Business, 01.10.2019 00:20 PersonPerson13260

Taveras corporation is currently operating at 50% of its available manufacturing capacity. it uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production . . 165,000fixed manufacturing overhead cost . . . . . . . . . . . . $1,980,000variable manufacturing overhead cost per machine-hour . . $2.00required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job p90 was started, completed, and sold to the customer for $2,500. the following information was available with respect to this job: direct materials . . . . . . . . . . . . . . . . . . . . . . $1,150direct labor cost . . . . . . . . . . . . . . . . . . . . . . $830machine-hours used . . . . . . . . . . . . . . . . . . . . 72compute the total manufacturing cost assigned to job p90. 3. upon comparing job p90’s sales revenue to its total manufacturing cost, the company’s chief financial officer said "if this exact same opportunity walked through our front door tomorrow, i’d turn it down rather than making it and selling it for $2,500." a. construct an argument (supported by numerical analysis) that refutes the chief financial officer’s assertion. b. construct an argument (accompanied by numerical analysis) that supports the chief financial officer’s assertion.

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 21:10

Auniversity spent $1.8 million to install solar panels atop a parking garage. these panels will have a capacity of 400 kilowatts (kw) and have a life expectancy of 20 years. suppose that the discount rate is 20%, that electricity can be purchased at $0.10 per kilowatt-hour (kwh), and that the marginal cost of electricity production using the solar panels is zero. hint: it may be easier to think of the present value of operating the solar panels for 1 hour per year first. approximately how many hours per year will the solar panels need to operate to enable this project to break even? a. a.3,696.48 b.14,785.92 c.9,241.20 if the solar panels can operate only for 8,317 hours a year at maximum, the project (would/would not)break even?

Answers: 1

Answer

Business, 22.06.2019 11:40

Fanning company is considering the addition of a new product to its cosmetics line. the company has three distinctly different options: a skin cream, a bath oil, or a hair coloring gel. relevant information and budgeted annual income statements for each of the products follow. skin cream bath oil color gel budgeted sales in units (a) 110,000 190,000 70,000 expected sales price (b) $8 $4 $11 variable costs per unit (c) $2 $2 $7 income statements sales revenue (a × b) $880,000 $760,000 $770,000 variable costs (a × c) (220,000) (380,000) (490,000) contribution margin 660,000 380,000 280,000 fixed costs (432,000) (240,000) (76,000) net income $228,000 $140,000 $204,000 required: (a) determine the margin of safety as a percentage for each product. (b) prepare revised income statements for each product, assuming a 20 percent increase in the budgeted sales volume. (c) for each product, determine the percentage change in net income that results from the 20 percent increase in sales. (d) assuming that management is pessimistic and risk averse, which product should the company add to its cosmetics line? (e) assuming that management is optimistic and risk aggressive, which product should the company add to its cosmetics line?

Answers: 1

Answer

Business, 22.06.2019 15:40

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.

Answers: 1

Answer

Business, 22.06.2019 20:50

Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level.refer to the standard normal table for z-values.a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=

Answers: 1

Answer

You know the right answer?

Taveras corporation is currently operating at 50% of its available manufacturing capacity. it uses a...

Questions