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2 years ago

Under activity-based costing, nonmanufacturing costs ______.

Business

1 answer:

algol [13]2 years ago

6 0

Under activity-based costing, non manufacturing costs may be allocated to products based on cause

For better understanding, lets explain the term

Activity based costing is commonly described as an overhead cost-allocation system that shares overhead to different activity cost pools and gives each of the activity cost pools to products or services through of cost drivers that shows the activities used.

It is usually based on the cause or motives under activity based costing is manufacturing cost allocation. That is the cause of its use.

From the above. we can say the answer Under activity-based costing, non manufacturing costs may be allocated to products based on cause is correct

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Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.

Y_Kistochka [10]

Answer:

The price of the stock today is $13.58

Explanation:

Using the dividend discount model approach, we can calculate the price of the stock today. DDM bases the price of a stock on the present value of the expected future dividends from the stock. The dividends and the terminal value are discounted back to the present value using the required rate of return on the stock. The price per share today for this stock will be,

P0 = 0.75 / (1+0.17)^3 + 0.75 * (1+0.48) / (1+0.17)^4 +

0.75 * (1+0.48)^2 / (1+0.17)^5 +

[(0.75 * (1+0.48)^2 *(1+0.1) / (0.17 - 0.1)) / (1+0.17)^5 ]

P0 = $13.584 rounded off to $13.58

8 0

3 years ago

Larry Ellison starts a company that manufactures high-end custom leather bags. He hires two employees. Each employee only begins

Degger [83]

Answer:

12.55 days

Explanation:

Provided information

Number of employees 2

Average production time=1.8 days

Standard deviation=2.7 days

Inter-arrival time= 1 day

Coefficient of variation= 1 day

Standard deviation of inter-arrival time= 1 day

The coefficient of variations

Inter-arrival coefficient of variation

$C_{vi}=\frac {\sigma}{T}$ where $\sigma$ is standard deviation of inter-arrival time, T is inter-arrival time and $C_v$ is coefficient of variation of inter-arrival time

$C_{vi}=\frac {1 day}{1 day}=1$

Production time coefficient of variation

$C_{vp}=\frac {2.7}{1.8}=1.5$

Total utilization time

$U=\frac {T}{n*T_i}$ where T is the time of production, n is number of employees, U is utilization, $T_i$ is inter-arrival time

$U=\frac {1.8}{2*1}=0.9$

Therefore, utilization time by 2 employees is 0.9

Expected average waiting time

$T_e=(\frac {T}{n*T_i})*0.5(C_{vi}^{2}+C_{vp}^{2})*(\frac{U^{\sqrt{2(n+1)}-1}}{1-U})$

Where $T_e$ is expected average waiting time and the other symbols as already defined

Substituting 1.5 for $C_{vp}$ , 1 for $C_{vi}$ , 0.9 for U, 2 for n, 1 for $T_i$ and 1.8 for T

$T_e=(\frac {1.8}{2*1})*0.5(1^{2}+1.5^{2})*(\frac{0.9^{\sqrt{2(2+1)}-1}}{1-0.9})$

$T_e=0.9*1.625*8.583709=12.55367 days$ and rounding off to 2 decimal places we obtain 12.55 days

Therefore, expected duration between order received and beginning of production is approximately 12.55 days

7 0

2 years ago

Clayton, a supervisor, needs to rate the performance of 20 subordinates. He uses a rating scale to rate them on a scale of 1 to

tigry1 [53]

Answer:

The correct answer is a) distributional.

Explanation:

The standard error is the standard deviation of the sample distribution of a sample statistic.1 The term also refers to an estimate of the standard deviation, derived from a particular sample used to compute the estimate.

The sample mean is the usual estimator of a population mean. However, different samples chosen from the same population tend in general to give different values of sample means. The standard error of the mean (that is, the error due to the estimation of the population mean from the sample means) is the standard deviation of all possible samples (of a given size) chosen from that population. In addition, the standard error of the mean can refer to an estimate of the standard deviation, calculated from a sample of data that is being analyzed at the same time.

3 0

2 years ago

He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he successfully completes the

Salsk061 [2.6K]

Answer:

$36.79

Explanation:

Calculation to determine What will be the IPO price per share

First step is to calculate the Cumulative shares

Cumulative shares = 375,000 + 400,000 + 250,000 + 400,000 + 2 million

Cumulative shares = 3.425 million

Now let calculate the IPO price

IPO price = $14 × $9 million / 3.425 million

IPO price= $36.79

Therefore What will be the IPO price per share is $36.79

4 0

3 years ago

In which situation would an employer be required to pay overtime?

madreJ [45]

Situations in which an employer would be required to pay overtime are:

A salaried employee works on a Saturday

A salaried employee works on a federal holiday

Explanation:

Overtime payments are required b the law to pay to a firm when they make their employees work over the permissible limit of work or hat is allowed int he job contract as the work limit for the company.

The concept is introduced for salaried workers as the work for a salary for the month and not on the hourly basis.

They are to be paid whenever they are made to work over whatever is in their contract which includes Saturday for most workers who do not have an off then and also on federal holidays invariably.

3 0

3 years ago