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jek_recluse [69]
3 years ago
11

Splash Co. identifies the following activities that pertain to manufacturing overhead for its production of water polo balls, fo

r each activity, identify an appropriate cost driver.
Activity Cost Driver
Materials handling
Machine setups
Factory machine maintenance
Factory supervision
Quality control
Business
1 answer:
Sphinxa [80]3 years ago
8 0

Answer and Explanation:

The cost driver refers to the change in the activity units level with respect to the change in activity cost

There are various activities held and according to that the cost driver is also there so that it could be allocated

Just like

Activities                      Cost driver

1) Materials handling - Number of Requisitions

2) Machine setups - Number of Setups

3) Factory machine maintenance - Machine Hours Used

4) Factory supervision - Number of Employees

5) Quality control - Number of Inspections

Material handling should be based on allocating in the number of requisitions

And the same is applied for other activities

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Lavender Furniture established itself in 1965 as a small firm. It was situated on a small stretch of land located miles away fro
marshall27 [118]

Answer:

B) Resources

Explanation:

Since Lavender Furniture sold high quality products and had an efficient management, it was able to acquire and manage several assets including a larger plot of land for its facilities, better machinery, more employees and a highly recognized brand name. All of these are valuable resources, most of them are tangible (land, machinery and labor), but they were also able to develop an intangible resource such as a highly recognized brand name which can really be valuable.

3 0
3 years ago
Pharoah Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $390,600. The estimated fair
BabaBlast [244]

Answer:

Land = 65100.001

Building = 238699.999

Equipment = 86799.99

Explanation:

Total Asset Fair Value = Land + Building + Equipment

Total Asset Fair Value = $74,400+$272,800+$99,200

Total Asset Fair Value = $446400

Recorder Amount

Land = $74,400/$446400 * $390,600

Land = 65100.001

Building = $272,800/$446400 * $390,600

Building = 238699.999

Equipment = $99,200/$446400 * $390,600

Equipment = 86799.99

3 0
3 years ago
The environment of business impacts all of the other environmental influences
bija089 [108]

Explanation:

The global environment affects all of the other environmental influences such as the economic, legal, and social environments because: the increase in free trade among nations and technological changes have created globalization and increased competition.

hope it will help you

7 0
1 year ago
The basic earnings per share and the diluted earnings per share would have quite different values for a firm that relied heavily
S_A_V [24]

Answer: TRUE

Explanation:BASIC EARNINGS PER SHARE is a term used in the financial Securities market to mean the NET INCOME available to common shareholders.

DILLUTED EARNINGS PER SHARE is a term used in the financial Securities market to describe the outstanding profits available to common shareholders, after all the preferred stocks, warrants,convertible securities have been converted to common stocks.

Preferred stocks are also called hybrid stock, because it has certain features of common stock and convertible securities,it has a higher priority than common stock to payment of dividend etc.

Convertible debt securities are debt securities which can be converted to common stocks.

It basic earnings and diluted earning per share will definitely not be the same for such a firm.

7 0
2 years ago
A semiconductor company has established a plant overseas in South Africa, where the power grid is somewhat unreliable. Which of
Leya [2.2K]

Answer:

A. Infrastructure

Explanation:

Economic risks refers to the likelihood of a country's macroeconomic conditions affecting investments or domestic/foreign businesses prospect. There are various forms of economic risks. In this case, Infrastructure is the main economic risk affecting the semi-conductor company. Due to the fact that the power grid of south Africa is somewhat reliable and the company needs it for continuous manufacturing process, by moving to south Africa, they bear the risks of infrastructure (economic risks)

3 0
3 years ago
Read 2 more answers
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