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3 years ago

Accounting for lean operations requires fewer transactions because

1 answer:

7 0

Lean operations including manufacturing and production are a system to minimize waste. This system works proactively and tries to limit the amount of productivity being wasted to manufacture items. Less transactions are needed in this system being they are efficient throughout the organization.

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Which of the following best describes the ordered pairs listed below? (-5, -7), (0, -12), (-5, -19), (8, -20)

viva [34]

It is not a function bc -5 repeats 2x

4 0

3 years ago

Garden Zurich Corp. manufactures garden fountains. It currently has two product lines, the basic and the luxury. Garden Zurich h

wolverine [178]

Answer:

Garden Zurich Corp.

a. Traditional costing system with machine hours as the cost driver:

Overhead rate = $171,500/10,000 = $17.15

Overhead assigned to each product line:

Basic = $85,750 ($17.15 * 5,000)

Luxury = $85,750 ($17.15 * 5,000)

b. Activity rates for each cost pool:

Materials handling = $200 ($14,000/70)

Quality control = $100 ($37,500/375)

Machine maintenance = $120 ($120,000/1,000)

Explanation:

a) Data and Calculations:

Total overhead = $171,500

Basic Luxury

Direct costs $200 $300

Selling price 500 750

Contribution $300 $450

Production units 800 500

Activity Cost Cost Driver Cost Assigned to Pool Quantity/Amount

Pools Basic Luxury

Materials handling Number of moves $14,000 20 50 moves

Quality control Number of inspections $37,500 250 125 inspec.

Machine Number of machine

maintenance hours $120,000 5,000 5,000 m.hour

Total overhead costs $171,500

4 0

2 years ago

A worker received a $10,000 bonus and decided to split it among three different accounts. He placed part in a savings account pa

kotykmax [81]

Answer:

so savings = $2200

bonds = $4400

and mutual fund = $3400

Explanation:

given data

received bonus = $10,000

savings account paying = 4.5% per year

bonds paying = 5%

mutual fund that returned = 4%

income from these investments = $455

to find out

How much did the worker place in the government bonds

solution

we consider amount invested for 4.5 % is = x

and hen his investment in bonds is = 2x for 5%

and rest is 10000- x - 2x

that is = (10000- 3x ) for 4%

interest equation will be here

0.045 x + 0.05 (2x) + 0.04 (10000-3x) = 455

solve we get

x = 2200

so savings = $2200

bonds = $4400

and mutual fund = $3400

4 0

3 years ago

A company assigns overhead using a plantwide rate. If total estimated manufacturing overhead is $900,000 and the total estimated

ozzi

Answer:

Overhead application rate

= <u>Budgeted overhead</u>

Budgeted machine hours

= <u>$900,000</u>

30,000 hours

= $30 per machine hour

Overhead cost assigned to the product

= Overhead application rate x Actual machine hours

= $30 x 12,000 hours

= $360,000

Explanation:

In this case, there is need to determine the overhead application rate, which is the ratio of budgeted overhead to budgeted machine hours.

Then, we will obtain the overhead cost assigned to the product by multiplying the overhead application rate by actual machine hours.

3 0

3 years ago

The following are the unit costs of making and selling an item at a volume of 30,000 units per month, which represents the compa

nadezda [96]

Answer:

$7.90 per unit

Explanation:

The computation of the minimum price on these defective units is shown below:

It is equivalent to the selling & admin variable cost per unit i.e. $7.90 per unit

oAs all the other cost would be considered as a sunk cost because the product is already generated and the fixed cost is not considered as it would remain the same whether the production is increase or not

Therefore the second option is correct

5 0

3 years ago