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3 years ago

Cost allocation involves: Multiple Choice

Business

1 answer:

Inga [223]3 years ago

3 0

Answer:

All of the answers are correct

Explanation:

The cost allocation refers to the allocation of cost with respect to the cost driver through which the allocation could be done in easily manner

Moreover, it also used to compute for allocation rate and then it would be multiplied with the weightage of the cost driver

Here, the cost driver meaning

The inspection cost is allocated by the number of inspections. Like setup, the cost is allocated by the number of setups required

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4. The Mexican peso has weakened considerably relative to the dollar, and you are trying to decide whether this is a good time t

LenKa [72]

Answer:

The forecast exchange rate in one's year time according to Goldman Sachs is MXN 14.25/USD

Explanation:

The fact that the Mexican Peso will lose 15% of its value to the dollar means that a dollar will command 15% of the current Peso value in a year's time.

Mathematically, MXN 9.5*1.15= MXN14.25 in a year's time.

It also implies that a Mexican with dollars wanting to convert into MXN in a year's time will receive more Peso compared to now.

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3 years ago

3. Claudia Aceves borrowed $845,000 from U.S. Bank to buy a home. Less than two years into the loan, she could no longer afford

Pavlova-9 [17]

Answer:

Yeah, her argument will be good in Aceves. The further explanation is given below.

Explanation:

The promissory clause applies to just the requirement that although no attorney seems to be legal, a commitment is actionable. This happens whenever the Promiser already made that commitment to something like the Promisee who performs mostly on commitment.

Aceves having operated throughout the specific situation mostly on the foundation of the Bank's commitment or withdrew its complaint. Therefore in this circumstance, the essential requirement that perhaps the promisee would have focused mostly on promiser is accomplished.
Consecration of promise to pay estoppels is founded on either the ideals of equity as well as justice. The lender's action was unreasonable to Aceves and because of that, the premise would be effective on either the bank as to when the applicant was working on a pledge basis. Thus Aceves will be accurate in her argument.

8 0

3 years ago

Extensive collections of published works in electronic form are called

Solnce55 [7]

The correct <span>answer is Digital Library.

A digital library is a special collection of digital objects which can be in form of text, visual, audio or video material which has been organized, stored and retrievable in electronic formats. These materials for them to be stored in a public digital library, usually, have to be published as a requirement.</span>

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3 years ago

Exercise 6-16 Kaleta Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inv

Irina18 [472]

Answer:

Cost of goods available for sale=$1,640

Explanation:

To calculate the cost of goods available for sale, we need to first calculate the available units of inventory;

Available inventory=Inventory purchased-inventory sold

where;

Inventory purchased are as follows;

On June 1>>>>>purchased 410 units each at $8

On June 12>>>>purchased 820 units each at $9

On June 23>>>>purchased 615 units each at $10

Total inventory purchased=(410+820+615)=1,845 units

Inventory sold are as follows;

On June 15>>>>sold 902 units each at $11

On June 27>>>>sold 738 units each at $12

Total inventory sold=(902+738)=1,640 units

Available inventory=(1,845-1,640)=205 units

The cost of goods sold can be expressed as;

Cost of goods available for sale=Cost per unit×number of units

where;

Number of units of inventory=205

Cost per unit=least cost per unit=$8

replacing;

Cost of goods available for sale=(8×205)=1,640

Cost of goods available for sale=$1,640

8 0

3 years ago

The exercise price of the options is $100 per share, all options are European and the stock does not pay any dividend. The call

Ber [7]

Answer:

Stock Price is $98.70

Explanation:

given data

exercise price = $100 per share

call price = $25 per share

put price = $17 per share

mature time = 2 years

annual rate of interest = 5%

to find out

What is the stock price today

solution

we will use here Put Call Parity for find out Stock Price that is express as

C + $\frac{100}{(1+r)^t}$ = S + P .....................1

here C is call price and r is rate and t is time and S is Stock Price and P is put price so put all value in equation 1

C + $\frac{100}{(1+r)^t}$ = S + P

25 + $\frac{100}{(1+0.5)^2}$ = S + 17

solve it we get

P = $98.70

so Stock Price is $98.70

6 0

3 years ago