Alpha Technology produces two products: a high-end laptop under the label Excellent Laptops and an inexpensive desktop under the label Outstanding Computers. The two products use two overhead activities, with the following costs:
Setting up equipment $3,000
Machining $15,000
The controller has collected the expected annual prime costs for each product, the machine hours, the setup hours, and the expected production. Excellent Laptops Outstanding Computers
Direct Labor $25,000 $10,000
Direct Materials $20,000 $5,000
Expected Production in Units 3,000 3,000
Machine Hours 850 2,000
Setup Hours 80 75
Calculate Outstanding Computer's consumption ratio for setup hours. (Note: Round your answer to two decimal places.)
a. 0.25
b. 0.48
c. 0.75
d. 0.45
e. 0.90

Answers

Answer 1

Answer:

Alpha Technology

Outstanding Computer's consumption ratio for setup hours is:

b. 0.48

Explanation:

a) Data and Calculations:

Overhead activities and costs:

Setting up equipment $3,000

Machining $15,000

                                            Excellent      Outstanding

                                             Laptops        Computers

Direct Labor                         $25,000         $10,000

Direct Materials                   $20,000          $5,000

Expected Production in Units 3,000             3,000

Machine Hours                           850             2,000

Setup Hours                                  80                  75

Total setup hours = 155 hours

Outstanding Computer's consumption ratio for setup hours = 75/155 * 100

= 48%


Related Questions

Dawson Electronic Services had revenues of $80,000 and expenses of $50,000 for the year. Its assets at the beginning of the year were $400,000. At the end of the year assets were worth $450,000. Calculate its return on assets.

Answers

Answer:

See below

Explanation:

Given the above information

Return on assets = Net income / Average total assets

Net income = $98,000

Average total assets = ($409,000 + $459,000) / 2 = $434,000

= $98,000 / $434,000

= 22.58%

Therefore, return on assets = 22.58%

Sự gia tăng về giá cả một loại hàng hóa nào đó không chắc chắn là sự gia tăng của lạm phát.đúng hay sai?

Answers

Falseeeeeeeeeeeeee saiiii

It would be acceptable to have the selling price of a product just above the variable costs and expenses of making and selling it in:_________
A) monopoly situations
B) both the short run and long run
C) the long run
D) the short run

Answers

Answer:

B.both the short run and long run.

Answer is b I had it on my test and got it right

The information necessary to conduct a bottom-up estimate of project time and cost starts with the ___________. Multiple Choice work package level 5 elements of the PBS milestones level 4 elements of the WBS planning horizon

Answers

The information necessary to conduct a bottom-up estimate of project time and cost starts with the work package.

Bottom-up estimate builds detailed cost and time estimates from the lowest level of detail for the work package.  This process improves the project's ability to be achieved within the estimated amounts of money and time.

The work package encompasses the required steps to complete the building blocks of the work breakdown structure and so actualize the project objectives.

In project management, the work requirements are broken down into  work packages.  Such breakdown enables various teams to simultaneously or sequentially work on the different project components.

Thus, information required for conducting a bottom-up estimate of project time and costs starts with the work package and not level 5 PBS elements or level 4 WBS elements.

Learn more about the importance of work packages in project management here: https://brainly.com/question/19866249

Example Payback period of a new machine Let’s say that the owner of Perfect Images Salon is considering the purchase of a new tanning bed. It costs $10,000 and is likely to bring in after-tax cash inflows of $4,000 in the first year, $4,500 in the second year, $10,000 in the 3rd year, and $8,000 in the 4th The firm has a policy of buying equipment only if the payback period is 2 years or less. Calculate the payback period of the tanning bed and state whether the owner would buy it or not. Calculate the discounted payback period of the tanning bed, stated in Example 1 above, by using a discount rate of 10%.

Answers

Answer:

Payback Period

Payback period = Year before payback + Amount left to be paid back / Cashflow in year of payback

In year 2, the bed would have paid back:

= 4,000 + 4,500

= $8,500

Would be left with:

= 10,000 - 8,500

= $1,500

Payback period = 2 + 1,500 / 10,000

= 2.15 years

Company will not buy as payback period is more than 2 years.

Discounted payback period.

Discount the cashflows first:

Year 1 = 4.000 / 1.1 = $3,636.36

Year 2 = 4,500 / 1.1² = $3,719

Year 3 = 10,000 / 1.1³ = $7,513.15

Year 4 = 8,000 / 1.1⁴ = $5,464.11

Discounted payback period = Year before payback + Amount left to be paid back / Cashflow in year of payback

= 2 + (10,000 - 3,636.36 - 3,719) / 7,513.15

= 2 + 2,644.64 / 7,513.15

= 2.35 years

The furniture store offers you no-money-down on a new set of living room furniture. Further, you may pay for the furniture in three equal annual end-of-the-year payments of $1,000 each with the first payment to be made one year from today. If the discount rate is 6%, what is the present value of the furniture payments

Answers

Answer: $2,673

Explanation:

The amounts to be paid are constant so this is an annuity. The present value will therefore be the present value of an annuity.

Present value of annuity = Annuity * Present value interest factor of annuity, 3 periods, 6%

= 1,000 * 2.6730

= $2,673

The mailroom employees send all remittances and remittance advices to the cashier. The cashier deposits the cash in the bank and forwards the remittance advices and duplicate deposit slips to the Accounting Department.
a. Indicate the weak link in internal control in the handling of cash receipts.
b. How can the weakness be corrected?

Answers

Answer:

a. There is weak control measure by sending the remittance advice to the cashier

b. To remedy this weakness in control the mailroom can send the remittance advice directly to the accounting department

Explanation:

In the given scenario the mailroom sends remittance advice to the cashier who then processes deposit and sends the remittance advices and duplicate deposit slips to the Accounting Department.

Given the opportunity the cashier can divert some of the remittance advice without the accounting department knowing since the mailroom does not report anything to the accounting department.

To avoid this risk in operations it will be better for the mailroom to send the remittance advise to the accounting department.

The accounting department can now forward to the cashier for processing

o What’s the Difference Between Non-Formal and Informal Learning

Answers

Answer:

I hope this will help you

Many people have strong negative reactions to pop-up, pop-behind, interstitial, and rich media ads. Assume you are the director of an advertising agency that specializes in creating and placing these ads. You see an opinion article in your local online newspaper that harshly criticizes these ads as intrusive and unnecessary. Write a details rejoinder to post in the comments section of this article in which you explain, from the advertiser’s viewpoint, why these ads can be more effective advertising media than text ads.

Answers

Answer:

Im on a private jet eating popeyes chicken, i be flexing like im eating popeyes spinach

Explanation:

plato users

The cost object in a job order system is the ______ and the cost object in a process costing system is the ______.
a. process; specific job
b. specific job; process
c. process; department
d. department; process

Answers

Answer:

B. Hope it helps:)

Explanation:

Answer: C. Process;Department

Explanation: the cost object in a job order system is the specific job and the cost object in a process costing system is the process.

The cost of capital is:___________

a. the return that a previous project for the firm had earned.
b. the minimum return that a capital budgeting project must earn for it to be accepted.
c. the maximum return a project can earn.
d. none of these.

Answers

Answer:

I think that the correct answer is b.

Answer:

B

Explanation:

i think the correct answer is B

Where do you see Dow Jones in the coming two years ?

Answers

Dow jones the business, is that what you or asking sorry just want to make sure so i answer the question correctly

Cash Dividends King Tut Corporation issued 19,000 shares of common stock, all of the same class; 12,000 shares are outstanding and 7,000 shares are held as treasury stock. On December 1, 2019, King Tut's board of directors declares a cash dividend of $0.50 per share payable on December 15, 2019, to stockholders of record on December 10, 2019. Required: Prepare the appropriate journal entries for the (a) date of declaration, (b) date of record, and (c) date of payment. If no entry is required, choose "No entry required" and leave the amount boxes blank. (a) fill in the blank 2 fill in the blank 4 (b) fill in the blank 6 fill in the blank 8 (c) fill in the blank 10 fill in the blank 12

Answers

Answer:

King Tut Corporation

Journal Entries:

December 1, 2019

Debit Cash dividend $2,500

Credit Dividend Payable $2,500

To record the declaration of $0.50 per share payable on December 15, 2019, to stockholders of record on December 10, 2019.

December 10, 2019 No journal entry

December 15, 2019

Debit Dividend Payable $2,500

Credit Cash $2,500

To record the payment of dividends.

Explanation:

a) Data and Calculations:

Issued 19,000 shares of common stock, all of the same class;

12,000 shares are outstanding and

7,000 shares are held as treasury stock.

December 1, 2019, Cash dividend $2,500 Dividend Payable $2,500

$0.50 per share payable on December 15, 2019, to stockholders of record on

December 10, 2019 No journal entry

December 15, 2019, Dividend Payable $2,500 Cash $2,500

Brad operates a hardware store. He maintains the books using the cash method. At the end of the year, his accountant computes his accrual basis income that is used on his tax return. For 2018, Brad had cash receipts of $2,200,000, which included $750,000 collected on accounts receivable from 2017 sales. At the end of 2018, he had $910,000 in accounts receivable from customers, all from 2018 sales. Brad paid cash for all of the purchases. The total amount he paid for merchandise in 2018 was $1,100,000. At the end of 2017, he had merchandise on hand with a cost of $165,000. At the end of 2018, the cost of merchandise on hand was $140,000.

a. Brad's accrual basis gross receipts for 2018 are: __________
b. The cost of goods sold for 2018 under the accrual method is: ____________
c. The gross profit from merchandise sales for 2018 under the accrual basis is:__________

Answers

Answer:

Brad Hardware Stores

a. Brad's accrual basis gross receipts for 2018 are: __________

= $1,450,000.

b. The cost of goods sold for 2018 under the accrual method is: ____________

= $1,125,000.

c. The gross profit from merchandise sales for 2018 under the accrual basis is:__________

= $1,235,000.

Explanation:

a) Data and Calculations:

Sales revenue for 2018:

Cash receipts =                       $2,200,000

Less 2017 accounts receivable $750,000

Add 2018 accounts receivable  $910,000

Sales revenue for 2018 =       $2,360,000

Gross receipts for 2018:

Cash receipts =                       $2,200,000

Less 2017 accounts receivable $750,000

Gross cash receipts =             $1,450,000

Purchases for 2018 = $1,100,000

Beginning inventory = $165,000

Ending inventory = $140,000

Cost of goods sold =  $1,125,000

Accrual Basis:

Sales revenue for 2018 = $2,360,000

Cost of goods sold =            1,125,000

Gross profit                       $1,235,000

Required information
A bank reconciliation proves the accuracy of the depositor's and the bank's records. The bank statement balance is adjusted for items such as outstanding checks and unrecorded deposits made on or before the bank statement date but not reflected on the statement. The book balance is adjusted for items such as service charges, bank collections for the depositor, and interest earned on the account. The company's bank reconciliation at June 30 included interest earned in the amount of $150. Complete the necessary journal entry .

Answers

Answer:

Date                      Account Title                                      Debit            Credit

June 30                Cash                                                    $150

                             Interest revenue                                                      $150

Explanation:

Interest earned is considered to be revenue so it will be credited to the interest revenue account.

Cash will be debited because the interest revenue increased it and assets are debited when they increase.

who determines the price in perfect markets?​

Answers

In a Perfectly Competitive Market or industry, the equilibrium price is determined by the forces of demand and supply. Equilibrium signifies a state of balance where the two opposing forces operate subsequently. An equilibrium is typically a state of rest from which there is no possibility to change the system.

Hope this answer helps you..

.

.

Select it as the BRAINLIEST

Zimmer, Inc. started the month of January with beginning finished goods inventory of $20,000. The cost of goods manufactured during the month was $120,000 and the ending finished goods inventory was $50,000. What is the unadjusted cost of goods sold for January

Answers

Answer:

$90,000

Explanation:

Calculation to determine the unadjusted cost of goods sold for January

Using this formula

Unadjusted cost of goods sold= beginning finished inventory + cost of goods manufactured - ending finished inventory

Let plug in the formula

Unadjusted cost of goods sold= 20,000 + 120,000 - 50,000

Unadjusted cost of goods sold= $90,000

Therefore the Unadjusted cost of goods sold is $90,000

If you want to increase your purchasing power by investing in a bond, then: _____________

a. you must purchase that bond at a discount.
b. the nominal rate of return on that bond must be less than the inflation rate.
c. you should purchase a premium bond.
d. the nominal rate of return must equal or exceed the rate of inflation.
e. you must earn a positive real rate of return on that bond.

Answers

Answer:

b. the nominal rate of return on that bond must be less than the inflation rate

Economic efficiency requires that a natural monopoly's price be: Select one: A. equal to marginal cost where it intersects the demand curve B. equal to the lowest price the firm can charge and still make a normal profit C. equal to average variable cost where it intersects the demand curve D. equal to average total cost where it intersects the demand curve.

Answers

Answer: A. equal to marginal cost where it intersects the demand curve

Explanation:

In a pure competition, the market is efficient because it balances demand and supply and gives an equilibrium price that takes both of them into account.

In this market, the price is equal to the marginal revenue of a firm and the profit maximizing level of production is where the marginal revenue intersects the marginal cost.

The efficient level is therefore where price equals marginal cost. The same goes for a natural monopoly. If economic efficiency is to be achieved, the natural monopoly's price must equal the marginal cost at the equilibrium price.

When a company receives payment from a customer whose account receivable was previously written off, the company a. reinstates the customer's account to the balance of both gross receivables and the allowance. b. records a decrease in bad debt expense. c. records an increase in net revenue. d. records a gain from unexpected collections.

Answers

Answer:  a. reinstates the customer's account to the balance of both gross receivables and the allowance.

Explanation:

When a company receives payment from a customer whose debt had been written off, the first step is to reinstate the account. This will be done by debiting the Accounts Receivable account and crediting the Allowance for doubtful debt accounts.

The accounts receivable account will then be credited to show that it is reducing. The cash account will be debited to show that cash was received from the customer.

Which of the following is not a standard organizational structure

Answers

Question Completion with Options:

i. Line Organisation

ii. Staff Organisation

iii. Functional Organisation

iv. Committee Organisation Code  

Answer:

The option that is not a standard organizational structure is:

iv. Committee Organisation Code

Explanation:

The organizational structure adopted by an entity reflects how some of its rules, roles, and responsibilities are directed between organizational levels in order to achieve its goals. The organizational structure also shows the information flows between different levels within the entity.  Traditionally, organizations maintained hierarchical, functional, divisional, matrix, and flat organizational structures.  Given current digitalization with its internet of things (IoT), more decentralized, network, and team-based organizational structures have emerged.

On January 2, 20X1, Ziegler Company issues a four-year note in exchange for a license agreement requiring four annual payments of $27,956. The market value of the four-year agreement is $100,000. The first payment is due on the day the agreement is signed. The effective interest rate is 8%. The second payment includes interest of:

Answers

Answer:

$5,763.52

Explanation:

1st payment is due on the day the agreement  is signed.

The 2nd payment interest is computed as bellow:

=> ($100,000 - First payment) * 8%

=> ($100,000 - $27,956) * 8%

=> $72,044 * 8%

=> $5,763.52

So, the second payment includes interest of $5,763.52.

Jennifer is the sole beneficiary of an irrevocable trust created by her father. Income and principal may be distributed to her at the trustee's discretion. Jennifer has a 5-and-5 power of appointment over the trust. Jennifer died last month at which time the trust was valued at $2,500,000. She did not withdraw any money from the trust this year. How much of the trust was included in her estate at death

Answers

Answer:

$125,000

Explanation:

Calculation to determine How much of the trust was included in her estate at death

Since she has 5-and-5 power of appointment over the trust which means that she has the ability to withdraw the GREATER of 5% of fair market value (fmv) of the trust or the amount of $5,000.

Hence, the amount that was included in her estate at death will be $125,000 which is calculated as (5%*trust valued amount of $2,500,000)

Therefore How much of the trust was included in her estate at death is $125,000

Which of the following are the best definitions of the decision variables? – finish time of activity , for – time to be crashed, i.e., saved, for activity ,for – start time of activity , for – time to be crashed, i.e., saved, for activity ,for – finish time of activity , for – start time of activity , for – start time of activity ,for – time finally used by activity i space, for i equals A comma B comma C comma D comma E comma F comma G comma H None of the above.

Answers

Answer:

None of the above.

Explanation:

A decision variable is a one that is not know in an optimization problem. The decision variable type is based on underlying optimizer of a model. The variable may decide the out-put.

Annual interest rate 4.00%

Loan Amount 4923275

Years 7

Grace Period 2 Years

Loan Period 5 Years

Total 7 Years

Project 1.5 years (development or initial investment period)

further 10 years of operation (life of the project)

Repayable in 5 equal installments.

I need figures for interest expense, interest paid, and principal repayment. Anyone can help me?

Answers

Answer:

formula is PRT÷10

Explanation:

so solve it

Yams Company reports the following operating results for the month of August: sales $400,000 (units 5,000), variable costs $240,000, and fixed costs $90,000. Management is considering the following independent courses of action to increase net income.

1. Increase selling price by 10% with no change in total variable costs or units sold.
2. Reduce variable costs to 55% of sales.

Required:
Compute the net income to be earned under each alternative. Which course of action will produce the higher net income?

Answers

Answer:

Yams Company

Alternative 1: Increasing the selling price by 10% with no change in total variable costs or units sold will produce the higher net income.

Explanation:

a) Data and Calculations:

                                                          Total         Unit   Quantity

Sales for the month of August = $400,000     $80        5,000

Variable costs =                            $240,000       48        5,000

Fixed costs =                                  $90,000

Alternatives to increase net income:

                                       Alternative 1        Alternative 2

Sales revenue                  $440,000            $400,000

Variable costs                    240,000              220,000

Contribution margin       $200,000             $180,000

Fixed Costs                         90,000                 90,000

Net income                      $110,000               $90,000

The stock brokerage firm of Blank, Leibowitz, and Webber has analyzed and recommended two stocks to an investor. The investor was interested in factors such as short-term growth, intermediate growth, and dividends rates. The data on each stock is as follows: STOCK ($) FACTOR LOUISIANA GAS AND POWER TRIMEX INSULATION COMPANY Short-term growth potential, per dollar invested 0.36 0.24 Intermediate growth potential (over next 3 years), per dollar invested 1.80 1.50 Dividend rate potential 4% 8%The investor has the following goals: an appreciation of no less than $720 in the short term, an appreciation of at least $5000 in the next three years, and a dividend income of at least $200 per year. What is the smallest investment the investor can make to meet these three goals.

Answers

Fnjejeuru3736636463628383838jfjfjrjrjrjrjrjjrjrjfjriir

convenient product is the product that is relatively inexpensive item that merits little shopping effort. Is it true or false?​

Answers

Answer: True

Explanation:

A convenient product is the product that is relatively inexpensive item that merits little shopping effort.

A convenient product refers to an inexpensive product which requires a little amount of effort from the consumer to purchase it. Some examples of convenience products include soft drink, bread, coffee.

Therefore, the statement given is true.

Refer to the supply and demand data for a certain elective surgical procedure. Without health insurance, the equilibrium price and quantity would be: Group of answer choices $3,000 and 7,000. $2,000 and 11,000. $5,000 and 2,000. $4,000 and 4,000.

Answers

Answer:

$3,000 and 7,000

Explanation:

Please find attached the table used in answering this question

Equilibrium price is the price at which quantity demand equal quantity supplied.

Equilibrium quantity is the quantity that equates  quantity demand with quantity supplied.

Above equilibrium price there is a surplus - quantity supplied exceeds quantity demanded. As a result of the surplus, price would fall until equilibrium is reached.

Below equilibrium price there is a shortage - quantity demanded exceeds quantity supplied. As a result of the shortage, price would rise until equilibrium is reached


How does the price range affect the elasticity of demand for a product?
Demand for all goods is elastic if the price is low enough.
Price range has little or no effect on elasticity of demand for a good.
Demand for a good can be inelastic at a low price, but elastic at a high price.
Demand for a good can be elastic at a low price but inelastic at a high price.

Answers

Answer:

How does the price range affect the elasticity of demand for a product?

Demand for all goods is elastic if the price is low enough.

Price range has little or no effect on elasticity of demand for a good.

Demand for a good can be inelastic at a low price, but elastic at a high price.

Demand for a good can be elastic at a low price but inelastic at a high price.

Explanation:

How does the price range affect the elasticity of demand for a product?

Demand for all goods is elastic if the price is low enough.

Price range has little or no effect on elasticity of demand for a good.

Demand for a good can be inelastic at a low price, but elastic at a high price.

Demand for a good can be elastic at a low price but inelastic at a high price.

Answer:

the answer is demand for a good can be inelastic at a low price, but elastic at a high price.

Explanation:

Other Questions
Please help!!!The figures to the right are similar. Compare the first figure to the second. Give the ratio of the perimeters and the ratio of the areas (integer or a simplified fraction) Tm cc cm ch-v m rng trong cc v d di y v cho bit cc cm ch-v m rng cho thnh phn no trong cu/trong cm t?a) Oan-i-xny tng b ton son sa thi v thiu tng.b) Ch Cc trng thy D Chot ang loay hoay trc ca hang. (T Hoi)c) D Chot l ci tn ti t mt cch ch giu v trnh thng. (T Hoi)d) Ti ch thy ngi trong sch i li, ni chuyn vi nhau thi.e) Khi ti i ng ri, bc lao cng vn ang qut rc trn ng ph HELP ME WIT THIS QUESTION Consider the following chemical reaction: 2SO2 (g) + O2 (g) -----------> 2SO3 (g) 1.50 L. of sulfur trioxide at the pressure of 1.20 atm. and temperature of 25 oC is mixed with excess of oxygen. Calclate volume of the product in L. at STP. A. 11.2 L. B. 1.65 L. C. 16.5 L. D. 0.129 L. Sales-Related TransactionsMerchandise is sold on account to a customer for $7,400, terms FOB shipping point, 1/10, n/30. The sellerpaid the freight of $390. Determine the following:a.Amount of the saleb.Amount debited to Accounts Receivablec.Amount received within the discount period7,326 X describe the kinds of verb In addition to the thesis sentence, a good introductory paragraph also includes?AA closing paragraphBA closing statementAn opening statementDA summary 14% of all Americans live in poverty. If 35 Americans are randomly selected, find the probability thata. Exactly 3 of them live in poverty.b. At most 7 of them live in poverty.c. At least 4 of them live in poverty.d. Between 1 and 8 (including 1 and 8) of them live in poverty. Which is a point on the circle whose center is (0, 0) and whose radius is 5?A. (2, 3)B. (0, 0)C. (3, 4)D. (4, 5) Side XY of triangle XYZ is extended to point W, creating a linear pair with WYZ and XYZ.Triangle X Y Z. Point W extends from side X Y. Angle Z is 36 degrees, angle Y is x degrees, and exterior angle W Y Z is 100 degrees.What is the value of x? Please help me with this someone do any of u know how to do this ? Please help me solve for this don't report I did NOT ignore the Honor rule aktiviti yang manakah meningkatkan kelenturan Research has shown that students who have high confidence are more likely to try hard, choose challenging tasks, experience positive emotions, and be less anxious in training and competition. Find the lengths the missing side how can peace be establishedPlz answer this question Find the distance between points M(-1,-10) and P(-12,-3). Round to the nearest tenth how to not addUse methods to: 1. Get a String from the user at the command line 2. Populate an ArrayList of Character data (the wrapper class), with each char in the String represented as a separate Character element in the ArrayList 3. Output each Character to the command line, each on a separate line space into my array list john has to play to him. (into negativ)