Explanation:
Part 1: True, the information given about the total costs incurred by the movie studio from last year shows that after the adjustments for the differences in totals
3rd movie cost - 2nd = 132-84 = 48 million
Thus, the variable costs must be at least $47 million but less than $255 million as well.
Part 2: False, the marginal cost for producing the first movie was $45 million, while the studio produced three films during that period.
In conclusion, the variable costs for all three films last year were
45 x 3 = 135 million
Answer:
Steps to Review:
- Check for the unweighted GPA and Total GPA
- Examine individual grades by semester and overall GPA
- Review the marks explanation
- Finally, read the comments provided in the report
Sections of Interest:
- Total GPA
- Grades in specific subjects like Computer Science, Commerce, and Chemistry.
- Teacher comments
What Matters to Me:
- Aim to pass all subjects to minimize my teachers' frustrations.
What Matters to My Parents:
- Ensure I succeed in all subjects with the best possible grades.
Steps If Something Seems Off:
- First, investigate personally; for example, if a grade doesn’t match expectations, review the term papers to confirm results.
- If necessary, approach the relevant authority to express concerns.
Response:
Overall cost= $753.75
Details:
Given the following details:
The established overhead rates:
Assembly= $13 per direct labor-hour
Testing & Packaging= $9.00 per direct labor-hour.
The direct labor wage rate for the company is $16.00 per hour.
For Job N-60:
Assembly;
DM= 340
DL=180
Testing & Packaging:
DM= 25
DL= 40
To determine the applied overhead for each section, we first need to find the direct labor hours:
Assembly= 180/16= 11.25 hours
Testing= 40/16= 2.5 hours
Now, we can distribute the overhead:
Assembly= 11.25 hours*13= $146.25
Testing= 2.5 hours*9= $22.5
Overall cost= DM + DL + Allocated overhead
Overall cost= (340 + 25) + (180 + 40) + (146.25 + 22.5)= $753.75
