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Basile [38]
3 years ago
3

Skyline Florists uses an activity-based costing system to compute the cost of making floral bouquets and delivering the bouquets

to its commercial customers. Company personnel who earn $180,000 typically perform both tasks; other firm-wide overhead is expected to total $70,000. These costs are allocated as follows:
Bouquet Production Delivery Other
Wages and salaries 60% 30% 10%
Other overhead 50% 35% 15%


Riverside anticipates making 20,000 bouquets and 4,000 deliveries in the upcoming year. The cost of wages and salaries and other overhead that would be charged to each bouquet made is closest to:

a. $12.50.
b. $7.15.
c. some other amount.
d. $8.75.
e. $13.75.
Business
1 answer:
aleksandrvk [35]3 years ago
7 0

Answer:

b. $7.15

Explanation:

Cost of wages & salaries per bouquet = [($180,000*60%) + ($70,000*50%)] / 20,000

Cost of wages & salaries per bouquet = ($108,000 + $35,000) / 20,000

Cost of wages & salaries per bouquet = $143,000 / 20,000

Cost of wages & salaries per bouquet = $7.15

So, the cost of wages and salaries and other overhead that would be charged to each bouquet made will be $7.15.

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mixas84 [53]

Answer:

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When you open a business you have to keep some money as reserve to cover some expenses for at least a few months.

6 0
3 years ago
The race to the bottom scenario of global environmental degradation is explained roughly like this:
DIA [1.3K]

Answer:

A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits.

D. self-sufficiency argument.

Explanation:

In the case when there is a race to the bottom scenario so it would be described that the multinational companies that are profit seeking is shifting their production from that countries who have the strong environmental standards to the weak standard countries so that the order would be decreased due to this the profit would increase

In the other case, when the nation is not too much depend on other countries for supplies so this case we called as self-sufficiency argument as they managed themselves rather depending on another

6 0
2 years ago
Read 2 more answers
What's the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%
KengaRu [80]

Answer:

PV of Perpetuity = $5000

Explanation:

A perpetuity is a series of cash flows that are constant, occur after equal intervals of time and are for infinite period of time or are perpetual. Thus, it is like and annuity but with an infinite time period. The formula for the present value of of perpetuity is,

PV of Perpetuity = Cash Flow  /  r

Where,

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PV of Perpetuity = 250 / 0.05

PV of Perpetuity = $5000

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Anton [14]

Much to the chagrin of established firms, one clear super trend is that products and services must get to market faster because "more competitors are offering targeted products."

This is because it has been observed that several start-ups firms offer similar products to what the established firms are had as a business idea. Not only that, but they also target the same group of consumers.

Therefore, to remain top of the game and beat the startups out of business, the established firms must ensure their business ideas are quickly turned into products or services and get to the market faster.

Otherwise, the startups will take over their business ideas and a huge part of their targeted consumers.

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