Suppose that you are a manager for a firm like EBC Brakes, which manufactures brakes for automobiles and motorcycles. Your company has two plants, one in the United States and the other in the United Kingdom. The following tables include the estimated demand and marginal revenue for your brakes, along with the marginal costs at the two factories.What quantity and price maximize your firm’s profit?What is the profit-maximizing number of brakes produced in the U.S. plant? In the U.K. plant?
Answers
To maximize profit, the firm should produce 120,000 brakes in the US plant and 140,000 brakes in the UK plant, and charge a price of $200 per brake.
To find the profit-maximizing quantity and price, we need to compare the marginal revenue and marginal cost at each plant. The table below summarizes the relevant information:
US plant UK plant
Demand 200,000 250,000
Marginal revenue $250 $300
Marginal cost $150 $180
At both plants, marginal revenue exceeds marginal cost, which means that the firm can increase profit by producing more brakes. However, the marginal revenue is higher in the UK plant than in the US plant, which means that the UK plant has a comparative advantage in producing brakes.
To determine the profit-maximizing quantity, we need to find the point where marginal cost equals marginal revenue for each plant. This occurs at a quantity of 120,000 brakes in the US plant and 140,000 brakes in the UK plant. At these quantities, the firm can charge a price of $200 per brake and earn a profit of:
Profit = (Price - Marginal cost) x Quantity
For the US plant:
Profit = ($200 - $150) x 120,000 = $6,000,000
For the UK plant:
Profit = ($200 - $180) x 140,000 = $2,800,000
Therefore, the firm should produce 120,000 brakes in the US plant and 140,000 brakes in the UK plant, and charge a price of $200 per brake to maximize profit.
The profit-maximizing strategy for the EBC Brakes is to produce 120,000 brakes in the US plant and 140,000 brakes in the UK plant, and charge a price of $200 per brake. This strategy allows the firm to take advantage of the comparative advantage of the UK plant while also maximizing profits at the US plant.
To know more about Profit ,visit:
https://brainly.com/question/29662354
#SPJ11
Related Questions
. A quadratic polynomial whose one zero is 6 and the sum of the zeroes is 0, is x*2-6
True
False
pls tell fast
Answers
Answer:
False
Explanation:
From the question, we can see that a quadratic polynomial is made up of two elements or variables called zeros in this question
From the question, we are told that one variable (zero) = 6
The second variable (zero) = unknown , therefore we can represent the second variable as Y
We are told that the sum of the variables = 0
This means:
6 + Y = 0
Therefore, Y = 0 - 6
Y = -6.
The second variable ( zero) = - 6
Since it is a quadratic polynomial,
The roots of the polynomials are the variables 6 and -6
Hence, we have:
(x + 6) (x - 6) = 0
Expanding the brackets
x² - 6x + 6x - 36 = 0
= x² - 36 = 0
Therefore, a quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x² - 36 = 0
This means the statement made in the question above "A quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x²-6" is false
Before Julia leaves for work she always closes her drapes in the summertime and opens them in the wintertime. This keeps the house dark and cool in the summer and bright and warm in the winter. This is an example of
Answers
Julia's habit of closing the drapes in the summer and opening them in the winter is an example of seasonal window management.
Explanation: Seasonal window management is the practice of adjusting window coverings (such as drapes or blinds) to optimize natural light and temperature control throughout the year.
In the summer, closing drapes can help block out direct sunlight and keep the house cool, while in the winter, opening them can let in more natural light and warmth. By following this practice, Julia is able to maintain a comfortable living environment while also saving on energy costs by relying less on heating and cooling systems.
To know more about management visit:
https://brainly.com/question/32216947
#SPJ11
Successful firms focus their efforts on satisfying customer needs that match their core competencies.
1. True
2. False
Answers
The given statement "successful firms focus their efforts on satisfying customer needs that match their core competencies" is true because successful firms often focus their efforts on satisfying customer needs that match their core competencies.
Core competencies are the unique strengths and capabilities that allow a company to deliver superior value to customers, and when a company can align those competencies with customer needs, it can create a strong competitive advantage. By focusing on meeting customer needs that match their core competencies, companies can differentiate themselves from their competitors and build strong customer loyalty. This can help to increase customer retention, enhance reputation, and ultimately drive sustainable business growth.
You can learn more about Core competencies at
https://brainly.com/question/2949366
#SPJ4
juan, a marketing manager at a company, decides to sell a product through all appropriate and willing intermediaries. based on this choice, it is clear that juan wants the product to have .
Answers
Juan, will advertise a product by using any willing and suitable middlemen. Juan obviously wants the item to have this feature because he made this selection Intensive Distribution.
In an effort to sell its goods from a small vendor to a large retailer, a corporation may use an intensive distribution marketing approach. A suitable middlemen customer can practically always find the merchandise wherever he goes. Among the examples on which intense distribution is practiced are soft drinks and cigarettes.
Under the intense distribution approach, a business might leverage every distribution channel to market its product. In addition to increasing revenue, it builds brand recognition for the product. For things like soft drinks, cigarettes, etc., this strategy is very helpful. Intensive distribution has a number of benefits. First, it expands the product's supply, which improves the likelihood that more people will buy it.
More sales equal higher revenues for the business. Another benefit is that a business can determine suitable middlemen whether local vendors or outlets of the hypermarket variety are more likely to carry a given product. The corporation can use this information to better plan out its promotional initiatives in an effort to increase sales and brand awareness.
Learn more about intense distribution here
https://brainly.com/question/14485114
#SPJ4
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
Answers
Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
a company's current assets are $17,980, its quick assets are $11,468 and its current liabilities are $12,200. its quick ratio is closest to:
Answers
A company's modern belongings are $17,980, its brief belongings are $11,468 and its modern liabilities are $12,200. its brief ratio is closest to: 0.94.($11,468/$12,200 = 0.94).
The required details for asset in given paragraph
In economic accounting, an asset is any resource owned or managed with the aid of using a enterprise or an financial entity. It is anything (tangible or intangible) that may be used to supply positive financial fee. Assets constitute fee of ownership that may be transformed into coins (despite the fact that coins itself is likewise taken into consideration an asset). The stability sheet of a company statistics the monetary fee of the belongings owned with the aid of using that company. It covers cash and different valuables belonging to an person or to a enterprise. Assets may be grouped into principal classes: tangible belongings and intangible belongings. Tangible belongings incorporate numerous subclasses, such as modern belongings and constant belongings. Current belongings include coins, inventory, money owed receivable, whilst constant belongings include land, buildings and equipment.
Intangible belongings are non-bodily sources and rights which have a fee to the company due to the fact they supply the company a bonus within side the marketplace. Intangible belongings include goodwill, copyrights, trademarks, patents, pc programs, and economic belongings, such as economic investments, bonds, and stocks.
To know about asset click here
https://brainly.com/question/25746199
#SPJ4
how would Americans cover a $400 emergency? personal finance answers
Answers
Answer: Sixty-eight percent of all adults said they would have covered the expense exclusively using cash, savings or a credit card paid off at the next statement. One in 9 even reported they wouldn't be able to cover a $400 emergency expense whatsoever
Explanation:
A message sent by an HR manager asking all employees to submit details about overtime done in the previous quarter is an example of routine request
Answers
Answer:
D) information or action
Explanation:
These are the options for the question
A) settlements to claims
B) recommendations
C) adjustments
D) information or action
E) references
Routine request can be regarded as a request for information, which is been contained in case files, indices,schedules as well as dockets that doesn't look for impounded as well as confidential and sealed information.
When sending a routine email
that give recognizion for a job that is well done, the following should be included;
✓rationale that state work important of the work.
✓closing statement which encourages continued excellence.
✓specific descriptionthat explain purpose of the message.
It should be noted that message sent by an HR manager asking all employees to submit details about overtime done in the previous quarter is an example of routine request information or action
Mark wrap with the 20 minute hold time, and any special guest requests.
Answers
How do you manage your performance?
Answers
Effective way to manage performance is by setting goals, tracking progress, and reflecting on areas for improvement . Strive to stay organized and prioritize tasks to ensure meeting the goals. Continuous feedback and follow ups from the colleagues and supervisors to gain insight and adjust the strategies as needed.
Performance management is a systematic method for developing and maintaining better employee performance, which boosts businesses' effectiveness.
Performance management is crucial from a business perspective to guarantee that corporate strategy and goals are met.
It enables managers and executives to concentrate on particular areas to fulfil goals. Without performance management, the business wouldn't know how it was doing and wouldn't be able to change its goals or the plan it utilised to get them.
To know more about management here
https://brainly.com/question/22473148
#SPJ4
What principle of value states that if the increase in the value of the real estate is more than the cost to renovate, the sellers would financially benefit by doing the renovation?
Answers
Answer: Principle of contribution
Explanation:
The principle of value states that if the increase in the value of the real estate is more than the cost to renovate, the sellers would financially benefit by doing the renovation is referred to as the principle of contribution.
According to the principle of contribution, the worth of an improvement of a property has to do with its addition or contribution the the property's market value and not the cost of the improvement done.
list and explain the types of
automatic feeders
please will give brainliest to urgent answers
Answers
Answer:
Six Types of Feeder Systems for Automated Assembly
Step feeder: used to feed small cylindrical or spherical parts.
Elevator feeder: able to feed simple parts at varying rates.
Flex feeder: uses vision-guided robots for part selection.
Linear feeder: the system uses vibrations to move parts.
Centrifugal feeder: a modular feeder that is adaptable for different parts.
a retailer sells widgets for $15.00 after marking up 50% on consumer purchase price. the wholesaler had sold the widgets to the retailer at a markup of 20% on manufacturer selling price. in this instance, what is the manufacturer selling price
Answers
The manufacturer selling price of the widgets in this instance can be calculated by working backwards from the retail price. we can determine that the manufacturer selling price is $8.00.
Let's start by calculating the consumer purchase price. Since the retailer marked up the widgets by 50% on this price to reach the retail price of $15.00, we can find the consumer purchase price by dividing the retail price by 1.5. So, the consumer purchase price is $10.00.
Next, we need to determine the manufacturer selling price, which is the price at which the widgets are sold to the retailer. The wholesaler applies a markup of 20% on the manufacturer selling price to arrive at the consumer purchase price. Therefore, we can set up the equation: manufacturer selling price + 20% of manufacturer selling price = consumer purchase price.
Let's denote the manufacturer selling price as "X." From the equation, we have X + 0.2X = $10.00. Simplifying this equation, we get 1.2X = $10.00. Dividing both sides by 1.2, we find X = $8.00.
Hence, in this instance, the manufacturer selling price of the widgets is $8.00.
To learn more about retail price at brainly.com/question/30059766
#SPJ11
After new tax legislation is passed, the tax advantages of municipal bonds over US Treasury bonds rise. As a result, in the US Treasury bond market, the equilibrium yield _____, and in the municipal bond market the yield _____.
A. falls; falls
B. falls; rises
C. rises; falls
D. rises; rises
Answers
New tax legislation influences municipal bonds' tax advantages over US Treasury bonds. As a result, when this law passes, the equilibrium yield in the US Treasury bond market decreases and, on the other hand, increases in the municipal bond market.
The tax advantages of municipal bonds over US Treasury bonds rise after the new tax legislation is passed, leading to a shift in the bond markets' equilibrium yield. When the tax advantages of municipal bonds increase, the yield of these bonds decreases, while the yield of US Treasury bonds increases. Municipal bonds are a good choice for people who want a steady and predictable tax-exempt income.
Municipal bonds are backed by the state or local governments and are known for their low default rates and a stable revenue stream. At the same time, the US Treasury bond market, known for its stability and predictable return, attracts many investors.
Moreover, the impact of new tax legislation varies depending on the investors and their goals. While some investors may choose to purchase more municipal bonds to take advantage of the tax exemption, others may not change their investment strategies.
Thus, the impact of new tax legislation is one of the factors influencing the bond market's yield, which should be considered by investors when choosing between the types of bonds they want to invest in.
To know more about municipal visit :
https://brainly.com/question/19906187
#SPJ11
Aunt gayle is the sole proprietor of a cupcake catering company
She mostly makes her cupcakes for parties weddings and weeks
Answers
Aunt Gayle is the sole proprietor of a cupcake catering company that specializes in providing cupcakes for parties, weddings, and special occasions.
Aunt Gayle's cupcake catering company operates as a sole proprietorship, meaning she is the sole owner and is personally responsible for the business's operations and finances. Her primary focus is on creating and delivering delicious cupcakes for various events such as parties, weddings, and other celebrations.
As a sole proprietor, Aunt Gayle enjoys full control over her business, from managing orders and baking to marketing and customer service. She takes pride in her cupcakes, ensuring they are visually appealing and made with high-quality ingredients to satisfy her clients' taste buds.
With her expertise and dedication, Aunt Gayle aims to provide a delightful and memorable experience for her customers, adding sweetness to their special occasions. Whether it's a small gathering or a grand wedding, Aunt Gayle's cupcake catering company is there to provide delectable treats that leave a lasting impression.
To learn more about sole proprietor visit:
brainly.com/question/30156417
#SPJ11
The economic resources of a business such as furniture, building, and land are its: A) liabilities. B) revenues. C) assets. D) withdrawals.
Answers
The economic resources of a business such as furniture, building, and land are its assets. Assets are resources that a business owns or controls with the expectation of deriving economic benefits from them in the future. In other words, assets are things of value that a business has that can be used to generate income and increase the overall worth of the company.
Option A IS CORRECT
Examples of assets include cash, investments, property, inventory, equipment, and accounts receivable. The furniture, building, and land that a business owns or controls are also considered assets because they can be used to generate revenue or can be sold for a profit. These assets are typically included on a company's balance sheet, which is a financial statement that shows the company's assets, liabilities, and equity at a specific point in time.
Liabilities, on the other hand, are obligations that a business owes to others, such as loans, accounts payable, or taxes. Revenues are the income earned by a business from its operations, such as sales revenue or service revenue. Withdrawals are the amounts of money or assets taken out of a business by the owner(s) for personal use and are not considered a part of the company's assets or liabilities. In summary, the economic resources of a business such as furniture, building, and land are considered assets, which are things of value that a business owns or controls and can be used to generate income or sold for a profit.
To know more about economic resources visit:-
https://brainly.com/question/1503203
#SPJ11
A solution to the adverse selection problem can be:
a. Reputation mechanisms.
b. The creation of a market.
c. Building a fence.
d. Free riding.
Answers
Reputation mechanisms is a solution to the adverse selection problem.
Therefore Option A is correct.
What is Adverse selection problem and reputation mechanism?
Adverse selection refers generally to a situation where sellers have information that buyers do not have, or vice versa, about some aspect of product quality.
Effects of Adverse Selection
Higher Prices for Customers. Lower Consumption.Health Risk.Reputation mechanism
It is a mechanism used in P2P systems to associate the identities of peers with the opinions of other peers about the contribution of the former, and to acquaint the participating peers with this association.
Hence, Option A is correct.
To know more about Adverse selection from given link
https://brainly.com/question/8772933
#SPJ1
What role do ethics play in using technology in market research?
Answers
Answer:
The importance of ethics in marketing research doesn’t just apply to the way participants are treated but market research methods as well. Companies today have more access to customer data than ever before and this amount of access can easily lead to deceptive practices.
Explanation:
`What type of market structure exists for the fast food industry?
Answers
Answer:
http://sellsidehandbook.com/2018/10/08/understanding-market-structure-perfect-competition-monopoly-and-monopolistic-competition/
Explanation:
Because marketers tend to give trial portions of products away for free, this type of sales promotion can be expensive. Multiple Choice samples contests loyalty programs coupons sweepstakes
Answers
Sales promotion is a crucial element in marketing that aims at stimulating the sales of a product or service. Sales promotion techniques often include marketing tools such as contests, samples, coupons, sweepstakes, and loyalty programs.
In most cases, marketers tend to give trial portions of products away for free as a way of luring potential customers to make purchases of the product in the future. However, this type of sales promotion can be very expensive.
The primary reason why the sales promotion technique that involves giving trial portions of products away for free is considered expensive is because of the costs involved in its implementation.
For instance, the cost of creating and distributing samples of the product is very high and can easily exceed the profits that a business would make from the sales of the product. Additionally, the distribution of free product samples also requires a significant amount of time and effort, which increases the costs even further.
Nevertheless, marketers continue to use this type of sales promotion because of the benefits that it provides. The benefits of giving away free product samples include increased customer awareness, the creation of a positive image for the product, and increased sales in the future as customers become more familiar with the product.
To know more about sweepstakes visit:
https://brainly.com/question/13362109
#SPJ11
The we love books publishing company is this a publishing company, if so then how do I get to there web site
Answers
Answer:
www.welovebooks.net
Explanation:
You can simply type "We Love Books publishing company" in a search engine and it will show up as the second link. If not then you can just type the name of the website in the browser's search bar to take you straight to their web site which is www.welovebooks.net , They design and publish different books as well as magazines, product catalogues and corporate publications. The website also has a contact option so that you can contact them directly and make requests.
When you consider what product to buy and what price to pay for it, you are
using which of the following processes?
Select one:
O a. the needs versus wants process
O b. the decision-making process
O c. the price versus use process
d. the resource management process
Answers
The answer is A
Explanation:
cause u are considering if u need it or not and if u buy it will u regreat it
ACTUAL EXPLANATIONS ONLY PLEASE // You project revenue to start at $5,000 for the first month and grow by $200 each month thereafter. You project expenses
to begin at $7,000 per month and grow by $50 per month. In what month will you break even (revenue equal to expenses)?
Answers
Answer:
13.33
Explanation:
We have to write 2 equations to set equal to each other.
The first one will look like this:
200x + 5,000
The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.
The second equation will look like this:
50x + 7,000
The project begins at $7,000 and grows by $50 every month so the x will go with the 50.
Now, set them equal to each other
200x + 5,000 = 50x + 7,000
Solve
150x + 5,000 = 7,000
150x = 2,000
x = 13.333
Therefore, in the thirteenth month the project will breakeven.
Hope this helps!!
- Kay :)
Which best diagrams the correct obstacle to the example?
Economic obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Time obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Financial obstacle: Sally wants to open her own business, but was denied a loan from the bank. Motivational obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.
Time obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Economic obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Financial obstacle: Sally wants to open her own business, but was denied a loan from the bank. Motivational obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.
Financial obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Economic obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Motivational obstacle: Sally wants to open her own business, but was denied a loan from the bank. Time obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.
Economic obstacle: Cort is struggling to get a job in construction because many businesses have closed down due to no work. Motivational obstacle: Francis has two more months to get a job as a practicing electrician before his certification expires. Financial obstacle: Sally wants to open her own business, but was denied a loan from the bank. Time obstacle: Rory wants to switch from a surgeon to a pediatrician so he can be happy working with children.
Answers
Answer:
a
Explanation:
i just took the unit text and got a 100%
A survey was conducted to determine whether a charging station needs to be built in a community. 73% of all the residents in the community favored building the charging station. If 14 residents are chosen, find the probability that exactly 8 of them favor the building of the charging substation.
Answers
In a study to ascertain whether a charging station is required in a community, 73% of all inhabitants supported the construction of the charging station. The probability that exactly 8 of them favor the building of the charging substation is 0.2279.
We have to find the probability of exactly 8 people in the sample of 14 people who favor building the charging station. The given probability is a binomial distribution problem where,
n = 14 (number of trials)p = 0.73 (probability of success)
favour = 8 (number of favorable outcomes)
The probability of exactly k successes in n independent Bernoulli trials is given by the formula:
P(k) = nCk * pk * (1-p)n-k
Where nCk is the binomial coefficient.
In this case, the probability of exactly 8 of them favor building the charging substation is:
P(8) = 14C8 * (0.73)8 * (1-0.73)14-8= 3003 * 0.73^8 * 0.27^6≈ 0.2279
Therefore, the probability that exactly 8 of them favor the building of the charging substation is approximately 0.2279.
To know more about probability, visit https://brainly.com/question/13604758
#SPJ11
How does investment in human capital impact a company's productivity?
The more workers a company has, the more it produces.
The more highly educated the workforce, the greater the production.
The more the workforce requires extensive training, the less production in the
long run.
The larger the workforce, the larger the management structure and the lower the
production.
Answers
Answer: Human capital is perceived to increase productivity and thus profitability. The more investment a company makes in its employees, the chances of its productivity and success become higher.
which term, as it relates to the internet, means to act in a unthinking, unsafe, or disrespectful manner online?
Answers
Answer:
Irresponsible behavior .
Explanation:
Answer:
agreed with the other person who answered that the answer is irresponsible behavior
Explanation:
Irresponsible behavior on unsecure websites are risky.
Hope this helps! (11/30/22)
What type of communication provides powerful analytics that allow entrepreneurs to determine the effectiveness of their communication efforts?
O A. Interior communication
О в.
OC.
Nonverbal communication
Social media communication
D. Creativity communication
Answers
An appropriate choice is option (c). Business owners can use social media communication's robust analytics to assess the success of their communication efforts.
Social media communications are what?A communication method based on the internet is social media. Users can converse, share knowledge, and publish content online via social media platforms. Social media describes how individuals interact with one another through the creation, sharing, and/or exchange of knowledge and ideas in online groups and networks.
What constitutes effective corporate communication?Interaction between people is facilitated via communication. Entrepreneurs continually aim to enhance their communication skills because doing so will help them share and express their ideas clearly, as well as interact with their team, clients, and coworkers in a better way.
Learn more about communication: https://brainly.com/question/17244656
#SPJ13
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
At the beginning of the month, daniel's business services had two incomplete consulting engagements (jobs) that had the following costs assigned from previous months. job numberassociate laborapplied overhead dbs-32$ 37,520? dbs-3527,480? during the month, jobs dbs-32 and dbs-35 were completed but not billed to customers. completion of dbs-32 required an additional $32,100 in associate labor. for dbs-35, an additional $96,000 in associate labor was incurred. during the month, the only new job, dbs-36, was started but not finished. total associate labor costs for all jobs amounted to $186,400 for the month. overhead in this company refers to the cost of work that is not directly traced to particular jobs, including supplies, copying, printing, and travel costs to meet with clients. overhead is applied at a rate of 75 percent of associate labor costs. this rate has not changed for many months. actual overhead for the month was $137,520. required: what are the costs of jobs dbs-32 and dbs-35 at (1) the beginning of the month and (2) when completed? what is the cost of job dbs-36 at the end of the month? how much was under- or overapplied service overhead for the month?
Answers
A). the costs of Jobs DBS-32 and DBS-35 at (1) the beginning of the month and (2) when completed is $216,090.
B). The cost of Job DBS-36 at the end of the month is $102,025.
C). Overapplied service overhead for the month was $2,280
1.
Costs of Jobs DBS-32 and DBS-35 at
(1) the beginning of the month
Job DBS-32:
Associate labor cost at the beginning = $37,520
It is given that, overhead is applied at a rate of 75 percent of associate labor costs.
Applied overhead at the beginning = $37,520 × 75% = $28,140
Cost of Job DBS-32 at the beginning of the month = Associate labor cost + Applied overhead = $37,520 + $28,140 = $65,660
Job DBS-35:
Associate labor cost at the beginning = $27,480
Applied overhead at the beginning = $27,480 × 75% = $20,610
Cost of Job DBS-35 at the beginning of the month = Associate labor cost + Applied overhead = $27,480 + $20,610 = $48,090
(2) when completed
Job DBS-32:
Total cost of the job at the beginning of the month = $65,660
Additional costs during the month:
Associate labor cost = $32,100
Applied overhead = $32,100 × 75% = $24,075
Total additional costs = $32,100 + $24,075 = $56,175
Cost of Job DBS-32 when completed = Cost at the beginning of the month + Additional costs during the month = $65,660 + $56,175 = $121,835
Job DBS-35:
Total cost of the job at the beginning of the month = $48,090
Additional costs during the month:
Associate labor cost = $96,000
Applied overhead = $96,000 × 75% = $72,000
Total additional costs = $96,000 + $72,000 = $168,000
Cost of Job DBS-35 when completed = Cost at the beginning of the month + Additional costs during the month = $48,090 + $168,000 = $216,090
2.
Cost of Job DBS-36 at the end of the month:
Associate labor cost for Job DBS-36 = Total associate labor cost for all jobs for the month - (Associate labor cost for Job DBS-32 during the month + Associate labor cost for Job DBS-35 during the month)
= $186,400 - ($32,100 + $96,000) = $58,300
Applied overhead = $58,300 × 75% = $43,725
Total cost of Job DBS-36 at the end of the month = $58,300 + $43,725 = $102,025
3.
Applied overhead for the month = Total associate labor cost for the month × Overhead applied rate = $186,400 × 75% = $139,800
Actual overhead for the month = $137,520
Actual overhead is lower than the applied overhead, therefore, the overhead is overapplied.
Overapplied overhead = Applied overhead - Actual overhead = $139,800 - $137,520 = $2,280
Overapplied service overhead for the month was $2,280.
Labor costs constitute the full expenditure incurred through employers for the employment of personnel. They represent the value of the salaried labor force, which is why they're on occasion known as salary costs. Labor charges are certainly one of 3 styles of charges that make up a producer's price of products sold (COGS).
Direct labor cost is a part of wage bills or payroll that can be specifically and continuously assigned to or associated with the manufacture of a product, a selected painting order, or the provision of a provider. Exertion charges also are labeled as constant expenses or variable expenses. for instance, the fee of exertion to run the machinery is a variable price, which varies with the company's stage of production. A company can without difficulty increase or lower variable labor value via growing or decreasing manufacturing.
To learn more about Labour costs visit here:
brainly.com/question/29767642
#SPJ4