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Reptile [31]
3 years ago
13

Phelan Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and

Business
1 answer:
Rom4ik [11]3 years ago
5 0

Answer:

below

Explanation:

Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below.

Activity Cost Activity Base

Procurement $383,000 Number of purchase orders

Scheduling 211,000 Number of production orders

Materials handling 425,500 Number of moves

Product development 710,900 Number of engineering changes

Production 1,420,000 Machine hours

Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Changes Machine Hours Number of Units

Disk drives 4,200 450 1,260 11 2,500 2,100

Tape drives 1,600 125 500 6 8,000 4,200

Wire drives 12,200 800 4,200 20 11,100 2,500

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Answer:

Cole should record amortization expense for the leased machine at $9,000.

Explanation:

Machine cost would be recorded in book at = present value of Aggregate lease payments

Machine cost would be recorded in book at = $108,000

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Depreciation (amortization) expense for the leased machine in  first year= ($108,000 - 0)/12

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Therefore, Cole should record amortization expense for the leased machine at $9,000.

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3 years ago
Should scalpers go get a d*mn life and get a real job instead of sitting inside their homes and skipping showers 5 times a week
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I-  that was deep

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3 years ago
On November 3, the spot price for cotton was $0.81/lb., and the February futures price was $0.83/lb. On November 3, Levi Strauss
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Answer:

C : $3,000,000

Explanation:

The Levi Strauss has sold futures at the price of $0.83/lb. The spot price for cotton is $0.81/lb. The difference between spot and exchange price is 0.02/lb ($0.83/lb - $0.81/lb). On November 30, The future prices of cotton raised to 0.85/lb. The average spot of the inventory when purchased was 0.58/lb. To record the inventory in balance sheet we will use average spot plus difference of spot and exchange price $0.58/lb + $0.02/lb = $0.60/lb. The total amount which will be reported in balance sheet will be 200 futures contacts * 25,000lbs * $060/lb = $3,000,000.

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3 years ago
Suppose that you have just borrowed $250,000 in the form of a 30 year mortgage. The loan has an annual interest rate of 9% with
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Answer:

Consider the following calculations

Explanation:

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  • Num_Pmt_Per_Year = 12

  • Loan_Years = 30

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7 0
3 years ago
A monopoly firm can sell 150 units of output for $10 per unit. Alternatively, it can sell 151 units of output for $9.98 per unit
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If A monopoly firm can sell 150 units of output for $10 per unit. The marginal revenue of the 151st unit of output is $6.98.

<h3>Marginal revenue</h3>

Using this formula

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Therefore the marginal revenue of the 151st unit of output is $6.98.

Learn more about marginal revenue here:brainly.com/question/10822075

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