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3 years ago

Activities Costs Cost Driver Account inquiry (number of hours) $61,000 2,400 hours

Business

2 answers:

11Alexandr11 [23.1K]3 years ago

6 0

Answer:

A. $25.42

Explanation:

Calculations:

The cost per hour for the account inquiry is calculated as by using below formula;

Total cost of Account Inquiry ÷ Total Hours of Account Inquiry.

$61,000 ÷ 2,400 = $25.42 per hour.

Dafna11 [192]3 years ago

6 0

Answer:

a) 25.41 per hour

Explanation:

Under activity-based costing method, overheads are charged to units produced using cost drivers unlike the traditional absorption costing where overhead are charged using volume-related bases only like direct labour hours.

Cost drivers are the most important factors that cause a change in the amount of overhead incurred. For example, an appropriate cost driver for account inquiry overhead would be number of hours . And this would be used to charged overhead accordingly

Activity Overheads rate = Activity overhead / number of cost drivers

Account inquiry overhead per hour

=$61,000 /2,400 hours

 = 25.41 per hour

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Answer:

The number of units to be produced that would appear on the company’s production budget for the month of November: 395,000 units

Explanation:

Forrest Company has a JIT policy that ending inventory must equal 10% of the next month’s sales.

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3 years ago

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The profit-maximizing price and combined quantity of output is indicated in the demand curve by using a black point (plus symbol).

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Complete Question:

Mays and McCovey are beer-brewing companies that operate in a duopoly (two-firm oligopoly). The daily marginal cost (MC) of producing a can of beer is constant and equals $0.40 per can. Assume that neither firm had any startup costs, so marginal cost equals average total cost (ATC) for each firm.

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2 years ago

In its December 31 balance sheet, Butler Co. reported trade accounts receivable of $250,000 and related allowance for uncollecti

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Answer:

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3 years ago

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Answer:

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Additional information

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