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MaRussiya [10]
3 years ago
11

Croissant Company's standard fixed overhead cost is $6 per direct labor hour based on budgeted fixed costs of $600,000. The stan

dard allows 1 direct labor hour per unit. During the current year, Croissant produced 110,000 units of product, incurred $630,000 of fixed overhead costs, and recorded 212,000 actual hours of direct labor. What is the standard activity level on which Croissant based its fixed overhead rate?
Business
1 answer:
slamgirl [31]3 years ago
3 0

Answer:

Standard activity level= 100,000 units

Explanation:

Giving the following information:

Croissant Company's standard fixed overhead cost is $6 per direct labor hour based on budgeted fixed costs of $600,000. The standard allows 1 direct labor hour per unit.

Standard activity level= 600,000/6= 100,000 units

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Your cousin is currently 14 years old. She will be going to college in 4 years. Your aunt and uncle would like to have $ 115 com
kumpel [21]

Answer:

they need to put into the account $99444.97

Explanation:

given data

age = 14 year

time period = 4  year

saving account  = $115000

fixed interest rate = 3.7% per​ year = 0.037

future value = $115000

solution

we get here present value that is express as

present value = \frac{future\ value }{(1+ rate)^t}     ..........................1

put here value and we get

present value = \frac{115000}{(1+ 0.037)^{4}}      

solve it we get  

present value = $99444.97

so they need to put into the account $99444.97

6 0
2 years ago
A lottery winner can take $6 million now or be paid $600,000 at the end of each of the next 16 years. The winner calculates the
Semmy [17]

Answer:

Yes, her decision was correct because of Net present value rule.

Explanation:

the net present value (NPV) applies to a series of cash flows occurring at different times.

The present value of a cash flow depends on the interval of time between now and the cash flow. It also depends on the discount rate. NPV accounts for the time value of money. It provides a method for evaluating and comparing capital projects or financial products with cash flows spread over time, as in loans, investments, payouts from insurance contracts plus many other applications.

Time value of money dictates that time affects the value of cash flows.

5 0
3 years ago
Read 2 more answers
A calendar year corp. has substantial accumulated E&P, but it expects to incur a deficit in current E&P for the year due
Vadim26 [7]

Answer:

The statement is inaccurate.

Explanation:

Comment on the validity of this statement. LO 3 (p. 19-9).

The statement is inaccurate. When a deficit exists in current E & P and a positive balance exists in accumulated E & P, the accounts are netted at the date of distribution. If a positive balance results, the distribution is a divide to the extent of the balance. Any loss in current E & P is deemed to accrue ratably throughout the year unless the parties can show otherwise.

4 0
3 years ago
How is your opportunity cost of taking this course online different than taking it on-campus?
olga_2 [115]

Answer:

Online classes is new trend now these days. Both ways have their own advantage and disadvantages.

Explanation:

Now these days the trend of online classes are on top. This is not a longer novelty. This mode of learning changes the structure and experience of the class.

It is not necessary that the changes could be right for all. There are some advantage of online classes.

  • Flexible schedule
  • Faster completion
  • To study anytime
  • To login from anywhere
  • To access the more colleges
  • No commute

It has potentially lower cost

But in traditional classroom in campus, you have to attend the classes at campus. You will meet new people. Students get socialize with another students and new people

Both way of taking course have advantage and disadvantage.

8 0
3 years ago
f the project manager controls when and what people do while the functional managers control who will be assigned to the project
faust18 [17]

Answer:

The correct answer is Matrix.

Explanation:

In a matrix structure each manager is in charge of the results and tasks executed in his area. Employees are usually accountable to one person who generally manages the project and to another who directs a specific area. The great advantage of this structure is that it allows direct communication, making it possible to take corrective measures faster, in the same way it allows each person to focus on each task so that they can transmit some requirement to the closest person.

3 0
3 years ago
Read 2 more answers
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