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jeka94
3 years ago
10

Using the direct method, Thomas Company allocates Maintenance Department costs based on square footage serviced, and it services

the Cutting and Assembly departments. It allocates Cafeteria Department costs based on the number of employees served in the Cutting and Assembly departments. It has the following information about its two service departments and two production departments, Cutting and Assembly: Square Feet Number of Employees Maintenance Department 500 20 Cafeteria Department 3,000 10 Cutting Department 1,000 60 Assembly Department 9,000 20 What is the percentage (proportional) usage of the Maintenance Department by the Cutting Department? a.28% b.10% c.25% d.7%
Business
1 answer:
marissa [1.9K]3 years ago
8 0

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Thomas Company allocates Maintenance Department costs based on square footage serviced.

Square feet:

Maintenance= 500

Cafeteria= 3,000

Cutting= 1,000

Assembly= 9,000

Total= 13,500

Proportional usage= cutting/total square feet= 1,000/13,500= 0.074= 7%

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A bond has a standard deviation of 10.7 percent and an average rate of return of 6.4 percent. What is the coefficient of variati
kirill [66]

Answer:

CoV = 1.671875 rounded off to 1.67

Explanation:

The coefficient of variation (CoV) is a measure of volatility of an investment. It tells the volatility in comparison with the expected return from the investment. We can say that the CoV tells us the risk per unit of return as CoV is calculated by dividing standard deviation, which is a measure of risk, by the expected return of the investment.

CoV = SD / r

Where,

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3 years ago
As companies shift from a product-centric focus to a customer-centric focus, a myth that almost all current customers are profit
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4 years ago
As assistant to the CFO of Boulder Inc., you must estimate the Year 1 cash flow for a project with the following data. What is t
kicyunya [14]

Answer:

a. $5,950

Explanation:

To determine aftertax cashflow for this company in year 1, use the following formula;

First find Net Income;

Net Income(NI) = (Revenues - Depreciation - Other operating costs)* (1-tax)

NI = (13,000 - 4,000 - 6,000) (1-0.35)

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Next, add back Depreciation since it is not an actual cash outflow;

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8 0
3 years ago
Suppose the marginal cost of the 1st hour of talking on the phone is $50, the marginal cost of the 2nd hour is $75, and the marg
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Answer:

$230

Explanation:

Data given in the question

Marginal cost of the first hour = $50

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3 years ago
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