Answer:
Explanation:
Overhead allocated to Product X = Department A overhead cost+ Department B overhead cost
= $51,157.84+$5755.62=
= $56,913
Calculations:
Using a single-driver allocation system, with direct labor hours as the driver, how much overhead was allocated to Product X:
Department A's Overhead rate per labor hour = Overhead costs/Total direct labor hours = $4300000/60000 hours = $71.66 per hour
Overhead (Department A) = $71.66per hour*724 labor hours
= $51,157.84
Department B's Overhead rate per labor hour = Overhead costs/Total direct labor hours = $2200000/60000 hours = $36.66 per hour
Overhead (Department A) = $36.66 per hour*157 labor hours
= $5755.62
Short position (I think you were supposed to add answers)
Answer:
d. The cost of the parking permit is part of the opportunity cost of attending college if you would not have to pay for parking otherwise.
Explanation:
Opportunity cost is a microeconomic concept used to describe how much an economic agent fails to earn in one economic activity by employing money in another economic activity. Thus, all expenses that a student performs to study at the university, including tuition, gasoline, parking, material, and time spent on the activity, is considered an opportunity cost, since all of this could be spent on another activity.
Answer:
d. 85
Explanation:
safety stock = z-score x standard deviation of demand x √lead time
z-score for 95% confidence level (using a table) = 1.644
standard deviation of demand = 30
√lead time = √3 = 1.732
safety stock = 1.644 x 30 x 1.732 = 85.42 ≈ 85 bottles of ketchup
Answer:
12,000,000; $6,000,000
Explanation:
the amount of economic investment from BBQ’s actions
BBQ builds 10 new restaurants at $1 million per restaurant
= $1 million × 10
= $10 million
equipment and furnishings = $200,000 for each restaurant
Total = $200,000 × 10 restaurants
$2 million
Total economic investment from BBQ’s actions = $10 million + $2 million
= $12 million
B. How much purely financial investment took place?
BBQ issues and sells 200,000 shares of stock at $30 per share
But the total
= 30% × $2 million
= $600000 for each restaurant
Total for the 10 restaurants will be
$600000 × 10
= $6,000,000
