A company manufactures a single product. Unit costs are: $ / unit Variable production 14.75 Fixed production 8.10 Variable selling 2.40 Fixed selling 5.35 400,000 units of the product were manufactured in a period, during which 394,000 units were sold. There was no inventory of the product at the beginning of the period. Using marginal costing, what is the total value of the finished goods inventory at the end of the period? I $88,500 $102,900 $137,100 $183,600

Answers

Answer 1

The total value of the finished goods inventory at the end of the period using marginal costing is $88,500.

Given, Unit costs are: $ / unit Variable production 14.75

Fixed production 8.10Variable selling 2.40

Fixed selling 5.35

We have to calculate the total value of the finished goods inventory at the end of the period using marginal costing. We can find it by following the steps:Calculate the variable cost per unit.

Variable cost per unit = Variable production + Variable selling = $14.75 + $2.40 = $17.15 per unit

Calculate the total variable cost of manufacturing the product.

Total variable cost = Variable cost per unit × Number of units manufactured= $17.15 per unit × 400,000 units= $6,860,000

Calculate the contribution margin per unit. Contribution margin per unit = Selling price per unit – Variable cost per unit = $28.50 – $17.15 = $11.35

Calculate the total contribution margin of all units sold.

Total contribution margin = Contribution margin per unit × Number of units sold= $11.35 per unit × 394,000 units= $4,471,900

Calculate the total fixed cost. Total fixed cost = Fixed production cost + Fixed selling cost= $8.10 + $5.35 = $13.45 per unit

Calculate the net profit of all units sold. Net profit = Total contribution margin – Total fixed cost= $4,471,900 - $13.45 × 394,000 units= $4,471,900 - $5,301,800= -$829,900

The negative profit indicates that all fixed costs could not be covered by the contribution margin.

However, the inventory will still cover the variable manufacturing costs of all products that could not be sold, hence the value of finished goods inventory at the end of the period is equal to the total variable cost of manufacturing the products that remain unsold.

So, the total value of the finished goods inventory at the end of the period is:

Total value of the finished goods inventory = (Total units manufactured – Total units sold) × Variable cost per unit= (400,000 – 394,000) × $14.75= 6,000 × $14.75= $88,500

Thus, the total value of the finished goods inventory at the end of the period using marginal costing is $88,500.

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Related Questions

How can you make sure there is value in your communication?

Answers

Answer:

Something you can do is to ask the person to write notes on the board, or give them a drink of water, hand them a marker, or get them to stand up. Do something that will force them to change their positioning. If you can learn to read body language you can tailor your communication in order to maximize influence.

Explanation:

The probability of a first marriage ending in separation or divorce within the first 10 years is about __________.

Answers

The probability of a first marriage ending in separation or divorce within the first 10 years is about 35%. This probability has been relatively stable for the past few decades. There are many factors that can increase or decrease the likelihood of divorce, such as age at marriage, education level, income, and prior relationship history.

Research has shown that couples who cohabitate before marriage have a higher probability of divorce than those who do not, and couples who have children before marriage also have a higher probability of divorce. However, it's important to note that these factors do not guarantee divorce and every relationship is unique. Despite the high probability of divorce within the first 10 years of marriage, it's important for couples to work on their relationship and seek help if needed to try and avoid divorce.

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Which command is used to draw visible line form invisible line mode *
in microsoft window logo
PD
PU
PE
None of these

Answers

In Microsoft window logo, the command which is used to draw visible line that forms an invisible line mode is: A. PD.

Microsoft window logo is a programming language that was designed and developed at the Massachusetts Institute of Technology (MIT) by George Mills, based on the educational programming language called Logo.

Some of the commands that are used on Microsoft window logo include the following:

FORWARD (fd)BACK (bk)HOMERIGHT (rt)Pendup (PU)Pendown (PD)

In Microsoft window logo, the Pendown (PD) command is used to instruct the turtle to draw a visible line or leave ink (tracks) on the screen as it moves. Thus, it is a command which is used to draw visible line while forming an invisible line mode.

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Nearly all entrepreneurs operate home-based businesses.

Answers

Answer:

yes they do

Explanation:

Answer:

yes they do

Explanation:

unscramble the message:
1 4M n07 s4D B|_|7 1 4M n07 h499y 317H3r. 1 4M D399R3$$3|)

Answers

Answer:

"I am not sad (b-word) I am not happy either. I am depressed"

Explanation:

Hope this helps?

, environmental trends and Ethical trends affect a pharmacy business? I need one whole paragraph for them

Answers

The negative impact of the production of pharmaceutical products on the natural environment is well known. However, this remains largely unregulated, meaning the extremely toxic impact it has on both animals and humans continues with no clear end in sight.

International organisations and the pharmaceutical industry have begun to notice that the detrimental impact pharma products have on the environment on a global scale.Pharmaceutical products enter the environment at various stages of their life-cycle, but particularly during the production phase. One of the main threats is that discharging antibiotics into the environment can promote the natural development of antibiotic-resistant pathogens that are harder to treat. Lord Jim O’Neill noted this trend in his 2016 UK government-funded independent Review on Antimicrobial Resistance.Although it is a global issue, like other environmental issues, pharma pollution more directly and seriously affects those living near production plants whose water and food sources are contaminated with waste pharma products.Health Care Without Harm (HCWH) Europe runs the Safer Pharma campaign to raise awareness of the negative relationship between pharma and the environment and challenge the healthcare industry to clean up its production.The production of both active pharmaceutical ingredients (APIs) and finished dose antibiotics is concentrated in specific locations so the resulting point, source pollution, is in incredibly high concentrations and encourages the development of drug resistance,” says HCWH Europe pharmaceuticals policy officer Dr Adela Maghear. “This practice has a detrimental impact on vulnerable populations living near manufacturing facilities and wastewater treatment plants in these countries.The pollution of pharma products into the environment also adversely affects animals, particularly fish living in contaminated water. For example, a report published in science journal Nature in 2009 noted that ‘many of Europe’s rivers are home to male fish that are ‘intersex’ and so display female sexual characteristics, including female reproductive anatomy. Some males also produce vitellogenin, a protein normally.

Explain two ways in which mohammad could increase added value

Answers

The 2 ways in which where Mohammed could increase the added value of his company includes:

He could introduce new products and could modernize appearance and equipment in his coffee shop.He could start making cakes and pastries for special occasions like birthdays and weddings.

What is an Added value?

It refers to the profit that stays in the company as a difference between the total amount earned from sales and the total amount spent for production.

If such company's expenses for each product or service are higher then its price, then it is not going to have any added value. For instance, when  company sells postcards for 5 dollars. In the same time, costs for making one postcard are 3 dollar. Added value = = 5 dollar - 3 dollar = 2 dollar.

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who is elon musk......​

Answers

Answer:

Elon Musk FRS an entrepreneur and business magnate. He is the founder, CEO, and Chief Engineer at SpaceX; early stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI. A centibillionaire, Musk is one of the richest people in the world.

What are the 3 characteristics of team players?

Answers

The three characteristics are  Collaborative , Communicative and Loyal.

1. Collaborative: Team players are able to work together to achieve common goals. They take an active role in helping the team succeed and are willing to compromise to ensure the best possible outcome.

2. Communicative: Team players are open and honest, and they communicate clearly and effectively with their fellow team members. They are able to listen to and understand the needs and ideas of others, and work together to find solutions.

3. Loyal: Team players are loyal to their team and its goals. They are supportive of their team members, and are not afraid to speak up and defend the team's ideas and objectives. Team players also recognize that they are part of a larger organization and strive to contribute to the success of the entire organization.

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Bonds are basically also known as what?

a
Loans
b
Contracts
c
Volatile Investments
d
None of the Above

Answers

bonds are basically known as

b)contracts

which of the following commodities is a product of the primary or extractive industry

A. Cars
B. Gold
C. Hair Processing
D . Houses ​

Answers

Answer is going to be B. Gold

Question 20 of 20
What do consumer protection laws protect?
OA. Your rights and privacy when making transactions
OB. Your credit score and credit card number
C. The rights and privacy of companies
D. Companies from consumers who make transactions
SUBMIT

Answers

Answer:

A your rights and privately when making a transaction

which one of the following statements is incorrect?multiple choiceapr is the true or effective annual interest charged by sellersthe truth in lending act regulates interest chargesapr represents the true or effective annual rate of interestthe truth in lending act specifies the information creditors must give buyers

Answers

The statement "APR is the true or effective annual interest charged by sellers" is incorrect. APR (Annual Percentage Rate) is the true or effective annual rate of interest that is charged by lenders, not sellers.

It is the cost of borrowing money over a year, expressed as a percentage of the total amount borrowed. The Truth in Lending Act (TILA) is a federal law that regulates the disclosure of credit terms to consumers and requires lenders to disclose the APR and other key terms of the loan. The TILA specifies the information that creditors must provide to buyers, including the APR, finance charges, and total amount financed. The purpose of the TILA is to ensure that consumers have access to accurate and transparent information about the cost of credit, so they can make informed decisions when borrowing money.

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Please select the word from the list that best fits the definition Enjoy music in their free time

Answers

Answer:

Auditory Learners

Explanation:

I got it right on edge 2022.

NEED HELP ASAP
(Regarding the image attached)

1.) what is the issue discussed in the visual media item

2.) what is the creators viewpoint on the issue? What details in the resource support the creators claim? Provide evidence from the item to support your response.

3.) does this viewpoint reflect a commitment to free trade or to protectionism? Explain your answer and include evidence from the item to support your response.

4.) do you agree with the viewpoint of the item? Why or why not?

NEED HELP ASAP(Regarding the image attached) 1.) what is the issue discussed in the visual media item2.)

Answers

1.) The creator wants to show that free trade agreements involve harm to potential users to benefit the traders. 2.) Creator wants to show free traders as super fat (rich) cooks harming younger generations for profit.

What is free trade?

Free trade can compel regional industries to up their game and rely less on government support. They have the power to attract new investments, expand markets, and boost GDP. FTAs can expose a nation to issues with local employment, the degradation of natural resources, and the loss of traditional livelihoods.

The first cost has to do with potential industry adjustment costs. The second is the potential for higher transaction costs as more varieties are available.

Government policies that impede international trade in order to support domestic industries are referred to as protectionism. However, they can also be implemented due to safety or quality concerns. Protectionist policies are typically implemented to increase economic activity within a domestic economy.

By enforcing tariffs or other trade restrictions, a protectionist trade policy enables the government of a nation to support domestic producers and thereby increase domestic production of goods and services.

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Put yourself in the place of an equity mutual fund manager. Think of all the stocks you might select for inclusion in the portfolio.How would emotions enhance your decision-making process?
Q2: You are considering managing your own money rather than trusting in an investment advisor. Some argue that emotional intelligence may be just as important as investment knowledge. Do you agree? Discuss

Answers

As an equity mutual fund manager, the emotions that I would consider include fear and greed. In the stock market, these emotions play a significant role in the decision-making process. However, it is crucial to ensure that emotions do not overpower rationality when making investment decisions.

For example, fear can result in a sell-off of stocks, causing losses to the investor. On the other hand, greed may lead to the selection of stocks that may seem lucrative, but may not be suitable for the portfolio's long-term goals. Therefore, it is essential to remain disciplined and maintain a balance between emotions and logic to make informed decisions. Emotions can be beneficial in identifying opportunities that may be overlooked by others. It can help to identify companies that have potential for growth, and investments can be made before their stock prices start rising. However, this process should be based on sound research and analysis, rather than emotional impulses. Emotions can enhance the decision-making process of equity mutual fund managers, but it should be backed by logic, analysis, and disciplined thinking.

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what did not contribute to the collapse of the stock market in 1929?

Answers

Answer: stock prices reflected the real value of companies

Explanation:

Which type of business organisation is the most suitable for a large electronics
manufacturer?
A. partnership
B. private limited company
C. public limited company
D. sole trader

Answers

Answer:

C. public limited company

Explanation:

A public limited company is a business ownership structure that provides a legal distinction between the business and its owners.  The company is a legal person with the right to do business, acquire assets or incur liabilities. Unlike a private limited company,  public limited company shares trade with ease at the stock exchange.

Due to their listing in the stock exchange,  public limited companies can raise capital with much ease. The corporation only needs to comply with the regulation of the stock market to raise more finances. Public limited compies are suited for large organizations that require huge capital to finance their operations and expansions.

a cost benefit analysis for industry 4.0 in a job shop environment using a mixed integer linear programming model

Answers

By conducting a cost benefit analysis using a mixed integer linear programming model, businesses can make informed decisions regarding the implementation of Industry 4.0 in a job shop environment.

A cost benefit analysis for Industry 4.0 in a job shop environment can be conducted using a mixed integer linear programming (MILP) model. Here's a step-by-step explanation:

1. Identify the objectives: Determine the goals of implementing Industry 4.0 in the job shop, such as improving productivity, reducing costs, or enhancing flexibility.

2. Define the variables: Specify the decision variables that will be optimized, such as the allocation of resources, scheduling, or inventory levels.

3. Formulate the constraints: Establish the limitations and requirements of the job shop, such as resource capacities, production lead times, or demand constraints.

4. Create the objective function: Develop an equation that quantifies the desired outcome, such as maximizing profit or minimizing costs, based on the defined variables and constraints.

5. Solve the MILP model: Utilize optimization software to find the optimal solution that balances the cost and benefit trade-offs in Industry 4.0 implementation.

6. Analyze the results: Evaluate the outcomes obtained from the MILP model and assess the benefits in terms of improved efficiency, reduced waste, or increased customer satisfaction.

7. Conduct a cost benefit analysis: Compare the costs associated with implementing Industry 4.0 (e.g., equipment, training) with the benefits gained (e.g., increased revenue, reduced labor costs). Consider both tangible and intangible factors.

By conducting a cost benefit analysis using a mixed integer linear programming model, businesses can make informed decisions regarding the implementation of Industry 4.0 in a job shop environment. This approach allows for a systematic evaluation of the potential benefits and costs, leading to a more effective and efficient adoption of Industry 4.0 technologies.

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Which of the following is an example of a B2B Internet service?

Answers

Answer:

ge or chain retailers' distributors, selling to organizations.

xplanation:business's audience, strengthen and develop brand affinity, and ultimately drive leads and sales by appealing to other businesses

(Related to Checkpoint 4.1) (Liquidity analysis) Airspot Motors, Inc. has $2,473,700 in current assets and $853,000 in current liabilites. The company's managers want to increase the firm's inventory, which will be financed using short-term debt. How much can the firm increase its inventory without its current ratio falling below 2.1 (assuming all other current assets and current fiabilities remain constant)?
Airspot Motors, Inc, could add up to $ ____ in inventories. (Round to the nearest dolfar.)

Answers

The Airspot Motors, Inc. could add up to $620,600 in inventories (rounded to the nearest dollar).

Given the following data:

Current assets = $2,473,700

Current liabilities = $853,000

Current ratio = 2.1

We can calculate the maximum amount Airspot Motors, Inc. can increase its inventory without its current ratio falling below 2.1 using the below steps:

First, we need to find out the current ratio using the given information:

Current ratio = Current assets / Current liabilities

2.1 = 2,473,700 / 853,000

We can now calculate the minimum current assets required to maintain the current ratio when we increase the inventory, as all other current assets and liabilities remain constant:

(Current ratio) × (New current liabilities) = New current assets

2.1 × (New current liabilities) = New current assets

We want to find the maximum amount of inventory Airspot Motors can purchase without decreasing the current ratio. So, we will use the current asset value for new current assets and find out the maximum current liabilities that could finance it.

2.1 × (853,000 + New short-term debt) = 2,473,7002.1 × 853,000 + 2.1 × New short-term debt

= 2,473,7002.1 × New short-term debt

= 2,473,700 - 2.1 × 853,0002.1 × New short-term debt

= $902,110

New short-term debt = $902,110 / 2.1

New short-term debt = $429,100

We can now find out the maximum amount of inventory by subtracting the current inventory from the new amount of current assets.

Maximum inventory = New current assets - Current inventory

Maximum inventory = 2,473,700 - Current inventory

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supermart food stores (sfs) has experienced net operating losses in its frozen food products line in the last few periods. management believes that the store can improve its profitability if sfs discontinues frozen foods. the operating results from the most recent period are:

Answers

The net operating losses for Supermart Food Stores (SFS) cannot be done without the given amounts of sales,

Given the following operating results of Supermart Food Stores (SFS) in the most recent period:

Total Sales: $600,000

Cost of Goods Sold: $300,000

Gross Profit: $300,000

Operating Expenses: $280,000

Net Operating Income: $20,000

Now, the calculation of net operating losses for Supermart Food Stores (SFS) in the frozen food product line cannot be done without the given amounts of sales, cost of goods sold, gross profit, operating expenses, and net operating income for the frozen food product line.

However, if SFS discontinues frozen foods, the company's overall profitability could improve.

If SFS discontinues the frozen food product line, the operating income would increase by the net operating loss of the frozen food product line.

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How does the chain of command facilitate the operations of a large structured organization?

Answers

Answer:

The use if the direct chain of command affords delegation of authority in an easily understandable way, such that needed decisions on actions are more quickly taken to save costs due to delay and lack of cohesion.

Direct chain of command affords employees to work in areas they are proficient with which builds improved competence and skill within the workforce

The chain of command organizational structure is a logical delegation of authority which facilitates collaborative efforts with internal and external bodies

Explanation:

If the liabilities of a business are Rs.7,50,000 and the capital is Rs. 8,50,000. Find the total assets.

Answers

Rs 1600000

Explanation:

accounting equation= asset= liability+capital

What is the W-4 form used for?
filing taxes with the federal government
determining the amount of money an employee has paid out in taxes
calculating how much tax should be withheld from a person's paycheck
calculating how much income was paid in the previous year

Answers

Answer:

C. calculating how much tax should be withheld from a person's paycheck

Explanation:

In order to ensure that, all employees pay taxes on the income earned throughout the year, the internal revenue service (IRS) has made it compulsory and mandatory for all employers to make available a W-4 Form to all their employees, so as to enable these employees fill out how much income tax is to be withheld from their respective paycheck in relation to their filing status.

Hence, a W-4 form is used for calculating how much tax should be withheld from a person's paycheck and submitted to the internal revenue service (IRS).

Additionally, any employee who defaults in the payment of his or her income tax would be faced with stiff penalties such as failure-to-file, paying a fine etc.

Answer:

its c

Explanation:

just took the unit test on edge

The Bretton Woods system came into being right after WWI


True
False

Answers

Answer:

False

Explanation:

It came into being in 1944 after world war II. This was created in a conference of all of the World War II Allied nations that took place in Bretton Woods, New Hampshire. The decision was taken to avoid trade wars  between the nations.

Hence, the given statement is false.

Compose two paragraphs that predict the impact this tax cut and increased funding for unemployment insurance will have on the following: the economy as a whole individuals other government programs the government debt Be sure to justify your predictions, use proper grammar, and include topic sentences, an introduction, a conclusion, and information from the video.

Answers

Answer:

Extending the cut to payroll taxes will have a positive impact on the economy as a whole. With the continued decrease in the tax rate, people will have more money to spend more on goods and services. This will encourage businesses to hire more workers and will reduce unemployment. The economy will experience a boost, and recovery will take place. This tax cut will add an extra $40 to the average paycheck. People might use the extra income for rent, groceries, or gas.

Increased funding for unemployment insurance will ensure that eligible unemployed individuals will continue to get unemployment compensation. The extended unemployment compensation will lead to more production in the economy, which will help reduce government debt. An increase in production will lead to an increase in employment and output. When production increases, individuals’ incomes also increase, so the government will collect more income taxes to fund repayment of its debt.

Explanation:

PLATO

Answer:

The tax cut and the increased funding of unemployment insurance will benefit the economy as a whole. As unemployment rise, fewer people are going to have money to buy goods therefore, businesses will have less money to hire workers. This will not be fixed if there weren't any unemployment insurance. With unemployment money, people are going to buy more and the economy will boost. This not only benefits individuals but the economy as a whole. However, this may increase government debt and may have decrease funding to other government programs.

Explanation:

This is not from plato or edmentum. I typed it myself

would knowing that a product was produced inder ethically questionable consitions affect your decision to purchase it

Answers

Yes, knowing that a product was produced inder ethically questionable consitions affect your decision to purchase it because the purchase decision will be impacted if production involves unethical actions like the use of child labor or unsanitary circumstances.

What impact does ethics have on consumer decisions?

Ethical consumers utilize their purchasing decisions to demonstrate underlying moral convictions; as a result, they may choose not to support the exploitation of underprivileged producers by boycotting related products or refrain from buying goods from socially or ecologically negligent businesses.

A product is ethically sourced when it is obtained or provided in a way that is sustainable for the product, the environment, and the welfare of the workforce. Fair trade aims to guarantee that producers receive a fair amount of compensation during the trading process.

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Can you describe a time when you had to deal with an unhappy customer as a cashier?

Answers

well it depends whose fault it is and on what type of problem it is ...but there are legal actions to take .

such as going to them and asking them about the problem

trying to help Them or if they don't agree they can see the manger.

what is defaulting? responses getting a low credit score , getting a low credit score , , opening too many credit accounts , opening too many credit accounts, , building a credit history , building a credit history, , failing to pay debts

Answers

Defaulting is a term used to describe a situation where a borrower fails to make payments on their debts according to the agreed-upon terms. This can happen for a variety of reasons such as unexpected financial hardship, job loss, or simply poor money management.

However, regardless of the reason, defaulting can have serious consequences on one's credit score. When a borrower defaults on a debt, their credit score is likely to drop significantly, making it difficult for them to access credit in the future. This can affect their ability to obtain loans for major purchases like a home or a car, and even impact their ability to rent an apartment or get a job in some cases.


Defaulting on a debt can also result in legal action being taken against the borrower, including wage garnishment or even bankruptcy. Therefore, it's important to maintain a good credit history by making timely payments on all debts and avoiding opening too many credit accounts. Building a good credit history takes time and effort, but it's an important step towards financial stability.

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Soccer is one of the best sports to play. It teaches teamwork, encourages exercise, and develops good foot-eye coordination. Also, soccer has two seasons, unlike most other sports. You get a chance to play in the Fall and the Spring. Something else that makes soccer a really great sport to play is that there are different ways to play the sport. For example, you can play 3 on 3, or even indoor. Also, many leagues offer co-ed soccer teams in which boys and girls can play on the same team. Soccer is a great sport to play.A. Persuade the reader that soccer is a sport that everyone should play.B. Persuade the reader that 3 on 3 soccer is better than regular soccerC. Inform the reader that soccer has two seasons.D. Inform the reader that soccer requires you to have good skills. a sample of vegetable oil with density 901 kg/m3 is found to have a mass of 0.0327 kg . find the volume of this sample. the theory that before birth, undifferentiated lymphocytes undergo a continuous series of divisions and genetic changes that generate hundreds of millions of different cell types, each carrying a particular receptor specificity, is the What is the first step in using the square root property? Christopher, who weighs 240 N, and Thomas, who weighs 185 N, are sitting on opposite ends of a balanced seesaw. If Thomas is sitting 1.2 m from the balance point, how far is Christopher sitting from the balance point A research biologist is studying cells from a new organism recently discovered in the Brazilian rain forest. She determines that the somates contain a total of ten chromosomes. How many possible combinations of chromosomes could this organism produce as a result of independent assortment? 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Upon review, it was identified there is $18,000 of outstanding cheques, a deposit of $5,000 was in transit at month, and a cheque for $700 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is a) $44,300. b) $34,300. c) $45,700. d) $71,700. Mrs. Johnson deposited two checks, valued at $37.45 and $133.90, into her checkingaccount last week. Then she wrote three checks for $15.99. $42.49, and $53.85 out ofthis account to pay her monthly bills. What is the total change of Mrs. Johnson'schecking account after all checks are processed? An animal shelter spends $1.50 per day to care for each cat and $6.50 per day to carefor each dog. Gavin noticed that the shelter spent $97.00 caring for cats and dogs onMonday. Gavin found a record showing that there were a total of 18 cats and dogs onMonday. How many cats were at the shelter on Monday? use the probability rules in this chapter to solve each of the following. 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