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kati45 [8]
3 years ago
10

University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developi

ng). Management has decided to allocate maintenance costs on the basis of machine-hours in each department and personnel costs on the basis of labor-hours worked by the employees in each. The following data appear in the company records for the current period: Maintenance Personnel Printing Developing Machine-hours — 1,000 1,000 3,000 Labor-hours 500 — 500 2,000 Department direct costs $ 13,000 $ 38,250 $ 47,000 $ 31,500 University Printers estimates that the variable costs in the Personnel Department total $15,000 and in the Maintenance Department variable costs total $7,600. Avoidable fixed costs in the Personnel Department are $5,700. Required: If University Printers outsources the Personnel Department functions, what is the maximum it can pay an outside vendor without increasing total costs? (Do not round intermediate calculations.)
Business
1 answer:
expeople1 [14]3 years ago
6 0

Answer:

First calculate total machine hours

1500 + 1500 + 4500 = 7500 total machine hours

personnel   = 1500/7500 x 4,800

printing   = 1500/7500 x 4,800

developing = 4500/7500 x 4,800

for personnel:

500 printing + 3,500 developing = 4,000

For Departments:

printing        = 500/4,000   x  15,760

developing   = 3,500/4,000x 15,760

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What type of PMO do you think would be the best type to start with if your organization does not have a PMO
klemol [59]

Answer: Controlling PMO

Explanation:

Controlling PMO works as an auditor for the company, tis check the organization tools, processes and ensures if standard are applied in projects. They are known by their level at which they control projects, they manage the project activities and budget. Actions are taken into place when measures are not met in the processes, tools and standard.

6 0
3 years ago
On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $54,480. Calvin Co. has one recorded ass
Sunny_sXe [5.5K]

Answer:

Beckman noncontrolling interest in subsidiary income $10,520

Calvin Machine (net of accumulated depreciation) $71,200

Explanation:

To calculate noncontrolling interest in subsidiary's income;

Revenue    $65,550

Expenses   $39,250 (29,250 + $6,800 + $3,200)

Net Income $26,300

Noncontrolling percentage = 40%

NonControlling Income = $10,520

Depreciation of Machine = \frac{Fair value of Machine - Book value}{estimated useful life}

\frac{78,000 - 10,000}{10 years} = 6,800 per annum

Amortization of trade secrets = \frac{Fair Value Total - Machine value}{Useful life}

Amortization of trade secrets = \frac{90,800 - 78,000}{4 years}

= 3,200

3 0
3 years ago
which organization issues auditing standards, carries out inspections of public accounting firms auditing us public clients, and
Butoxors [25]

The Public Company Accounting Oversight Board (PCAOB) issues auditing standards, carries out inspections of public accounting firms auditing public clients, and imposes sanctions.

<h3>What are sanctions?</h3>
  • Economic sanctions are financial and commercial penalties imposed by one or more nations against a particular self-governing state, group, or person.
  • Economic sanctions may be used for a number of political, military, and social reasons in addition to difficult economic conditions.
<h3> What is The Public Company Accounting Oversight Board (PCAOB)?</h3>
  • The Sarbanes-Oxley Act of 2002 established the Public Company Accounting Oversight Board (PCAOB), a nonprofit organization, to supervise the audits of public companies and other issuers in order to safeguard investor interests and advance the public interest in the creation of informative, accurate, and independent audit reports.
  • In order to protect investors, the PCAOB also controls the audits of broker-dealers, including compliance reports submitted in accordance with federal securities laws.
  • The U.S. Securities and Exchange Commission must approve all PCAOB regulations and standards (SEC).

Therefore, the Public Company Accounting Oversight Board (PCAOB) issues auditing standards, carries out inspections of public accounting firms auditing public clients, and imposes sanctions.

Know more about nonprofit organizations here:

brainly.com/question/26476622

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7 0
2 years ago
XYZ corporation acquired two inventory items at a lump-sum cost of $100,000. The acquisition included 3,000 units of product 1P,
mina [271]

Answer:

b. $11,250

Explanation:

We are asked to know the gross profit:

gross profit: sales revenue - COGS

in this case sales revenue 1,000 units x $ 30 = 30,000

for COGS we will calculate with weighted average based on the sales price:

3,000 x 30 + 7,000 x 10 = 90,000 + 70,000 = 160,000

the cost of 160,000 dollars of sale is 100,000

we cross multiply for 30,000:

100,000 / 160,000 x 30,000 = 18,750 cost

now we solve for gross profit:

sales 30,000 - cost 18,750 = 11.250

6 0
3 years ago
Summarize how compound interest helps you to accumulate savings even faster.
yulyashka [42]

Answer:

The magic of compound interest happens in a way  that the more you put in, the faster your money grows.

Explanation:

The magic of compound interest happens in a way  that the more you put in, the faster your money grows. The interest you earn on the amount you save also earns interest and this snowballing effect makes you accumulate your savings even faster. For example, if you deposit $100 in a savings account that pays 5% interest per year. At the end of the year, you account will have (5%*100= 5) plus the $100 you deposited, coming to a total of $105. At the end of the second year, your $5 interest earned in year 1 will earn another 5% interest and so will the $100 you initially deposited.

4 0
3 years ago
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