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Anon25 [30]
3 years ago
6

Mervon Company has two operating departments: Mixing and Bottling. Mixing occupies 25,380 square feet. Bottling occupies 16,920

square feet. Indirect factory costs include maintenance costs of $238,000.
Required:
a. If maintenance costs are allocated to operating departments based on square footage occupied, determine the amount of maintenance costs allocated to each operating department
Business
1 answer:
WITCHER [35]3 years ago
8 0

Answer:

Mixing   = $142,800

Bottling = $95,200

Explanation:

Th amount of indirect cost of maintenance to be allocated to the two departments would be as follows:

<em>Allocated Maintenance department cost :</em>

Mixing  = 25,380/( 25,380 +16,920) ×  $238,000 = 142800

Bottling = 16,920/( 25,380 +16,920) × $238,000= 95200

<em>Allocated maintenance overheads</em>

Mixing   = $142,800

Bottling = $95,200

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Answer:

Explanation:

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The elasticity of demand is the main determinant of how burden of tax is divided between buyers and sellers.

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3 years ago
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Paloma Company establishes a $200 petty cash fund on Jan 1. On January 8, the fund shows $107 in cash along with receipts for th
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Answer:

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The only difference between part 2 and 3 is that the Petty cash fund is increased by $150, and cash decreases by $243 instead of $93.

6 0
3 years ago
The coefficient of variation, calculated as the standard deviation of expected returns divided by the expected return, is a stan
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Answer:

The correct answer is True.

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Whenever a conflict arises within the classification of projects between the expected monetary value and the standard deviation, the coefficient of variation is used to try to solve the problem. For this reason, it is concluded that the coefficient of variation is a standardized measure of risk.

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3 years ago
Haskins Products sells 2,000 kayaks per year at a sales price of $470 per unit. Haskins sells in a highly competitive market and
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Answer:

target fixed​ costs is $ 420000

Explanation:

Given data

sells 2,000

sales price of $470 per unit.

product cost at $720,000

variable costs are $300,000

to find out

target fixed​ costs

solution

we know here product cost and variable cost

so target fixed​ costs is product cost - variable costs

so we put all these value to find out target fixed cost

target fixed​ costs = product cost - variable costs

target fixed​ costs = 720000 - 300000

target fixed​ costs is $ 420000

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