Answer:
The corrwct option is B
Explanation:
The USERRA is a federal statute that protects servicemen and veterans civilian employment rights. Under certain conditions USERRA requires employers to put individuals back to work after their military service
Manufacturing costs $ 448
Fixed overhead 50,400
Direct labor (per unit) 35
Direct materials (per unit) 112
Variable overhead (per unit) 70 (for the month)
Marketing and administrative costs
Fixed costs (for the month) 67,500
Variable costs (per unit) 14
Required:
Compute the following:____
1. Variable manufacturing cost per unit $217
2. Full cost per unit
3. Variable cost per unit
4. Full absorption cost per unit.
5. Prime cost per unit.
6, Conversion cost per unit.
7. Profit margin per unit
8. Contribution margin per unit
9. Gross margin per unit
Answer:
Results are below.
Explanation:
Giving the following information:
Units produced and sold= 900
Sales price (per unit) $448
Manufacturing costs:
Fixed overhead 50,400
Direct labor (per unit) 35
Direct materials (per unit) 112
Variable overhead (per unit) 70 (for the month)
Marketing and administrative costs:
Fixed costs (for the month) 67,500
Variable costs (per unit) 14
a. Variable manufacturing cost= 35 + 112 + 70= $217
b. Total cost:
Total variable cost= (217 + 14)*900= 207,900
Total fixed cost= 50,400 + 67,500= 117,900
Total cost= $325,800
Total cost per unit= 325,800/900= $362
c. Total variable cost= 217 + 14= $231
d. The absorption costing method includes all costs related to production, both fixed and variable.
Absorption cost= 217 + (50,400/900)= $273
e. Prime cost= direct material + direct labor
Prime cost= 112 + 35= $147
f. Conversion cost= direct labor + unitary variable overhead
Conversion cost= 35 + 70= $105
g. Profit margin= selling price - total unitary cost
Profit margin= 448 - 362= $86
h. Contribution margin per unit= selling price - total unitary variable cost
Contribution margin per unit= 448 - 231= $217
j. Gross margin per unit= Selling price - absorption cost per unit
Gross margin per unit= 448 - 273= $175
The computations show that Columbia Products incurs a loss per unit sold and that manufacturing costs and overheads figure significantly into the total cost per unit. The company needs to increase sales price or decrease costs to attain a positive profit margin.
Here's how to calculate the required costs:
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Materials handling $72,000 Number of moves 3,000
Engineering 165,000 Number of change orders 10,000
Other overhead 280,000 Direct labor hours 50,000
Heitger worked on four jobs in July. Data are as follows:
Job 13-43 Job 13-44 Job 13-45 Job 13-46
Beginning balance $20,300 $19,800 $2,300 $0
Direct materials $6,500 $8,900 $12,700 $9,800
Direct labor cost $18,000 $20,000 $32,000 $2,400
Number of moves 44 52 29 5
Number of change orders 30 40 20 20
Direct labor hours 900 1,000 1,600 120
By July 31, Jobs 13-43 and 13-44 were completed and sold. Jobs 13-45 and 13-46 were still in process.
Required:
1. Calculate the activity rates for each of the three overhead activities.
2. Prepare job-order cost sheets for each job showing all costs through July 31.
3. Calculate the balance in Work in Process on July 31.
4. Calculate the cost of goods sold for July.
5. What if Job 13-46 required no engineering change orders? What is the new cost of Job 13-46? How would the cost of other jobs be affected?
Answer:
Kindly check attached picture
Explanation:
1. Calculate the activity rates for each of the three overhead activities.
2. Prepare job-order cost sheets for each job showing all costs through July 31.
3. Calculate the balance in Work in Process on July 31.
4. Calculate the cost of goods sold for July.
5. What if Job 13-46 required no engineering change orders? What is the new cost of Job 13-46? How would the cost of other jobs be affected?
Kindly check attached picture for detailed explanation
This solution calculates the activity rates for three overhead activities, creates job-order cost sheets for four jobs, computes the Work in Process balance and Cost of Goods sold for July, and analysis the impact on job costs if there were no engineering changes for one job.
Firstly, to calculate the activity rates for each of the overhead activities, you need to divide the activity cost driver by the number amount of driver. For Materials handling, this gives us 72,000 / 3,000 = $24 per move; for Engineering, we get 165,000 / 10,000 = $16.5 per change order; and for Other overhead, the calculation gives 280,000 / 50,000 = $5.6 per direct labor hour.
For the job-order cost sheets, you add up all the costs - direct materials, direct labor, and overhead costs. The overhead costs are calculated based on the activity rates we calculated earlier multiplied by the number of drivers. The total for each category is then summed to provide the total cost for each job.
The balance in Work in Process on July 31st is calculated by adding the costs for all uncompleted jobs - which from the data supplied is jobs 13-45 and 13-46.
Cost of Goods Sold (COGS) for July includes costs of all jobs sold in July. As per the supplied data, jobs 13-43 and 13-44 were completed and sold in July. Hence, the costs of these two jobs are added to get COGS.
Lastly, if Job 13-46 required no engineering change orders, the engineering costs for that job would be eliminated, leading to a reduction in the total cost of that job. This would have no effect on the cost of other jobs as costs are allocated based on activity, not spread evenly across all jobs.
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Answer:
PV= $2,106.18
Explanation:
Giving the following information:
Annual payment= $500
Number of periods= 5 years
Interest rate= 6%
To calculate the present value, first, we need to determine the future value:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {500*[(1.06^5) - 1]} / 0.06
FV= $2,818.55
Now, the present value:
PV= FV/(1+i)^n
PV= 2,818.55/1.06^5
PV= $2,106.18
The present value of a $500 payment received at the end of each of the next five years at an appropriate discount rate of 6 percent is approximately $2,106.
The question you asked involves the concept of calculating the present value of a series of future payments, also known as an annuity. The present value of an annuity can be determined using the formula:
PV = PMT * [(1 - (1 + r)^-n)/r]
where 'PV' is the present value, 'PMT' is the periodic payment, 'r' is the discount rate (as a decimal), and 'n' is the number of periods.
Plugging in the values from your question we get:
PV = 500 * [(1 - (1 + 0.06)^-5) /0.06]
This will give us the present value of the cash flows. Thus, the present value for a $500 payment received at the end of each of the next five years, worth to you today at the appropriate discount rate of 6 percent is $2,106.
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Answer:
Tax Liability = $59,170
Explanation:
Profit on building = 234,000-(204,000-56,000)
Profit on building = $86,000
Loss on equipment = 84,000 - (152,000-27,000)
Loss on equipment = $41,000
Net profit = Profit on building - Loss on equipment
Net profit = $86,000 - $41,000
Net profit = $45,000
Taxable income before transaction = $194,500
Total taxable income = $194,500 + $45,000
Total taxable income = $239,500
According to tax rules
Tax Liability = ($194,500 - $85,650)28% + 17,442 + ($45,000)(25%)
Tax Liability = $47,920 + $11,250
Tax Liability = $59,170
cash from the company
team member skills
problems the team encounters
the finished product
According to the project resources that can be managed are buildings the company owns, cash from the company, and team member skills.
Project resources are components required for the proper completion of a project.
They include people, equipment, money, time, and knowledge - in short, whatever you would need from project planning through project delivery.
These are divided into three categories: work, materials, and expenses.
The project manager defines resource needs to determine the resources required to complete the project's task.
Therefore, the correct option is as follows:
To know more about the project resources, visit:
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Answer: 1,2,3
Explanation:
Answer:
11.2
Explanation:
Your formula would be I = Overall market increased * Beta
"I" being Fords increase
so just plug in and solve
So your volatility would be 11.2