All categories

3 years ago

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

You plan on supplementing your income. you would like to withdraw a semiannual salary of $6,951.20 from an account paying 1.75%

ValentinkaMS [17]

We are given with the data: A = <span>$6,951.20 per semi-annum that is $13902.4 per annum, i equal to 1.75% compounded semi-annually, and asked for P or the present worth to maintain the withdrawal for 15 years.
the formula to be used is attached in the file (third one). substitute the i = 0.0175, n = 30, A = </span>$13902.4 and get P.

5 0

3 years ago

Describe the origins, purposes, and practices of the "long drive" and the "open range" cattle industry. What ended this brief bu

Snezhnost [94]

Answer:

The cattle industry began in the far west and furnished the great plain areas with livestock. The cattle industry progressively lost its relevance because of the excessive westward expansion, resulting in competition for the industry. There was too much cattle, but not enough food and land to sustain such great populations of livestock.

4 0

3 years ago

On May 1st, Alpha Oil Company sends an electronic offer via the "cloud" to Zeno Refining Co. as follows: "Offer to sell 10,000 b

Softa [21]

Answer:

Alpha will win because there was no valid contract.

Explanation:

Alpha made a firm offer to Zeno, but the offer clearly stated that it was valid until July 1st and Zeno didn't accept the offer. Time limits matter, and Zeno didn't accept during the valid time limit. Zeno's acceptance can be considered a counteroffer but Alpha can decide to take it or not. Since Alpha didn't consider it a good offer then it can reject it. An offer does not constitute a contract, it must be accepted in order for a contract to exist and be enforceable.

7 0

3 years ago

Are some products too dangerous to be marketed in any circumstance

xxMikexx [17]

Answer:

Yes because if they are dangerous then they house nt be in market!!!

Explanation:

8 0

4 years ago

Carl is evaluating a stock that just paid a dividend of $2.00 per share. He expects this dividend to grow by 4% per year, and he

artcher [175]

Answer:

$29.71

Explanation:

Value of Stock can be determine by Dividend Valuation method.

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is determined by calculating present value of future dividend payment.

In this question the Dividend payment is $2, growth rate is 4% and required rate of return is 11%.

Formula for Valuation:

Value of Share = Dividend (1 + g) / (Rate of return - Growth rate)

Value of Share = $2.00 (1 + 4%) / (11% - 4%)

Value of Share = $2.00 (1.04) / 7%

Value of Share = $29.71

6 0

3 years ago