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r-ruslan [8.4K]
4 years ago
10

The objective of financial reporting is to provide useful financial information to capital providers.

Business
1 answer:
Amiraneli [1.4K]4 years ago
6 0

i think it is B

Explanation:

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Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assigning to each prod
professor190 [17]

Answer:

Explanation:

Answer:

Total

Units Produced

42000

15000

Hours per unit

1

3

Total Hours

42000

45000

87000

So total hours required = 87000 hours

Now we will find overhead rate per hour

Total Overhead= $846.000

Overhead Rate per Hour

=$ 846000/87000

= $9.72 per Hrs.

overhead rate per hour =$ 9.72 per hour

_______________________________________

Car

Wheel

Total Hrs.

42000

45000

Hourly Rate

$9.72

$9.72

Allocated Overhead

$408414.00

$437586

_________________________________________________

Activity

No. of

Activity

Overhead Cost

Cost Per Activity

Setting up machines

1000

$215,000

$215.00

Assembling

87000

$347,000

$3.99

Inspection

1200

$284,000

$236.67

Activity

Car=A

Truck =B

Rate=C

Total $ Car=A*C

Total $ Truck=B*C

Setting up machines

200

800

$215.00

$43,000.00

$172,000.00

Assembling

42000

45000

$3.99

$167,517.24

$179,482.76

Inspection

100

1100

$236.67

$23,666.67

$260,333.33

$234,183.91

$611,816.09

3 0
3 years ago
Yvonne knows her firm must look at everything it does from a consumer's point of view. one major difficulty is that consumers' _
Sladkaya [172]

Yvonne knows her firm must look at everything it does from a consumer's point of view. one major difficulty is that consumers' needs , wants and ability to purchase change(s) over time.

A person will look for and purchase a good or service because of their necessities. The necessity is what motivates the decision to buy. Sales will increase when a company becomes more adept at identifying these demands and providing goods and services which satisfies the consumer needs.

The majority of business concepts are born when an entrepreneur recognises a demand for a good or service. An entrepreneur or small business must take into account four primary customer needs. Price, quality, choice, and convenience top the list.

Learn more about consumer needs

brainly.com/question/4264848

#SPJ4

8 0
2 years ago
What will an executive summary for a new business contain that a business plan for a well-established business will not?
Setler [38]
Hello,

The answer is option A "a mission statement".

Reason:

The answer is option A because the mission statement pretty much tells the goals of the business. Its not option B because every executive summary must include funding's on its products (to show if they raised prices or sales). Its not option C because every businesses wants to grow in order to make more money (by making more stores). Its also not option D because every summary will have the information about the newest products and services for there business.

If you need anymore help feel free to asks me!

Hope this helps!

~Nonportrit
3 0
4 years ago
Read 2 more answers
Scientific management approach has lost its relevance. How might today's
Setler [38]

Answer:

syntific mamagement loss it relevance its relevs today it will might today it will not lost revalance

6 0
3 years ago
The weighted average cost of capital for a firm with debt is the:
tankabanditka [31]

Answer:

Rate of return a firm must earn on its existing assets to maintain the current value of its stock.

Explanation:

The expected return is calculated on cost of capital, and that the cost of capital is weighted average cost of capital.

This is because weighted average cost of capital is the cost of capital which is based on the overall risk and weights of capital in the total capital of the company.

When the net return on total capital is less than weighted average cost of capital it means the company is not able to meet the total cost of capital and accordingly, the company faces some sort of losses.

Therefore, minimum return shall be equal to weighted average cost of capital.

3 0
4 years ago
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