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4 years ago

Digger Inc. sells a high-speed retrieval system for mining information. It provides the following information for the year.

Business

1 answer:

azamat4 years ago

7 0

Answer:

Predetermined overhead rate = $ 9.75 per direct labor hours

Overhead applied = $897,000

Explanation:

Given:

Budgeted Overhead cost = $975,000

Actual Overhead cost = $950,000

Budgeted Machine hours = 50,000

Actual Machine hours = 45,000

Budgeted Direct labor hours = 100,000

Actual Direct labor hours = 92,000

Computation:

(a) Predetermined overhead rate.

Predetermined overhead rate = budgeted overhead cost / budgeted direct labor hours

Predetermined overhead rate = $975,000 / 100,000

Predetermined overhead rate = $ 9.75 per direct labor hours

(b) Amount of overhead applied for the year.

Overhead applied = Actual hours × Predetermined overhead rate

Overhead applied = 92000 × $9.75

Overhead applied = $897,000

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Piechocki Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets

ArbitrLikvidat [17]

Answer:

The direct Labor for planning the budget of May would be closest to = $ 6.4 * 6900 = $ 44160

Explanation:

The direct Labor for planning the budget of May would be closest to = $ 6.4 * 6900 = $ 44160

The direct Labor for planning the budget of 6,900 units would be = $ 6.4 * 6900 = $ 44160

The direct Labor for planning the budget of 6,850 units would be = $ 6.4 * 6850 = $ 43840

So the difference between the budgeted direct labor and actual direct labor would be =$ 43840- $43,370 = $ 470

So the difference between the budgeted direct labor for estimated output and actual direct labor would be = $ 44160- $43,370 = $ 790

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3 years ago

The first step in the process of creating a marketing plan is to

Maksim231197 [3]

The right answer for the question that is being asked and shown above is that: "• set marketing objectives." The first step in the process of creating a marketing plan is to <span>set marketing objectives. The group must know the goals and objectives why they are making a business or something.</span>

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3 years ago

The process of "closing a deal" in business can be a cutthroat one, with both parties (think of a corporate merger) trying to ge

kogti [31]

Answer:

Explanation:

Based on the information provided within the question it can be said that this can be analyzed by anthropologists as a form of negative reciprocity. This term refers to when an action has a negative effect on someone else and that person then undertakes another action which has the same effect on another person, and so on. As is being described in this scenario as each person takes an action in order to get the best deal they possibly can, but at the same time undercutting those around.

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3 years ago

Ted is trying to decide what cost of capital he should assign to a project. Which one of the following should be his primary con

MrMuchimi

Answer:

c. Mix of funds used to finance the project.

Explanation:

Most of the time businesses don't have the required funds to invest in projects especially capital intensive projects. So businesses raise long term finance from various sources, for example, from capital markets through issuance of shares/stocks and from debt sources through raising long term loans and debt instruments like bonds.

Now each source of finance has a different cost to the business depending upon the likely risks associated with each source of finance and nature of business itself. Therefore, businesses strive to assign such a cost of capital that primarily recovers the cost of finance and generate surplus wealth for the business. So the decision of what cost of capital should be assigned to a project primarily depends upon the the mix of funds used.

Secondly, risk level of the project might somehow effect the required rate of return expected by shareholders and/or debt providers but may not be the primary consideration in this decision.

5 0

4 years ago

1) The pen example in the video suggests that most salespeople ____________________. a struggle to get a foot in the door b are

Fofino [41]

Answer:

A. struggle to get a foot in the door

Explanation:

The example of pen was used to define the fact that most salespeople start off by asking or telling the usual instead of analysing the situation and determining the right questions to be asked from the customer which ultimately leads to most of sales individuals to struggle.

Like in this case where a salesperson is given a pen, he would start by saying that he has a pen to sell with multiple colours, they are affordable and lightweight. These questions are too generic and may not interest the customer. Instead to sale better one must ask intelligent questions that will be relevant for the customer in order to pitch them the right kind of product.

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3 years ago