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3 years ago

During the ____________step in activity-based costing, overhead costs in each activity cost pool are assigned to products.

Business

1 answer:

KonstantinChe [14]3 years ago

5 0

Answer:

d. fourth

Explanation:

Activity-based costing involves the following steps:

-First step: establish the activities that use resources and assign the costs to them.

-Second step: identify what causes the costs in each activity and this would be the allocation base.

-Third step: find an activity rate.

-Fourth step: assign costs to the products according to the activity usage by the product.

According to this, the answer is that during the fourth step in activity-based costing, overhead costs in each activity cost pool are assigned to products.

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Dan plans to fund his individual retirement account (IRA) with the maximum contribution of $2,000 at the end of each year for th

slamgirl [31]

Answer:

$31,874

Explanation:

In this question, we are asked to calculate how much Dan would have at the end of the 10th year if he contributes a maximum of $2000 at the end of each year for the next 10 years and earns 10% on his contribution.

This kind of problem can be solved using the annuity formula I.e the annuity formula can be used to calculate the accumulated value at the end of the 10th year.

Annuity refers to a series of payment that is made at equal time intervals

Mathematically, the future value of an annuity =

Annuity payment * [(1 + r)^n - 1]/r

Where r is the discount rate and n is the number of years.

In this question, we have identified the following to be used in the formula.

Annuity payment = the maximum payable contribution per year = $2000

Number of years = 10 years

The discount rate = 10% = 10/100 = 0.1

We plug these values in the formula:

Future accumulated value = 2,000 * [(1+0.1)^10 - 1]/0.1 = 2,000 * [(1+0.1)^10 - 1)]/0.1

= 2,000 * (2.5937-1)/0.1 = 2,000 * (1.5937)/0.1 = 2,000 * 15.937 = $31,874

The accumulated value of the annuity payment is $31,874

8 0

2 years ago

A stock is expected to pay a $0.45 dividend at the end of the year (D1 = 0.45). The dividend is expected to grow at a constant r

irinina [24]

Answer:

d. $ 9.52

Explanation:

The computation of the expected price of the stock 10 years from today is shown below:

= Dividend at year 10 ÷ (Required rate of return - growth rate)

where,

Dividend at year 10 is

= $0.45 × (1 + 0.04)^10

= $0.67

So, the expected price is

= $0.67 ÷ (11% - 4%)

= $9.52

By applying the formula we can easily find out the expected price of the stock

8 0

3 years ago

Carducci corporation reported net sales of $3.6 million, average total assets of $1.1 million, and net income of $847,000. The t

Marrrta [24]

CALCULATE TOTAL ASSETS TURNOVER :

TOTAL ASSETS TURNOVER = NET SALES/AVERAGE TOTAL ASSETS

= 3.6/1.1

TOTAL ASSETS TURNOVER = 3.27 TIMES

In financial accounting, an asset is a resource owned or controlled by a company or entity. It is anything that can be used to create positive economic value. Assets represent the value of an asset that can be converted into cash.

An asset is a resource of economic value owned or controlled by an individual, business, or state with the expectation of providing future benefits. Assets are reported on the company's balance sheet. They are classified as short-term, fixed, financial, and intangible.

Despite all this, a car is an asset even for less than what you paid for it because it can be quickly turned into cash on the market. That alone, by definition, makes it an asset. It's these additional costs and constant depreciation that make a car worthless.

Learn more about ASSETS here

brainly.com/question/11209470

#SPJ4

4 0

11 months ago

If price is less than the average variable cost of a representative firm in a competitive industry in short-run:_________

IceJOKER [234]

Answer:

I think the answer is "D"

Explanation:

hope it helps :)

3 0

2 years ago

You are asked to recommend whether a firm should make or purchase product A. The following are data concerning the two options.

Alexxandr [17]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

For the purchase option:

Buying price= $22 per unit.

For the make option:

Weekly rental payment of $30,800

The firm also has to hire five operators to help make product A. Each operator works eight hours per day, five days per week at the rate of $14 per hour.

The material cost for the make option is $15 per unit of product A.

A) We need to find the number of units that makes the unitary fixed costs= $7

Weekly rental= 30800

Direct labor= ($14*8 hours*5workes)*5 days= 2800

Total fixed costs= $33,600

Unitary fixed costs= total fixed costs/ Q

7=33600/Q

Q= 4800 units

B) Now Q= 6600

Buy= 6600*22= $145,200

Make= 6600*15 + 33600= $132,600

3 0

3 years ago