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
Shtirlitz [24]
3 years ago
10

Heedy Winery accumulates the costs incurred in the labeling process in an activity cost pool. Costs for the labeling process are

estimated to be $320,000, and the winery expects to generate 640,000 labels for the coming year. Production for its top-selling wine is estimated at 160,000 bottles. How much overhead from the labeling process will be allocated to this particular variety of wine
Business
1 answer:
klasskru [66]3 years ago
6 0

Answer:

$80,000

Explanation:

The computation of allocation labeling expenses is shown below:-

Overhead rate = Labeling process cost ÷ Labels generated

$320,000 ÷ $640,000

= $0.5 per label

Allocation labeling expenses = Wine estimated bottles × Overhead rate

= $160,000 × $0.5

= $80,000

Therefore for computing the allocation labeling expenses we simply applied the above formula.

You might be interested in
When Alfred Nobel​ died, he left the majority of his estate to fund five​ prizes, each to be awarded annually in perpetuity star
Vaselesa [24]

Answer:

the numbers are missing, so I looked for similar questions:

When Alfred Nobel died, he left the majority of his estate to fund five prizes, each to be awarded annually in perpetuity starting one year after he died (the sixth one, in economics, was added later). a. If he wanted the cash award of each of the five prizes to be $33,000 and his estate could earn 7% per year, how much would he need to fund his prizes? b. If he wanted the value of each prize to grow by 6% per year (perhaps to keep up with inflation), how much would he need to leave? Assume that the first amount was still $33,000 c. His heirs were surprised by his will and fought it. If they had been able to keep the amount of money you calculated in (b), and had invested it at 7% per year, how much would they have in 2014, 118 years after his death?

a) total amount of prizes = $33,000 x 5 = $165,000

using the perpetuity formula, present value = annual payment / discount rate

money needed in trust fund = $165,000 / 0.07 = $2,357,142.86

b) we need to use the growing perpetuity formula:

money needed in trust fund = $165,000 / (0.07 - 0.06) = $165,000 / 0.01 = $16,500,000

c) future value = present value x (1 + r) = $16,500,000 x (1 + 7%)¹¹⁴ = $36,917.7 million

8 0
3 years ago
Andrea's Kitchen is a catering business that operates by means of its own website. Customers order party platters, pastries, and
valkas [14]

Answer:

D) Direct Channel

Explanation:

Distribution, also called place is one of the four Ps of marketing. Distribution is the process of delivering goods or services from the manufacturer to the consumers. In distribution, there are two ways of delivering goods or services to the target market. The first one is known as the Direct distribution while the other is the Indirect distribution. Direct distribution is a situation where goods or services are delivered to the target market without any help from middlemen. That is, straight from the manufacturers to the consumer. This is also known as Zero distribution. This way of distribution lowers cost because it is direct from the manufacturer to the consumer.

 The other way of distribution is the Indirect distribution. Indirect distribution happens when goods or services are delivered to the target market with the help of middlemen. The middlemen mentioned here, refer to the agents, brokers, wholesalers and retailers.

  Andrea's Kitchen Catering Services offers the way of direct distribution because they do not make use of middlemen in order to deliver goods to their customers. The food leaves their kitchen(place of production) and straight to the consumer's abode. One major advantage of this way of distribution is the easy access and quality communication between the manufacturer and the consumers.

7 0
3 years ago
Feeney Furniture prepared the following sales budget: Month Cash Sales Credit Sales March $19,000​ $11,000​ April $40,000​ $11,0
marusya05 [52]

Answer:

total cash collections in June = $101050

so correct option is A. $101,050

Explanation:

given data

month              cash sales                    credit sale

march                $19,000                        $11,000

April                   $40,000                       $11,000

May                    $43,000                       $35,000

June                   $59,000                       $50,000

to find out

total cash collections in June at Feeney Furniture

solution

we find here total cash collections in June that is express as

total cash collections in June = cash sale in June  + ( credit sale in June × 62% ) + ( credit sale in May × 30%) +  ( credit sale in April × 5%)   .............1

put here value we get

total cash collections in June = $59000  + ( $50000 × 62% ) + ( $35000 × 30%) +  ( $11000 × 5%)

total cash collections in June = $101050

so correct option is A. $101,050

8 0
3 years ago
Read 2 more answers
To be useful for decision making, information should possess the fundamental qualities of relevance and.
Nitella [24]

To be useful for decision making, information should possess the fundamental qualities of relevance and  <u>Faithful representation</u>.

<h3>What is  faithful representation?</h3>

Faithful representation can be defined as the financial accounting concept that stated a company financial position which they present should be correct with what the company has as their financial statement.

It is paramount that a company a financial statement is accurate  to what they present in the financial statement  and  should not be compromise.

Therefore To be useful for decision making, information should possess the fundamental qualities of relevance and  <u>Faithful representation</u>.

Learn more about  Faithful representation here:brainly.com/question/14506917

#SPJ1

7 0
1 year ago
Blossom Company's accounting records show the following for the year ending on December 31, 2017.
LuckyWell [14K]

Answer:  $678,220

Explanation:

Given that,

Purchase Discounts = $ 11,000

Freight-in = $15,300

Purchases = $689,020

Beginning Inventory = $55,000

Ending Inventory = $45,600

Purchase Returns and Allowances = $15,100

Cost of goods purchased:

= Purchases + Freight in - Purchase discounts - Purchase returns and allowances

= $689,020  + $15,300  - $ 11,000  -  $15,100

= $678,220

4 0
3 years ago
Other questions:
  • Exercise 24-3 Payback period computation; straight-line depreciation LO P1 A machine can be purchased for $140,000 and used for
    10·1 answer
  • The cost accountants at the Doering Company regressed total overhead costs and direct labor hours for the past 30-months and rep
    6·1 answer
  • Melinda earns wages of $80,000, income from a limited partnership of $10,000, and a $30,000 passive activity loss from a real es
    8·1 answer
  • What are the qualities of a free-enterprise system? Check all that apply.
    10·1 answer
  • Colin McKinney, director of marketing for Greenwald Industrial Products, complains to his advertising director that the continui
    5·1 answer
  • Explain how organizational culture molds the thinking and outlook of those participating in criminal justice. Specifically ident
    8·1 answer
  • 10. Which of the following is NOT a trading instrument? *
    13·1 answer
  • What factors do you think are most important to luxury buyers?
    5·1 answer
  • Bond P is a premium bond with a coupon rate of 8.2 percent. Bond D is a discount bond with a coupon rate of 4.2 percent. Both bo
    14·1 answer
  • Explain the term strategic dependence. what kind of markets would we expect to find it in? How will it affect the behavior of fi
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!