Answer:
Earth = $90,000
Wind = $67,500
Fire = $202,500
Explanation:
Activity based costing is a costing system that assigns the cost of identified activities , mostly overhead and indirect cost to all products and services produced according to the respective volume of the activities consumed by each of the products and services , using cost drivers.
Workings.
The cost driver in the scenario is Machine set up
Earth = 80 set up
Wind = 60 set up
Fire = 180 set up
Total = 320 set up
General Overhead = 360,000
Earth = 80/320 *360,000 = 90,000
Wind = 60/320*360,000 = 67,500
Fire = 180/320*260000 = 202,500
Answer:
the awnser is jeidjbeheidolal idowneheudjsbveudjs dg
Answer: $49,000
Explanation: In order to calculate how much he will need to repay we first need to calculate the amount of interest that he will pay. The formula for interest is Interest = Principal x rate x time.
Using the formula, Interest = $35,000 x .08 x 5, Interest = $14,000
On July 1, 2022 Hugh will need to repay the principal that he borrowed, which was $35,000 plus the interest of $14,000, which is a total of $49,000.
Answer:
Fixed manufacturing cost allocated to inventory= $9,000
Explanation:
Giving the following information:
Units in beginning inventory 0
Units produced 280
Units sold 240
Units in ending inventory 40
Fixed manufacturing overhead $63,000
<u>The absorption costing method includes all costs related to production, both fixed and variable. </u>
First, we need to calculate the unitary fixed manufacturing cost:
unitary fixed manufacturing cost= 63,000/280= $225
Fixed manufacturing cost allocated to inventory= 40*225=$9,000
The scale of measurement used here is an ordinal scale.
Ordinal scales ask participants to rate things like satisfaction, happiness, comfort. etc. The important thing to remember about this scale is that the order of the values matter the most. For example: we know that a 5 is better than a 1, but we are unsure of exactly how much better. This difference cannot be quantified or measured exactly. An easy way to remember this one is that ordinal sounds like "order" and that is what this measure is used for- putting things in order.
The most common form of ordinal measures is the Likert Scale. The question is an illustration of a Likert Scale.
