Answer:
Allocated costs= $116.7
Explanation:
Giving the following formula:
The activity rates associated with each activity pool are $8.70 per guest check-in, $18.00 per room cleaning, and $3.00 per served meal (not including food).
Julie Campbell visited the hotel for a 5-night stay. Julie had 6 meals in the hotel during the visit.
<u>To allocated costs, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated costs= 8.7 + 18*5 + 3*6
Allocated costs= $116.7
Answer:
A) Joint Venture
Explanation:
Based on the scenario being described within the question it can be said that in this context, Cream Bite Inc. is a Joint Venture. This is a business term that refers to an arrangement between two parties in which both combine their resources in order to meet an agreed upon goal in a more efficient manner and in a much smaller time-frame than if they were to do it separately.
Answer:
Standard direct labour cost = $20.00 per hour
Explanation:
The direct labour costs represent expenditures incurred in respect of direct worker which can be traced to the product been produced. For example, the labour cost of machine operator saddled with production task.
The payroll cost is not a direct labour cost because payroll employed are not direct workers, also benefits are overheads related to direct workers
Standard direct labour cost = $20.00
Examples of internal failure costs include warranty service and complaint handling. As a result, choice b is accurate.
<h3>
What do you mean by internal failure cost?</h3>
Internal failure costs are expenses related to flaws discovered prior to the client receiving the good or service. External failure costs are expenses related to flaws discovered after the client has purchased the good or service.
Internal failure costs are quality expenses related to product flaws found before a product leaves the facility.
Hence, warranty services all are examples of the internal failure cost.
Learn more about internal failure costs:
brainly.com/question/14802565
#SPJ1
Answer:
$850,000
Explanation:
The computation of Amount of income should Torrey realize from the lease transaction is shown below:-
Amount of income should Torrey realize from the lease transaction = Sale price - Cost
= $3,850,000 - $3,000,000
= $850,000
Therefore for computing the amount of income should Torrey realize from the lease transaction we simply deduct the cost from sales price.
