On January 22 , Jefferson County Rocks Inc., a marble contractor, issued for cash 20,000 shares of $24 par common stock at $82, and on February 27 , it issued for cash 150,000 shares of preferred stock, $4 par at $6. a. Journalize the entries for January 22 and February 27. If an amount box does not require an entry, leave it blank. b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27 ?
Answers
The total amount invested (total paid-in capital) by all stockholders as of February 27 is $2,540,000
a. Journal entries for January 22 and February 27:
January 22:
Cash 1,640,000
Common Stock 480,000 (20,000 shares x $24 par)
Paid-in Capital in Excess of Par 1,160,000 ($82 - $24 = $58 excess per share x 20,000 shares)
February 27:
Cash 900,000
Preferred Stock 600,000 (150,000 shares x $4 par)
Paid-in Capital in Excess of Par 300,000 ($6 - $4 = $2 excess per share x 150,000 shares)
b. Total amount invested (total paid-in capital) by all stockholders as of February 27:
Total paid-in capital = Common Stock + Preferred Stock + Paid-in Capital in Excess of Par
Total paid-in capital = $480,000 + $600,000 + ($1,160,000 + $300,000)
Total paid-in capital = $2,540,000
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Related Questions
True or False: A required implementation specification must be put into place as written in the Rule.
Answers
A required implementation specification must be put into place as written in the Rule. This is true as only addressable specification may have alternate implementation.
What is an implementation specification?An implementation specification is a more detailed description of the method covered entities can use to meet the requirements of a particular standard. This is typically related to the HIPAA security rule.
It should be noted that the first step toward Security Rule compliance requires the assignment of security responsibility — a Security Officer. Here, the Security Officer can be an individual or an external organization that leads Security Rule efforts and is responsible for ongoing security management.
Here, the required implementation specification must be put into place as written in the Rule. This is true as only addressable specification may have alternate implementation.
Based on the above information, it can be deduced that the correct option will be true.
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Suppose that the demand curve for chairs in Euroland is given by QD = 800,000 − 6,000P, and that the supply curve is given by QS = 14,500P - 225,000. The equilibrium price is €50. The government is thinking about imposing a tax of €10 on chairs. The price received by suppliers after the tax is
Answers
Answer:
€57.07
Explanation:
Given that:
The equilibrium price = € 50
Suppose that the government is imposing tax of €10 on chairs;
Then:
QS = 14500(P-10) - 225000
QS = 14500P- 145000 - 225000
QS = 14500P - 370000
Now, we have to equate QD with the new QS
By equating both together, we have:
800000 - 6000P = 14500P - 370000
Collect like terms
800000 + 370000 = 14500P + 6000P
1170000 = 20500P
Making P the subject of the formula;
P = 1170000/20500
P = € 57.07
This implies the price received by suppliers after the tax is €57.07.
Strum Services provides content management services to major educational publishers. Due to low morale, the level of employee output has been below par which has caused a backlog in work.
34) Which of the following, if true, would strengthen the argument to use coercive techniques in this situation?
A) The company is on a tight deadline to complete a major project for an important client.
B) The company is in its lean season and work volumes are low.
C) The company can afford to hire temp workers to handle the backlog and complete the work on time.
D) The company's workforce is comprised of employees with highly specialized skill sets.
E) Employees are demotivated because of the company's stringent work culture.
Answers
The company is on a tight deadline to complete a major project for an important client would strengthen the argument to use coercive techniques in this situation. So, the correct option is A.
The fact that the company is on a tight deadline and has a major project to complete for an important client means that they cannot afford to have a backlog in work. This situation requires immediate action to increase employee output and meet the deadline.
Coercive techniques, such as strict deadlines and consequences for not meeting them, may be necessary to motivate employees to work at a higher level of productivity. It is important to note that coercive techniques should be used as a last resort and other methods, such as improving morale and providing incentives, should be attempted first.
However, in a situation where a major project and important client are at risk, using coercive techniques may be necessary to ensure the success of the project and the satisfaction of the client. Therefore, the correct option for the given question is option A.
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In which situation would loosening lending standards be appropriate?
Help me find some articles.
And give some ideas. thx
Answers
Loosening lending standards would be appropriate in a situation when the economy is in a downturn or recession, and there is a need to stimulate economic growth.
When lending standards are tight, it can be difficult for individuals and businesses to obtain credit, which can lead to a decrease in spending and investment, causing a further decline in economic activity. By loosening lending standards, it can be easier for individuals and businesses to obtain credit, leading to increased spending and investment, which can stimulate economic growth.
There are numerous articles that discuss the impact of loosening lending standards, especially in the context of the subprime mortgage crisis that occurred in the late 2000s. Some articles to consider include:"Loosening Lending Standards: Implications for Consumer Credit and the Economy" by the Federal Reserve Bank of Philadelphia"Credit Scores and Credit Availability: Evidence from the Subprime Mortgage Crisis" by the National Bureau of Economic Research"
Effects of the Financial Crisis and Great Recession on American Households" by the Federal Reserve Bank of St. LouisSome ideas for when loosening lending standards might be appropriate include:- During a recession or economic downturn when credit is tight and businesses and individuals need access to credit to maintain spending and investment-
When there are limited options for credit due to tight lending standards, especially in underserved communities or for those with lower credit scores or limited credit history- When there is a need to stimulate economic growth through increased spending and investment, which can be facilitated by easier access to credit.
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What kinds of work would you be doing in the Printing Technology Pathway?
Answers
Answer:
The printing technology pathway includes occupations involved in prepress, press and binding, or post-press processes. Workers might transform text and pictures for printing plates, or use digital technology for graphics, layout or printing.
Explanation:hope that this helps :)
what is intertropical means?
Answers
Answer:
Explanation:
situated between or within the tropics. or relating to regions within the tropics : tropical.
plz mark as brainliest
Bert's company is about to release a new electronics product. the electronics product is estimated to have a short life cycle before it is replaced by an upgraded one. the company would like to recover the capital spent to produce the product. it therefore decides to charge the highest possible price for the product upon release. bert's firm recognizes this might provide an advantage to competitors who may release the product at a lower price, but it believes customers will feel that the higher price signals higher quality.
what type of pricing objective has bert's firm adopted?cash flow
Answers
The type of pricing objective has Bert's firm adopted cash flow.
Which of the following is a reason for a corporation to increase the price of a product?Companies occasionally increase their prices to reflect rising costs. To cover any further cost increases, they may generally raise the prices by a larger amount than the cost increases. A seller may raise the price of their goods if there is a greater demand than there is for that thing.
Which of the following pricing techniques is most likely to cause a retailer to lose money on the item?In an effort to boost sales of other goods, it is offered at a discount to cost. Pricing for special events and price leaders.
What appeals to cellars about a high-low pricing strategy?Because it draws buyers from two different market segments—those who are not price sensitive and are prepared to pay the "high" price and those who are more sensitive to price and wait for the "low" sale price—a high/low strategy is appealing.
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¿Un producto tiene una EPD de 0,73. Qué podemos decir acerca de la Elasticidad de este producto? Explique.
Answers
Answer:
En este caso, EPD tiene un valor de 0,73, siendo menor que 1. Por lo que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio.
Explanation:
La elasticidad precio de la demanda (EPD) indica en qué medida los cambios en el precio alteran la demanda de productos o servicios concretos. En otras palabras, la elasticidad precio de la demanda señala cuánto varía la cantidad demandada de un bien cuando varía su precio.
Se calcula comparando el valor porcentual del cambio en el precio con el del correspondiente cambio en la demanda. Es decir, se define como el cambio porcentual en la cantidad demandada dividido por el cambio porcentual en el precio.
Si la EPD > 1, se dice que la demanda del bien es elástica y la cantidad demandada aumenta (disminuye) en mayor proporción en que baja (sube) el precio. La cantidad demandada aumenta (disminuye) en mayor proporción en que baja (sube) el precio.
Si la EPD < 1, se dice que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio. La demanda de un bien es inelástica cuando la reacción de los consumidores ante un cambio en el precio no es significativa.
Si la EPD = 1, se dice que la demanda del bien tiene elasticidad unitaria y la cantidad demandada aumenta (disminuye) en la misma proporción en que baja (sube) el precio.
En este caso, EPD tiene un valor de 0,73, siendo menor que 1. Por lo que la demanda del bien es inelástica y la cantidad demandada aumenta (disminuye) en menor proporción de lo que baja (sube) el precio.
The epicurean society is holding its annual election for president. The three candidates are a, b, and
c. Twenty percent of the voters like upper c the most and upper a the least. Forty percent of the voters like upper a the most and upper c the least. Of the remaining 232 prefer upper b to upper c and upper c to upper a, and 696 prefer upper b to upper a and upper a to upper
c. Write out the preference schedule for this election.
Answers
Answer and Explanation:
Please find answer and explanation attached
A firm sells a single product for $65 per unit. Variable cost per unit is $20 for materials and $27.50 for labor. Annual fixed cost is $100,000. Construct the profit function stated in terms of x, the number of units produced and sold. What profit is earned if annual sales are 20,000 units?
Answers
To construct the profit function stated in terms of x, the number of units produced and sold,
we need to consider the total cost and total revenue.To construct the profit function, we need to consider the revenue and cost components.Revenue:
The revenue per unit is $65, and the number of units produced and sold is denoted as x. Therefore, the revenue can be expressed as:
Revenue = $65 * xCost:
The variable cost per unit includes both material and labor costs. The total variable cost per unit is $20 + $27.50 = $47.50. The total variable cost for x units can be calculated as:
Total Variable Cost = $47.50 * xThe annual fixed cost is $100,000 and is independent of the number of units produced and sold.Profit Function:
Profit = Revenue - Total Variable Cost - Fixed Cost
Profit = ($65 * x) - ($47.50 * x) - $100,000
Simplifying the equation:
Profit = $17.50 * x - $100,000
Now, let's calculate the profit when annual sales are 20,000 units:
Profit = $17.50 * 20,000 - $100,000
Profit = $350,000 - $100,000
Profit = $250,000
Therefore, if annual sales are 20,000 units, the firm would earn a profit of $250,000.
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certificates of deposit and money market accounts are both examples of investments with __________ risk and __________ return.
Answers
Certificates of deposit and money market accounts are both examples of investments with high risk and low return.
What is the purpose of a certificate of deposit?A certificate of deposit is a type of savings account in which the issuing bank holds a specific quantity of money for a specified period of time, such as six months, one year, or five years, in exchange for interest.
When one cash in or redeem your CD, they get the money they put in plus any interest earned.
Thus, high and low are correct.
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do you feel that countries and companies need explicit strategies for technology development, given the tremendous amount of largely spontaneous creativity that occurs today, often in areas where new technologies are not expected to exert a great influence.
Answers
Countries and businesses require explicit strategies for technological development, according to the current market and business scenario, companies and countries use the most recent and up-to-date technologies.
What is meant by explicit strategies?Explicit strategies for technological development are unnecessary for countries and businesses. They may desire it in order to improve business processes and adapt to new technologies. Explicit strategies are those that are well defined and implemented in order to have clear technological development to the specified business structures. Implicit strategies, on the other hand, tend to confine companies and countries to a specific way of thinking, resulting in more concise technological development. This strategy would aid in simulating innovation and creativity in technological development.Because of the increase in technological advancement and Internet usage, our reliance on technology and its applications has changed in all aspects of our daily lives. Businesses must address the current demands of modern customers and the market, so IT-enabled solutions are required to achieve organizational goals and objectives.To learn more about strategy refer to :
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Yes i feel that countries and companies need explicit strategies for technology development, given the tremendous amount of largely...in areas where new technologies are not expected to exert a great influence.
Give a brief account on technological development.The process of developing new technologies or methods through invention, innovation, and spread is known as technological change (TC) or technological development. In essence, technological change includes the creation of technologies (including processes) and their commercialization or release as open source through research and development (producing emerging technologies), the continuous improvement of technologies (in which they frequently become less expensive), and the dissemination of technologies throughout industry or society (which sometimes involves disruption and convergence). To put it simply, better and more technology are the foundations of technological change. The "Linear Model of Invention," which was once used to illustrate technological change, has largely been abandoned in favour of a model of technological change that incorporates innovation at all stages of research.
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Total output is increasing but marginal product of labor is decreasing. This is an example of...
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To examine
the weekly payroll of all employees, one would look at the:
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To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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am I correct? if not lmk the answer please
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. producers have little incentive to produce a public good because a. the social benefit is less than the private benefit. b. the social benefit is less than the social cost. c. there is a free-rider problem. d. there is a tragedy of the commons.
Answers
A producers have little incentive to produce a public good because there is a free-rider problem. The Option C is correct.
What is the problem of free-rider?In social sciences, a free-rider problem refers to a type of market failure that occurs when the people that benefit from resources, public goods, or services of a communal nature do not pay for them or under-pay for such things. So, in essence, a free riders are a big problem because while not paying for the good, the people may continue to access or consume it.
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The strategy-making, strategy-executing process
A. is usually delegated to members of a company's board of directors so as not to infringe on the time of busy executives.
B. includes establishing a company's mission, developing a business model aimed at making the company an industry leader, and crafting a strategy to implement and execute the business model.
C. embraces the tasks of developing a strategic vision, setting objectives, crafting a strategy, implementing and executing the strategy, and then monitoring developments and initiating corrective adjustments in light of experience, changing conditions, and new opportunities.
D. is principally concerned with sizing up an organization's internal and external situation, so as to be prepared for the challenge of developing a sound business model.
E. is primarily the responsibility of top executives and the board of directors; very few managers below this level are involved.
Answers
The strategy-making, strategy-executing process embraces the tasks of developing a strategic vision, setting objectives, crafting a strategy, implementing and executing the strategy, and then monitoring developments and initiating corrective adjustments in light of experience, changing conditions, and new opportunities. (Answer C)
This process involves the comprehensive set of activities and decisions undertaken by an organization to formulate and implement its strategies. It begins with establishing a strategic vision that outlines the desired future state of the organization. Objectives are then set to guide the strategic direction. The process continues with crafting a strategy, which involves making choices on how to achieve the objectives and gain a competitive advantage. The selected strategy is implemented and executed throughout the organization.
Monitoring developments and initiating corrective adjustments are crucial to ensure that the strategy remains relevant and effective. This involves continuously evaluating the internal and external factors impacting the organization and making necessary adaptations. The responsibility for the strategy-making and execution process typically lies with top executives and the board of directors, with input and involvement from managers at various levels. It is a collaborative effort that requires alignment and coordination throughout the organization.
Overall, the strategy-making, strategy-executing process is a dynamic and ongoing endeavor that guides the organization's actions and decision-making to achieve its goals and maintain a competitive position in the market.
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What do most business people think is the primary purpose of business?
A. To fix the problems of society
B. To invest all profits back into the business
C. To protect private property
D. To generate wealth
Answers
The most business people think generating wealth is the primary purpose of business. Therefore, option D is the correct option.
What is business?Businesses are economic activities. The activity of the business is performed by the people either in order to make money or to make simply a living. The activity of the business is performed by manufacturing goods, producing services, buying, and selling.
The major purpose of business is to earn profits. However, some businesses are in social service as well, they produce goods and services for the betterment of the society and the environment. Also, corporate social responsibility, which is paid by the business to the government helps in many ways.
The majority of businesspeople believe that making wealth is the main goal of their industry. As a result, choice D is the best one.
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Bonnie claims single with 2 federal withholding allowances, and contributes state tax of 20% of her federal tax. Below is a copy of Bonnie's biweekly statement of earnings. Bonnie knows that her gross earnings and federal tax are correct, but she thinks that her net pay is not correct. Using the fact that Social Security is 6.2% and Medicare is 1.45% of gross pay, explain why the given net pay is not correct. Determine how the error can be corrected, and what the net pay should be.
Answers
Answer:
The given net pay is not correct because Medicare is not 1.45% of her gross pay. The Medicare should be $11.02, making the correct net pay $641.86.
Answer:
The amount of Medicare tax has been calculated incorrectly. The Medicare tax should be $11.02, not $110.20. The actual net pay should be $641.86.
Explanation:
From Ed. :)
⚠︎IF SOMEONE SHARES A LINK DO NOT GO TO IT! IT WILL DOWNLOAD A VIRUS!⚠︎
ok have a good day ❀
Answers
Answer:
tank us.
Explanation:
3. A fine-dining restaurant has been making every- thing from scratch for the five years it has been open; it is the only operation in the area known for scratch- cooking. The management hires a new chef who does a make–buy analysis only to discover that she can get much better pricing on many of her products if she buys them premade. After a tasting comparison, she discovers that the premade products are of high quality and taste only slightly different from her own. Should she switch to the premade products? Would your answer be different if this decision took place when the restaurant first opened?
Answers
Answer:
No
Explanation:
The premade products could have been contaminated with any type of disease because she doesn't know what went inside whereas making it from scratch means she is able to monitor and remove and contaminated product.
:)
1. which of the seven principles of scm do you feel will be the most critical to the success of supply chains in the future?
Answers
All seven principles of SCM are important, supply chain visibility will be critical to the success of supply chains in the future. As businesses face increasing pressure to meet customer demands while managing costs and risks, having a real-time view of the entire supply chain will be essential in achieving success.
Supply chain management (SCM) has become increasingly important in today's global economy, where businesses need to effectively manage their supply chains to remain competitive. The seven principles of SCM, including customer focus, continuous improvement, and supply chain visibility, are crucial in achieving success in supply chains.
Of these principles, I believe that supply chain visibility will be the most critical to the success of supply chains in the future. Supply chain visibility involves having a real-time view of the entire supply chain, from the sourcing of raw materials to the delivery of finished products to customers. This principle is becoming increasingly important as supply chains become more complex and global.
With supply chain visibility, businesses can identify potential disruptions, mitigate risks, and make informed decisions that improve efficiency and reduce costs. In addition, supply chain visibility enables businesses to enhance their customer service by providing accurate and timely information about product availability and delivery times.
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Legal Application
13. Juan was vacationing at a Mexican resort when he lost a valuable necklace. He put a notice in
the local newspaper that promised a $500 reward for finding and returning the necklace.
Because Juan had to leave the resort two days later, he included his home address and phone
number. Two months later, Mia found his necklace and contacted him. Juan told her he would
give her only $300 for returning
the necklace since he had to wait so long for it. Can Juan
revoke his $500 offer for this reason? Explain your answer.
need help with this one
Answers
Juan cannot revoke his offer of $ 500 for this reason because in his ad he did not establish a time limit on finding and returning the necklace.
Juan established an offer for whoever finds his necklace with specific conditions and a retribution value of $ 500. Once a person reads the ad and looks for the necklace and finds it, it can be inferred that he accepted the agreement, so Juan cannot change his offer from $ 500 to $ 300.
If Juan had the intention of lowering the amount of compensation money for whoever found his necklace after a while, he must have expressed this in the advertisement that he published. Therefore, Juan must pay $ 500 for his necklace.
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you receive a confusing request from the marketing department to develop a new billing system. what is the first step you should take?
Answers
The first step you should take when receiving a confusing request from the marketing department to develop a new billing system is to seek clarification and gather more information about the requirements and objectives of the project.
When faced with a confusing request, it is crucial to ensure a clear understanding of what is being asked. Schedule a meeting or conversation with the marketing department to discuss their expectations, goals, and specific needs regarding the new billing system. This step allows you to gather more information, clarify any ambiguities, and gain insights into the desired functionalities, user requirements, and project scope. It also provides an opportunity to identify any constraints, timelines, or dependencies associated with the project. Effective communication and gathering detailed requirements at the outset contribute to a successful and aligned development process.
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If real GDP for a country increased from $10 trillion to $10.5 trillion from year 1 to year 2, and the population in the country increased from 200 million to 215 million from year 1 to year 2, then, for this country:
Answers
For this country, the per capita for this country decreased.
What is per capita GDP?
Per capita GDP is the total real GDP of a country divided by total population. Per capita GDP is used to determine the standard of living of an economy. The higher the per capita GDP, the better the standard of living of citizens of the country.
Per capita GDP = real GDP / Population
Per capita GDP in year 1 = $10 trillion / 200 million = 0.05 trillion
Per capita GDP in year 2 = $10.5 / 215 million = 0.049 trillion
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Online Content: Site 1
What "extras" can you include in a nontraditional resume that would not be included in a traditional résumé?
Answers
Visuals, Testimonials, Portfolio, Interests, Social Media Profiles and Volunteer Work can be included in a nontraditional resume
There are now more professionals offering these creative resumes, which depart from the standard format by including graphics, images, buttons, and multimedia components like flash or video. At first appearance, the alternative can seem to draw in more recruiters, but it is not the best option for everyone. Information on how to obtain professional data should be provided to everyone, including those who choose to select a non-traditional approach. These creative resumes, which deviate from the conventional style by integrating graphics, photographs, buttons, and multimedia elements like flash or video, are increasingly more frequently offered by professionals. The alternative may first appear to attract more recruiters, but it is not always the greatest choice. Everyone, including those who choose for a non-traditional method, should be given information on how to collect professional data.
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purchased grooming equipment for $12,700
Answers
Answer:
who spends that much-
Explanation:
okay good job on the server Andrew and it they said
Annual production and sales level of Product A1 is 8,480 units, and the annual production and sales level of Product B2 is 22,310 units. What is the approximate overhead cost per unit of Product A1 under activity-based costing
Answers
The approximate overhead cost per unit of Product A1, the closest option is d. $4.00.
To calculate the approximate overhead cost per unit of Product A1 under activity-based costing, we need to allocate the budgeted costs of the activity cost pools to each product based on their respective budgeted activities.
Activity 1 allocation rate
= Budgeted Cost of Activity 1 / Budgeted Activity of Product A1
= $48,000 / 1,200
= $40 per unit of Product A1
Activity 2 allocation rate
= Budgeted Cost of Activity 2 / Budgeted Activity of Product A1
= $63,000 / 2,240
≈ $28.13 per unit of Product A1
Activity 3 Allocation rate
= Budgeted Cost of Activity 3 / Budgeted Activity of Product A1
= $80,000 / 7,200
= $11.11 per unit of Product A1
Activity 1 cost allocated to Product A1 = Activity 1 allocation rate * Actual Activity of Product A1
= $40 * 8,480
= $339,200
Activity 2 cost allocated to Product A1 = Activity 2 allocation rate * Actual Activity of Product A1
= $28.13 * 8,480
= $238,758.40
Activity 3 cost allocated to Product A1 = Activity 3 allocation rate * Actual Activity of Product A1
= $11.11 * 8,480
= $94,190.40
Total allocated overhead cost for Product A1 = Activity 1 cost + Activity 2 cost + Activity 3 cost
= $339,200 + $238,758.40 + $94,190.40
= $672,148.80
Approximate overhead cost per unit of Product A1 = Total allocated overhead cost / Number of units of Product A1
= $672,148.80 / 8,480
≈ $79.26 per unit of Product A1
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The complete question is:
A company has two products: A1 and B2. It uses activity-based costing and has prepared the following analysis showing budgeted cost and activity for each of its three activity cost pools:
Budgeted Cost Budgeted Activity - Product A1 Budgeted Activity-Product B2
Activity 1 $48,000 1,200 4,800
Activity 2 $63,000 2,240 4,760
Activity 3 $80,000 7,200 800
The annual production and sales level of Product A1 is 8,480 units, and the annual production and sales level of Product B2 is 22,310 units.
What is the approximate overhead cost per unit of Product A1 under activity-based costing?
a. $12.00
b. $9.00
c. $10.00
d. $4.00
PLS HELP
In order to search the Internet, you need to use software referred to as a(n)
A) computer connector
B) Internet browser
C) TCP
D) network browser
Answers
B) internet browser
OR
D)network browser
I think b? maybe?
what do you prefer local fundraising or global fundraising and why? (just one reason)
Answers
Answer:
Doing local fundraising for a large organization can sometimes seem complicated and unwieldy. Whether you are running a local affiliate of a large national organization, or are responsible for raising funds in a single neighborhood for a small, city-wide charitable group, raising local money for larger groups presents a unique challenge. I prefer local fundraising
global fundraising
Explanation:
because you can help people without water and electricy