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if 12,500 units were produced and sold, what is the average fixed manufacturing cost per unit produced?

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Answer 1

The average fixed manufacturing cost per unit produced is calculated by dividing total fixed costs by the number of units produced. In this case, if 12,500 units were produced and sold, the average fixed manufacturing cost per unit is calculated by dividing total fixed costs by 12,500 units.

Total fixed costs can be found by subtracting the variable manufacturing costs from the total costs. This can be calculated by multiplying the variable costs by the number of units produced and subtracting it from the total cost of production. After subtracting variable costs, divide the resulting number by the number of units produced to find the average fixed manufacturing cost per unit.

Therefore, the formula to calculate the average fixed manufacturing cost per unit produced is as follows: Average fixed manufacturing cost per unit produced = (Total cost of production - (Variable cost per unit x Number of units produced)) / Number of units produced.

In this case, the average fixed manufacturing cost per unit produced is equal to (Total cost of production - (Variable cost per unit x 12,500)) / 12,500.

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Related Questions

which of the following statements is true for a company that maintains beginning and ending work in process and finished goods inventories? multiple choice if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be lower than the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold. if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be higher than the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold. if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be the same as the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold. if the company closes its underapplied overhead entirely to cost of goods sold it will cause the gross margin to be higher than the gross margin reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold.

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if the company closes its underapplied overhead entirely to cost of goods sold it will cause net operating income to be higher than the net operating income reported if the company had closed its underapplied overhead proportionally to work in process, finished goods, and cost of goods sold.



When a company closes its underapplied overhead entirely to cost of goods sold, it reduces the cost of goods sold and thus increases the net operating income as compared to when the overhead was closed proportionally to work in process, FINISHED GOODS INVENTORIES, and cost of goods sold.

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what is the difference between income and expenses?

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Income and expenses are two fundamental concepts in personal finance. Income refers to the money earned or received during a particular period, usually on a monthly or annual basis.

This includes wages, salaries, tips, bonuses, interest, dividends, and any other source of revenue. Income can be categorized as gross or net, depending on whether or not taxes and other deductions have been taken out.

Expenses, on the other hand, refer to the money spent during a particular period. Expenses can be fixed or variable, and they can be essential or discretionary. Fixed expenses are bills that must be paid regularly, such as rent, mortgage, car payments, and insurance premiums. Variable expenses are discretionary, meaning they can be adjusted and are not essential. Examples include groceries, entertainment, clothing, and travel.

The difference between income and expenses is known as net income or net cash flow. If income is greater than expenses, there is a surplus, which can be saved or invested. If expenses are greater than income, there is a deficit, which may lead to debt or financial hardship. Understanding and managing the difference between income and expenses is essential for maintaining financial stability and achieving long-term financial goals.

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to protect the competitive economic system by restricting the formation of monopolies, the government has passed and enforced rationing systems. antitrust laws. the imposition of taxes on certain goods. zoning laws.

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To protect the competitive economic system by restricting the formation of monopolies, the government has passed and enforced b: antitrust laws.

Antitrust laws are regulations that aim to promote fair competition and prevent the formation of monopolies or cartels that can control the market and limit competition. These laws are designed to ensure that businesses compete fairly and that consumers have access to a variety of goods and services at competitive prices.

The government enforces antitrust laws by investigating and prosecuting violations, such as price-fixing, market allocation, and other anti-competitive practices that harm consumers and stifle competition.

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In which of the following countries will the national government have the greatest influence with respect to the nation's economy?A. ChinaB. CubaC. CanadaD. Chile

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Among the given options, the country where the national government will have the greatest influence with respect to the nation's economy is Cuba.

Option A: China

China is a socialist market economy country, which means that the government plays a significant role in the nation's economy. The government of China has a great influence over economic planning, resource allocation, and market regulations. Thus, the national government will have the greatest influence with respect to the nation's economy in China.

Option B: Cuba

Cuba has a centrally planned economy, which means that the government controls all aspects of the nation's economy. The government controls everything from production to distribution and pricing, so it has the greatest influence over the economy.

Option C: Canada

Canada is a developed country with a mixed-market economy. The government of Canada plays a significant role in the nation's economy by providing public goods and services, ensuring fair competition, and regulating industries. However, the private sector is also an important part of the economy, and the government does not have complete control over it.

Option D: Chile

Chile is a market-oriented economy with a high level of economic freedom. The government has implemented various market-friendly policies and trade agreements to promote growth and development. The government regulates some industries and provides public goods and services, but it does not have complete control over the economy. Thus, the national government will have the least influence with respect to the nation's economy in Chile.

Therefore, the correct option is B. Cuba.

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which of the following generic competitive strategies would a producer of commodity such as steel most likely pursue? broad low cost exclusive dealing broad differentiation horizontal integration focus differentiation

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A producer of a commodity such as steel would most likely pursue the broad low-cost generic competitive strategy.

Generic competitive strategies refer to the strategic decisions of an organization in order to achieve a competitive advantage over its rivals. Organizations utilize generic competitive strategies to build a sustainable competitive advantage by exploiting the weaknesses of their competitors in order to boost their market position.

The four most commonly utilized generic competitive strategies are: Cost leadership Broad differentiation Narrow focus Cost leadership and differentiation. The choice of generic strategy is determined by the industry's structural characteristics such as the industry life cycle stage, the level of product differentiation, the intensity of competition, the firm's resources, and the firm's position within the industry. The most appropriate strategy for a commodity producer like steel would be cost leadership.

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