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Elenna [48]
3 years ago
5

BlendIn, Inc. makes protective covers for small kitchen appliances. The firm currently produces six models, each of which is red

esigned once per year. All six models are produced on the same equipment, but this equipment needs extensive recalibration and reengineering each time the firm starts a new production run. Based on this information, the type of overhead costing system best suited for BlendIn is a(n):
Business
1 answer:
Softa [21]3 years ago
7 0

Answer:

Activity-based costing system using multiple basis for allocation

Explanation:

Activity - based costing -

It is a costing method which allocates the indirect and overhead costs for the goods and services , is known as Activity - based costing .

This method helps to determine the relationship between the overhead activities and cost , and the products manufactured , via allocating the indirect costs to the product less randomly than the normal costing method .

hence , from the question information ,

The type of overhead costing system most appropriate for the Blendln is Activity-based costing system using multiple basis for allocation .

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m_a_m_a [10]

Answer:

Instructions are below.

Explanation:

Giving the following information:

You expect to receive a payment of $600 one year from now.

A) Discount rate= 6%

We need to use the following formula:

PV= FV/(1+i)^n

PV= 600 / (1.06)= $566.04

B) Discount rate= 7%

PV= 600 / (1.07)= $560.75

C) The future value of a certain cash flow declines when the interest rate (discount rate) increases or "n" (time) increases.

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3 years ago
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At the beginning of the current accounting period Blazer Company had a $40,000 balance in its Finished Goods Inventory account.
Salsk061 [2.6K]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

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To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

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