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
vredina [299]
2 years ago
12

Chinchilla, Inc. uses activity-based costing. The company produces X and Y. Information relating to the two products is as follo

ws: X Y Units produced 38,000 50,000 Machine-hours 15,000 17,000 Direct labor-hours 16,000 24,000 Materials handling (number of moves) 8,000 12,000 Setups 10,000 14,000 The following costs are reported: Materials handling $320,000 Labor-related overhead 560,000 Setups 480,000 Labor-related overhead costs assigned to product X are: Select one: A. $224,000 B. $576,000 C. $464,000 D. $384,000
Business
1 answer:
Sonbull [250]2 years ago
6 0

Answer:

Labor related overhead of X = $224,000

Explanation:

Given that

Direct labor hours of X = $16,000

Direct labor hours of Y = $24,000

Labor-related overhead = $560,000

The calculation of given question is below:-

Direct labor hours of X and Y = $16,000 + $24,000

= 40,000

So, the activity cost of Direct labor hours

= $560,000 ÷ $40,000

= 14

Labor related overhead of X

= $16,000 × 14

= $224,000

You might be interested in
In a periodic inventory system, which of the following accounts may be closed by debiting Cost of Goods Sold? a) Sales, Inventor
Svetradugi [14.3K]

Answer:

c) Inventory (beginning) and Purchases.

Explanation:

When you use perpetual inventory system, you must record cost of goods sold every time you make a sale. But when you use a periodic inventory system, you close cost of goods sold with merchandise inventory account at the end of the period.

beginning inventory + purchases - ending inventory = cost of goods sold

6 0
2 years ago
we would expect a(n) (fill in the blank) firm to have the highest inventory, while a(n) (fill in the blank) firm should have the
dexar [7]

An industry's overall strong sales or effective operations can be indicated by high inventory turnover. Lead time describes the amount of time needed to perform a procedure from start to finish.

<h3>What are the benefits of lead time in business?</h3>

In many sectors, lead time is a crucial statistic. To prevent a supply delay, which could have a severe impact on customer satisfaction, contractor dependencies, and cost efficiency in general, it is essential to calculate lead times accurately and consistently.

<h3>Why is the inventory so high?</h3>

It typically denotes some sort of mismanagement of stock demand as a result of things like excessive purchases, incorrect predictions, canceled orders, a poor economy, unexpected weather changes, uncertain consumer demand, or late or early delivery of goods.

To know more about inventory visit:-

brainly.com/question/14184995

#SPJ4

5 0
1 year ago
Proposal preparation is completed by Select one: a. a large team for a simple project. b. a single person when proposing a multi
castortr0y [4]

Answer:

d. one or more people depending upon the requirements of the proposal.

Explanation:

A proposal can be defined as a plan or suggestion which are formally written to present an idea to an individual or organization for consideration.

Proposal preparation is completed by one or more people depending upon the requirements of the proposal.

In order to prepare a good proposal, it is very important to make it as formal as possible. The content of the proposal is strictly based on what the initiators wants to do or achieve, as well as how they wish to achieve.

<em>Hence, a proposal is only prepared with regard to the requirements of the proposal and the number of people involved. Proposals are usually used by project managers or contractors seeking for a contract</em>.

7 0
3 years ago
Locke Inc has a machine that installs tires. The machine is now in need of repair. The machine originally cost $10,000 and the r
Phoenix [80]

Answer: William should replace the machine with a new one because over that 2 year span he will be losing less money, if he were to repair he would lose more money.

Explanation:

5 0
2 years ago
When potential real GDP is equal to​ 70, this economy is in recession . The amount of the shortfall in planned aggregate expendi
leonid [27]

Answer: Option (D) is correct.

Explanation:

If the potential GDP is 70 and economy is in recession. Potential GDP is the GDP of an economy which can be achieved with the best utilization of economy's resources.

The amount of the shortfall in planned aggregate expenditure is equal to the vertical distance between the 45 degree line and the AE = Y, at a level of potential real GDP.

This is also shown by an arrow in the diagram.

4 0
3 years ago
Other questions:
  • Hilton Hotels customizes rooms and lobbies according to location. Northeastern hotels are sleeker and more cosmopolitan. Southwe
    15·1 answer
  • Bridgeport Company had the following stockholders’ equity as of January 1, 2017.Common stock, $5 par value, 18,400 shares issued
    15·1 answer
  • Departmentalizing decisions increases the risk of __________ leading to a poor decision.
    13·2 answers
  • Outdoor luggage inc. makes high-end hard-sided luggage for sports equipment. data concerning three of the company's most popular
    13·1 answer
  • What are the two facets of a mode of production according to E.K. Hunt? Define them.
    7·1 answer
  • Fern Corporation manufacturers a single product that has a selling price of $25.00 per unit. Fixed expenses total $50,000 per ye
    8·1 answer
  • On January 1, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This investee had assets with a
    9·1 answer
  • Vincent and Jean are two cooks who work in a village. Each of them can either bake cakes or make pizzas. Every ingredient is rea
    6·1 answer
  • Which of the following changes in the loanable funds market will decrease the equilibrium real interest rate?
    7·1 answer
  • g 7. Problems and Applications Q3 Gilberto loves watching Downton Abbey on his local public TV station, but he never sends any m
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!