Answer:
Unitary cost= $49.72
Explanation:
Giving the following information:
Each chair takes $14 of direct materials and uses 1.9 direct labor hours at $16 per direct labor hour. The variable overhead rate is $1.20 per direct labor hour, and the fixed overhead rate is $1.60 per direct labor hour.
The unitary cost under absorption costing is the sum of direct material, direct labor, and total overhead.
Unitary cost= 14 + (1.9*16) + (1.2*1.9) + (1.6*1.9)= $49.72
Answer:
For ACME Corporation = 1.12 times
For Wayne Enterprises = 1.29 times
Explanation:
The computation of current ratio is shown below:-
For ACME Corporation
Current Ratio = Total Current Assets ÷ Current Liabilities
= $12,767 ÷ $11,299
= 1.12 times
For Wayne Enterprises
Current Ratio = Total Current Assets ÷ Current Liabilities
= $9,538 ÷ $7,410
= 1.29 times
Here, we assume first figure for ACME Corporation and second figure for Wayne Enterprises
Answer:
the correct answer is Limited-service wholesalers
Explanation:
limited service whole salers only provides only a limited range of additional value added services. However, the limited service wholesalers are relatively cheaper comparatively to other types of wholesalers, which makes them ideal for micro, small and medium enterprises.
Answer:
B. Controllable costs
Explanation:
There are some costs that are expended by a company during the cost of carrying out their business operations. These costs such as labor costs and marketing budgets are incurred because the company has full authority over them. They are costs that can be altered in short term based on a business decision.
In other words, controllable costs are those costs or expenses that can be influenced by those who are saddled with the responsibilities of incurring them.
Answer:
True
Explanation:
This act is also known as the<em> Financial Services Modernization Act of 1999</em>, redefined the financial product industry in terms of making the limits between the financial institutions' area of work. Above all, it defined the customer as an individual who obtains financial products from financial institutions, primarily for personal and household needs.
