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Bingel [31]
3 years ago
8

If a company adds a new product line to its existing​ portfolio, it has increased its___________.

Business
1 answer:
astraxan [27]3 years ago
8 0

Answer: Increased it's product mix width.

Explanation:

The product mix width of a company is the number of product lines a company has for sale in the market.

The product line of a company are individual but related products a company has for sale.

An example of product lines of a company could be a company producing: refrigerators, air conditioners and stabilizers. The company in this example would have a product mix width of three.

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EcoFabrics has budgeted overhead costs of $1,162,350. It has allocated overhead on a plantwide basis to its two products (wool a
alina1380 [7]

Answer:

EcoFabrics

1. Overhead Rates using activity-based costing:

Cutting = $1.80 per machine hour

Design = $390 per setup

2. Allocation of overhead:

                                  Wool                            Cotton

Cutting                  $221,400                     $221,400

Design                    479,700                       239,850

Total allocated      $701,100                      $461,250

3. Overhead rate using the traditional approach:

Predetermined overhead rate = $2.10

4. Allocation of overhead:

                               Wool            Cotton

Total allocated   $581,175        $581,175

Explanation:

a) Data and Calculations:

Budgeted overhead costs = $1,162,350

Estimated direct labor hours = 553,500

Activity Cost      Cost Drivers   Overhead Costs   Wool   Cotton     Total

Pools                  

Cutting               Machine hours     $442,800   123,000 123,000 246,000

Design                Number of setups  719,550        1,230         615      1,845

1. Overhead Rates using activity-based costing:

Cutting = $1.80 ($442,800/246,000) per machine hour

Design = $390 ($719,550/1,845) per setup

2. Allocation of overhead:

                               Wool                                     Cotton

Cutting                  $221,400 ($1.80 * 123,000)  $221,400 ($1.80 * 123,000)

Design                    479,700 ($390 * 1,230)        239,850 ($390 * 615)

Total allocated      $701,100                               $461,250

3. Overhead rate using the traditional approach:

Predetermined overhead rate = $2.10 ($1,162,350/553,500)

4. Allocation of overhead:

                               Wool                                     Cotton

Total allocated   $581,175 ($1,162,350 * 50%)   $581,175 ($1,162,350 * 50%)

4 0
2 years ago
An important use of a hot stick is to_____?
jekas [21]
Protect them from electric shock
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7 0
2 years ago
Tara has found a CTSO she’s interested in joining. How can Tara become a member of the CTSO? Tara can become a member of the CTS
ICE Princess25 [194]

membership fee. should be correct

3 0
3 years ago
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Rachel's Designs has 1,100 shares of 7%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining
gladu [14]

Answer:

The dividend payable to the cumulative preferred stock holers in 2021 is $11,550 while the amount payable to common stock holders is $1,450.

Explanation:

Cumulative preferred stock dividends accrue and becomes payable when the reporting entity has favourable cash flows. Rachael Designs plans to make payment of $13,000 dividends in 2021. As the annual cumulative preferred dividend is $3,850 (1,100 shares x $50 x 7%), the amount due over three years will be $3,850 x 3 whcih is $11,550. Thus, out of the proposed cash outflow of $13,000, the amount of $11,550 will be paid to cumulative preferred stock holders while only $1,450 will be paid to the common stock holders.

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You visit a tropical island that has only four goods in its economy—oranges, pineapples, coconuts, and bananas. there is no mone
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