For whom were the first ready-to-wear suits made in America?

Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead ra

AnnZ [28]

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

6 0

2 years ago

Calgary Industries is preparing a budgeted income statement for 2018 and has accumulated the following information. Predicted sa

Irina-Kira [14]

Answer:

Net Income 186,900

Explanation:

sales 730,000

variable cost

40% of sales

40% of 730,000 = (292,000)

Selling expense (81,000)

Administrative expense (90,000)

Earnigns before taxes 267,000

income tax expense

30% of EBT

30% of 267,000 = (80,100)

Net Income 186,900

8 0

2 years ago

4. Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Expl

Novosadov [1.4K]

Answer:

If I had to take responsibility for advertising job for a company, there would be two possible methods that I use:

The first option is to post the job advertisement on social network or the website of the company. This can help approach the candidates who have already known about the company and concerned about the job opportunity here.

The second choice is to cooperate with a headhunter agency. By this method, the process that I have to be in charge of would be shorter, saving the time. In addition, headhunter companies have huge data of candidates and can approach much more than a company or a recruiter could do. They also have experience in screening the CV, interview to look for the most suitable candidates.

5 0

2 years ago

Letang Industrial Systems Company (LISC) is trying to decide between two different conveyor belt systems. System A costs $265,00

const2013 [10]

Answer:

System A EAC = -$137,679.01

System B EAC = -$127,558.81

Explanation:

Denote i = discount rate = 8%; n= number of compounding period

For system A, the after tax cost of operation is 73,000 x (1-21%) = 57,670

- NPV of system A = -265,000 - [ 57,670/8%] / [ 1 - (1+8%)^-4] = -$456,010.3549

- EAC = ( NPV x i ) / [ 1 - (1+i)^-n) = (-456,010.3549 x 8%) / ( 1 - 1.08^-4) = -$137,679.01

For system B, the after tax cost of operation is 67,000 x (1-21%) = 52,930

- NPV of system B = -345,000 - [ 52,930/8%] / [ 1 - (1+8%)^-6] = -$589,689.0206

- EAC = ( NPV x i ) / [ 1 - (1+i)^-n) = (-589,689.0206 x 8%) / ( 1 - 1.08^-6) = -$127,558.81

4 0

2 years ago

From the information given below, calculate the quick ratio. Particulars Amount (in $) Particulars Amount (in $) Cash 20,000 Acc

Nat2105 [25]

Answer:

C. 1.25 times

Explanation:

Given: Cash 20,000 Accounts payable 11,000 Notes receivable 15,000 Wages payable 5,000 Stock 5,000 Retained earnings 20,000 Inventory 6,000 Notes Payable 8,000.

Current asset: Cash.

Current Liability: Accounts payable.

Now, calculating the quick ratio.

Formula; Quick ratio= $\frac{Current\ asset- Inventory}{Current\ liability}$

⇒ Quick ratio= $\frac{20000- 6000}{11000}$

⇒ Quick ratio= $\frac{14000}{11000}$

∴ Quick ratio= $1.27 ( 1.25\ is\ closest\ options\ given)$

Hence, Quick ratio is 1.25 times

7 0

2 years ago