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4 years ago

10

1. When there is automation, product diversity, and little correlation between overhead cost and direct labor, a plantwide overh

ead rate based on direct labor is the most appropriate. a. True b. False

1 answer:

likoan [24]4 years ago

5 0

Answer:

b. False

Explanation:

It will not be advantageous as a more accurate overhead cost and will have a more effective cost allocation. As it will measure a single type of cost and the expense that include the accounting fees and the advertising except for the direct labor and the direct materials.

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Find the no-arbitrage cross exchange rate. The dollar-euro exchange rate is quoted as $1.60 = €1.00 and the dollar-yen exchange

Nina [5.8K]

Answer:

¥192/€1.00

Explanation:

In order to determine the cross rate, we need a formula such that the dollar sign in one exchange rate cancels the other dollar sign in the second exchange such that we are left with both Yen and the Euro as shown by the formula below:

S(€/¥) = S($/¥) / S($/€)

S($/¥) =$1/¥120

S($/€)=$1.60/ €1.00

S(€/¥) =($1/¥120)/($1.60/ €1.00)

if we change the division to multiplication we would have the below

S(€/¥) =$1/¥120*€1.00/$1.60

S(€/¥) =€0.005208333

This means that €0.005208333 =1¥

1¥/ €0.005208333=¥192

6 0

3 years ago

Hailey, Inc., has sales of $19,730, costs of $9,300, depreciation expense of $1,970, and interest expense of $1,460. Assume the

jarptica [38.1K]

Answer:

Operating cash flow is $7,980

Explanation:

EBIT = sales of $19,730 - costs of $9,300 - depreciation expense of $1,970 = $8,460

Tax = (EBIT of $8,460 - interest expense of $1,460) * Tax rate 35%

= $2,450

The operating cash flow (OCF) = EBIT + Depreciation - Tax = $8,460 + $1,970 - $2,450 = $7,980

6 0

4 years ago

The price elasticity of demand for lightbulbs is likely to be unit elastic because

Montano1993 [528]

Answer:

The correct answer is: is relatively inelastic because there are very few substitutes for lightbulbs.

Explanation:

The demand for unit elasticity is an intermediate situation between an elastic and other inelastic demand curve, so that the price elasticity is equal to one, which means that in the face of variations in price, the total ingrowth (price per cantidad), if it decides, if the price increases, the demanded cantidad will diminish in an amount such that the previous and the present in the same ones. The same would occur in the case that the price had fallen, the song would increase so much that the ingrowth remained constant.

7 0

3 years ago

Noah graduated with his B.A. in early childhood education in December, but public schools are not hiring until spring.

sashaice [31]

Answer:

Job #1

Explanation:

Job #1 is best suited according to Noah's preference. She wants to work near home, have experience working with children and provide educational opportunities. The Job #1 offers her para- educator in kindergarten class. This job is close to her home and has positive school culture. This job provides her opportunity for networking with administrators and the pay is also good. Therefore Noah should select job #1.

7 0

3 years ago

Interest is the cost of borrowing. <br> a. True<br> b. False

Gnesinka [82]

Interest is defined as the amount paid regularly at an agreed rate for the use of money lent. Depending on the agreement of both parties, interest is for the delayed repayment of a debt. So, to answer the question above: True.

8 0

4 years ago