Please Help!!!! Economics

15. Although she hates the work, Jessica has spent most weekends and the last three summers as a short-order cook; she has an as

igomit [66]

I think answer is (b) number because she loves to ride and spend every spare minute helping her uncle with his three horses.

5 0

3 years ago

Shirley's time sitting at her desk was interrupted when the human resources manager burst into her office with a particularly na

Dmitriy789 [7]

Job Satisfaction has been the main reason why Shirley has been confronting this bottleneck

Explanation:

Some of the reasons why Shirley faced the roadblock are :-

1. Expectations - A pressure has been put on to the employees by which Shirley has not been able to cope up with it.

2. No Motivation - Shirley has no sense of being motivation to work for the organisation. which leads to loss of determination.

3.Environment - Shirley has not been given a conducive enviroment that helps the organisation to work efficiently

5 0

4 years ago

Which of the following costs is a mixed cost? a. straight-line depreciation on factory equipment b. electricity costs of $3 per

Ksenya-84 [330]

Answer:

correct option is d. rental costs of $10,000 per month plus $0.30 per machine hour of use

Explanation:

solution

The combined cost is one in which the factor is variable and constant.

Sometimes, even the total cost is difficult to separate.

The chosen option also includes a fixed cost that costs $ 5,000 per month.

The cost per hour of the machine increases 0.30 per hour.

This is variable because the entire machine depends on the number of hours used.

The other three are completely variable, such as salary, and are not deductible or cost of electricity.

3 0

4 years ago

Briefly explain whether you agree or disagree with the following statement: "AssetsLOADING... are things of value that people

bekas [8.4K]

Answer:

A. Disagree. Checking accounts represent something that the bank owes to the owner of the account. It is a bank liability.

Explanation:

Given the definitions of liabilities and assets, it is also important to distinguish the point of view when discussing whether a specific item is an asset or liability.

Since a checking account represents money bank users deposit into the bank, that means that the bank owes the money deposited to the bank customer.

Similarly, a car loan is a bank asset. It is an essential bank product representing the money lent to someone. That means bank users owe the bank in that case. Although the bank doesn't possess the loan money after providing someone with a loan, the loan money will be returned to the bank after some time (representing the key asset characteristic).

8 0

3 years ago

Way Cool produces two different models of air conditioners. The company produces the mechanical systems in their components depa

Damm [24]

Answer:

Way Cool:

1. Overhead cost per unit for each product line:

Model 145 Model 212

Machine hours 2,280 5,400

Numbers of units 1,600 3,200

Total costs $498,441.25 $1,180,518.75

Overhead cost

per unit $311.53 $368.91

2. Total cost per unit if the direct labor and direct materials costs per unit are $200 for Model 145 and $130 for Model 212

Model 145 Model 212

Overhead cost

per unit $311.53 $368.91

Direct material &

labor cost per unit $200.00 $130.00

Total cost per unit $511.53 $498.91

3. Determination of profit or loss per unit if market price for Model 145 is $732 and $490 for Model 212:

Model 145 Model 212

Sales price $732.00 $490.00

Cost of sales $511.53 $498.91

Profit (Loss) per unit $220.47 ($8.91)

Explanation:

a) Data and Calculations:

Process Activity Overhead Driver Quantity Plant Wide Rate

Components C/over 459,500 No. of batches 810 $567.28

Machining 301,600 M. hours 7,680 $39.27

Setups 227,500 No. of setups 80 $2,843.75

Sub-Total $988,600

Finishing welding 180,500 Welding hours 4,900 $36.84

Inspecting 222,000 Number of

inspections 815 $272.39

Rework 60,700 Rework orders 230 $263.91

Sub-Total $463,200

Support Purchasing 135,500 Purch. orders 525 $258.10

Providing space 31,550 No. of units 4,800 $6.57

Providing utilities 60,110 No. of units 4,800 $12.52

Sub-Total $ 227,160

Total overhead $1,678,960

Additional production information concerning its two product lines follows.

Model 145 Model 212 Total

Units produced 1,600 3,200 4,800

Welding hours 2,000 2,900 4,900

Batches 405 405 810

Number of inspections 485 330 815

Machine hours 2,280 5,400 7,680

Setups 40 40 80

Rework orders 130 100 230

Purchase orders 350 175 525

b) Calculation of Plantwide overhead rate based on machine hours:

Total overhead costs/machine hours = $1,678,960/7,680

= $218.6146 per machine hour

c) Activity Based Costing system is a system that accumulates and allocates production or service costs based on the activities undertaken for the production or service. The activities are regarded as the cost drivers and therefore better bases for accumulating and allocating costs.

3 0

4 years ago