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gtnhenbr [62]
2 years ago
13

Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring ser

vices, and TiX, which can be used to buy, sell, or exchange event tickets. For the following year, SMI expects the following results. Toot! TiX Total Users 8,900 16,600 25,500 Revenues $ 1,450,000 $ 1,200,000 $ 2,650,000 Engineering hours 7,375 5,375 12,750 Engineering cost $ 402,500 $ 521,875 $ 924,375 Administrative costs $ 739,500 Required: a. Compute the predetermined overhead rate used to apply administrative costs to the two services assuming SMI uses the number of users to allocate administrative costs. b. Based on the rates computed in requirement (a), what is the profit for each service?
Business
1 answer:
tekilochka [14]2 years ago
5 0

Answer: See explanation

Explanation:

a. Predetermined overhead rate will be:

= Administrative costs/Number of users

= 739,500/25,500

= $29 per user

Administrative costs applied to Toot will be:

= Number of users x Predetermined overhead rate

= 8900 x 29

= $258100

Administrative costs applied to Tix will be:

= Number of users x Predetermined overhead rate

= 16600 x 29

= $481400

b. For Toot

Revenue: $1,450,000

Less: Engineering cost: $402,500

Less: Administrative cost: $258,100

Profit = $789400

For Tix:

Revenue: $1,200,000

Less: Engineering cost: $521,875

Less: Administrative cost: $481,400

Profit = $196725

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PolarNik [594]

Answer:

Large firm can gain control of natural resources.

Explanation:

Investments by governements with surplus cash flows do worry trade expert as believe as investing in large firm by goverment will take away control of natural resouces by government and corporate will have more control on natural resources, sensitive technologies of nation and management control.

Generally, sovereign wealth funds (SWFs) is governement funded investment to improve economy and develop nation and it´s citizen, however, a fast-growing form of foreign direct investment is sovereign wealth funds will have adverse affect on country´s citizen and resources nation have.

5 0
2 years ago
Marigold Corp. sells radios for $50 per unit. The fixed costs are $545000 and the variable costs are 60% of the selling price. A
Montano1993 [528]

The new break-even point in units is: $23,200

Solution:

Given,

Marigold Corp. sells radios for $50 per unit

Fixed costs = $545000

Variable costs = 60%

As a consequence of the modern electronic facilities, the fixed costs are projected to rise by $35,000 and the variable costs would be 50% of the purchase price.

Now,

The new break-even point in units is:

= $545000 + $35000

= $580,000

=> 580,000/25 = $23,200

7 0
2 years ago
Which of the following best completes the following, ‘Brands can stimulate ______ media, brand-related word-of-mouth communicati
Alik [6]

Answer:Earned, owned

Explanation: A brand is an identifying symbol, mark, logo, name, word, and/or sentence that companies use to distinguish their product from others.

In today's marketplace teeming with thousands of products and services, all of which are being rapidly commoditized, a brand stands out from the clutter and attracts attention.

A brand name can create and stand for loyalty, trust, faith, premium ness or mass-market appeal, depending on how the brand is marketed, advertised and promoted.

A brand differentiates a product from similar other products and enables it to charge a higher premium, in return for a clear identity and greater faith in its function.

5 0
2 years ago
Micro Miller Company’s budgeted sales for April were estimated at $700,000, sales commissions at 4% of sales, and the sales mana
kaheart [24]

Answer:

$119,500

Explanation:

Solution:

Recall that

The budgeted sales for Micro Miller company = $700,000,

Sales commissions of = 4%

The salary of sales manager = $80,000.

Now,

Since Budgeted Sales is $700,000

Then

sales commissions is calculated as follows:

Sales Commission=0.04*700000(A)= 28000

Thus,

Sales Manager's Salary(B) = $80,000

Hence,

The shipping expenses = 0.01*700000 = $7000

Miscellaneous selling expenses becomes

Fixed = 1000

Variable =3500 700000 * 0. 5 = 119500

7 0
2 years ago
Anggarkan nilai bagi 11.4³.<br>A. 1731<br>B. 1500<br>C. 1331<br>D. 1000​
umka2103 [35]

Answer:

  • <u><em>option C. 1331.</em></u>

Explanation:

The question asks for an estimate of 11.4³.

To calculate 11.4³ exactly to must multiply 11.4 × 11.4 × 11.4.

But to have an estimate, the easiest way is to round 11.4 to 11 and find 11³ = 11 × 11 × 11.

That is not a difficult operation.

That is equal to 11² × 11.

  • 11² is a common square, which you should know that it is 121. Else, you can multiply 11 × 11 easily and obtain 121:

        11 × 11 = (10 + 1) × 11 = 110 + 11 = 121

  • Then multiply 11 × 121

         11 × 121 = (10 + 1) × 121 = 10 × 121 + 121 = 1210 + 121 = 1331

There you have your answer: option C. 1331.

3 0
2 years ago
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