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4 years ago

Harbour Company makes two models of electronic tablets, the Home and the Work. Basic production information follows:

Business

1 answer:

SashulF [63]4 years ago

6 0

Answer:

Instructions are below.

Explanation:

First, we need to calculate the predetermined overhead rate:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 180,660/2,600

Predetermined manufacturing overhead rate= $69.49 per machine hour

Now, we can allocate overhead to each product line:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Home= 69.49*1,200= $83,388

Work= 69.49*1,400= $97,286

b) We need to determine the unitary cost for each product:

Home:

Unitary cost= 38 + 23 + (83,388/620)= $195.50

Work:

Unitary cost= 72 + 40 + (97,286/490)= $310.54

c) Gross margin= selling price - unitary cost

Home:

Gross margin= 359 - 195.5= $163.4

Work:

Gross margin= 573 - 310.54= $262.46

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Adam Smith, the father of

Nonamiya [84]

Answer:

The "diamond-water" paradox.

Explanation:

Adam Smith in his book The wealth of nations posted a question consisting the comparison between the price of diamond and water.

His idea was that why the price of diamond is so high as it has no importance in human life, and why the price of water is so low when it is highly significant for human life. One cannot die, if he doesn't have a diamond under his pillow although he will die if water is not given to him for days.

3 0

4 years ago

When applying for jobs, job seekers often focus on a desired salary while ignoring other aspects of the job offer such as benefi

Lena [83]

Answer:

A) anchoring bias

Explanation:

Anchoring bias refers to a common mistake of relying heavily on the first information that we get, or in this case, the first information that we look for.

We all tend to suffer from anchoring bias, that is why it is one of the oldest sales techniques. Everyone has seen an ad that states a before price and a discount price. If the difference between the before price and the after price are significant, then we will consider that it is a bargain. Or a salesperson first shows us an expensive product, and then shows us a similar but lower priced product, we tend to believe the second product is cheap.

When most of us look for a job, of course we focus on the salary, since we want to work to earn money. But only focusing on the salary is seeing only half the picture, although the most important half. Other associated benefits or costs are usually not considered, e.g. a high paying job might also require dressing formally or spending a lot of time travelling.

3 0

4 years ago

You are working part-time at a road construction firm. your boss knows you are learning some statistics in your classes this sem

____ [38]

Missing data can found here https://www.dropbox.com/s/u5t2sjj7pglu7iw/CIData%20%281%29.txt?dl=0
The first step is to calculate the mean of the data provided.
$\mu=\frac{a_1+a_2+a_3\cdots a_k}{k}$
k is a number of points in our data set.
The mean for our data set is $\mu=145.80$ .
Now we need to find the range associated with confidence level required.
Z score associated with a confidence level of 80% percent is 1.28.
We know that our range has to be $z\cdot\delta$ in order for us to be 80% confident in our result. As the confidence level rises z score associated with it also rises. This makes sense because the broader your range is more confident you are that measurement will fall within that range.
The final answer would be:
$\rho=\mu \pm z\delta=145.80 \pm 3.39$

5 0

3 years ago

If overall interest rates in the economy fall, then a corporate bond with a fixed interest rate will decrease in value. true or

Karolina [17]

Answer:

False

Explanation:

The statement is false, as a decrease in the overall interest rate increases the overall worth of a bond which pays fixed interest rate payments. The public will demand more bonds with fixed interest rate payments, and the demand for bonds with flexible interest payments will decrease likewise. This is the main reason why the face value of bonds with fixed interest rate payments is usually higher than flexible bonds because they are less risky.

8 0

4 years ago

Before year-end adjusting entries, Waterway Industries's account balances at December 31, 2020, for accounts receivable and the

dimaraw [331]

Answer:

The accounts receivable amount expected to be collected after adjustment is:

1382000

Explanation:

Account Receivable Allowance Net Receivable

Begining balance_________1510000_______91400____1418600

_____________________________36600___-36600

Ending balance___________1510000______128000____1382000

The accounts receivable amount expected to be collected after adjustment is:

1382000

3 0

3 years ago