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
Semmy [17]
3 years ago
11

Meade Nuptial Bakery makes very elaborate wedding cakes to order. The company has an activity-based costing system with three ac

tivity cost pools. The activity rate for the Size-Related activity cost pool is $1.13 per guest. (The greater the number of guests, the larger the cake.) The activity rate for the Complexity-Related cost pool is $43.52 per tier. (Cakes with more tiers are more complex.) Finally, the activity rate for the Order-Related activity cost pool is $61.44 per order. (Each wedding involves one order for a cake.) The activity rates include the costs of raw ingredients such as flour, sugar, eggs, and shortening. The activity rates do not include the costs of purchased decorations such as miniature statues and wedding bells, which are accounted for separately. Data concerning two recent orders appear below: Ericson Wedding Haupt Wedding Number of reception guests 60 162 Number of tiers on the cake 4 3 Cost of purchased decorations for cake $ 16.89 $ 38.61 Assuming that the company charges $500.54 for the Haupt wedding cake, what would be the overall margin on the order
Business
1 answer:
poizon [28]3 years ago
3 0

Answer:

$86.87

Explanation:

Calculation for what would be the overall margin on the order

Price of cake $500.54

Less Costs:Size related ($183.06)

($1.13 per guest × 162 guests)

Less Complexity-related ($130.56)

($43.52 per tier × 3 tiers)

Less Order-related ($61.44)

($61.44 per order × 1 order)

Less Cost of purchased decorations for cake ($38.61)

Customer margin $86.87

Therefore would be the overall margin on the order is $86.87

You might be interested in
Danner Company expects to have a cash balance of $58,050 on January 1, 2017. Relevant monthly budget data for the first 2 months
Alina [70]

Answer:

                                                                             January                  February

Beginning Cash Balance                                     58,050                  35,475

Add: Receipts

Collections from Customers                               109,650                 193,500

Sale of Marketable Securities                              <u>15,480</u>                 <u>       0      </u>

Total Receipts                                                   <u>   125,130    </u>             <u>  193,500</u>

Total Available Cash                                            183,180                  228,975

Less: Disbursements

Direct Materials                                                  64,500                      96,750

Direct Labour                                                      38,700                       58,050

Manufacturing Overhead                                  25,155                        30,315

Selling and Administrative                                 19,350                        25,800

Total Disbursements                                       <u>  147,705       </u>             <u>   210,915</u>

Cash Balance                                                     35,475                        18,060

Financing

Add: Borrowings                                                   0                                  7,740

Less: Repayments                                          <u>       0           </u>                    <u>      0    </u>

Ending Cash Balance                                        35,475                         25,800

The company wants to maintain a minimum monthly cash balance of $25,800 so in February they will have to borrow;

= 25,800 - 18,060

= $7,740

8 0
3 years ago
daily enterprises is purchasing a $10 million machine. it will cost $50,000 to transport and install the machine. the machine ha
kupik [55]

The machine's annual depreciation costs are calculated by dividing the machine's purchase price by its installation cost over a 5-year period:Depreciation costs equal (10,700,000 + 56,000) / Number of Years divided by five, or $2,151,200.

The value of a fixed asset less the total accumulated depreciation that has been recorded against it is its depreciated cost. The total amount of capital that is "used up" in a certain time frame, such as a fiscal year, is referred to as the depreciated cost in a broader economic sense. The accuracy with which depreciation is calculated allows one to assess patterns in a company's capital expenditures and how aggressive its accounting practices are. The terms "salvage value," "net book value," and "adjusted cost base" are all synonyms for "depreciated cost." Businesses and private individuals can calculate an asset's useful worth using the depreciated cost technique of asset appraisal.

learn more about depreciation costs here:

brainly.com/question/24297521

#SPJ4

7 0
1 year ago
What type of degree is earned after a masters degree
Makovka662 [10]
After a masters degree an individual can earn a doctorates degree
8 0
3 years ago
Read 2 more answers
Preparing Entries Across Two Periods Hatcher Company closes its accounts on December 31 each year. On December 31, 2018, Hatcher
padilas [110]

Answer and Explanation:

The journal entries are shown below

On Dec. 31, 2018

Interest receivable $600  

         To Interest income $600

(Being accrued interest earned is recorded)  

On Dec. 31, 2018

Interest income $2,400  

            To Retained earnings $2,400

(Being the closing of interest income is recorded)

On Jan. 31, 2019

Cash $900  

         To Interest receivable     $600

         To Interest income          $300

(Being cash receipt of interest is recorded)

3 0
2 years ago
Designing an initial marketing strategy for a new product based on the _____ is called marketing strategy development
Aleks [24]

Answer:

b. product concept

Explanation:

3 0
3 years ago
Other questions:
  • Hoping to increase the chances of reaching a performance goal, the director of a research project has assigned three separate re
    11·1 answer
  • Kimberly Payne and Arionna Maples decide to form a partnership by combining the assets of their separate businesses. Payne contr
    10·1 answer
  • Deliberately selling a product below its customary price, not to increase sales, but to attract customers' attention in hopes th
    14·1 answer
  • The price of imported oil rises. If the government wanted to stabilize output, which of the following could it do?
    9·2 answers
  • The tax treatment regarding the sale of existing assets that are sold for more than the book value but less than the original pu
    7·1 answer
  • For those wishing to purchase a franchise, the Federal Trade Commission acts as a guardian ensuring that the business idea is so
    12·1 answer
  • A stock is currently selling at 80 per share to yield an annual nominal interest rate of 10%, compounded semi-annually. The stoc
    13·1 answer
  • A company received 500 applications for a specific position.30 were given an assignment test. Only 15 were invited to an intervi
    13·1 answer
  • 1. Who is a teacher? Mention the degree and academic qualification essential for teaching profession.​
    6·1 answer
  • What is the purpose of a marketing plan?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!