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Schach [20]
3 years ago
15

Tranquility Company manufactures ceiling fans and uses an activityminusbased costing system. Each ceiling fan has 20 separate pa

rts. The direct materials cost is $ 85 and each ceiling fan requires 3 hours of machine time to manufacture. There is no direct labor. Additional information is as​ follows: Activity Allocation Base Predetermined Overhead Allocation Rate Materials handling Number of parts ​$ 0.04 Machining Machine hours 7.8 Assembling Number of parts 0.35 Packaging Number of finished units 3 What is the total manufacturing cost per ceiling​ fan? (Round any intermediate calculations and your final answer to the nearest​ cent.) A. $ 95.80 B. $ 116.20 C. $ 119.20 D. $ 109.20
Business
1 answer:
UkoKoshka [18]3 years ago
6 0

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Each ceiling fan has 20 separate parts.

The direct materials cost is $ 85

Each ceiling fan requires 3 hours of machine time to manufacture.

Activity (Allocation Base) -  Predetermined Overhead Allocation Rate

Materials handling (Number of parts) - ​$0.04

Machining (Machine hours) -  $7.8

Assembling (Number of parts) -  $0.35

Packaging (Number of finished units) - $3

Total unitary cost= direct material + allocated overhead

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Total unitary cost= 85 + (0.04*20 + 7.8*3 + 0.35*20 + 3*1)= $119.2

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Answer:

Explanation:

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Given that:

Moonbooks received $79,380 =  principal amount of debt (P)

The interest rate (r) = 8% annually = 0.08.

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3 years ago
Case Problem Analysis: Jurisdiction
Natali5045456 [20]

There are different kinds of cases. The answers to the questions are blow.

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  • Georgia and Florida have personal jurisdiction over the trucking firm?

Yes, Marya sue the trucking firm in Georgia and Florida state courts.

Miriam would likely NOT want to sue the trucking firm in Georgia because she would need to;

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Miriam would likely want to sue the trucking firm in Florida because:

1. The court is closer to her home

2.  She can better research for local lawyers

  • Miriam can sue the trucking firm in a federal trial court because residents of different states.

  • over $75000

<h3>What takes place in a court case?</h3>

In a  trial done in a court, lawyers often present evidence via witnesses who are known to testify about what they have seen or known.

After all the evidence had been presented, the lawyers will then give their closing arguments and lastly, the jury then decides if the defendant is guilty or not guilty.

Learn more about jurisdiction from

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2 years ago
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What does it mean if your net assets increase
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When a company earns income, it becomes larger because net assets have increased. Even if a portion of the profits is later distributed to shareholders as a dividend, the company has grown in size as a result of its own operations.
5 0
3 years ago
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g The "monetary base" is simply: a. the total of all currency in circulation, outside banks b. the total vault cash held among a
Zanzabum

Answer:

e. the total of currency in circulation, plus depository institution reserves and vault cash

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Monetary base is a concept in money supply that measures highly liquid assets in an economy.

It includes all cash that is in circulation in the economy and those deposits that are held as reserves by the central bank from commercial banks. Cash in bank vaults are also included because they are readily available to the economy.

For example if there is $200 million in circulation and there is $13 billion in the central bank as reserves from commercial banks, the total monetary base is $13.2 billion

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Assume Maine Line Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge
Keith_Richards [23]

Answer:

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R = \$14,000+\$1*n

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If there are 200,000 reservations for passengers taking a trip next month, the reservation cost is:

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Total reservation cost is $214,000.

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