5000 + 2 x ‚ where C is the cost (in dollars) and x is the number of units manufactured. (a) If no units are produced‚ what is the cost? (b) If the manufacturer produces 3000 units‚ what is the cost? (c) If the manufacturer has spent $16‚000 on production‚ how many units were manufactured? Answer these questions by substituting the numbers into the formula. (a) If no units are produced‚ then x = 0‚ and C = 5000 + 2 x becomes C = 5000 + 2(0) = 5000. The cost is $5‚000. (b) If the manufacturer
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BSG Quiz 2 Answers The highlighted red answers are the ones that are correct. The simplest way of navigating through this document is to press find and put down a very unique quote from the question on BSG. For example to find the answer for the question below would be the find the quote “companies can expect to sell”. Make sure it is 100% the same question and answers and you will do very well on this quiz. Some questions have similar wording and the question may be further down the document. Another
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calculations are done for goods produced in the year in question Question 2 (cost of goods manufactured in 2008/ sales value for units produced in 2008) * ending inventory 2008 (16.8/21) * 11.5 9.748 million Question 3 Luxor uses a FIFO inventory system‚ so the inventory that is sold first actually may come from prior years. Because of this‚ goods that are sold in each year need to be separated into goods produced in that year and goods produced in prior years. This is necessary
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Costing Method Paper ACC/561 September 09‚ 2013 James Krause Absorption accounting method according to E Notes (n.d.) “is a method of accounting where all costs of the manufacturing are included and are allocated to the produced units”. This would include fixed‚ variable and mixed costs. This type of accounting would allow a more accurate figure to supply to upper management about their product and what the bottom line is. This is the most important factor in Absorption accounting
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OPERATIONS MANAGEMENT Assignment 1 PRODUCTS‚ THEIR TYPES AND DIFFERENCIATION Submitted to: Mr. Tahir Aziz Khan Prepared by: Muhammad Adeel Khan CIIT/FA09-MBA-069/LHR Awais Ahmad CIIT/FA09-MBA-027/LHR Najm-ul-Hassan CIIT/FA09-MBA-112/LHR
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systems (also called inventory project management systems or inventory control systems) are essential to new product development and sales for many businesses. These systems use software programs that track the quantitiess of a product that are produced and sold by a company. When a company launches a new product (a project) or makes changes to an existing product‚ the inventory project system not only manages the units of product going out‚ but also acts as an indicator of the success of the project
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questions followed.BOOKS SOLD IN MAY Number of Books Sold 1500 1200 | 900 | 600 | 300 | 0 Science Filipino Math | Subject Question: 1. What is the title of the graph? 2. What is the number scale? 3. What information is on the horizontal axis? 4. What is the label on the vertical axis? 3. Motivation * Look on the board * Analyse the picture separate and count the number of different animals. * The number of pets there is sold from the pet shop. Daily sold Pet in Jasmine Pet Shop
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beginning or ending inventories. A total of 20‚000 units were produced and sold last month. What is the company’s margin of safety in dollars? Answer $400‚000 $600‚000 $120‚000 $880‚000 . 10 points Question 2 The following is Addison Corporation’s contribution format income statement for last month: The company has no beginning or ending inventories. A total of 20‚000 units were produced and sold last month. What is the company’s break-even in units?
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or level of activity‚ unit selling prices‚ variable cost per unit‚ total fixed cost‚ and sales mix. Volume or level of activity is how many units are produced or sold. The unit selling prices are the cost that each unit produced is sold or thought to be sold will sale for. The variable cost per unit means that the cost of each unit produced or sold may change depending on the activity level. Different variable cost‚ fixed cost remain the same in total‚ regardless of changes in activity level. Sales
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falling collectively owned enterprise develops into the globe best brand in white goods area. The reason for Haier’s success in China: In 1980s‚ there were about three hundred refrigerator manufacturers‚ but almost all the local companies produced substandard products‚ included Haier. Mr. Zhang thought‚ in order to increase the competitively‚ the quality of the product should be improved then get the approval from costumes and also get the brand loyalty. Mr. Zhang destroyed the substandard
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