1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
larisa [96]
3 years ago
9

Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to all

ocate the overhead costs to the projects. The activities and related overhead costs are as follows: initial concept formation $42,200; design $556,000; and construction oversight $124,200. The cost drivers and estimated use are as follows.
Activities Cost Drivers Expected Use of Cost Driver/Activity
Initial concept formation Number of project changes 15
Design Square feet 138,000
Construction oversight Number of months 105

Compute the predetermined overhead rate for each activity.
Business
1 answer:
shusha [124]3 years ago
5 0

Answer:

The predetermined overhead rate for each activity.

Activities: Initial concept formation  $42,200;

Cost Drivers: Number of project changes

Expected Use of Cost Driver/Activity =  15

Predetermined overhead rate for activity = Overhead/Cost Driver=  42,200/ 15= $2813

Activities: Design $556,000;

Cost Drivers :Square feet

Expected Use of Cost Driver/Activity  = 38,000

Predetermined overhead rate for activity =Overhead/Cost Driver= 556,000/ 38,000 =$ 14.63

Activities: Construction oversight  $124,200.

Cost Drivers: Number of months

Expected Use of Cost Driver/Activity= 105

Predetermined overhead rate for activity = Overhead/Cost Driver= 124,220/ 105 = 1183.04

You might be interested in
An air defense system can be divided into how many categories, depending on their role and type of target they are protecting?
castortr0y [4]

An air defense system can be divided into 2 categories.

Explanation:

The U.S. military relies on a variety of missiles launched from finger-held to vehicle assembled systems. The Air Defense Artillery was the anti-aircraft weapons branch (for example, surface-to-air rockets).

The Missile Defense Agency's purpose is to protect stationed forces, allies, and partners, via a layered missile defence system, against hypersonic and ballistic missile threats of all kinds.

For example, two strong radars have been used on a landing pad in the Pacific to detect ICBM, another on Wake Island. The destination also was tracked by satellites equipped with infrared sensors.

6 0
3 years ago
What are the disadvantages of centralization of authority
andrew-mc [135]

Answer:

abuse of authority.

not smooth functioning.

3 0
3 years ago
On December 31, 2018, a company had assets of $34 billion and stockholders' equity of $28 billion. That same company had assets
Orlov [11]

Answer:

131.6%

Explanation:

Total assets is $50 billion

Liabilities = 50-stock holder equity which is $12 billion

= 50-12

= $38 billion

Therefore the debt to assets ratio can be calculated as follows

= 50 billion/38 billion

= 1.3157×100

°= 131.6

Hence the debts to assetsrayion is 131.6%

7 0
3 years ago
If a customer's atm card is lost or stolen, the customer must notify the bank within _____ days; and if that is done, the custom
Schach [20]
If a customer's ATM<span> card is lost or stolen, the customer must notify the bank within two</span> days; and if that is done, the customer is then liable for only the first $50 <span>stolen. This is the usual policy of the banks.</span>
4 0
2 years ago
On January 1, 2019, East Lansing, Inc., issues $2,000,000 of 10 percent, 5-year bonds that pay interest of $100,000 semiannually
xenn [34]

Answer:

The issue price of the bond is the present value of  the future cash flows of the bond,which is $2,162,217.92.  

The calculation of the issue price is shown below.

Explanation

The bond will pay interest of $100000 for 10 periods plus $2000000 par at the end of the tenth period.

The formula applicable is: Future value of each period multiplied by applicable discounting factor.

Even though the bond is issued for only 5 years,but the fact that it pays interest semi-annually makes it 10 period duration(5years*2).

Interest rate should also be adjusted to show the time horizon of six month each by dividing 8% per year by 2.

The detailed computation of present value is as follows:

 Periods   Coupon Interest @10%/2   DCF=1/(1+r)^n   PV  

1.00                 100,000.00                     0.9615            96,153.85  

2.00                  100,000.00                       0.9246     92,455.62  

3.00                  100,000.00                        0.8890      88,899.64  

4.00                   100,000.00                          0.8548      85,480.42  

5.00                    100,000.00                            0.8219      82,192.71  

6.00                    100,000.00                            0.7903     79,031.45  

7.00                    100,000.00                             0.7599    75,991.78  

8.00                    100,000.00                             0.7307    73,069.02  

9.00                    100,000.00                             0.7026     70,258.67  

10.00                    2,100,000.00                     0.6756   <u>1,418,684.75</u>  

                                                                           <u> 2,162,217.92</u>  

7 0
2 years ago
Other questions:
  • Laura is head of ABC Systems. She needs to allocate a fixed amount of funds to various projects. There are two top projects that
    5·1 answer
  • A company bought a piece of land. It can use this resource to build a factory or to plant crops. The company can also hold onto
    11·1 answer
  • inflation can be measured by the a. percentage change in the price of a specific commodity. b. percentage change in the consumer
    15·1 answer
  • Phoenix Guitars is interested in pursuing backward integration to take greater ownership of the extraction of raw materials and
    6·1 answer
  • The balance sheet data of Corinne Company at the end of 2025 and 2024 follow: 2025 2024 Cash $50 $70 Accounts receivable (net) 3
    12·1 answer
  • Gertie sees an ad for Ultra Tide and thinks, "Ultra Tide looks like a really good product—I think I’ll try it." This is an examp
    6·2 answers
  • Zortek Corp. budgets production of 380 units in January and 270 units in February. Each finished unit requires four pounds of ra
    14·1 answer
  • To conduct an experiment, a movie theater increased movie ticket prices from $9 to $10 and measured the change in ticket sales.
    11·1 answer
  • . Pharmacist is an important profession. give reasion​
    15·2 answers
  • When airlines charge higher prices for seats in the Economy section Exit rows that have more leg room, they are using which pric
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!