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Yuki888 [10]
3 years ago
12

Lucky Cow Dairy provided the following expense information for May:Assembly line workers' wages: $72,300Caps for milk bottles: 3

,800Reconfiguring the assembly line: 125,700Customer support hotline: 10,700Delivery expenses: 20,500Depreciation on factory equipment: 75,900Plastic milk bottles: 52,100Salaries of salespeople: 63,400Salaries of research scientists: 70,200Customer toll free order line: 6,900What is the total cost of research and development of the value chain?
Business
1 answer:
padilas [110]3 years ago
3 0

Answer:

Cost of research and development:

Salaries of research scientists= 70,200

Customer toll-free order line= 6,900

Total= $77,100

Explanation:

Giving the following information:

Assembly line workers' wages: $72,300

Caps for milk bottles: 3,800

Reconfiguring the assembly line: 125,700

Customer support hotline: 10,700

Delivery expenses: 20,500

Depreciation on factory equipment: 75,900

Plastic milk bottles: 52,100

Salaries of salespeople: 63,400

Salaries of research scientists: 70,200

Customer toll-free order line: 6,900

Cost of research and development:

Salaries of research scientists= 70,200

Customer toll-free order line= 6,900

Total= $77,100

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Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead ra
Eddi Din [679]

The factory overhead allocated per unit of Product A in the Painting Department is $ .

Given,

                             Overhead       Total direct       DLH per product

                                                    Labour Hours           A          B

Painting dept.       $241000        10500                       8          11

Finishing dept.      $69700         10500                       5           6

Totals                     $311400        21000                       13         17

Single overhead rate per hour = total overheads/ total labor hours

Now, substituting the values in the formula

Single overhead rate per hour = 311400/21000

                                                   = $14.83 per labor hour

Now, direct labor hours for product A for the Painting department  = 16 hours

Overhead rate per unit of product A in the painting department = 16 hours × $14.83 per hour

Overhead rate = $237.28 per unit

Thus, Adirondak Marketing Inc. would allocate $237.28 to the painting department for 1 unit of Product A.

Learn more about factory overhead:

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8 0
2 years ago
The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases. false true
anyanavicka [17]
<span>The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases.

FALSE</span>
6 0
3 years ago
In 2008, Jiffy Lube began a marketing campaign which encouraged women to focus on their cardiovascular health. Jiffy Lube's "Mai
grandymaker [24]

<u>Answer:</u>Cause marketing

<u>Explanation:</u>

Cause marketing is the strategy where the motive is to increase the profits of the organisation as well as have concern for the society. Jiffy Lube marketing campaign includes a social cause of maintaining the cardiovascular health and also through this campaign they are trying to raise $1 million which is monetary based.

So cause marketing is for both creating awareness about the cause and also to raise funds to support the campaign. The brand's message is also given as well as the profits are also made through this campaign.

8 0
3 years ago
Bill Pope has developed a new device that is so exciting he is considering quitting his job in order to produce and market it on
labwork [276]

Answer:

Costs of: Opportunity  Sunk Variable Fixed MOH Product Selling Differential

Garage rent  (Fixed)........................................X

Utilities  (Fixed).................................................X

Cost of the industrial design course  (Sunk) ... ''the cost has been spent''

Equipment rented .(Fixed)...............................X

Material cost  (Variable)...................X

Labor cost  (Variable).......................X

Present salary  (Opportunity cost / Differential Cost)..'He wont earn anymore'

Advertising  (Fixed and Selling Costs)............X...................................X

Explanation:

Costs of: Opportunity  Sunk Variable Fixed MOH Product Selling Differential

Garage rent  (Fixed)........................................X

Utilities  (Fixed).................................................X

Cost of the industrial design course  (Sunk) ... ''the cost has been spent''

Equipment rented .(Fixed)...............................X

Material cost  (Variable)...................X

Labor cost  (Variable).......................X

Present salary  (Opportunity cost / Differential Cost)..'He wont earn anymore'

Advertising  (Fixed and Selling Costs)............X...................................X

1. Garage rent is fixed Manufacturing Overhead because he will pay a fixed rent amount every month.

2. Utilities is fixed Manufacturing Overhead because he will pay a fixed amount every month.

3. Cost of the industrial design course  is Sunk because the cost has been spent already

4. Equipment rented  is fixed Manufacturing Overhead because he will pay a fixed amount every month.

5. Material cost  is variable because it will depend on how much produced every month.

6. Labor cost  is variable because it will depend on how much produced every month.

7. Present salary  is an Opportunity cost because wont earn salary anymore when he starts the business; this is also differential because it is the difference between the cost of the two alternative decisions

Advertising  is a fixed Selling costs because he will pay a fixed amount every month and it is related to sales not production.

4 0
3 years ago
The Fortunato Corp.'s inventory at Dec 31, 2018, was $325,000 based on a physical count priced at cost, and before any necessary
AleksandrR [38]

Answer:

$405,000

Explanation:

The computation of the ending inventory reported is shown below:

Inventory on December 31,2018 $325,000

Add: Goods purchased from a vendor i.e shipping point $30,000

Add: Goods sold FOB destination to customer $38,000

Add: consignment by Brecht Inc $12,000

Ending inventory reported $405,000

In the above cases, the added items indicates the ownership is transferred to buyer , received by buyer and remains with the buyer

4 0
3 years ago
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