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Oxana [17]
3 years ago
12

Ekmark Corporation uses the following activity rates from its activity based costing to assign overhead costs to products: Activ

ity Cost Pools Activity Rate Assembling products $6.56 per assembly hour Processing customer orders $65.38 per customer order Setting up batches $82.84 per batch Data for one of the company's products follow: Product P59G Number of assembly hours 240 Number of customer orders 48 Number of batches 64 How much overhead cost would be assigned to Product P59G using the activity based costing system
Business
1 answer:
mel-nik [20]3 years ago
8 0

Answer:

The correct answer is $10,014.40.

Explanation:

According to the scenario, computation of the given data are as follows:

Total cost of assembling = $6.56 × 240 = $1,574.40

Total cost of processing customer order = $65.38 × 48 = $3,138.24

Total cost of setting up batches = $82.84 × 64 = $5,301.76

So, we can calculate the total overhead cost by using following formula:

Total Overhead = $1,574.40 + $3,138.24 + $5,301.76

= $10,014.40

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faltersainse [42]

Answer:

B) For the 11th worker, the value of the marginal product of labor is $4,000.

Explanation:

The marginal product of labor (MPL) of a company is the total change in output achieved by hiring an additional worker. To calculate the MPL we have to multiply the change in output (measured in units) times the revenue generated by every extra unit of output.

In this case, the MPL = 2 surfboards x $2,000 per surfboard = $4,000

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3 years ago
Firms are institutions that organise​ _____ of goods and services.
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Answer:

The correct word for the blank space is: the production.

Explanation:

A firm is a business or organization that produces goods or services on a for-profit basis. While the term is typically related to law firms, it applies to an array of entities. For example, a firm can be a corporation which is a legal entity that is separate from its owners and enjoys the right to entering contracts, loan, and borrow money or conduct other business.

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3 years ago
A company's days' cash on hand is computed by dividing:​ Group of answer choices ​cash and short-term investments by daily cash
Romashka-Z-Leto [24]

Answer:

The answer is A. ​cash and short-term investments by daily cash operating expenses

Explanation:

This is calculated as follows:

cash and short-term investments(cash equivalents) ÷ daily cash operating expenses.

Cash equivalents are very short-term securities. They are very liquid and can be converted to cash very quickly. Examples are bank accounts short-term securities like treasury bills.

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5 0
3 years ago
Volbeat Corporation has bonds on the market with 10.5 years to maturity, a YTM of 6.2 percent, a par value of $1,000, and a curr
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Answer:

The answer is 5.47 percent

Explanation:

Firstly, we find coupon payment (PMT).

it can be gotten from the price (present value) of bond formula:

PV = PMT/(1+r)^1 + PMT/(1+r)^2 ....... PMT + FV/(1+r)^n

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Coupon rate is Annual PMT /par value

= $54.72/1000

0.0547 or 5.47 percent

7 0
3 years ago
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