subject
Business, 12.03.2020 03:27 thompsonmark0616

Iagan, Inc. has collected the following data. (There are no beginning inventories.) Units produced 600 units Sales price $ 150 per unit Direct materials $ 50 per unit Direct labor $ 11 per unit Variable manufacturing overhead $ 8 per unit Fixed manufacturing overhead $ 18 comma 600 per year Variable selling and administrative costs $ 5 per unit Fixed selling and administrative costs $ 11 comma 200 per year What is the ending balance in Finished Goods Inventory using variable costing if 500 units are sold? A. $ 6 comma 100 B. $ 5 comma 000 C. $ 1 comma 900 D. $ 6 comma 900

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 23:30
Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?
Answers: 1
question
Business, 22.06.2019 23:50
Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?
Answers: 1
question
Business, 23.06.2019 02:00
You are considering the purchase of one of two machines used in your manufacturing plant. machine 1 has a life of two years, costs $20,000 initially, and then $4,000 per year in maintenance costs. machine 2 costs $25,000 initially, has a life of three years, and requires $3,500 in annual maintenance costs. either machine must be replaced at the end of its life with an equivalent machine. using eac which is the better machine for the firm
Answers: 1
question
Business, 23.06.2019 21:00
Afood worker develops a headache during her shift at work. what is she required to do ? a. no action is required b.leave work as soon as possible c.report the symptom to her manager d. ask to be assigned to the drive through
Answers: 1
You know the right answer?
Iagan, Inc. has collected the following data. (There are no beginning inventories.) Units produced 6...
Questions