Why do countries specialize? Check all that apply.

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

gtnhenbr [62]

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

3 0

1 year ago

Recyclable or biodegradable packaging, recycled materials and components, and better pollution controls are ways that marketers

Alexeev081 [22]

<span>With the following actions provided above, it has been concluded that the marketers has responded to the environmental stability in which these are strategies that is helpful in the environment, in the economy and to meet the needs that will be helpful in the future.</span>

6 0

1 year ago

Unlike merchant wholesalers, ___________ never actually own the goods they help to distribute. rack jobbers retailers cash-and-c

ANEK [815]

The correct answer is agents and brokers. Agents and brokers are considered to be a non-manufacturing traders by which they sell, buy, or even facilitate the traded products of which the goods that they sell are not theirs or they didn't actually owned it.

6 0

1 year ago

If Bob and Judy combine their savings of $1,260 and $975, respectively, and deposit this amount into an account that pays 2% ann

Andrew [12]

Answer:

The account balance after 4 years will be $2,420.

Explanation:

First we need to add Bob and Judy's amount to find the total amount that will be deposited. (1260+975)=2,235.

Now we will break up the annual interest into monthly interest because it will be compounded monthly. 2/12=0.166.

Then we will break up the 4 years into months also because the interest is compounded monthly. 4*12=48

Now we use the formula for compound interest

Final amount = Principal*(1+R)^N

Principal = 2,235

R= 0.166% or 0.00166

N= 48

We put these values into our formula

2,235*(1+0.00166)^48

=2,420

6 0

1 year ago

Financial information for American Eagle is presented in Appendix A at the end of the book. Required: 1-a. Calculate the current

jasenka [17]

Answer:

Find the appendix attached:

Current ratio improved in 2018 from 1.83 in 2017 to 2.00 in 2018

Acid test ratio improved in 2018 from 1.10 in 2017 to 1.18 in 2018

The payment of $100 million accounts payable would make current ratio in 2017 improve from 1.83 to 2.03 and in 2018 from 2.00 to 2.25

The payment of $100 million accounts payable would make acid test ratio in 2017 from 1.10 to 1.12 and in 2018 from 1.18 to 1.22

Find computations below.

Explanation:

2018 2017

Current ratio

Current assets/current liabilities

$968,530/$485,221 2.00

$901,229/$493,783 1.83

Current ratio improved in 2018 from 1.83 in 2017 to 2.00 in 2018

2018 2017

Acid test ratio

(Current assets-inventory)/current liabilities

($968,530-$398,213)/$485,221 1.18

($901,229-$358,446)/$493,783 1.10

Acid test ratio improved in 2018 from 1.10 in 2017 to 1.18 in 2018

Impact of $100,000,000 cash used in settling accounts payable:

2018 2017

Current ratio

Current assets/current liabilities

($968,530-$100,000)/($485,221-$100,000) 2.25

($901,229-$100,000)/$493,783-($100,000) 2.03

The payment of $100 million accounts payable would make current ratio in 2017 from 1.83 to 2.03 and in 2018 from 2.00 to 2.25

2018 2017

Acid test ratio

(Current assets-inventory)/current liabilities

($968,530-$398,213-$100,000)/($485,221-$100,000) 1.22

($901,229-$358,446-$100,000)/($493,783-$100,000) 1.12

The payment of $100 million accounts payable would make acid test ratio in 2017 from 1.10 to 1.12 and in 2018 from 1.18 to 1.22

Download xlsx

5 0

2 years ago