Answer:
$11.57 per machine hour
Explanation:
Predetermined overhead rate is used to allocate overheads (indirect) to products / jobs or departments.
Predetermined overhead rate = Budgeted Fixed Costs / Budgeted Activity
Note : Buker Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year.
Predetermined overhead rate = $838,790/ 72,500
= $11.57 per machine hour
In the 2,500-year-old text the art of war, chinese general sun tzu argues that "stratergy" and "planning" are key components of strategic planning.
<h3>What is strategic planning?</h3>
Strategic planning is the art of developing specific business strategies, putting them into action, and analyzing the results in relation to a company's overall long-term objectives or desires.
Some key features of strategic planning are-
- It is an idea that concentrates on incorporating different departments within a company (such as finance and accounting, marketing, & human resources) to achieve strategic goals.
- Strategic planning and strategic management are essentially interchangeable terms.
- The idea of strategic planning first gained popularity in the 1950s & 1960s, and it remained popular in the corporate world until the 1980s, when it began to fade.
- However, interest in business strategy was reignited in the 1990s, and strategic planning is still important in today's business.
To know more about strategic planning, here
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Answer:
It is said that when Okomfo Anokye was born in Awukugua he was already holding in his right hand a short white tail of a cow (Podua); and he had so firmly clenched the fist of the other hand that no one could open it. The woman who went to deliver the labouring mother tried to open it because she suspected there was something in it. The father was called in to assist... Okomfo Anokye opened his eyes and, staring at the father, quickly opened the mysterious hand, showing it to the father and saying "Ano....Kye" (Guan language) meaning "Ano...see" and gave to the father what was in it. It is alleged that it was a talisman. From this incident Kwame Agyei got his name "Anokye".
Explanation:
Answer:
$26.42
Explanation:
According to the given situation, the computation of the estimated current stock price is shown below:-
Estimated current stock price = Earning per share × PE ratio
= $2.08 × 12.7
= $26.42
Therefore for computing the estimated current stock price we simply applied the above formula and ignore all other value as they are not relevant.
Answer:
32,500 units must be sold to realize an operating income of $250,000.
Explanation:
a) Calculations:
Using the break-even plus target profit analysis, we can calculate the target quantity of sales that will generate a target profit.
To break-even, the company needs to sell the following quantity,
Break-even point = fixed costs/contribution margin per unit = $400,000/$20 = 20,000 units.
To achieve a target profit, the company needs to sell the following quantity,
Break-even with target profit = (Fixed cost + target profit)/contribution margin per unit = ($400,000 + 250,000) / $20 = $650,000/$20 = 32,500 units.
b) Break-even analysis is a managerial accounting technique for determining the units should a company can sell or produce in order to even revenue and costs. From the analysis, a company can also determine the units to sell in order to realize a target profit. This helps a lot in decision making.
