Answer:
The fixed costs per month are $50,000.
Explanation:
The problem can be presented as a system of 2 equations with 2 variables:
Where:
<em>y</em> are the fixed costs,
<em>x </em>are the variable costs per unit produced.
You can solve the system by the method you like. In this case im using the Gaussian Elimination method.
We start with the following AX = b matrix.
![\left[\begin{array}{ccc}1&16000\\1&8000\\\end{array}\right] * \left[\begin{array}{ccc}y\\x\\\end{array}\right] = \left[\begin{array}{ccc}80000\\65000\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D1%2616000%5C%5C1%268000%5C%5C%5Cend%7Barray%7D%5Cright%5D%20%2A%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7Dy%5C%5Cx%5C%5C%5Cend%7Barray%7D%5Cright%5D%20%3D%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D80000%5C%5C65000%5Cend%7Barray%7D%5Cright%5D)
We substract the second row by the first row.
![\left[\begin{array}{ccc}1&16000\\0&-8000\\\end{array}\right] = \left[\begin{array}{ccc}80000\\-15000\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D1%2616000%5C%5C0%26-8000%5C%5C%5Cend%7Barray%7D%5Cright%5D%20%3D%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D80000%5C%5C-15000%5Cend%7Barray%7D%5Cright%5D)
We divide the second row by (-8000):
![\left[\begin{array}{ccc}1&16000\\0&1\\\end{array}\right] = \left[\begin{array}{ccc}80000\\1.875\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D1%2616000%5C%5C0%261%5C%5C%5Cend%7Barray%7D%5Cright%5D%20%3D%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D80000%5C%5C1.875%5Cend%7Barray%7D%5Cright%5D)
We substract the first row by 16,000 times the second:
![\left[\begin{array}{ccc}1&0\\0&1\\\end{array}\right] = \left[\begin{array}{ccc}50000\\1.875\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D1%260%5C%5C0%261%5C%5C%5Cend%7Barray%7D%5Cright%5D%20%3D%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D50000%5C%5C1.875%5Cend%7Barray%7D%5Cright%5D)
Multiplying this reduced matrix by the X matrix to interpret the results:
![\left[\begin{array}{ccc}1&0\\0&1\\\end{array}\right] * \left[\begin{array}{ccc}y\\x\\\end{array}\right] = \left[\begin{array}{ccc}50000\\1.875\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D1%260%5C%5C0%261%5C%5C%5Cend%7Barray%7D%5Cright%5D%20%2A%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7Dy%5C%5Cx%5C%5C%5Cend%7Barray%7D%5Cright%5D%20%3D%20%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D50000%5C%5C1.875%5Cend%7Barray%7D%5Cright%5D)
We can say that Mendoza Company's has<em> y = $50,000</em> fixed costs and each unit costs <em>x = $1.875</em> to produce. Therefore the answer to the problem is $50,000.
Answer:
e. under-applied by $4,000
Explanation:
The overhead rate was calcualte considering labor cost:
144,000 / 240,000 = 0.60
Each dollar of labor cost applies 60 cent of overhead
applied overhead:
$220,000 labor cost x 0-60 each = 132,000 applied overhead
now we compare against the 136,000 actual overhead
as we didn't met the value and fell short, we have underapplied the overhead.
Answer:
$3500 is deductible
Explanation:
The question is not complete . Please see the solution below :
The Investment Interest expense can be set off against Net Investment income ( Interest income - Investment expenses i.e $25000-$2000=$23000) to the extent and the remaining is carried forward to the next year. so here the investment interest expense is wholly set off against the interest income i.e $3500 is deductible
Answer: Corporate Cultural Responsibility.
Explanation:
The corporate cultural responsibility of a company are the standards members of the society have come to expect from the company based on the previous ways their members of staff have been seen to operate. Corporate Cultural responsibility can be seen in staff dress-code and work style.
