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iren [92.7K]
3 years ago
12

Management of Wee Ones (WO), an operator of day-care facilities, wants the company's profit to be subdivided by center. The firm

's accountant has provided the following data:
Budgeted Budgeted Actual Actual Direct Costs Direct Costs Center Revenue Revenue 336,000 425,000 561,000 $ $364,800 372,000 Downtown Irvine 588,000 516,800 465,000 H.Beach 756,000 714,000 638,400 713,000 $1,680,000 $1,700,000 $1,520,000 $1,550,000

Totals WO's advertising, which is handled by the home office, is not reflected in the preceding figures and amounted to $71,000. Assume that management used the allocation base that is most influenced by advertising effort and consistent with sound managerial accounting practices.

How much advertising would be allocated to the Irvine center?
Business
1 answer:
m_a_m_a [10]3 years ago
3 0

Answer:

The correct answer is $23,430.

Explanation:

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

Total actual revenue = $1,700,000

Irvine Center actual revenue = $561,000

Advertising cost = $71,000

So we can calculate the amount of advertising that would be allocated to the Irvine center by using following formula:

Advertising Cost allocated = (Irvine Center actual revenue × Advertising cost)   ÷ Total actual revenue

By putting the value, we get

= ($561,000 × $71,000)  ÷ ( $1,700,000)

= $23,430.

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andrezito [222]

Answer:

(a) 3.9 units/hour; 3.5 units/hour

(b) 11.43%

Explanation:

(a) Current period productivity:

= Current output ÷ Current labor hours

= 156 units ÷ 40 hours

= 3.9 units per hour

Previous week's productivity:

= Previous week's output ÷ Previous week's labor hours

= 105 units ÷ 30 hours

= 3.5 units per hour

(b) Percentage change in worker's productivity:

= (Change in productivity ÷ Previous week's productivity) × 100

= [(3.9 - 3.5) ÷ 3.5] × 100

= 11.43%

Therefore, the worker's productivity increases by 11.43%.

5 0
3 years ago
Diego owns and operates a small business with only four full-time employees and less than $700,000 in annual sales. He currently
marusya05 [52]

Answer: he could benefit from adopting such a system, but should also consult with an accountant for advice about what's best.

6 0
3 years ago
starskeep, inc., is a fast-growing technology company. the firm projects a rapid growth of 40 percent for the next two years and
tino4ka555 [31]

When the required rate of return for such stocks is 20 percent, the current price of the stock is 15.63.

<h3>What is stock?</h3>

Stock in finance refers to all of the shares that make up a corporation's or company's ownership. A single share of stock represents fractional ownership of the corporation based on the total number of shares. A stock is a broad term that refers to any company's ownership certificates.

The price will be calculated thus:

D1 = 1.25

D2 = 1.25 × (11+.40)

D3 = 1.25 × (1+.40) × (1+.20)

D4 = 1.25 × (1+.40) × (1+.20)^2

P4 = 1.25 × (1+.40) × (1+.20)^2 × (1+.08)/(.20 - .08)

Note that d is the dividend.

Current Stock Price = 1.25/(1+.20)^1 + 1.25*(1+.40)/(1+.20)^2 + 1.25*(1+.40)*(1+.20)/(1+.20)^3 + 1.25*(1+.40)*(1+.20)^2/(1+.20)^4 + 1.25*(1+.40)*(1+.20)^2*(1+.08)/(.20 - .08)*(1+.20)^4 = 15.625 or 15.63

Therefore, the current price is 15.63.

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brainly.com/question/25818989

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3 0
1 year ago
Ford's mass-production method on a moving line was called a(n)_____. A. Model T B. Ford Motor Company C. assembly line D. Willow
ELEN [110]
I think the correct answer among the choices listed above is option C. Ford's mass-production method on a moving line was called an assembly line. It allowed the company Ford to produce automobile faster compared to before.
Hope this answers the question.

8 0
3 years ago
Read 2 more answers
Renata and Danuta would like to form a business providing take-out meals to homebound destitute residents of Las Vegas. The meal
SOVA2 [1]

Answer: Non profit Corporation

Explanation:

The best form of business Renata and Danuta could adopt is a nonprofit corporation. It should be noted that a nonprofit corporation is a corporation that is being formed for educational, charitable, religious, or scientific purpose.

Since Renata and Danuta would like to form a business providing take-out meals to homebound destitute, this is a charitable purpose. A non-profit corporation can be a charity, research institute, organization, a church, school, volunteer services organization, etc.

3 0
3 years ago
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