1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dezoksy [38]
3 years ago
7

Brief Exercise 24-01 Wildhorse Company uses both standards and budgets. For the year, estimated production of Product X is 565,0

00 units. Total estimated cost for materials and labor are $1,243,000 and $1,638,500. Compute the estimates for (a) a standard cost and (b) a budgeted cost.
Business
1 answer:
laiz [17]3 years ago
6 0

Answer and Explanation:

The computation is shown below:

a. The standard cost is

Fo material

= $1,243,000 ÷ 565,000 units

= $2.20 per unit

And, for labor it is

= $1,638,500 ÷ 565,000 units

= $2.90 per unit

b. The budgeted cost would be remian the same as the total cost i.e. $1,243,000 and $1,638,500

Hence, the same would be considered and relevant

You might be interested in
Select the correct answers. Which strategy would be most suitable for a company at the maturity stage of its product life cycle?
Sholpan [36]

Answer:

E decrease the product price

Explanation:

Maturity stage of the product is the stage where the product has already saturated in the market and sales begin to peak and slow down. Many companies will want to maintain this stage when it peaks but when the decline starts showing up it is a great challenge for them due to competition that cuts in from other companies.  so companies at maturity stage would want to adopt  the method of decreasing the price of the product in order  to fight off competition.

3 0
3 years ago
Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was
katrin2010 [14]

$4 million.

An item is worth what the market is willing to pay for it, which is sometimes different than the estimated value.

6 0
3 years ago
Help need ASAP!
densk [106]

Answer:

C. Trademark

Explanation:

.

3 0
3 years ago
Vilal
shepuryov [24]

Answer:

I'm sorry but you got your task is to find 10 hidden words that in a group of jumbled letters in the box below? Where is the box below I do not see nothing?

7 0
3 years ago
3F − is bigger than F because
Nady [450]

Answer:

IN 3F THERE WOULD BE MORE ELECTRONIC REPULSIONS AS COMPARED TO SIMPLE F.THE ELECTRONS WOULD TEND TO MOVE APART THUS CREATING THE SIZE OF 3F BIGGER AS COMPARED TO THAT OF THE SIMPLE F MOLECULE.

Explanation:

4 0
3 years ago
Other questions:
  • A stock index is valued at $800 and pays a continuous dividend at the rate of 3% per year. The 6-month futures contract on that
    14·1 answer
  • When josh’s wage rises and he decides to work more hours, we know that the __________ effect has dominated the __________ effect
    8·1 answer
  • Suppose the government passes a law eliminating holidays and, as a result the production of goods and services increases because
    6·1 answer
  • Analyze fraternal polyandry in Himalayan south-central Asia with respect to material conditions. What specific problems are pose
    10·1 answer
  • Vaughn Manufacturing has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expected
    12·1 answer
  • When the price of a good rises, consumers tend to purchase less of it and buy a relatively less expensive good. This behavior cr
    13·1 answer
  • The current account includes __________. a. the export and import of goods and services. b. all purchases and sales of assets su
    15·1 answer
  • Del Norte Brick Co. is located near the intersection of Texas, New Mexico, and Mexico. Improved access to the company’s property
    5·1 answer
  • Each time a politician or celebrity writes a book, bookstores can expect at least some customers to want the book, but whether i
    15·1 answer
  • Reeves Co. filed suit against Higgins, Inc., seeking damages for copyright violations. Higgins' legal counsel believes it is pro
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!