Answer:
Economies of scope
Explanation:
In the case of economies of scope, the efficiency should be attained via generating the variety of goods and services. In this the production cost is reduced at the time when different kinds of products are being produced
so as per the given situation, it is an example of the economies of scope
Therefore the same is to be considered and relevant
Answer:
Note <em>See complete and organized question as attached as picture below</em>
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1. Dividend yield ratio
Correct phrase: Relationship between dividends and the market price of a company's stock.
2. Dividend payout ratio
Correct phrase: Percentage of earnings paid out as dividends.
3. Return on assets ratio
Correct phrase: Measure of a company's success in earning a return for all the providers of the capital.
4. Return on common stockholders' equity ratio
Correct phrase: Measure of a company's success in earning a return for the common stockholders.
As far as I remember the four stages or steps in production planning and control are:
- Routing,
- Scheduling,
- Dispatching, and
- Follow-up.
to me, it seems to be part of the <u>scheduling </u>step.
Good luck on your exam
Answer and Explanation:
The computation is shown below:
1
Labor efficiency variance = Labor spending variance+Labor rate variance
= $450 + $500
= $950U
Now as we know that
Labor efficiency variance = SR × (AH-SH)
950 = $38 × (AH - 58 × 2.50)
950 = $38 × (AH - 145)
25 = AH - 145
AH = 145 + 25
= 170
Actual labor hours = 170 hours
2
Labor rate variance = AH × (SR-AR)
450 = 170 × ($38 - AR)
2.65 = 38 - AR
AR = 38 - 2.65
= $35.35
Answer:
$2.38
Explanation:
Note : I have uploaded the full question below as an image
Step 1
<em>Calculate the Equivalent units of production with respect to conversion costs</em>
Units Completed and Transferred (81,000 x 100%) = 81,000
Plus Units in Ending Work In Process (9,000 x 20%) = 1,800
Total Equivalent Units = 82,800
Step 2
<em>Calculate the Total Conversion Costs during the period</em>
Total Conversion Costs = $197,380 (given)
Step 3
<em>Calculate Cost per Equivalent Unit</em>
Cost per Equivalent Unit = Total Cost ÷ Equivalent Units
= $197,380 ÷ 82,800
= $2.38
