All categories

3 years ago

Paparo Corporation has provided the following data from its activity-based costing system:

Business

1 answer:

Simora [160]3 years ago

8 0

Answer:

The average cost of product Q79Y is closest to = $ 133.30

Explanation:

Paparo Corporation

We find the total cost of material , labor and FOH using activity based costing.

Activity based Costs= Activity Cost/ Total Cost Pool * No of Cost Pools

Direct materials cost $ 46.00 per unit * 450= $ 20700

Direct labor cost $ 41.07 per unit*450= $ 18481.5

Assembly Costs =$ 831,300 /51,000 machine-hours* 1,010 hours =$ 16463

Processing orders Costs= $ 49,010 /1,300 orders *55 orders = $2073.5

Inspection Costs= $ 98,905 /1,310 inspection-hours* 30 hours = $2265

Total Manufacturing Costs for 450 units = $ 59983

The average cost of product Q79Y is closest to = $ 59983/450=$ 133.29=

$ 133.30

You might be interested in

The par value of a stock:

SCORPION-xisa [38]

Answer:

A) is used to determine minimum legal capital balances at issuance

Explanation:

The par value of stock represents the minimum amount that must be paid per share. Par value is also referred as the Face Value or Nominal Value of common stock. The Par Value of common stock is derived by Par value per share * No. of Issued Shares.

8 0

3 years ago

Susan put her savings into a mutual fund that paid a nominal interest rate of 3 percent a year at the beginning of 2005. the cpi

Ksju [112]

Answer:

-0.11% per year

Explanation:

Here, we want to calculate real interest rate.

Firstly, we calculate the inflation rate

mathematically the inflation rate = (cpi at the end of year - cpi at the beginning of year)/cpi at the beginning of year * 100%

Inflation rate = (232-225)/225 * 100% = 3.11%

we now proceed to calculate the real interest rate

mathematically, real interest rate = Nominal interest rate - inflation rate

from the question, nominal interest rate = 3%

real interest rate = 3% - 3.11% = -0.11%

This means that the real interest rate earned by sally is -0.11% per year

8 0

3 years ago

You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th

Ronch [10]

Answer:

you should accept the payments because they are worth $56,451.91 today

Explanation:

We have to determinate the present value of the proposed annuity of $641 per month over a ten year spawn

Then, the value of the annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 641.00

time 120 (12 months x 10 years)

rate 0.005416667

$641 \times \frac{1-(1+0.00541666666666667)^{-120} }{0.00541666666666667} = PV\\$

PV $56,451.9083

5 0

3 years ago

Sanders Enterprises arranged a revolving credit agreement of $9,000,000 with a group of banks. The firm paid an annual commitmen

Kaylis [27]

Answer:

Total dollar Annual Cost = $300,000

Explanation:

Total loan Commitment = 9000000

Borrowed Fund (Used Portion) = 6000000

Unused Portion (9000000 - 6000000) = 3000000

Annual Commitment Fee for unused Portion = 0.50%

Commitment Fee = 3000000 x 0.05% = 15000

Borrowed Fund (Used Portion) = 6000000

Interest Rate (3.25% + 1.5%) = 4.75%

Interest Cost (6000000 x 4.75%) = 285000

Total dollar Annual Cost (15000 + 285000) = $300,000

5 0

3 years ago

On october 4, 2017, terry corporation had credit sales transactions of $2,500 from merchandising having a cost of $1,900. the en

Arturiano [62]

I believe that this problem has the following choices:

> a debit of $2,500 to Merchandise Inventory.

> a credit of $2,500 to Sales.

> a debit of $1,900 to Merchandise Inventory.

> a credit of $1,900 to Cost of Goods Sold.

The correct answer from the choices is:

<span>> a credit of $2,500 to Sales
</span>

8 0

4 years ago