1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Julli [10]
3 years ago
13

The receiving department of Owen has three activities: unloading, counting goods, and inspecting. Unloading requires a forklift

that is leased for $15,000 per year. The forklift is used only for unloading. The fuel for the forklift is $2,000 per year. Inspection requires special testing equipment that has a depreciation of $500 per year and an operating cost of $1,000 per year. Receiving has four employees who each have an average salary of $35,000 per year. The work distribution matrix for the receiving personnel is as follows:Percentage of TimeActivity on Each ActivityUnloading 25%Counting 40%Inspecting 35%Calculate the cost of counting.a.$54,000b.$50,500c.$52,000d.$56,000
Business
1 answer:
Drupady [299]3 years ago
5 0

Answer:

d.$56,000

Explanation:

For computing the cost of counting, first we have to calculate the total salary amount which is shown below:

Total Salary = Average salary × number of employees

                    = $35,000 × 4 employees

                    = $140,000

Now the cost of counting would be equal to

= Total salary × counting percentage

= $140,000 × 0%

= $56,000

You might be interested in
Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 3.1 pound
photoshop1234 [79]

Answer:

Contribution margin per pound

K1  - $16.90

S5 - $8.60

G9  - $10.40

Explanation:

Both sales and variable cost are dependent on the number of units sold.

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

The contribution margin per pound for each of the three products is the ratio of the contribution margin per unit of a product to the number of pounds required per unit of that product.

                                           K1                  S5                        G9

Selling price                      $147.39        $112.64                 $215.56

Variable costs                     $95.00       $92.00                 $149.00

Contribution margin            $52.39       $20.64                 $66.56

Pounds per unit                       3.1                2.4                       6.4

Contribution margin/pound  $16.90       $8.60                   $10.40

7 0
3 years ago
Why do businesses use letterheads and logos?
scoray [572]
The answer is A. Hope I could help.
5 0
3 years ago
In risk management, what does risk evaluation involve?
Annette [7]

In risk management, risk evaluation involve Risk resolution. The evaluation process is carried out by management.

<h3 /><h3>What is Risk?</h3>

Risk is the threat of things going wrong or having a negative impact on the operations of the organization. The risk can be of many types including and not limited to audit risk, control risk, credit risk, business risk, inherent risk, financial risk and more.

Risk is evaluated by the management to minimize the effects and mitigate the risk. There are several steps that are performed to analyze the risk and many ways are there to lower the effects of risk.

Risk resolution is the management strategies to analyze the risk and the best ways to mitigate the effects. Transfer the risk, avoid the risk by changing the decision, reduce and accept.

Learn more about Risk at brainly.com/question/27247805

#SPJ1

4 0
2 years ago
Each of the following independent events requires a year-end adjusting entry. Show how each event and its related adjusting entr
Tatiana [17]

Answer:

1. Prepaid insurance (Dr.) $6,300

  Cash (Cr.) $6,300

2. Cash (Dr.) $15,300

   Unearned Income (Cr.) $15,300

3. Purchases (Dr.) $1,750

   Accounts payable (Cr.) $1,750

   Cost of Goods Sold (Dr.) $1,620

   Ending Inventory (Dr.) $130

   Purchases (Cr.) $1,750

4. Prepaid office rent (Dr.) $6,300

   Cash (Cr.) $6,300

Explanation:

The adjusting entry is a journal entry recorded at end of accounting period to adjust events or transactions to comply with the accrual concept.

The closing entries are journal entries required to close a transaction or event in the period. The purpose is to follow matching concept of accounting.

7 0
3 years ago
Within the relevant range, variable costs can be expected to: Multiple Choice remain constant in total as the activity level cha
Rudiy27

Vary in total in direct proportion to changes in the activity level. As this cost increase or decrease, the output level.

<h3>What is the variable cost dependency?</h3>

Variable costs are proportional to output, resulting in a fixed sum per unit produced. It indicates that when more products are manufactured, variable costs will rise; conversely, if fewer products are manufactured, variable costs will fall.

Thus, option C is correct.

For more details about variable cost dependency, click here:

brainly.com/question/17042175

#SPJ1

8 0
2 years ago
Other questions:
  • In selecting machine usage as the primary cost driver of overhead costs for the Production​ Department, management feels that th
    14·1 answer
  • Please determine which economic feature is described by the statements below. A __________ occurs as the result of a significant
    12·2 answers
  • At the intersection of the short-run aggregate supply curve, the aggregate demand curve, and the long-run aggregate supply curve
    7·1 answer
  • How do the rhetorical questions in this section set the stage for Mack’s argument and engage his audience?
    9·1 answer
  • Bauer Software's current balance sheet shows total common equity of $5,125,000. The company has 530,000 shares of stock outstand
    9·1 answer
  • In companies that do not have "no lay-off" policies, the total direct labor cost for a budget period is computed by multiplying
    10·1 answer
  • Paul wrote a check to the dentist for $345.69. He’ll use the check register to record his transaction. What will be his new bala
    10·2 answers
  • Suppose Cho comes into a large sum of money and decides to lend it out to
    5·1 answer
  • Jay and Carrie Garrett operate a small retail store in a college town that sells only house plants and accessories, which they n
    9·1 answer
  • Division A offers its product to outside markets for $30. It incurs variable costs of $11 per unit and fixed costs of $75,000 pe
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!