Answer:
Direct Materials $ 14*20,000 = $ 28000
Direct Labor $ 14*1.9* 20,000 = $ 532,000
Variable Overhead $
14*1.9*1.2*20,000 = $ 638400
Fixed Overhead $
14*1.9*1.8*20,000 = $957600
Total Manufacturing Cost $ = 2156000
Less: Ending Inventory $ 107.8*730 = 78649
Cost of Goods Sold $2077306
Working:
Total Manufacturing Cost $ per unit = 2156000/ 20,000= 107.8 $
Ending Inventory $ 107.8*730 = 78649
Answer:
designing information systems
Explanation:
knowledge management system are system designed to managed the knowledge of a company. The design of IT Systems is not under it scope.
Answer:
$1476.71
Explanation:
Formula = pmt(((1+r)^n)-1)/I
I = nominal interest rate
Pmt = dollar amount
r = interest rate
N = number of period
4930 = pmt(((1 +0.109)^3)-1)/0.109
4930 = pmt(1.109^3)-1/0.109
4930 = pmt(1.3639-1)/0.109
4930 = pmt(0.3638/0.109)
4930 = pmt3.3385
Pmt = 4930/3 3385
= $1476.71
Richard miller would have to save $1476.71
The number of parts used for the wheels is,
(300,000 wheels) x (2 parts/wheel) = 600,000
For the seats,
(600,000 seats) x (3 parts/seat) = 1,800,00
From the calculation above, the ratio of wheels to total number of parts is 0.25 which means that the overhead allocated for the wheels should be equal to $165,000. The rest of the money should be for Sam, totaling to $495,000.
