1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maks197457 [2]
3 years ago
13

The receiving department of Owen has three activities: unloading, counting goods, and inspecting. Unloading requires a forklift

that is leased for $15,000 per year. The forklift is used only for unloading. The fuel for the forklift is $2,000 per year. Inspection requires special testing equipment that has a depreciation of $500 per year and an operating cost of $1,000 per year. Receiving has four employees who each have an average salary of $35,000 per year. The work distribution matrix for the receiving personnel is as follows:
Activity Percentage of Time on Each Activity
Unloading 25%
Counting 40%
Inspecting 35%

Calculate the cost of unloading.

a.$56,000
b.$50,500
c.$54,000
d.$52,000
Business
1 answer:
SpyIntel [72]3 years ago
5 0

The cost of unloading is $52,000  

Explanation:

Cost is the cash interest that a corporation has expended on sales and accounting to manufacture it. Within an organization, costs represent the amount of money spent on manufacturing or developing a good or service. Price requires no benefit premium.

Resource Unloading Equipment $15,000

Fuel $2,000

Operating Labour = (25% × [4 $35,000] = $35,000) ​

                              = $35,000

Total = $35,000+$15,000 +$2,000  

       = $52,000

You might be interested in
The windshield division of fast car co. makes windshields for use in fast car's assembly division. the windshield division inncu
timama [110]
Answer and Explanation:
The possible transfer prices that could be used on transfers between the Windshield and Assembly divisions is $200 to $450.
4 0
3 years ago
explain the roles of directors of the company and the roles of auditors using the categories provided explain in three points ex
Fed [463]

Answer:

directors are the trustees of the company's money and property, and also act as agents in the transaction which they enter into on behalf of the company. Directors are liable as trustees for breach of trust, if they misapplied the funds or committed breach of byelaws of the company.

An auditor is an authorised personnel that reviews and verifies the accuracy of financial records and ensures that companies comply with tax norms. They primarily objective is to protect businesses from fraud, highlight any discrepancies in accounting methods, among other things.

4 0
2 years ago
An entrepreneur keeps backup funds in a savings account so that if their business experiences a loss, they will be able to recup
kvasek [131]
B.................................................
5 0
3 years ago
Read 2 more answers
Evans Inc. had current liabilities at April 30 of $74,100. The firm's current ratio at that date was 1.7.Required:Calculate the
bazaltina [42]

Answer:

* The firm's current assets and working capital at April 30:

+ Current asset $125,970

+ Working capital: $51,870

* The current ratio and working capital at April 30 as if the April 29 payment had not been made:

+ Current ratio: 1.57

+ Working Capital: $51,870

Explanation:

* The firm's current assets and working capital at April 30:

We have Current asset/ Current Liabilities = Current ratio <=> Current asset = Current liabilities x current ratio = 74,100 x 1.7 = $125,970.

Working capital = Current asset - Current Liabilities = 125,970 - 74,100 = $51,870.

* The current ratio and working capital at April 30 as if the April 29 payment had not been made:

- Current asset will be 125,970 + 17,200 = $143,170; Current Liabilities will be 74,100 + 17,200 = $91,300 ( as cash has not be deducted for account payable settlement, as a result, account payable is still maintained balance of 17,200 higher than the scenario where the payable had been settled).

=> Current ratio = 143,170/91,300 = 1.57; Working Capital = 143,170 - 91,300 = $51,870.

8 0
2 years ago
Read 2 more answers
Which statement below best answers the economic question How to produce?. . Marco's products sell at prices ranging between $2 a
BabaBlast [244]
The word "produce" involves the way the product is made and also the materials used. For this item, I would go with the third choice, "Marco uses locally harvested wood from a sustainable tree farm to make his products". This describes the materials used.
5 0
2 years ago
Read 2 more answers
Other questions:
  • What information will u find in an address book
    10·2 answers
  • Which advertising strategy emerged because of corporate mergers and public distrust of impersonal and large corporations?
    6·1 answer
  • One of the main tools used by economists to measure the actual distribution of income is
    7·1 answer
  • Stephen is preparing his pitch for a bank representative that will be considering him for a business loan. He lists the resumes
    7·1 answer
  • Most major furniture manufacturers affix labels to their wares that explain the products' construction features, such as type of
    11·1 answer
  • In a small, closed economy, national income (GDP) is $350.00 million for the current quarter. Individuals have spent $100.00 mil
    5·1 answer
  • A trip arranged by a travel professional that has at least two travel components is called _____.
    6·2 answers
  • Before setting your prices, it's wise to A. subtract your profit margin from your costs. B. research industry standards. C. memo
    8·2 answers
  • Which of the following statements is(are) true:
    7·1 answer
  • During Year 1, Hardy Merchandising Company purchased $20,000 of inventory on account. Hardy sold inventory on account that cost
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!