Answer:
4.8
Explanation:
The formular to find the receivable turn over ratio is
= net credit sales/average.
account receivable
The values given are:
Net credit sales for the year=$252,000
Company account receivable balance at the beginning of the year= $48,000
Company account receivable balance at the end of the year= $58,000
To find the average account receivable we will sum both balance and divide by 2
= 48,000+58,000/2
= 106,000/2
= $53,000
Average account receivable is $53,000
Therefore, receivable turn over ratio is
= $252,000/$53,000
= 4.8
Thus, Beverage international's receivables turn over ratio is 4.8
Answer:
voluntary contribution $97150
Explanation:
data provided:
tax rate: 2.3%
reserve ratio- 8-10%
average payroll = $971,500
Assume voluntary contribution ="X
"
From the information given in the question we have
%
here we have taken max reserve ratio i.e. 10%
= $97150
we know that, from the question present contribution minus benefit is equal to $93,500
hence, extra contribution = 97150 - 93500 = $3650
extra contribution = $3650
Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.
<h3>What is multinational enterprise?</h3>
Multinational enterprise are International organization or cooperation with two or more countries in the chain of operation.
They also involve in production of goods and services.
Therefore, Multinational enterprises that manufacture commodity products that focus on cost leadership tend to use a business level strategy.
Learn more on cooperation here
brainly.com/question/1669538
Answer:
Explanation:
Overhead allocated to Product X = Department A overhead cost+ Department B overhead cost
= $51,157.84+$5755.62=
= $56,913
Calculations:
Using a single-driver allocation system, with direct labor hours as the driver, how much overhead was allocated to Product X:
Department A's Overhead rate per labor hour = Overhead costs/Total direct labor hours = $4300000/60000 hours = $71.66 per hour
Overhead (Department A) = $71.66per hour*724 labor hours
= $51,157.84
Department B's Overhead rate per labor hour = Overhead costs/Total direct labor hours = $2200000/60000 hours = $36.66 per hour
Overhead (Department A) = $36.66 per hour*157 labor hours
= $5755.62
