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sveta [45]
1 year ago
8

Kenneth Company uses activity-based costing. It budgets $1,650,000 of overhead cost to sustainably dispose of 6,600 tons of haza

rdous waste. The company disposed of 10 tons of hazardous waste in completing Job 125. Allocate overhead cost to the hazardous waste disposal as part of Job 125 using activity-based costing. Multiple Choice $2,500 $2,750 $3,000 $3,250 $3,500
Business
1 answer:
Shkiper50 [21]1 year ago
5 0

The cost of hazardous waste disposal as part of Job 125 using activity-based costs is $2,500.

<em>$1,650,000 / 6,600 tons = $250/tonHazardous waste disposal = 10 tons × $250 per ton = $2,500</em>

<em />

<em />

A company is a prison entity shaped by means of a group of individuals to engage in and function as a commercial enterprise—business or business—organization.

A company may be organized in various ways for tax and monetary legal responsibility functions depending on the company law of its jurisdiction.

There are 3 not unusual varieties of companies—sole proprietorship, partnership, and business enterprise—and each comes with its very own set of blessings and downsides.

Learn more about the company here:-brainly.com/question/24448358

#SPJ4

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If Quail Company invests $50,000 today, it can expect to receive $10,000 at the end of each year for the next seven years, plus
nikitadnepr [17]

Answer:

Net Present Value = $1,762.95

Explanation:

Equal payments made at the end of each year implies that the cash inflows from year 1 to 7 form an annuity where:

PVof An Ordinary Annuity= \frac{PMT[1-(1+i)^{-n} ] }{i}

where PMT is the the equal payment cash inflow received at the end of each period  and

\frac{[1-(1+i)^{-n} ] }{i} = The present value of an annuity factor for n years at i%

The present value of an annuity factor for 7 years at 10% equals

\frac{[1-(1+0.1)^{-7} ] }{0.1}=4.8684

therefore: Net Present value of this investment given a 10% return o investments equals

-50,000+10,000*4.8684+\frac{6,000}{1.1^7}=1,762.95

3 0
3 years ago
On October 1, 2022, Sheridan Company places a new asset into service. The cost of the asset is $81000 with an estimated 5-year l
Ahat [919]

Answer:

the depreciation expense for 2022 is $3,000

Explanation:

Straight line method of depreciation charges a fixed amount of depreciation over the period of use of an asset.

Depreciation Expense = (Cost - Residual Value) / Number of useful life

                                      =  ($81000 - $21000) / 5

                                      =  $12,000

The Annual depreciation charge for this machine will be $12,000 for each of the years that it is used in the business.

However since it was paced in use during the year that is 1 October, we have to apportion the Annual charge withe number of months that its has been in use during 2022.

It has been used for 3 months thus depreciation charge is :

Depreciation = 3/ 12 × $12,000

                      = $3,000

8 0
3 years ago
In macroland potential gdp equals $20 billion and real gdp equals $19.2 billion. macroland has a(n) ______ gap equal to ______ p
Jet001 [13]
Potential GDP = $20 
Real GDP =$19.2  
so an output gap is measured relative to potential output and it is calculated according to the formula [( X - Y ) Ă· Y] Ă—100. In this case, the output gap is [($10 billion - $8 billion) Ă· $8 billion] Ă—100 = 25%.
6 0
3 years ago
Suppose a company spends $200,000 in the current year to research and develop a navigation device for hikers. By the end of the
klemol [59]

Answer: $200,000

Explanation:

The company spent $200,000 on the research that led to the development of the navigation device and according to Accounting guidelines, Research and Development costs are to be expensed in the period that they occurred.

The entire $200,000 that was spent should therefore be expensed as Research and Development.

7 0
3 years ago
Diehl Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following d
photoshop1234 [79]

Answer:

 $84,000

Explanation:

The computation is shown below:

Particulars                      Order Size Customer support  Other Total

Manufacturing overhead   $24,000   $408,000                $48,000               480000

Selling and administrative

expenses                      $60,000 $20,000                        $20,000        $100,000

Total                              $84,000 $428,000                $68,000 $580,000

The allocation of manufacturing overhead is done in 5% 85% 10% 100%

The allocation of selling and administrative expense is done is 60% 20% 20% 100%

4 0
3 years ago
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