Answer:
a.$15.07 per unit
Explanation:
Using a single plantwide overhead rate based on direct labor hours each product is assigned $15.07 of overhead per unit.
Plantwide overhead rate = Total Budgeted Overhead/ Total Budgeted Direct Labor Hours
Plantwide overhead rate = $320,900/ 21,300= $ 15.065= $ 15.07
Overhead Total Direct Labor Hours DLH per Product A B
Painting Dept. $255,200 10,100 3 11
Finishing Dept. 65,700 11,200 6 7
Totals $320,900 21,300 9 1
Answer:
c. the firm's expected rate of return is 9.90%
Explanation:
Consider the following formula to calculate the expected return
Expected return = Sum of (Probability * Expected return)
= 50%*0.25 + 30%*0.10 + 20%*-0.28
= 0.125+0.03-0.056
= 0.099 or 9.9%
Answer:
A. reducing her exposure to the risk of reputation damaging clients.
Explanation:
CSR otherwise known as corporate social responsility is a self act by a company aimed at contributing to the development of the society or environment where the company operates. It is a volunteering and philanthropic .
Companies have now been factoring CSR into their business model because it helps them to be socially responsible and accountable. Most consumers are now beginning to check on companies who does CSR before choosing their brand.
Examples of CSR includes provision of health care facilities to the environment where the company operates, provision of scholarships to students of the host community, sponsoring events, employing people withing the community etc.
The impact of CRS and environmentally sustaining business includes but not limited to
- positively building a company's image
- increasing buyer patronage
-shortening the supply chain
-lowering cost and enhancing employee recruiting and workforce retention.
Answer:
$375
Explanation:
If Johnson will use the desired gross margin percentage to determine the selling price of its products, they must use the following formula:
selling price per unit = total manufacturing costs per unit / (1 - gross margin)
Total manufacturing costs = variable manufacturing costs + total fixed costs + batch level fixed overhead = $2,350,000 + $1,200,000 + $200,000 = $3,750,000
total manufacturing cost per unit = $3,750,000 / 20,000 units = $187.50
selling price per unit = $187.50 / (1 - 50%) = $187.50 / 50% = $375
The Federal Reserve System controls the monetary policy in the United States. They influence short-term interest rates and also determine the size of the money supply. The Federal budget is very hard to balance and <span>has been a concern and is difficult to achieve. The President sends the budget to Congress who must approve it.
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