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Nana76 [90]
3 years ago
10

During the first month of operations, a manufacturer incurs the following costs related to activities within its factory:

Business
1 answer:
oksian1 [2.3K]3 years ago
3 0

Answer:

$68,000

Explanation:

The costs of goods sold  ( COGS)is calculated as follows.

COGS = opening stock + Purchases - Closing stock

This was the first month of operation; hence there was opening stock.

The material used to produce 5000 units were

Direct materials $15,000 +  Direct Labor $30,000 + Manufacturing overhead $40,000 = $85,000

The cost per units = $85,000 /5000 units

=$17 per units

4000 units were sold, the COGS

=$17 x 4000

=$68,000

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When footwear has greater traction, what does this mean?
timofeeve [1]

Answer:

B

Explanation:

Think of the football cleats on the field.  They have better grip which is why they don't slip as often as someone on a basketball court would.

8 0
3 years ago
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The following data pertain to an investment proposal: Required investment $75,000 Annual cash savings $18,000 Projected life of
ehidna [41]

Answer:

Explanation:

Using a financial calculator, input the following using CF function;

Initial Investment ; CF0 = -75,000

Yr1 cashflow ; C01 = 18,000

Yr2 cashflow ; C02 = 18,000

Yr3 cashflow ; C03 = 18,000

Yr4 cashflow ; C04= 18,000

Yr5 cashflow ; C05 = 18,000

Yr6 cashflow ; C06 = 18,000

Yr7 cashflow ; C07 = 18,000

Yr8 cashflow ; C08 = 18,000 +4,000 = 22,000

Required rate of return = 16%

then compute Net present value by keying in NPV, CPT = $4,404.74

5 0
3 years ago
Cirrus Aircraft, a leading manufacturer of small airplanes, sees a market opportunity and has decided to double its plant capaci
Westkost [7]

Answer:

B. A strategic action because such a large plant expansion will require a major commitment of resources.

Explanation:

There are two major forms of action in business decision making: strategic and tactical. Strategic action deals with decision that require major planning and investment of resource. Strategic actions have long term implementation and effect and are difficult to reverse.

Tactical actions, on the other hand, are flexible and involves actions taken on short term basis. Tactical actions are majorly bye-product of strategic decision.

On this note, Circus Aircraft`s  decision to double its plant capacity over the next two years is a strategic action because such a large plant expansion will require a major commitment of resources. And the action will not easily reversible.

Other options in the question are not totally right.

7 0
3 years ago
According to rational expectations, stock prices are actually... a. the discounted value of all future cash flows associated wit
Stells [14]

Answer:

a. the discounted value of all future cash flows associated with the stock.

Explanation:

Stock prices can be seen as an estimated future value of the security. When investors buy shares they look at the performance of the business and buy shares based on this future analysis.

Also the issuer values the shares based on their future forecast of financial performance. For example when a share is issued for $1,000,000 the business would have estimated performance will justify the share price in the future.

7 0
3 years ago
PB3.
astraxan [27]

Answer:

The unit costs are $ 4.87 for 70 % Conversion Costs

The unit costs are $ 5.54 for finished goods

Explanation:

Total Materials cost = $ 115,080

Material Costs  for one unit= $ 115,080/ 34000= $ 3.3847= $ 3.39

Conversion Costs= $ 72,072

Conversion Costs for one unit = $ 72072/34000 * 70%= $ 1.4838= $ 1.48

Total Cost per unit= $ 3.39 + $ 1.48= $ 4.87

Process Cost summary

Quantity Schedule

Materials = ($3.39 *34,000)=                   $ 115,080

Cost Added by Department:                     Total Cost             Unit Cost

Materials=                                                  $ 115,080                $ 3.39

Conversion Costs

Labor + Overheads ( 1.48 * 34,000)=       $ 50,320               $ 1.48

Units still in process ($ 72072- $ 50320) = $ 19,752              $0.58

Total cost to be accounted for                   $ 187,152                $ 5.54

3 0
3 years ago
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