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IgorLugansk [536]
2 years ago
3

Canfield Construction applies overhead to its projects at a rate of $65 per direct labor hour. Laborers are paid an average rate

of $30 per hour. The Jefferson Apartments project was charged a total of $1,200,000 in direct materials and $450,000 in direct labor costs. Overhead applied to the Jefferson Apartments project amounted to: (A) $450,000.(B) $650,000.(C) $975,000.(D) $1,600,000.
Business
1 answer:
natima [27]2 years ago
5 0

Answer:

(C) $975,000

Explanation:

The computation of the overhead applied is shown below:

= Direct labors hours × rate per direct labor hour

= 15,000 hours × $65

= $975,000

The direct labor is computed below:

= Total direct labor cost ÷ Average rate per hour

= $450,000 ÷ $30 per hour

= 15,000 direct labor hours

Hence, the correct option is c. $975,000

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A car parts company decides to discontinue the production of its lowest-selling products and instead focuses on its areas of exp
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Answer:

A) Core Competency

Explanation:

Core Competency

Core competency refers to an organisation's strategic advantage over its competitors, it means the capabilities and the resources that a business must find, cultivate and explore in order to have an advantage over its competitors in the same line of business.

In order for an activity to be defined as a business' core competence, that activity must be unique, making it difficult for others to re-produce an it must also produce a unique level of benefit or value for the consumers of the product.

Since the car parts company has innovated a new automobile product with unique value, <u>It has cultivated and explored its core competency </u>

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2 years ago
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Stephanie bought a package of pencils for $1.75 and some erasers that cost $0.25 each. She paid a total of $4.25 for these items
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Answer:

the dogs

Explanation:

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2 years ago
Lani's generated net income of $911, depreciation expense was $47, and dividends paid were $25. Accounts payables increased by $
guajiro [1.7K]

Answer:

What was the net cash flow from operating activity? $959

Explanation:

Net Income                 911  

Addition to cash    

Depreciation                   47  

 

958  

 

Operation activities  

Account Payable               15 Increase

Account receivables      -28 Increase

Inventory                         14 Decrease

 

Cash flow from

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5 0
2 years ago
BlackBerry, which gained significant market share in the early 2000s in the business, government, and consumer markets, lost mar
ziro4ka [17]

BlackBerry, which gained significant market share in the early 2000s in the business, government, and consumer markets, lost market share because "competitors offered phones with better designs and more features".

<u>Option:</u> B

<u>Explanation:</u>

The causes BlackBerry struggled are:

  • They were unable to innovate quickly enough. Apple and all the Android phone manufacturers released their phones with new operating system and physical shapes.
  • That was a major disruption in the market for cell phones and BlackBerry did not follow.

The company after Chen took over BlackBerry in late 2013 to concentrate more on apps. In 2016, the team stopped manufacturing its own branded phones and is now depending on suppliers to do so. The organization now provides a lot of its software and services revenues, as well as licensing, to big corporations.

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2 years ago
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Mel’s Meals 2 Go purchases cookies that it includes in the 10,000 box lunches it prepares and sells annually. Mel’s kitchen and
Irina18 [472]

Answer:

Current Operation (purchase of cookies) - $0.60

Alternative - $0.2 materials

$0.15 direct labor

$0.45 without increasing capacity of which $0.3 is fixed - meaning it would still be incurred at current capacity

                        <u> Mel's Meals Evaluation of Alternatives</u>

                                       Purchase                                Produce

                                            $                                              $

Cost to Buy                        0.6                                             -

Materials                               -                                             0.2

Direct Labor                         -                                             0.15

Overhead (Variable)            -                                             0.15

Total Cost                            0.6                                          0.5

Decision: Mel should not continue buying them as she would be saving $0.1 for every lunch meal.

Since there would not be an increase in the total fixed overhead if Mel's makes the cookies in-house, then the $0.3 fixed overhead is not significant in calculating the cost of producing.

Explanation:

The differential cost in this instance is $0.1 as Mel's saves that for every cookie made which multiplied by the number included in the box and by the total box prepared and sold gives = 0.1 * 2 * 10000 = $2,000 saved for making

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