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natima [27]
2 years ago
15

Grassley Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and anticipated long-ru

n monthly usage of staff hours for Operating Departments 1 and 2 follow. Department 1 Department 2 Total Short-run usage (hours) 40,000 60,000 100,000 Long-run usage (hours) 45,000 55,000 100,000 If Grassley uses dual-cost accounting procedures and variable administrative costs total $200,000, the amount of variable administrative cost to allocate to Department 1 would be
Business
1 answer:
vodka [1.7K]2 years ago
4 0

Answer:

$80,000

Explanation:

Calculation to determine what the amount of variable administrative cost to allocate to Department 1 would be

Variable administrative cost to allocate to Department 1=(40,000 ÷100,000) x $200,000

Variable administrative cost to allocate to Department 1=0.4×$200,000

Variable administrative cost to allocate to Department 1= $80,000

Therefore The Variable administrative cost to allocate to Department 1 would be $80,000

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At Richardson Manufacturing Company, there are two factors that determine the cost of health care. If an employee makes less tha
OLEGan [10]

Answer:

15%

Explanation:

Catherine is a departmental manager at Richardson

She earns $68,300 every month

She has family health care

Her employer contributes $935 every year towards total coverage Cost

The first step is to calculate the total contribution

Catherine rate for health care is $165 since her monthly pay is higher than $55,000

Total contribution = $165 + $935

= $1,100

Therefore the percent in which Catherine contributes towards total coverage can be calculated as follows

= 165/1,100 × 100

= 0.15 × 100

= 15%

Hence Catherine contributes 15% towards the total coverage

8 0
3 years ago
Which of the following statements is true?
borishaifa [10]

Answer:

A) The Heckscher-Ohlin model offers a reasonable explanation of the pattern of trade and the gains from trade.

Explanation:

A) The Heckscher-Ohlin model mentions that some countries have capital products and some have labor work products. In that condition some countries might be producing capital products like cars and mobile phones however these countries might have less labor work products like agricultural products so that they can not produce enough food. In that sense there is a trade that occurs between two countries one having a capital like a car and others having a high food production so the trade gets balance thanks to this import and export of products. Basically, each country exports its products that they are leading whether it has capital good or labor work good and imports goods that they are lack of it whether it is capital or labor work products. Well, gains from trade happens thanks to this exchange.

B) No, the Heckscher-Ohlin model offers a pattern of trade between two countries according to capital goods and labor work products.

C) No, the Heckscher-Ohlin model explains the gain. Possible to gain from your goods. If a country produces capital good then gains from that or produce labor work good then gains from it by export to other countries that they have lack of that good.

D) The Ricardian trade model focuses only on labor work goods but Heckscher-Ohlin states that trade based on labor work goods and capital goods.

5 0
3 years ago
Brainstorming is only effective when done
scoundrel [369]

Answer:

In groups

Explanation:

Brainstorming is a problem-solving technique where members of a group are encouraged to contribute ideas that could solve the problem at hand. There are right or wrong proposals. Every suggestion is discussed extensively.

Brainstorming allows for deliberations on diverse possible solutions to a problem. The idea that is acceptable by all members is considered the group's decision.

4 0
3 years ago
Eskimo​ joe's sells​ branded, ready-to-wear​ clothing, hats, drink​ ware, coasters, and other products directly to end consumers
Leokris [45]
<span>These product categories represent the breadth of Eskimo Joe's product assortment. The breadth of product assortment refers to the amount of product lines, not necessarily the amount of a single product. Here, Eskimo Joe's frequently sells different product lines (clothing, hats, etc.). Thus, these categories represent the breadth of his assortment.</span>
8 0
3 years ago
Tire manufacturer Firebridge sells tires to retail firm A. Average annual sales for firm A is $55,000. Average profit margin is
ahrayia [7]

Answer:

The Customer Lifetime Value of firm A amounts to $41,405. Hence, the correct option is 3

Explanation:

The formula to compute the Customer Lifetime Value of firm A is:

Customer Lifetime Value of firm A = Average annual sales × Average Profit Margin × Uniform series PW ( Present Worth) factor

= $55,000 × 15% × 5.0188

= $41,405

where

Average annual sales is $55,000

Average Profit Margin is 15%

We need to find out this:

The formula to compute this:

Uniform series PW factor = ( 1 + i%) ^ n - 1 / i % × ( 1 + i%) ^ n

                                          = ( 1 + 15%) ^ 10 - 1 / 15% × ( 1 + 15%) ^ 10

                                          = (1.15 ^ 10 -1) / (0.15 × 1.15 ^10)

                                          = 5.0188

3 0
3 years ago
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