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matrenka [14]
3 years ago
14

A school district needs to arrange transportation for at least 360 students for a field trip. The district can use large buses o

r small buses. The large buses hold 60 students each and have an operating expense of $300 for the day. The small buses hold 45 students each and have an operating expense of $200 for the day. The district only has chaperones for, at most, seven buses. What is the minimum cost for the transportation for the field trip if each bus has chaperones
Business
1 answer:
kykrilka [37]3 years ago
8 0

Answer:

$1700

Explanation:

The total number of students are 360 and the best option in selecting large bus or small bus is the one with lowest cost per student.

Large bus cost per student = $300 / 60 students = $5 per student

Small bus cost per student = $200 / 45 students = $4.44 per student

This means that the small bus is the best option.

So by using hit and trail basis,

(45 students * 4 mini buses) + (60 students * 3 Large Buses) = 360 Students

As we have the limit for 7 buses, the above scenario is the best option here and the total cost for 4 mini bus and 3 large buses is as under:

Total Cost  = $200 * 4 Mini Buses      +    $300 * 3 Large Buses

Total Cost  = $800 + $900 = $1700

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Answer:

the Cost of Goods Sold balance after the proration is $56,140 (none of the suggested solutions)

Explanation:

<em>Step 1 Consider whether there was an Over or Under Application of Overheads.</em>

Applied Manufacturing Overhead $98,400 > Actual Manufacturing Overhead $93,000

Overheads were thus Over-Applied by $5,400

<em>Step 2 Allocate the Over- Application of Overheads to Closing Inventory in proportion to their weightings</em>

Item                                                             Total         Weight %      Allocation

Cost of Goods Sold                                 $59,400        60.37%        3,260

Finished Goods Inventory accounts      $39,000         39.63%        2,140

Total                                                         $98,400       100.00%        5,400

Balances after allocation :

Cost of Goods Sold = $59,400 - $3,260 = $56,140

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What is the output of a mosquito repellent product?​
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The output of mosquito reppelent is a toxin that is harmful to mosquitos
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Phil, a management trainer at Flint Inc., designs a training program that focuses on capturing insights and information from kno
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The correct answer is letter "C": Enhance innovation and creativity.

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Phil is enhancing innovation and creativity by introducing his new management assessment. Those assessments are typically directed to executives and how they should use their resources to drive companies to success. However, Phil is promoting the idea of obtaining valuable information from knowledgeable employees of the entity that could help managers to make better decisions.

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3 years ago
Model, Inc., produces model automobiles made from metal. It operates two production departments, Molding and Painting, and has t
m_a_m_a [10]

Answer:

a)                                    Molding             Painting             Total

Product costs:

Direct materials        $242,500          $211,000            $453,500

Direct labor               $327,500         $219,000            $546,500

<u>Overhead                  $105,000          $82,500             $187,500</u>

Subtotal                    $675,000          $512,500          $1,187,500

Period costs (service departments):

Maintenance              $191,376            $24,624             $216,000

Accounting                 $171,171            $227,829            $399,000    

<u>Administration            $153,410           $76,590             $230,000</u>          

Subtotal                     $515,957          $329,043            $845,000    

Total costs              $1,190,957           $841,543         $2,032,500

       

2) product costs per unit:

molding = $675,000 / 100,000 units = $6.75 per unit

painting = $512,500 / 100,000 units = $5.125 per unit

total product cost per unit = $11.875 per unit

3) period costs per unit:

molding = $515,957 / 100,000 units = $5.16 per unit

painting = $329,043 / 100,000 units = $3.29 per unit

total product cost per unit = $8.45 per unit

Explanation:

                                      Molding                        Painting

Building area     441,000/497,700 = 88.6%      56,700 /497,700 = 11.4%

Employees              66/154 = 42.9%                   88/154 = 57.1%

Equipment value     $118/$177 = 66.7%               $59/$177 = 33.3%                    

3 0
3 years ago
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