Answer:
The factory overhead allocated per unit of Blinks is b.$19.50
Explanation:
It is Important to note that Ramapo Company uses a single plantwide overhead rate to apply all factory overhead costs based on direct labor hours.
A plant Wide Overhead rate is a function of the Total Overheads of a Company divided by the Total Labor Hours in the Company
<u>Total Overheads:</u>
Fabrication Department $84,000
Assembly Department $72,000
Total $156,000
<u>Total Labor Hours :</u>
Fabrication Department 0
Assembly Department ( 1,000 × 4) + (2,000×2) 8,000
Total 8,000
Note : <em>labor hours take place only in the Assembly Department</em>
<u>Plantwide overhead rate :</u>
Plantwide overhead rate = Total Overheads / Total Labor Hours
= $156,000 / 8,000
= $ 19.50
Three workers per day is minimum resource limit.
<u>Explanation:</u>
Every day he needs maximum of 3 workers, so this can be set of the minimum resource limit for the project.
Thus, the minimum resource limit for the project is - Three workers per day
All asset make and change demands are assessed against each LimitRange object in the task. In the event that the asset abuses any of the listed requirements, at that point the asset is dismissed. In the event that the asset doesn't set an express worth, and on the off chance that the imperative backings a default esteem, at that point the default esteem is applied to as far as possible is an edge for an asset the executives and helps control asset use. A procedure for overseeing limits takes into consideration the reallocation of assets to various clients or activities as necessities change.
Answer:
Net income will decrease by $400,000
Explanation:
Currently this business unit is generating a net loss of $150,000:
total revenue - variable expenses - fixed costs = $700,000 - $300,000 - $550,000 = -$150,000
if the unit is eliminated, then the revenue and variable expenses will be gone, but the fixed costs will be allocated to other business units. So instead of losing $150,000, the company will lose $550,000. The company's net income will decrease by $550,000 - $150,000 = $400,000
Answer:
C. Product A has more elastic demand than product B.
Explanation:
The graph plotted above shows the quantity demanded for 2 products in relation to their prices.
Looking at the graph, we visually conclude that product A is more responsive to a change in price, compared to how responsive product B is to a change in price.
Invariably, a change in the price of commodity A causes a greater change in the quantity demanded, compared to a change in quantity demanded for product B, with almost the same change in price.
Option C is the answer.
Answer:
$279.53
Explanation:
The amount of the $5200 charge that Francisco made during the first month has been paid off will be the total of the principal paid which is:
Principal paid =
$47.67+$47.23+$46.80+$46.37+$45.94+$45.52
=$279.53
Therefore how much of the $5200 charge that Francisco made during the first month has been paid off will be $279.53.
