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marissa [1.9K]
3 years ago
7

Hane Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activit

y Cost PoolActivity RateAssembling products$8.90per assembly hourProcessing customer orders$31.23per customer orderSetting up batches$43.72per batch Data for one of the company's products follow: Product U94WNumber of assembly hours389Number of customer orders53Number of batches61 How much overhead cost would be assigned to Product U94W using the activity-based costing system
Business
1 answer:
Marina CMI [18]3 years ago
3 0

Answer:

= $7,784.21

Explanation:

<em>Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers. Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.</em>

The amount to be charged to  the product as overhead for each activity

= activity rate × no of cost drivers consumed

= ($8.90 × 389) +( $31.23 × 53 (  $43.72 × 61)

= $7,784.21

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Dirk required surgery for a kidney impairment. His total bill for medical services was $50,000. Dirk has a medical expense polic
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Answer:

$44,000

Explanation:

Calculation to determine how much of the $50,000 bill will the insurer pay

Total bill for medical services $50,000

Less medical expense policy calendar-year deductible ($1,000)

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Bill payment $44,000

($50,000-$1,000-$5,000)

Therefore how much of the $50,000 bill will the insurer pay is $44,000

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3 years ago
Suppose that a worker in Radioland can produce either 4 radios or 1 television per year, and a worker in Teeveeland can produce
olga_2 [115]

Answer:

300 radios, 100 televisions in Radioland and 100 radios, 300 televisions in Teeveeland

Explanation:

This question has been answered by in two parts

1. Radioland

Each worker can produce either 4 radios or 1 television

The country has a total of 100 workers

Radioland specializes in radio production because it has comparative advantage in this good, therefore Radioland will only produce radios.

Therefore, the total number of radios it will produce per year

= 4 radios per worker * 100 workers

= 400 radios.

If Radioland trades 100 radios to Teeveeland in exchange for 100 televisions each year, Radioland will end up with

= 400 radios - 100 radios (to Teeveeland) + 100 televisions (from Teeveeland)

= 300 radios + 100 televisions in Radioland.

2. Teeveeland

Each worker can produce either 2 radios or 4 televisions

The country has a total of 100 workers

Teeveeland specializes in television production because it has comparative advantage in this good, therefore teeveeland will only produce television.

Therefore, the total number of televisions it will produce per year

= 4 televisions per worker * 100 workers

= 400 televisions.

If Teeveeland trades 100 televisions to Radioland in exchange for 100 radios each year, Teeveeland will end up with

= 400 televisions - 100 televisions (to Radioland) + 100 radios (from Radioland)

= 300 televisions + 100 radios in Teeveeland.

3 0
3 years ago
Sawchuck Consulting has been profitable for the last 5 years, but it has never paid a dividend. Management has indicated that it
Scorpion4ik [409]

Answer:

The correct answer is d

5 0
3 years ago
Read 2 more answers
Bạn chọn yếu tố nào để định vị bản thân trong tương lai, góp phần nâng cao khả năng tìm kiếm việc làm? Trình bày kế hoạch để thà
kap26 [50]

Answer:

quan trọng bản thân thật sự thích cái gì và học chuyên môn về cái mình thíc

Explanation:

3 0
3 years ago
You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery
bazaltina [42]

Answer:

-$2.4

Explanation:

Costs of lottery ticket $10 per ticket.

100 tickets available to be sold

One $430 prize

two $105 prizes

four $30 prizes

100 available tickets -7 prizes= 93

P(430) = 1/100

P(105) = 2/100

P(30) = 4/100

P(-10) = 93/100

-10(93/100) + 30-10 (4/100) + 105-10 (2/100) + 430-10 (1/100)

= -10(93/100) + 20(4/100) + 95(2/100) + 420(1/100)

= -9.3 + 0.8 + 1.9 + 4.2 = -2.4

Therefore the expected loss will be $2.4

5 0
3 years ago
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