Answer:
Actual unitary variable cost= $59.2
Explanation:
Giving the following information:
Your company is reviewing a project with estimated labor costs of $20.20 per unit and estimated raw material costs of $36.18 a unit.
F<u>irst, we need to calculate the estimated total unitary variable cost:</u>
Unitary variable cost= 20.2 + 36.18= $56.38
<u>Now, the actual variable cost:</u>
Actual unitary variable cost= 56.38*1.05
Actual unitary variable cost= $59.2
Answer:
The correct answer is letter "B": appraisal cost.
Explanation:
Appraisal costs are the expenditures incurred by a company as part of the quality control process. Those fees are paid for the inspection of the products being sold before they each end-users so defects can be detected if there is any. Providing customers with faulty goods can cause the company being imposed lawsuits or penalties that end up being more expensive than appraisal costs.
The unit product cost is $50.
Variable costs per unit,
Manufacturing:
Direct materials $ 6
Direct labor $ 9
Variable manufacturing overhead $ 3
Variable selling and administrative $ 4
Fixed costs per year:
Fixed manufacturing overhead $ 300.000
Fixed selling and administrative $ 190.000.
During the year, the company produced 25,000 units and sold 20,000 units. The selling price of the company's product is $50 per unit.
Full Cost per unit: It is the sum of all the costs related to the production of a product. It comprises Variable Costs, Fixed Costs, Manufacturing costs Mixed Costs, etc. It is calculated by the sum of all the Costs related to the product by the number of units produced. Income statement: All companies in order to calculate net profit or net loss prepare an income statement. The income statement is one of the important financial statements.
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Answer: the modification adds distinct goods or services at a price that reflects their stand-alone selling price.
Explanation:
When multiple goods or services are offered in the same contract they are not usually given their standalone price but rather a contract price that is less as a form of discount for getting all the goods at the same time.
When a modification is added however, that reflects the standalone price of goods added, the contract has to account for the contract modification because there are now multiple pricing conventions and this needs to be accounted for.
In putting in so much effort to find out about his competition and the products they offer, Dakari is most likely a. evaluating opportunities
There are several ways to learn about new opportunities in the market and some of them include:
- Finding out what your customers want
- Finding out what the trends your industry is moving towards
- Finding out what your competitors are up to
Your competitors will constantly be trying to make better products in order to capture more market share. You can therefore look at what they are doing to find out what new thing you can be doing.
This is what Mr. Dakari is doing so we can conclude that he is evaluating opportunities.
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