1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sonja [21]
3 years ago
11

Goertz Corporation has an activity-based costing system with three activity cost pools--Machining, Order Filling, and Other. In

the first stage allocations, costs in the two overhead accounts, equipment depreciation, and supervisory expense are allocated to the three activity cost pools based on resource consumption. Data used in the first stage allocations follow:
Overhead costs:
Equipment depreciation $ 51,000
Supervisory expense $ 3,000
Distribution of Resource Consumption Across Activity Cost Pools:
Activity Cost Pools
Machining Order Filling Other
Equipment depreciation 0.40 0.10 0.50
Supervisory expense 0.20 0.30 0.50
Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data for the company's two products follow:
Activity:
MHs (Machining) Orders (Order Filling)
Product J3 9,100 100
Product F7 900 900
Total 10,000 1,000
Finally, the costs of Machining and Order Filling are combined with the following sales and direct cost data to determine product margins.
Sales and Direct Cost Data:
Product J3 Product F7
Sales (total) $ 145,200 $ 90,700
Direct materials (total) $ 81,400 $ 38,600
Direct labor (total) $ 37,700 $ 42,400
How much overhead cost is allocated to the Order Filling activity cost pool under activity-based costing?
a. $5,100
b. $900
c. $27,000
d. $6,000
Business
1 answer:
4vir4ik [10]3 years ago
4 0

Answer: D. $6,000

Explanation:

Given the following :

Activity cost pool

- - - - - - - - - - - - - - - - - - Machining Order Filling Other

Equipment depreciation 0.40 - - - - - 0.10 - - 0.50

Supervisory expense - - 0.20 - - - - - 0.30 - - 0.50

First stage allocation:

Overhead cost

Equipment depreciation - $51,000

Supervisory expense - $3000

Order filling:

Equipment depreciation - $51,000 × 0.1 = $5100

Supervisory expense - $3000 × 0.3 = $900

Total overhead - $( 5100 + 900) = $6,000

You might be interested in
PGP Co. expects to issue a $1,000 face-value bond that matures in 8 years. The annual coupon rate is 9% and interest payments ar
Harlamova29_29 [7]

Answer:

Required return is 8.75%

Explanation:

Given,

FV (Face Value) is $1,000

PV (present Value) is computed as:

PV = FV × Price

= $1,000 × 101.4%

= $1,014

Nper (Number of years) is 8 years

PMT (Monthly payment) is computed as:

PMT = FV × Coupon rate

= $1,000 × 9%

= $90

r (Required return) is computed by using the excel formula:

=Rate(nper, pmt, pv, fv, type)

= Rate (8,90,-1014,1000,0)

= 8.75%

4 0
3 years ago
Who would recall an unsafe toy that presents a choking hazard to young children?
lora16 [44]
The third option, Consumer Product Safety Commission is who would recall an unsafe toy that presents a choking hazard to young children.
CIA deals with other things. :) Food and drug administration has nothing to do with toys. Federal communications commission has to do with communication as the name itself says. 
8 0
3 years ago
Question 5 of 12 An insured and his wife are both involved in a head-on collision. The husband dies instantly, and the wife dies
Roman55 [17]

An insured and his wife are both involved in a head-on collision. The husband dies instantly, and the wife dies 15 days later. The company pays the death benefit to the estate of the insured. This indicates that the life insurance policy had they were in the room alone

This is further explained below.

<h3>What is an insurance policy?</h3>

Both the insured person and his wife are engaged in an accident that occurs head-on. The husband passes away in an instant, and the wife follows him in passing 15 days later. The death benefit is paid out by the firm to the estate of the covered person. This suggests that the life insurance coverage would not have paid out if they were alone in the room.

In conclusion, A legal relationship exists between an insurance firm, often known as the insurer, and the person(s), business, or entity that is being covered under the terms of an insurance policy (the insured). Reading your policy gives you the ability to check that it satisfies your requirements and ensures that you comprehend both your duties and those of the insurance business in the event of a loss.

Read more about insurance policy

brainly.com/question/17479291

#SPJ1

4 0
2 years ago
A firm based in Norway has found that its growth is restricted by the limited liquidity of the Norwegian capital market. List th
Harlamova29_29 [7]

Answer:

The Mexican firm can bring capital up in the worldwide value Market, worldwide security showcase, or the Eurocurrency advertise.  

<u>The worldwide value Market </u>

The firm can offer corporate stock to outsiders on the worldwide value showcase. Numerous speculators don't accepting stock outside their national or closest stock trade. The Mexican firm can show itself on the New York, London, Hong Kong, and so on stock trade to get more speculators at a lower cost of capital. The drawback is that organizations need to set up their budget summaries in a way worthy to the outside stock trades.  

<u>The worldwide security showcase  </u>

The firm can offer a guarantee to pay in two habits, an outside bond and a Eurobond. Outside bonds are paid in the cash of the country where they are given, Eurobonds are paid in a money other than the cash where they are given. On the off chance that the firm sells an outside bond in the US, it will take care of head and enthusiasm for dollars. On the off chance that it does as such in Britain, the bond will be taken care of in pounds. With a Eurobond, the firm can sell the bond in Britain yet take care of it in dollars, yen, and so forth. Advantages incorporate less guideline, not following the local cash guarantor's money related revealing prerequisites, and not paying the local money backer's annual expenses. For instance, if the organization obtained in dollars from Britain, the organization would not need to reply to the SCC, record as indicated by US GAAP bookkeeping gauges, or make good on US annual charges  

<u>The Eurocurrency showcase  </u>

In the Eurocurrency showcase, the Mexican firm can apply for a line of credit in dollars from Britain, an advance in yen from the United States, or an advance in Euro in Japan. Less guideline brings about a lower financing cost on Eurocurrency credits. Lamentably, less guideline additionally implies a somewhat improved probability of bank disappointment.  

One drawback to these is outside trade risk. In the event that the Mexican peso devalues, the peso has less worth comparative with another unit of cash. More pesos should then be utilized to pay dollar or euro named premium installments, rule installments, profits, and so forth. In a specific way these techniques for raising outside capital have remote trade risk. Since profits don't need to be paid while advances, premium installments, and standard installments do; it may be increasingly alluring to utilize the worldwide value advertise. The main path for the Mexican firm to totally stay away from exchange risk is to utilize the Mexican capital markets.

6 0
3 years ago
Belltone Company made the following expenditures related to its 10-year-old manufacturing facility:
solong [7]

Answer:

Acc dep - manufacturing facility  205,000 debit

                           Cash                                205,000 credit

--to record cost heating system--

Wing              780,000 debit

        Cash                  780,000 credit

--to reocrd addition of a new wing--

maintenance expense 15,500 debit

                           cash              15,500 credit

--to record maintenance expense for the period

Assembly line 42,000 debit

               Cash              42,000 credit

--to record new assembly line--

Explanation:

1.- the improvements will decrease the accumulated depreciation

2.- The wing will be considered a new asset and depreciate separately

3.- the maintenance cost is cost of the period as it do not upgrade or change the productivity is a cost to maintain the current level.

4.- the assembly line will be reocgnize as an asset as increase the productive capaictive of the plant

5 0
3 years ago
Other questions:
  • 1. Gerald and Moira Johnson, are married taxpayers with two children, Michael and Oliver. Oliver lives with the Ryans and Michae
    9·1 answer
  • In advertising, rating refers to multiple choice the geographic region to which an advertising campaign will be directed. the gr
    12·1 answer
  • A retail outlet has received complaints from customers that checking prices, finding out about stock, and checking out takes too
    13·2 answers
  • An increase in the price of hay would cause the supply of beef to ___________. Which determinant causes this change? ___________
    8·1 answer
  • Research suggests that, on average, acquisitions increased the market value of target firms by about ________ percent and ______
    5·1 answer
  • Camrim Inc., experienced the following events in 2018, its first year of operation: Performed counseling services for $21,700 on
    8·1 answer
  • I wanna to know answers for this questions
    11·2 answers
  • An issuer has filed a registration statement in the state proposing to offer 500,000 shares in a combined primary and secondary
    15·1 answer
  • ___________ states that if there is no specific employment contract saying otherwise, the employer or employee may end an employ
    12·1 answer
  • Which of the following statements is NOT correct? Select one: a. After a 3-for-1 stock split, a company's price per share should
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!