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mart [117]
3 years ago
8

The controller of Hartis Corporation estimates the amount of materials handling overhead cost that should be allocated to the co

mpany's two products using the data that are given below: Wall Mirrors Specialty Windows Total expected units produced 8,000 7,000 Total expected material moves 300 900 Expected direct labor-hours per unit 5 7The total materials handling cost for the year is expected to be $38,448. If the materials handling cost is allocated on the basis of material moves, the total materials handling cost allocated to the specialty windows is closest to:
a. $28,836
b. $22,428
c. $19,224
d. $18,752
Business
1 answer:
Mashcka [7]3 years ago
7 0

Answer:

a. $28,836

Explanation:

Total Material Moves (300 + 900)                      1200

Rate per material move (38488/1200)                      32.07333333

Allocated material moves for material handling  

wall mirrors (38488/1200*300)                              9622

Speciality windows (38488/1200*900)              28866

                                                                                    38488

Therefore, The material handling cost allocated to the speciality windows is closest to $28,836.

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As a sole proprietor, what are the ways in which you can raise money to establish your business, and make it grow?
kolezko [41]

Answer:

Take out a small business loan.

Explanation:

A small loan is a way, based on your credit, to establish a way to raise money.

3 0
3 years ago
Which of the following describes the expected outcome of expansionary monetary policy in the short run?
Vaselesa [24]

Answer:

The correct answer is letter "A": higher employment, higher output, and a higher price level.

Explanation:

Expansionary policy is a macroeconomic concept that focuses on expanding the economy to counteract cyclical downturns. Expansionary policies can be used through monetary policy to expand the money supply or to increase government expending and tax cuts to stimulate the economy. Under this scenario, interest rates are lower and aggregate demand increases. In that case, employment, output, and price level will be higher. Though, the latter is dangerous since it could lead to high inflation.

7 0
3 years ago
You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently Janua
Oduvanchick [21]

Answer:

the yield to maturity for the bond issued by Xenon, Inc = 6.92%

Explanation:

<em>IMPORTANT NOTE: The data of the calculation was obtained from an online book.</em>

<em />

Yield to Maturity [YTM] of the Bond

Yield to Maturity [YTM] = Coupon Amount + [(Par Value – Bond Price) / Maturity Years] / [(Par Value + Bond Price)/2]

Par Value = $2,000

Coupon Amount = $126 [$2,000 x 6.30%]

Bond Price = $1,885.82 [$2,000 x 94.291%]

Maturity Years = 15 Years [Jan 15,2016 to Jan 15,2031]

Therefore, Yield to Maturity [YTM] = Coupon Amount + [(Par Value – Bond Price) / Maturity Years] / [(Par Value + Bond Price)/2]

= [$126 + {($2,000 – $1,885.82) / 15 Years)] / [($2,000 + $1,885.82) / 2}]

= [($126 + $7.61) / $ 1,942.91]

= 0.0692

= 6.92%

<h2> </h2><h2>Therefore, the yield to maturity for the bond issued by Xenon, Inc = 6.92%</h2>
8 0
2 years ago
Which of the following statements is false?A) We say a portfolio is long those stocks that have negative portfolio weights. B) T
zhuklara [117]

Answer:

The false statement is letter "A":  We say a portfolio is long those stocks that have negative portfolio weights.

Explanation:

The portfolio weight is the portion that a particular asset represents of the overall portfolio. There are many methods helpful to calculate the portfolio weight usually by dividing the dollar value of an asset by the total dollar value of the portfolio. Short positions are taken as negative values inside the portfolio that hold negative weights.

7 0
3 years ago
Alonso, the union steward at Selzar Inc., is attempting to persuade members of management to make certain revisions to the compa
UkoKoshka [18]

Answer:

C. negotiating contracts

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6 0
3 years ago
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