Determine the total product costs assigned to each product using traditional costing by using machine hours as the allocation base (hint: remember that total product costs = direct materials + direct labor + manufacturing overhead). 

Vance Refrigeration makes 50,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials $12.00 Direct labor $10.10 Variable manufacturing overhead $2.00 Fixed manufacturing overhead $14.10 Unit product cost $38.20   An outside supplier has offered to sell the company all of these parts it needs for $37.30 a unit. If the company accepts this offer, the facilities now being used to make the part could be used to make more units of a product that is in high demand. The additional contribution margin on this other product would be $310,000 per year. If the part were purchased from the outside supplier, all of the direct labor cost of the part would be avoided. However, $9.70 of the fixed manufacturing overhead cost being applied to the part would continue even if the part were purchased from the outside supplier. This fixed manufacturing overhead cost would be applied to the company’s remaining products. What is the financial advantage (disadvantage) of buying the part rather than making it?  

Which of the following statements is true of Children’s Internet Protection Act (CIPA)?

What is another name for a tethered PHR?

Which trade group protects the intellectual property of member companies and advocates a legal and regulatory environment that benefits the software industry?

What type of attack keeps the target so busy responding to a stream of automated requests that legitimate users cannot get in?

Which term distinguishes the person who uses a hardware or software product from the IT workers who develop, install, service, and support the product?

Companies that develop and maintain strong employee relations:

What is another name for a tethered PHR?

Which of the following statements is true of Children’s Internet Protection Act (CIPA)?