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
vazorg [7]
3 years ago
15

Nissley Wedding Fantasy Corporation makes very elaborate wedding cakes to order. The owner of the company has provided the follo

wing data concerning the activity rates in its activity-based costing system: Activity Cost Pools Activity Rate Size-related $ 1.15 per guest Complexity-related $ 28.24 per tier Order-related $ 74.74 per order The measure of activity for the size-related activity cost pool is the number of planned guests at the wedding reception. The greater the number of guests, the larger the cake. The measure of complexity is the number of tiers in the cake. The activity measure for the order-related cost pool is the number of orders. (Each wedding involves one order.) The activity rates include the costs of raw ingredients such as flour, sugar, eggs, and shortening. The activity rates do not include the costs of purchased decorations such as miniature statues and wedding bells, which are accounted for separately. Data concerning two recent orders appear below: Tijerina Wedding Twersky Wedding Number of reception guests 45 120 Number of tiers on the cake 3 5 Cost of purchased decorations for cake $ 28.40 $ 54.66 Assuming that the company charges $470.60 for the Twersky wedding cake, what would be the overall margin on the order?
Business
1 answer:
Scrat [10]3 years ago
6 0

Answer:

$62.00

Explanation:

Given data (Twersky Wedding):

Size-related:               $1.15/guest

Complexity-related:   $28.24/ tier

Order-related:            $74.74/order

Guests:                        120

Tiers                             5

Order                            1

Calculations:

Size related ($1.15 per guest × 120 guests):            $138.00

Complexity-related ($28.24 per tier × 5 tiers):        $141.20

Order-related ($74.74 per order × 1 order):             $74.74

Cost of purchased decorations for cake:                $54.66

______________________________________________

Total cost                          $408.60

Charges                            $470.60

Overall margin = Charges - Total cost = $470.60 - $408.60 = $62.00

Hope this helps!

You might be interested in
Firm A employs a high degree of operating leverage; Firm B takes a more conservative approach. Which of the following comparativ
Aneli [31]

Answer:

Statement B is correct.

Explanation:

High Operating Leverage represents higher fixed cost in comparison to variable cost, and thus that means the company will get its break even earlier or we can say with low units, but after break even profits will be higher.

As in the given case Firm A has higher Operating Leverage than Firm B, thus Firm A has lower Break even point but eventually its profit after reaching break even will grow higher.

Thus, Statement B is correct

4 0
3 years ago
Why might one firm have positive cash flows and be headed for financial trouble?
Katena32 [7]
A cash flow statement merely describes the net change in a company's cash flow in investment, operational, and financial activities at a given period in time. As such, a bad debt in the company's portfolio cannot be reflected correctly in the cash flow statement. A company can also result to selling products at a much lower prices than it purchased them. While this is reflected in the cash flow statement, it does not translate into overall profitability of the concerned company.
6 0
3 years ago
How do you get brainlist
miss Akunina [59]

Answer:

To get brainliest, you have to provide a very good answer, and the person who asked the question can pick your answer to be brainliest using a bottom right of the question icon. A brainliest answer probably helped the user, and they are happy enough with your question to award you this.

Explanation:

8 0
4 years ago
Rent collected in advance is: Multiple Choice A shareholders' equity account in the balance sheet. A temporary account, not in t
gulaghasi [49]

Answer:

A liability account in the balance sheet.

Explanation:

When rent is collected in advance, the entries required to be recognized at the point of collection is as follows;

Debit Cash account

Credit Unearned/Deferred rental revenue

The cash account is an asset while the Unearned/Deferred rental revenue is a liability account.

As such, the collection of rent in advance is A liability account in the balance sheet.

3 0
3 years ago
Which of the following is an example of a successful effort at branding?
ruslelena [56]

The correct answer is B. The word "google" has been added to the dictionary.

Explanation:

Branding implies making the name, symbol, and purpose of a company identifiable for the customers. This means, the customers known the purpose of the company, its products, and they can easily remember the name of it, which is important to make a company stood out over similar companies. Additionally, branding often implies customers associate any element of the company with positive ideas.

Branding can be seen in the case of Google company and the fact the name of the company was added to the dictionary because this shows the name of the company and products of it are identified by thousands of consumers, which shows how effective was the branding strategy of the company to define the identity of the company and convey this idea to customers.

7 0
3 years ago
Other questions:
  • Due to dropping sales, a company that manufactures soaps begins to sell them to restaurants and hotels to extend their product's
    9·1 answer
  • You can see that you have hundreds of visitors to your website each month. You are using web analytics software to find why this
    9·1 answer
  • John is a drummer who purchases his drumsticks online. When practicing with the newest pair, he notices they feel heavier than u
    13·1 answer
  • Which of the following statements is CORRECT?
    13·1 answer
  • Why is the stock market essential for companies and investors
    12·1 answer
  • Two reasons why people are hesitant to report corruption
    6·1 answer
  • Discuss the following statement: "Real GDP has decreased for two quarters in a row; we definitely are living through a contracti
    15·1 answer
  • In the development stage, GoPro engineers and designers use a 3-D printer to turn an idea into a product ________ to check the d
    13·1 answer
  • An increase in government spending shows up exclusively as a change in real gdp when?
    5·1 answer
  • If a newly hired person is employed by a broker-dealer and will be offering mutual fund shares, she can become finra registered
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!