Ravelo Corporation has provided the following data from its activity-based costing system:
Activity Cost Pools Total Cost Total Activity
Assembly $498,520 44,000 machine-hours
Processing orders $54,263 1,100 orders
Inspection $77,589 1,100 inspection-hours
Data concerning the company's product L19B appear below:
Annual unit production and sales 430
Annual machine-hours 990
Annual number of orders 70
Annual Inspection hours 20
Direct materials cost $37.74 per unit
Direct labor cost $10.45 per unit
According to the activity-based costing system, the average cost of product L19B is closest to:
a. $4819 per unit
b. $82.31 per unit
c. $85.56 per unit
d. $7753 per unit
Answers
Answer:
Activity Cost Pools Total Cost Total Activity
Assembly $498,520 44,000 machine-hours
Processing orders $54,263 1,100 orders
Inspection $77,589 1,100 inspection-hours
Explanation:
Activity Cost Pools Total Cost Total Activity
Assembly $498,520 44,000 machine-hours
Processing orders $54,263 1,100 orders
Inspection $77,589 1,100 inspection-hours
Related Questions
Which of these elements contributes toward globalization of the economy?
Answers
The element which contributes to the globalization of the economy is the use of foreign labor. Therefore, A is the correct option.
What is globalization?Globalization is the process of globalizing trade, goods, and services. Under this process, the trade, import, and export barriers are at a minimum. Not only the goods and services but the culture and customs of one country are also seen to be adopted by other countries under globalization. Globalization is the process of interacting with other countries by globalizing.
The process of globalization involves many ways including people-to-people contact such as visiting other countries; increasing trading by enhancing the value of imports and export; increasing the cultural contact between the countries such as Yoga which is an ancient wisdom of India is now becoming a part of the daily routine of many people around the globe.
Thus, the employment of foreign labor is a factor in the globalization of the economy. As a result, choice A is the best one.
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The given question is incomplete. The complete question is given below.
Which of these elements contributes toward globalization of the
economy?
A. Use of foreign labor
B. Import duties and tariffs
C. Anti-immigration policies
D. Opportunity costs
Importance of allocating duties and responsibilities to a procurement staff
Answers
Procurement officers are responsible for assessing suppliers, products, and services, negotiating contracts, and guaranteeing that approved acquisitions are both high-quality and competitively priced.
A procurement officer's responsibilities include managing the staff and all activities within the purchasing department. the creation of plans for the purchase of goods, services, and equipment. following and respecting the procurement policies of the firm.
Keeping records of procurement officers' qualifications, delivery timelines, product offerings, etc. up to date. maintaining favorable supplier connections and contract negotiations. Examining and research prospective suppliers making budgets, reports, and cost analyses.
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An example of the effect of globalization on US consumers is what
Answers
Answer:
Decreases the cost of manufacturing
Explanation:
Decreases the cost of manufacturing
Let MAC1 = 100 – 10E and MAC2 = 50 – 10E. Graph each function and compute the aggregate MAC curve. Let MD = 30E, compute the socially efficient equilibrium. For the equations given above, suppose the government sets the pollution level at four units. What are the net social costs of this policy?
Suppose a technological change occurs that reduces the marginal costs of abatement for polluter 1 in the above equation to that of polluter 2. How does this affect the socially efficient level of pollution? Solve numerically and graphically.
Answers
If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.
To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.
For MAC1: MAC1 = 100 - 10E
For MAC2: MAC2 = 50 - 10E
To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.
Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E
Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.
MD = Aggregate MAC
30E = 150 - 20E
Simplifying the equation, we get:
50E = 150
E = 3
Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.
Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.
Net social costs = Aggregate MAC - MD
Net social costs = (150 - 20(4)) - (30(4))
Net social costs = 110 - 120
Net social costs = -10
The net social costs of this policy would be -10, indicating a net benefit to society.
If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.
Setting MAC1 equal to MAC2:
100 - 10E = 50 - 10E
Simplifying the equation, we find that E can have any value, as both sides are equal.
Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.
In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.
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Would you say that the organizational partnerships in the Jumpstart case reflect good fits between partners? Why, or why not?
Answers
In the Jumpstart case, the organizational partnerships in the Jumpstart case reflect good fits between partners because they depends on shared goals, skills, resources and mutual benefit
Do Organizational Partnerships in Jumpstart case show good fits?Often, ll good fits between partners are reflected when they align their objectives, expertise and resources towards a common goal, and when their collaboration results in value creation for all parties involved.
If we have mismatches in terms of objectives, values, or capabilities, the partnerships may not be considered good fits and could face challenges in achieving their intended outcomes.
Therefore, the evaluating the compatibility and alignment of partners' goals and capabilities is crucial in determining the suitability of organizational partnerships in the Jumpstart case or any other context.
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Select the correct answer how many justices must agree to an opinion for the Supreme Court to issue a decision
Answers
A majority of the justices, or five out of the nine on a full Court, must agree. The opinion has been written at this point. This is the court's judgment in writing.
What is the significance of the Supreme Court?In our system of government based on the Constitution, the Supreme Court is incredibly significant.
First and foremost, it acts as the final resort for anyone looking for justice because it is the nation's highest court. Second, it is crucial for ensuring that each arm of government understands the boundaries of its own authority because of its ability to conduct judicial reviews.
Third, it defends civil liberties and rights by overturning unconstitutional legislation. Finally, it establishes reasonable boundaries for democratic government by preventing popular majorities from passing legislation that discriminates against or unfairly benefits unpopular minorities.
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A service industry can provide the followings, except.
(a) Road construction (b.) Recreation (c.) laundry (d.) Hotel
Answers
A service industry can provide the followings, except road construction.The service industry plays a vital role in the economy and society by offering a wide range of services that meet the needs and wants of consumers(Option A).
A service industry is a type of business that provides services rather than tangible products to customers. Examples of service industries include healthcare, education, hospitality, transportation, and professional services such as accounting and consulting.
Among the options given, the service industry cannot provide road construction. Road construction is typically done by government agencies or private construction companies that specialize in infrastructure development.
On the other hand, recreation, laundry, and hotel services are all common offerings of the service industry. Recreation includes activities such as sports, entertainment, and tourism. Laundry services involve the cleaning and pressing of clothing and linens, and hotels provide accommodations for travelers. By providing quality services, service providers can build strong relationships with their customers and gain a competitive edge in the market.
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rdan Corporation expects to incur indirect overhead costs of $172,550 per month and direct manufacturing costs of $18 per unit. The expected production activity for the first four months of the year are as follows. January February March April Estimated production in units 5,300 7,300 4,800 6,400 Required Calculate a predetermined overhead rate based on the number of units of product expected to be made during the first four months of the year. Allocate overhead costs to each month using the overhead rate computed in Requirement a. Calculate the total cost per unit for each month using the overhead allocated in Requirement b.
Answers
Answer:
Results are below.
Explanation:
Giving the following information:
Total estimated overhead costs= (172,550*4)= $690,200
Total estimated units= 23,800
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 690,200 / 23,800
Predetermined manufacturing overhead rate= $29 per unit
Now, we can allocate overhead to each month:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
January= 29*5,300= $153,700
February= 7,300*29= $211,700
March= 29*4,800= $139,200
April= 29*6,400= $185,600
Finally, the unitary total cost:
Unitary cost= 18 + 29= $47
discuss the new product development concept
Answers
Answer:
New product development (NPD) is the process of bringing a new product to the marketplace
Explanation:
Explain two advantages to TGH of segmenting the market for sport shoes
Answers
1. Targeted Marketing: By segmenting the market, TGH can identify specific groups of consumers with distinct needs, preferences, and behaviors related to sport shoes. This allows them to tailor their marketing efforts and product offerings to meet the specific demands of each segment. For example, they can develop different marketing messages, designs, or features for segments such as professional athletes, casual runners, or fashion-conscious individuals. This targeted approach enhances the effectiveness of marketing campaigns, leading to increased customer engagement, brand loyalty, and ultimately, higher sales.
2. Competitive Advantage: Segmenting the market can help TGH gain a competitive edge over rivals. By focusing on specific segments, TGH can better understand their unique requirements and deliver superior products and services compared to competitors who adopt a more generic approach. This can lead to enhanced customer satisfaction and loyalty within those segments. Additionally, TGH can identify niche or underserved segments within the sport shoe market and develop specialized products to cater to their needs. By catering to these niche segments, TGH can differentiate itself from competitors and establish a strong position in the market.
Overall, market segmentation allows TGH to optimize their marketing efforts, cater to diverse consumer needs, and gain a competitive advantage by focusing on specific market segments.
Describe the marketing mix to reach the desired marketing objectives
Answers
The marketing mix is the collection of marketing tools that a company employs to achieve its marketing objectives in a specific market. There are various components of the marketing mix, but McCarthy's 'FOUR Ps' are universally accepted. These 4 Ps are ‘Product, Price, Place, Promotion’
Product- A product is defined as "anything of value" that is offered for sale in the market. The concept of product refers not only to the physical product but also to the benefits provided by the product from the consumer's perspective. The concept of product also includes what is offered to the customer in terms of after-sales services, handling complaints, availability of spare parts, and so on
Price- Price is the amount of money which the customers have to pay to obtain the product. It is a very crucial element of marketing mix as customers are highly price sensitive, and level of price affects the level of demand. Marketers have not only to decide about objectives of price setting but to analyze the factors determining the price and fix a price for the firm’s products.
Place- Place, also known as physical distribution, refers to activities that make a company's products available to its target customers. It also includes decisions about which intermediaries to use and how to support them through discounts, promotional campaigns, and so on.
Promotion- Promotion refers to all activities that communicate the availability, features, benefits, and so on of a product to potential customers and persuade them to purchase it. Organizations engage in a variety of promotional activities and spend significant money promoting their products through a variety of tools such as advertising, personal selling, sales promotion techniques, and public relations.
A company's success is determined by how well these elements are combined to provide superior value to customers while meeting sales and profit goals.
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ENG-114-02E-2022SP-Prof Research & Reporting
Answers
ENG-114-02E-2022SP-Prof Research & Reporting involves teaching professional communication skills.
What is Communication?This is the act of exchanging information through different types of medium such as writing etc.
The course above is taught with the use of articles reviewed by peers for as better understanding of how to communicate better in this type of scholarly environment.
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what is computer studies
Answers
Answer:
Explanation: Computer studies is about understanding how computers work, how to use them to solve problems, and how to develop and manage computer systems. It is a broad and diverse field that is essential in today's digital age, as computers are used in almost every aspect of modern life, from communication and entertainment to business and science.
What is the best source of information to use when purchasing a new car?
O Social media posts
O Car salesman on the lot
O Advertisement in a car magazine
O Unpaid reviews on reputable car sites
Answers
social media spreads lies, car salesman might lie about the car in order to make a sale, and an ad will do the same.
Option D. Unpaid reviews on reputable car sites
What sources of information do you have about cars?Awards and rankings. There are many awards and many websites publish rankings of vehicles in different categories.
NHTSA or IIHS. These two organizations evaluate the safety of new cars.
Government website.
Understanding how a car works can help you drive more safely, reduce the risk of accidents, and extend the life of your car. For example, if you know how brakes wear over time, you can identify signs of wear early and replace them before increasing the risk of brake failure.
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UESTION 1: COMPULSORY The following trial balance was extracted from the ledger acc Trader as at 30 June 2015 may, ION 1 IS REST es 66 Say ASTIN MAKOYE'S TRIAL BALANCE AS AT 30 JUNE 2015 DR K Capital Stock in trade. General expenses. Purchases and sales Car expenses. Motor car... 1 Repairs * Free hold land and Building Bank balance. *Furniture and Fittings. *Discounts 12 Bad debts *3 Rates and Insurance.. 7,300 2,586 56,500 418 10.050 548 11,000 640 2,460 2,061 459 Drawings S Provisions for bad debts- 1 July 2015 16 Trade debtors and Creditors..... Wages and Salaries K 30.500 70,900 348 3,400 914 6,213 9.606 113.589 240 11,035 113.589
Answers
Answer:
I don't understand your question
Explanation:
HELP ME ASAP!!
_______ is the design of buildings and creation of building plans, or
blueprints.
O Construction
O Marketing
O Architecture
O Drafting
Answers
Answer:
Architecture
:):)
Explanation:
hope I help!!:)
Im learning same thing and just completed that, I know its Architecture!!!!
Melanie’s partially completed schedule a, itemized deductions is shown below. Given the adjusted gross income limitation, what amount can she deduct for eligible medical and dental expenses
Answers
The Schedule A, Itemized Deductions, for Melanie is displayed below. Her deduction for allowable medical and dental costs is limited to $2,260 (Option C) due to the adjusted gross income cap.
How can I figure out my gross income?If you are paid annually, performing the computation is not too difficult. Just to be clear, gross income is the total of your earnings before any deductions for taxes or other expenses.
The presentation of annual compensation is typically done in this manner. Simply divide the total amount of money you receive (your pay) throughout the course of the year by the number of months.
In conclusion, the Schedule A, Itemized Deductions, section of the tax return that Melanie has already finished is displayed below. The highest amount she is allowed to deduct for her eligible medical and dental charges is $2,260 due to the limitation imposed by the adjusted gross income.
Hence, option (C) is accurate.
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Melanie's partially completed Schedule A, Itemized Deductions, is shown below. Given the adjusted gross income limitation, what amount can she deduct for eligible medical and dental expenses?
(A) $0
(B) $1,603
(C) $2,260
(D) $2,583
What is the importance of having a right organizational design in a company?
Answers
Answer:
Increased efficiency. Faster and more effective decision making. Improved quality of goods and services.
Think of as many problems, challenges or issues that affect you, your school, or your community. Create a list of as many of these issues that come to mind. At this phase, aim for quantity over quality and let your imagination run wild! List at least 5.
Answers
Eating healthy
Need for working out
Getting more sleep
Wanting to go different places and not stay in one place for ever.
Learning new stuff
oe has a full-time construction job and also does odd jobs for people on the weekends but does not report this income to the government. You have purchased the materials needed to construct a fence at your house and you pay Joe $500 to build the fence. Does the payment to Joe count toward the value of gross domestic product (GDP)
Answers
Answer:
hshfjzndiandbfbxns dbd x
Explanation:
bdbdnsnbcndksmsndncngkf
explain the accrual basis of accounting and reasons for adusting entries
Answers
Assume initially that the price of X (the quantity of which is measured on the horizontal axis) is $9 and the price of Y (the quantity of which is measured on the vertical axis) is $4. If the price of X now declines to $6, the budget line will Multiple Choice be unaffected. shift outward on the vertical axis. shift inward on the horizontal axis. shift outward on the horizontal axis.
Answers
Answer:
The budget line will shift outward on the horizontal axis.
Explanation:
One of the laws of the demand is that the lower the price of a good, the higher the quantity of that good that is purchased.
From the question, a decline in the price of X from $9 to $6, will lead to an increase in the quantity of X that is bought.
Since the price of Y still remains at $4, if the price of X now declines to $6, the budget line will shift outward on the horizontal axis.
A manager states that his process is really working well. Out of the 300,000 parts produced last week, inspections identified 15 defects. Each part has 5 Critical-To-Quality attributes (defect opportunities) that are tested for. How many Defects per million opportunities (DPMO) did this process have?
Answers
Answer:
the Defects per million opportunities (DPMO) is 5,000,000 defects per million opportunities
Explanation:
The computation of the Defects per million opportunities (DPMO) is shown below:
= Defects ÷ total parts × one million
= (5 × 300,000) ÷ (300,000) × 1,000,000
= 5,000,000 defects per million opportunities
Hence, the Defects per million opportunities (DPMO) is 5,000,000 defects per million opportunities
We simply applied the above formula so that the correct value could come
And, the same is to be considered
what are market failures
Answers
Market failures refer to situations in which the allocation of goods, services, or resources in a market economy does not result in an efficient outcome.
What is a market failure ?These failures stem from diverse factors that hinder the smooth functioning of the market mechanism. Externalities materialize when the actions of buyers or sellers unexpectedly impact third parties who are not directly involved in the transaction.
Public goods, which exhibit non-excludability and non-rivalrous consumption, pose challenges to private markets. Since individuals cannot be excluded from enjoying the benefits, and one person's consumption does not diminish availability to others, the private sector often fails to adequately provide public goods. Consequently, government intervention becomes necessary to ensure their provision.
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Large businesses depend on small businesses why?
Answers
Answer:
Small businesses can signal emerging trends and needs to large businesses
Can someone help me to solve this accounting problem please
Answers
The amount of cash stolen in the year ended 2005 is $4,640.
What is the amount of cash stolen in the year ended 31 December 2005?We will calculate the total sales:
= Balance b/d + Takings - Balance c/d
= $13,000 + $115,846 - $25,866
= $103,980
The cost of goods sold is:
= Total sales × (1 - Gross profit rate)
= $103,980 × (1 - 0.30)
= $72,786
The purchases is computed as:
= Cost of goods sold + Inventory at 31 December 2005 - Inventory at 1 January 2005
= $72,786 + $9,000 - $18,000
= $63,786
The cash stolen will equals to:
= Total sales - Purchases - Trade Receivables + Trade Payables + Expenses - Rent Prepaid + Rates Owing - Equipment (at valuation) - Drawings - Miscellaneous expenses
= $103,980 - $63,786 - $9,000 + $7,000 + $7,320 - $10,650 + $230 - $14,100 - $5,000 - $2,654
= $4,640.
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ÇIBIL sCore is not the only credit Score in India.
Answers
In India, there are actually multiple credit scoring systems that are used to evaluate an individual's creditworthiness.
While the CIBIL score is certainly one of the most well-known and widely used credit scores in India, it is not the only credit score that lenders and financial institutions rely on. Other credit bureaus such as Experian, Equifax, and CRIF High Mark also offer credit scores that are used by lenders to assess the creditworthiness of borrowers.
Each credit bureau may use a slightly different methodology to calculate credit scores, which is why it's important for individuals to check their credit scores from all relevant bureaus to get a complete picture of their creditworthiness. Additionally, lenders may have their own internal credit scoring systems that take into account other factors beyond just credit history, such as income and employment status.
Therefore, it's important for individuals to be aware of all the credit scoring systems that are used in India and to regularly monitor their credit scores from multiple sources to ensure they have a comprehensive understanding of their financial standing.
By maintaining a good credit score across multiple credit bureaus, individuals can increase their chances of being approved for loans, credit cards, and other financial products with favorable terms and interest rates.
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heres a freebe to get more points. whats ur fav disney movie and whos ur fav disney princess. why?
Answers
Answer:
fav Disney movie: coco fav Disney princess: Tiana
Explanation:
i dont know why I just like them and they dont have a lot of black princesses so yeah
Answer:
belle and beauty and the beast
Explanation:
because shes not judgmental and can be her own person
Norma Smith is the controller of Wildhorse Corporation and is responsible for the preparation of the year-end financial statements. For each of the following transactions that occurred during the year, indicate the dollar amount to be reported as a current liability as of December 31, 2020.
For each of the following transactions occurred during the year, indicate the dollar amount to be reported as a current liability as of December 31, 2014.
1. On December 20, 2014, a former employee filed a legal action against Baylor for $100,000 for wrongful dismissal. Management believes the action to be frivolous and without merit. The likelihood of payment to the employee is remote.
2. Bonuses to key employees based on net income for 2014 are estimated to be $150,000.
3. On December 1, 2014, the company borrowed $600,000 at 8% per year. Interest is paid quarterly.
4. Credit sales for the year amounted to $10,000,000. Baylorâs expense provision for doubtful accounts is estimated to be 3% of credit sales.
5. On December 15, 2014, the company declared a $2 per share dividend on the 40,000 shares of common stock outstanding, to be paid on January 5, 2015.
6. During the year, customer advances of $160,000 were received; $50,000 of this amount was earned by December 31, 2014.
Answers
Answer:
Wildhorse Corporation
Current Liabilities:
2. Bonuses Payable $150,000
3. Interest payable $4,000
5. Dividends payable $80,000
6. Unearned advances $50,000
Explanation:
a) Data and Analysis:
1. Not affected
2. Bonuses $150,000 Bonuses Payable $150,000
3. Interest expense $4,00 Interest payable $4,000 ($600,000*8% *1/12)
4. Not affected
5. Dividends $80,000 Dividends payable $80,000
6. Unearned advances $50,000
4. Choose the best answer.
Which statistic about each school is NOT provided by the Common Data Set?
O the average debt incurred through student loans
O housing and meal plan options
O the tuition rate and test scores
O the average starting salary
Answers
the average debt incurred through student loans statistic about each school is NOT provided by the Common Data Set.
What is common data set?it is a collaborative effort among data providers in the higher education community and publishers as represented by the College Board, Peterson's, and U.S. News & World Report. The combined goal of this collaboration is to improve the quality and accuracy of information provided to all involved in a student's transition into higher education, as well as to reduce the reporting burden on data providers.It is the development of clear, standard data items and definitions in order to determine a specific cohort relevant to each item.Data items and definitions used by the U.S. Department of Education in its higher education surveys often serve as a guide in the continued development of the CDS.Common Data Set items undergo broad review by the CDS Advisory Board as well as by data providers representing secondary schools and two- and four-year colleges. Feedback from users of CDS is also considered in the annual review process.thus, the average debt incurred through student loans statistic about each school is NOT provided by the Common Data Set.
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