give me the indirect cash flow for manufacturing overhead of $90
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give me the indirect
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- General Accounting SubjectLet S represent the amount of steel produced (in tons). Steel production is related to the amount of labor used (L) and the amount of capital used (C) by the following function: S = 20 L0.30 C 0.70 In this formula L represents the units of labor input and C the units of capital input. Each unit of labor costs $50, and each unit of capital costs $100. (a) Formulate an optimization problem that will determine how much labor and capital are needed in order to produce 50,000 tons of steel at minimum cost. If your answer is zero, enter “0”. Min L + C s.t. L0.30 C 0.70 L, C (b) Solve the optimization problem you formulated in part a. Hint: When using Excel Solver, start with an initial L > 0 and C > 0. Do not round intermediate calculations. Round your answers to the nearest whole number. L = C = Cost = $Assuming that the direct materials used are $1,500,000, compute the total manufacturing costs using the following information.
- Next, fill in average total cost in the table. (Enter your responses as real numbers rounded to two decimal places.) Labor Capital Output Total Cost Average Total Cost 0 1 0 $500 - 1 1 80 720 $nothing 2 1 240 940 nothing 3 1 320 1,160 nothing 4 1 360 1,380 nothing 5 1 380 1,600 nothingAssume that the linear cost and revenue models apply. An item costs $13 to make. If fixed costs are $1600 and profits are $5700 when 100 items are made and sold, find the revenue equation. (Let x be the number of items.)R(x) =Give true answer this general accounting question
- The "x" in the overhead cost equation, y = $5.50x + $92,000, represents which of the following? total overhead costs. the variable costs. total fixed costs. the cost driver in units.provide financial account optionsCompute the profit or loss on the job in (a) dollars and (b) as a percentage of the bid price. Express labor plus overhead as a percentage of total costs. (Round to one decimal place.)
