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777dan777 [17]
3 years ago
5

The Sit-N-Spin Corporation manufactures and assembles office chairs. Sit-N-Spin uses an activity-based costing system to allocat

e all manufacturing conversion costs. Each chair consists of 10 separate parts totaling $165 in direct materials, and requires 5.0 hours of machine time to produce. Additional information follows: Activity Allocation Base Cost Allocation Rate Materials handling Number of parts $2.75 per part Machining Machine hours $5.00 per machine hour Assembling Number of parts $1.50 per part Packaging Number of finished units $3.75 per finished unitWhat is the cost of materials handling per chair
Business
1 answer:
Dahasolnce [82]3 years ago
4 0

Answer:

Materials handling Allocation= $27.5

Explanation:

Giving the following information:

Each chair consists of 10 separate parts totaling $165 direct materials and requires 5.0 hours of machine time to produce.

Materials handling= $2.75 per part

Machining=  $5.00 per machine hour

Assembling= $1.50 per part

Packaging= $3.75 per finished unit

Material Handling allocation base is: Number of parts.

Allocation= 10 parts* $2.75= $27.5

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When a firm is given monopoly power, it loses its freedom of contract, and a governmental body is given the power to determine t
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Answer:

The government agency is providing basic and/or essential services that further deepen the interests of members of the public

Explanation:

The assertion that a firm with a monopoly power loses it freedom of contract is very true. Monopolies by its realities come with features that ultimately cater for the interests of the firm, instead of the consumers. One of these is charging an astronomical high price on a particular item of commodity, and not taking cognizance of the purchasing power of the public. A firm could to this, and ultimately get away because its the only delivering such services - the one with the enormous monopoly power. Here, there is no stiff competition among goods that may offer liberty of choices to ordinary consumers.

To mitigate these numerous power of monopolies, governmental body has been giving the power to regulate and maintain an oversight functions. They now determine the provisions of contracts. The main objective of government agency, thus, is to ensure a firm with a monopoly power considers the basic and essential interests of the members of the public - the end users. Here, members of the public are insulated from unnecesary exploitation by the monopolies.

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3 years ago
business ethics chapter 4 friedman's view of the corporate world supports the rights of individuals to make money with their inv
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Answer:

True

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An example of a loan that tends to have a lower interest rate is a(n) __________ loan.
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3 years ago
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Paolucci Corporation's relevant range of activity is 4,000 units to 8,000 units. When it produces and sells 6,000 units, its ave
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Answer:

$12.50

Explanation:

Variable costs are those costs which changes with the change in activity driving the cost (Sales. production etc.). It can be direct or indirect costs.

Whereas fixed costs are those costs which remains constant and do not change with the change in activity.

All the following costs are variable costs

                                                          Average Cost per Unit

Direct materials                                   $6.45

Direct labor                                          $3.30

Variable manufacturing overhead     $1.25

Sales commissions                              $1.00

Variable administrative expense       <u>$0.50</u>

Total variable cost per unit                <u>$12.50</u>

All the following costs are fixed costs.

Fixed manufacturing overhead         $3.00

Fixed selling expense                        $1.05

Fixed administrative expense           $0.60

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3 years ago
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