What is the expected total cost of the units produced

Reference no: EM13320194

Variable cost per unit is budgeted to be $4.00 and fixed cost per unit is budgeted to be $3.00 in a period when $4,000 units are produced. If production is actually 6,500 units, what is the expected total cost of the units produced? 2.)Mannys Metallic has the following costs in a period when production is $1,000 units: Direct material,$7,000; direct labor,$10,000;depreciation, $800;rent,$2,000 and other fixed costs,$5,000. If production changes to 2000 units, how much will be the total costs? 3.)For the year ended Decemeber 31,2007, the Ruby Company had a cost of goods sold of $975,000 and cost of goods manfactured of $900,000. If the December 31,2007 Finished Good balance was 150000, what was January 1, 2007 balance in the Finished Good Inventory account?

Reference no: EM13320194

Questions Cloud

Basic present value calculations : Basic present value calculations Calculate the present value of the following cash flows, rounding to the nearest dollar: a. A single cash inflow of $12,000 in five years, discounted at a 12% rate of return.

Calculate the investment income for the year : Indicate whether the imputed interest rules should apply in the following situations. Assume that all of the loans were made at the beginning of the tax year unless otherwise indicated. If an amount is zero, enter "0".

What engineering parameter must the joint surfaces possess : The roadway is to be widened which will require a slope face cut at a steeper angle. Assume zero cohesion along the joints. What engineering parameter must the joint surfaces possess (magnitude) to be stable

Discuss the ethics : Jagmohan Singh, hotel owner, decides that to control costs he cannot offer employees a raise next year

What is the expected total cost of the units produced : Variable cost per unit is budgeted to be $4.00 and fixed cost per unit is budgeted to be $3.00 in a period when $4,000 units are produced. If production is actually 6,500 units.

Design the weir structure in order to accommodate the design : Along the length of the channel the bed drops by an average of 2.5 metres every kilometre. Historic accounts indicate that the maximum flow of water in the channel prior to the construction of the gauging structure was 1.4 m.

Explain the photons emitted by hydrogen atoms : What is the frequency of the photons emitted by hydrogen atoms when they undergo transitions from n=5 to n=3.

Calculate the income allocation : Doctors Maben, Orlando, and Clark have been in a group practice for several years. Maben and Orlando are family practice physicians, and Clark is a general surgeon.

Premiums paid for group term life insurance : In arriving at the $270,000 of partnership profits, the partnership deducted $2,400 ($800 for each partner) in premiums paid for group term life insurance on the partners.

User Account

All Pages