1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
salantis [7]
3 years ago
7

Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provid

ed the following data concerning its activity-based costing system:
Activities (and Activity Measures) Estimated Overhead Cost
Machine related (machine-hours) $362,600
Batch setup (setups) $421,500
General factory (direct labour-hours) $308,100


Expected Activity
Activities Product X Product Y Total
Machine related 6,000 8,000 14,000
Batch setup 12,000 3,000 15,000
General factory 5,000 8,000 13,000

Assuming that actual activity turns out to be the same as expected activity, the total amount of overhead cost allocated to Product X would be closest to:

a. $421,500
b. $897,500
c. $476,000
d. $611,100
Business
1 answer:
GREYUIT [131]3 years ago
6 0

Answer:

d. $611,100

Explanation:

The computation of the total amount of overhead cost is shown below:

= (Machine related cost ÷ Total machine related cost of product X × Machine related of product X) + (Batch setup cost ÷ Total machine related cost of product X × Machine related of product X) + (General factory cost ÷ total general factory cost of product X × general factory of product X)

= ($362,600 ÷ 14,000 × 6,000) + ($421,500 ÷ 15,000 × 12,000) + ($308,100 ÷ 13,000 × 5,000)

= $155,400 + $337,200 + $118,500

= $611,100

You might be interested in
Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding shar
CaHeK987 [17]

Answer:

$504,000

Explanation:

Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding shares of Vicker.

The consolidated Additional Paid-In Capital and Retained Earnings (January 1, 2018 balances) as a result of this acquisition transaction will be:

Journal entries

Dr. Cash (12000 shares x $47)..................................$564,000

Cr. Common Stock (12,000 shares x $5).................................$60,000

Cr. Additional Paid-In Capital [(12,000 shares x ($47-$5)].$504,000

Being issue of common of $5 per share at the price of $47 per share

8 0
3 years ago
"Mr. Tudor," said Judy, "Tom Pritchett suggested I contact you about our new computerized Civil War reenactment game." In this e
Grace [21]

Answer:

Referral

Explanation:

Referral is the term which is described as the act or way of telling someone  or a person regarding the positive features or attribute of the business or the person, who is being referred by the person.

For example, referral is telling someone or person that the certain business or the person having a good product or the service, and then that person visit the place.

Under this scenario, Tom referred Tudor to contact them regarding the new game. So, it is an example which the Judy uses referral method or way with Tudor.

6 0
3 years ago
The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses: East West Sales $
VLD [36.1K]

Answer:

$76,100 net operating loss

Explanation:

The computation of the overall company net operating income (loss) is shown below:

= East sales - east Variable costs - east Traceable fixed costs  - east Allocated common corporate costs - west Allocated common corporate costs

= $550,000 - $198,000 - $169,500 - $117,500 - $141,100

= -$76,100 loss

Since the west division is eliminated so all the items would be ignored except Allocated common corporate costs

4 0
3 years ago
Fashion Mart Corp., a clothing company, offers the best quality material made using the finest threads and advanced textile mach
const2013 [10]

Answer:

a differentiation advantage

Explanation:

This scenario best illustrates a differentiation advantage. This is basically when a company is able to offer a product that, despite being the same as the competitor's product, is slightly different or offers something that the competitors do not. This small difference is what attracts the customers and increases profits. In this case, Fashion Mart Corp is differentiating their product by providing a guarantee of quality, which the competitors offering similar products cannot offer.

7 0
3 years ago
If labor in mexico is less productive than labor in the united states in all areas of production:____.
Fudgin [204]

If labor in Mexico is less productive than labor in the united states in all areas of production then both Mexico and us still can benefit from trade.

Labor is the amount of physical, mental and social effort spent to produce goods and services in the economy. We provide the know-how, human resources, and services necessary to turn raw materials into finished products and services.

A business that requires more people and fewer machines is known as a labor-intensive business. The beauty, home construction, education and fashion industries are examples of labor-intensive industries.

Learn more about labor here:brainly.com/question/453055

#SPJ4

6 0
1 year ago
Other questions:
  • A.C. Tech Manufacturing Appliances manufactures three sizes of kitchen​ appliances: small,​ medium, and large. Product informati
    11·1 answer
  • A stock is expected to pay a dividend of $0.5 at the end of the year (D1=0.5), and it should continue to grow at a constant rate
    9·2 answers
  • Mary is 40 years old, plans to retire at 65 and the actuarial tables tell her she can expect to live until 80. The market value
    10·1 answer
  • In a _____ organizational structure, personnel often report to both a functional manager and one or more project managers. matri
    8·1 answer
  • Which statement best summarizes the role of businesses in the flow of
    12·2 answers
  • New lithographic equipment, acquired at a cost of $800,000 at the beginning of a fiscal year, has an estimated useful life of fi
    7·1 answer
  • Identify one way in which setting a goal can help a person budget<br> more effectively.
    7·1 answer
  • At February 1, 2022, the balance in Wildhorse Co. supplies account was $3780. During February Wildhorse purchased supplies of $3
    5·1 answer
  • Pittman Framing's cost formula for its supplies cost is $1,110 per month plus $11 per frame. For the month of November, the comp
    12·1 answer
  • As a part of the federal budgeting process, an executive agency called the ______ reviews all agency budgets and ensures that th
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!