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Vesna [10]
3 years ago
6

Answer the following questions using the information below: Cannady produces six products. Under their traditional cost system u

sing one cost driver, SR6 costs $168.00 per unit. An analysis of the activities and their costs revealed that three cost drivers would be used under the new ABC system. The new cost of SR6 was determined to be $178.00 per unit. Given this change in the cost ________.
Business
1 answer:
vampirchik [111]3 years ago
8 0

Answer:

Given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.

Explanation:

A cost driver can be described as the unit of an activity or any factor that makes the cost of an activity to fluctuate. An estimated cost driver is adequate and of the expected quality when quality or quantity is satisfactory or acceptable.

Therefore, given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.

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What is the change due if a $5 bill is tendered for a charge of $4.21? The change in dollars and cents would be $ a0.
Yuri [45]

Answer: $0.79.

Explanation:

Given that,

Tendered bill = $5

Bill charged = $4.21

Therefore,

The change due is calculated by subtracting bill charged from tendered bill.

Change due = Tendered bill - Bill charged

                     = $5 - $4.21

                     = $0.79

Hence, change in dollars would be $0.79.

8 0
3 years ago
Jim is a firm’s marketing manager who is confident of himself and open to feedback. Moreover, he has the ability to motivate him
MAVERICK [17]

Answer:

The answer is: Emotional intelligence

Explanation:

A person with emotional intelligence is able to identify and manage his own emotions and the emotions of the people around him.

Usually they are very perceptive of other people's emotions, and when they use their abilities correctly, they can improve the performance of those around them. For example, sometimes a compliment or some nice words can do a lot to boost an employee's self esteem and efficiency.

This is a very useful trait in modern management, since modern workplaces rely more on open communications and team work.

8 0
3 years ago
Your cousin is currently 10 years old. She will be going to college in 8 years. Your aunt and uncle would like to have $ 105 com
telo118 [61]

Answer:

$76,134.84

Explanation:

Data provided in the given question

Future value = $105,000

Fixed interest rate = 4.1%

Number of years = 8

The calculation of present value is given below:-

= Future value ÷ (1 + rate of return)^number of years

= $105,000 ÷ (1 + 4.1%)^8

= $105,000 ÷ 1.379132002

= $76,134.84

Therefore, we simply applied the present value formula.

6 0
3 years ago
Not showing up to work on time on a regular basis could cause your manager to question your:
likoan [24]

Answer:

Professionalism.

Explanation:

Professionalism can be defined as an act which typically involves the positive behavior, conduct and attitude that are being exhibited by an employee. Thus, being a professional simply means that the person displays some level of professionalism such as being responsible, punctual, excellent, ethical, respectful, dedicated, dogged etc.

Basically, it is very important and essential for employees to act in a professional manner while performing their job functions or executing various tasks.

Hence, not showing up to work on time on a regular basis could cause your manager to question your professionalism.

8 0
3 years ago
On January 1, 2012, Uncle Company purchased 80 percent of Nephew Company’s capital stock for $672,000 in cash and other assets.
Inga [223]

Answer:

a. $51,840

b. $15,440

Explanation;

a. First find the excess fair-value allocation;

= Fair value of Nephew - Book Value

Fair Value = Uncle ownership + Non-controlling interest

= 672,000 + 168,000

= $840,000

Excess fair value = 840,000 - 806,000

= $34,000

Any excess fair-value allocations are amortized over a 10-year period;

= 34,000/10

= $3,400

The Income to be recognized will be reduced by this yearly amotization so the 2014 income recognized by Uncle would be;

= (Nephew income - Amortization) * Uncle ownership stake

= ( 68,200 - 3,400) * 0.8

= $51,840‬

b. Nephew Company also owns 30% of Uncle which means that they will receive 30% of Uncle dividends.

= 0.3 * 30,000

= $9,000

Added to their own income;

= 9,000 + 68,200

= $77,200

The Non-controlling interest owns 20% so the income they will recognise is;

= 0.2 * 132,100

= $15,440‬

6 0
4 years ago
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