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kati45 [8]
3 years ago
7

DC Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a s

alary of $66,500 annually and one salaried estimator who is paid $50,000 annually. The corporate office has two office administrative assistants who are paid salaries of $61,750 and $46,750 annually.
The president's salary is $169,500. How much of these salaries are common fixed expenses?

a.$169,500

b.$278,000

c.$108,500

d.$330,500
Business
2 answers:
Nataly_w [17]3 years ago
5 0

Answer:

b. $278,000

Explanation:

A fixed cost that supports the functions of more than one segment of the business but it is not directly attributable to any specific segment.

The Salary of office administrative assistants and  President's salary is a common fixed cost because they perform for the multiple segment of the business and Not Directly attributable to any single segment. Whereas Site Supervisor and Estimator are working on a specific project / segment. So their cost will be project's fixed cost.

Common fixed Expense = office administrative assistant's Salary + President's Salary = $61750 + $46,750 + $169,500 = $278,000

labwork [276]3 years ago
3 0

Answer:

Correct option is B.

$278,000

Explanation:

Common Fixed Expenses = Office Administrative Assistant + Office Administrative Assistant + President's Salary

Common Fixed Expenses = $61,750 + $46,750 + $169,500

Common Fixed Expenses = $278,000

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solniwko [45]

Answer:

Allura’s Little Robotics Company sells Good S in a perfectly competitive market with a downward-sloping demand curve and an upward-sloping supply curve. The market price is $62 per unit.

6 0
2 years ago
Mr. Baxter IV, would like to retire in 26 years. He would like to accumulate $1,500,000 at the time of retirement to live a cont
Vinvika [58]

Answer:

Monthly deposit=  $840.74

Explanation:

Giving the following information:

Number of periods= 26*12= 312 months

Future Value= $1,500,000

Interste rate= 0.11/12= 0.0092

<u>To calculate the monthly deposit, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,500,000*0.0092) / [(1.0092^312) - 1]

A= $840.74

6 0
3 years ago
$511,000 bond issue sold for $483,000. Therefore, the bonds: Multiple Choice Sold for the $511,000 face amount less $28,000 of a
Brrunno [24]

Answer: Sold at a discount because the market interest rate was higher than the stated rate. S

Explanation:

the bonds was Sold at a discount because the market interest rate was higher than the stated rate. This is as a result of the bonds issued which were at a discount having its market price way lower than its face value. Bonds tends to be sold at a discount when the market interest rate has exceeded the stated rate of the said bond.

6 0
2 years ago
In the role of a cultural steward, an HR manager primarily:A. administers day-to-day work of managing people.B. facilitates an o
statuscvo [17]

Answer:

(B) facilitates an organization’s culture and helps to build and strengthen or change that culture.

Explanation:

HR manager here refers to human resources manager, someone whose duties tend to revolve in the management and development of a company’s employees. There are many roles that an HR manager can take, from administrative expert (as described by option A), business partner (as described  by option D & E), and of course, a cultural steward.  

3 0
3 years ago
The management of Furrow Corporation is considering dropping product L07E. Data from the company’s budget for the upcoming year
Maru [420]

Answer:

Sales                                                                              950,000

Less: Relevant cost:

Variable expenses                                                         380,000

Avoidable fixed manufacturing expenses                    217,000

Avoidable fixed selling and administrative expenses  178,000

Contribution                                                                    175,000

The total profit of Furrow Corporation reduces by $175,000 if the product is discontinued.

Explanation:

In this question, there is need to determine contribution, which is the excess of sales over relevant costs. Relevant costs are comprised of variable cost and avoidable fixed costs. The product should not be discontinued since the contribution is positive. Deleting a product with positive contribution reduces the total profit of the company by the amount of positive contribution.

7 0
3 years ago
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