Business, 22.12.2021 06:30 isaaccott013
The following are Silver Corporation's unit costs of making and selling an item at a volume of 7,800 units per month (which represents the company's capacity): Manufacturing: Direct materials $ 1.70 Direct labor $ 2.70 Variable overhead $ 1.20 Fixed overhead $ 0.75 Selling and administrative: Variable $ 2.70 Fixed $ 1.15 Present sales amount to 6,100 units per month. An order has been received from a customer in a foreign market for 1,700 units. The order would not affect regular sales. Total fixed costs, both manufacturing and selling and administrative, would not be affected by this order. The variable selling and administrative costs would have to be incurred for this special order as well as all other sales. Assume that direct labor is a variable cost. Assume the company has 85 units left over from last year which have small defects and which will have to be sold at a reduced price for scrap. The sale of these defective units will have no effect on the company's other sales. Which of the following costs is relevant in this decision?A. $6.35 unit product cost B. $5.60 variable manufacturing cost C. $10.20 full cost D. $2.70 variable selling and administrative cost
Answers: 2
Another question on Business
Business, 21.06.2019 16:40
Dollywood corporation accumulates the following data concerning a mixed cost, using miles as the activity level. miles driven total cost january 10,000 $16,500 february 8,000 $14,500 march 9,000 $12,500 april 7,000 $12,000 compute the variable and fixed cost elements using the high-low method
Answers: 3
Business, 22.06.2019 16:50
Identify and describe a variety of performance rating scales that can be used in organizations including graphical scales, letter scales, and numeric scales.
Answers: 2
Business, 22.06.2019 18:10
Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?
Answers: 1
Business, 23.06.2019 02:20
Required information lansing company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at december 31, 2016 and 2017, follow. lansing company income statement for year ended december 31, 2017 sales revenue $130,200 expenses cost of goods sold 53,000 depreciation expense 17,500 salaries expense 29,000 rent expense 10,100 insurance expense 4,900 interest expense 4,700 utilities expense 3,900 net income $7,100 lansing company selected balance sheet accounts at december 31 2017 2016 accounts receivable $6,700 $8,000 inventory 3,080 2,090 accounts payable 5,500 6,800 salaries payable 1,100 810 utilities payable 440 270 prepaid insurance 370 500 prepaid rent 440 290 required: prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (amounts to be deducted should be indicated with a minus sign.)
Answers: 1
You know the right answer?
The following are Silver Corporation's unit costs of making and selling an item at a volume of 7,800...
Questions
Computers and Technology, 15.04.2020 01:23
Mathematics, 15.04.2020 01:23
