Flyer Corporation manufactures two products, Product A and Product B. Product B is of fairly recent origin, having been developed as an attempt to enter a market closely related to that of Product A. Product B is the more complex of the two products, requiring three hours of direct labor time per unit to manufacture compared to one and one-half hours of direct labor time for Product A. Product B is produced on an automated production line. Overhead is currently assigned to the products on the basis of direct-labor-hours. The company estimated it would incur $396,000 in manufacturing overhead costs and produce 5,500 units of Product B and 22,000 units of Product A during the current year. Unit costs for materials and direct labor are:
Answers
Answer:
since the numbers are missing, i looked for similar questions:
Product A Product B
Direct material $9 $20
Direct labor $7 $15
the predetermined overhead rate = $396,000 / [(5,500 x 1.5) + (22,000 x 3)] = $396,000 / 74,250 direct labor hours = $5.333333 per direct labor hour
total production costs per unit:
Product A = $9 + $7 + ($5.33333 x 1.5) = $24
Product B = $20 + $15 + ($5.33333 x 3) = $51
Related Questions
Taveras Corporation is currently operating at 50% of its available manufacturing capacity. It uses a job-order costing system with a plantwide, predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates:
Machine-hours required to support estimated production 240,000
Fixed manufacturing overhead cost 4,320,000
Variable manufacturing overhead cost per machine-hour 2.00
Required:
1. Compute the plantwide predetermined overhead rate.
2. During the year, Job P90 was started, completed, and sold to the customer for $4,000. The following information was available with respect to this job:
Direct materials $1,840
Direct labor cost $1,320
Machine-hours used 87
Determine the total cost of Job P90
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= (4,320,000/240,000) + 2
Predetermined manufacturing overhead rate= $12.29 per machine hour
Job P90:
Direct materials $1,840
Direct labor cost $1,320
Machine-hours used 87
Total cost= 1,840 + 1,320 + (12.29*87)
Total cost= $4,229.23
Question 3 (2 points)
Which of the following is NOT a way to balance a project?
..
O At the Enterprise Level
At the Business Case Level
.
O At the Program Level
At the Project Level
Answers
Answer:
1
Explanation:
at the bisiness casel level
The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. Although it requires a successful completion of three levels of grueling exams, the designation often results in a promising career with a lucrative salary. A student of finance is curious about the average salary of a CFA charterholder. He takes a random sample of 36 recent charterholders and computes a mean salary of $162,000 with a standard deviation of $36,000. Use this sample information to determine the 90% confidence interval for the average salary of a CFA charterholder.
Answers
The confidence interval for the average salary of a CFA charter holder : ( 1,49,820, 1,74,180)
We assume that the salary of CFA charterholders is typically distributed.
Let the salary of CFA charter holders be = x
ATQ
n = 36 and x = 1,62,000
Degree of freedom :
df = 35 [ df= n-1]
s= $36,000
Significance level :
a = 1 - 0.95
= 0.05
Using the t-distribution table,
Ta/2, df = t(0.025), 35
= 2.030
95% confidence interval for the average salary of a CFA charterholders
1,62,000 + (2.030). 36000/√36
= 1,62,000 +- 12180
= ( 1,62,000 - 12180, 1,62,000 + 12180)
= ( 1,49,820, 1,74,180)
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We may request personal information when you register to receive additional information ________ our products and services.
A. regards
B. regarded
C. regarding
D. regarding to
Answers
Answer:
D) Regarding to
phân tích mối quan hệ giữa kinh tế vi mô và vĩ mô
Answers
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businesses use organisational structure which is based around project but employee stay in their department
Answers
An organizational structure based around projects while employees remain in their departments combines the advantages of functional specialization and project-oriented collaboration
Businesses that adopt an organizational structure based around projects while keeping employees in their respective departments often follow a matrix or hybrid organizational structure. This approach allows organizations to leverage the benefits of both functional departments and project teams.
In this structure, employees are grouped into functional departments based on their areas of expertise or skills. These departments, such as finance, marketing, human resources, and operations, provide specialized support and resources to various projects within the organization. Each department is typically led by a department head or manager responsible for overseeing the department's operations and ensuring the delivery of functional objectives.
On the other hand, project teams are formed to address specific business objectives or initiatives. These teams are comprised of individuals from different departments who possess the necessary skills and expertise to achieve project goals. The project teams are usually led by a project manager who is responsible for coordinating activities, managing resources, and ensuring the successful completion of the project within the specified timeline and budget.
By adopting this organizational structure, businesses can maximize efficiency and resource utilization. Employees benefit from the stability and specialization offered by their department, allowing them to develop deep expertise in their functional areas. At the same time, they also have the opportunity to contribute their expertise to cross-functional project teams, enabling them to broaden their skills, collaborate with colleagues from different backgrounds, and gain exposure to diverse projects and challenges.
This structure facilitates better communication and coordination between departments, as project teams act as intermediaries, ensuring that information and resources flow seamlessly between the departments and the projects. Additionally, it encourages a culture of innovation and flexibility, as employees have the opportunity to contribute their unique perspectives and expertise to different projects, fostering a cross-pollination of ideas.
Overall, an organizational structure based around projects while employees remain in their departments combines the advantages of functional specialization and project-oriented collaboration, enabling businesses to efficiently execute projects while maintaining the stability and expertise of functional departments.
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According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?
Answers
The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.
Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:
Evaluation of the Night-light Data Method:
Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.Reasons for Differences between Traditional Expenditure Approach and Night-light Data:
Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.For such more question on economic:
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what is the minimum wage for SA
Answers
the new National Minimum Wage for South Africa has been made public by the Department of Employment and Labour. Starting on March 1st, 2023, the current minimum wage of R23,19 per hour will increase to R25,42 per hour (an increase of around 9,6%).
The minimal amount of compensation that an employer is compelled to pay wage earners for the job completed during a particular period, which cannot be reduced by a collective agreement or an individual contract, is referred to as the "minimum wage."The South African government may impose penalties on employers who fail to pay the minimum wage. If a defined weekly wage is used, the monthly wage is multiplied by 4.33. If an hourly rate is specified, it is computed as 4.33 times the weekly average.
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if you’ve insured at home for $200,000 in the home is only worth $150,000 you can receive $150,000 at most if you file a claim.
A. TRUE
B. FALSE
Answers
Answer:
true
Explanation:
Answer:
TRUE
Explanation:
Insurance companies create a pool of funds to handle
Orisk
O gain
Oloss
O safety
10
Answers
Answer:
A) risk
Explanation:
An insurance company creates a pool of funds to handle risk. This helps to protect the company financially if there are more claims than expected.
Maintaining a what of all data allows tracking changes
Answers
Answer:
A database maybe ?
Explanation:
The Dow Jones is currently valued at $24,000 and the 1-year Dow Jones Mini Future contract has a price of $24,750. Note Dow Jones future contracts are for 5 times the value of the contract price. The risk free rate is 3% per annum and the Dow Jones dividend yield is 0.75% per annum. You are managing a portfolio that is worth $15 million and has a beta of 1.25.A) What position in futures contracts on the S&P 500 is necessary to hedge the portfolio?
B) 6 months have passed and the Dow Jones is now valued at $24,720 and the future price is now $25,100. What is our portfolio value of your portfolio with the hedge from part a?
Answers
Answer:
a) 152
b) $15,310,562.50
Explanation:
A) What position in futures contracts on the S & P 500 is it necessary to hedge the portfolio
The position is to short
The number to be shorted can be calculated using the formula below:
= ( β * value of portfolio) / (one futures contract size * number of times the value of the contract price)
where ; value of portfolio = $15 million , Beta = 1.25 , one future contract size = $24750, number of times = 5
= ( 1.25 * 15,000,000) / ( 24,750 * 5) = 151.5 ≈ 152 contracts
b) What is our portfolio value of your portfolio with the hedge from part a
Given that 6 months has passed
Dow Jones now valued at $24720
Future price now $25,100
first step : calculate loss from position in part a
= 152 * 5 * ( 24,750 - 25,100 ) = - $266,000
next : calculate Gain on index
= 24,720 - 24,000 / 24,000 = 0.03 = 3.00%
Total gain = Gain on index + annual dividend / 2
= 3% + 0.75 / 2 = 3.375%
where risk free rate ( 6 months ) = gain on index / 2 = 1.5%
Calculate Return with the use of CAPM
= 1.5% + 1.25* ( 3.375% - 1.5% ) = 3.8438%
Hence value of portfolio after 6 months will be calculated as
= Current portfolio value * ( 1 + return )
= 15,576,562.50
Therefore the
Net value = portfolio value - loss from futures position
=$15,310,562.50
true or false: you can fill type with a pattern in print shop?
Answers
Explanation:
This sentence seems correct.
A 250g packet of iodized salt costs #15, A 20kg sack of saltncost #1040. calculate the savibg per kg by buying the 20kg sack of salt
Answers
Answer:
i didnt mean to answer but what does first question mean
Explanation:
Which of the following sector has seen the biggest change in its target market demographics?
O cruise line sector
O lodging sector
O car rental sector
O foodservice sector
Answers
Answer:
The correct answer is the cruise line sector.
Explanation:
However, the average age of cruise passengers in North America, as well as their income, has been dropping since the early 1970’s.
Culver Corporation’s adjusted trial balance contained the following asset accounts at December 31, 2020: Cash $8,780, Land $48,700, Patents $16,100, Accounts Receivable $90,860, Prepaid Insurance $5,820, Inventory $34,500, Allowance for Doubtful Accounts $4,050, and Equity Investments (to be sold in the next quarter) $12,500. Prepare the current assets section of the balance sheet.
Answers
Answer:
Balance sheet [as on ....]
Particular Amount Amount
Assets
Current Assets
Cash $8,780
Accounts Receivable $90,860
Less: Allowance for Doubtful Accounts $4,050 $86,810
Prepaid Insurance $5,820
Inventory $34,500
Equity Investments $12,500
Total Current assets $148,410
explain why you would prefer limited company from business
Answers
Answer:
Explanation:
A limited company is endowed with all of an individual's rights and abilities.
In most cases, a member's liability for the debts, liabilities, or actions of the limited company is limited to the amount of share capital they have subscribed for.
Additionally, a corporation's ownership interests can frequently be modified.
Imagine you are an economist in the country of Utopia. If the number of people
in the adult, civilian, non-institutionalized people is 80, the number of employed
people is 55, and the number of unemployed people is 5, then the
unemployment rate for Utopia is *
Unemployment Rate Formula
U=
Unemployed People
Labor Force
x 100
6.3%
6.9%
7.5%
o
8.3%
Answers
Answer:
8.3%
Explanation:
The rate of unemployment is calculated by dividing the number of unemployed people by the total labor force multiplied by 100.
i.e., unemployment rate = unemployed/ labor force x 100.
the labor force = employed people + unemployed people
For Utopia, labor force is 55 + 5 = 60
Unemployment rate
= 5/60 x 100
=0.0833 x 100
=8.3%
20: What are some ways you can stay financially literate?
Answers
What are the global implications for the product or service you are marketing? What are the global implications of your marketing strategy and recommendations? “Rockstar video games”
Answers
Answer:
The global implications for the product or service you are marketing is explained below in complete details.
Explanation:
The principal involvement of a marketing maneuvering is the familiarization approaching gathering customer requirements that appears in enhanced customer fulfillment and satisfaction. ... Such a marketing maneuvering is intended to achieve and to grow new customers as you develop a more agreeable character.
if the marginal propensity to consume is 9.5, then a $100 increase in investment will result in a maximum increase in equilibrium real gross domestic product of $…..
Answers
Marginal propensity to consume is the fraction of additional income that is spent on consumption. Therefore, if the marginal propensity to consume is 9.5, then for every additional dollar earned, 95 cents will be spent on consumption. If investment increases by $100, the maximum increase in equilibrium real gross domestic product (GDP) can be calculated by multiplying the increase in investment by the marginal propensity to consume.
The formula to calculate the maximum increase in equilibrium real gross domestic product is:Maximum increase in equilibrium real GDP = Change in investment × Marginal propensity to consume. Substituting the given values into the formula, we get:
Maximum increase in equilibrium real GDP = $100 × 9.5% or 0.095. Therefore, the maximum increase in equilibrium real GDP is $9.5.Since the increase in investment results in a multiplier effect on the economy, it is expected to lead to a higher increase in GDP than the calculated maximum increase in equilibrium real GDP.
This is because the increase in investment would result in increased production, employment, and incomes, leading to a further increase in consumption and investment.
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a study of how the hidden curriculum prepares working-class students for working-class jobs would most likely be informed by:
Answers
A study of how the hidden curriculum prepares working-class students for working-class jobs would most likely be informed by conflict theory.
What is conflict theory,?Perspectives in sociology and social psychology known as conflict theories place an emphasis on a materialist reading of history, a dialectical method of analysis, a critical attitude toward current social structures, and a political program of revolution or, at the very least, reform.
According to the conflict theory, which was first put forth by Karl Marx, society is constantly at war with one another over scarce resources. According to conflict theory, dominance and power, not agreement and conformity, preserve social order.
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complete questions;
A study of how the hidden curriculum prepares working-class students for working-class jobs would most likely be informed by ___________ theories.
You are to enter each transaction in the sales daybook (draft one and send pic of it) and post to both the personal and sales accounts
don't give links as answers, thanks.
Answers
it is 11 that is the answer
What is the first step in QuickBooks Online that must be completed prior to recording the deposit? +New > Invoice +New> Journal entry +New> Receive payment +New > Make deposit
Answers
The first step in QuickBooks Online that must be completed prior to recording the deposit is Option C. +New > Receive payment.
The first step in QuickBooks Online that must be completed prior to recording the deposit is +New > Receive payment. It is recommended that you document each payment you receive from your clients or customers as a deposit to ensure that the transaction is accurately reflected in your QuickBooks Online account.
To record a deposit in QuickBooks Online, follow these steps:
Go to QuickBooks online and sign in to your account. Select the +New button, which is located in the upper-left corner of the screen. Choose Receive Payment from the drop-down menu. Enter the name of the customer who is making the payment in the Receive Payment From field. From the Payment Method drop-down menu, select the payment method that the customer is using. Enter the amount of the payment that was received in the Payment Amount field, along with any fees or discounts that may apply. If there are any notes you'd like to include with the transaction, you can add them to the Memo field. Click on Save and close.To summarize, when recording a deposit in QuickBooks Online, the first step that must be completed is to choose the +New button and select Receive Payment from the drop-down menu. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
What is the first step in QuickBooks Online that must be completed prior to recording the deposit?
A. +New > Invoice
B. +New> Journal entry
C. +New> Receive payment
D. +New > Make deposit
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Ronald asked his boss how to wax the floors, but he didn’t understand the answer. He should ______.
a.
wax the floors using what he already knows
b.
avoid waxing floors until he sees someone else do it
c.
ask for clarification on how to wax the floors
d.
complain to his boss’ supervisor
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
C; ask for clarification on how to wax the floors
Explanation:
Ronald asked his boss how to wax the floors, but he didn’t understand the answer. He should ask for clarification on how to wax the floors. Thus, option 'C' is the correct option.
How does clarification improve communication?Clarification in communication refers to conveying to the speaker the primary idea of what was just spoken, as perceived by the audience. As a consequence, the listener's comprehension is examined, and any discrepancies or misunderstandings are cleared up. Clarifying, as a follow-up to reflecting, reassures the speaker that the listener is making an effort to comprehend the messages they are delivering.
Asking questions or, on rare occasions, summarizing the speaker's remarks might help to clarify. To properly listen to people, we as leaders must ask clarifying questions. Asking for clarification is to elicit more details so that we can completely comprehend the sender's intended message, which is sometimes different from what they actually stated.
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James was transferred by his company to go work in Hong Kong for six months. His headquarters in Dallas, Texas, assured him that he would be back home in six months after he had completed setting up the new office in Hong Kong, and trained his replacement. Though initially reluctant, he spoke to his wife and they together decided that this was a great career opportunity, and would also serve as a second honeymoon, since they had been married for just six months. Roughly five months into his stay in Hong Kong, James received a request from his boss at the head office, urging him to extend his stay by another six months, since the company had decided to expand their operations in Hong Kong, and they felt that he was most suited for the task. James agreed readily, since he and his wife had begun to make friends there, and did not want to get uprooted too soon. Over the next six months, James worked very diligently, especially since he wanted to make sure he left the operations in very good shape for his replacement. Much to his surprise, at the end of the year, he received another request from HQ to extend his stay by another year. By the end of two years, James was starting to get a little homesick, and irritated at the repeated requests for him to extend his stay. He was really ready to head back, but he had done such a good job in HK, that the Divisional Vice-President flew down to Hong Kong and convinced him to move to Mumbai, India, for another two years. James and Anne had started to enjoy living in Asia, so they agreed somewhat reluctantly, since the move to India also came with a hefty pay increase and numerous benefits. Fifteen years, five Asian countries, and three kids later, James and Anne decided it was time to head back home – primarily because they wanted their children to experience living in their ‘home’ country. He wrote back to head office requesting a transfer back to Dallas, but all his requests were met with silence, or the cursory ‘we will get back to you.’ On further inquiry, he discovered d that all the people involved in his transfer decision had transferred themselves or had left the company. The new people were not sure how to handle James’ request, and so they simply ignored his request, or tried to buy time. As a result, his performance started to suffer, and he began to wonder if he should simply quit and join a competitor in Mumbai, or go back home and force the top management team to address his situation.
Case Study Questions
In your opinion, how common is James’ situation? How should the company have handled the initial promise to bring him back home after a specified period of time?
If James does leave the company and join a competitor, who should be held responsible for the loss of ‘intellectual capital?’
If you were James, how would you handle this situation?
Answers
In this case, I would consider the situation that James faces here to be a very common situation between bosses and their employees.
1. How the company should have handled the situationThe issue that James faces with the company is a common situation that workers face in the hands of their bosses. They are transferred from place to place and in a bid to keep their jobs, they go without complaints. The company should have been able to keep to its initial agreement with him. But we can see that not properly addressing his concerns would make them lose him. The company should have made open their demands to him in the first place.
2. In this case, the company has to be held responsible if James decides to leave. This is because they have not tried to keep to their word and they have not tried in any way to do things that would pacify James either. His requests are not taken seriously.
3. Due to the fact that I take integrity and words seriously, I would leave the company to a competitor because I would find it difficult to continue working in an environment were I have to give my all and still be unheard.
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define the concept entrepreneur
Answers
Answer:
An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. Entrepreneurs who prove to be successful in taking on the risks of a startup are rewarded with profits, fame, and continued growth opportunities.
Explanation:
This should help you.
Suppose you are the owner of a firm producing jelly beans. Your production costs are shown in the following table. Initially, you produce 100 boxes of jelly beans per time period. Then a new customer calls and places an order for an additional box of jelly beans, requiring you to increase your output to 101 boxes. She offers you $1.50 for the additional box. Should you produce it? Why or why not?
Answers
Answer:
we cant say beacause we dont know average variable cost.
Explanation:
Since we don't know the typical variable cost, we are unable to say.
What is the cost?A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.
The owner of a firm producing jelly beans. Your production costs are shown in the following table. Initially, you produce 100 boxes of jelly beans per time period. Then a new customer calls and places an order for an additional box of jelly beans, Since we don't know the typical variable cost, we are unable to say.
Therefore, Typical variable cost, we are unable to say.
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You decide to decrease the price of your product to increase total sales revenue, because you believe your product's demand is
A) perfectly inelastic
B) unit elastic
C) price elastic
D) price inelastic
Answers
Answer:
C) price elastic.
Explanation:
All employees at a factory are receiving a large bonus if there are no reported injuries for 6months. As a result, some employees are hiding their injuries so that they do not cause others to lose their bonus.
What are the reasons for the negative consequences of this bonus scheme? Modify the
scheme to solve the problem.
Answers
Answer:
In simple words, first of all the conditions given in the bonus structure are not at all justified as a labor might get injured due to an accident, one should believe that every individuals keeps full diligence during work to save herself or himself from injury.
Therefore, the company should change the bonus conditions overall like paying for the damages to the inured labor like fifty repent salary with leave in case severe injuries.