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Strike441 [17]
3 years ago
15

Martina, Inc. has two service departments (Human Resources and Building Maintenance) and two production departments (Machining a

nd Assembly). The company allocates Building Maintenance cost on the basis of square footage and believes that Building Maintenance provides more service than Human Resources. The square footage occupied by each department follows:
Human Resources 6,000
Building Maintenance 13,000
Machining 18,000
Assembly 26,000

Assuming use of the step-down method, over how many square feet would the Building Maintenance cost be allocated (i.e., spread)?

a. 19,000

b. 44,000

c. 50,000

d. 63,000
Business
1 answer:
ziro4ka [17]3 years ago
6 0

Answer:

The correct answer is option (b) 44,000

Explanation:

Solution

Given that:

From the question given, the first step to take is to find out how many square feet would the Building Maintenance cost be allocated

Now,

The Square feet over which Building Maintenance cost would be allocated is stated as follows:

The Square feet over which Building Maintenance cost would be allocated = Square Footage of Machining + Square Footage of Assembly = 18000 + 26000

Thus,

=18000 + 26000 = 44,000

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add up all of the business assets and deducting all of its liabilities.

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Asper Corporation has provided the following data for February. Denominator level of activity 7,700 machine-hours Budgeted fixed
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Answer:

Asper Corporation has provided the following data for February. Denominator level of activity 7,700 machine-hours Budgeted fixed manufacturing overhead costs $ 266,420 Fixed component of the predetermined overhead rate $ 34.60 per machine-hour Actual level of activity 7,900 machine-hours Standard machine-hours allowed for the actual output 8,200 machine-hours Actual fixed manufacturing overhead costs $ 259,960 The budget variance for February is $6,460 Favorable.

Explanation:

Budgeted fixed manufacturing overhead cost = $266,420.

Actual fixed manufacturing overhead costs  = $259,960

The budget variance for February is calculated as below:

Budget Variance = Actual Fixed Manufacturing Overheads - Budgeted Fixed Manufacturing Overheads

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Budget Variance = -$6,460

Budget Variance = $6,460 Favorable

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Suppose an unlevered firm issues $1000 in debt at a cost of debt of 10%. If the corporate tax rate is 20%, what is the change in
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Suppose an unlevered firm issues $1000 in debt at a cost of debt of 10%. If the corporate tax rate is 20%, $200 t is the change in the firm's value.

Due to the issue of the corporate tax rate is entitled to Interest Tax Shield assuming Debt issued by the firm is perpetual and ignoring financial distress costs

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corporate tax rate, also known as corporate income tax or corporate tax, is a direct tax levied on the income or capital of a corporation or similar corporation. Many countries impose such taxes at the national level, and similar taxes may be levied at the state or local level.

Learn more about tax rate here: brainly.com/question/25791968

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