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3 years ago

I Need Help On this Question

Business

1 answer:

harkovskaia [24]3 years ago

7 0

Answer:
i would say B

Explanation:
A product specification is a document with a set of requirements that provides product teams the information they need to build out new features or functionality.

hope this helps!! <3

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Camper's Edge Factory produces two products: canopies and tents. The total factory overhead is budgeted at $750,000 for the year

Pavel [41]

Answer:

Camper's Edge Factory

Departments Cutting Sewing

a. The total number of budgeted

direct labor hours for the year 60,000 70,000

b. Products Canopy Tent

Factory overhead per unit $17.50 $40

Explanation:

a) Data and Calculations:

Total budgeted factory overhead = $750,000

Canopy Tent Total

Direct labor hours

Cutting 2 1 3

Sewing 1 6 7

Total direct labor hours 3 7

Budgeted production units 20,000 10,000

Departments Cutting Sewing

Budgeted factory overhead $350,000 $400,000

Direct labor hours:

Canopy 40,000 (20,000 * 2) 10,000 (10,000 * 1)

Tent 20,000 (20,000 * 1) 60,000 (10,000 * 6)

Total direct labor hours 60,000 70,000

Overhead allocation rates $5.833 $5.714

($350,000/60,000) ($400,000/70,000)

Overhead per unit $17.50 ($5.833 * 3) $40 ($5.714 * 7)

5 0

3 years ago

If a pure monopolist is operating in a range of output where demand is elastic:

soldi70 [24.7K]

Answer: The correct answer is "c. marginal revenue will be positive but declining.".

Explanation: If a pure monopolist is operating in a range of output where demand is elastic: marginal revenue will be positive but declining.

To the extent that the monopolist's demand has a negative slope, the marginal income is always below it. And this is so because to sell more the monopolist has to lower the price, and this reduction in the price affects all the units that will sell.

3 0

3 years ago

. The use of money contributes to economic efficiency because: A. governmental direction of the production and distribution of o

Murrr4er [49]

Answer:

it promotes specialization by overcoming the problems with barter.

Explanation:

When economies are specialised workers focus on producing what they have competitive advantage in, and all other goods are purchased with the use of money. This increases economic efficiency and improves quality of products.

On the other hand the barter system involves exchange of goods between people. To get what I want I must provide the other person what they want. This promotes diversity of production with one person producing wide range of goods he does not have competitive advantage in.

So money increases economic efficiency.

4 0

3 years ago

The Isberg Company just paid a dividend of $0.75 per share, and that dividend is expected to grow at a constant rate of 5.50% pe

Ugo [173]

Answer:

d) $18.62

Explanation:

Hi, first, let´s introduce the formula to find the price of this stock.

$Price=\frac{D_{0} (1+g)}{(r-g)}$

Where:

Do = Last Dividend

g = growth rate

r = cost of equity

We have almost everything, all we need to do is find "r". That is:

$r=rf+beta*MRP$

Where:

rf = risk Free rate

MRP = market risk premium.

So, we find r first as follows:

$r=0.04+1.15*0.05=0.0975$

therefore, r = 9.75%. Now we are ready to find the price of the stock.

$Price=\frac{0.75*(1+0.055)}{0.0975-0.055} =18.62$

The price of this stock is $18.62

Best of luck.

3 0

4 years ago

"Clauss Company transfers out 14,000 units and has 2,000 units of ending work in process that are 25% complete. Materials are en

diamong [38]

Answer:

a. $112,000

b. $7,500

Explanation:

(a) transferred out

Units transferred out are 100% complete for both materials and conversion costs, thus multiply the Total Cost per Equivalent units with the number of units transferred.

Cost of units transferred out = $8 × 14,000 units

= $112,000

(b) in ending work in process

Units of ending work in process are 100% complete in terms of materials ( since materials are entered at the beginning of the process) whilst 25% complete in terms on conversion cost (applied uniformly during production).

Cost of ending work in process

Materials ($3 × 2,000 units) = $6,000

Conversion ($3 × (2,000 units × 25%)) = $1,500

Total Cost = $7,500

6 0

4 years ago