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
Bezzdna [24]
3 years ago
14

Conlon Enterprises reports the following information about resources. Cost Driver Rate Cost Driver Volume Resources used Setups

$ 385 per run 440 runs Clerical 40 per page 2,800 pages typed Resources supplied Setups $ 172,750 Clerical 120,700 Sales revenue totaled $330,000. Required: a. Prepare a traditional income statement. b. Prepare an activity-based income statement.
Business
1 answer:
mote1985 [20]3 years ago
5 0

Answer:

Conlon Enterprises

a. Traditional Income Statement

Sales revenue    $330,000

Setup costs           169,400

Clerical costs         112,000

Operating profit  $48,600

b. Activity-based Income Statement:

                                    Resources    Resources    Unused Resource   Total

                                     Supplied          Used               Capacity        

Sales revenue                                                                                  $330,000

Costs:

Volume-related Setups $172,750      $169,400          $3,350

Batch-related Clerical     120,700         112,000             8,700

Total costs                    $293,450      $281,400        $12,050         281,400

Operating profit                                                                                $48,600

Explanation:

a) Data and Calculations:

                  Cost Driver Rate   Cost Driver Volume   Total Resources used

Resources used

Setups       $ 385 per run        440 runs                     $169,400

Clerical           40 per page      2,800 pages typed    $112,000

Resources supplied

Setups    $ 172,750

Clerical      120,700

Sales revenue totaled $330,000

You might be interested in
Lego Company has used the FIFO method since it began operations in 2023. Lego changed to the weighted average method in 2026. Th
Viktor [21]

Answer:

c. $14,000 increase

hope it helps

mark me as brainloeast

5 0
3 years ago
Teal Motors Inc., an automobile company, outsources the manufacturing of most of the automobile parts to several other companies
il63 [147K]

Answer:

The question is missing the below options:

A. loss of identity

B. loss of frequency

C. loss of facility

D. loss of focus

The correct option is D,loss of focus.

Explanation:

Loss of identity does not arise in this case, as Teal Motors Inc. is still responsible for coupling these parts into complete and brands it in own brand name.

Since it is not clear cut that Teal Motors Inc. has in-house facilities to produce the outsourced parts,letting the available production facilities rot away without being put to proper use does not arise.

The focus here is that the company specializes in the critical components that are most important in its automobiles and would prefer to outsource non-critical parts to others,hence a modular approach to manufacturing is favored.

6 0
3 years ago
If you were originally a lender, remain a lender even after a decline in interest rates. Will you get better or worse after the
a_sh-v [17]

Answer:

yeah it will be worse than ever

Explanation:

in both cases

8 0
2 years ago
What are the advantages of a Free Enterprise system to consumers?
nlexa [21]
Answer is d. all of the above
8 0
3 years ago
Read 2 more answers
Marco is a Latino who lives in Boston, Massachusetts. Over the years, he has noticed that more stores in his community specializ
boyakko [2]

Answer:

<u>the trend of more Latino immigration </u>

Explanation:

The stores have identified a market opportunity because of the increase in Latino immigrants in Boston, Massachusetts.

Note that when a significant amount of a population come from a certain ethnic group, demand for ethnic products is more likely to increase. Thus, this has made Marco feel very much at home.

3 0
3 years ago
Other questions:
  • Suppose that an economy's labor productivity and total worker-hours each grew by 3 percent between year 1 and year 2. we could c
    6·1 answer
  • ___ data is generally stored in different file formats
    14·1 answer
  • Why is investing important in an economy?
    12·2 answers
  • Which of the following statements describes an inherent weakness in the use of the marginal-analysis model for establishing an a
    8·1 answer
  • In the real estate business, which professional’s primary role is to provide clients with the information they need to make info
    14·1 answer
  • The constitution sets forth specific powers that can be exercised by the national government and provides that the national gove
    6·1 answer
  • A manager makes the following statement to a subordinate: "I need this report back in five minutes, and it better be perfect." W
    14·1 answer
  • 1. Out of 115000 students, 20% failed in SLC,40% of failers.
    7·2 answers
  • Your brother rarely filters his observations and often makes insensitive comments that
    11·1 answer
  • Debra notes that Theo Chocolate has started holding its own operations to the same IMO standards of fair trade to which it holds
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!