1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
uranmaximum [27]
3 years ago
8

A company uses activity-based costing to determine the costs of its three products: a, b, and

Business
1 answer:
Keith_Richards [23]3 years ago
7 0

Answer:

$3.10 ; $2.10 and $14.20

Explanation:

The computation of the activity rates is shown below:

For Activity 1

= Budgeted cost ÷ Total budgeted activity of cost driver

= $94,550 ÷ (18,200 + 8,100 + 4,200)

= $94,550 ÷ 30,500

= $3.10

For Activity 2

= Budgeted cost ÷ Total budgeted activity of cost driver

= $53,550 ÷ (7,100 + 13,200 + 5,200)

= $53,550 ÷ 25,500

= $2.10

For Activity 3

= Budgeted cost ÷ Total budgeted activity of cost driver

= $59,995 ÷ (1,175 + 1,000 + 2,050)

= $59,995 ÷ 4,225

= $14.20

You might be interested in
Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets
nadya68 [22]

Answer:

$ 49,640

Explanation:

The question is asking for PLANNING BUDGET

Planning Budget does not in anyway mean flexible budget.

So the quantity of units for Planning Budget would be what the company budgeted that is 7,300 units

The next step in the solution to the question will be to know the cost per unit. For Direct Labor the price given is $ 6.80 per unit

Total Direct Labor for May in the planning budget would be 7,300 X 6.80 = $ 49,640

6 0
3 years ago
You have just received a windfall from an investment you made in a​ friend's business. He will be paying you at the end of this​
ohaa [14]

Answer:

a. $80,318.70

b. $97,568.57

Explanation:

Here is the full question :

You have just received a windfall from an investment you made in a​ friend's business. She will be paying you $ 15 comma 555 at the end of this​ year, $ 31 comma 110 at the end of next​ year, and $ 46 comma 665 at the end of the year after that​ (three years from​ today). The interest rate is 6.7 % per year. a. What is the present value of your​ windfall? b. What is the future value of your windfall in three years​ (on the date of the last​ payment)?

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = $ 15,555

Cash flow in year 2 = $31,110

Cash flow in year 3 =  $ 46,665

I = 6.7%

Present value = $80,318.70

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

$80,318.70(1.067)^3 = $97,568.57

3 0
3 years ago
The largest amount of money the government lays out is for the transfer program, _____. And its largest expenditure is for _____
serg [7]
The largest amount of money the government lays out is for the transfer program, Social Security. And its largest expenditure is for national defense. America is quite known for spending a lot of money on defending itself from any possible threat. 
5 0
3 years ago
Read 2 more answers
determine the present value now of an investment of $3,000 made one year from now and an additional $3,000 made two years from n
GrogVix [38]

The present value of the investment is $5,658.29.

The present value is the value of an investment today. It is determined by adding the sum of the discounted cash flows of the investment.

Present value of year 1 cash flows= $3000 / 1.04 = $2,884.62

Present value of year 2 cash flows=$3000 / 1.04² = $2,773.67

Sum of the discounted cash flows = $2,773.67 + $2,884.62 = $5,658.29

A similar question was solved here: brainly.com/question/9641711?referrer=searchResults

3 0
2 years ago
Eve and her three college friends enjoy perfumes. As a special gift to each of them last holiday season, she found a way to make
Ksivusya [100]

Answer:

B. when you successfully fill a market need, you can make money.

C. The Internet is a way to distribute just about anything.

5 0
2 years ago
Read 2 more answers
Other questions:
  • 3. What are you doing to maxiumize your profits at this time?​
    12·2 answers
  • The Window Store will have a value of $139,000 if the economy does well this coming year and a value of $121,000 if the economy
    8·1 answer
  • Camilo and Isa have three children all under the age of ten. The two youngest children, who are three and five years old, attend
    7·1 answer
  • Botox Facial Care had earnings after taxes of $340,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $74
    14·1 answer
  • Present value of dividends: Fresno Corp. is a fast-growing company whose management expects it to grow at a rate of 30 percent o
    13·1 answer
  • What happens to price when the cost of resources rise or fall?
    13·1 answer
  • The customer is covered by a company defined benefit plan that will pay about $40,000 per year upon retirement at age 70. This c
    7·1 answer
  • On May 10, 2020, Cullumber Co. enters into a contract to deliver a product to Greig Inc. on June 15, 2020. Greig agrees to pay t
    5·1 answer
  • As a result of technological innovation, automated water pumps are being installed on the farms of Kenyan tomato farmers. As a r
    6·1 answer
  • You invest $500 at 10 percent interest per annum. at the end of 2 years with simple interest you will have ____ and with compoun
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!