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julsineya [31]
3 years ago
8

Kray Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of u

nits produced 5,500 Variable costs per unit: Direct materials $ 39 Direct labor $ 27 Variable manufacturing overhead $ 11 Variable selling and administrative expense $ 5 Fixed costs: Fixed manufacturing overhead $ 401,500 Fixed selling and administrative expense $ 451,000 There were no beginning or ending inventories. The variable costing unit product cost was:
Business
1 answer:
luda_lava [24]3 years ago
8 0

Answer:

the  variable costing unit product cost is $77

Explanation:

The computation of the variable costing unit product cost is shown below:

= Direct material +  direct labour + variable manufacturing overhead

= $39 + $27 + $11

= $77

hence, the  variable costing unit product cost is $77

We simply added the three items so that the variable costing unit could come

The same would be relevant

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Mechanic model of consulting
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shepuryov [24]
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5 0
3 years ago
Cost of Goods Sold Pine Creek Company completed 200,000 units during the year at a cost of $3,000,000. The beginning finished go
Tatiana [17]

Answer:

$3,085,000

Explanation:

FIFO means first in first out. It means it is the first purchased inventory that is the first to be sold.

The costs of goods sold would first be allocated to the beginning inventory = $310,000

The remaining cost of goods sold Je allocated to the inventory made during the year = 210,000 - 25,000 = 185,000

185,000 × ( $3,000,000 / $200,000) = $2,775,000

Total cost of goods sold = $2,775,000 + $310,000 = $3,085,000

I hope my answer helps you

3 0
4 years ago
Which of the following are true of an economy operating below full employment? Check all that apply. Actual real GDP is less tha
scoray [572]

Answer:

The economy has an unemployment rate higher than the natural rate of unemployment.

Explanation:

Full Employment is when all workers able & willing to work, are employed.

Unemployment is when a person able & willing to do a work , doesn't get work.

However, there is certain 'natural' level of unemployment normalised during efficient running of economy. It involves frictional & structural unemployment. Frictional unemployment is temporary unemployment of people shifting their jobs and Structural unemployment is temporary unemployment due to industrial reorganisation (eg : technological change).

So, Economy being below Full Employment implies that economy has unemployment level above natural rate of unemployment.

4 0
3 years ago
The Palmer Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents
Fynjy0 [20]

Answer:

in roms         425

in dollars 24,650

Explanation:

Operating fixed cost

salaries                    5,500

utilities                      1,200

depreciation            1,300

maintenance           <u>4,325</u>

Total Fixed cost     12,325

Contribution per room:

$58 per night

-$10 maid

-$19 other

Contribution = 29

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

12,325/29 = 425 rooms

\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

29/58 = 0.5

12,325/0.5 = 24,650

Also can be done:

BEPunits x Price per unit

425 x 58 = 24,650

4 0
4 years ago
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