The predetermined overhead rate is multiplied by the actual allocation base incurred by a job to find ______.

Answers

Answer 1

Answer:

overhead applied to the job.

Explanation:

The formula to determine the predetermined overhead rate is given below:

Predetermined overhead rate is

= Estimated manufacturing overhead ÷ estimated activity level

Now when the predetermined overhead rate calculated after that we multiplied the rate with the actual allocation base in order to determine the applied overhead to the job


Related Questions

Periwinkle Manufacturing Company has the following budgeted costs for 10,000 units: Variable Costs Fixed CostsManufacturing $200,000 $75,000 Selling & Administrative 100,000 25,000Total $300,000 $100,000What is the initial selling price needed to obtain a target profit of $200,000 using the variable cost markup method?A. $30.B. $55.C. $60.D. $50.

Answers

Answer:

C. $60

Explanation:

Calculation to determine the initial selling price needed to obtain a target profit of $200,000 using the variable cost markup method

Using this formula

Contribution margin = (Selling price x Units produced) - Variable costs

Profit = Contribution - Fixed costs

Profit = $200,000

Fixed costs = $100,000

Variable costs = $300,000

$200,000 = Contribution -$100,000

Contribution=$200,000+$100,000

Contribution = $300,000

$300,000 = (Selling price x 10,000 units)-$300,000

Selling price=$300,000+$300,000/10,000 units

Selling price =$600,000 /10,000 units

Selling price = $60

Therefore the initial selling price that is needed to obtain a target profit of $200,000 using the variable cost markup method is $60

Clay is a marketing student learning how to evaluate value propositions for effectiveness. He looked through ten different propositions and found them to all be ineffective. What elements did he mostly likely identify as the reasons for their ineffectiveness?

Answers

Answer: they were generic, and they had no unique value communicated

Explanation:

Value proposition refers to the promise

that's made by an organization to its customers indicating why a product should be bought.

Since Clay looked through ten different propositions and found them to all be ineffective, the reason attributed to this will be due to the fact that the propositions were generic, and had no unique value communicated.

Prepare the Statement of Retained Earnings from the Adjusted Trial Balance and Income Statement. Within each section of the statement, use the drop-down menus to enter the accounts in Chart of Accounts order and select the account balances. SMART TOUCH LEARNING SMART TOUCH LEARNING Adjusted Trial Balance December 31, 2016 Income Statement Month Ended December 31, 2016 Balance Debit Credit Revenue: Account Title Service Revenue 51,300 Cash 16,900 Accounts Receivable 9,300 Expenses: 2,200 Office Supplies 200 Depreciation Expense--Furniture Interest Expense 300 Prepaid Rent 11,200 3,300 Rent Expense Furniture 19,700 Salaries Expense 3,900 Accumulated Depreciation--Furniture 6,700 Accounts Payable 900 2,200 Supplies Expense Total Expenses 10,600 Salaries Payable 500 Net Income Interest Payable 40,700 300 Unearned Revenue 5,600
Notes Payable 7,900 Common Stock 11,000 Retained Earnings 11,200 Dividends 28,800 Service Revenue 51,300 Depreciation Expense-- Furniture 2,200 Interest Expense 300 Rent Expense 3,300 Salaries Expense 3,900 Retained Earnings, December 31, 2016 23,100 Supplies Expense 900 Total 96,700 96,700

Answers

Answer:

                 SMART TOUCH LEARNING

             Statement of Retained Earnings

     For the Month Ended, December 31, 2016

Particulars                                             Amount

Retained earning Dec 1, 2016              $11,200

Add: Net Income                                   $40,700

                                                               $51,900

Less: Dividend                                       $28,800

Retained earning Dec 31, 2016          $23,100

、HowTotalRevenueChangesWhenPriceChanges?PleaseusetheElasticityandDemand 订curvetoexplainit.​

Answers

If price changes by a larger percentage than quantity demanded (i.e., if demand is price inelastic), total revenue will move in the direction of the price change. ... Demand is unit price elastic, and total revenue remains unchanged. Quantity demanded falls by the same percentage by which price increases.

The three steps which will create triangular arbitrage profit are as follows: first step, convert ____; second step, convert _______, and third step, convert ______.
a) USD to GBP; CHF to GBP; CHF to USD
b) USD to GBP; GBP to CHF; CHF to USD
c) USD to CHF; GBP to CHF; GBP to USD
d) USD to CHF; CHF to GBP; GBP to USD

Answers

Answer:

The correct option is b) USD to GBP; GBP to CHF; CHF to USD.

Explanation:

A triangular arbitrage can be described as the act of taking advantage of a foreign exchange market arbitrage opportunity created by a pricing difference between three different currencies.

A triangle arbitrage method entails three deals, with the first currency being converted to a second, the second currency being converted to a third, and the third currency being converted to the first.

In the question, USD is the first currency, GBP is the second currency, and CHF is the third currency. Based on the explanation above, the three steps which will create triangular arbitrage profit are as follows: first step, convert USD to GBP; second step, convert GBP to CHF, and third step, convert CHF to USD.

Therefore, the correct option is b) USD to GBP; GBP to CHF; CHF to USD.

Alpha Inc. and Beta Co. are sheet metal processors that supply component parts for consumer product manufacturers. Alpha has been in business since 1985 and is operating in its original plant facilities. Much of its equipment was acquired in the 80s and 90s. Beta Co. was started two years ago and acquired its building and equipment then. Each firm has about the same sales revenue, and material and labor costs are about the same for each firm.
What would you expect Alpha’s ROI to be relative to the ROI of Beta Co.? Explain your answer.
What are the implications of this ROI difference for a firm seeking to enter an established industry?

Answers

Answer: A. Higher

B. The implication for Beta Co. is that because of its lower ROI, its ability to raise capital will be reduced.

Explanation:

a. What would you expect Alpha’s ROI to be relative to the ROI of Beta Co.? Explain your answer.

In this case, Alpha’s ROI to be relative to the ROI of Beta Co. will be higher. Since Alpha's investment cost is lower when compared to that of ‘Beta Co. while both companies have thesame operating income, then the return on investment of Alpha will then be higher than that of Beta due to the lower investment cost that Alpha incurred.

b. What are the implications of this ROI difference for a firm seeking to enter an established industry?

The implication for Beta Co. is that because of its lower ROI, its ability to raise capital will be reduced.

Pasadena Candle Inc. projected sales of 800,000 candles for January. The estimated January 1 inventory is 35,000 units, and the desired January 31 inventory is 20,000 units. What is the budgeted production (in units) for January?

Answers

Answer:

785,000

Explanation:

Calculation to determine the budgeted production (in units) for January

BUDGETED PRODUCTION (in units) FOR JANUARY

Expected units to be sold 800000

Add Desired ending inventory, Dec 31 20000

Total units available 820000

(800,000+20,000)

Less Estimated beginning inventory, Jan 1 (35000)

Total units to be produced 785000

(820,000-35,000)

Therefore the budgeted production (in units) for January is 785,000

Joan Martin expects interest rates to decline over the next few months.To achieve her long-term financial goals,she will trade off liquidity for a higher return by using a:_________.
A) regular savings account.
B) interest-bearing checking account.
C) five-year certificate of deposit.
D) money market account.
E) money market fund.

Answers

Answer: C. Five year certificate of deposit.

Explanation:

A certificate of deposit refers to a savings account whereby a fixed amount of money is being held for a fixed period of time, and interest is earned on it.

Since Joan Martin expects interest rates to decline over the next few months, in order to achieve her long-term financial goals, then she will trade off liquidity for a higher return by using a five year certificate of deposit. Here, the liquidity is low when it's compared to that of the regular savings account.

Diamond Boot Factory normally sells its specialty boots for $22 a pair. An offer to buy 100 boots for $15 per pair was made by an organization hosting a national event in Norfolk. The variable cost per boot is $9, and special stitching will add another $1 per pair to the cost.
Determine the differential income or loss per pair of boots from selling to the organization.

Answers

Answer: $5.00

Explanation:

Differential income per pair is:

= Revenue per pair - Total cost per pair

= Selling price of pair - (Variable cost + Additional stitching cost)

= 15 - (9 + 1)

= 15 - 10

= $5.00

Trust incurred $10,000 of portfolio income. Its corporate trustee paid fiduciary fees of $1,000 therefrom, and also paid $1,000 in premiums for a life insurance policy on Marcia, the grantor of the trust. How much gross income does Marcia include with respect to these trust activities?
A) $800.
B) $1,000.
C) $8,000.
D) $9,000.
E) $10,000.

Answers

Answer:

$1,000

Explanation:

Based on the information given the

GROSS INCOME amount that Marcia will include with respect to these trust activities will be the amount of $1,000 because we were told that the amount of $1,000 was paid in premiums for a LIFE INSURANCE POLICY ON MARCIA who is the GRANTOR OF THE TRUST, although The trust is not categorized as a grantor trust reason been that the TRUSTEE was authourized to pay the life insurance premiums

Sau khi thực hiện kiểm toán, KTV xác định là:
1- BCTC theo mục đích chung của công ty được trình bày hợp lý
2- Bộ phận thu quỹ của công ty không hữu hiệu
3- Thuế TNDN của cty tính toán không phù hợp với luật thuế
4- Quốc hội muốn kiểm tra chi tiêu của Bộ Quốc phòng và Bộ Ngoại giao
5- BCTC của một trung tâm y khoa tư nhân được lập phù hợp với các chuẩn mực
kế toán.
6- Quản đốc phân xưởng không thực hiện đúng trách nhiệm của mình như đã phân
công.
7- Chi cục thuế đã vi phạm việc thuê mướn nhân viên do nhà nước qui định
8- BCTC của một DN nhà nước cần kiểm toán để cổ phần hóa
9- BCTC của một UBND tỉnh trình bày đúng với thực tế thu và chi tiền
10- Dịch vụ thực hiện qua bưu điện cho một huyện ngoại thành là không hiệu quả
11- Công ty đã thực hiện đúng các điều khoản hợp đồng vay ngân hàng
12- Một bộ phận không thực hiện đúng các chính sách về làm thêm giờ do công ty
đề ra.
Yêu cầu:
a. Hãy chỉ ra loại kiểm toán nào đã tiến hành trong các loại kiểm toán sau: (1)
BCTC; (2) Tuân thủ; (3) Hoạt động
b. Xác định loại KTV thực hiện: (1) độc lập; (2) nội bộ; (3) nhà nước.
c. Xác định đối tượng chính để nhận báo cáo kiểm toán: (1) đối tác; (2) nhà quản lý;
(3) nhà nước... Sử dụng bảng dưới đây để trả lời cho các loại câu hỏi trên: Loại kiểm
toán, Loại KTV, Đối tượng nhận chính.

Answers

number b i hope this helps

The Orange Lily Law Firm prepays for advertising in the local newspaper. On January 1, the law firm paid $2,880 for six months of advertising. Orange Lily Law Firm recorded $2,880 in the Prepaid Advertising account.

Required:
If Orange Lily Law Firm had recorded their expenses using the other method, how much advertising expense would they have recorded for the two months ending February 28?

Answers

Answer:

$2880;$960

Explanation:

Calculation to determine how much advertising expense would they have recorded for the two months ending February 28

UNDER THE CASH BASIS, the Law Firm will record ​$2,880 of advertising expense for the two months ending February 28

UNDER THE ACCRUAL BASIS, the Law Firm will record ​$960 of advertising expense for the two months ending February 28.l Calculated as:

Advertising expense=$2,880/6*2

Advertising expense=$960

Shaq Corporation issued $10,000 of 20-year bonds on January 1, 2021. The bonds pay interest semiannually. This is a partial bond amortization schedule for the bonds.
Payment Cash Effective interest Decrease in balance Outstanding balance
9,080
1 400 409 9 9,089
2 400 409 9 9,098
3 400 409 9 9,107
4 400 410 10 9,117
What is the effective annual rate of interest on the bonds?
a. 9.0%.
b. 4.5%.
c. 8.0%.
d. 4.0%.

Answers

Answer:

The correct option a. 9.0%.

Explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data.

The explanation of the answer is now given as follows:

Effective semiannual interest rate = Effective interest / Previous outstanding balance ……………………. (1)

Using Payment 1 information, we have:

Effective semiannual interest rate = 409 / 9,080 = 0.0450, or 4.50%

Effective annual interest rate = Effective semiannual interest rate * Number of semiannuals in a year = 4.50% * 2 = 9.0%

Therefore, the correct option a. 9.0%.

Statement of Cash Flows (Indirect Method)
Use the following information regarding the Lund Corporation to (a) prepare a statement of cash flows using the indirect method and (b) compute Lund's operating-cash-flow-to-current-liabilities ratio.
Accounts payable increase $13,500
Accounts receivable increase 6,000
Accrued liabilities decrease 4,500
Amortization expense 9,000
Cash balance, January 1 33,000
Cash balance, December 31 22,500
Cash paid as dividends 43,500
Cash paid to purchase land 135,000
Cash paid to retire bonds payable at par 90,000
Cash received from issuance of common stock 52,500
Cash received from sale of equipment 25,500
Depreciation expense 43,500
Gain on sale of equipment 6,000
Inventory decrease 19,500
Net income 114,000
Prepaid expenses increase 3,000
Average current liabilities 150,000
a. Use negative signs with cash outflow answers.
LUND CORPORATION
Statement of Cash Flows
For Year Ended December 31
Cash Flow from Operating Activities
Net Income Answer
Add (deduct) items to convert net income to cash basis
Depreciation Answer
Amortization Answer
Gain on Sale of Equipment Answer
Accounts Receivable Increase Answer
Inventory Decrease Answer
Prepaid Expenses Increase Answer
Accounts Payable Increase Answer
Accrued Liabilities Decrease Answer
Cash Flow Provided by Operating Activities Answer
Cash Flow from Investing Activities
Sale of Equipment Answer
Purchase of Land Answer
Cash Used by Investing Activities Answer
Cash Flow from Financing Activities
Issuance of Common Stock Answer
Retirement of Bonds Payable Answer
Payment of Dividends Answer
Cash Used by Financing Activities Answer
Net Decrease in Cash Answer
Cash at Beginning of Year Answer
Cash at End of Year Answer
b. Operating-cash-flow-to-current-liabilities ratio (Round answers to two decimal places.)

Answers

Answer:

Cash Flow from Operating Activities

Net Income                                                             $114,000

Items to convert net income to cash basis

Depreciation                                                           $43,500

Amortization                                                           $9,000

Gain on Sale of Equipment                                  -$6000

Accounts Receivable Increase                            -$6000

Inventory Decrease                                               $19500

Prepaid Expenses Increase                                 -$3000

Accounts Payable Increase                                   $13500

Accrued Liabilities Decrease                                -$4500

Cash Flow Provided by Operating Activities A  $180,000

Cash Flow from Investing Activities

Sale of Equipment                                                  $25,500

Purchase of Land                                                 -$135,000

Cash Used by Investing Activities B                  -$109,500

Cash Flow from Financing Activities

Issuance of Common Stock                                   $52,500

Retirement of Bonds Payable                               -$90,000

Payment of Dividends                                           -$43,500

Cash Used by Financing Activities C                 -$81,000

Net Decrease in Cash(A+B+C)                             -$10,500

Cash at Beginning of Year                                     $33,000

Cash at End of Year                                                $22,500

b. Operating cash flow to Current liabilities ratio = Operating Activities Cash Flow / Average current liabilities

Operating cash flow to Current liabilities ratio = $180,000 / $150,000

Operating cash flow to Current liabilities ratio = 1.2

Một doanh nghiệp sản suất hai loại hàng hóa là G1 và G2 , bán ra thị trường
với giá tương ứng là 70 USD và 50 USD. Tổng chi phí cho bởi

[tex]TC=Q1^{2} + Q1Q2 +Q2^{2}[/tex]

trong đó Q1 và Q2 lần lượt tương ứng là số lượng hàng hóa G1 và G2 . Tìm số lượng hàng hóa Q1 và Q2 để tối ưu lợi nhuận.

Answers

Answer:

Một doanh nghiệp sản suất hai loại hàng hóa là G1 và G2 , bán ra thị trường

với giá tương ứng là 70 USD và 50 USD. Tổng chi phí cho bởi

trong đó Q1 và Q2 lần lượt tương ứng là số lượng hàng hóa G1 và G2 . Tìm số lượng hàng hóa Q1 và Q2 để tối ưu lợi nhuận.

Explanation:

Ortega Company manufactures computer hard drives. The market for hard drives is very competitive. The current market price for a computer hard drive is $54. Ortega would like a profit of $14 per drive. What target cost Ortega should set to accomplish this objective

Answers

Answer:

$40

Explanation:

Target cost is the cost per unit arrived at after having deducted the required profit margin from the competitive market price.

It is a management technique that makes management think about ways to achieve a set target cost rather than forcing their actual cost plus profit margin on customers.

In this case, the competitive market price is $54 per unit of hard drive whereas the company expects to achieve a total profit of $14  per unit  

Profit margin per unit=$14

competitive market price=$54

Target cost=competitive market price-profit margin per unit

Target cost=$54-$14

Target cost=$40

Menning Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed out to cost of goods sold at the end of the month. The company has provided the following data for June:

Direct materials $78,750
Direct labor cost $94,000
Manufacturing overhead cost incurred $61,275
Manufacturing overhead cost applied $65,800

Inventories: Beginning Ending
Work in process $17,500 $19,850
Finished goods $61,500 $38,250

The cost of goods sold that appears on the income statement for August and that has been adjusted for any underapplied or overapplied overhead is closest to: __________

a. $254,925
b. $263,975
c. $236,200
d. $259,450

Answers

Answer:

Adjusted COGS= $254,925

Explanation:

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 17,500 + 78,750 + 94,000 + 65,800 - 19,850

cost of goods manufactured= $236,200

Now, the COGS:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 61,500 + 236,200 - 38,250

COGS= $259,450

Finally, the over/under applied overhead and the adjustment:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 61,275 - 65,800

Overapplied overhead= $4,525

As overhead was overapplied, COGS must be reduced:

Adjusted COGS= 259,450 - 4,525

Adjusted COGS= $254,925

You have decided to invest in two bonds. Bond X is an n-year bonod with semiannual coupons, while bond Y is zero-coupon bond, which is re- deemable in 2 years. The desired yield rate is the same for both bonds. You also have the following information:

Bond X:
Par value is 1000.
The ratio of the semi-annual bond rate to the desired semi-annual yield rate, that is is r/i 1.03125.
b. The present value of the redemption amount is 381.50.

Bond Y:
Redemption value is the same as that of bond X.
Price to yield is 647.80.

What is the price of bond X?

Answers

Answer:

The price of the bond X is 1055.09.

Explanation:

The price of Bond X can be determined as follows:

Let:

R = Present value of the Redemption amount of X and Y

i = yield of both Bond X  and Bond Y

For Bond X, we have:

381.5 = R / (1+i)n ………………… (1)

For Bond Y, we have:

647.80. = R/(1+i)(n/2) ……………….. (2)

Use equation (2) to divide equation (1), we have:

381.5/647.8 = 1/ (1+i)(n/2)  ……………………….. (3)

0.588916332201297= 1/ (1+i)(n/2)

(1+i)(n/2) = 1 / 0.588916332201297

(1+i)(n/2) = 1.69803407601573

647.80 = R / 1.69803407601573

R = 647.80 * 1.69803407601573 = 1,099.99, or 1,100

Now, also let:

r = coupon rate of Bond X

P= present value of Cash flows of Bond X  

Therefore, we have:

P = 1000 * (r/2) / (1+i)0.5 + 1000*(r/2)/ (1+i)1+....+1000 * (r/2) /(1+i)n+ 1100/(1+i)n

It can be observed that we have 2n terms indicating present value of 2n semiannual coupon payments and last term is present value of Redemption amount.

Applying GP formula, we have:

P = 1000 *(r/2) * (1- (1+i)-n) / ((1+i)(1/2) -1) + 1100 * (1+i)-n

Looking at equation (3), we it can be observed that we can have:

(1+i)-(n/2) = 381.5/647.8 = 0.588916

Therefore, we have:

(1+i)-n = 0.5889162= 0.346822

By employing the Binomial approximation, we have:

(1+i)(1/2)= 1+i/2+... very small terms = 1 + i/2

This indicates that:

(1+i)(1/2)-1 = i/2

If we substitute this into the price equation, we will have

P = 1000 *(r/2) * (1-0.346822) / ( i/2) + 1100 * 0.346822 = 1000 * (r/i) * 0.653178 + 381.504

Since r/i = 1.03125, we have:

P = 653.178 * 1.03125 + 381.504 = 1055.09

Therefore, the price of the bond X is 1055.09.

The present value of a perpetual tax shield increases as the firm's tax rate ________ and as the amount of the debt ________.
a. increases; increases
b. increases; decreases
c. decreases; decreases
d. decreases; increases

Answers

Answer:

B

Explanation:

The value of tax shield is simply given as corporate tax rate times the cost of debt times the market value of debt.

If the debt is constant and perpetual, the company’s tax shield depends only on the corporate tax rate and the value of debt. Then the present value of tax shield equals the discounted value of debt

A taxpayer's spouse dies in August of the current year. Which of the following is the taxpayer's filing status for the current year?

a. Single.
b. Qualified widow(er).
c. Married filing jointly.
d. Head of household.

Answers

Answer:

b. Married filling jointly

Explanation:

From the question we are informed about taxpayer's spouse who dies in August of the current year. In this case,

the taxpayer's filing status for the current year would be Married filling jointly. Joint return can be regarded as tax return which is been filed with the Internal Revenue Service by two married taxpayers that decide to have a filing status of "married filing jointly" or a widowed taxpayer that decide to have a filing status of " Qualifying Widow "A joint return give room for the

taxpayers to join their tax liability as well as report their income, credits and

deductions on the same joint return.

The joint return rates still validly

apply even two year after the death of a particular spouse, so far the

surviving spouse of the dead spouse does not remarry and still maintains a household as regards a dependent child.

A certain smelting plant operates 24 hours per day, with three shifts of 200 workers per shift. Due to a flu epidemic, 1/4 of the workers on the first shift, 10 percent of the workers on the second shift, and 100 of the workers on the third shift are unable to work on a given day. If each worker and each shift has the same productivity, what is the approximate percent decrease in productivity due to the flu epidemic?

Answers

Answer:

35

Explanation:

12/1-34÷1 I just need points

Given D: Annual use of a particular item, in number of items per year Q: Number of items ordered in one purchase order, in units SS: Safety stock, in units L: Lead time, in fraction of a year I: Current inventory on hand, units Reorder point can be expressed as ______ (x below denotes the multiplication sign).

Answers

Answer:

D×L + SS

Explanation:

The reorder point (ROP) is the inventories or stock level for a certain product that, when attained, initiates the reordering of more inventories. The lead time it will take to refill inventories is taken in when computing the reorder points for different stock holding units. This ensures inventory levels do not approach zero.

Computing reorder points necessitates a thorough understanding of purchase habits over a specific time period. The more ROP you compute for each product, the better you'll be able to anticipate future demand and guarantee you're using the reorder quantity calculation appropriately.

From the given information in the question:

The reorder point can be determined by using the formula:

Reorder point = Demand (D) at the point of leas time (L) with the addition of safety stock (SS)

Reorder point = D×L + SS

Which answer does not describe the benefits to the industry-wide practice of localization?
a) It is only used in the game industry
b) It creates wide audience appeal
c) It is time-saving
d) It is cost-effective

Answers

Answer:

a) It is only used in the game industry

Explanation:

The statement that does not describe the benefits to the industry-wide practice of localization is that "It is only used in the game industry."

This because Localization in business or industry practice is a means or process of modifying a product or service to fulfill the needs of a specific area or locality in terms of language, culture, or targeted population's perceptions.

Hence, it doesn't apply to the GAME INDUSTRY alone but rather to every industry.

Also, there are lots of advantages of Localization of products, which includes wide acceptance across the targeted audience, time-saving, as it focuses on a particular region, and cost-effective as the target population can be easily satisfied compared to satisfy global market all in one product make up style.

When making business changes in the short run, management sometimes gets locked in to certain costs arising from previous decisions. This is type of cost is best known as:_______.
a. controllable.
b. differential.
c. uncontrollable.
d. sunk.

Answers

Answer: This is the type of cost known as Sunk.

sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.

A sunk cost refers to money that has already been spent and which cannot be recovered. ... Sunk costs are excluded from future business decisions because the cost will remain the same regardless of the outcome of a decision.

The sunk cost effect is manifested in a greater tendency to continue an endeavor once an investment in money, effort, or time has been made. Evidence that the psychological justification for this behavior is predicated on the desire not to appear wasteful is presented.

Benny is the manager of an office-support business that supplies copying, binding, and other services for local companies. He must replace a worn-out copy machine that is used for black-and-white copying. He is considering two machines, and each of these has a monthly lease cost plus a cost for each page that is copied. Machine 1 has a monthly lease cost of $619, and there is a cost of $0.030 per page copied. Machine 2 has a monthly lease cost of $675, and there is a cost of $0.028 per page copied. Customers are charged $.16 per page copied. If Benny expects to make 105,000 copies per month, what would be the monthly cost for each machine

Answers

Answer:

Machine one cost:

= Fixed cost + Variable cost

The Fixed cost is the lease cost and the variable cost is the cost per page copied. The number of pages is 105,000 and the cost per page for machine 1 is $0.030

= 619 + (0.030 * 105,000)

= $3,769 monthly

Machine two cost:

= 675 + (0.028 * 105,000)

= $3,615 monthly

Explain whether each of the following statements is true or false.

The marginal rate of substitution​ (MRS) diminishes as an individual moves downward along the demand curve. Assume the statement refers to good X with price Upper P Subscript Upper X ​, where good X is measured on the horizontal axis of an indifference map and good Y is measured on the vertical axis.

Answers

Answer:

1. True

Explanation:

Marginal rate of substitution is quantity of good which a consumer will need to have in order to leave another good. The MRS equals to Px/Py. This will decrease when the demand curve decreases.

All of the following are true of IT policy frameworks, except: A. an IT policy framework includes policies, standards, baselines, procedures, guidelines, and a taxonomy. B. the framework must define the business as usual (BAU) activities and accountabilities needed to ensure information security policies are maintained. C. an IT policy framework should be fully accessible by executives and managers, with relevant highlights shared with general employees. D. you can measure success by how well the framework helps reduce risk to the organization.

Answers

Answer:

D. you can measure success by how well the framework helps reduce risk to the organization.

Explanation:

The IT policy measures includes

1. The policies, standard, etc

2. It is the framework that works with the bau activities in order to ensure the policies related to the information security that should be maintained

3. It could be fully accessible by the executives having a relevant highlights that shared with the general employees

SO, the option d is considered

cho ví dụ về tái định vị ( trừ viettel, bitis, vinamilk..)

Answers

Answer:

Ví dụ như Samsung, xuất phát điểm là một công ty bán mỳ gạo, vì thế, tên của công ty lúc đầu là Tam tinh nghĩa là ba ngôi sao. Logo của họ l

financial lit Banks offer other types of services such as safe deposit boxes for customers to store valuable documents. List at least two other types of non-account services that the provider makes available to customers, either for a fee or at no cost.

Answers

Answer and Explanation:

Banks offer agency services too such as being trustees, executors, or financial advisors to their customers. They can also stand as guarantee for their customers.

Banks also offer reference services. They provide information on the financial position or strength of their customers for the purpose of a customer's business dealing. This is usually done confidentially and with the permission of the customer

Summer 20 Corp estimates overhead based on direct labor hours and has given you the following information:
Estimated Manufacturing Overhead Costs 2020 $405,000
Estimated Direct Labor Hours for 2020 220,000
Actual Direct Labor Hours for 2020 202,000
Manufacturing Overhead Account Debit Entries total $380,000
1. Determine the predetermined overhead allocation rate stated with cents.
2. Determine the amount of manufacturing overhead that was allocated.
3. Calculate the amount Summer 20 Corp is over or under allocated during the year.

Answers

Answer:

Results are below.

Explanation:

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

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

Predetermined manufacturing overhead rate= 405,000 / 220,000

Predetermined manufacturing overhead rate= $1.841 per DLH

Now, we can allocate overhead:

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

Allocated MOH= 1.841*202,000

Allocated MOH= $371,882

Finally, the over/under allocation:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 380,000 - 371,882

Underapplied overhead= $8,118

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