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alekssr [168]
2 years ago
5

Marigold Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated

annual overhead cost for each activity is $157,500, $404,800, and $93,600, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,100, machine hours 25,300, and number of inspections 1,800.
Required:
Compute the overhead rate for each activity.
Business
1 answer:
Ghella [55]2 years ago
6 0

Answer and Explanation:

The computation of the overhead rate for each type of activity is as follows:

Overhead rate is

= Activity activity ÷ Level of activity driver

For machine setup, the Overhead rate is

= $157,500 ÷ 2,100 setup

= $75 per set-up

For machining, the overhead rate is

= $404,800 ÷ 25,300

= $16 per machine hour

For inspection, the overhead rate is

= $93,600 ÷ 1,800

= $52 per inspection

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laiz [17]

The right Response is Option B i.e

B. <u>Evaluation</u>

The steps of the nursing process include assessment, nursing diagnosis, planning, intervention, and evaluation. These five steps are used cyclically and repeatedly during patient care. The sequence must be followed from start to finish to ensure that the needs of the patient are addressed.

<u>Steps/Phases of the Nursing Process:</u>

  1. Assessment
  2. Diagnosis
  3. Outcome Identification
  4. Planning
  5. Implementation
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Correct Question - In which step of the nursing process does the nurse determine the outcome of medication administration?

A. Planning

B. Evaluation

C. Assessment

D. Implementation

5 0
2 years ago
A student finds data on an internet site that contains financial information about selected companies. he plans to analyze the d
garri49 [273]

The kind of data source is not known. Results may be invalid because some internet websites don’t upgrade their formats to the latest one. A lot of important details may also be missing from internet sites since some of their formats are incorrect while their data cannot be used as resource in some statistic software.

6 0
3 years ago
An increase in the price of poultry would lead to__________
elixir [45]

Answer:

c.a decrease in quantity demanded of poultry and an increase in the demand for fish.

Explanation:

The law of demand states that the higher the price , the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Following from the law of demand, if the price of poultry increases, the quantity of poultry demanded would fall.

Because fish and poultry are subsituites goods, if the price of poultry increases, the demand for fish would increase.

I hope my answer helps you.

6 0
3 years ago
Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salvage value of . The company u
Papessa [141]

Answer:

4.2 years

Explanation:

Here is the complete question

Project A requires a $ 385,000 initial investment for new machinery with a five year life and a salvage value of $44,000. The company uses straight - line depreciation . Project A is expected to yield annual net income of $ 23,100 per year for the next five years.

Required:

Compute Project A's payback period.

Payback = amount invested / cash flow

cash flow = net income + depreciation

depreciation = (cost of asset - salvage value) / useful life

(385,000 - 44,000) / 5 = 68,200

Cash flow = 68,200 + $ 23,100 = 91300

$ 385,000 / 91300 =4.2

6 0
3 years ago
If your purchases of shoes increase from 9 pairs per year to 11 pairs per year when your income increases from $19,000 to $21,00
fiasKO [112]

Answer:

Option (a) is correct.

Explanation:

Here, shoes are normal goods as there is a positive relationship between the income level of the consumer and the quantity demanded for shoes. It can be seen that as the income of the consumer increases from $19,000 to $21,000 then as a result the quantity of pairs of shoes demanded increases from 9 to 11 pairs. Normal goods are generally have positive income elasticity of demand.

Therefore, the shoes are normal goods in this case.

7 0
3 years ago
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