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elixir [45]
3 years ago
11

Select the items from this list that are examples of misconceptions.

Business
1 answer:
Mamont248 [21]3 years ago
3 0
All of them. Trust me :)) I read that whole chapter in that first section

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The fund has not borrowed any funds, but its accrued management fee with the portfolio manager currently totals $25,000. There a
kvv77 [185]

Answer:

$9.79

Explanation:

The computation of the  net asset value of the fund is shown below:

Net asset value of the fund = Equity ÷ Total outstanding shares

where,

Equity

= Total assets - total liabilities

where,

Total assets equal to

= 220,000 shares × $35 + 320,000 shares × $40 + 420,000 shares × $15 + 620,000 shares × $20

= $7,700,000 + $12,800,000 + $6,300,000 + $12,400,000

= $39,200,000

And, liabilities is $25,000

So, the net asset value of the fund equal to

= ($39,200,000 - $25,000) ÷ (4,000,000 shares)

= $9.79

7 0
2 years ago
EB10.
mafiozo [28]

Answer:

The question is incomplete; the complete question is given below.

Cost Pool Cost Driver Estimated Cost Driver Estimated Overheads

Material     Material requisition     250,000.00         $105,000.00

Machining Machine hours         360, 750         $432,900.00

Inspection Number of inspections  25,000.00          $15,750.00

Answer:

Overhead rate per activity :Material- $0.42,  Machining-$1.2,  Inspection-$6.3

Explanation:

Activity-based costing aims to achieve better product pricing than traditional absorption cost by charging overheads to the product cost more accurately.

Activity-based costing uses cost drivers to charge overheads to cost unit as against the use of of volume-based bases like labour hours, machine hours. Overheads are first traced to the activities responsible for them- the sum is called cost pool. Cost pools are then absorbed into the cost unit using cost driver rates

Cost pool- the sum of the total overheads associated with an activity. E.g <em>$105,000 material requisition overheads.</em>

Cost driver: A factor that causes a change in the cost pool. E.g

<em>250,000 material requisitions.</em>

Cost per driver: A specific overhead absorption rate computed for an activity. It is calculated as follows:

Cost per driver = Estimated activity overheads/Total number of cost drivers

The predetermined overhead rate for each activity is calculated as follow;

Material requisition= $105,000/250,000 requisitions= $0.42 per requisition

Machining = $432,900/360,750 machine hours = $1.2 per machine hour

Inspection= $15,750/ 25,000 inspections = $6.3 per inspection

8 0
3 years ago
In the cell phone mini case, mobile power's money-back guarantee and warrantee are a form of ________ pricing
Talja [164]
I believe its closure.
6 0
3 years ago
ACME Inc.'s contribution margin ratio is 58% and its fixed monthly expenses are $36,000. Assuming that the fixed monthly expense
Elodia [21]

Answer:

$23,740

Explanation:

Given that,

Sales = $103,000

Fixed expenses for the month = $36,000

Contribution margin ratio = 58%

Net operating income:

= (Contribution margin ratio × Sales) - Fixed expenses for the month

= (0.58 × $103,000) - $36,000

= $59,740 - $36,000

= $23,740

Therefore, the best estimate of the company's net operating income in a month when sales are $103,000 is $23,740.

8 0
3 years ago
Carney Company manufactures cappuccino makers. For the first eight months of 2019, the company reported the following operating
cupoosta [38]

Answer:

Total  effect on income= $190,000

Explanation:

Giving the following information:

Sales (500,000 units) $90,000,000

Cost of goods sold 54,000,000

Gross profit 36,000,000

Operating expenses 24,000,000

Net income $12,000,000

An analysis of costs and expenses reveals that the variable cost of goods sold is $95 per unit and variable operating expenses are $35 per unit. In September, Carney Company receives a special order for 40,000 machines at $135 each from a major coffee shop franchise. Acceptance of the order would result in $10,000 of shipping costs but no increase in fixed expenses

Because it is a special offer and there is unused capacity, we will not have into account the fixed costs.

Total unitary cost= 95 + 35 + (10,000/40,000)= 130.25

Contribution margin= 135 - 130.25= 4.75

Total  effect on income= 4.75*40,000= $190,000

7 0
2 years ago
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