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vfiekz [6]
3 years ago
9

If a business offers both routine and specialized​ services, a single cost driver rate will​ overprice: A. the specialized servi

ce. B. neither the routine nor the specialized service. C. both the routine and the specialized service. D. the routine service.
Business
1 answer:
Svetlanka [38]3 years ago
6 0

Answer:

D. the routine service.

Explanation:

Single cost driver rate: It is a cost assigned to each unit of cost driver activity directly. Cost driver also influence other business activity and effect the total cost incurred.

In the given case, Business offer both routine and specialized service, as we know single cost driver influence driver directly, therefore, cost driver of specialized service will overprice the routine service.

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The manufacturing overhead budget at Polich Corporation is based on budgeted direct labor-hours. The direct labor budget indicat
just olya [345]

Answer:

Predetermined manufacturing overhead rate= $22.2 per direct labor hour

Explanation:

Giving the following information:

Fixed manufacturing overhead= $127,840 per month

Estimated direct labor hours= 9,400

The variable overhead rate is $8.60 per direct labor hour

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (127,840 / 9,400) + 8.6

Predetermined manufacturing overhead rate= $22.2 per direct labor hour

7 0
2 years ago
Silver Co. has a $400 petty cash fund. At the end of the first month the accumulated receipts represent $63 for delivery expense
lutik1710 [3]

Answer:

Credit to cash for $302

Explanation:

Account Titles and Explanation                        Debit       Credit

Delivery expenses                                               $63

Miscellaneous inventory                                      $207

Miscellaneous expense                                       $32

Cash                                                                                   $302

(To record petty cash reimbursement)

3 0
3 years ago
You are a rookie on traffic patrol. You watch as a young black man drives past you in a new silver Porsche. You estimate the car
dezoksy [38]

Answer:

Please see attachment.

Explanation:

Please see attachment.

Download pdf
5 0
3 years ago
Which two meta solutions enable businesses to communicate privately and instantly with customers?
Flauer [41]

The two meta solutions that enable people to communicate easily are

  • Face.book
  • What.sapp

<h3>What is meta?</h3>

This is the term that is used to refer to the social media networks that are known by Mark Zuckerberg.

These are the solutions that are known to solve the issues of communication between friends and families over great distances.

These solutions help to make relationships better. They do this by helping to keep communications open and alive.

Read more on social media here: brainly.com/question/13909780

#SPJ1

3 0
2 years ago
A newly issued bond pays its coupons once a year. Its coupon rate is 4.1%, its maturity is 15 years, and its yield to maturity i
marissa [1.9K]

Answer:

a) 17.53%

b) $41 x 40% = $ 16.40

    815.25 - 728.48 = 86.77 capital gain x 30% = $ 26.03

Total: 26.03 + 16.40 = $ 42.43 income tax expense

c) (815.25 + 41 - 42.43) / 728.48 - 1 = 0.1171425 = 11.71%

d)

we recalculate the price of the bond with 13 years left to maturity

holding period return 26.94%

e)

tax expense:

(41x1.02 + 41) x 0.4 = 33.14

(841.87 - 728.48) x 0.3 = 34.02

<u>tax expense:</u> 67.16

<u>after tax return:</u>

(841.87 + 41x1.021 + 41 - 67.16) /728.48 - 1 = 0.177209379 = 17.72%

Explanation:

We need to determinate the value of the bond at yield of 7.1% and at yield of 6.1% which is the sum of the present value of the maturity and coupon payment:

<u>Purchase price:</u>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

Coupon payment = 1,000 x 0.041 = 41.00

time 15 years

rate 0.071

41 \times \frac{1-(1+0.071)^{-15} }{0.071} = PV\\

PV $371.0773

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   15.00

rate  0.071

\frac{1000}{(1 + 0.071)^{15} } = PV  

PV   357.40

PV c  $   371.0773

PV m <u> $  357.4028 </u>

Total  $  728.4801

<u>Selling Price</u>

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 41.00

time      14 (one-year past so maturity is more closer)

rate 0.061

41 \times \frac{1-(1+0.061)^{-14} }{0.061} = PV\\

PV $378.7456

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   14.00

rate  0.061

\frac{1000}{(1 + 0.061)^{14} } = PV  

PV   436.50

PV c $378.7456

PV m  $436.5004

Total $815.2460

<em><u>Holding period return:</u></em>

return / investment - 1

(815.25 + 41) / 728.48 - 1 = 0.175387059 = 17.53%

d)

we recalculate the price of the bond with 13 years left to maturity

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 41.00

time 14

rate 0.061

41 \times \frac{1-(1+0.061)^{-14} }{0.061} = PV\\

PV $378.7456

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   13.00

rate  0.061

\frac{1000}{(1 + 0.061)^{13} } = PV  

PV   463.13

PV c $378.7456

PV m  $463.1269

Total $841.8725

and redo the return, tax and after-tax return:

(841.87 + 41x1.021 + 41) /728.48 - 1 = 0.269401333

7 0
3 years ago
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