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4 years ago

PB5.

Business

1 answer:

Olin [163]4 years ago

6 0

Answer:

Calculation of cost driver rates

Material receipts = $249,975/750 = $333.30 per requisition

Machine set-up = $150,000/200 set-ups = $750.00 per set-up

Assembly = $450,000/300 parts = $1,500 per part

Machine maintenance = $175,000/3,500 hours = $50 per machine hour

Calculation of overhead allocated to each unit of products

Material receipts

Simple = $333.30 x 300

369,991 units

= $0.27 per unit

Removable = $333.33 x 450

146,100 units

= $1.03 per unit

Machine set-up

Simple = $750 x 150 set-ups

369,991 units

= $0.30 per unit

Removable = $750 x 50 set-ups

146,100 units

= $0.26

Assembly

Simple = $1,500 x 100 parts

369,991 units

= $0.41 per unit

Removable = $1,500 x 200 parts

146,100 units

= $2.05 per unit

Machine maintenance

Simple = $50 x 2,000 machine hours

369,991 units

= $0.27 per unit

Removable = $50 x 1,500 machine hours

146,100 units

= $0.51 per unit

Calculation of overhead allocated to each product

Simple Removable

$ $

Material receipts 0.27 1.03

Machine set-up 0.30 0.26

Assembly 0.41 2.05

Machine maintenance 0.27 0.51

Overhead allocated 1.25 3.85

Explanation:

The overhead allocation rate is calculated by dividing the overhead for each cost pool by the total cost driver for each cost pool.

The overhead allocated to each product is calculated by multiplying the cost driver rate by the cost driver for each product divided by the number of units of each product.

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LekaFEV [45]

Answer:

Yes

Explanation:

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However , some advance directive can specify some desired treatment to aid recovery.

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3 years ago

Mini Corporation factored, with recourse, $600,000 of accounts receivable with Huskie Financing. The agreement met all three con

tatiyna

Answer:

Assets:

Cash (600,000x92%) I552000

Due from factor I18000

Accounts receivable D600000

Liabilities:

Recourse obligation I14400

Equity:

Loss on sale of receivable D44400

Explanation:

First, we have to calculate Loss on Sale of Receivable

Accounts receivable factored 600,000

Finance charge (8% -3%) 5%

Finance charge on receivables (600,000 x 5%) 30,000

Hold back (%) 3%

Due from factor (600,000 x 3%) 18,000

Recourse obligation (600,000 x 2.4%) 14,400

Loss on Sale of Receivable (30,000 + 14,400) 44,400

Now, we show the effect of factoring:

-------------------------------------------------------------------------------------------------------------------------------------------------------

Assets Liabilities Equity

--------------------------------------------------------------------------------------------------------------------------------------------------------

Cash (600,000x92%) I552000 Recourse obligation I14400 Loss on sale of receivable D44400

Due from factor I18000

Accounts receivable D600000

Hope this helps!

6 0

3 years ago

One year ago, JK Mfg. deposited $12,000 in an investment account for the purpose of buying new equipment four years from today.

Lyrx [107]

Answer:

Total FV= $46,008.31

Explanation:

Giving the following information:

Deposit 1= $12,000

Deposit 2= $15,000

Deposit 3= $10,000

Interest rate= 0.055

To calculate the future value, we need to use the following formula on each deposit:

FV= PV*(1+i)^n

FV1= 12,000*(1.055^5)= 15,683.53

FV2= 15,000*(1.055^4)= 18,582.37

FV3= 10,000*(1.055^3)= 11,742.41

Total FV= $46,008.31

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3 years ago

A business student is preparing for the Graduate Management Admission Test (GMAT) so he can get into a good graduate business sc

kogti [31]

Answer:

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Explanation:

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Two or maybe more parties to expectations that are unmet.
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4 years ago

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Oksana_A [137]

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3 years ago