In the formula Y = a + b X, X represents the estimated total amount of the allocation base.
What is total amount of allocation base?
Cost accounting assigns overhead expenses using an allocation base. A quantity, such as the number of machine hours utilized, kWh consumed, or occupied square footage, might serve as an allocation base.
What are overhead expenses?
Rent, insurance, and utility charges are examples of overhead expenditures that go into running a business. Operating costs are necessary for the firm to function and cannot be avoided. Regular reviews of overhead costs are necessary to improve profitability.
What is cost accounting?
Assigning costs to cost items, which often comprise a corporation's goods, services, and other activities involving the company, is the process of cost accounting. Cost accounting is beneficial since it can show a company where its money is going, how much it makes, and where it is losing money.
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Answer:
Total= 36,800 pounds
Explanation:
Giving the following information:
Sales (units ) - Production (units):
May: 20,000 - 19,000
June: 18,000 - 16,000
Two pounds of material is required for each finished unit. The inventory of materials at the end of each month should equal 20% of the following month's production needs.
Purchases for May= production for the month + desired ending inventory - beginning inventory
Production= 19,000*2 pounds= 38,000 pounds
Desired ending inventory= (16,000*2)*0.2= 6,400 pounds
Beginning inventory= (38,000*0.2)= (7,600)
Total= 36,800 pounds
Answer:
The correct answer is: Adjouring.
Explanation:
To begin with, <em>the model of group development</em> was first proposed by Bruce Tuckman in 1965 and whose main purpose is to focus on the stages that a team must go through in order to accomplish an ultimate goal. Moreover, the the model included 5 different stages: forming, storming, norming, performing and adjouring.
To continue, the last of the stages, the adjouring stage, involves the situation where the team have already accomplished its ultimate goal and must now split in order to every member to be reassigned to other teams and new tasks.
To sum up, <u>Alfred, Mario and Lydia are in the adjouring stage of team development</u> due to the fact that they had already been together for so long and must go on in another teams with another goals.
Answer: 17.9%
Explanation:
From the question, a stock was bought one year ago for $48.28 per share and sold today for $55.92 per share and also paid a $1.38 per share dividend today.
The realized return will be calculated as:
Po = (P1 + D1) ÷ (1+Re)
48.28 = (55.92 + 1)/(1 + Re)
48.28 = 56.92/(1 + Re)
Cross multiply
48.28 + 48.28Re = 56.92
48.28Re = 56.92 - 48.28
48.28Re = 8.64
Re = 8.64/48.28
Re = 0.179 = 17.9%
It will take me at least or approximately 7 months to accumulate a balance of $1000 in my account
