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3 years ago

Paparo Corporation has provided the following data from its activity-based costing system:

Business

1 answer:

BARSIC [14]3 years ago

8 0

Answer:

Unitary total cost= $123.74

Explanation:

First, we need to calculate the activities rates to allocate costs:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Assembly= 926,800/56,000= $16.55 per machine-hour

Processing orders= 68,310 / 1,800= $37.95 per order

Inspection= 103,360 / 1,360= $76 per inspection-hour

Now, we can allocate costs based on actual activity:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Assembly= 16.55*1,060= 17,543

Processing orders= 37.95*80= 3,036

Inspection= 76*20= 1,520

Total allocated costs= $22,099

Unitary allocated costs= 22,099/700= $31.57

Finally, the unitary total cost:

Unitary total cost= 31.57 + 51 + 41.17

Unitary total cost= $123.74

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Stockholders' equity totaled $94,000 at the beginning of the year. During the year, net income was $24,000, dividends of $9,000

Tomtit [17]

Answer:

$131,000

Explanation:

The computation of the ending balance of stockholder equity is shown below:

= Beginning balance of stockholder equity + net income - dividend paid + additional common stock issued

= $94,000 + $24,000 - $9,000 + $22,000

= $131,000

Therefore, the ending balance of stockholder equity is $131,000

We simply added the net income and the additional common stock issued and deduct the dividend paid to the beginning balance of stockholder equity so that the ending balance could come

7 0

4 years ago

Routine, day-to-day business processes and interaction with customers occur at the ________ level of a firm.

Setler79 [48]

Answer:

Operational level

Explanation:

The operational level is the bottom level in an organization and it is at this level that daily business operations and activities, that connect the organization directly with customers, take place.

Examples of such activities include; manufacturing, marketing and selling.

8 0

3 years ago

Decision alternatives:_______

LenaWriter [7]

Answer:

The correct answer is letter "A": should be identified before decision criteria are established.

Explanation:

Decision criteria represent the set of steps individuals take while making a decision. Before taking a decision and selecting decision criteria, the decision alternatives must be outlined. Thanks to these alternatives a problematic situation will be resolved.

3 0

3 years ago

Indicate the missing amount for each letter.

ExtremeBDS [4]

Answer:

Follows are the solution to this question:

Explanation:

Case 1

Production cost of goods

Work is under way, start 1510

Material direct 9780

Labor Direct 5950

Overhead production 8870

Total cost of production 24600

Total work costs under way 26110

Less: Finishing job in phase 8140

Generated cost of goods 17970

7 0

3 years ago

On March 1, 2019, Baltimore Corporation had 60,000 shares of common stock outstanding with a par value of $5 per share. On March

Eva8 [605]

Answer:

The retained earning would be debited by ($60,000)

Explanation:

According to the given data we have the following:

Number of shares outstanding=60,000

par value of $5 per share

stock dividend declared=cc

Therefore, to calculate the amount either (debited) or credited to retained earnings we would have to make the followin calculation:

Dividend value=Number of shares outstanding×par value of $5 per share×stock dividend declared

Dividend value=60,000×$5×20%

Dividend value=($60,000)

Therefore, as the dividend paid reduces retained earnings, the retained earning would be debited by ($60,000)

3 0

3 years ago