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hammer [34]
1 year ago
15

Weirick, Inc., manufactures and sells two products: Product T8 and Product P4. The company has an activity-based costing system

with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product T8 Product P4 Total Labor-related DLHs $ 145,000 4,000 2,000 6,000 Production orders orders 68,360 1,100 300 1,400 Order size MHs 1,069,190 2,700 3,100 5,800 $ 1,282,550 The total overhead applied to Product P4 under activity-based costing is closest to:
Business
1 answer:
gtnhenbr [62]1 year ago
3 0

Answer:

$634,443

Explanation:

The computation of total overhead applied to Product P4 under activity-based costing is shown below:-

                                                                               

Activity        Expected               Expected           Activity  

                         costs                 Activity                Rate    

                         a                         b                      c =  a ÷ b

Labor related $145,000     6,000 DLHs         24.17 per DLHs

Production

orders           $68,360        1,400 orders     48.83 Per orders

Order size   $1,069,190      5,800 MHs       184.34 per MHs

                         Product P4

Activity driver            Overhead

Incurred                   Assigned

    d                                 e = c × d

2,000                              $48,340

300                                 $14,649

3,100                               $571,454

Total overhead cost       $634,443

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Identify an element of a successful persuasive tweet.
Sever21 [200]

Many companies use blogs and tweets to help develop a positive online presence.

Option B : To fit in all the AIDA elements, break a longer message into a multi-part tweet.

Explanation:

Websites and Twitter accounts of businesses are strong marketing resources which can help to portray an optimistic and knowledgeable presence online.

The concepts underneath AIDA even now relate to micro-names, even though you likely won't use the complete, four-part plan. Using catching and interesting interest recipients, and seek to always have a call for action. Do not spread endless retweets, numerous tweets, or other things that are more distressing to your viewers than they receive.

7 0
1 year ago
Sanborn company rents space to a tenant for $3,100 per month. the tenant currently owes rent for november and december. the tena
bixtya [17]

<u>Adjusting entry for Rent Receivable:</u>

It is given that Sanborn Company rents space to a tenant for $3,100 per month. The tenant currently owes rent for November and December, it means the Rent Receivable as on Dec. 31 is (3100*2) = $6,200

So the adjusting entry as on Dec. 31 shall be as follows:


Rent Receivable    Debit  $6,200

Rent Revenue        Credit               $6,200

(Being adjustment made for rent receivable)


8 0
1 year ago
A portfolio consists of the following two funds. Fund A Fund B $ Invested $ 12,000 $ 8,000 Weight 60 % 40 % Exp Return 15 % 12 %
vova2212 [387]

Answer:

Sharpen Ratio   =            <u>    Rp  - Rf</u>

                         standard deviation of portfolio

                        =    <u>13.8%  - 3.6%</u>

                                     173.11%

                              =   0.05892

                              = 0.059

workings

Return of portfolio   =   Ra*wa  +  Rb*Wb

                            =  15%*0.6  +  12%*0.4  

                           =   9%  +  4.8%  =  13.8%

Standard deviation of portfolio =  square root of variance

= √ stdA²wa² + stadB²wb² + 2wawbcorrAB

= √(24%*0.6)² +(14%*0.4)²  + 2*0.6*0.4*1.27

=  √207.36% + 31.36% + 0.6096

=  √2.9968

= 1.73

=  173.11%

                                                 

Explanation:

7 0
2 years ago
The author argues that Coca-Cola and General Motors sponsor sports for reasons that go beyond the desire to boost short-term sal
kicyunya [14]

Explanation:

Coca-Cola and General Motors are outstanding examples of using sponsorship as an effective tool to use sports to deliver cultural messages through their promotional activities sponsoring many small, regional sports teams and cultural events all around the world at schools, which goes far deeper than simply juxtaposing  logos in return for investment. They have a strong history of investing their resources to create events that bring the spirit of sports to cities around the world, and support athletes and teams, connecting with teens in an interesting and fun way, so they can use their power as a brand to encourage participation in sports.

These companies are committed to providing social value through its sponsorships strategy to be measured on a much broader level that includes the positive social impact it makes and the brand associations that it brings.

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2 years ago
ASSETS Cash $ 20,000 Accounts receivable 80,000 Inventory 50,000 Net plant and equipment 250,000 Total assets $ 400,000 LIABILIT
Dahasolnce [82]

Answer:

The firm's receivable turnover is 20 times

Explanation:

The computation is shown below:

Accounts receivable turnover ratio  = (Credit sales ÷ average accounts) receivable

where,  

Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2

= ($0 + $50,000) ÷ 2

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And, the net credit sale is $500,000

Now put these values to the above formula  

So, the answer would be equal to  

= ($500,000 ÷ $25,000)

= 20 times

And, the average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio

= 360 days ÷ 20

= 18 days

7 0
1 year ago
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