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
lana [24]
2 years ago
10

Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a s

upplier at a cost of $2.00 each. Shadee wants to have 27 closures on hand on May 1, 20 closures on May 31, and 28 closures on June 30 and variable manufacturing overhead is $1.25 per unit produced. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $12 per hour.
Budgeted Production in Units:

May 585
June 410

Required:
a. Determine Shadee's budgeted manufacturing cost per visor. (Note: Assume that fixed overhead per unit is $1.90.) (Round your answer to 2 decimal places.)
b. Compute the Shadee's budgeted cost of goods sold for May and June.
Business
1 answer:
olasank [31]2 years ago
3 0

Answer:

A. $10.75

B. May $6,288.75

June $4,407.5

Explanation:

A . Calculation to Determine Shadee's budgeted manufacturing cost per visor.

Budgeted direct Material $4.00

Direct labor $3.6

(0.30*$12)

ariable manufacturing overhead is $1.25

Fixed overhead per unit is $1.90

Budgeted manufacturing cost per visor $10.75

Therefore Shadee's budgeted manufacturing cost per visor is $10.75

B. Computation for Shadee's budgeted cost of goods sold for May and June.

May June

Expected sales units 585 410

Minimum cost per unit $10.75 $10.75

Budgeted cost of goods sold for May and June

$6,288.75 $4,407.5

May (585*$10.75=$6,288.75)

June(410*$10.75=$4,407.5)

Therefore the budgeted cost of goods sold for May is $6,288.75 and June is $4,407.5.

You might be interested in
Carson Electronics uses 58 percent common stock and 42 percent debt to finance its operations. The aftertax cost of debt is 5.4
Zigmanuir [339]

Answer:

$573,941.22

Explanation:

Use WACC formula to find the cost of capital for discounting the given cashflows;

WACC = wE*rE + wD*rd (1-tax)

whereby;

wE = weight of equity

rE = cost of equity

wD = weight of debt

rd (1-tax) = aftertax cost of debt

WACC = (0.58*0.153) + (0.42 *0.054)

= 0.08874 + 0.02268

= 0.1114 or 11.14%

Find the present value of the growing perpetual cashflows which will be equivalent to the maximum initial outlay of the project needed to avoid a negative NPV;

PV = CF/ (WACC - g)

Cashflow; CF = $49,600

WACC = 11.14%

growth rate ; g = 2.5%

PV = 49,600/ (0.1114 - 0.025)

PV = 573,941.22

Therefore, maximum amount the firm can initially invest in this project to avoid a negative net present value is $573,941.22

6 0
3 years ago
Each of these items must be considered in preparing a statement of cash flows for Teal Mountain Company. for the year ended Dece
igomit [66]

Answer:

a. Cash flow from Finance Activities - Cash Inflow  $300,000.

b. Cash flow from Investment Activities - Cash Outflow $270,000.

c. Cash flow from Investment Activities - Cash Inflow  $30,000.

d. Cash flow from Finance Activities - Cash Outflow $75,000.

Explanation:

The Statement of Cash flows shows 3 types of Cash flow headings which are :

  1. Cash flow from Operating Activities
  2. Cash flow from Investment Activities
  3. Cash flow from Financing Activities

Operating Activities are Trading activities. Investing Activities involve buy and sell of assets or investment. Finance Activities involve sourcing of finance

5 0
3 years ago
What makes you blush hard?
sergeinik [125]
A girl calling me cute or putting her hand on my thigh. Someone tell me how they love me even though there intentions might be bad.
6 0
3 years ago
The government has the ability to influence the level of output in the short run using monetary and fiscal policy. There is some
zubka84 [21]

The government has the capacity to influence the level of output in the short run by utilizing monetary and fiscal policy. There exists some disagreement as to whether the government should endeavor to stabilize the economy. The given statement is true.

<h3>What is the monetary and fiscal policy?</h3>

Monetary policy exists as a set of actions to control a nation's general money supply and achieve economic growth. Monetary policy strategies contain revising interest rates and changing bank reserve conditions. Monetary policy exists commonly categorized as either expansionary or contractionary.

In economics and political science, the fiscal policy exists as the use of government revenue assemblage and expenditure to control a country's economy. Fiscal policy exists the use of government spending and taxation to influence the economy. Governments typically employ fiscal policy to promote strong and sustainable growth and decrease poverty.

To create an economy more stable, active stabilization policy instruments that mitigate the effect of pessimism and optimism waves stand advocated. The waves of pessimism among consumers and businesses show the fall in aggregate demand. This fall in aggregate demand can be partly or fully offset by raising the money supply because the increase in money supply boosts aggregate demand.

The government has the capacity to influence the level of output in the short run by utilizing monetary and fiscal policy. There exists some disagreement as to whether the government should endeavor to stabilize the economy.

To learn more about monetary and fiscal policy refer to:

brainly.com/question/14088906

#SPJ4

7 0
2 years ago
Fiat money: Group of answer choices has advantages over commodity-backed money. is currency from Italy.can include currency back
butalik [34]

The correct answer is A) has advantages over commodity-backed money.

Fiat money has advantages over commodity-backed money.

There was a time when money in the United States was backed by gold. Not any more. Fiat money, as the US dollar is backed by the US government, This is the case in other countries, For instance, the European Union's currency, the Euro, is also fiat money. Governments issue fiat money through their central banks and can exert certain kinds of control on it.

4 0
3 years ago
Other questions:
  • Two investment advisers are comparing performance. Adviser A averaged a 20% return with a portfolio beta of 1.5, and adviser B a
    7·1 answer
  • Which business partnership began by selling watches by mail? ben and jerry?
    11·1 answer
  • Dan is responsible for developing the promotional campaign for under armour’s new line of footwear for teens. he will be writing
    7·1 answer
  • The effort used to coordinate the factors of production is a description of:_______
    10·1 answer
  • Which type of bank account is most likely to pay you interest on the money in the account?
    12·1 answer
  • In January 2016, Vega Corporation purchased a patent at a cost of $200,000. Legal and filing fees of $50,000 were paid to acquir
    8·1 answer
  • What should the firm do if there is no possible output where the price would at least be equal to average variable costs
    10·1 answer
  • Jefferson tutoring had the following payroll information on Feb 28:
    6·1 answer
  • A large distributor has 4 retail outlets. Currently each outlet manages its ordering independently. Demand at each retail outlet
    6·1 answer
  • The following table shows a portion of a four-year amortization schedule. A 4-year amortization schedule. The loan amount or pri
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!