Section 9- special precaution section of MSDS indicates special handling , storage precaution and any protective measure of a product .
Physical and Chemical Properties :You should check that the description( physical state and presence) of the substance on the MSDS is the same as the substance you have.However, you may not have the accurate MSDS, If it isn't. Alternately, the substance may be old or may have decayed during shipping or warehouse. In either case, the facts on the MSDS may not apply, and you should gain fresh advice.
The rest of the facts in this section is used to help adjudicate the conditions under which the material may be dangerous. Specialized specialists use this information to develop specific work point procedures for liability control, storehouse, running, fire fighting, slip clean- up, etc
Material Safety Data Sheet( MSDS) :MSDS provides introductory information on a substance or chemical product. A MSDS describes the properties and implicit hazards of the substance, how to use it safely, and what to do in an exigency. The purpose of this document is to help Canadian workers in settlement and demonstrating this type of facts.
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when new firms have an incentive to enter a competitive market, their entry will a. shift the market supply curve to the left. b. increase the price of the product. c. increase demand for the product. d. drive down profits of existing firms in the market.
When new firms have an incentive to enter a competitive market, their entry will shift the market supply curve to the left. A competitive market is an economic word that refers to a marketplace with a large number of customers and sellers where no single buyer or vendor can influence the market.
Competitive markets have no entry barriers, a large number of customers and suppliers, and homogeneous products. Perfect competition, monopolistic competition, oligopoly, and monopoly are the four types of economic market structures. A competitive market is one with the greatest amount of competition feasible. It is also known as a perfectly competitive market because it has many buyers.
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what are the typical requirements for a new business to obtain a city or county business license? (check all that apply.)
To allow businesses to function, the government of a particular municipality or state issues licences and permits. Business licences safeguard the public's health and safety by holding companies responsible for their actions and behaviour.
The businesses level of expertise and knowledge that a particular professional possesses is demonstrated by their professional licences. A business licence is required in India for a specific person to launch a business. This is a crucial document that the local council has produced. A business licence is a permit given to companies by a government agency allowing them to operate in a certain location. The federal, state, or local governments may issue them.
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as long as market price remains above the average total cost, and the firm chooses the profit-maximizing level of output, it will:
As long as market price remains above the average total cost, and the firm chooses the profit-maximizing level of output, it will make profit.
What is the meaning of market pricing?Market rates is a tactic used to set the price in accordance with what is currently being paid in the marketplace for identical or comparable goods and services. Businesses are given the chance to establish higher pricing initially before lowering them to match market rates in order to remain competitive while still increasing return on investment.
Why does the market price matter?The current value of a given commodity is the point at which supply and demand for that good are equal. It is crucial for figuring out consumer surpluses, economic overages, etc. A good or service's market price may change as a result of changes or shocks with in demand and supply components.
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the present floating exchange rate system was group of answer choices designed by the imf and implemented flawlessly in 1973. established by the major trading nations in 19721 after nixon closed the gold window. implemented in tandem with a reintroduction of the gold standard. established after several trials in which central bankers set rates incorrectly and speculators corrected them in the markets, and formalized after the fact in the imf's jamaica agreement.
The present floating exchange rate system was established after several trials in which central bankers set rates incorrectly and speculators corrected them in the markets, and it was formalized after the fact in the IMF's Jamaica Agreement.
An exchange rate system is basically a currency system, which determines the value of the domestic currency with respect to another country's currency. To the fixed type of exchange rate systems which is the gold standard and Bretton Woods. As the name suggests gold standard relied on the exchange of gold while Bretton Wood relied on the central bank management.
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the covered loan law limits total fees and points paid by the borrower prior to closing to what amount?
The covered loan law limits total fees and points paid by the borrower prior to close to 6%.
a person or business that takes out a loan, especially one for cash from a bank: Banks support potential new borrowers. Interest is owed by the borrower from the time the loan is disbursed until it is fully repaid. Typically, the borrower signs a contract and consents to specific terms regarding repayment. The term "principal borrower" may also be used to refer to this person, which designates the person who has borrowed the "principal" or primary loan amount. An individual or other entity incurs debt when they take out a loan. The lender advances the borrower some cash, which is typically provided by a business, financial institution, or the government. In exchange, the borrower consents to a particular set of terms, which may include any finance charges, interest, a repayment schedule, and other requirements.
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If the democrats maintain control of the house, what will the consequences be for the issue of the economy?.
The democrats and Republicans agreed that the United States should continue to be the world's primary supplier of agricultural products. They supported maintaining the country's agricultural-based economy.
They held that the government should only carry out its obligations under the U.S. The constitution and supported states' rights and a rigorous reading of the document. They democrats the self-government economy and were founded on democratic ideals. Instead of emphasizing the objective of replacing the capitalist system (factor markets, private property, and the wage labour) with a qualitatively different socialist economic system, social democrats championed Keynesian economics, state interventionism, and the welfare state.
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the cape cod cotton candy company had the following information available regarding last year's operations: sales (100,000 units) $200,000 variable costs 100,000 contribution margin 100,000 fixed costs 50,000 net income 50,000 if sales were to increase by 200 units, what would be the effect on net income?
The cape cod cotton candy company had the following information available. The effect on net income will be $200.
Net income refers to the quantum an individual or business makes after abating costs, allowances and levies. In commerce, net income is what the business has left over after all charges, including payment and stipend, cost of goods or raw material and levies.
Calculating the problem:Selling cost per unit = $ 200,000 ÷ $ 100,000
= 2
Variable cost per unit = $ 100,000 ÷ 100,000
= 1
sales = 100,200× 2 = 200 ,400
Variable cost = 100,200 × 1
= 100,200
Contribution margin = 100,200
Fixed cost = 50,000
Net income = 50,200
So , net increase is $ 200.
Is Net Income the Same as Profit?
Generally, net income is synonymous with profit since it represents the final measure of profitability for a company. Net income is also appertained to as net profit since it represents the net quantum of profit remaining after all charges and costs are abated from profit.
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does your brand license trademarks to others who manufacture products associated with your intellectual property?
Owners of brands may rent their software, characters, or patents to other businesses. Licensees have the option of producing goods with the IP on them or reselling the IP for more money.
To do, use, or own something, you need a license (or license) from the brands government.
As a component of an agreement between those parties, a license is given by one party (the licensor) to another party (the licensee). When a government license is required, an application must be submitted in brands order to obtain one. It is by a specific agreement, typically in writing, in the case of a private party. The most basic definition is "A license is a promise not to sue," because a license typically allows the party with the license to engage in an activity that would be illegal and punishable without the license.
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a company's interest expense is $11,000. its income before interest expense and income taxes is $52,250. its net income is $17,250. the company's times interest earned ratio equals: multiple choice 3.03. 4.75. 0.211. 0.33. 0.64.
The company's times interest earned ratio equals 4.75.
Times interest earned ratio = Income before interest expense and income taxes / Interest expense = 52,250 / 11,000 = 4.75.
A company's ability to continuously pay off its debt is measured by the Times Interest Earned (TIE) ratio. This ratio is calculated by dividing a company's EBIT by its recurrent interest expense.
The ratio is the theoretical frequency with which a company would have to make periodic interest payments if it applied 100% of its EBIT to debt repayment.
The TIE's primary goal is to calculate a company's default risk. As a result, it is simpler to determine crucial debt features, such as the appropriate interest rate to use or the maximum amount of debt a company may take on before going bankrupt.
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Darian expects to get $7,500 in grants each year. what is the minimum amount he should expect to contribute for four years at the university? $22,875 $91,500 $114,000 $151,500
Darian's estimated contribution for his four years at the university is $91,500.
In an out-of-state institution, Darian must pay 18,900 dollars a year for tuition, 7,650 dollars for housing, 1475 dollars for books, and 2,350 dollars a year for additional costs.
He spends a total of (18900 + 7650 + 1475 + 2350) dollars annually.
= $30,375 on a yearly basis.
His total expenses for four years will therefore be (4*30375) dollars.
is $1,21,500.
Given Darian anticipates receiving awards totalling 7,500 dollars annually, or ($4*7500), over the course of four years is $30,000.
Darian is anticipated to contribute between ($1,21,500 -$30,000) dollars which equal to $91,500.
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Answer:
The answer is $91,500
Explanation:
diminishing returns jesaki inc estimates that it will sell units of product after spending $ thousand on advertising, as given by 0.41 50 1,097 163,906. what is the point of diminishing returns? round to the nearest dollar. $
If one input in the production of a good is increased while all other inputs are held constant, a point will eventually be reached where more additions of the input result in increasingly smaller, or diminishing, increases in output. The law of diminishing returns or the diminishing marginal productivity principle are two names for this economic principle.
What is Diminishing return:
Even though the law of diminishing returns has its roots in traditional economic theory, it is one of the most well-known economic ideas outside of the classroom. The law is applicable in numerous different real-world scenarios that go beyond production and manufacturing into areas like marketing and customer relations, however some of the most prevalent examples pertain to farming.
When one production element is increased incrementally while keeping the amount of all other production factors constant, the marginal output of the manufacturing process decreases. In economics, this phenomenon is referred to as diminishing returns.
According to this law, an increase in the quantity of a certain component made by a single manufacturer would lead to a drop in gross profit efficiency.
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consider a policy of tariff protection that results in $10,000 of deadweight losses while generating $5,000 of tariff revenue for domestic government. suppose an otherwise equivalent ver (voluntary export restraint) policy is in place of the tariff protection policy. then the national welfare loss to the domestic economy is equal to:
The national welfare loss to the domestic economy is equal to $15,000
VER (voluntary export restraint) is a trade restriction that is on similar lines as that of import quota but with a crucial difference being that instead of the home country defining the limit on the number of goods imported, it is the foreign country that voluntarily placed a limit on the quantity it will be exporting to the home country. Initially, when the tariff is being imposed, the government was earning $5,000 as tariff revenue. If VER is imposed then as in the case of quota, a fixed quantity will be imported. This restriction will raise the price and foreign countries would be able to sell the fixed quantity at higher prices. As VER is replacing import tariffs, revenue from tariffs will now be transferred to foreign countries in terms of the higher price result of VER. So, now national welfare loss will be,
National welfare loss = Deadweight loss with tariff + Benefit transferred to foreign producers
= $10,000 + $5,000
= $15,000
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the short-run aggregate supply curve is positively sloped because: group of answer choices business people are subject to money illusion. wages are sticky. workers care about nominal wages, not real wages. of diminishing returns to labor.
Due to the fact that higher profits and output are accompanied by higher prices, the short-run aggregate supply curve has a positive slope.
Why is aggregate supply in the short term positively sloped?
Because some nominal input prices are fixed and more production processes experience bottlenecks as output rises, the aggregate supply curve is short-term upward sloping. Production can be increased without diminishing returns at low demand levels, and the average price level does not rise.
The short-run aggregate supply curve is sloping upward for a reason.
Since wages and other costs are short-term sticky, it slopes upward. As a result, higher prices result in greater profits (prices minus costs), which in turn results in a greater quantity supplied.
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when you list prices for necklaces sold on your website, www.sparklingjewels, in dollars, this best illustrates money's function as group of answer choices a method of barter. a medium of exchange. a unit of account. a store of value.
Money serves as a unit of account. Money is used for buying and selling objects because it serves as a medium of exchange.
Money is a type of asset that people in an economy use to buy goods and services. Money serves as a unit of account, which is one of its most important characteristics. A unit of account is a monetary unit that can be used to value goods and services, record debts, and perform calculations. In other words, it is a value measurement. A unit of account has three important money-related characteristics.
A unit of account can be subdivided so that the sum of its parts equals the original value.
One unit is treated the same as any other, with no difference in value.
A unit of account is also countable and subject to mathematical operations. Units can be easily added, subtracted, divided, and multiplied. Profits, losses, income, expenses, debt, and wealth can all be tracked using this method.
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stephanie knows that she needs to include information in the controls section of the marketing plan about what the company will do if the initial marketing strategy it has planned does not garner the results the company wants. this information is known as the
The steps the company must take to achieve the marketing goals it set in its mission statement and strategic planning are listed in the marketing strategy component.
Greater market share, stronger brands, and increased profits are all possible outcomes of a successful marketing strategy.
What is a plan for marketing?
document that describes the promotion and marketing efforts made to achieve one or more marketing goals for a specific time period and defines the target market.
What is the least important component of a marketing strategy and why is it so important?
The most essential component of any marketing strategy is situational analysis. The entire section provides an overview of the business as well as its products and/or services, as well as a summary of the sector, a SWOT analysis, and competition.
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if ohio company received $2,250 as partial payment on the $9,000 account of carson mueller company and wrote off the remaining balance as uncollectible, the only difference between the entry under the direct write-off method and the allowance method (assuming that an adequate allowance account had been set up) would be a
A debit of $6,750 to Allowance for Doubtful Accounts under the direct method as opposed to a debit of $6,750 to Allowance for Bad Debt Expenses under the allowance method.
What exactly is a direct write-off technique?
The direct write-off method is a straightforward procedure that requires you to enter a journal entry to credit your accounts receivable account with the same amount as the bad debt and debit your bad debt account for the bad debt.
Due to the fact that an allowance for doubtful accounts affects the value of an asset, in this example the accounts receivable, it is referred to as a "counter asset."
Therefore, Depending on the company's prior history with bad debt, a percentage of net sales can be used to estimate a bad debt expense.
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what refers to your willingness to engage in risky behavior that entails the possibility of a financial loss?
Risk tolerance is related to having the resources and controls in place to absorb or "tolerate" a given risk, expressed in qualitative or quantitative risk criteria, and accepting the outcomes of a risk should they occur.
How is risk tolerance determined?
Ask yourself questions like these and think about your behavioral tendencies to get a better understanding of your risk tolerance. Think about what you would likely do if you lost a lot of money on an investment or what decisions you've made in the past when the markets went down.
What three aspects of risk tolerance are there?
An investor's risk tolerance is the amount of loss they are willing to take when making an investment decision.Typically, investors are divided into three main categories based on their tolerance for risk.Aggressive, moderate, and conservative are among them.
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which of the following is one of deming's fourteen principles of management? set targets for the work force asking for zero defects and new levels of productivity. develop work standards (quotas) on the factory floor. institute a vigorous program of education and self-improvement. move toward multiple suppliers for any one item. establish the need for inspection on a mass basis.
Develop work standards (quotas) on the factory floor is is one of Deming's fourteen principles of management. The British Library, Peter Drucker: the father of management thought.
The activities that "plan, organise, and control the operations of the basic elements of [people], materials, machines, methods, money, and markets, providing direction and coordination, and giving leadership to human efforts, in order to achieve the sought objectives," are what are formally referred to as management principles. A manager's job is to give all efforts to achieving organisational objectives general direction and Develop. Increasing productivity through effective planning, organizing, controlling, and directing, management contributes to the business's increased efficiency.
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southeast plumbing had cash sales for the month totaling $732,000. southeast offers a 6-month warranty on its services. if southeast estimates warranty claims will equal 3% of sales, the journal entry to record the estimated warranty expense for the month is:
Charge for warranty, $21,960; credit The probable warranty amount due is $21,960.
What is the estimated cost of the warranty?
a liability account that details the anticipated cost of repairing or replacing a product during its warranty period. At the time of the sale, the amount of the liability is recorded.
Is the warranty payment credited or debited?
With a debit to the warranty expense account and a credit to the warranty liability account, accrue the warranty expense. Debit the warranty liability account and credit the inventory account for the cost of the replacement products and parts sent to customers as actual warranty claims are received.
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which play is key for using metrics in the sales system because it signals a milestone in the sales process?
A sales process typically consists of 5-7 steps: Prospecting, preparing, approaching, presenting, resolving objections, concluding, and following up are all included.
When responding to an objection, the first step is to listen carefully and then show empathy.Take an interest in their concern, try to comprehend their point of view, and most importantly, realize that you can't argue with their viewpoint. Don't be patronizing.
What are Hill's framework's five primary components?
An iterative framework that connects corporate objectives is provided by the operations strategy model developed by Terry Hill.His five-step structure includes:The company's goals, marketing strategy, winning orders, selection of the delivery system, and infrastructure.
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any corporate distributions that exceed earnings and profits are always taxable as capital gains. a. true. b. false.
The statement is False because distributions made by corporations in excess of earnings and profits are not usually subject to capital gains tax.
So, the correct option is B.
Capital gains are profits from the sale of a capital asset, such as stock, a company, a piece of land, or an artwork. Normally speaking, capital gains are taxed at a lower rate even though they are generally included in taxable income. To the extent that it represents a dividend, a distribution from a corporation is counted as part of the taxpayer's gross income. A distribution from the corporation that is distributing the money is said to be a taxable dividend.
The excess of a non-dividend distribution over the stock basis is taxed as a capital gain on the shareholder's personal tax return. If the shares of an S corporation have been held for more than a year, it is a long-term capital gain (LTCG).
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a bond with a face value of $100,000 is retired at 96. there is still a balance in discount on bonds payable of $1,200. what is the gain or loss on the retirement of the bond?
The bond's retirement will result in a gain of $2,800 if the $100,000 face value of the bond is retired at 96.
The company will pay out cash equal to 96% of the bond's $100,000 face value if it is retired at age 96, thus,
= face value x pay out cash
= $100,000 x 96%
= $100,000 x 96/100
= $1000 x 96
= $96,000.
Face value of the bonds = $100,000
Discount on bonds payable = $1,200
The bonds' book value equals their face value of $100,000 less the $1,200 discount. So,
Book value of the bonds = Bond with face value - Discount
= $100,000 - $1,200
= $98,800
Since the bonds were retired at less than their book value, the gain on the retirement is as follows:
The gain on the retirement = Book value of the bonds - Face value of retired at 96
= $98,800 - $96,000
= $2,800
As a result, there is a gain of $2,800 gain from retiring the bond.
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a company's records showed the following for the month of december: sales $9,000; sales returns and allowances $1,000; cost of goods sold $5,000. net sales equal:
The total of a company's net sales is its gross sales less any returns, allowances, and discounts.
What is the formula for net sales?The total income that your company brings in before discounts, returns, and allowances is referred to as gross sales value. The following is the net sales formula.Net sales = Gross sales – Returns – Allowances – Discounts.
Sales made with a debit card, cash, credit card, or trade credit will all be counted toward the total sales. The total number of units sold is multiplied by the price per unit for the purpose of calculating gross sales.Example to illustrate net salesThe net sales will be computed with the formula net sales = gross sales – returns – allowances – discounts. The net sales would be $9000 - $1000 - $5000 = $3000.
Gross Sales = $9,000
Returns and Allowances = $1000
Discounts =$5000
Net Sales = $3000.
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in the study of cross-cultural data about the division of labor from 185 societies worldwide mentioned in chapter 9, there is no mention of group of answer choices household work. manual labor. trade and market activity.
'in the study of cross-cultural data about the division of labor from 185 societies worldwide is trade and market activity.
Market activity describes the consumption composition of a product in a particular region, taking into account trade between producers and consumers and, if necessary, product losses during the transportation of products.
Market activities focus on the function of consuming goods/products, while non-market activities focus on the production of goods/products. Market transactions may add or subtract values depending on individual sales volumes.
Market activity is the reward for those who perform their services. H. Activities performed for reward or profit. 1. Non-metallic activities are production for own consumption. 2. This includes the production of goods or services, including government services.
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you have decided to pursue a research strategy that focuses on how large a potential market analog audio presents for structural sound. to begin your research, you need to start looking for sources. which general kind of source should you use to begin your research?
The general kind of source should you use to begin your research strategy is a website for a very small company that produces analog sound equipment.
A step-by-step plan of action that directs the researcher's cognitive process is referred to as a research strategy. It makes it possible for a researcher to carry out their research methodically, systematically, efficiently and on time. The primary goal of this section is to introduce the key elements of the study, including the research topic, areas of interest, primary focus, research design, research source and finally the research methods.
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special case of the divisional structure where products are grouped into separate divisions according to their similarities or differences is referred to as which kind of structure?
A market structure is a type of divisional structure that divides products into distinct divisions based on the needs of different customers.
An item that is for sale is a product. A service or tangible object can both be considered products. It might be digital, physical, or cyber. Every good has a price, and every good has a cost.
A standardized product uses the same materials wherever it is sold, from the raw materials used to make it to the branding, naming, and packaging. Each time a standardized service is delivered, it may be delivered through the same medium or with similar characteristics.
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what is the process of screening large amounts of information to anticipate and interpret changes in the surrounding economic area
Environmental scanning is process of screening large amounts of information to anticipate and interpret the changes in surrounding economic area.
What is Environmental scanning?An organization's internal and external surroundings are scanned for events and their relationships as part of the environmental scanning process. The main goal of environmental scanning is to assist management in choosing the organization's future course. In a continuous scanning method used by Thomas Edison State University, committee members get together once a month to discuss internal and external events that could have an impact on how the university conducts business. These occurrences could include changes in student enrolment patterns, weather patterns or natural disasters, global events, financial conditions, federal legislation, marketing, etc. Following a quarterly summary, all College staff members receive the monthly findings. The Environmental Scanning Committee is a useful tool for management because it enables them to make decisions that are impacted by trended analyses of past occurrences and projections of future events.
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4. who is responsible for financial and traffic data collection within the department of transportation? describe the role of this government bureau. what is the interline traffic
The MnDOT district or responsible agency is responsible for financial and traffic data collection within the department of transportation.
Federal transportation projects must be planned and coordinated by the Department of Transportation. It also establishes safety standards for all significant forms of transportation.
To make provisions for the upkeep and improvement of the transportation system and guarantee the provision of public transportation services, paying special attention to economic competitiveness, social needs, environmental sustainability, and safety goals.
When one party asks another party to provide public railway freight transportation services to a User, this is referred to as interline traffic. This service entails the exchange and carriage of dragged equipment.
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How does financial planning help individuals?
Financial planning helps individuals to make smart
A. investments
B. insurance
C. Infrastructure
and save taxes.
A competent financial advisor will always advise their clients to
A. quantify
B. combine
C. diversify
their portfolio to reduce risks.
simpire produces one product p1. their cost of materials is $6.20 per unit and the cost for labor is $1.20 per unit. they have an overhead cost of $ 240,000. if simpire budgets to sell 30,000 units, what is the total budgeted cost for every unit?
The total budget for cost per unit is $ 15.4
How to calculate cost per unit?
Cost per unit is cost required to produce each unit of product. Cost per unit can be calculated by add up all costs divided by the number of units produced.
Since, we know the cost per unit for materials and labor, we simply divide the overhead cost by the number of units produced, and then we add up all the costs.
cost per unit = $ 6.20 + $ 1.20 + ($ 240,000 / 30,000 units)
= $ 6.20 + $ 1.20 + $ 8
= $ 15.40
Thus, the total budget for cost per unit is $ 15.4
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