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riadik2000 [5.3K]
3 years ago
6

Washington, Inc. produces two different products (Product C and Product 2) using two different activities: Machining, which uses

machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $900,000, while the cost of Inspection is $41,080. The activity drivers are used as follows:
Product C Product 2 Total
Machine hours 1,100 3,800 4,900
Number of batches 49 17 66

What is the activity rate for Inspection?
Business
1 answer:
mariarad [96]3 years ago
5 0

Answer:

  =  $622.42 per inspection

Explanation:

<em>Under activity-based costing method, overheads are charged to units produced using cost drivers unlike the traditional absorption costing where overhead are charged using volume-related bases only like direct labour hours.</em>

<em>Cost drivers are the most important factors that cause a change in the amount of overhead incurred. For example, an appropriate cost driver for ordering cost would be the number of orders processed. And this would be used to charged overhead among the products responsible for the overheads</em>

<em>Overheads Activity rate = Activity overhead / number of cost drivers</em>

Activity rate for inspection = inspection cost/ Total number of batches

    =  $41,080/ (47+17) batches

  =  $622.42 per inspection

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Williams Corp. is considering signing contracts that will obligate the firm to purchase 100000 Swiss Francs worth of computer eq
ella [17]

Answer:

$80,000

Explanation:

Given that at the end of each quarter, William corporation will purchase 100,000 Swiss francs worth of computer equipment for next 2 years. A local high school will still purchase this computer equipment at $89,000 each quarter for the next 2 years.

This means, we have the following:

Cost of purchase = 100,000 * number of quaters = 100,000 * 8 = 800,000

Convert to USD at an exchange rate of $0.79 = 800,000 * 0.79 = $632,000

Cost of purchase in USD = $632,000

Also, find the revenue generated after selling the computer equipments to the high school.

Revenue generated = $89,000 * number of quaters = $89,000 * 8 = $712,000

Williams' profit or loss would be calculated using the following:

Profit(loss) = Revenue generated - Cost of purchase

= $712,000 - $632,000

= $80,000

Since we have a positive value, Williams would make a profit of $80,000 through out the life of the contract.

4 0
3 years ago
The Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968, requires that lenders do all of the fo
antiseptic1488 [7]

Answer:

Give consumers copies of their credit reports.

Explanation:

In Business, credit can be defined as money or a loan facility agreed upon by a lender and a borrower, who is obligated to repay the lender at a specified date mostly with interest depending on the terms and conditions.

The Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968 is a federal law of the United States of America that was enacted by the 91st US Congress and signed into law by President Richard Nixon on the 26th of October, 1970.

The main purpose of this federal law is to protect consumer reports and information by promoting accuracy, fairness, and privacy collected by consumer reporting agencies.

However, the Fair Credit Reporting Act, or Title VI of the Consumer Credit Protection Act of 1968, do not require that lenders give consumers copies of their credit reports.

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Factors of production are the parts of the economy that: c. are necessary for creating goods and services.

Option C
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¥114.96/€

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An intermarket arbitrage opportunity is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different currencies in the foreign exchange market. Trading in foreign exchange takes place worldwide, the major currency trading centers are located in  London, New York, and Tokyo.

In the given question, if you reverse all three exchange rates by calculating 1/rate (change yendollar into dollaryen and so forth), the choice that represents the required opportunity is ¥114.96/€

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3 years ago
Using a coupon on your cell phone when checking out at the Hard Rock Café, or checking in to a retail location using Foursquare
vazorg [7]

Answer:

c. Mobile Retailing.

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