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natali 33 [55]
3 years ago
8

Under absorption costing, a company had the following unit costs when 8,000 units were produced. Compute the total production co

st per unit under variable costing if 20,000 units had been produced. Direct labor $8.50 per unit Direct material $9.00 per unit Variable overhead $6.75 per unit Fixed overhead ($60,000/8,000 units) $7.50 per unitCompute the total production cost per unit under variable costing if 20,000 units had been produced. a. $26.25 b. $27.25 c. $24.25 d. $31.75 e. $17.50
Business
1 answer:
Volgvan3 years ago
3 0

Answer:

d. $31.75

Explanation:

Computation for the total production cost per unit

Direct labor $8.50 per unit

Direct material $9.00 per unit

Variable overhead $6.75 per unit

Fixed overhead ($60,000/8,000 units) $7.50 per unit

Total production cost per unit $31.75

($8.50 + $6.75 + $9.00 + $7.50)

Therefore the total production cost per unit under variable costing if 20,000 units had been produced will be $31.75

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Answer:

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Explanation:

Giving the following information:

Cash flow= $75,000

Interest rate= 0.0525

n= 20

First, we need to calculate the final value. We will use the following formula:

FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}

A= annual cash flow

FV= {75,000*[(1.0525^20) - 1]/0.0525} + {[75,000*(1.0525^20)] - 75,000}

FV= 2,546,491.88 + 133,690.82= $2,680,182.70

Now, the present value:

PV= FV/(1+i)^n

PV= 2,680,182.70/(1.0525^20)

PV= $963,212.95

4 0
3 years ago
Explain whether each of the following events shifts the short-run aggregate-supply curve, the aggregate-demand curve, both, and
ruslelena [56]

Answer:

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2. Florida orange groves suffer a prolonged period of below-freezing temperatures. - Short-run Aggregate Supply Curve

With the Florida Orange Groves suffering from below freezing temperatures, the oranges will not grow as much leading to a poor harvest. This will reduce the supply of oranges in the economy and shift the short-run Aggregate supply curve left.

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With less people in the Economy, there will be less people spending on goods and services which will cause the Aggregate Demand curve to shift to the left.

Also with people leaving the country, the labor force will decrease which will mean that less people are available to produce goods and services so the short-run Aggregate supply curve will shift left.

6 0
3 years ago
Why does a business owner lower the price of products that are not selling quickly?
zhenek [66]
So people will want to buy it. The owner will still gain money but not as much if the products had sold to begin with
4 0
3 years ago
Suppose Kitchen HelpersKitchen Helpers manufactures cast iron skillets. One model is a​ 10-inch skillet that sells for $36. Kitc
9966 [12]

Answer:

The budgeted gross profit for July is $ 11,000.

Explanation:

total cost of goods sold per july = $8,800

total units sales = $ 550

cost of goods sold for unit = $16

budgeted sale per unit is = $36

budgeted gross profit for unit = selling price - cost of goods sold

                                                  = $36 - $16

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= $ 11,000

Therefore, The budgeted gross profit for July is $ 11,000.

3 0
3 years ago
Information for Pidris Metalworks as of December 31 follows. Prepare (a) the company's schedule of cost of goods manufactured fo
Julli [10]

Answer: hello your question is incomplete attached below is the missing data. ( first image )

answer:

Attached below

Explanation:

A) company's schedule of cost of goods manufactured for year ended

attached below is the required schedule ( second Image )

B) Company's income statement

attached below is the company's income statement ( Image 3 and 4 )

7 0
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