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Reptile [31]
3 years ago
7

Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives.

The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost Activity Base Procurement $321,400 Number of purchase orders Scheduling $209,300 Number of production orders Materials handling $471,600 Number of moves Product development $797,200 Number of engineering changes Production $1,463,600 Machine hours Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Changes Machine Hours Number of Units Disk drives 3,810 430 1,380 15 1,900 2,000 Tape drives 2,100 175 650 7 9,300 3,800 Wire drives 11,500 990 4,500 20 11,700 2,700 Determine the activity rate for procurement per purchase order.
Business
1 answer:
dem82 [27]3 years ago
7 0

Answer:

803.5 Activity rate

Explanation:

<u>Determine the activity rate for procurement per purchase order.</u>

321,400 Procurement cost

430 Number of purchase order

Any other data is irrelevant, we only need procurement cost and the number of purchase order.

cost\div driver = rate

321,400 / 430 = 803.5

803.5 Activity rate

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$739.72 ≈  739.72

Explanation:

we can use an excel spreadsheet and the present value function to calculate the expected price of each bond ⇒ =PV(rate,nper,pmt,fv,[type])

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3 years ago
. Distinguish between the short run and the long run as they relate to macroeconomics. Why is the distinction important
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Answer:

1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.

2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.  

Explanation:

Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.

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The determinants are ;

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Consumer expectations- When consumers expect price of goods to be high, demand curve would shift to the right and vice versa.

Price of related goods- An increase in price of related or complementary good would cause the demand to either shift to the left or right.

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