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valina [46]
3 years ago
6

Stark Corporation has two​ departments, Car Rental and Truck Rental. Central costs may be allocated to the two departments in va

rious ways. Car Rental Truck Rental Number of Vehicles in fleet 840 470 Number of employees 135 65 Sales $ 720 comma 000 $ 400 comma 000 If administrative expense of $ 62 comma 100.00 is allocated on the basis of number of​ employees, the cost per cost driver rate would be​ ________.
Business
1 answer:
cestrela7 [59]3 years ago
3 0

Answer:

310.5 activity rate per employee

Explanation:

Number of employees:

135 Car Rental

65 TruckRental

200 total

\frac{Activity\: Cost}{Pool}= Activity\:Rate

We have to distribute the total cost over the cost driver, in this case numebr of employee

62,100/200 = 310.5 activity rate

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Long-term investments that cost the company $25 were sold during the year for $54 and land that cost $53 was sold for $28. In ad
adell [148]

Answer:

Explanation:

Long-term Investment cost = $25

Long-term Investment sales value = $54

Gain from Long-term Investment = $(54-25) = $29

Land cost = $53

Land sales value = $28

Loss from sale of Land = $(28-53) = -$25

Cash Dividend paid = $22

Total change in Assets = $(29-25) = $4

Total change in Equity = -$22

6 0
3 years ago
On March 17, Jackal Lumber sold building materials to Fredo Limited for $15,000 with terms of 3/10, net 20. What amount did Jack
Brrunno [24]

Answer:

$15,0000 is recorded as revenue

Explanation:

The amount of $15,000 is recorded as revenue immediately the sale is made on March 17. The Discount allowed of $300 (2%).

"3/10, Net 20" means Fredo will enjoy 2% discount if he pays within 10 days or pays in full within 20 days. The amount recorded in revenue will not change regardless of which option he chooses.

8 0
3 years ago
Read 2 more answers
Beball camp example covered in the class, let's assume the segment size is 9000, price per participant is $90, frequency is 1, v
stealth61 [152]

Answer:

<u>The correct answer is D. About 1.37%</u>

Explanation:

1. Let's review the information given to us to answer the question correctly:

Segment size = 9,000

Number of participants in the camp = x

Total Fixed Cost (TFC) = $ 9,000  

Variable Cost per Person = $ 5  

Price per Person = $ 90

Profit = $ 1,500

2. Based on the assumption provided above, what percentage of the segment should participate if the program wants to make $1500 profit?

We can calculate the variable cost, this way:

Total Variable Cost = Variable cost per person * Number of participants

Total Variable Cost = $ 5 * x

Total Variable Cost = $ 5x

We can calculate the total cost of the program, this way:

Total Cost of the program = Total Variable cost + Total Fixed Cost  

Total Cost of the program = $ 5x+ $ 9,000

Total cost of the program = $ 9,000 + 5x

We can calculate the revenue of the program, this way:

Total revenue of the program = Price per person * Number of participants + Profit

Total revenue of the program = $ 90 * x + $ 1,500

Total revenue of the program = $ 90x + $ 1,500

For Break-even:

Total Variable cost + Total Fixed Cost = Price per person * Number of participants

Replacing with the values we know and solving for x:

9,000 + 5x =  90x

5x - 90x = - 9,000  (Like terms)

-85x = -9,000

x =  -9,000/-85

x = 106 (rounding to the next whole)

For $ 1,500 of profits:

Number of participants at break-even + Profits/Price per participant

106 + 1,500/90 = 106 + 16.7 = 123

123/1,500 = 0.0137 = 1.37% (Rounding to two decimal places)

<u>The correct answer is D. About 1.37%</u>

5 0
3 years ago
In employee is taking part in a performance appraisal process that requires the employee to rate a coworker's performance. In th
faust18 [17]

Performance appraisal is peculiar to establishments to better improve such. When a situation as the above is the case, then, tge situation is an example of Halo and Horn Effect.

<h3>Halo and Horn Effect</h3>

Halo and Horn Effect is when our first impression of somebody leads us to have a biased positive or negative opinion of their work or company. Hence, the relationship will most likely reflect in such situation.

Therefore, the answer is Halo and Horn Effect.

learn more about employees appraisal from here: brainly.com/question/26918375

4 0
2 years ago
In which statement(s) is "demand" used correctly?
bixtya [17]

Answer:

its Two

Explanation:

6 0
3 years ago
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