Answer: The correct answer is "4.codes".
Explanation:
1.edits - It is the modification or edition of data.
2.hypotheses - Assumption made from data that serves as the basis for initiating an investigation or an argument.
3.theories - Organized set of ideas that explain a phenomenon, deduced from observation, experience or logical reasoning.
So: The rules for interpreting, categorizing, recording, and transferring the data to the data storage media are called <u>CODES.</u>
Answer:
"$170 per unit" is the appropriate response.
Explanation:
The given values are:
Number of units produced
= 4,000
Direct material
= $39
Direct labor
= $71
Variable manufacturing overhead
= $5
Now,
The fixed manufacturing overhead will be:
= 
= 
=
($)
Hence,
The unit product cost under absorption costing will be:
=
On substituting the above values, we get
= 
=
($)
Answer:
(a) 78.96
(b) 82.99
(c) 5.10
Explanation:
The current stock price can be calculated as follows
= 3.76 × 21
= 78.96
The target stock price in one year can be calculated as follows
= 3.76(1+5.1%)×21
= 3.76×(1+0.051)×21
= 3.76×1.051×21
= 82.99
The implied return on company's stock over one year can be calculated as follows
= 82.99-78.96/78.96
= 4.03/78.96
= 0.0510× 100
= 5.10
Answer:
$6 unfavorable
Explanation:
The computation of the cost variance is shown below:
Cost variance = Standard cost - actual cost
where
Standard cost is
= $20 + 0.20 ×$26 + $40 × 0.20
= $20 + $5.2 + $8
= $33.2
And, the actual cost is $39.20
So the cost variance is
= $33.2 - $39.20
= $6 unfavorable
Since the actual cost is more than the actual cost which reflects the unfavorable variance
Answer:
Unitary cost= $56
Explanation:
Giving the following information:
Variable manufacturing overhead $15
Direct materials $13
Direct labor $17
Fixed manufacturing overhead $12
Fixed marketing and administrative $11
Under absorption costing, the fixed overhead is allocated to the product cost:
Unitary cost= direct material + direct labor + variable overhead + fixed overhead
Unitary cost= 13 + 17 + 15 + 11= $56