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AleksandrR [38]
3 years ago
14

Metro Inc. has two production departments (Lamination and Molding) and three service departments (Human Resources, Technology Su

pport, and Purchasing). Service department costs are allocated to production departments using the direct method. The $200,000 costs of Human Resources are allocated based on the number of employees in each production department. The Lamination department has 40 employees and the Molding department has 120 employees. Using the direct method of allocating service department costs to production departments, how much of the Human Resource service department costs should be allocated to the Lamination Department
Business
1 answer:
eimsori [14]3 years ago
7 0

Answer:

Lamination= $50,000

Explanation:

Giving the following information:

Metro Inc. has two production departments:

Lamination and Molding

Three service departments:

Human Resources, Technology Support, and Purchasing.

The $200,000 costs of Human Resources are allocated based on the number of employees in each production department.

The Lamination department has 40 employees.

The Molding department has 120 employees.

Proportion of employees:

Lamination= 40/160= 25%

Molding= 120/160= 75%

Allocation:

Lamination= 200,000*0.25= $50,000

Molding= 200,000*0-75= $150,000

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Answer:

The correct answer is C. Cemex, the largest cement producer in Mexico, generates about half of its income from outside Mexico.

Explanation:

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3 years ago
Two brothers each open IRAs in 2009 and plan to invest $3,000 per year for the next 30 years. John makes his first deposit on Ja
Goryan [66]

Answer:

Future value of John's investment

FV = A<u>(1+r)n+1 - (1+r) </u>

                   r

Fv = $3,000<u>((1 + 0.07)30+1 - (1 +0.07))</u>

                           0.07

FV = $3,000<u>((1.07)31 - (1.07)</u>

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FV = $3,000 x 101.0730414

FV = $303,219

Future value of Bill's investment

FV = A<u>((1 + r)n - 1)</u>

                r

FV = $3,000 <u>((1 + 0.07)</u>30 - 1)

                          0.07

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