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gayaneshka [121]
3 years ago
14

Activity-based costing for a service business

Business
1 answer:
shtirl [24]3 years ago
3 0

Answer:

a. $56

b. $95

Explanation:

The computation is shown below:

a, The total monthly activity-based cost for Corner Cleaners Inc is

= $3.50 × 12 + $0.12 × 100 + $0.10 × 20

= $42 + $12 + $2

= $56

b  the total activity-based cost for Campbell’s visit i

= $8 × 1 + $25 × 3 + $4 × $3

= $8 + $75 + $12

= $95

Hence, the same should be considered and relevant

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You need to accumulate $10,000. To do so, you plan to make deposits of $1,100 per year - with the first payment being made a yea
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Answer:

Explanation:

Using future annuity formula

Fv = Pmt ( (1+r)ⁿ -1 )/ r

\frac{FVr}{Pmt}  + 1 = (1+r)ⁿ

In ( \frac{FVr}{Pmt} + 1) = n In ( 1+r)

n =  In ( \frac{FVr}{Pmt} + 1)  / In ( 1 + r)

FV, future value = $10,000, Pmt, periodic payment per year = $1,100, r rate = 11.82% = 0.1182 and n =  number of years

n = 0.7297 / 0.11172 = 6.53 years approx 7 years

the last year payment will actually be less than $1,100

6 0
3 years ago
List three things you can do to improve job satisfaction
andrew-mc [135]

1. Respectful treatment of all employees at all levels

2. Trust between employees and senior management

3. Job security

Hope that helps :)

7 0
3 years ago
Read 2 more answers
Suppose buyers of computers and printers regard the two goods as complements. Then an increase in the price of computers will ca
Marysya12 [62]

Answer:

The answer is: A) Decrease in the demand for printers and a decrease in the quantity supplied of printers.

Explanation:

Since computers and printers are complimentary products, the increase in the price of computers will decrease the quantity demanded of computers and printers. Since the quantity demanded for printers will decrease, the quantity supplied should also decrease.

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3 years ago
Your company is estimated to make dividends payments of $2.4 next year, $3.4 the year after, and $4.1 in the year after that. Th
Dahasolnce [82]

Answer:

40.78

Explanation:

4 0
3 years ago
You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 4.6 percent indefinitely
MAXImum [283]

price per share of the company's stock is $53.28

Explanation:

Under dividend growth model a stock is overvalued or undervalued assuming that the firm’s expected dividends grow at a value g forever, which is subtracted from the required rate of return or k.

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P= price per share

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k = required return

g = growth rate

P= $3.41 ÷ (11 %  - 4.6% ) =( 3.41 ÷ 0.064 )=  $53.28

P= $3.41 ÷ (0.11  - 0.046 ) =( 3.41 ÷ 0.064 )=  $53.28

6 0
3 years ago
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