Answer:
The advertising department expense allocated to each department are as follows:
Books Dept = $11,748
Magazines Dept = $8,010
Newspapers Dept = $6,942
Totals advertising department expenses allocated = $26,700
The purchasing department expenses allocated to each department are as follows:
Books Dept = $20,081
Magazines Dept = $10,741
Newspapers Dept = $15,878
Total purchasing department expenses allocated = $46,700
Explanation:
Note: See the attached excel for the completed table used in allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments.
From the attached excel, the advertising department expense allocated to each department are as follows:
Books Dept = $11,748
Magazines Dept = $8,010
Newspapers Dept = $6,942
Totals advertising department expenses allocated = $26,700
From the attached excel, the purchasing department expenses allocated to each department are as follows:
Books Dept = $20,081
Magazines Dept = $10,741
Newspapers Dept = $15,878
Total purchasing department expenses allocated = $46,700
Answer:
Cost of Goods Sold is = $697213.44
Explanation:
given data
depreciation expenses = $28,900
sales = $755,000
retained earnings = $10,200
paid interest = $6,200
dividends = $5,000
tax rate = 33 percent
solution
first we get here EBIT that is express as here
EBIT = Earnings for equity holders + Tax + Interest ...............1
Earnings for equity holders = Dividend Paid + retained earnings
Earnings for equity holders = $5,000 + $10,200 = $15200
here Tax is =
× 33 = 7486.56
so here EBIT = $15200 + $7486.56 + $6,200
EBIT = $28886.56
so Cost of Goods Sold is = sales - depreciation - EBIT ..................2
Cost of Goods Sold is = $755,000 - $28,900 - $28886.56
Cost of Goods Sold is = $697213.44
Answer:
(a) 3.2
(b) 10 minutes
(c) 0.8
Explanation:
Mean number of customer in service:
= Arrival rate ÷ service rate
= 24 in 60 min ÷ 30 in 60 min
= 24 ÷ 30
= 0.8
a) Average number of people in line:
= (Mean number of customer in service × arrival rate) ÷ (Service rate - arrival rate)
= 0.8 × (24 ÷ 6
)
= 3.2
b) Average time spend at the ticket office is = 10 minutes
c) Proportion of time server is busy:
= Arrival rate ÷ service rate
= (24 in 60 min ÷ 30 in 60 min)
= 24 ÷ 30
= 0.8
A type of insurance that protects workers from loss wages after an industrial accident that happened on the job is called worker compensation.
- Workers' compensation insurance offers financial aid and/or medical attention to employees who are hurt on the job or fall ill as a direct result of their work. This insurance is paid for by the employer; the employee is not expected to contribute to the cost of compensation.
- Workers' compensation, sometimes known as workers' comp, is a type of insurance that offers pay replacement and medical benefits to employees hurt while doing their jobs in return for a requirement that they waive their right to sue their employer for carelessness. The compensation bargain is the trade-off between restricted, guaranteed coverage and no other options outside of the worker compensation system.
Thus this is the answer.
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Answer:
B
Explanation:
Opportunity cost is the valje of the next best alternative forgone when a choice is made.