answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Galina-37 [17]
2 years ago
5

Friday Night, Inc. manufactures high-quality 5-liter boxes of wine which it sells for $14 per box. Below is some information rel

ated to Friday Night's capacity and budgeted fixed manufacturing costs for 2019:
Budgeted Fixed Days of Hours of
Denominator-Level Manufacturing Production Production Boxes
Capacity Concept Overhead per Period per Period per Day per Hour
Theoretical capacity $4,000,000 362 22 300
Practical capacity $4,000,000 310 16 250
Normal capacity $4,000,000 310 16 175
Master budget capacity $4,000,000 310 16 200
Production during 2019 was 990,000 boxes of wine, with 15,000 remaining in ending inventory at 12/31/19. Actual variable manufacturing costs were $1,762,200 (there are no variable cost variances). Actual fixed manufacturing overhead costs were $4,000,000, the same as budgeted. What is the total cost per unit (box of wine) when practical capacity is used?
a. $3.45
b. $5.01
c. $5.81
d. $6.39
Business
1 answer:
Setler [38]2 years ago
7 0

Answer:

b. $5.01

Explanation:

practical capacity = 310 x 16 x 250 = 1,240,000 boxes of wine per year

fixed overhead costs = $4,000,000 / 1,240,000 = $3.23 per box of wine

variable manufacturing costs = $1,762,200 / 990,000 = $1.78 per box of wine

total production costs per unit when practical capacity is used = $3.23 + $1.78 = $5.01 per box of wine

You might be interested in
Your Task Revise the following sentences to emphasize the perspective of the audience and the "you" view.
zzz [600]

Answer:

Using the ''You'' view means that the audience is made the subject of the correspondence. This makes the message more effective as the audience will see it from their perspective.

You will issued a new chip-enabled credit cards to replace expired or lost cards and prevent increasingly costly pay-outs resulting from fraud.

With a new schedule of low-cost, any-day flights, you can now fly to Hawaii whenever you want.

Should you wish to rent power equipment, you must demonstrate your proficiency in its use.

Employees are requested to complete the attached online survey by April 1 to enable the development of master schedule to efficiently manage your summer vacations.

Your content can now be shared, liked and subscribed to via the new free app, Fan Boosters.

You can now save costs on the location of your training class by having a customized class for your employees right in your own building.

You can now only receive store credit for returned merchandise.

3 0
2 years ago
Jake has been asked to help test the business continuity plan at an offsite location while the system at the main location is sh
Xelga [282]

Answer: a. True

Explanation: A parallel test invovles bringing the recovery site to a state of operational readiness, but maintaining operations at the primary site

8 0
2 years ago
Read 2 more answers
Protec Company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is
taurus [48]

Answer:

The correct answer is 8.23%.

Explanation:

According to the scenario, the computation can be done as:

WACC of debt = Respective costs of debt× Respective weight of debt

= (0.4 × 5)

= 2

WACC of preferred = Respective costs of preferred × Respective weight of preferred

= (0.15 × 7)

= 1.05

WACC of common equity = Respective costs of common equity × Respective weight of retained earning

= (0.45 × 11.5)

= 5.175

So, Total WACC = WACC of debt + WACC of preferred + WACC of common equity

= 2 + 1.05 + 5.175

= 8.225 or 8.23 (approx.)

3 0
2 years ago
Jeremy is studying the effects of income on the demand for Greek ceramics. If "ceteris paribus" is used, which factors would be
aliya0001 [1]

Answer:

B) all factors affecting demand, except income

Explanation:

Ceteris paribus can be used to identify the relationship between two specific variables, while leaving all other factors constant. In this case, since Jeremy is studying the effects of income on the demand (of anything really, not only Greek ceramics), it should affect all factors affecting demand except income. Jeremy is going to analyze how the quantity demanded changes when the income changes, all other things constant.

8 0
2 years ago
Five years ago, Weed Go Inc. earned $1.50 per share. Its earnings this year were $3.20. What was the growth rate in earnings per
podryga [215]

Answer:

Option C 16.36% is correct.

Explanation:

We can find the growth using the following growth formula:

g = (Earning per share today / Earning per share n years ago)^(1/5)  - 1

EPS of this year is $3.2 per share and 5 ago was $1.5 per share.

So by putting values we have:

g = (3.2 / 1.5) ^(1/5)  - 1  = 16.36%

The right option is C.

7 0
2 years ago
Other questions:
  • John
    7·1 answer
  • When a soft drink company introduced a new peach-flavored drink in a market saturated with colas, it immediately found favor wit
    14·1 answer
  • There are two primary rules of thumb for deciding if intellectual property protection should be pursued for a particular intelle
    7·1 answer
  • In 2010, a particular Japanese imported automobile sold for 1,476,000 yen or $8,200. If the car still sells for the same amount
    6·1 answer
  • Carter Industries has two divisions: the West Division and the East Division. Information relating to the divisions for the year
    14·1 answer
  • Use your knowledge of the different concepts related to the communication process to classify the following statement or situati
    7·1 answer
  • Last year the imaginary country of Basova had a population of 10,000, 6,000 people worked 8 hours a day, and produced a real GDP
    10·1 answer
  • Suppose it is discovered that the first zurvanites were influenced more by indian than by babylonian conceptions of cyclical tim
    12·1 answer
  • If nearly 28% of Cashland's citizens under the age of 65 are without healthcare and an advocacy group convinces its current admi
    8·1 answer
  • National Family Opinion (NFO) contacts several hundred members of its consumer panel and provides them with a printed descriptio
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!