Answer:
The variable cost per unit sold amounts to $11.50
Explanation:
The computation for the variable cost per unit sold is provided below:
= Direct materials per unit + Direct labor per unit + Variable manufacturing overhead per unit + Sales commissions per unit + Variable administrative expenses per unit
= $4.85 + $3.35 + $1.35 + $1.50 + $0.45
= $11.50
Simply put, we summed up the respective per unit costs attributable to variable expenses per unit
Answer:
Explanation:
The supply equation for pork is expressed as Q = 178 + 40p - 60p_h
For a hog price of 1.50:
Q = 178 + 40p - 60(1.50)
= 178 +40p -90 = 88+40p
If the price of hog rises to 1.90:
Q = 178 + 40p - 60(1.90)
= 178 +40p - 114 = 64+40p
B. conformity
Conformity refers to the psychological tendency for individuals to mimic the behaviors of those around them or within their social groups.
Monica began to mirror her friends' actions.
Labeling theory suggests that individuals may embrace the traits associated with the labels given to them, affecting their identities.
Differential association theory posits that criminals learn their behaviors through interactions with others.
Answer:
The question is rephrased to include the options:
A. The production order quantity model applies under conditions where the basic EOQ model's assumptions hold true, except that receiving is not instantaneous.
B. Average inventory exceeds half the quantity of production order.
C. Due to the non-instantaneous receipt, some items are used immediately rather than being stored.
D. All other things being equal, a lower demand rate to production rate ratio results in a smaller production order quantity.
E. All options are true.
The right answer is option B, "Average inventory is more than one-half of the production order quantity."
Explanation:
Having inventory allows for a division within the production stages, separating finished products from those that are not yet completed, potentially generating income for the company.
An average inventory will be less than half of the production order quantity.
The production order quantity model allows for gradual receipt of orders rather than a single bulk delivery.
This model aids companies in managing their inventory holding costs and average fixed ordering expenses, ultimately helping them to check and reduce inventory costs and providing clarity on appropriate production quantities at any time.
