Based on the information given, it should be noted that the variable cost per unit will be $14.
The variable cost per unit will be:
= Direct materials + Direct labor + Variable manufacturing overhead + Sales commission + Variable administrative expenses
= 7 + 4 + 1.5 + 1 + 0.5
= 14
The total amount of variable cost will be:
= 14 × 18000
= $252000
When 22,000 units are produced and sold, the total amount of variable cost will be:
= 22000 × 14 = $308000
The average fixed cost manufacturing cost per unit will be:
= (20000 × 5)/18000
= 5.56
When 22,000 units are produced, the average fixed manufacturing cost per unit produced will be:
= (20000 × 5)/22000
= 4.55
The total amount of fixed manufacturing overhead incurred will be:
= 20000 × 5
= $100000.
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Answer:
1) total variable cost per unit $14
2) total variable cost per unit $14
3) total variable cost = $14 x 18,000 = $252,000
4) total variable cost = $14 x 22,000 = $308,000
5) average fixed manufacturing cost = $100,000 / 18,000 units = $5.56 per unit
6) average fixed manufacturing cost = $100,000 / 22,000 units = $4.55 per unit
7) total fixed manufacturing overhead = $100,000
8) total fixed manufacturing overhead = $100,000
Explanation:
The company's variable costs for producing 20,000 units
The company's variable costs for producing 20,000 units
B) rise, then fall in a predictable fashion.
C) tend to follow trends.
D) cannot be predicted based on past trends
Answer:
D) cannot be predicted based on past trends
Explanation:
The concept of a "random walk" in stock prices suggests that future stock price movements are not influenced by past price movements. In other words, the movement of stock prices is unpredictable and not tied to any specific pattern or trend. This means that attempting to predict future stock prices based on past trends or patterns would be futile.
Stock prices following a random walk means that they cannot be predicted based on past trends.
The correct answer is D) cannot be predicted based on past trends. When we say that stock prices follow a "random walk," we mean that they move in an unpredictable and random manner, making it difficult to forecast future price movements based on historical data. This concept is based on the efficient market hypothesis, which assumes that stock prices reflect all available information, and any new information that comes out will be randomly incorporated into stock prices.
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Answer:
$1.5
Explanation:
9 divided by 6 is 1.5