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Olegator [25]
3 years ago
6

One of Stine Company’s activity cost pools is machine setups, with estimated overhead of $300000. Stine produces sparklers (400

setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers?
Business
1 answer:
Lynna [10]3 years ago
7 0

Answer:

$120,000

Explanation:

In activity based costing, cost is allocated to each unit/department based on activities. In other words, the more the level of activities a unit/department is involved in, the more the cost that will be allocated to that unit and vice versa.

Given that Stine produces sparklers (400 setups) and lighters (600 setups), machine setup cost pool should be assigned to sparklers will be

= (400/(400 + 600)) × $300000

= $120,000

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Mrrafil [7]

Answer:

B. A card with a high compound interest rate

Explanation:

A.P.E.X

8 0
3 years ago
Read 2 more answers
13. You just won a prize that comes with two payout choices. The first option is to get $100,000 right now and nothing hereafter
babymother [125]

Answer:

C.second option

Explanation:

The computation is shown below

The present value of option 1 is $100,000

And, the present value of option 2 is

= $94,000 + $10,000 × Present value of discounting factor(8%,3)

= $94,000 + ($10,000 ÷ 1.08^3)

= $101,938.32

So as we can see that the option 2 has the highest present value so the right option is c.

8 0
2 years ago
An increase in u. S. Interest rates relative to german interest rates would likely ____ the u. S. Demand for euros and ____ the
Naya [18.7K]

An increase in US. Interest rates relative to German interest rates would likely reduce the u. S. Demand for euros and increase the supply of euros for sale.

<h3>What is the impact of an increase in interest rate on a country's currency?</h3>

When the interest rate of a country's currency increases, the value of that currency increases. As a result, there would be an increase in the demand for that currency relative to other currencies.

When the US interest rates increase relative to that of Germany, the value of the dollar would increase. This would lead to an increase in the demand for the dollar and a decrease in demand for the euros.

To learn more about currencies, please check: brainly.com/question/17180334

6 0
2 years ago
Lei Company accumulates the following adjustment data at December 31. 1. Services provided but not recorded total $1,000. 2. Sup
Zigmanuir [339]

Answer:

Type of adjustment (prepaid expenses, unearned revenues, accrued revenues, or accrued expenses)

1. Services provided but not recorded total $1,000. accrued revenues

2. Supplies of $300 have been used. accrued expenses

3. Utility expenses of $225 are unpaid. accrued expenses

4. Services related to Unearned service revenue of $260 were performed. accrued revenues

5. Salaries of $800 are unpaid. accrued expenses

6. Prepaid insurance totaling $350 has expired. accrued expenses

Status of Each Account before adjustment

1. Services provided but not recorded total $1,000. Revenue understated and cash/account receivable account understated

2. Supplies of $300 have been used. Supplies account overstated and supplies expense account understated

3. Utility expenses of $225 are unpaid. utility expense account understated and Liability account understated

4. Services related to Unearned service revenue of $260 were performed. Revenue understated and Unearned revenue overstated

5. Salaries of $800 are unpaid. Salaries Expense account understated and Liability account understated

6. Prepaid insurance totaling $350 has expired. Insurance expense account understated and Prepaid insurance overstated.

Explanation:

1. Revenue should be recorded when services are performed.

2. Used supplies should be transferred to supplies expenses account.

3. Utility expense should be recorded when it's been accrued.

4. Sales expense should be recorded when it's been accrued.

5. Prepaid Insurance should be transferred to Prepaid expense account when its been expired.

8 0
3 years ago
XYZ stock price and dividend history are as follows: YearBeginning-of-Year PriceDividend Paid at Year-End2015 $130 $5 2016 144 5
Rina8888 [55]

Answer:

Arithmetic mean = 3.67%

Geometric mean = 3.02%

Explanation:

The following sorted data are given in the question:

Year           Beginning-of-Year Price         Dividend Paid at Year-End

2015                            $130                                            $5

2016                              144                                               5

2017                              120                                               5

2018                              125                                               5

Therefore, we have:

Arithmetic average return = Sum of returns/ number of years ………....….. (1)

Geometric average return = n * ((1+r1)*(1+r2)*(1+r3)…(1+rn)^(1/n) - 1 .……….. (2)

Where;

n = years 1, 2, 3….

r1, r2, r3… are the returns for year 1, 2, 3….

Return for each year = ((Current year Beginning-of-Year Price – Previous year Beginning-of-Year Price) + dividend) / Previous year Beginning-of-Year Price .................... (3)

Using equation (3), we have:

2016 Return = ((144 - 130) + 5) /130 = 0.146153846153846

2017 Return = ((120 - 144) + 5) /159 = -0.119496855345912

2018 Return = ((125 - 120) + 5) /120 = 0.0833333333333333

Using equation (1), we have:

Arithmetic mean = (2016 Return + 2017 Return + 2018 Return) / 3 = (0.1461538461538460 - 0.1194968553459120 + 0.0833333333333333) / 3 = 0.0367, or 3.67%.

Using equation (2), we have:

Geometric mean = ((1 + 2016 Return) * (1 + 2017 Return) * (1 + 2018 Return))^(1/3) - 1 = ((1 + 0.146153846153846) * (1 - 0.119496855345912) * (1 + 0.0833333333333333))^(1/3) - 1 = 0.0302, or 3.02%

3 0
3 years ago
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