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enot [183]
2 years ago
7

Latiker, Inc., manufactures and sells two products: Product Y9 and Product W0. Data concerning the expected production of each p

roduct and the expected total direct labor-hours (DLHs) required to produce that output appear below:
Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours
Product Y9 100 8 800
Product W0 100 10 1,000
Total direct labor-hours 1,800

The direct labor rate is $15.40 per DLH. The direct materials cost per unit for each product is given below:

Direct Materials Cost per Unit
Product Y9 $253.00
Product W0 $278.80

The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:



Activity Cost Pools Activity Measures Overhead Cost Product Y9 Product W0 Total
Labor-related DLHs $61,488 800 1,000 1,800
Machine setups setups 50,687 400 300 700
Order size MHs 155,754 5,000 5,200 10,200
$267,929

The activity rate for the Machine Setups activity cost pool under activity-based costing is closest to:

a. $31.15 per setup
b. $26.27 per setup
c. $29.95 per setup
d. $72.41 per setup
Business
1 answer:
SSSSS [86.1K]2 years ago
5 0

Answer:

d. $72.41 per setup

Explanation:

The computation of the activity rate for the machine setup activity pool is as follows;

The Activity rate for the Machine setups activity cost pool is

= Estimated overhead cost ÷ Total machine setup

= $50,687 ÷ 700

= $72.41 per setups

Hence, the activity rate for the machine setup activity pool is $72.41 per setup

Therefore the option d is correct

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The main difference between marketing research and a marketing information system is that the MIS is an information-gathering pr
Annette [7]

Answer:

False

Explanation:

Marketing research is a term that is used to refer to the process of systematically designing, collecting, interpreting, and reporting information. It is used to help marketers solve specific  marketing problems, and it is also used to take advantage of market opportunities. Marketing research is used to gather information which are not currently available to the decision makers.

A marketing information system (MIS) refers to a system in which marketing data is formally gathered, stored, analysed and distributed to managers in accordance with their informational needs on a regular basis. A management information system is systematically designed to support marketing decision making.

6 0
3 years ago
The per-unit standards for direct labor are 2 direct labor hours at $15 per hour. If in producing 2900 units, the actual direct
pashok25 [27]

Answer:

$5400 Favorable

Explanation:

Standard 2 hour at $15 per hour

Standard hours 2 hour per unit * 2900 units = 5800 hours

Total Standard cost = 5800 hours * $15 per hour =  $87,000

Actual hours = 5100

Actual cost = $81600 / 5100 hours = $16 per hour

Variance = Standard - Actual

Labor hour Variance Favorable = 700 hours (5800 hours - 5100 hours)

Total Labor variance = $5400 ($87,000 - $81,600)

4 0
3 years ago
)In six months, your company plans to issue a 1.5 year zero coupon bond with a face value of $500,000 to finance a small acquisi
pishuonlain [190]

Answer:

$441,495

Explanation:

Since the information is incomplete, I looked for the missing part and found the attached information.

the current yield of a 1.5 years zero coupon bond = (100 / 89.9)¹/¹°⁵ - 1 = 0.0736 = 7.36%

the current yield of a 6 months zero coupon bond = (100 / 97.087)¹/⁰°⁵ - 1 = 0.0609 = 6.09%

now to calculate the future interest rate:

(1.0736²/1.0609) - 1 = 0.0865 = 8.65%

since we are told to determine the price of the bond:

(100/P)¹/¹°⁵ - 1 = 0.0865

(100/P)¹/¹°⁵ = 1.0865

100/P = 1.0865¹°⁵

100/P = 1.1325

100/1.1325 = P

P = 88.299

the expected price of the bond = 88.299% x $500,000 = $441,495

8 0
3 years ago
Consider how health insurance affects the quantity of health care services performed. Suppose that the typical medical procedure
IrinaK [193]

Answer:

hello your question has some missing part attached below is the missing demand curve

Answer :

1) the quantity of health procedures Individuals will demand is greater than the optimal quantity ( 20  procedures )

2)  quantity of medical procedure

3) $200

Explanation:

1) Based on the given demand and supply, the given transportation problem is  the quantity of health procedures Individuals will demand is greater than the optimal quantity ( 20  procedures )

2) A dummy quantity of medical procedure should be introduced

3) Total cost of optimal solution

optimal quantity of medical procedure ( Qd) * price of medical procedure(Qp)

= 20 * 100

= $200

4 0
3 years ago
Write down any four techniques that you can practice to become an effective listener.
klemol [59]
For techniques that you can practice to become an efficient listener or listening with all ears paying attention giving feedback and observing your anatomy is of listening.
8 0
2 years ago
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