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Sveta_85 [38]
3 years ago
14

Activity Rates Zapato Company produces two types of boots: vaquero and vaquera. There are four activities associated with the tw

o products. Drivers for the four activities are as follows: Vaquero Vaquera Cutting hours 2,300 5,400 Assembly hours 2,700 4,650 Inspection hours 800 2,430 Rework hours 150 450 The following activity data have been collected: Cutting $215,600 Assembling $330,750 Inspecting $58,140 Reworking $39,000
Required:

Calculate the activity rates that would be used to assign costs to each product. If required, round your answers to the nearest cent.
Business
1 answer:
Rasek [7]3 years ago
8 0

Answer:

(a) 28

(b) 45

(c) 18

(d) 65

Explanation:

Total manufacturing costs:

= Cutting + Assembly + Inspecting + Rework

= $215,600 + $330,750 + $58,140 + $39,000

= $643,490

Total Cutting hours:

= Vacquero + Vaquera hours

= 2,300 + 5,400

= 7,700

Total Assembly hours:

= Vacquero + Vaquera hours

= 2,700 + 4,650

= 7,350

Total Inspection hours:

= Vacquero + Vaquera hours

= 800 + 2,430

= 3,230

Total rework hours:

= Vacquero + Vaquera hours

= 150 + 450

= 600

Therefore,

Activity rate = Total Cost ÷ Total hours

For cutting:

= $215,600 ÷ 7,700

= 28

For Assemble:

= $330,750 ÷ 7,350

= 45

For Inspection:

= $58,140 ÷ 3,230

= 18

For Rework:

= $39,000 ÷ 600

= 65

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You pick up the telephone, call the person, and ideally arrange a meeting to ask more questions. Questions such as:

• what are you trying to achieve? what are your objectives?

• what are the issues you are currently facing?

• what have you tried before?

• what has led you to thinking this might be your solution?

• what are your constraints?

• what is your timeframe?

• what is your budget?

Step 2 - Plan

Look for areas where you can add value. Can you position a better product, a better way or a better price construct to give an outcome superior to the one they are thinking of? Aim to be as helpful as possible. Even if you just give advice and don’t win the work, they’ll think of you again.

If possible, give your prospect two or three options that fall within different budgets. You never know what funding they may have available to them, and you’re leaving money on the table if you give them one choice to either accept or reject. When provided with a good, better, best structure, most people tend to fall in the middle.

Step 3: - Socialise

Then it is a good idea to socialise your proposed solution with the person. Get their input, buy-in and feedback on the various options and let them select the one that works best for them.

Step 4: - Write

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Step 5: - Deliver

If you can, deliver a draft proposal in a face-to-face meeting and walk them through what you are thinking. Again, get their input, buy-in and feedback.

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I hope this helps.
8 0
3 years ago
why might an individual pursue a career in education and training career cluster pursue a career helpppppp
slava [35]

Answer:

There are different kind of careers that one can pursue in life; in order to choose a particular career, one has to consider some important factors.

The most important factor to consider in this case is your interest and passion. What are your interests? Which type of work can you do continuously every day and you will not be bored? That is the first thing you must figure out.

So, for an individual to consider pursuing a career in the education and training cluster, that person must have passion for imparting knowledge, he must be someone, who derive joy from teaching people and making them better than he met them.

Other important factors that must be considered include the following:

Suitable skills: you must have inborn talents that can be used in training people. Talents such as ability to express yourself clearly will help you in the education sector.  

Academic qualifications: depending on the specific level of education, where you want to get involved, you must be prepared to get the required qualifications. For instance, to teach at a University level, you must have a doctorate degree in your field.

Job availability: another factor that you must consider is availability of jobs in your area of interest. Is teaching job easily available in your environment?

Income: The amount of money you can possibly earn as a teacher is also very important. You need to investigate how much you can earn as a teacher and decide if you are comfortable with the amount or not before you go ahead.

6 0
4 years ago
The June 30, 2021, year-end trial balance for Askew company contained the following information:
lutik1710 [3]

Answer:

The answer is:

A. $239,000

B.

June 30

Dr Cost of goods sold. $239,000

Closing Inventory $40,600

Purchase returns $10,600

Purchase discounts $ 6,600

Cr Opening Inventory. $ 32,600

Purchase $247,000

Freight-in $18,200

Explanation:

Net purchase is

Purchases. $246,000

Minus: Purchase discounts $6,600

Minus:Purchase returns $10,600

Plus: Freight-in $18,200

Net purchase. $247,000

A.

Cost of sales:

Opening Inventory $32,600

Plus: Purchases. $247,000

Minus: closing Inventory. $40,600

Cost of sales. $239,000

B.

June 30

Dr Cost of goods sold. $239,000

Closing Inventory $40,600

Purchase returns $10,600

Purchase discounts $ 6,600

Cr Opening Inventory. $ 32,600

Purchase $247,000

Freight-in $18,200

3 0
3 years ago
One advantage of a paperless workplace is that electronic documents ________.
VashaNatasha [74]
The answer is d because it reduces the amount of paper work in the office. 
3 0
4 years ago
Read 2 more answers
Knottworth Gedding Consulting leased machinery from Red Inc. on July 1, 2021. The lease was recorded as a finance lease. The pre
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Answer:

The answer is: Knottworth Gedding should report $1,725,000 as interest expense in its 12/31/2021 income statement

Explanation:

The formula for calculating the amount of interest expense is:

interest expense = discount rate x (present value - yearly payment) x time

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  • Present value = $40,500,000
  • Yearly  payment = $6,000,000
  • Time = 6 months / 12 months = 0.5

interest expense = 10% x ($40,500,000 - $6,000,000) x 0.5 = $1,725,000

6 0
3 years ago
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