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3 years ago

8

Last year, Product H50E involved 9 customer orders, 666 assembly hours, and 77 batches. How much overhead cost would be assigned

to Product H50E using the activity-based costing system

1 answer:

Over [174]3 years ago

5 0

Answer:

$5778.31

Explanation:

The correct answer is as follows:

Overhead cost = 9*31.62+666*2.86+77*46.61

= 5778.31

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The government has set a price floor on bread. Manufacturers cannot sell loaves for less than $5.00, which is a dollar above the

Ber [7]

Draw the supply/demand curve. The line is above market equilibrium....the question literally states that the price rises, and since the supply curve has a positive slope (assuming unit elasticity), the supply will increase. Meanwhile, the demand curve has a negative slope (still assuming unit elasticity), so the demand for it will decrease. This will result in a surplus, aka, an excess supply.

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4 years ago

What is a tangible symbol that communicates the features, benefits, and advantages of a particular product to consumers?

Zarrin [17]

Answer:

A brand logo is a tangible symbol that communicates the features, benefits, and the advantages of a particular product to consumers.

Explanation:

Logo can be defined as any symbol that is said to represent any particular brand and also depicts the features of that given brand. Many companies often succeed in showing the advantages and benefits of the products in the logo. It is tangible because we can see the image and design and sometimes can touch the image as well. A well-known example of a brand logo is that of e-commerce company Amazon, which in its logo depicts that the company sells everything from A to Z with the help of an arrow below the alphabets A and Z of the word AMAZON. Therefore, the correct answer to the question is the brand logo.

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3 years ago

A bank has the following balance sheet: SETS RETURN % MILLION $ LIABILITIES COST % MILLION $ Cash 0.00 35 Fixed-rate Deposits 3.

snow_tiger [21]

Answer:

$1,140,000

Explanation:

Calculation to determine what the bank's NII will change by

First step is to calculate the bank's one-year repricing gap

Using this formula

Repricing gap=RSAs - RSLs

Where,

RSAs =Securities+Short-term loans

RSLs =Variable-rate Deposits+Fed funds

Let plug in the formula

($ Million)

Repricing gap=[$300 + $225] - [$260 + $75]

Repricing gap=$190

Now let calculate what the bank's NII will change by

Using this formula

Change in bank's NII=Repricing gap*Interest rates

Let plug in the formula

Change in bank's NII=$190,000,000*0.0060

Change in bank's NII =$1,140,000

Therefore If the spread effect is zero and all interest rates increase 60 basis points, the bank's NII will change by $1,140,000

7 0

3 years ago

Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or

neonofarm [45]

Answer:

$3.7625

Explanation:

Simple interest is calculated as

Interest = P x r x t

Where

p = principal amount.. $350

r= interest rate: 4.3% or 0.043

t= time in years: 3 months or 3/12 =0.25 years

Interest = $350 x 0.043 x 0.25

=$3.7625

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3 years ago

Research and development costs should be: A. Expensed in the period incurred. B. Expensed in the period they are determined to b

Vladimir79 [104]

Answer:

The correct answer is letter "A": Expensed in the period incurred.

Explanation:

Research and Development (R&D) costs are spent on the development of new products that could or could not end up being commercially offered. These kinds of costs are usually expensed at the same time they are incurred. According to the U.S. Statement of Financial Accounting Standards, the R&D costs cannot be capitalized.

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3 years ago