Answered step by step
Verified Expert Solution
Question
1 Approved Answer
MoPavers budget to produce 128175 pavers during October. To produce each paver it requires 0.39 kg of Direct Materials which cost $103 per kg. Also
MoPavers budget to produce 128175 pavers during October. To produce each paver it requires 0.39 kg of Direct Materials which cost $103 per kg. Also it requires 0.58 Direct Labour hours at a cost of $18 per hour. The total amount recorded in the Direct Materials Budget for pavers produced in October is closest to: a. 1338147.00 b. 5148789.75 OOOO c. 10.44 d. 899788.50Hours lost on machine breakdowns slowing the production of goods causing limited customer supplies is a measure for the a. Customer Perspective O b. Internal Business Process Perspective O c. Learning and Growth Perspective O d. Financial PerspectiveIf a division has a positive contribution margin this will mean, a. the contribution margin covers all the divisions share of corporate costs. b. the contribution margin will cover some of the divisions share of corporate costs. OOO c. the division will definitely make a profit. O d. the business will definitely make a profit.ElecRetails Wholesalers sell all products on credit. Whilst their credit terms are 30 days, 59% of customers pay their balance within the month of their purchase, 28% pay in the month after their purchase and balance pay two months after their purchase. If budgeted sales are: Month Budgeted Sales (S) January 235810 February 199798 March 300332 April 340855 May 336359 June 35033? Expected cash receipts in June is closest to; Q a. 34519050 0 0' 33293433? 0 c. 350337.00 Q d. 336359.00 An increase in a product's selling price and a decrease in fixed costs will 0 a. increase the number of units to be sold to breakeven) O b. decrease the number of units to be sold to breakeven. O c. will result in a reduced prot if more than the breakeven level of sales is made; 0 d. have no effect on the number of units to be sold to breakeven. Tech Tronics make Laser TVs and sell these at a premium price of $4,500 each. Through their ABC costing system, they have determined their Direct Materials per TV are $1300 and Direct Labour costs per TV are $677. The detailed analysis of ABC determined the indirect variable costs per TV are $100 and fixed costs per TV were $43 when there was a production of 2285 TVs produced last year. Other fixed costs for last year were $138175. Costs are expected to remain constant for the coming year. What is the number or closest to number of TVs that will need to be sold to break-even given the above selling prices and cost information? --- a. 58 b. 98 OOOO c. 94 d. 57Which of the following is the correct option, if business total prots are taxed at a set rate? Q a. Partnerships O b. Companies O o. Trusts O o. Companies and Trusts
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started