1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
leonid [27]
3 years ago
8

Med Max buys surgical supplies from a variety of manufacturers and then resells and delivers these supplies to dozens of hospita

ls. In the face of declining profits, Med Max decided to implement an activity-based costing system to improve its understanding of the costs incurred to serve each hospital. The company broke its selling and administrative expenses into four activities as shown below: Activity Cost Pool Activity Measure Total Cost Total ActivityCustomer deliveries Number of deliveries $ 361,900 4,700Manual order processing Number of manual orders 266,400 3700 Electronic order processing Number of electronic orders 191,540 12200 Line item picking Number of line items picked 518,000 370000 Total selling and administrative expenses $ 1,337,840 Med Max gathered the data below for two of the many hospitals that it servesâCity General and County General: Activity Activity Measure City General County GeneralNumber of deliveries 15 30Number of manual orders 0 60 Number of electronic orders 20 0 Number of line items picked 130 290 Required: 1. Compute the activity rate for each activity cost pool. 2. Compute the total activity costs that would be assigned to City General and County General.
Business
1 answer:
kenny6666 [7]3 years ago
5 0

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the predetermined overhead rate for each activity:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Customer deliveries= 361,900/4,700= $77 per delivery

Manual order processing= 266,400/3,700= $72 per manual order

Electronic order processing= 191,540/12,200= $15.7 per electronic order

Line item picking= 518,000/370,000= $1.4 per line item picked

<u>Now, we can allocate costs to each hospital:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

City general:

Customer deliveries= 77*15= 1,155

Electronic order processing= 15.7*20= 314

Line item picking= 1.4*130= 182

Total costs= $1,651

County General:

Customer deliveries= 77*30= 2,310

Manual order processing= 72*60= 4,320

Line item picking= 1.4*290= 406

Total costs= $7,036

You might be interested in
Suppose the total market value of all the final goods and services produced in the country of Rushya was $8 billion in 2008 (mea
Advocard [28]

Answer:

Option 4 is definitely correct: Whether real GDP increased cannot be determined with the information given.

Explanation:

The information that is given only states that there has been an increase in the market value of final goods and services in two years. So, we cannot conclude that production increased in Rushya or average price levels increased there as per Option A and C respectively, because market value can be increased by both increase in production or price levels. Even Option B cannot be concluded as the real GDP is dependent on other variables as compared to the total market value.

Thus, only appropriate statement is option D: we cannot determine increase in real GDP with the given information.

3 0
3 years ago
The following is an estimated demand function:
Tanzania [10]

Answer:

The predicted value of sales is $75,037,500.

Explanation:

Given:

Q = 875 + 6XA + 15Y - 5P ……………………..(1)

Where:

Q = quantity sold = ?

XA = Advertising = $100,000

Y = Income = $10,000

P = Price = $100

Substituting the values into equation (1), we have:

Q = 875 + (6 * 100,000) + (15 * 10,000) - (5 * 100)

Q = 750,375

Therefore, we have:

Predicted value of sales = Q * P = 750,375 * $100 = $75,037,500

Therefore, the predicted value of sales is $75,037,500.

3 0
3 years ago
A bank that has liabilities of $150 billion and a net worth of $20 billion must have:
Yakvenalex [24]
Had to look for the options and here is my answer. Given that the bank possesses a liability that is worth $150 billion and its net worth is only $20 billion, then this would mean that the bank must have ASSETS OF $170 BILLION. Hope this answers your question.
7 0
3 years ago
The administrative department is not responsible for _____ communication.
Nonamiya [84]

Answer:

I will say c I not shore 100%

4 0
3 years ago
Choose the correct answer and rationale. “The prices listed on retail websites...”
Cloud [144]

Odd consecutive integers are odd integers that follow each other. They have a difference of 2 between every two numbers. If n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". Examples.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Marco creates a budget for himself. He would like to buy ice cream once a week, but doesn't have enough money to do so in his cu
    10·1 answer
  • Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow: Current Year Previous Year Cu
    13·1 answer
  • Athleisure, Inc. sells athletic gear by sending customers a catalog nine times a year. The company has no retail stores or websi
    10·1 answer
  • Given the following information from Power Enterprises’ direct materials budget, how much direct materials needs to be purchased
    14·1 answer
  • The threat of new competitors will enter your market is _________ when entry is easy and _________ when there are significant ba
    14·1 answer
  • Alex's Furniture Mart produces and sells tables in a perfectly competitive market. When Alex's Furniture Mart produces and sells
    8·1 answer
  • PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!
    12·1 answer
  • 3. Who was the first customer of mcdonald's and what was ordered?
    10·1 answer
  • Fe2O3 + 3 CO → Fe + 3 CO2
    5·1 answer
  • Your company is building a new office site in a different state. You want to show your board members the progress of constructio
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!