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fenix001 [56]
3 years ago
9

Assume that a pet food manufacturer is considering adding two types of pet food to its existing product line. Research had deter

mined that good demand exists for dog food in 40-pound bags and cat food in 0.5 pound cans. The company identified the following partial list of activities, costs, and activity drivers expected for the next year: Activity Expected Costs Cost Driver Handling materials $105,000 Number of batches made Storage costs $820,000 Weight of finished product ​ Dog Food Cat Food Production volume 100,000 units 200,000 units Batches made 200 batches 150 batches1. How much overhead cost will be assigned to each unit of product using activity-based costing (ABC)?
a. Dog food: $4.62: cat food: $4.62.
b. Dog food: $2.64; cat food: $2.64.
c. Dog food: $8.60: cat food: $0.33.
d. Dog food: $0.26: cat food: $8.60.
e. Dog food: $0.12; cat food: $3.85.
2. Which of the following would not be considered a product cost?
a. Direct material costs.
b. Factory supervisor's salary.
c. Direct labor costs.
d. Budget accountant's salary.
e. Manufacturing overhead costs.
Business
1 answer:
Zanzabum3 years ago
6 0

Answer:

a. dog food

Explanation:

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Which of the following is not one of the main factors that contribute to fraudulent activity?
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The correct answer is choice b, incompatible duties.

There are three primary reasons why people commit fraudulent activity, which is represented in the Fraud Triangle. The three primary factors that lead to fraud are opportunity, financial pressure and rationalization.

7 0
4 years ago
Glenda, the plant manager for ABC Corporation, views the results from the latest survey of employee attitudes. The results show
Brrunno [24]

Answer:

Human resource problem

Explanation:

Human resources is defined as the people that make up the workforce of a business entity. It is also termed manpower, labour, and personel that make up the employee base of a company.

Considerations of human resources are welfare, benefits, hiring, training, and records. These activities have to be satisfactory to maintain a productive workforce.

In the given scenario Glenda views the results of job satisfaction in the manufacturing plant and notices it has dropped significantly since the last survey.

This is a sign that there is a problem related to the human resources of the company.

Job satisfaction will need to be improved to increase employee productivity

6 0
4 years ago
A borrower has secured a 30-year, $150,000 loan at 7% with monthly payments. Fifteen years later, the borrower has the opportuni
aliina [53]

Answer:

Return on investment ≈ 29%

Explanation:

<em><u>using excel function </u></em>

Determine :

Rate = 7% / 12 = 0.0058

Nper value = 30 years * 12 = 360

PV = -$150,000

∴ PMT value = $997.95

next : calculate the outstanding balance 15 years later

=  ( 997.95 / 0.00583 )  * ( 1 - ( 1 / ( 1 + 0.00583 )^15*12 ))

= 171174.96 * 0.6489

= $ 111,075.43

<u>Considering the opportunity to refinance </u>

Rate = 6% /12 = 0.005

Nper = 15 * 12 = 180

Pv = - $111,075.43

∴ PMT = 937.32

the monthly saved up payment = PMT 1 - PMT 2

= 997.95 - 937.32  = $60.63

Finally

Rate of return on investment

= 2500 = 60.63 * ( \frac{1 - (\frac{1+r}{12})^{-15*12}  }{r} )

hence Rate of return ≈ 29 %

attached below is a screenshot of the excel function used for question 2 and it can be used for question 1 as well just change the values

6 0
3 years ago
Assessing opportunity cost involves
Kruka [31]

The act of assessing opportunity cost involves making choices and dealing with consequences.

<h3>What is an opportunity cost?</h3>

This refers to the most desirable alternative given up as the result of a decision.

It is also the concept that cost of something that has to be given up to enjoy something better.

Hence, the act of assessing opportunity cost involves making choices and dealing with consequences.

Read more about opportunity cost

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7 0
2 years ago
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TiliK225 [7]

Answer: 2. cause stocks with similar risks to have similar expected returns.

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Because of this, they will usually expect a certain level of return for a certain level of risk so as to reach that Optimum benefit.

If all/most Rational Investors view a stock now for instance, as risky, they will expect individually, a certain level of returns but since they are all Rational, that level will probably be the same across the board.

5 0
3 years ago
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