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3 years ago

11

Smith Company sells a single product at a selling price of $30 per unit. Variable expenses are $12 per unit and fixed expenses a

re $115,920. Smith's break-even point is: Multiple Choice 3,864 units 9,660 units 19,320 units 6,440 units

1 answer:

gulaghasi [49]3 years ago

7 0

Answer:

6,440 units

Explanation:

Smith's break-even point is: 6,440 units

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Rand Company had May operations as follows. Units actually produced 76,000 Actual direct labor hours worked 160,000 Actual varia

Pavel [41]

Answer:

B. 20,000

Explanation:

Standard Variable overhead rate = $6 per units / 2 direct labour hour

Standard Variable overhead rate = $3 per hour

Variable Overhead Spending Variance = Actual hours worked * (Actual overhead rate - Standard overhead rate)

Variable overhead spending variance = 160,000 * (3.125 -3)

Variable overhead spending variance = 160000*0.875

Variable overhead spending variance = 20,000

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2 years ago

Suppose for a given consumer the marginal utility (MU) of a pizza is 100 utils and the MU of a hamburger is 80 utils, and that t

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Answer:

<u>is not</u> , <u>consume more of hamburgers</u>

Explanation:

A consumer is said to have achieved equilibrium when within his budget constraint, he purchases that combination of two goods which yield maximum satisfaction to him.

The equation for consumer equilibrium for two products is given by

$\frac{MU_{x} }{P_{x} } = \frac{MU_{y} }{P_{y} }$

In the given case, $\frac{MU_{x} }{P_{x} }$ = $\frac{100}{15}$ = $\frac{20}{3}$ = 6.666

$\frac{MU_{y} }{P_{y} }$ = $\frac{80}{10}$ = 8

wherein, x= pizza

y= hamburger

As is evident, the marginal utility per dollar spent is greater in case of a hamburger, the consumer is not in a state of equilibrium.

Thus, he should consume more units of Hamburgers in order to maximize his utility.

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3 years ago

Serile Pharma places 800 units in production during the month of January. All 800 units are completed during the month. It had n

liberstina [14]

Answer:

Per unit cost will be $197.5

Explanation:

We have given number of units produced = 800

Direct material cost added in January = $74000

And conversion cost added in January = $84000

So total cost = $74000+$84000 = $158000

We have to find the per unit cost of product produced

So per unit cost is given by total cost divided by total number of units produced

So per unit cost $=\frac{158000}{800}=$197.5$

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3 years ago

REY [17]

Answer:

6,000 units

Explanation:

The beginning inventory units are calculated below

We know

Number of units produced = Budgeted units sold + ending inventory units - beginning inventory units

35,000 units = 32,000 units + 9,000 units - beginning inventory units

35,000 units = 41,000 units - beginning inventory units

So, the beginning inventory units would be

= 41,000 units - 35,000 units

= 6,000 units

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3 years ago

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<span>Consumer behavior ...............

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