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maks197457 [2]
3 years ago
6

Sanborn Architectural Designs Inc. has three partners that each earn $80,000 per year, and three associates that earn $58,000 pe

r year. Each partner and associate has 2,000 billable hours per year. Using an activity-based costing approach, if a partner worked 10 hours on a project, the amount of labor cost that should be billed to the project is:
Business
1 answer:
Rudiy273 years ago
8 0

Answer:

Overall rate will be 345

Explanation:

We have given that in Architectural Designs Inc there are three partners who earn $80000 each

So total earn of three partners = 3×$80000 = $240000

Amount earn by associates = $58000

So total amount ear by associates = 3×$58000 = $174000

So the total amount earn = $240000+$174000 = $414000

Total bailable hours = 2000×6 = 12000

So overall rate per hour

=\frac{254000}{12000}=34.5

Number of hours works on project = 10 hour

So the overall rate = 34.5×10 = 345

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In 2017, Eraser Corp had Revenue of $200 million, Cost of Goods Sold of $100 million (this includes Depreciation of $50 million)
trapecia [35]

Answer:

The after-tax cash flow generated by Eraser Corp in 2017 should be $89.5 million

Explanation:

Net income before tax = Revenue - Cost of Goods Sold - Sales General and Admin Expenses = $200 million - $100 million - $50 million  = $50 million

Eraser Corp faced a tax rate of 21%,

Tax paid  = 21% x $50 million = $10.5 million

No money was spent on Capital Expenditures or on additional Net Working Capital.

The after-tax cash flow generated by Eraser Corp in 2017 = Net income before tax + Depreciation expense - Tax = $50 million + $50 million - $10.5 million = $89.5 million

Note: Depreciation expense is Non-Cash Expenses, so it does not include in Cash Flow.

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4 years ago
Mays and McCovey are beer-brewing companies that operate in a duopoly (two-firm oligopoly). The daily marginal cost (MC) of prod
FrozenT [24]

The profit-maximizing price and combined quantity of output is indicated in the demand curve by using a black point (plus symbol).

<h3>What is a cartel?</h3>

A cartel can be defined as a formal agreement between two or more business firms (producers) of a particular product or service, that's formed to control production, sales and pricing in an oligopolistic industry.

At equilibrium in a cartel, marginal revenue is equal to marginal cost (MR = MC). Thus, the profit-maximizing price and combined quantity of output should be calculated from the demand curve as illustrated in the image attached below.

Read more on cartel here: brainly.com/question/15294015

#SPJ1

<u>Complete Question:</u>

Mays and McCovey are beer-brewing companies that operate in a duopoly (two-firm oligopoly). The daily marginal cost (MC) of producing a can of beer is constant and equals $0.40 per can. Assume that neither firm had any startup costs, so marginal cost equals average total cost (ATC) for each firm.

Suppose that Mays and McCovey form a cartel, and the firms divide the output evenly. (Note: This is only for convenience; nothing in this model requires that the two companies must equally share the output.)

Place the black point (plus symbol) on the following graph to indicate the profit-maximizing price and combined quantity of output if Mays and McCovey choose to work together.

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2 years ago
Which of the following is not given as a reason for the high level of merger activity in the u.s.? synergistic benefits arising
zavuch27 [327]
Yes I agree. Its just wrong and right. You're definitely passing business.
4 0
3 years ago
a manufacturing company has a beginning finished goods inventory of 15,100, raw material purchases of 18,500, cost of goods manu
galben [10]

Answer:

$30,300

Explanation:

cost of goods sold = opening inventory + cost of goods manufactured - closing inventory

                               = $15,100 + $33,500 - $18,300

                               = $30,300

The cost of goods sold for this company is $30,300

8 0
3 years ago
If a country's money supply is $10 million, and there is only one bank where all of the people deposit their money. If the bank
Luden [163]

Answer:

The money multiplier of the economy is 20

Explanation:

Money multiplier is the term of economics which is defined as the maximum amount, the money supply could rise grounded on the increase in the reserve in the system of banking.

The formula used for computing the money multiplier is as:

Money Multiplier = 1 / r

where

r is the reserve ratio that is 5%

So, putting the same value above:

Money Multiplier = 1 / 5%

Money Multiplier = 20

7 0
3 years ago
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