1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anastasy [175]
3 years ago
5

Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives.

The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost - Activity Base Procurement $315,600 Number of purchase orders Scheduling $200,900 Number of production orders Materials handling $443,500 Number of moves Product development $717,100 Number of engineering changes Production $1,438,900 Machine hours Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Changes Machine Hours Number of Units Disk drives 4,080 360 1,460 15 2,200 1,900 Tape drives 1,700 125 760 5 8,600 4,300 Wire drives 11,500 870 3,700 21 10,600 2,400 Determine the activity rate for materials handling per move.a. $58.82
b. $50.00
c. $20.83
d. $80.65
Business
1 answer:
7nadin3 [17]3 years ago
3 0

Please kindly note that none of the

Options given in the question is correct.

The correct answer is calculated and explained below

Answer:

$79.92 per move.

Explanation:

Activity rate can be calculated by dividing Activity cost budgeted for the particular activity pool by the Estimated or Total Activity base for that pool

Activity rate = Budgeted activity cost ÷ Estimated or Total Activity base

In the question above,

Budgeted Activity cost for material handling = $443,500

Estimated or Total Activity base for material handling (Summation of Total moves) = 1,460 + 760 + 3,700 = 5920 moves

Activity rate = $443,500 ÷ 5920

= $79.92 per move.

You might be interested in
The standard deviations of individual stocks are generally higher than the standard deviation of the market portfolio because th
Mila [183]

Answer: Diversifies risk

Explanation:

The main purpose of having a portfolio is to be able to diversify risk so that a total loss is not made if things do not go well. As such, well diversified portfolios are able to reduce their unsystematic risk.

Individual stock on the other hand, cannot be diversified and so have unsystematic risk which makes their standard deviations(risk) higher.  

6 0
3 years ago
An effective corporate strategy creates, across all of a firm’s businesses, aggregate returns that exceed what those returns wou
KIM [24]
I think the answer is A) True
6 0
3 years ago
If the price of a soda was 15 cents in​ 1970, when the cpi was​ 50, and 50 cents in​ 2007, when the cpi was​ 172, then
MA_775_DIABLO [31]

Answer:

It then means that there was an increase in price of <em>$0.35 and an increase in the Consumer Price Index of 122</em>  of Soda after 37 years for inflationary reasons.

Explanation:

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

<em>Solution</em>

<em>CPI =  New Price/ Old Price</em>

<em>Where:</em>

<em>Old Price = $0.15</em>

<em>New Price = $0.50</em>

<em></em>

<em>∴ = 0.50/0.15 </em>

<em>CPI = 3.33</em>

<em>Then there was no significant rise on inflation since the CPI for 37 years was 3.33 </em>

3 0
3 years ago
Read 2 more answers
You are a student with a demanding schedule of classes. You also work part time and your supervisor allows you to determine your
Roman55 [17]

Answer: enough to earn some money but not too much to jeopardize your grade

Explanation:

Based on the scenario explained in the question, the student will earn enough to earn some money but not too much to jeopardize his or her grade.

Option A is incorrect as working for enough hours to get the money to pay for school means that the grades will be jeopardized as there won't be time to study or attend classes.

Option B is incorrect because working as much as the boss demands will have a negative effect on grades. Option C is incorrect as well.

The correct option is D.

7 0
2 years ago
Presented below are selected account balances for Tamarisk Co. as of December 31, 2017.
zhuklara [117]

Answer:

No.    Account Titles and Explanation         Debit           Credit

1         Sales Revenue                                  $410,200

                Income Summary                                             $410,200

          (To close accounts with credit balances)  

2.        Income Summary                               $339,961

                 Sales return & Allowance                                $12,116

                 Sales Discounts                                                $14,740

                 Cost of Goods Sold                                          $229,610

                 Selling Expense                                                $15,940

                 Administrative expense                                   $37,625

                 Income tax expense                                         $29,930

          (To close accounts with debit balances)

3.           Income Summary                              $70,239

                    Retained Earnings                                           $70,239

           (To close net income / (loss))

4.          Retained Earnings                               $17,920  

                     Dividends                                                         $17,920

            (To close dividends)

7 0
3 years ago
Other questions:
  • What term refers to the process in which two or more parties make offers, counteroffers, and concessions in order to reach an ag
    5·1 answer
  • The following budget information is available for the HD Sales Company (HDC) for January: Sales $ 320,000 Freight out $ .25 per
    5·1 answer
  • Watson Company has monthly fixed costs of $75,000 and a 40% contribution margin ratio. If the company has set a target monthly i
    7·1 answer
  • What time frame is stock investment appropriate for
    11·1 answer
  • An investor purchases one municipal bond and one corporate bond that pay rates of return of 7% and 8.4%, respectively. If the in
    15·1 answer
  • Drag each label to the correct location on the image.
    9·1 answer
  • Happy​ Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The Workminusinmin
    10·1 answer
  • 2.<br>What is the effect on the market when suppliers under invest in their businesses?​
    10·1 answer
  • What taxes and withholdings take the biggest bite out of the amount of your paycheck?.
    5·1 answer
  • Chapman Company obtains 100 percent of Abernethy Company’s stock on January 1, 2020. As of that date, Abernethy has the followin
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!