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Alenkinab
11 days ago
13

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

tions: Selling price $ 133 Units in beginning inventory 0 Units produced 7,000 Units sold 6,800 Units in ending inventory 200 Variable costs per unit: Direct materials $ 41 Direct labor $ 57 Variable manufacturing overhead $ 5 Variable selling and administrative expense $ 4 Fixed costs: Fixed manufacturing overhead $ 133,000 Fixed selling and administrative expense $ 34,000 What is the total period cost for the month under absorption costing
Business
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Nicola works as a manager at Marshall Manufacturing. The innovative staff at the company is regularly encouraged to suggest idea
arsen [3447]

Answer:

limits the simultaneous development of new products.

Explanation:

Product screening serves to evaluate innovative concepts, strategies, and marketing trends to assess their practicality for business investments.

A variety of criteria are utilized to determine if the idea aligns with the company's goals, as well as to verify its potential for generating returns.

[[TAG_15]]Thus, product screening effectively reduces the number of product concepts being pursued concurrently.[[TAG_16]]
8 0
2 months ago
Wally Company makes dog beds. Last year Wally incurred the following costs related to quality control. What is Wally Company's c
stepan [3596]

Answer: $1,651

Explanation:

The sole cost associated with Internal failure is the expense for fixing the dog beds prior to sale, totaling $1,651.

The remaining costs fall into the following categories:

  1. Repairs for dog beds under warranty - External failure cost Seamstress training. -
  2. Prevention cost Wages of part-time inspector of products - Appraisal cost
  3. The cost of replacements provided to customers for defective dog beds - External failure cost
  4. Product liability insurance - External failure cost
  5. Inspection of sewing machines during routine maintenance - Appraisal cost Inspection of fabric and thread for defects -
  6. Appraisal cost
7 0
2 months ago
Iris Souza started the summer with $30. She took $10 and made signs for her dog walking service. She posted the signs all over h
Free_Kalibri [3773]

Answer:

Souza earned a profit of $125 from her summer job.

Explanation:

Profit represents the difference between total income and total expenditures.

After buying herself new shoes for $50 at summer's end, Souza had $125 remaining, indicating her profit for the summer job is $125

6 0
1 month ago
Harold Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and
stepan [3596]
The activity variance totals $20 U. Given the following data: budgeted in March = 7,900 units, actual activity level = 7860 units, revenue = $297,318, direct labor = $59,962, direct materials = $135,850, manufacturing overhead = $51,370, selling and administrative expenses = $31,950. To determine the budgeted selling and administrative expense, the variable expense is calculated as 0.5 × 7900 = $3,950, while the fixed expense remains at $27,400. Hence, total budgeted selling and administrative expenses computes to $31,350. For the flexible budget, the variable expense adjusts to 0.5 × 7860 = $3,930. Therefore, the total flexible budget for selling and administrative cost becomes $31,330. Activity variance, computed as (31350 - 31330), equals $20 U, indicating that actual performance fell below budgeted expectations, with the difference rooted solely in variations between the budgeted and actual activity levels.
7 0
1 month ago
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