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Setler [38]
3 years ago
11

A company produces alternators for cars. They generally use a static budget with the following costs based on 8,000 units per mo

nth: Indirect materials, $22,000; Indirect labor, $25,000; Utilities, $12,000; Supervision, $4,000; Depreciation, $18,000. If the company wanted to create a flexible budget for 9,000 units, what value would they record for variable costs?a. $52,875 b. $91,125 c. $70,875 d. $66,375
Business
1 answer:
Daniel [21]3 years ago
3 0

Answer:

$70,875

Explanation:

By definition, a flexible budget is when a budget has been adjusted or flexed to accommodate the changes in the level of activity.

If the company wanted to create a flexible budget for 9,000 units, then the value that would be recorded for variable costs will be:

Indirect materials, $22,000/8000*9000 = 24,750;

Indirect labor, $25,000/8000*9000 = 28,125 ;

Utilities, $12,000/8000*9000 = 13,500;

Supervision, $4,000/8000*9000=4,500

Total of variable costs = ........................70,875

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Answer:

Price of stock = $49.5

Explanation:

<em>The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset. According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return. </em>

If dividend is expected to grow at a given rate , the value of a share is calculated using the formula below:  

Price of stock=Do (1+g)/(k-g)  

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DATA:

D0- 2.7

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K- 16%

Price of stock = ( 2.7×1.1)/(0.16-0.1) = 49.5

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Mistakes made by staff are affecting overall efficiency, so you have contacted the local community college to inquire about cust
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Answer:

sign up for either program

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5 0
3 years ago
Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its
ololo11 [35]

Answer:

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Explanation:

Giving the following information:

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First, we need to calculate the predetermined manufacturing overhead rate:

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

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Now, we can calculate the allocated overhead:

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Allocated MOH= 34*4,860= $165,240

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Profit margin is a profitability ratio that measures the company's overall performance. It also show how company performs financially.

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Therefore,

Profit Margin = \frac{47,150}{484,000}

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Hence, company is performing financially well.

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2 years ago
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