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Answer:
$22,750
Explanation:
Data provided
Fixed manufacturing overhead = $16,500
Units produced = 5,000
Variable manufacturing overhead = $1.25
The computation of the total amount of manufacturing overhead cost is shown below:-
Manufacturing overhead = Fixed manufacturing overhead + Variable manufacturing overhead
= $16,500 + (5,000 × $1.25)
= $16,500 + $6,250
= $22,750
Answer:
It is 16.9
Explanation:
Operating cycle = Inventory turnover + Receivable turn over - payable turnover
Hence, Operating cycle = 7.3+9.6
=16.9
Operating cycle implies how long it takes us to convert entire production process to cash .
It has an direct relationship with the level of working capital required. The higher the operating cycle, the higher the working capital investment required to keep the operation running.
A cash driven businesses like restaurant which hardly sell on credit will certainly have shorter operating cycle compared to a manufacturing company.
The finances of businesses involve several things, including:
- Revenue and profit.
- Costs and expenses.
- Budgets.
<h3>What are some components of finance in business?</h3>
The financial aspect of a business is hugely important to the success of the business because it involves making a profit which is the sole purpose of business.
In order to be successful in business, one needs a good financial plan. This plan will predict the revenue that the company should be earning in order to make profit.
It should also include the various costs and expenses that the business will incur as it engages in business. This financial plan usually comes in the form of a budget which provides ideas on how a business should spend money.
Note: Question was incomplete so a general overview of business finance was given.
Find out more on business finance at brainly.com/question/1265337.
