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erica [24]
3 years ago
7

TP4.

Business
1 answer:
timofeeve [1]3 years ago
7 0

Answer:

There would be no under-applied or over-applied overhead since the overhead applied will be equal to budgeted overhead.

Explanation:

Overhead application rate is the ratio of budgeted overhead to budgeted activity level. Overhead applied is overhead application rate multiplied by actual activity level. Under/over-applied overhead is the difference between overhead applied and budgeted overhead.

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Larry estimates that the costs of insurance, license, and depreciation to operate his car total $320 per month and that the gas,
agasfer [191]

Answer:

See below

Explanation:

The question above is incomplete. The concluding part is

b. Would it be meaningful for Larry to calculate an estimated average cost per mile for a typical 1,400 mile month. Yes or No

Given the above information,

a. Total number of miles driven = 1.529 miles

Total cost = Fixed cost + Variable cost × Number of miles driven

= $320 + $0.14 × 1,529

= $320 + $214.06

= $534.06

b. Since $320 per month is the fixed, the fixed cost per mile will decrease with the increase in number of miles driven . It means that if he drives less than 1,400 miles , the actual cost will be more than the cost based on predetermined overhead rate of the cost.

No. It would not be meaningful for Larry to calculate an estimated average cost per mile for a typical 1,400 mile month.

3 0
3 years ago
The asymmetric information problem _____
irga5000 [103]
The correct answer is letter C
3 0
3 years ago
What might be considered an example of a ruthless business tactic?
guajiro [1.7K]

Answer:

Denying your competition with the resources it needs to perform a deal and then getting the deal for your own company.

Explanation:

Ruthless is defined as having no pity or compassion. A ruthless business man is commonly described as taking advantage of others and engage in corrupt business practices.

The perfect example for a ruthless business man was John Rockefeller, who started wars in different continents, bribed government officials, and cheated on competing oil firms, etc.,etc.,etc.

5 0
3 years ago
The payments a business makes for investing in capital expenses are known as : A) profits
blsea [12.9K]
The answer for this question is A.
7 0
3 years ago
Read 2 more answers
Projects A and B are mutually exclusive and have an initial cost of $82,000 each. Project A provides cash inflows of $34,000 a y
MrRissso [65]

Answer:

If discount rate is 11.7% Project B should be accepted.

If discount rate is 13.5% both projects should be rejected

Explanation:

If the Net present value of Project A is higher than that of project B, we will accept project A and vice versa.

<u>Under 11.7% Discount Rate</u>

Net Present Value-Project A = -82000 + 34000 / 1.117  +  34000 / 1.117²  +   34000 / 1.117³  = $85.099

Net Present Value-Project B = -82000 + 115000 / 1.117³ = $516.029

Project B should be accepted as it has a higher NPV.

<u />

<u>Under 13.5% Discount Rate</u>

Net present Value-Project A = -82000 + 34000 / 1.135 + 34000 / 1.135² + 34000 / 1.135³   = - $2397.49

Net Present Value-Project B = -82000 + 115000 / 1.135³  = - $3347.91

Both projects should be rejected as both have negative NPVs

7 0
3 years ago
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