What refers to the close emotional bond an individual has with the person or persons who raised and cared for him/her?

Skyline Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets

alekssr [168]

Answer:

$7.15

Explanation:

Calculation for Other The cost of wages and salaries and other overhead that would be charged to each bouquet made is:

Wages and salaries charged to each bouquet produced = (60%*$180,000)+(50%*$70,000)/20,000 bouquet

Wages and salaries charged to each bouquet produced = $108,000+$35,000/20,000 bouquet

Wages and salaries charged to each bouquet produced = $143,000/20,000 bouquet

Wages and salaries charged to each bouquet produced = $7.15

Therefore The cost of wages and salaries and other overhead that would be charged to each bouquet made is:$7.15

7 0

3 years ago

While preparing your risk responses, you identify additional risks. What should you do? Add reserves to the project to accommoda

saw5 [17]

Answer: Document the risk and calculate the expected monetary value based on the probability and impact of the occurrences.

Explanation:

Risk response refers to the development of strategic options to reduce the threats and enhance opportunities to the objectives of the project.

It should be noted that when new risks are identified, such risks go through the process of risk management and one needs to be able to know the risk probability and risk impact and then get to curtail them.

8 0

3 years ago

""The average daily rate charged by member banks for overnight loans of reserves" best describes the:"

Elodia [21]

Answer:

Federal funds rate

Explanation:

Federal funds rate is the interest rate at which commercial banks borrow and lend their excess reserves to each other overnight.

8 0

3 years ago

A business owner makes 1000 items a day. Each day she spends 8 hours producing those items. If hired, elsewhere she could have e

AveGali [126]

Answer:

c. $240,000

Explanation:

Her economic profit is given by her revenue deducted by the explicit costs (I=$150,000) and implicit costs (opportunity cost).

Her monthly revenue is:

$R=1,000\ (items/day)*30\ days*\$15/item\\R = \$450,000$

Her opportunity cost is:

$O = 30\ days* 8\ (hours/day)*\$250/hour\\O=\$60,000$

Her economic profit is:

$P = R-I-O\\P=\$450,000-\$150,000-\$60,000\\P=\$240,000$

The answer is c. $240,000.

5 0

3 years ago

The revenues and expenses of Zenith Travel Service for the year ended August 31, 20Y4, follow:

Alisiya [41]

Answer:

Zenith Travel Service

Statement of Owner's Equity for the year ended August 31, 20Y4:

Capital as of September 1, 20Y3 = $456,000

Additional investment 43,200

Retained Earnings (8,400)

Drawings (21,600)

Capital as of August 31, 20Y4 $469,200

Explanation:

a) Data and Calculations:

Additional investment = $43,200

Personal withdrawal = $21,600

Income Statement for the year ended August 31, 20Y4:

Fees earned $899,600

Office expense 353,800

Miscellaneous expense 14,400

Wages expense 539,800 908,000

Net income/Retained earnings ($8,400)

b) Zenith's statement of owner's equity is a financial statement that reports the changes in the equity section of Zenith's balance sheet during the year ended August 31, 20Y4. In other words, it reports the events that increased or decreased Megan Cox's equity over the course of the year from September 1, 20Y3 to August 31, 20Y4.

8 0

3 years ago