9. Material cost: 40/unit, Labor: 25/unit, Overheads: 30% of prime cost. Calculate: Total cost per unit.
Q: Hello tutor solve this question and accounting question
A: Answer:To compute operating leverage, we use the Degree of Operating Leverage (DOL) formula:DOL =…
Q: Please provide the answer to this general accounting question using the right approach.
A: Step 1: Definition of Absorption Costing Absorption costing is a method where all manufacturing…
Q: Calculate the ending inventory using the lower-of-cost-or-market method.
A: Concept of Lower-of-Cost-or-Market (LCM):The lower-of-cost-or-market method is a conservative…
Q: Financial Accounting Question please answer
A: Step 1: Define Profit Margin and Debt RatioProfit Margin shows how much of each dollar of revenue is…
Q: Financial Accounting
A: Step 1: Define Stockholders' Equity Stockholders' equity represents the residual interest in the…
Q: calculate the componys return on equity
A:
Q: Please explain the solution to this general accounting problem with accurate principles.
A: Step 1: Define Gross ProfitGross Profit is the amount remaining after subtracting the cost of goods…
Q: Zep Co. manufactures home appliances. During the most productive month of the year, 3,800…
A: Explanation of Variable Cost:Variable costs are expenses that change directly with the level of…
Q: Correct Answer
A: Provided Data:Cost of Goods Manufactured = $70,000Cost of Goods Sold = $76,000Finished Goods…
Q: Help me solve this financial accounting problem
A: Step 1: Definition of Debt-to-Equity RatioThe debt-to-equity ratio is a measure of a company's…
Q: How much sales could the firm have supported last year with its current level of fixed assets?
A: Identify Given DataTotal Assets = $800,000Sales (Actual Sales Last Year) = $2,200,000Fixed Assets =…
Q: What is the result of this disposal transaction ??
A: Provided Data:Original Cost of Machine = $92,000Accumulated Depreciation = $80,000Sale Price =…
Q: correct solution this accounting question
A: Step 1: Definition of Labor VariancesLabor Rate Variance (LRV) measures the difference between the…
Q: I need help with this problem and accounting question
A: Step 1: Definition of Return on Assets (ROA) Return on Assets (ROA) is a key financial metric that…
Q: Can you provide the accurate answer to this financial accounting question using correct methods?
A: Step 1: Define Effective Tax Rate on Corporate Earnings for ShareholdersThe effective tax rate…
Q: I am searching for the accurate solution to this general accounting problem with the right approach.
A: Step 1: Definition of Contribution Margin (CM) RatioThe Contribution Margin Ratio is a measure that…
Q: Can you explain the correct approach to solve this general accounting question?
A: Step 1: Definition of Applied OverheadApplied overhead is the amount of overhead cost assigned to…
Q: What amount of current liabilities does this firm have?
A: Explanation of Controllable costs:Controllable costs are expenses that a manager or department has…
Q: 4 POINTS
A: Explanation of Contractual Service Margin (CSM): The Contractual Service Margin is a key component…
Q: Please solve this General accounting questions step by step
A: Step 1: Define Accounts Receivable TurnoverThis ratio measures how efficiently a company collects…
Q: The charter of a corporation provides for the issuance of 250,000 shares of common stock. Assume…
A: Explanation of Authorized Shares:Authorized shares refer to the maximum number of shares that a…
Q: Please explain the correct approach for solving this general accounting question.
A: Step 1: DefinitionsConcept of Factory Overhead:Factory overhead (also called manufacturing overhead)…
Q: answer ? Financial accounting
A: Step 1: Determine the amount to be financedTotal cost of machinery = $600,000Cash paid upfront =…
Q: Please provide correct answer
A: Explanation of Sales: Sales represents the total revenue generated by a business from selling its…
Q: Subject: Financial Accounting
A: Provided Data:Book value of fixed assets = $240Appraised (market) value of fixed assets = $315Book…
Q: Can you help me solve this general accounting question using the correct accounting procedures?
A: Provided Data:Net Working Capital = $1,250Net Fixed Assets = $5,680Current Liabilities = $1,820Sales…
Q: Suppose Vanessa Sound had sales of $448,000 and sales returns of $52,000. Cost of goods sold was…
A: Explanation of Sales: Sales represents the total revenue generated from the company's primary…
Q: Question: In 2021, Bridgestone Spa reported revenue of $45,000. Total expenses for the year were…
A: Definition of Net Income:Net income is calculated as the difference between total revenue and total…
Q: Accounting
A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) is a profitability ratio that…
Q: Calculate o's net sales for this period
A: Explanation of Cash Sales: Cash sales represent transactions where customers pay for goods or…
Q: Can you explain the correct methodology to solve this general accounting problem?
A: Step 1: Operating Cash Flow (OCF)Operating Cash Flow (OCF) is a key financial metric that represents…
Q: Please provide the solution to this general accounting question using proper accounting principles.
A: Step 1: Definition of Degree of Operating Leverage (DOL)The Degree of Operating Leverage (DOL)…
Q: Doom Ltd uses predetermined overhead rates based on labor hours. The monthly budgeted overhead is…
A: 1. Calculate the Predetermined Overhead Rate:Predetermined Overhead Rate = Budgeted Overhead /…
Q: I need help finding the accurate solution to this general accounting problem with valid methods.
A: Step 1: Definition of Net Income Net income is the amount of profit left after all expenses have…
Q: Please explain the solution to this general accounting problem with accurate principles.
A: Step 1: Define Key RatiosDebt Ratio: Measures what portion of total assets is financed through…
Q: What is the correct answer with accounting question
A: Step 1: Definition of Predetermined Overhead RateThe Predetermined Overhead Rate (POHR) is a rate…
Q: General Accounting Question
A: Step 1: Define Variable Costing Operating IncomeVariable costing operating income is calculated by…
Q: Anderson Footwear Ltd. produces high-performance hiking boots. Each pair requires $34.80 in variable…
A: Step 1: DefinitionsConcept of Marginal Cost:Marginal cost refers to the additional cost incurred for…
Q: A retail store's cost of goods sold is $210,000, and its desired gross profit rate is 30% on sales.…
A: Explanation of Cost of Goods Sold (COGS):Cost of Goods Sold (COGS) refers to the direct costs…
Q: what is the percentage change in sales?
A: We are given:- DOL = 4.2- Percentage change in profits = 3%Now solve for **percentage change in…
Q: subject general accounting
A: Step 1: Definition of Debt-to-Equity RatioThe debt-to-equity ratio is a financial leverage ratio…
Q: Given the solution and accounting question
A: Step 1: Definition of Return on Equity (ROE)Return on Equity (ROE) measures how effectively a…
Q: Determine the missing amount
A: Explanation of Assets: Assets are economic resources owned or controlled by a business that provide…
Q: Vista Market Store's daily register records an opening float of $250. During the day, the store made…
A: Explanation of Opening Float:The opening float is the initial amount of cash placed in the register…
Q: I need help solving this general accounting question with the proper methodology.
A: Step 1: Definition of Break-even Point (in units)The break-even point in units refers to the exact…
Q: I am looking for the correct answer to this general accounting question with appropriate…
A: Given Information:Net Sales / Total Assets = 2.5 (this is the Asset Turnover)Return on Assets (ROA)…
Q: General accounting
A: To find the number of units that must be sold, use the formula:Required Units = (Fixed Costs +…
Q: General accounting question
A: Step 1: Definition of Degree of Operating Leverage (DOL) The Degree of Operating Leverage (DOL)…
Q: need help by real expert and true answer.cff
A: Given:Budgeted hours = 2,000Actual hours = 1,800Overhead rate = ₹20 per hourStep 1: Calculate…
Q: I need the correct answer to this financial accounting problem using the standard accounting…
A: Step 1: Definition of Contribution Margin and ProfitThe contribution margin is the difference…
Hi tutor need help by real expert and true answer.


Step by step
Solved in 2 steps

- need help by real expert and true answer.Which of the following is an example of a direct labor cost standard? A. 0.5 direct labor hours per unit B. $0.95 per square foot C. $40 per direct labor hour D. 50 square feet per unitWHICH OF THE FOLLOWING IS AN EXAMPLE OF A LABOR COST STANDARD? A. $40 PER DIRECT LABOR HOUR B. 50 SQUARE FEET PER UNIT C. $0.95 PER SQUARE FOOT D. 0.5 DIRECT LABOR HOURS PER UNIT
- The standard labor rate is $8 per hour. Standard labor allowed per unit is 0.6 hours. The actual cost per labor hour is $7.5 and the actual labor hour per unit is 0.7 hours. What is the standard labor cost per output unit? a. $4.8 b. $5.6 c. $4.5 d. $5.25What is the standard labor cost per output unit?Direct materials = $10 per unitDirect labor = $5 per unitVariable manufacturing overhead = $2 per unitFixed manufacturing overhead = $1,000Units produced is 1,000 units What is the cost per unit using the absorption method? What is the cost per unit using the variable method?
- Conversion cost per unit equals $6. Total materials costs equal $60,000. Equivalent units for materials are 12,000. How much is the total manufacturing cost per unit? A. $15 B. $11 C. $13 D. $14 MCQDirect material $0.10, Direct laber is $0.25, Variable Overhead is $0.10, Fixed overhead is $0.40 what is the fixed costs per unit, the total cost per unit, and gross margin if 1,600,000 units were produced?Which of the following types of cost is shown in the cost data below? Cost per Number of Unit Units $6,000 3,000 2,000 1,500 a. fixed cost b. mixed cost C. variable cost d. period cost 2. 3. 4.

