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vodomira
2 months ago
15

Anderson Corporation has provided the following production and average cost data for two levels of monthly production volume. Th

e company produces a single product. Production volume 4,000 units 5,000 units Direct materials $99.20 per unit $99.20 per unit Direct labor $45.50 per unit $45.50 per unit Manufacturing overhead $94.00 per unit $77.60 per unit The best estimate of the total monthly fixed manufacturing cost is _______.
Business
1 answer:
marusya05 [3.7K]2 months ago
5 0

Answer:

The overall fixed monthly manufacturing expense totals $328,000.

Explanation:

For a production of 4000 units, direct material costs amount to $99.2 per unit, direct labor costs stand at $45.5 per unit, and manufacturing overhead costs equal $94.

For a production of 5000 units, direct materials remain at $99.2 per unit, direct labor is $45.5, and manufacturing overhead costs adjust to $77.6.

Total overhead for 4,000 units

= 4,000\ \times\ 94

= $376,000

Total overhead for 5,000 units

= 5,000\ \times\ 77.6

= $388,000

The variable cost per unit

= \frac{388,000\ -\ 376,000}{1,000}

= $12 per unit

Fixed costs

= Total expenses - Total variable costs

= 388,000\ -\ (5,000\ \times\ 12)

= $328,000

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A ____________ encompasses all activities associated with the flow and transformation of goods from the raw material stage, thro
soldi70 [3635]

Answer:

The accurate choice is the second option: Supply Chain.

Explanation:

Essentially, the term "Supply Chain" in the business context signifies the entire sequence of processes that a product undergoes from inception to the point of sale to the final customer, who effectively completes the cycle. Furthermore, this concept incorporates the various firms involved in the overall production of the item, thereby encompassing all operations associated with the movement and conversion of the product.

8 0
3 months ago
Trompenaars found that a(n) _____ organizational culture is common in countries such as Turkey, Pakistan, Venezuela, China, Hong
Free_Kalibri [3773]

Answer:

Letter B is the correct option. Family.

Explanation:

Alfons Trompenaars, a prominent Dutch author and consultant in intercultural communication, categorized organizational cultures into four types: family, Eiffel Tower, guided missile, and incubator. Countries like Turkey, Pakistan, Venezuela, China, Hong Kong, and Singapore primarily exhibit family culture.

Family culture is characterized by an organizational landscape that prioritizes power dynamics and hierarchy, featuring a charismatic leader regarded as a nurturing family member by employees who believes in the well-being of their team.

3 0
2 months ago
Which of the following actions will likely cause a project to fail?
Nady [3600]

Answer:

The answer is option "C": ambiguous or conflicting expectations from stakeholders.

Explanation:

To ensure a project is successful, it is essential to understand the expectations of the company owners. If not, the team tasked with executing the project won't have a clear direction, enhancing the risk of project failure.

6 0
2 months ago
The Bella Capri runs as an Italian restaurant that specializes in freshly prepared cooked meals. It is located in premises on a
Scilla [3833]

Answer:

The result is $1000.

Explanation:

Fixed costs are defined as expenses that remain unchanged regardless of the services provided or goods produced.

Following this definition, we can determine that the price of $16 per meal and the $4 ingredient costs are not considered fixed costs. Other expenses like lighting, heating, and fuel fluctuate according to utilization and therefore are variable.

However, the other costs mentioned in the query can be classified as fixed costs since they do not vary with the number of customers or the quantity of food prepared.

Thus, the weekly fixed costs for Bella Capri amount to $250 + $150 + $600 = $1000.

I hope this clarifies your question.

6 0
2 months ago
David N. gets $3 per week as an allowance to spend any way he pleases. Because he likes only peanut butter and jelly sandwiches,
Nady [3600]

Response:

The answer to the question is provided below.

Analysis:

(a) What quantities of peanut butter and jelly will David purchase with his $3 weekly allowance?

It is stated that David prefers 2 ounces of peanut butter for each ounce of jelly, thus

2Pb = J, and the budget constraint can be expressed as 0.05Pb + 0.1J = 3.

Using substitution,

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30(0.05) + 15(0.10) = 3

(b) If the cost of jelly rises to $0.15 per ounce, what quantities of each item would he purchase?

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24(0.05) + 12(0.15) = 3

Using substitution, we find J = 12 ounces, Pb = 24 ounces.

4 0
2 months ago
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