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Alexeev081 [22]
3 years ago
6

A company makes bikes from recycled metal. For a recent job lot of 200 bikes, the company incurred direct materials costs of $6,

000 and direct labor costs of $2,000. Factory overhead applied to this job is $9,000. What is the cost per bike
Business
1 answer:
uranmaximum [27]3 years ago
8 0

Based on the number of bikes produced and the costs incurred, the cost per bike would be<u> $85 per bike. </u>

First find the total cost of producing all the bikes.

<h3>Total cost of production </h3>

= Direct materials + Direct labor + Factory overhead

= 6,000 + 2,000 + 9,000

= $17,000

<h3>What is the cost per Bike?</h3>

= Total cost of production / Number of bikes

= 17,000 / 200

= 85 bikes

In conclusion, it was $85 per bike.

Find out more on cost per unit at brainly.com/question/23700866.

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_____ create computer programs by using their knowledge of computer science, math, and other disciplines. Select the choice that
Burka [1]

Answer:

B. Software designers

Explanation:

Software designers create new ideas and develop them into user-friendly computer software. They are also known as software developers. They apply computer coding and programming skill to perform their functions. Software designers create computer games, operating systems, and other software programs. They also design programs customized to meet specific customer requirements.

8 0
3 years ago
Gordon Industries has 6 percent coupon bonds outstanding with a face value of $1,000 and a market price of $959.21. The bonds pa
salantis [7]

At the current interest rate of 6.5%, the bonds will mature in 12 years.

CALCULATIONS:

RATE= 6.5%                

PMT= 1000$*6% = 60$                

PV= 959.21$

FV= 1000$                

NO. OF YEARS TO MATURE= NPER(rate, pmt, -pv,fv,0)

                                                =NPER(6.5%,60$,-959.21$,1000$,0)

                                                 =12 YEARS

A coupon bond, also known as a bearer bond or bond coupon, is a debt obligation that includes semiannual interest coupons. The issuer keeps no record of coupon bond purchasers, and the purchaser's name is not printed on any kind of certificate. Between the time the bond is issued and the time it matures, bondholders receive these coupons.

Coupons are typically described in terms of the coupon rate, which is the yield paid on the date of issuance by a coupon bond. The interest rate on the coupon is subject to change. The coupon rate is calculated by adding all of the annual coupons and dividing the total by the bond's face value.

Learn more about coupon bonds here:

brainly.com/question/14746407

#SPJ4

8 0
2 years ago
Which factor plays the biggest role in motivating economic decisions in a traditional economy?
kvasek [131]

Answer:

These are the answer choices for the question:

A. Cooperation between governments and citizens

B. Commitment to maintaining long-standing customs

C. Corruption in the leadership of powerful groups

D. Competition between different businesses

And this is the correct answer choice:

B. Commitment to maintaining long-standing customs

Explanation:

Traditional economies are economies that have not yet industrialized, that tend to be small-scale, and that give great weight to traditions when taking economic decisions, precisely.

Examples of traditional economies can be seen in nomadic, semi-nomadic, and pastoralist peoples, who often lack enough economic complexity to become large populations with complex poltiical and economic institutions.

In these societies, economic decisions may be guided more by the insight of a leader, than by economic rationality per se, as long as the bare minimum needs for survival are met beforehand.

8 0
3 years ago
Read 2 more answers
Problems and applications q6 darnell loves playing rock 'n' roll music at high volume. jacques loves opera and hates rock 'n' ro
mafiozo [28]

Answer:

false

Explanation:

The Coase theorem states that parties in dispute should seek an optimal solution to their problem regardless of how property rights were initially distributed.

In this case, you need to find an agreement that satisfies both Darnell and Jacques regardless of who initially would have been considered to be right about the argument. Conflicts over rights to use property can be solved when parties settle on the efficient use of inputs. E.g. they could establish hours at which Darnell can listen to rock n' roll, and other hours when he shouldn't. That way both of them can enjoy the music they like and not bother the neighbors.

An optimal solution can always be reached regardless of initial distribution of rights.

7 0
4 years ago
Why is social service a more respectable job?​
olga55 [171]

Answer:

they provide public services

Explanation:

6 0
3 years ago
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