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NNADVOKAT [17]
3 years ago
13

Jackson Company uses activity-based costing to allocate their overhead costs. Setup costs of $850,000 are based on number of bat

ches. Design modification costs of $155,000 are based on number of design changes. Jackson Company has identified 40,000 batches and has 5,000 design changes in their factory. What is the activity rate for setup?
Business
1 answer:
ivolga24 [154]3 years ago
5 0

Answer:52.25

Explanation:

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Budgeted sales are expected to be: January 200 Units February 300 Units March 400 Units April 300 Units May 400 Units Selling Pr
erik [133]

Answer:

Sales Budget for January, February, March and April

                                             January         February          March          April

Budgeted Sales Units             200                 300               400             300

Selling Price                             $10                  $10                $10              $10

Budgeted Sales                   $2,000            $3,000         $4,000        $9,000

Production Budget for January, February, March and April

                                             January         February          March          April

Budgeted Sales Units             200                 300               400             300

Budgeted Production Units    200                 300               400             300

Explanation:

Sales Budget shows a forecast of the future sales revenues expected by the Company.It is the first budget to be prepared from which all other companies budget are created.

Sales Budget for January, February, March and April

                                             January         February          March          April

Budgeted Sales Units             200                 300               400             300

Selling Price                             $10                  $10                $10              $10

Budgeted Sales                   $2,000            $3,000         $4,000        $9,000

Production Budget for January, February, March and April

Hint : Since there are no targets for beginning or closing inventories, then Sales are equal to production.

                                             January         February          March          April

Budgeted Sales Units             200                 300               400             300

Budgeted Production Units    200                 300               400             300

4 0
3 years ago
In economics, the term productivity refers to:
vitfil [10]

Answer: it’s the amount of output compared to the input needed to create something

Explanation:

just took the test

7 0
3 years ago
In 2020, Ensley drove her automobile 28,500 miles. She incurred the following expenses during the year related to the automobile
JulsSmile [24]

Answer: $2722

Explanation:

Ensley's automobile deduction under the actual cost method is calculated below:

Gas and oil = $1800

Add: Insurance = $980

Add: Repairs = $360

Add: Licenses and registration fees = $50

Total Expenses = $3190

We then calculate the business usage which will be:

= 80% of $3190

= 0.8 × $3190

= $2552

We then add the cost of business parking and tolls, then the total deduction will be:

= $2552 + $170

= $2722

4 0
3 years ago
Kurstie received an $800 state income tax refund this year. Kurstie deducted $3,000 of state income taxes paid in the prior year
Lynna [10]

Answer:

b. If Kurstie's itemized deductions exceeded the standard deduction by $200, then $200 of the refund is included in gross income.

Explanation:

Based on the information given we were told that the amount of $3,000 of the state income taxes paid as part of her itemized deductions was deducted Which therefore means that the statements regarding the taxability of Kurstie's refund that is true will be : IF THE ITEMIZED DEDUCTIONS EXCEEDED THE STANDARD DEDUCTION BY $200 the amount of $200 OF THE REFUND will have to be included in the GROSS INCOME .

4 0
3 years ago
Assets = liabilities + owners' equity is the equation for information reported on the
Advocard [28]
<span>Assets = liabilities + owners' equity is the equation for information reported on the: Balance sheet

In accounting, balance basically represents a brief overview about what the company currently own.
Assets represent something valuable that the company own to conduct their operation, Liabilities represent the debt that they have to pay to other individual or entities, And owner equity represents how much ownership one person have from all the things that the company owns.</span>
3 0
3 years ago
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