Most operating decisions of management focus on a narrow range of activity called the_____________

The following costs relate to Salad Box Company for a relevant range of up to 10,000 units annually: Variable Costs: Direct mate

Vadim26 [7]

Answer:

Equations best describes the equation to determine total profit for a sales volume: Total profit = $10.00X – ($4X + $30,000)

Explanation:

Total variable costs to produce 1 units = Direct materials + Direct labor + Manufacturing Overhead + Selling and administrative = $1.25 + $0.75 + $1.00 + $1.00 = $4 per unit

Fixed Costs = Manufacturing overhead + Selling and Administrative = $20,000 + $10,000 = $30,000

Box sells each unit for $10.00. X is the number of units are sold

Total profit = Sales revenue - (Total variable costs + Fixed Costs) = $10.00X – ($4X + $30,000)

3 0

1 year ago

Kunkel Company makes two products and uses a conventional costing system. A single plantwide predetermined overhead rate is comp

zysi [14]

Answer:

1) using conventional costing

unit cost mercon = $98

unit cost wurcon = $297

2) using ABC costing

unit cost mercon = $218

unit cost wurcon = $237

Explanation:

Mercon Wurcon

Direct materials cost per unit $8.00 $6.00

Direct labor cost per unit $10.00 $11.00

Direct labor-hours per unit 2.00 7.00

overhead rate applied $80 $280

Number of units produced 1,000 2,000

overhead rate = total overhead / total direct labor hours = $640,000 / 16,000 = $40

unit cost mercon = $8 + $10 + $80 = $98

unit cost wurcon = $6 + $11 + $280 = $297

using the ABC costing, overhead rate is only 50%

Mercon Wurcon

Direct materials cost per unit $8.00 $6.00

Direct labor cost per unit $10.00 $11.00

Direct labor-hours per unit 2.00 7.00

overhead rate applies $40 $140

Number of units produced 1,000 2,000

total engineering costs $160,000 $160,000

engineering cost per unit $160 $80

engineering cost per unit = $320,000 / 2,000 = $160

unit cost mercon = $8 + $10 + $40 + $160 = $218

unit cost wurcon = $6 + $11 + $140 + $80 = $237

7 0

2 years ago

The demand for grape-flavored Hubba Bubba bubble gum is likely a. inelastic because there are many close substitutes for grape-f

PolarNik [594]

Answer:

b.

hope this helps.

or maybe not.

3 0

1 year ago

City Equipment announced this morning that its next annual dividend will be decreased to $1.90 a share and that all future divid

FrozenT [24]

Answer:

$10.16

Explanation:

Calculation for What is the current value per share if the required return is 16.8 percent

Using this formula

Current value per share Decreased in Annual dividend/Decreased in future dividends +Required return

Let plug in the formula

Current value per share =$1.90/1.9 percent+16.8 percent

Current value per share =$1.90/0.187

Current value per share =$10.16

Therefore the current value per share if the required return is 16.8 percent will be $10.16

4 0

1 year ago

A store and a bank would both charge fees for _____.

horsena [70]

"Bouncing a check
When a check is deposited in a bank, or when it is written out to a store teller to ultimately deposit in the store bank, the funds are tracing back from an origin bank account. When the check bounces a fee is then charges by both the bank out of which the check is written (for non-sufficient funds) and by the payee. If the payee is a store they will often charge fees that are charged back to them by their bank of deposit."

7 0

2 years ago

Most operating decisions of management focus on a narrow range of activity called the______________.