Answer:
Instructions are listed below
Explanation:
Giving the following information:
Condelezza Co. expects to produce 10,000 units of Product A and 20,000 units of Product B in the coming year.
Budgeted factory overhead costs for the coming year are:
Assembly $310,000
Finishing 240,000
Total $550,000
The machine hours expected to be used in the coming year are as follows:
Assembly Dept.
Product A 15,100
Product B 4,900
Total 20,000
Finishing Dept.
Product A 9,000
Product B 11,000
Total 20,000
A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 550,000/40,000= $13.75 per machine hour
B) Departamental rates:
Assembly= 310,000/20,000= $15.5 per machine hour.
Finishing= 240,000/20,000= $12 per machine hour.
Through price collusion, each firm would achieve higher profits.
When competing businesses agree to cooperate, such as by raising prices in order to increase profits, this is called collusion. Collusion is a strategy used by businesses to increase profits at the expense of customers and lowers market competition.
Lower consumer surplus, higher prices, and more profits for the colluding businesses are the results of collusion. It may enable oligopolists to exercise monopoly power and increase their group earnings. In an oligopoly, businesses have a strong incentive to work together.
Collusion may be a tactic used in times of unproductive economic circumstances to try and rescue the industry and save companies from going out of business, which would not be for the long-term benefit of consumers.
To learn more about collusion
brainly.com/question/15776792
#SPJ4
Answer:
$1,593,535.83
Explanation:
Future Value of mortgage determines the future value of a mortgage after payments have been made, at a regular frequency, charged a regular rate of interest, compounded at payment dates.
DATA
PV = $1,500,000
N = 24
r = 0.04/12
PMT = $1250
FV =?
Solution
PV = (PMT/r)*[1 – 1/(1 + r)^N] + FV/(1 + r)^N
1,500,000 = (1250/(0.04/12)) * (1 – 1/(1 + 0.04/12)^24) + FV/(1 + 0.04/12)^24
1,500,000 = 28785.31353687 + 0.92323916 FV
FV = (1,500,000 - 28785.31353687)/ 0.92323916
FV = $1,593,535.83
We are given the different rates and charges and is asked in the problem the unknown tax rate she pays on meals if the total cost of the trip is equal ot $420.04. In this case, the equation goes:
80 x 3 + 80 x 0.1 x 3 + 80 x 0.09 x 3 + 109.3 x 1.15 + 109. 3 x z = 420.04
z = 0.08
<span>how would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold ?
C) The supply of smartphones would decrease.
Excise taxes are based on the quantity of an item and not on its value. For example, the federal government imposes an excise tax of 18.4 cents on every gallon of gas purchased, regardless of the price charged by the seller. States often add an additional excise tax on each gallon of fuel.
so, government will charged 5.00$ excise tax on smartphone will affected supply of smartphones would decrease.</span>
