What are the main advantages of volume-based allocation methods compared to activity-based costing?

Which of the following was a way that wartime industry shifted in the years following the war to promote economic prosperity and

Lisa [10]

Answer: a. The government shifted its resources from defense spending to helping big industries like the auto industry.

Explanation:

The era after the second world war saw massive government spending in the American economy. The government invested heavily in construction, education, the auto industry and others.

This led to unparalleled prosperity as Americans enjoyed high employment and high growth rates which led to high consumption and investments such that the American economy surged forward in leaps and bounds.

7 0

3 years ago

Given the following historical demand, what is the weighted moving average forecast (0.4, 0.3, 0.3) for Week 6?

Roman55 [17]

Answer:

The correct option is B. 9200.

Explanation:

This can simply be answered as follows:

$F_{6} =(D_{5}*W_{5})+(D_{4}*W_{4})+(D_{3}*W_{3})$ .................. (1)

Where:

$F_{6}$ = Weighted moving average forecast (0.4, 0.3, 0.3) for Week 6 = ?

$D_{5}$ = Week 5 demand = 11,000

$D_{4}$ = Week 4 demand = 9,000

$D_{3}$ = Week 3 demand = 7,000

The (0.4, 0.3, 0.3) implies that:

$W_{5}$ = Weight of Week 5 demand = 0.4

$W_{4}$ = Weight of Week 4 demand = 0.3

$W_{3}$ = Weight of Week 3 demand = 0.3

Substituting all the relevant values into equation (1), we have:

$F_{6}$ = (11,000 * 0.40) + (9,000 * 0.30) + (7,000 * 0.30) = 9,200

Therefore, the correct option is B. 9200.

7 0

3 years ago

Anderson Corporation has provided the following production and average cost data for two levels of monthly production volume. Th

nata0808 [166]

Answer:

Option (D) is correct.

Explanation:

Calculation of total manufacturing overhead:-

4000 units manufacturing overhead:

= Production volume × Manufacturing overhead

= 4,000 × $94

= $376,000

5000 units manufacturing overhead:

= Production volume × Manufacturing overhead

= 5,000 × $77.60

= $388,000

Variable cost per unit:

$=\frac{5000\ units\ manufacturing\ overhead-4000\ units\ manufacturing\ overhead}{1000}$

$=\frac{388,000-376,000}{1000}$

= 12

Fixed cost = Total cost - variable cost

= $388,000 - 5,000 × 12

= $388,000 - $60,000

= $328,000

So total monthly fixed manufacturing cost is $328,000.

7 0

3 years ago

It costs Sheridan Company $28 of variable costs and $17 of allocated fixed costs to produce an industrial trash can that sells f

Mashutka [201]

Answer:

Option (C) is correct.

Explanation:

Variable costs = $28

Allocated fixed costs = $17

Selling price = $84

Due to acceptance of M offer, S would be got excess contribution margin per unit. Because acceptance selling price ($34) is greater than the variable cost per unit ($28).

We don't have any information about the fixed cost due to acceptance. Therefore, we assumed that fixed cost is not increased.

Increased contribution margin per unit:

= Selling price - Variable cost

= $34 - $28

= $6

For 3,000 units, Increased contribution margin = 3,000 × $6

= $18,000

Therefore, net income is increased by $18,000 when the offer is accepted.

6 0

3 years ago

Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we woul

erma4kov [3.2K]

In the market for personal computers, we would expect the Equilibrium quantity to rise and the change in the equilibrium price to be ambiguous.

<h3>What is equilibrium quantity?</h3>

When there is no shortage or surplus of a product on the market, it is said to be in equilibrium quantity.
When supply and demand meet, the amount of an item that consumers want to buy equals the amount supplied by its producers.
The equilibrium price is the only price at which consumers' and producers' plans coincide—that is, the amount consumers want to buy of the product, quantity demanded, equals the amount producers want to sell, quantity supplied.
Assume there is an increase in both supply and demand for personal computers.
The Equilibrium quantity would then rise in the market for personal computers, while the change in the equilibrium price would be ambiguous.

Therefore, in the market for personal computers, we would expect the equilibrium quantity to rise and the change in the equilibrium price to be ambiguous.

Know more about equilibrium quantity here:

brainly.com/question/22569960

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The correct question is given below:

Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect the Equilibrium quantity to ______ and the change in the equilibrium price to be __________

8 0

2 years ago