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Sunny_sXe [5.5K]
3 years ago
12

Skyline Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets

to its commercial customers. Company personnel who earn $260,000 typically perform both tasks; other firm-wide overhead is expected to total $60,000. These costs are allocated as follows:
Bouquet Production Delivery Other
Wages and salaries 60 % 30 % 10 %
Other overhead 50 % 40 % 10 %
Skyline anticipates making 20,500 bouquets and 4,000 deliveries in the upcoming year.
1. The cost of wages and salaries and other overhead that would be charged to each delivery is closest to __________?
2.The cost of wages and salaries and other overhead that would be charged to each delivery is closest to __________?
Business
1 answer:
Jet001 [13]3 years ago
6 0

Answer:

1. $9.07

2. $25.5

Explanation:

(a) Total Cost:

= 260,000 × 60% (Wages and Salaries) + 60,000 × 50% (Other Overhead)

= $186,000

Cost of Wages and Salaries and Other Overheads Charged to Each Bouquet:

= Total Cost ÷ Total Bouquets

= $186,000 ÷ 20,500

= $9.07

(b) Total Cost:

= 260,000 × 30% (Wages and Salaries) + 60,000 × 40% (Other Overhead)

= $102,000

Cost of Wages and Salaries and Other Overheads Charged to Each Delivery:

= Total Cost ÷ Total Delivery

= $102,000 ÷ 4,000

= $25.5

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Money that has been or will be paid regardless of the decision whether to proceed with the project is:
bezimeni [28]

Answer:

Sunk costs.

Explanation:

Sunk costs refers to historical funds spent or incurred that cannot be recovered. Such costs are considered irrelevant during decision making which impacts on the business's future as they present no influence on present or future prospects.

Example

ABC investors decide to acquire land and develop residential houses at a location X. This decision is informed on the fact that the government had recently enacted a policy that led to an increase in demand for residential properties in that location. 6 months into construction of the residential houses, the government reviews and rescinds the policy. This leads to a sharp decline in property values in location X. ABC investors had already incurred 10 million dollars in the project. The 10 million dollars is considered sunk cost.

Sunk costs are the opposite of relevant costs because they can't be changed or recovered, as they've been spent or contracted in the past already. Hence, relevant cost are relevant for decision-making purposes but not sunk costs.

Hence, money that has been or will be paid regardless of the decision whether to proceed with the project is sunk costs.

4 0
2 years ago
Below are the account balances for a company at the end of December. Accounts Balances Cash $ 4,900 Salaries expense 1,950 Accou
Alexus [3.1K]

Answer:

See below

Explanation:

The preparation of the end December income statement for the company is seen below;

Service revenue

$8,800

Less:

Salaries expenses

($1,950)

Utilities expenses

($1,000)

Net income

$5,850

5 0
2 years ago
The purposeful use of symbols to allow multiple interpretations of messages is called:____.
elena55 [62]

Answer:

a. strategic ambiguity.

Explanation:

The use of strategic ambiguity permits the views for diversify or interpretations also at the same time it promotes inclusiveness and unity

The mission and vision sttaement should be confused and normal in nature in order to provide the accomodation

So the use of symbols for permitting out the multiple interpretations of messages is known as the strategic ambiguity

Therefore the option a is correct

6 0
3 years ago
Can someone PLEASE help me with this. It says every answer I put in is wrong
SIZIF [17.4K]
I can't see the question
4 0
3 years ago
More than half of the ads for Wheel of Fortune, a game show, are pre-sold to national advertisers. The rest of the advertisement
Andreas93 [3]

Answer:

Barter syndication

Explanation:

Barter syndication is defined as a contract that exists between broadcasters like television networks, independent networks, and television syndicators. The item that is being battered is advertisement time within programs being aired.

It determines how much advertising time will be available and who will sell that time.

In this scenario advertising time is shared among various parties. The ads for Wheel of Fortune, a game show, are pre-sold to national advertisers. The rest of the advertisements for Wheel of Fortune are offered to local stations either for free or for a reduced rate.

8 0
3 years ago
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