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3 years ago

Easy career question for you

Business

1 answer:

mixas84 [53]3 years ago

3 0

ANSWER:
I would think B would be your answer, but if we are talking about in 2021 with pandemic, then most likely A.

Hope this helps sorry if it doesn’t

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Markup on job cost 75%

Arlecino [84]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Markup on job cost 75%

Milling Assembly

Machine-hours 60,000 3,000

Direct labor-hours 8,000 80,000

Total fixed manufacturing overhead cost $ 390,000 $500,000

Variable manufacturing overhead per machine-hour $2.00

Variable manufacturing overhead per direct labor-hour $3.75

Job 407:

Milling Assembly

Machine-hours 90 4

Direct labor-hours 5 20

Direct materials $800 $370

Direct labor cost $70 $280

1) We need to calculate the total overhead costs:

Milling= 390,000 + 2*60,000 + 3.75*8,000= $540,000

Assembly= 500,000 + 2*3,000 + 3.75*80,000= $806,000

2) Now, the predetermined overhead rate per department:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

For Milling we will use machine hours as allocation base:

Milling= 540,000/60,000= $9 per machine hour

For Assembly, we will use direct labor hours:

Assembly= 806,000/80,000= $10.075 per direct labor hour

3) We need to allocate overhead to Job 407

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Milling= 9*90= $810

Assembly= 10.075*20= $201.5

Total overhead= $1,011.5

4) Total cost= (800 + 370) + (70 + 280) + 1,011.5

Total cost= $2,531.5

5) Finally, the selling price:

Selling price= 2,531.5*1.75= $4,430.125

8 0

3 years ago

To satisfy the demands of the Indian market, Mary Kay developed the Mary Kay MelaCEP Whitening System, which contained seven pro

poizon [28]

Answer:

The correct answer is Product adaptation.

Explanation:

Product adaptation is the process by which it is modified so that it is well received by different customers or markets. An adaptation strategy is particularly important for companies that export their products, as they ensure that they meet the cultural and legislative demands of the country they are targeting.

Adaptation is also important for companies that want to introduce new products into new markets but do not have enough resources or means to develop completely new items.

6 0

3 years ago

What is the name of the document that authorizes the start of construction?

deff fn [24]

The name of the document is a notice to proceed.

6 0

3 years ago

Economists typically depict the ppf as a bowed out curve rather than as a straight line in order to show that_________.

denis23 [38]

Answer:

Economists typically depict the PPF as a bowed-out curve rather than as a straight line in order to show that the opportunity cost of producing one good rises as more goods are produced. Those points lying beyond the production possibility frontier (PPF) represent results which cannot be attained with the current level of technology and resources.

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3 years ago

What is the basic purpose of the consumer price index (CPI)? A. to track monthly changes in prices paid by urban consumers B. to

Elina [12.6K]

Answer:

A). to track monthly changes in prices paid by urban consumers.

Explanation:

CPI(Consumer Price Index) is characterized as 'a statistical estimate of the price level of goods and services bought by consumers for consumption purposes by the households.' It primarily aims to estimate the change or swap in the prices of the weighted average price of the common basket(consumption goods, as well as, services that the consumers pay for). It is calculated using the formula;

$CPI_{t} = \frac{C_{t} }{C_{0} } * 100$

where,

$CPI_{t}$ = current Consumer Price Index

$C_{t}$ = Current price basket

$C_{0}$ = Cost of price basket in the base year

It assists in deducing whether the average prices have received a fall or rise and determines inflation or deflation. Thus, <u>option A</u> is the correct answer.

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3 years ago