All categories

2 years ago

Digger Inc. sells a high-speed retrieval system for mining information. It provides the following information for the year.

Business

1 answer:

kozerog [31]2 years ago

7 0

Answer:

Predetermined overhead rate=$19.5/machine hour

The company applied $877500 to the units produced.

Explanation:

a) Pre-determined overhead rate= Budgeted overhead manufacturing cost

Estimated number of machine hours

=975000/50000=$19.5/machine hour.

b)Applied overhead = Pre-determined overhead rate * Actual machine hours

= 19.5 * 45000

=$877500.

In traditional costing we use as base for calculating overhead rate is machine hours or labor hours but in activity based costing we identify activity that consume resources,identify cost driver of each activity,compute cost rate per cost driver unit and finally assign cost to products by multiplying cost driver rate.

Predetermined overhead rate= estimated overhead/Estimated base (cost driver).

You might be interested in

A portfolio is made up of stocks a, b, c, and d in the proportion of 20%, 30%, 25%, and 25% respectively. the nondiversifiable r

kow [346]

The portfolio beta would simply be the summation of the weighted average of each beta.

Where weighted average of each beta is calculated as:

Stock weighted average = Stock proportion * Individual beta

Therefore,

Stock A beta weighted average = 0.2 * 0.4 = 0.08

Stock B beta weighted average = 0.3 * 1.2 = 0.36

Stock C beta weighted average = 0.25 * 2.5 = 0.625

Stock D beta weighted average = 0.25 * 1.75 = 0.4375

The summation of all betas yield the overall portfolio beta:

Portfolio beta = 0.08 + 0.36 + 0.625 + 0.4375

Portfolio beta = 1.5025 ~ 1.5

4 0

3 years ago

Colin told the management team that their Ohio-based company should produce the textiles for the new line of jackets in China be

ELEN [110]

Answer:

Free trade.

Explanation:

This theoretical policy can be explained to be certain laws under which the government is seen to impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. Therefore, it is directly seen to be the opposite of protectionism, a defensive trade policy intended to eliminate the possibility of foreign competition. It is seen in terms of unrestricted measures in importation and also exportation of goods in and out of a country.

In the world of our own, which is of the recent times, this policy implementation is done by means of a formal and mutual agreement of the nations which are seen to be involved. Also this policy in some cases may simply be the absence of any trade restrictions.

7 0

3 years ago

Each currency has a changing value relative to other countries. This is referred to as the country’s blank

alex41 [277]

Each currency has a changing value relative to other currencies. This is referred to as a "currency's exchange rate."

An exchange rate is the rate at which one currency will be exchanged for another, it is additionally viewed as the estimation of one nation's cash in connection to another currency.

Exchange rates are resolved in the foreign exchange market, which is available to an extensive variety of various sorts of purchasers and venders, and where money exchanging is ceaseless: 24 hours daily aside from ends of the week.

3 0

2 years ago

Jacob needed money for some unexpected expenses, so he borrowed $5,890.25 from a friend and agreed to repay the loan in seven eq

Anna11 [10]

Answer:

OPTION C i.e 11%

Option A i.e 30.55 year

Explanation:

we know that capital can be calculated as

$Capital = EMI \times PVIFA$

$capital = EMI \times \frac{(1+r))^n -1}{r (1+r)^n}$

from the data given in question we can calculate the value of r

$5890.2 = 1250 \times \frac{(1+r))^7 -1}{r (1+r)^7}$

$4.7122 = \frac{(1+r))^7 -1}{r (1+r)^7}$

solving for r we get

r = 11%

option C

we know that

$Total\ saving = cash flow \times FVIFA$

$= Cash\ flow \times \frac{(1+r)^n -1}{r}$

from the data given we can evealueate the value of n

$8,452,622 = 40,000 \times \frac{(1.11)^n -1}{0.11}$

$\frac{8452622}{40000}\times 0.11 = (1.11)^n -1$

solving for n we get

n = 30.55 year.

Option A

4 0

3 years ago

Suppose a monopolist produces output where total revenue is maximized. at that output, the price elasticity of demand for the mo

Ipatiy [6.2K]

Suppose a monopolist produces output where total revenue is maximized. At that output, the price elasticity of demand for the monopolist's output is equal to one.

What is Monopoly?

A monopoly is a market structure where one producer or seller holds a significant amount of influence within a certain market. Monopolies are forbidden in free-market economies as they limit customer alternatives and discourage competition. A company that enjoys monopoly status lacks replacements for its goods and faces little internal competition. Monopolies have the power to set prices and create barriers to entry for competing companies. Monopolies frequently benefit from economies of scale, the capacity to produce large volumes at reduced unit prices.

To know more about monopoly refer:

brainly.com/question/5992626

#SPJ4

3 0

1 year ago