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Angelina_Jolie [31]
2 years ago
9

Kray Incorporated, which produces a single product, has provided the following data for its most recent month of operations: Num

ber of units produced 4,000 Variable costs per unit: Direct materials $ 38 Direct labor $ 20 Variable manufacturing overhead $ 8 Variable selling and administrative expense $ 4 Fixed costs: Fixed manufacturing overhead $316,000 Fixed selling and administrative expense $300,000 There were no beginning or ending inventories. The variable costing unit product cost was:
Business
1 answer:
xeze [42]2 years ago
6 0

Answer:

Unitary variable production cost= $66

Explanation:

Giving the following information:

Variable costs per unit:

Direct materials $ 38

Direct labor $ 20

Variable manufacturing overhead $ 8

Variable selling and administrative expense $ 4

<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>

Unitary variable production cost= 38 + 20 + 8

Unitary variable production cost= $66

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Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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David is a construction worker in a small-sized company. Some of his colleagues sustained injuries a week ago because the compan
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A firm expects to pay dividends at the end of each of the next four years of $2.00, $1.50, $2.50, and $3.50. If growth is then e
Marina86 [1]

Answer:

P0 = $43.96935449 rounded off to $43.97

Explanation:

Using the dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula to calculate the price of the stock today is,

P0 = D1 / (1+r)  +  D2 / (1+r)^2  +  ...  +  Dn / (1+r)^n  +  [(Dn * (1+g) / (r - g)) / (1+r)^n]

Where,

  • g is the constant growth rate
  • r is the required rate of return

P0 = 2 / (1+0.14)  +  1.5 / (1+0.14)^2  +  2.5 / (1+0.14)^3  +  3.5 / (1+0.14)^4  +  

[(3.5 * (1+0.08)  /  (0.14 - 0.08)) / (1+0.14)^4]

P0 = $43.96935449 rounded off to $43.97

8 0
2 years ago
In the context of promoting organizational learning and intrapreneurship, the idea behind the role of _____ is that, if intrapre
andre [41]

Answer:

Skunkworks.

Explanation:

In the context of promoting organizational learning and intrapreneurship, the idea behind the role of <em>Skunkworks</em> is that, if intrapreneurs are isolated, they will become so intensely involved in a project that development time will be relatively brief and the quality of the final product will be enhanced.

A Skunkworks project typically represents an innovative project comprising of a loosely structured small group of people, usually outside the research and development departments of an organization. The Skunkworks is made up of well seasoned individuals or experts who research, quickly design or develop, and test innovative solutions for a project in order to enhance radical innovation.

As a result, isolating the intrapreneurs would enhance the rapid development and quality of the final product in a project.

Please note, Skunkworks has its origination from Martin Lockheed's World War II Skunkworks in the Advanced Development Projects (ADP).

8 0
2 years ago
Alpha Company purchased, on account, 3,500 pounds of raw materials at $9 per pound on January 2, 2017. The production manager re
yaroslaw [1]

Answer:

January 2, 2017

Raw Materials $31,500 (debit)

Trade Payable $31,500 (credit)

January 15, 2017

Work In Process $22,500 (debit)

Raw Materials $22,500 (credit)

Explanation:

January 2, 2017

Raw Materials $31,500 (debit)

Trade Payable $31,500 (credit)

3,500 pounds × $9 per pound = $31,500

<em>Recognise the Asset - Raw Materials Inventory and Recognise the Liability - Trade Payable</em>

January 15, 2017

Work In Process $22,500 (debit)

Raw Materials $22,500 (credit)

2,500 pounds × $9 per pound = $22,500

<em>Recognise Cost of Manufacture - Work In Process and De-recognise the Asset - Raw Materials </em>

4 0
2 years ago
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