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algol13
3 years ago
9

Product-Costing Accuracy, Consumption Ratios, Activity Rates, Activity Costing

Business
1 answer:
Whitepunk [10]3 years ago
3 0

Answer:

Tristar Manufacturing

1.                         Total                 Infantry              Special forces      

Machining,     80,000            46,315.79              33684.21

Setups,           24,000            13894.74               10,105.26

Receiving,       22,000           12736.84               9263.16

Packing          30,000             17368.42               12631.58

Working:

(27,500/47,500)* 80,000=46,315.79

(20,000/47,500)* 80,000=33684.21

The same rates are used for all costs 27,500/47,500= 0.5789 for Infantry

and 20,000/47,500= 0.4210 for  Special forces

2. Consumption Ratios

                               Infantry         Special forces       Total

Machine Hours,        0.5789          0.4210               47,500

Setups,                      0.75                   0.25                   400

Receiving Orders,     0.9               0.1                           1000

Packing Orders        0.47              0.53                  3400

3. Rate for Each activity

Machining $80,000/ 47,500= $1.68per machine hour

Setups $24000/ 400 setup =   $  60 per setup

Receiving $22,000/ 1000 receiving order =  Receiving $ 22 per receiving order

Packing $30,000/3400 packing order= Packing $8.82  per packing order

4.                      Total                 Infantry              Special forces      

Machining,     80,000               46200                 33800

Setups,           24,000             18000                    6000

Receiving,       22,000             19800                    2200

Packing          30,000              14112                       15888

Working

                                  Infantry         Special forces      

Machine Hours,        27,500 * 1.68         20,000*1.68                

Setups,                      300*60                    100*60                  

Receiving Orders,     900* 22                  100*22                  

Packing Orders        1600 *8.82              1,800* 8.82          

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During the past year, a company had cash flow to creditors, an operating cash flow, and net capital spending of $30,026, $67,603
larisa86 [58]

Answer: $6,834

Explanation:

Given the following ;

Cash flow to creditors = $30,026

Operating Cashflow = $67,603

Net capital spending = $28,760

Beginning net working capital = $11,917

Ending working capital = $13,900

Therefore,

Net working capital = Ending working capital - beginning working capital

Net working capital = $(13,900 - 11,917) = $1,983

Cashflow from asset = (operating Cashflow - Net capital spending - net working capital)

Cashflow from asset = $67,603 - $28,760 - $1,983 = $36,860

Therefore,

Company's Cashflow to stockholders during the year = (Cashflow from asset - Cashflow to creditors)

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2 years ago
Mobray Corp. is experiencing rapid growth. Dividends are expected to grow at 32 percent per year during the next three years, 22
KatRina [158]

Answer:

$1.3794

Explanation:

The computation of the projected dividend for the coming year is shown below:

Last year dividend paid = Do

Expected Dividend in Year 1 (D1) = Do ( 1+g) = Do × 1.32

Dividend in Year 2 (D2) = Do ( 1+g)^2  = Do × 1.32^2

Dividend in Year 3 (D3) =  Do ( 1+g)^3 = Do × 1.32^3

Dividend in year 4 , (D4) = D3 ×  (1+g) = Do × 1.32^3 × 1.22

Now the price at year 4 is

P4 = D4 × (1+g) ÷ ( R-g )

= Do × 1.32^3 × 1.22 × (1 + 0.07 ) ÷ ( 0.10 - 0.07 )

= Do × 100.08

Use Gordon Growth Model

The Current Price of Stock is

= D1 ÷ ( 1+ R)^1 +D2 ÷ ( 1+ R)^2 + D3 ÷ ( 1+ R)^3 + D4 ÷ ( 1+ R)^4 + P4 ÷ ( 1+ R)^4

$78  = Do ( 1.32 ÷ 1.1 + 1.32^2 ÷ 1.1 ^2 + 1.32^3 ÷ 1.1^3 +1.32^3 × 1.22 ÷ 1.1^4 + 100 .08 ÷ 1.1^4)  

$78 = Do ( 1.2 +1.44 + 1.728 + 1.9165 + 68.36 )

Do = $1.045

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Projected Dividend for Year 1 is

= Do × 1.32

= $1.045 × 1.32

= $1.3794

8 0
3 years ago
It is estimated that 100,000 fans will attend a football game. Forty-two percent of them will not be able to park at the stadium
egoroff_w [7]

The answer is: 30 Trips


Total fans = 100,000

<u>The amount of fans that need satelite parking </u>

= 100,000 x 42%

= 42,000 fans


<u>There are 20 buses and each of them can carry 70 fans in one trip. So the maximum number of fans that all of them can carry in one trip:</u>

= 70 x 20

= 1400 fans


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4 0
3 years ago
Destin Company recently acquired several businesses and recognized goodwill in each acquisition. Destin has allocated the result
svetlana [45]

Answer:

Sandollar - Yes

Salty Dog - Yes

Baytowne - No

Explanation:

(See attachment)

Given

Total Fair Value = $510,000 --------- Sandollar

Total Fair Value = $580,000 --------- Salty Dog

Total Fair Value = $560,000 -------- Baytowne

Calculating Carrying Value of Sandollar

Carrying Value = $181,000 + $197,000 + $138,000 + $186,600 - $44,500

Carrying Value = $658,100

Calculating Carrying Value of Salty Dog

Carrying Value = $246,00 + $234,000 + $91,500 + $206,950

Carrying Value = $778,450

Calculating Carrying Value of Baytowne

Carrying Value = $186,000 + $0 + $73,500 + $134,500

Carrying Value = $394,000

We then compare the total Fair Value with total carrying Value of each unit.

If the total Fair Value is lesser than the total carrying Value then there is potential Goodwill impairment

Else, there's no potential Goodwill impairment.

Sandollar

Is $510,000 > $658,100 No

Then Yes, there's potential goodwill impairment

Salty Dog

Is $580,000 > $778,450 No

Then Yes, there's potential goodwill impairment

Baytowne

Is $560,000 > $394,000 Yes

Then, No there's no potential goodwill impairment.

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