Hunter Corporation uses activity-based costing to determine product costs for external financial reports. At the beginning of the year, management made the following estimates of cost and activity in the company's five activity cost pools:
(a) Compute the activity rate (i.e., predetermined overhead rate) for each of the activity cost pools.

Answers

Answer 1

The Labor Related activity rate is $7.5 per direct labor hours

The Production orders activity rate is $ 90 per order

The Material Receipts is $120 per receipts

The calculation is in tabular form so it is attached with this answer

What is activity rate ?

An activity ratio is a type of financial metric that indicates how efficiently a company is leveraging the assets on its balance sheet, to generate revenues and cash.

management and accounting departments. In other phrases, they're responsible for managing the overall economic front of the enterprise. read extra can use numerous interest ratios to gauge their performance. The maximum popular ratios are stock turnover and general assets turnover.

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Hunter Corporation Uses Activity-based Costing To Determine Product Costs For External Financial Reports.

Related Questions

Which industry is the second-largest employer of teens
and young people?
What percentage of employed teens are employed by
the government?​

I got it
is retail trade
and 7%

Answers

Answer:

I. Retail industry

ii. 7%

Explanation:

Retail industry is the second largest employers of teen and young people next to health sector which is the largest employer.

Retailing involves buying goods either from the producers or wholesaler and selling them to the final consumers. Some services are also offered in these retailing such as call center representative, those who work in innovation lab. etc

In the United States, about 7% of teens and young people are in the employment of government , while retail industry is the largest employer of teen and young people because it provides flexibility and also do not involve much academic qualifications.

Example of these retail jobs are those who work in call center, sales representatives and those who works in stores.

Answer:

Retail Trade

7%

Explanation:

Edge 2020

The City of Mayville had total fund balance in its General Fund of $200,000 on December 31, 2019. The City of Maysville's General Fund balance sheet for its December 31, 2019 year end shows inventory of $28,000 and prepaid rent of $10,000. The City also had $60,000 of outstanding encumbrances in its General Fund at year-end. In December 2019, a grantor provided the City with $42,000 that must be used to pay musicians who perform in the City's series of summer concerts in the park during 2020. How much should the city report as nonspendable fund balance in its General Fund on December 31, 2019?

Answers

Answer:

$38,000

Explanation:

Based on the information given we were told that the City General Fund balance sheet for the month of December 31, 2019 shows that inventory had the amount of $28,000 while prepaid rent has the amount of $10,000 which means that the amount of money that city will report as NOSPENDABLE fund balance in their general fund on December 31,2019 will be $38,000 calculated as ($28,000+$10,000).

The customers, employees, management, and anybody else involved are called _____.


place
promotion
people
process

Answers

Answer:

People

Explanation:

People

Hope this helps

why it is important to prepare a bank reconciliation statement at the end of each month​

Answers

Explanation:

The purpose of preparing a Bank Reconciliation Statement is to detect any discrepancies between the accounting records of the entity and the bank besides those due to normal timing differences. Such discrepancies might exist due to an error on the part of the company or the bank.

An important difference between the situation faced by a profit-maximizing competitive price-searcher firm in the short run and the situation faced by that same firm in the long run is that in the short run,.

Answers

The short-run scenario of a profit-maximizing competitive price-searcher business differs significantly from the long-run situation of the same firm in that price may surpass marginal revenue in the short run, but the price will equal marginal revenue in the long run.

What exactly is profit maximization?

Profit maximization is the process through which a company determines the pricing, input, and production levels that will result in the maximum feasible overall profit in the short or long run (or just profit in the short). In neoclassical economics, which is now the dominant approach to microeconomics, the company is supposed to be a "rational agent" (whether functioning in a perfectly competitive market or not) seeking to maximize total profit, which is the difference between total revenue and total cost.

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Which of the following are signs of a person being in credit distress?
A. Writing a check to make debt repayment
B. Making all debt repayments in full
C. Only making minimum payments on credit cards each month
D. Paying-off an automobile loan 12 months early

Answers

I think the answer is C

Only making minimum payments on credit cards each month.

What's a distressed borrower?

A distressed borrower is a borrower who is unable to completely repay their debt on time, due to economic difficulties. A distressed borrower can be both someone or an enterprise whose profits fall because of unexpected circumstances.

What takes place in monetary distress?

Monetary misery is a condition wherein an agency or man or woman can not generate sufficient revenues or profits, making it unable to fulfill or pay its monetary obligations. That is generally because of high fixed costs, a big diploma of illiquid property, or sales sensitive to financial downturns.

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5. Regular Dividends. The balance sheet for Levy Corp. is shown here in market value terms. There are 12,000 shares of stock outstanding. The company has declared a dividend of $1.90 per share. The stock goes ex dividend tomorrow. Ignoring any tax effects, what is the stock selling for today? What will it sell for tomorrow? What will the balance sheet look like after the dividends are paid? 6. Share Repurchase. In the previous problem, suppose Levy has announced it is going to repurchase $22,800 worth of stock. What effect will this transaction have on the equity of the firm? How many shares will be outstanding? What will the price per share be after the repurchase? Ignoring tax effects, show how the share repurchase is effectively the same as a cash dividend.

Answers

To determine the stock price today, we need to subtract the dividend per share from the current market value per share. Since the dividend is $1.90 per share and there are 12,000 shares outstanding, the total dividend payment is 12,000 shares * $1.90 = $22,800.

The stock price today would be the market value per share minus the dividend, so the stock price today is $22,800 / 12,000 shares = $1.90 per share.

Since the stock goes ex-dividend tomorrow, the stock price tomorrow would not include the dividend payment. Therefore, the stock price tomorrow would be equal to the market value per share today, which is $1.90 per share.

After the dividends are paid, the balance sheet will show a decrease in the equity account and an increase in the cash account. The total equity would decrease by the total dividend payment of $22,800.


6. A share repurchase reduces the number of outstanding shares. In this case, Levy Corp. plans to repurchase $22,800 worth of stock. If we divide the repurchase amount by the current stock price of $1.90 per share, we get $22,800 / $1.90 = 12,000 shares.

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roberta is married and filing a joint return with her husband steve. their combined taxable income is $80,997. how much do they owe in taxes?

Answers

The amount they owe in tax is $9,719.64.

The filing status determines the extent of tax payable by a tax-payer.

Here, the filing status of Roberta is married.Combined taxable income is $80,997.

In 2021, the tax rate for the married filing jointly is 12% whose income falls between $19,901 to $81,050.

Tax payable = Tax rate * Taxable income

Tax payable = 12% * $80,997

Tax payable = $9,719.64

In conclusion, the amount they owe in tax is $9,719.64

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On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720.

Answers

Complete Question:

On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720

Journalize the first interest payment and the amortization of the related bond discount using the Straight line method

Answer:

Kindly check Explanation

Explanation:

Given the following :

Face value of bond issued = $1,450,000

Cash received on Issuance = $1,408,720

Number of Interest payment on bond = 5 × 2 = 10(semiannual)

Therefore, discount on bond :

$(1,450,000 - 1,408,720) = $41,280

Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)

Discount / period

$41,280 / 10 = $4,128

Interest expense a/c Dr $40,378

To discount on bond payable a/c Cr $4128

To cash a/c $36,250

what are the two ways that a company can obtain new products?

Answers

A company can obtain new products in two ways: through internal development or through external acquisition.

Internal development involves the company's own research and development (R&D) efforts to create new products or improve existing ones. The company may have a dedicated R&D team that focuses on new product development, or it may encourage innovation across all departments.

External acquisition involves acquiring new products from outside sources. This may involve licensing technology or intellectual property from another company or acquiring an existing company with a product that fits the company's strategic goals.

This approach allows the company to quickly acquire new products without investing in R&D, but may involve a significant financial investment and the need to integrate the new product into the company's operations.

Both approaches have their advantages and disadvantages, and the best approach depends on the company's resources, capabilities, and strategic goals.

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Fox Scully received an e-mail promoting a new financial services institution that offers surprisingly low mortgage rates. The e-mail asked customers to provide their address, date of birth, Social Security number, and current mortgage information in order to receive a free loan quote. Suspicious of the offer, Fox researched the company and discovered that the e-mail was fraudulent. This is an example of _____________.

Answers

FAnswer:

phishing

Explanation:

From the question we are informed about Fox Scully who received an e-mail promoting a new financial services institution that offers surprisingly low mortgage rates. The e-mail asked customers to provide their address, date of birth, Social Security number, and current mortgage information in order to receive a free loan quote. Suspicious of the offer, Fox researched the company and discovered that the e-mail was fraudulent. This is an example of phishing.

Phishing can be regarded as a kind of social engineering attack which is used by attackers in stealing user data as well as login credentials and credit card numbers. It usually takes place

as a result of the attacker, masquerading him/her self as a trusted entity, then later dupes a victim so the victim can open an email or particular instant message even text message.

Company Z understands that their business is at risk. How can they use step two in the
Decision Making Process to reach their end goal of increasing sales and customer satisfaction?

Answers

Company Z can use step two in the decision-making process to achieve its ultimate goal of increasing sales and customer satisfaction by gathering the relevant information about a decision.

Step two of the decision-making process corresponds to gathering relevant information after the decision has been identified. At this stage, internal and external work is necessary, analyzing the errors and successes related to a past decision.

Therefore, it is necessary for company Z to seek information from different sources, such as the results of previous decisions, studies, market research and consultancy, to ensure greater chances of a decision being effective.

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PLEASE ANSWER I REALLY NEED HELP ASAP I'LL GIVE YOU EXTRA POINTS IF YOU GIVE ME A REALLY GOOD ANSWER


21. Why were so many people in Germany disenchanted with the results of World War I, once the war ended?

Answers

In the west, the im-pending collapse of the Ger-man Army pro-mpted Germany to seek an armistice.

The Allied delegation, led by Supreme Allied Com-mander Mar-shal Fer-dinand  largely ignored US President Woo-drow Wil-son's Fourteen Points for Peace and left no room for compromise.

After the First World War, Germany was forced to accept territorial losses. Germany was forced to pay reparations for all of the devastation it caused in Bel-gium, France, and the United Kingdom. Ger-many's military force was reduced to 100,000 soldiers. As a result, Ger-many was humiliated by the Treaty of Versailles. The German government bears the lion's share of the blame.

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Ben is a double major pursuing degrees in both Finance and Marketing. He is interested in obtaining a position as a personal financial advisor after graduation and is interning with a global financial services company. During his internship, he observes that the most successful advisors wear white shirts, dress very conservatively, and read The Wall Street Journal to stay up to date with the latest business and world news. Ben starts to read The Wall Street Journal too and modifies his dress and grooming style to be more like the representatives he admires. Ben is influenced by _______.

Answers

Answer:

A reference group

Explanation:

explain in your own words what is check

Answers

In the finance industry, a check is a device that instruct a bank to transfer funds from the payor’s account to the person's account.

What is a check?

It refers to a written, dated and signed instrument that is used to directs a bank to pay a specific sum of money to the bearer of the cheque. The person writing the check is known as the payor or drawer while the person to whom the check is written is the payee.

The common features of check include the date, the payee line, the amount of the check, the payor’s endorsement and a memo line; the types of checks include certified checks, cashier’s checks and payroll checks (paychecks).

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Select the word or phrase that accurately completes each sentence.

Pressing the Backspace key will delete the text on the .

Pressing the Delete key will delete the text on the .

Answers

Answer:

Pressing the backspace key will delete the text on the leftPressing the delete key will delete the text on the right

Explanation:

What is the first step in financial planning?
OA. Analyzing the current situation
B. Identifying goals
C. Coming up with strategies for meeting goals
D.
Assess the advantages and disadvantages of different strategies

Answers

Answer:

A. analyze the current situation!

or placing trade restrictions on other countries to shield domestic industries from
competition, takes many forms.
are taxes imposed on imported goods and services.
place limits on the amount of a good that can be imported from a particular country.
Early in the twentieth century, the United States imposed
Y agricultural
goods. While this measure protected US farmers, it caused European governments to impose
tariffs
on US products. Heavy tariffs on imports led to a drastic decline in international trade, which further weakened the
global economy and aggravated the Depression.
Today, some US workers believe the government should
protectionism to protect their industries from
foreign competition and prevent job
in the United States. This thought is shared by
some business owners as well.

Answers

Answer: protectionism, tariffs, quotas, tariffs, European,

retaliatory, increase, cheaper, losses

Explanation: Plato / Edmentum

Built-in (or automatic) stabilizers work by changing ______ so that changes in GDP are reduced.
multiple choice 1
a) government payouts and interest rates
b) taxes and government payouts
c) interest rates and investment
d) wages and prices

Answers

Built-in or automatic stabilizers work by changing taxes and government payouts so that changes in GDP are reduced. Therefore, the correct answer is option b.

When the economy is in a recession, tax revenues decline while government payouts, such as unemployment benefits, increase. This automatic adjustment stabilizes the economy by injecting money into the economy and increasing aggregate demand.

On the other hand, when the economy is booming, tax revenues increase while government payouts decrease, thereby preventing overheating of the economy. The automatic stabilizers help to counteract the impact of the business cycle and reduce the amplitude of economic fluctuations.

They are more effective than discretionary fiscal policy, which requires legislative action and time to implement. The effectiveness of automatic stabilizers depends on their size, design, and the economic conditions they are intended to address.

In conclusion, built-in stabilizers work by changing taxes and government payouts to stabilize the economy. They are an effective way of managing economic fluctuations and reducing the impact of the business cycle.

Governments should ensure that their size and design are appropriate and effective in addressing the economic conditions they are intended to address. Therefore, the correct answer is option b.

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Calculate the operational cost xyz : Installed data 7) N/. Capital r/ Rate (U) Ranning (u) اره cost electricity generation, and plant use Sactor power plant having following 300 MW capacity of plant 91000 Crove) tion cost = 12 % 6 load factor interes T and 6 cont (juelt taxation) = 60%

Answers

The operational cost of a power plant is a critical factor to consider when deciding whether to invest in the power plant or not. The operational cost of a power plant comprises of installation, running, and electricity generation costs. The following is a calculation of the operational cost of the XYZ power plant.

Maintenance cost is the cost of maintaining the power plant, and repair cost is the cost of repairing the power plant. Assuming that the running cost of the XYZ power plant is 0.25 crore per MW, then:

Running cost = (Fuel cost + Labor cost + Maintenance cost + Repair cost) * (300 * 0.6)

Electricity Generation Cost The electricity generation cost refers to the cost of generating one unit of electricity. The formula for calculating the electricity generation cost of a power plant is as follows:

Electricity generation cost = (Running cost + Interest + Depreciation + Taxation) / (Capacity of the plant * Load factor * 365 * 24)

A Total operational cost = Capital cost + (Electricity generation cost * Units generated)

Units generated = Capacity of the plant * Load factor * 365 * 24 * Power factor

Assuming that the power factor of the XYZ power plant is 0.9, then: Units generated = 300 * 0.6 * 365 * 24 * 0.9

Units generated = 1,576,640,000 units

Total operational cost = 1050 + (1.63 * 1,576,640,000)

Total operational cost = 2571.88 crore

Therefore, the operational cost of the XYZ power plant is 2571.88 crore.

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The American birth rate in 1860-1910:
a. Increased steadily.
b. Was kept high by the tendency of immigrants to have large numbers of children.
c. Declined on averaage.
d. Was kept relatively high because of the urbanization of the population.

Answers

The American birth rate in 1860-1910 declined on average. The correct answer is option c.

One major factor was the shift from an agrarian to an industrial economy. As more people moved from rural areas to urban centers to work in factories, there was less of a need for large families to provide labor on farms. In addition, as women entered the workforce and gained greater access to education, they had fewer children and had them later in life.

Another factor was the emergence of the birth control movement, which advocated for the use of contraception and family planning. This movement was led by activists such as Margaret Sanger, who believed that women should have control over their own bodies and reproductive choices. The decline in the birth rate was also influenced by changes in cultural attitudes towards sexuality and marriage. As society became more secular and less focused on traditional values, people began to delay marriage and have fewer children.

Additionally, as education and literacy rates increased, people were more likely to make informed decisions about their reproductive choices and have fewer children.

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where does McKenna grace live? Brainliest for the correct answer​

Answers

Answer:

McKenna grace lives in Texas of America.

What type of income is investment income?.

Answers

The investment income is that we get from the investment.

The investment income is the money we

receive in interest payment, capital gains, dividends or any profit we get from the investment is called as the investment income. The profit we earned from the any type of the investments is called as the investment income. Investment income is the money we get by the selling of something for more the price we paid for it initially.

Investment income is the profit earned from investments such as real estate and stock sales. Dividends from bonds also are investment income. Investment income is taxed at a different rate than earned income. The profits from the sale of gold coins or fine wine could be considered investment income.

If you have a savings account, the interest you earn on it is considered investment income.

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what is true of the liability for loss or injury caused by the wrongful acts or omissions of the members of limited liability companies (llcs)? the llc as an entity cannot be held liable, and members themselves are not personally liable. the llc as an entity cannot be held liable, but members themselves are personally liable. the llc as an entity can be held liable, and members themselves are also personally liable. the llc as an entity can be held liable, but members themselves are not personally liable.

Answers

Members of limited liability corporations who cause loss or injury by their negligent acts or omissions are personally accountable as well as the LLC as an entity for those actions.

A current obligation that a business or person has that results from a prior incident and from which they anticipate future financial gain is known as a liability. Liabilities are essentially split between debts with and without a current due date. Non-current liabilities are the outstanding debts that a company or person owes as a result of previous events from which it anticipates reaping future financial benefits over a period longer than a year. Debentures, long-term loans, deferred taxes, and other examples are some. The debts that a business or a person currently owe as a result of a previous event from which they anticipate future financial gain are referred to as current liabilities.

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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

It can be seen from the solutions given that Cain's net income is $24,000.

Here is the solution:

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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places by the sea have (cooler/warmer/wetter) summer and (drier/cooler/warmer) winters than places inland.​

Answers

Answer:

Temperature usually decreases by 1°C for every 100 metres in altitude. Distance from the sea - Oceans heat up and cool down much more slowly than land. This means that coastal locations tend to be cooler in summer and warmer in winter than places inland at the same latitude and altitude

Explanation:

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I need some help on this question thanks

I need some help on this question thanks

Answers

Answer:

75,500

Explanation:

The addition equals 150500$, and the liabilities subtract 75000$, leaving 75500$.

What are two potential rewards of being an exceptional manager?

Answers

Being a top manager may result in the opportunity to earn more money than the majority of employees, as well as fringe advantages like a spacious office or stock options.

A great manager is someone who has mastered the skill of inspiring people to reach their objectives. The responsibilities that great managers excel at completing noticeably better than poor managers include planning, organising, leading, managing, and coaching. They have the ability to inspire and lead a group of people towards a common goal. The four management functions, often known as the management process, are organising, planning, leading, and controlling. (You may find it simpler to recall them if you use the abbreviation "POLC"). The two halves of planning are deciding what goals to achieve and how to do them. The arranging of tasks, people, and other resources to carry out the activity is the definition of organising.

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What is a difficulty with using gold as money?

Answers

Answer:

Gold money lacks most of these: It's not very durable, is hard to transport, is easy to counterfeit and is a variable store of value

in which situation would a savings bond be the best investment to eam interest

Answers

You can use Socratic and it helps just so you don’t have to wait as long
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