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3 years ago

PA10.

Business

1 answer:

nevsk [136]3 years ago

8 0

Answer:

Traditional allocation method

Overhead allocation rate

= Budgeted overhead

Budgeted machine hours

= $1,050,000

50,000 hours

= $21 per machine hour

Overhead allocation

Product A = $21 x 10,000 = $210,000

Product B = $21 x 40,000 = $840,000

Using activity-based costing

Cost driver rates

Machine set-up = $250,000

10,000 set-ups

= $25 per set-up

Assembly = $300,000

60,000 parts

= $5 per part

Machine maintenance = $500,000

50,000 hours

= $10 per machine hour

Overhead allocation based on ABC

A B

$ $

Machine set-up 175,000 75,000

Assembly 125,000 175,000

Machine maintenance 100,000 400,000

Total cost 400,000 650,000

Explanation:

In traditional allocation method, there is need to calculate the overhead allocation rate, which is the ratio of budgeted overhead to budgeted machine hours. Then, the overhead allocation rate will be used to multiply the machine hours for each product in order to obtain the overhead allocated.

In activity-based costing, there is need to calculate the cost driver rates, which is the ratio of overhead of each cost pool to the total cost driver of each cost pool. Then, we will multiply the cost driver rate by the cost driver for each product in order to obtain the allocated overhead.

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Answer:

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3 years ago

A fall in real GDP that results in a decrease in personal income tax receipts is an example of ______.

lyudmila [28]

Answer:

c. automatic fiscal policy

Explanation:

Automatic fiscal policy are policies triggered automatically due to the state of the economy which causes either government spending or taxes to increase or decrease.

For example, if the economy is undergoing a downturn and real GDP falls, the amount paid as taxes would fall.

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These are examples of automatic fiscal policies.

Discretionary fiscal policy is when the government purposely increases or reduces either its spending or taxes in response to the economic conditions.

I hope my answer helps you.

5 0

3 years ago

An investor is in a 30% combined federal plus state tax bracket. If corporate bonds offer 9% yields, what yield must municipals

Mkey [24]

Answer:

after tax yield on corporate bonds = 6.3 %

Explanation:

given data

federal plus state tax bracket = 30%

corporate bonds yields = 9%

solution

we get here yield that must municipals offer for the investor is express as

after tax yield on corporate bonds = corporate bonds yields × ( 1 - federal plus state tax bracket ) ......................1

put here value and we will get

after tax yield on corporate bonds = 9% × ( 1 - 30% )

after tax yield on corporate bonds = 0.09 × ( 1 - 0.30 )

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3 years ago

The top management at Vermilion Inc. realized that there were some technical defects in the company's new manufacturing plant th

harkovskaia [24]

Answer: (C) Controlling

Explanation:

The controlling is one of the type of management function that helps in managing the various types of organizational function and also it helps in achieve the desirable goals.

It basically take various types of corrective actions for effectively managing the resources and also helps in improving the performance of the company.

According to the given question, the controlling is one of the management function that efficiently illustrating the given scenario.

In the vermilion inc, the top management of the company realized that at the time of construction of the plant shows some technical defects and the technical specialists of an organization try to resolve the given issue.

Therefore, The given process is known as the controlling management function.

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4 years ago

In 1 or 2 sentences, explain how consumers affect which goods and services are produced. WRITER

san4es73 [151]

Answer;
Based on Supply and demand; If a more people want a commodity, it is in greater demand, thus the price will be higher, and if less people want a commodity, the price will be lower.
Explanation;
In a market the price is determined using the law of demand and supply in that particular market. Demand is the quantity of goods that consumers are willing and able to buy at a given price while supply is the quantity supplied by suppliers at a particular price.
If a more people want a commodity, it is in greater demand, thus the price will be higher, and if less people want a commodity, the price will be lower.

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3 years ago

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