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sweet-ann [11.9K]
3 years ago
9

Jefferson, Inc. produces two different products (Product 5 and Product Z) using two different activities: Machining, which uses

machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $110,000, while the cost of Inspection is $42,560. The activity drivers are used as follows: Product 5 Product Z Total Machine hours 1,100 3,300 4,400 Number of batches 54 22 76 What proportion of Machining activity is used by Product 5
Business
1 answer:
Julli [10]3 years ago
7 0

Answer:

25%

Explanation:

Calculation for the proportion of Machining activity used by Product 5

Using this formula

Machining activity = Product 5 Machine hours /Total machine hours

Let plug in the formula

Machining activity = 1,100/4,400

Machining activity = 0.25×100

Machining activity = 25%

Therefore the proportion of Machining activity used by Product 5 is 25%

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Find the expected return for Jackson Corporation. Round to the nearset hundredth percent. Answer in the percent format. Do not i
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Question:

Jackson Corporation has expected return of 12% during recession, 20% during normal, and 40% during boom state of economy. Probability of recession, normal and boom states of economy is 0.25, 0.50, and 0.25 respectively. Find the expected return for Jackson Corporation. Round to the nearset hundredth percent. Answer in the percent format. Do not include % sign in your answer (i.e. If your answer is 4.33%, type 4.33 without a % sign at the end.)

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Expected return during recession = 12%

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