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
ch4aika [34]
3 years ago
6

Kiner Co. computed an overhead rate for machining costs $480000 。 5 per machine hour. Machining costs are driven by machine hour

s. If computed based on direct labor hours, the overhead rate for machining costs would be $10 per direct labor hour. The company produces two products, Cape and Chap. Cape requires 57600 machine hours and 20000 direct labor hours, while Chap requires 38400 machine hours and 30000 direct labor hours. Using activity-based costing, machining costs assigned to each product is
Cape Chap
750000 $250000
$200000 $300000
$255123 $224877
$288000 $192000
Business
1 answer:
goldenfox [79]3 years ago
6 0

Answer:I think it would be $192000

Explanation:hopefully I am right

You might be interested in
Phoenix Automated Retail Services specializes in DVD rentals via automated retail kiosks. If consumers want a particular DVD, th
pshichka [43]

Answer: Contact efficiency.

Explanation:

Phoenix automated retail provides contact efficiency for their customers as they help reduce the stages the consumers pass through before they can hire their products. Contact efficiency is a method of eliminating unnecessary stages in the supply chain between the consumer and the product they seek to purchase.

6 0
3 years ago
A company is considering building a new factory, which department is most likely going to be in charge of evaluating options to
mamaluj [8]

Answer:

Explanation:

Sunk, or past, costs are monies already spent or money that is already contracted to be spent. A decision on whether or not a new endeavor is started will have no effect on this cash flow, so sunk costs cannot be relevant.

For example, money that has been spent on market research for a new product or planning a new factory is already spent and isn’t coming back to the company, irrespective of whether the product is approved for manufacture or the factory is built.

Committed costs are costs that would be incurred in the future but they cannot be avoided because the company has already committed to them through another decision which has been made.

5 0
3 years ago
All of the following statements are true regarding earnings per common share (EPS) except:
SVEN [57.7K]

Answer:

d) EPS cannot be calculated if a company has no preferred stock.

Explanation:

The above statement is untrue about E.P.S because the reason why 'Preferred dividend' (which is dividend on preference shares)  is subtracted from Net Income, before being divided by the 'Average Number of Common Shares Outstanding' is for comparability.

Since the denominator is based on 'common shares' or 'ordinary shares', it makes sense not to include the part of income that has fallen to preferred shares.

As a matter of fact there are a lot of companies that do not have preferred stock and still report Earnings Per Share on their financial statements.

Finally, still on comparability; E.P.S helps to compare the performance of big companies that have preferred stock with small companies that do not have. Hence EPS can be calculated even when there is no preferred stock.

8 0
3 years ago
Over the years, O'Brien Corporation's stockholders have provided $20,000,000 of capital, when they purchased new issues of stock
shepuryov [24]

Answer:

$13,000,000

Explanation:

Given that,

Total Book Value of Equity = $20,000,000

Common stock outstanding = 1,000,000 shares

Selling price per share = $33.00

Market value of equity:

= Selling price per share × Shares outstanding

= $33.00 × 1,000,000

= $33,000,000

O'Brien's MVA:

= Market value of equity - Total Book Value of Equity

= $33,000,000 - $20,000,000

= $13,000,000

3 0
3 years ago
An asset (not an automobile) placed in service in June 2018 has a depreciable basis of $35,000 and a recovery period of 5 years.
Maurinko [17]

Answer:

The Cost that can be deducted will be $3,500

Explanation:

     Bonus Depreciation=$35,000*50%=$17,500

     Now cost deductible in 2018 will be=$17,500/5=$3,500

Currently 50% bonus depreciation being deducted on assets as per new rulings.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Imagine you are writing a plan for how to move toward a career. Which of these pieces of information do you think
    12·1 answer
  • A firm knows that Mike’s income elasticity of demand for hair ties is 5 while for Sally it is 0.2. A firm can reason that a hair
    14·1 answer
  • Coache Corporation is considering a capital budgeting project that would require an investment of $120,000 in equipment with a 4
    8·1 answer
  • A person who offers a facilitation payment in order to secure a contract that will keep her company from going bankrupt and layi
    13·1 answer
  • At december 31, 2014 rice company had 300,000 shares of common stock and 10,000 shares of 8%, $100 par value cumulative preferre
    10·1 answer
  • At December 31, 2017 and 2018, Funk & Noble Corporation had outstanding 1,000 million shares of common stock and 13 million
    6·1 answer
  • For purposes of determining gross income, which of the following is true?a. A mechanic completed repairs on an automobile during
    12·1 answer
  • Mobile devices are perfect for targeting ads at specific consumers because ______.
    10·2 answers
  • What rapidly changing factor has led to the social age in business?
    13·1 answer
  • Which investment option has the highest risk ?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!