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zalisa [80]
2 years ago
15

Four year universities are the only type of school worth attending. True False​

Business
2 answers:
zysi [14]2 years ago
6 0

Answer:

false

Explanation:

there are a number of other reliable schooling options

kozerog [31]2 years ago
5 0

Answer:

false

Explanation:

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Joe and karina depend on both of their salaries to afford their mortgage. karina recently lost her job and they are worried that
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3 years ago
Currently, a company has units of safety stock for a product located in warehouses. The company is contemplating expanding to wa
xz_007 [3.2K]

Answer:

The full question is <em>"Currently, a company has 59,000 units of safety stock for a product located in 9 warehouses. The company is contemplating expanding to 28 warehouses. The company believes that this increased safety stock inventory investment with the new locations will result in an additional $950,000 in revenue due to improved customer service. Assuming that each unit in safety stock inventory costs $4, is the expansion to 28 warehouses a potentially good idea? The proposed plan Y sense for the company because the change in total profit is $. Enter your response rounded to the nearest dollar and include a minus sign if appropriate.)"</em>

<em />

Current Total safety stock = 59,000

No. of warehouses = 9

Safety stock per warehouse = 59,000/9 = $6,555.56

New number of warehouses = 28

Increase in number of warehouses = 28 - 9 = 19

Increase in number of safety stock = 19 * 6,555.56 = 124,555.64

Cost of each unit of safety stock = $4

Cost of increased safety stock = $4 * 124,555.54

Cost of increased safety stock = $498,222.56

Additional revenue = $950,000

Since, additional revenue > additional cost of safety stock, the additional warehouses is a good idea.

Increase in profit = Additional revenue - Increased cost

Increase in profit = $950,000 - $498,222.56

Increase in profit = $451,777.54

Hence, The proposed plan makes sense for the company because the change in total profit is $451,777.54

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As you are forming a team, it is important to bear in mind that:_____. group of answer choices
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In order to become more effective, specialization in business entails concentrating on a single product or a small range of products. Specialization can boost productivity and give a company or economy a competitive advantage.

When individuals and organizations focus on creating what they are proficient at, or even better, the best at, specialization occurs. For instance, KFC specializes in fried chicken and chicken hamburgers, whereas Starbucks specializes in serving uniform coffee.

If you specialize, you concentrate on a particular facet of a bigger subject. If you're a nurse, you might focus on giving care to infants and children as your area of specialization in pediatric care.

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8 0
1 year ago
PB10.
Naily [24]

Question: Casey’s Kitchens’ three cost pools and overhead estimates are as follows:

Cost Pool                            Cost Driver                  Est. Overhead  

Machine Setups                     Setups                          $250000

Assembly                        Numbers of Parts                 $300000

Machine Maintenance      Machine hours                  $<u>500000</u>

                               <u>Total</u>                                             $<u>1,050,000</u>

Cost Driver            Use per Product A    Use per Product B   Total

Setups                               7000                          3000               <u>10000</u>

Numbers of Parts            25000                        35000             <u>60000</u>

Machine hours                 10000                        40000             <u>50000</u>

The Question is the Extension of previous question in the book and the only required data from the previous question for this question is Number of units produced of A and B which is 20000 units and 50000 units.

Compare the overhead allocation using:

The traditional allocation method

The activity-based costing method

(Hint: the traditional method uses machine hours as the allocation base.)

Answer:

<h2><u>TRADITIONAL ABSORPTION COSTING</u></h2><h3></h3><h2>Step 1:  Identify Absorption Basis </h2>

Here absorption basis is Machine hours.

<h2>Step 2:  Find the Overhead Absorbed by total units of Product A and B.</h2>

The formula is as under:

Overhead Absorbed=Total Overhead * Absorption Basis Share/Total Absorption Basis

For Product A:

Overhead absorbed =$1,050,000 * 10000 Machine Hrs/50000 Machine Hrs= $210,000 overhead absorbed in 20000 units of product A.

For Product B:

Overhead absorbed =$1,050,000 * 40000 Machine Hrs/50000 Machine Hrs= $840,000 overhead absorbed in 50000 units of product B.

<h2>Step 3:  Divide the Overhead Absorbed by Number of units to compute Overhead per Unit </h2>

Overhead per unit of A= Overhead absorbed by A / Total units of A

Overhead per unit of A= $210,000/ 20,000 Units= $10.5 per Unit

Overhead per unit of B= Overhead absorbed by B / Total units of B

Overhead per unit of A= $840,000/ 50,000 Units= $16.8 per Unit

<h2>Step 4: Add the per unit prime cost to Overhead cost per unit calculated in the Step 3 to calculate the total unit cost of the product. </h2>

The prime cost per unit is not given in this question but let us assume that it is $10 per unit for product A and $20 per unit for product B.

Now

For product A:

Total Unit cost of product A= Overhead cost per unit for A + Prime cost per unit for A

Total Unit cost of product A= $10.5 per unit + $10 per unit= $20.5 per unit

For product B:

Total Unit cost of product B= Overhead cost per unit for B + Prime cost per unit for B

Total Unit cost of product B= $16.8 per unit + $20 per unit= $36.8 per unit

<u></u>

<h2><u>ACTIVITY BASED COSTING</u></h2><h2>Step 1: Identify cost pools and their relevant cost drivers.</h2>

Cost Pool                            Cost Driver                  Est. Overhead  

Machine Setups                     Setups                          $250000

Assembly                        Numbers of Parts                 $300000

Machine Maintenance      Machine hours                  $500000

<h2>Step 2: Assign the cost of each activity (cost pool) on a fair basis (cost drivers) to Product A and B</h2>

Cost assigned to total products of <u>X</u> = Cost pool*(units of cost driver consumed by total # of Products A / total units of relevant cost driver consumed)

<h2><u>For Product A:</u></h2>

Machine setup cost

$250,000 * (7000 setups  for A/ 10,000 total setups)= $175,000 for 20000 units of A

Assembly Cost

$300,000 * (25,000 number of parts for A/ 60,000 total number of parts)= $125,000 for 20000 units of A

Machine Maintenance

$500,000 * (10,000 machine hrs for A/ 50,000 total machine hrs)= $100,000 for 20000 units of A

Total Overhead cost assigned to 20000 units of Product A= $175,000 + $125,000 + $100,000=$400,000

<h2><u>For Product B:</u></h2>

Machine setup cost

$250,000 * (3000 setups  for B/ 10,000 total setups)= $75,000 for 50000 units of B

Assembly Cost

$300,000 * (35,000 number of parts for B/ 60,000 total number of parts)= $175,000 for 50000 units of B

Machine Maintenance

$500,000 * (40,000 machine hrs for B/ 50,000 total machine hrs)= $400,000 for 50000 units of B

Total Overhead cost assigned to 50000 units of Product B= $75,000 + $175,000 + $400,000=$650,000

<h2>Step 3:  Divide the Answer from the step 3 by total units of product A produced to calculate unit cost</h2>

Overhead cost per unit = Total Overhead cost assigned to total units of X / Total Units of X

Overhead cost per unit For Product A= $400,000/20000 Units=$20 per unit

Overhead cost per unit For Product B= $650,000/50000 Units=$13 per unit

<h2>Step 4: Add prime cost per unit to it to calculate total unit cost of each product A and B.</h2>

The prime cost per unit is not given in this question but let us assume that it is $10 per unit for product A and $20 per unit for product B.

Now

For product A:

Total Unit cost of product A= Overhead cost per unit for A + Prime cost per unit for A

Total Unit cost of product A= $20 per unit + $10 per unit= $30 per unit

For product B:

Total Unit cost of product B= Overhead cost per unit for B + Prime cost per unit for B

Total Unit cost of product B= $13 per unit + $20 per unit= $33 per unit

8 0
3 years ago
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