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kati45 [8]
3 years ago
13

Paparo Corporation has provided the following data from its activity-based costing system:

Business
1 answer:
Anuta_ua [19.1K]3 years ago
6 0

Answer:

Unitary cost= $133.30

Explanation:

Giving the following information:

Activity Cost Pool - Total Cost - Total Activity

Assembly - $846,040 - 52,000 machine-hours

Processing orders - $64,056 - 1,700 orders

Inspection - $102,408 - 1,360 inspection-hours

First, we need to calculate the estimated manufacturing overhead rate for each activity cost pool:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Assembly= 846,040/52,000= $16.27 per machine-hour

Processing= 64,056/1,700= $37.68 per order

Inspection= 102,408/1,360= $75.3 per inspection hour

Now, we can allocate overhead to product Q79Y:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Assembly=16.27*1,080= $17,571.6

Processing= 37.68*70= $2,637.6

Inspection= 75.3*20= $1,506

Total overhead= $21,715.2

Data concerning the company's product Q79Y appear below:

Annual unit production and sales 450

Direct materials cost $44.00 per unit

Direct labor cost $41.03 per unit

Finally, we calculate the unitary cost of product Q79Y:

Unitary cost= direct material + direct labor + allocated overhead

Unitary cost= 44 + 41.03 + (21,715.2/450)= $133.30

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Answer:  $47 million

Explanation:

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2 years ago
Firefly Inc. sold land for $225,000 cash. The land had been purchased five years earlier for $275,000. The loss on the sale was
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Answer:

$225,000

Explanation:

The cash flow statement is divided into three categories investing, operating and financing. The investing activity refers to those activities which deal in buying and selling for long term asset in cash. The buying is cash outflow while the selling is a cash inflow.  So the amount reported under the investing activity is $225,000 as cash inflow.

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2 years ago
suppose that lenders want to receive a real rate of interest of 5%, and that they expect inflation to remain steady at 3% in the
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The interest rate is 7%.

<u>Solution:</u>

The real rate of interest is always above the nominal interest rate when inflation is positive. In this case, we are told inflation is 3%. Since the real rate of return is the nominal interest rate minus inflation, we need a nominal interest rate of <u>5%+3%=8%</u> to get a real interest rate of 5%.

To calculate the real interest rate subtract the inflation rate from the nominal interest rate. Mathematically it looks like this The real interest rate is the nominal interest rate minus the inflation rate. Creeping inflation is a type of inflation in which the price level rises steadily at a moderate rate over an extended period of time.

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1 year ago
What was the greatest percentage loss in your total portfolio?
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Complete Question:

You'll now need to do some math to compute the percentage change in the value of your total portfolio. For each monthly statement, add up the value of the two funds to get your total portfolio value at the end of that month. Compute the month to month percentage change of the value of your portfolio by subtracting the beginning value from the ending value and then dividing it by the beginning value . What was the greatest percentage loss in your total portfolio?

3 0
1 year ago
1. All of the following are considered phases of the management process except _____. planning directing controlling executing b
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Answer:

1. Executing

2. Directing

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Explanation:

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1. All of the following are considered phases of the management process except EXECUTING

2. The process by which managers run day-to-day operations is called DIRECTING

3. CONTINUOUS PROCESS IMPROVEMENT is the philosophy of continually improving employees, business processes, and products.

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