Answered step by step

Verified Expert Solution

Link Copied!

Question

...

1 Approved Answer

Posted on May 21, 2024

Part D: Variable/Fixed/Mixed Costs (fort of 5 Marks) 12. Optimal Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed

Part D: Variable/Fixed/Mixed Costs (fort of 5 Marks) 12. Optimal Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead. Cost per Unit $ 5.00 $ 3.60 Cost per Period $ 1.20 $ 29,250 a. What is the total amount of product cost incurred to make 6,500 units? (5 Marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered 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

Recommended Textbook for

Fundamentals of Financial Management

Authors: Eugene F. Brigham

Concise 9th Edition

978-1305635937

Students also viewed these Accounting questions

Question

★★★★★

Selected accounts of Holly Company are shown as follows. Instructions After analyzing the accounts, journalize (a) The July transactions (b) The adjusting entries that were made on July 31. Supplies...

Answered: 1 week ago

Question

★★★★★

Ninhydrin reacts with an amino acid to form a purple-colored compound. Propose a mechanism to account for the formation of the colored compound. catalytic + HNCHCO + CO2+ RCH + 3 HO ninhydrin an...

Answered: 1 week ago

Question

★★★★★

Koshu Corporation is a manufacturer of computer accessories. It uses absorption costing based on standard costs and reports the following data for 2013: There are no price, rate, or efficiency...

Answered: 1 week ago

Question

★★★★★

If you declare an array as int [ ] anArray = new int[5]; you can double the value stored in anArray [2] with the statement: a. anArray[2] = anArray[5] * 2; b. anArray = anArray * 2; c. anArray[2] *=...

Answered: 1 week ago

Question

★★★★★

On January 1, 2014, Railcar Leasing Inc. (the lessor) purchased 10 used boxcars from Rail- road Equipment Consolidators at a price of $8,345,640. Railcar leased the boxcars to the Reading Railroad...

Answered: 1 week ago

Question

★★★★★

The following information is from the records of Chicago Photography: Accounts Receivable, December 31, 2019 $22.000 (debit) Allowance for Bad Debts, December 31. 2019 prior to adjustment 800 (debit)...

Answered: 1 week ago

Question

★★★★★

As an equity analyst you are concerned with what will happen to the required return to Universal Toddler' stock as market conditions change. Suppose rRF= 3%, rM= 11%, and bUT= 1.4. Under current...

Answered: 1 week ago

Question

★★★★★

Joe's Book Store stocks the text "Introduction to Materials Management" by Tony Arnold. The demand for this book is very sporadic depending on when APICS courses are offered and when people start to...

Answered: 1 week ago

Question

★★★★★

Which method would best answer the following question? "Do FOX and NBC describe the current economic crisis differently?" Question 17Select one: a. Survey b. Qualitative content analysis c. Focus...

Answered: 1 week ago

Question

★★★★★

What is the first element in the architecture of a loyalty program? Select one: a. SMART analysis. b. SWOT analysis. c. Initial business case. d. Strategic planning

Answered: 1 week ago

Question

★★★★★

Find the unit tangent vector to the curve at the specified value of the parameter. (Give your answers correct to 3 decimal places.) r(t) i+6j, t=2 = Enter a number. Submit Answer -/6 Points] DETAILS...

Answered: 1 week ago

Question

★★★★★

For the gear and shaft assembly shown in the following figure, Fc = 750 N. Determine the reaction forces the bearings at locations "B" and "D" apply to the shaft. z do D Gear 1 50-mm dia. bazius 45...

Answered: 1 week ago

Question

★★★★★

Investors siving too much weisht to recent experience is what type of information processing error? A) Representativeness B) Forecasting error C) Overconfidence D) Conservatism E) Framing

Answered: 1 week ago

Question

★★★★★

In Exercises 516, find the focus and directrix of the parabola with the given equation. Then graph the parabola. y 2 = 4x

Answered: 1 week ago

Question

★★★★★

6.17 Which investment approach (or approaches) do you feel would be most appropriate for a quality-conscious investor? What kind of investment approach do you think you'd be most comfortable with?...

Answered: 1 week ago

Question

★★★★★

Q6.2 Given the information in the Wall Street Journal quote in Figure 6.4 (page 216), answer the following questions for Harley Davidson Inc. a. On what day did the trading activity occur? b. At what...

Answered: 1 week ago

Question

★★★★★

6.15 Why do most income stocks offer only limited capital gains potential? Does this mean the outlook for continued profitability is also limited? Explain.

Answered: 1 week ago

Previous Question Next Question