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NNADVOKAT [17]
3 years ago
7

The following information is provided for the Moon Antenna, Corp., which manufactures two products: Lo-Gain antennas and Hi-Gain

antennas for use in remote areas EEB (Click the icon to view the information.) Activity Cost Allocation Base 58,000 Number of setups 30,000 Number of machine hours 88,000 Set up Machine maintenance Total indirect manufacturing costs Direct labor hours Number of setups Number of machine hours Lo-Gain 1,600 25 3,900 Hi-Gain 400 25 2,100 Total 2,000 50 6,000 Moon plans to produce 225 Lo-Gain antennas and 275 units of Hi-Gain antennas Requirements 1. Compute the ABC indirect manufacturing cost per unit for each product. 2. Compute the indirect manufacturing cost per unit using direct labor hours for the traditional single plantwide allocation rate system
Requirement 1. Compute the ABC indirect manufacturing cost per unit for each product. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rateor each activity. Round your answers to the nearest cent.) Predetermined OH allocation rate Setup Machine maintenance Next, select the formula to allocate overhead (OH) costs Allocated mfg. overhead costs Compute the total activity-based costs allocated to Lo-Gain antennas, and then compute the cost per unit for Lo-Gain antennas. Finally, compute the total activity-based costs allocated to Hi-Gain antennas then compute the cost per unit for Hi-Gain antennas. (Round the cost per unit to the nearest cent.) Lo-Gain Hi-Gain Setup Machine maintenance Total activity-based costs Number of units Activity-based cost per unit
Requirement 2. Compute the indirect manufacturing cost per unit using direct labor hours from the single-allocation-base system. First, compute the predetermined overhead (OH) allocation rate. (Round your answer to the nearest cent.) The predetermined overhead (OH) allocation rate is S Compute the manufacturing cost allocated to Lo-Gain antennas, and then compute the indirect manufacturing cost per unit for Lo-Gain antennas. Then, compute the manufacturing cost allocated to Hi-Gain antennas and the indirect manufacturing cost per unit for Lo-Gain Lo-Gain Hi-Gain
Total indirect costs allocated Number of units Indirect cost per unit

Business
1 answer:
marissa [1.9K]3 years ago
6 0

Full question attached

Answer and Explanation:

Full answer and explanation attached

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Scrat [10]

Answer:

E) Only Machine B is acceptable

Explanation:

The computation is shown below;

<u>For Machine A      </u>

<u>Year     Cash Flow     PV Factor     PV of Cash Flow   </u>

0          -$9,000               1              -$9,000    

1            $5,000          0.8696         $4,348    

2           $4,000            0.761            $3,044    

3            $2,000           0.6575       $1,315    

NPV                                                 -$293    

<u>Machine B      </u>

<u>Year      Cash Flow      PV Factor       PV of Cash Flow </u>  

0          -$9000                    1               -$9,000    

1            $1,000                  0.8696       $869.6    

2           $2,000                  0.761          $1,522    

3            $11,000                 0.6575       $7,232.5    

NPV                                                         $624.1  

As we can see that from the above calculations that the npv for machine A is in negative so the same should not be accepted but for machine the npv is in positive so the same should be accepted  

4 0
3 years ago
During 2020, XYZ Corporation had 1,000,000 shares of common stock and 50,000 shares of 6% preferred stock outstanding. The prefe
motikmotik

Answer:

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a. Basic earnings per share = $6,000,000/1,000,000

= $6.00

b. Diluted earnings per share = $6,000,000/1,010,500

= $5.94

Explanation:

a) Data and Calculations:

Outstanding shares December 31, 2020:

Common stock = 1,000,000 shares

6% Preferred stock = 50,000 shares

Dividends declared:

Preferred $200,000

Common $400,000

Issue of shares during the year:

6% Convertible Bonds = $2,100,000

Each $1,000 bond convertible into = 5 common shares

= $2,100,000/$1,000 * 5 = 10,500

Net income for the year = $6,200,000

Preferred dividend =              (200,000)

Available for common stock = $6,000,000 ($6,200,000 - $200,000)

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4 0
3 years ago
Which of the following steps of the training design process involves person and task analysis? a. developing an evaluation plan
Alinara [238K]

Answer:

The correct answer is: b. conducting needs assessment.

Explanation:

Needs assessment often begins with a rigorous analysis of existing processes. This process will identify deficiencies and potential areas for improvement. Having identified the improvement needs, an analysis of the available technology, including an investigation of the methods used by other authorities, may indicate that there are one or several technological solutions to those needs.

At this stage it is possible to follow different consultation courses simultaneously:

Technical advisors can determine if the proposed technological solution is appropriate for the purpose set.

Financial advisors can estimate its cost and determine if it is affordable (see Affordable Prices and Budgeting).

Project administrators can determine if there is support within the electoral body for incorporation.

Senior officers may consult interested parties regarding the proposed change, if appropriate.

Alternative solutions can be explored to determine if there are less expensive or more effective options - not necessarily all solutions must be technological.

At the end of the needs assessment, there is likely to be a solid understanding of the need for change and a clear indication of the most appropriate option to meet the needs. This information can be used to prepare the next phase of the project development and implementation strategy, the business plan.

4 0
3 years ago
During its first month of operations, Purrfect Pets purchased 6,100 bags of dog food at a cost of $6 a bag and sold all 6,100 ba
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Answer:

Gross Profit     $23720  

Gross profit percentage 39.323%

Explanation:

The discounts allowed are subtracted from the sales .Also the sales allowances are deducted in the income statement.

Purrfect Pets

Sales units 6100

Sales Price $10

Sales                                                                          $ 24000

Less Sales Discounts (2% of 10) *2400                       (480)

Sales                                                                           $ 23520

Add Sales without discount (6100-2400)*10              $37000

Total Sales                                                                   $ 60520

Less Sales Allowances                                                 (200)

Net Sales                                                                      $ 60320

Less Purchases (6100* 6)                                            $ 36600

Gross Profit                                                                     $23720                  

Gross profit percentage= Gross Profit /Sales *100 %

Gross profit percentage= $23720    / $ 60320* 100%= 39.323%

                                         

3 0
3 years ago
Portfolio A has a beta of 1.0 and an expected return of 22%. Portfolio B has a beta of 2.0 and an expected return of 17%. The ri
ArbitrLikvidat [17]

Answer:

Yes, there is an opportunity.

Explanation:

Beta is an indicator of the risk of any portfolio.  The higher beta, the greater the risk. Therefore, the expected return of that portfolio should be higher.

Portfolio B has a higher Beta than portfolio A, but a lower expected return, so we say that the portfolio B is more expensive than it's value. So, there is an opportunity for arbitrage. You should sell the protfolio B and buy the portfolio A, and win the difference between both operations, with no risk.

4 0
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