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alexandr402 [8]
3 years ago
6

A company has two products: A1 and B2. It uses activity-based costing and has prepared the following analysis showing budgeted c

ost and activity for each of its three activity cost pools: Budgeted Activity Activity Cost Pool Budgeted Cost Product A1 Product B2 Activity 1 $ 63,000 2,700 6,300 Activity 2 $ 78,000 3,740 6,260 Activity 3 $ 110,000 8,700 2,300 Annual production and sales level of Product A1 is 9,980 units, and the annual production and sales level of Product B2 is 23,810 units. What is the approximate overhead cost per unit of Product A1 under activity-based costing?
Business
1 answer:
Vesnalui [34]3 years ago
5 0

Answer:

The overhead cost per unit of product A1 under activity based costing is $13.53

Explanation:

Activity 1 allocated to product A1 line: $63,000*2,700/9,000= $18,900

Activity 2 allocated to product A1 line: $78,000*3,740/10,000= $29,172

Activity 3 allocated to product A1 line: $110,000*8,700/11,000= $87,000

Total overhead allocated to product A1= $18,900+$29,172+$87,000= $135,072

Overhead per unit of product A1: 135,072/9,980= $13.53

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Mid-South Auto Leasing leases vehicles to consumers. The attraction to customers is that the company can offer competitive price
borishaifa [10]

Answer:

1) sales revenue  61,995.26

2) lease receivables 61,995.26 debit

        sales revenue  61,995.26 credit

 cost of good sold 56,000 debit

  truck inventory      56,000 credit

truck   61,995.26 debit

lease payable  61,995.26 credit

3)

\left[\begin{array}{cccccc}$Time&$Beg&$Cuota&$Interes&$Amort&$Ending\\0&61995.26&7000&&7000&54995.26\\1&54995.26&7000&1649.86&5350.14&49645.12\\2&49645.12&7000&1489.35&5510.65&44134.47\\3&44134.47&7000&1324.03&5675.97&38458.5\\4&38458.5&7000&1153.76&5846.24&32612.26\\5&32612.26&7000&978.37&6021.63&26590.63\\6&26590.63&7000&797.72&6202.28&20388.35\\7&20388.35&21000&611.65&20388.35&0\end{array}\right]

For the lessor will be interest revenue while interest expense for the lessee

4)

cash 7,000 debit

  interest revenue 1,649.86 credit

 lease receivables 5,510.65 credit

--entry for the lessor--

lease payable      5,510.65 debit

interest expense 1,649.86 debit

        cash                    7,000 credit

--entry for the lessee--

5)

cash 21,000 debit

  interest revenue 611.65 credit

 lease receivables 20,388.35 credit

--entry for the lessor--

lease payable      20,388.35 debit

interest expense        611.65 debit

        cash                        21,000 credit

--entry for the lessee--

Explanation:

1) the sales revenue will be the present value of all the lease payments and the residual value of the asset or the bargain-option

Present Value of Annuity-due

C \times \displaystyle \frac{1-(1+r)^{-time} }{rate}(1+rate) = PV\\

C 7,000

time 8

rate 0.03

7000 \times \displaystyle \frac{1-(1+0.03)^{-8} }{0.03}(1+0.03) = PV\\

PV $50,611.9807

PRESENT VALUE OF LUMP SUM

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  14,000.00

time   7.00

rate  0.03

\frac{14000}{(1 + 0.03)^{7} } = PV  

PV   11,383.28

PV of the lease: 50,611.98 + 11,051.73 = 61,995.26

2) the lessor will have a lease receivable while the lessee has a lease payable.

\left[\begin{array}{cccccc}$Time&$Beg&$Cuota&$Interes&$Amort&$Ending\\0&61995.26&7000&&7000&54995.26\\1&54995.26&7000&1649.86&5350.14&49645.12\\2&49645.12&7000&1489.35&5510.65&44134.47\\3&44134.47&7000&1324.03&5675.97&38458.5\\4&38458.5&7000&1153.76&5846.24&32612.26\\5&32612.26&7000&978.37&6021.63&26590.63\\6&26590.63&7000&797.72&6202.28&20388.35\\7&20388.35&21000&611.65&20388.35&0\end{array}\right]

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The best way to learn what people will like or dislike abought your products
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To bring in a test group to try out the products before they are released to the general public so that you can work out any issues that the product may contain.
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pantera1 [17]

Answer:

1.41 Approx

Explanation:

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Beta of portfolio = Respective betas × Respective investment weights

1.30 = (0.14 × 0.81) + (0.5  × 1.36) + (0.36 ×  beta of the Stock T)

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beta of the Stock T = (1.3 - 0.7934) ÷ 0.36

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Marrrta [24]

Answer:

D. The supply of a product increases as its price increases

Explanation:

Supply is the volume of a product or a service that sellers are willing to sell in the market at a stated price.  The law of supply explains the relationship between price and the quantity suppliers are willing to sell.

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8 0
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One year ago, you invested $3,250.00. Today, it is worth $4,000.00. What rate of interest did you earn
mojhsa [17]

Answer:

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R = 1.230769 - 1

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