities:

brainly.com/question/20715446

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2 years ago
When firms are said to be price takers, it implies that if a firm raises its price,.
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when films are said to be prize takers in implies that if you raises its price a buyers will go else where

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When a company employs a varied workforce of both men and women, people of many generations, and people from ethnically and raci
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<u>Answer:</u> When a company employs a varied workforce of both men and women, people of many generations, and people from ethnically and racially different backgrounds, it is called workplace diversity.

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Workplace diversity means when the organisation recruits employees from different backgrounds such as age, gender, ethnicity, religion, caste etc. By hiring people from different backgrounds the company has the benefits of hiring a pool of talented and skilled workers.

Creativity increases in the organisation for solving problems and different types of ideas can be brainstormed. The organisation can also understand the global market. Problems are solved quickly and it gives competitive advantage for the company in the market.

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