Answer:
$659,277
Explanation:
The computation of the manufacturing labor dollars per year over the three year period of performance is shown below:
For 3 year it is
= 3 × 1,800 hours × $31
= $167,400
For 4.5 years, it is
= 4.5 × 1,800 hours × $31 × 1.025
= $257,377.50
Foe 4 years, it is
= 4 × 1,800 hours × $31 × 1.025 × 1.025
= $254,499.50
So, the manufacturing labor dollars per year is
= $167,400 + $257,377.50 + $254,499.50
= $659,277
Answer: have control over
Explanation:
Responsibility accounting is a system of accounting whereby responsibility centers are identified and the performance reports of such responsibility centers are prepared and analysed.
Responsibility accounting has to.do with the internal accounting for the responsibility center that the company has and their budgeting.
In responsibility accounting, unit managers are evaluated only on things that they can control or have control over.
Answer:
True
Explanation:
Outsourcing is when a company gives some of its internal activities to an external party that takes the responsibility to get things done and one of the reasons for a company to do this is to get rid of activities that have to get done but that are not part of their core operations to be able to concentrate on their main activity and get those things done by experts which can help increase productivity. According to that, the answer is that the statement is true.
Answer:
Variable cost per hour= $4.825
Explanation:
Giving the following information:
Wallace determines that the high and low costs are $25,830 and $18,414, respectively, and the values for the cost driver are 3,495 and 1,958 hours, respectively.
<u>To calculate the unitary variable cost under the high-low method, we need to use the following formula:</u>
<u />
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (25,830 - 18,414) / (3,495 - 1,958)
Variable cost per unit= $4.825
Answer:
Results are below.
Explanation:
Giving the following information:
Purchase price= $45,000
Useful life= 5 years
Salvage value= $10,000
<u>To calculate the annual depreciation under the double-declining balance method, we need to use the following formula:</u>
Annual depreciation= 2*[(book value)/estimated life (years)]
<u>2018:</u>
Annual depreciation= 2[(45,000 - 10,000) / 5]
Annual depreciation= 14,000
<u>2019:</u>
Annual depreciation= 2*[(35,000 - 14,000)/5]
Annual depreciation= $8,400
