Privott, Inc., manufactures and sells two products: Product Z9 and Product N0. The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:

Estimated Expected Activity
Activity Cost Pools Activity Measures Overhead Cost Product Z9 Product N0 Total
Labor-related DLHs $ 337,018 7,700 4,300 12,000
Product testing tests 52,247 1,050 1,150 2,200
Order size MHs 477,608 5,300 5,600 10,900
$ 866,873
The activity rate for the Labor-Related activity cost pool under activity-based costing is closest to:
A. $45.43 per DLH
B. $394.03 per DLH
C. $49.76 per DLH
D. $28.08 per DLH

Answers

Answer 1

Answer:

Option D is correct

Activity rate for the Labor-Related activity cost pool= $28.08 per DLH

Explanation:

Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers.

Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.  

Activity rate per driver is calculated as:  

Activity overhead for the period / Total cost drivers for the period

Activity rate for the Labor-Related activity cost pool

= Labour related overheads/Total labour hours

=  $ 337,018 /12,000 labour hours

= $28.08 per Direct labour hour

Activity rate for the Labor-Related activity cost pool= $28.08 per DLH


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The cost of insurance to society can be divided into two categories: direct costs and indirect costs.

Direct costs include the premiums paid by policyholders, as well as administrative costs such as underwriting and claims processing.

Indirect costs include the costs associated with fraud and moral hazards, as well as the opportunity cost of resources used to provide insurance.

Ultimately, the cost of insurance to society is an important consideration when determining the best way to protect people, businesses and organizations against potential risks and losses.

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What is a market economy example?

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A classic example of a market economy is the United States, where businesses and individuals freely buy and sell goods and services without government interference.

A market economy is an economic system in which goods and services are produced and exchanged in a free market based on supply and demand.

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End of Chapter Problem Your roommate is considering purchasing cryptocurrency, as they believe it can be used in place of money. What roles would cryptocurrency need to satisfy in order to be considered and effective type of money

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Cryptocurrency need to  have a physical presence unit of account backed by a commodity store of value to be considered and effective type of money

A cryptocurrency is a newer version or remote currency that uses encryption to protect it from counterfeiting or duplicate spending. Blockchain technology, a public ledger regulated by a dispersed network of computers, is the foundation of many cryptocurrencies' decentralised networks. The fact that cryptocurrencies are often not issued only by central authority makes them potentially impervious to intervention from or manipulation by governments. Some coin maintenance schemes employ validators. A proof-of-stake model requires owners to pledge their tokens as security. In exchange, individuals receive control over the token in proportion to their investment. These token stakers typically acquire more ownership over time through network fees, newly created tokens, or other similar compensation systems.

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What are 3 ways to improve your health?

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path to better health healthy eating Your health is intimately related to what you consume, Get frequent exercise, and if you're overweight, lose weight.

Health is "a state of whole physical, mental, and social well-being and not only the absence of sickness or infirmity," according to the World Health Organization. Over time, several definitions have been employed for various objectives. While risky behaviors, like smoking or being under a lot of stress, should be reduced or avoided, healthy activities, like getting enough sleep and exercising regularly, can be promoted. Others are the result of structural factors, such as the way society is built up and how easy or difficult it is for individuals to get vital healthcare services. Some factors that affect health are brought on by human choices, such as whether or not to acquire a harmful habit. There are, additional variables than personal ones.

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Which of the following best describes the wages of a sheet metal worker in a fabrication plant?
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c. Non-manufacturing costs
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A semiconductor manufacturing plant, also known as a fab or foundry in the microelectronics sector, is a factory that produces electronics like integrated circuits. [1]For fabs to operate, numerous pricey gadgets are needed. Building a new fab is estimated to cost over $1 billion USD, with values as high as $3-4 billion not being unheard of. In its Fab15 300 mm wafer production facility in Taiwan, TSMC made an investment of $9.3 billion. [2] According to estimates from the same corporation, their upcoming fab might cost $20 billion.

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Strauch Co. has one class of common stock outstanding and no other securities that are potentially convertible into common stock. During Year 2, 100,000 shares of common stock were outstanding. In Year 3, two distributions of additional common shares occurred: On April 1, 20,000 shares of treasury stock were sold, and on July 1, a 2-for-1 stock split was issued. Net income was $410,000 in Year 3 and $350,000 in Year 2. What amounts should Strauch report as basic earnings per share in its Year 3 and Year 2 comparative income statements

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The total number of shares held by investors and corporate executives is known as the common stock outstanding of a firm. This number is significant because it is used to convert a company's total performance.

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Yaris is working on a budget breakdown for a bathroom remodel. The total project budget is $2,000. What might his subsections be

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The subsections may be Paint $300, New Tile: $1,000, Installation: $500, and Designer Fee: $200.

Renovating a structure means putting it in better shape. Without changing the original design, this entails replacing and upgrading current components to meet the necessary standards.

Any interior home renovation falls under the broad category of "home remodeling." Few people are aware that there are three different types of remodeling: full-scale, pull-and-replace, and facelift. The variety of interior modifications or replacements that each involves set it apart from the others.

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According to the Field book, in 2010, Hispanic workers made up ___ percent of the California labor force. Group of answer choices 44.9 33.5 5.3 16.3

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i am received in january you get me if you are not an employee, but were paid by a company you probably didn’t get taxes withheld if you got me, so you may have a big tax bill coming up

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We mail SSA-1099 tax forms to Social Security recipients each January. You can use it to calculate how much Social Security income to include on your tax return and report to the Internal Revenue Service by looking at the total benefits you received from us in the previous year. An IRS Form W-2, Wage and Tax Statement, outlining your pay, tips, and other compensation from the previous year, must be given to you by your employer by January 31 of every year, even if you no longer work there.

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Find a hort new piece from a reputable newpaper ource, uch a the New York Time or the Wahington Pot. Rewrite the piece in your bet attempt at yellow journalim. Think tabloid torie crazy emotional content—really puh the envelope and have ome fun. Your rewritten article hould be about the ame length a the original and hould contain all of the ame detail, jut told from a different perpective. Submit both the original article and your rewrite a well a the anwer to thee quetion. Identify three example of language ue in your rewrite that you think reflect the yellow journalim tyle. What did you do to turn the original piece from traditional journalim into yellow journalim? Be pecific about your writing proce

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Yellow journalism typically refers to sensationalistic or biassed news reports that newspapers promote as the unvarnished truth.

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Setting up the equation for the beta of our portfolio, we get: βP = 1.0 = 1/3(0) + 1/3(1.22) + 1/3(βX), Solving for the beta of Stock X, we get: βX = 0.74 The weight of each asset multiplied by the beta of each asset results in the beta of a portfolio. The portfolio must have the same beta as the market if it is equally risky. We know the beta of our portfolio is one because the market's beta is 1. Additionally, we must keep in mind that the risk-free asset has a beta of zero. Given that the asset carries no risk, it must be zero.

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CSR suggests that your firm cares concerning broader societal issues in addition to those that affect the company profitability, which will attract customers who share your viewpoints. Therefore, it makes sense to do business sustainably.

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Brand names such as Tide, Surf, Biz, and Wisk are effective names because they
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Answers

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Furthermore, to make your achievement, you really want to truly dig into what a brand name truly is.

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The annual budget resolutions required by the Congressional Budget Act of 1974 are based on recommendations from the Office of Budget Management and the __________.

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The annual budget resolutions required by the Congressional Budget Act of 1974 are based on recommendations from the Office of Budget Management and the President of the United States.

An enterprise budget is a spending plan in your enterprise based on your income and prices. It identifies your to-be-had capital, estimates your spending, and enables you are expecting sales. Finances assist you to plan your enterprise activities and may act as a yardstick for setting up financial dreams.

Finance is a plan you write down to determine how you may spend your money every month. A budget allows you to ensure you will have sufficient money each month. without a budget, you may run out of cash before your subsequent paycheck. Finance shows you: how a whole lot of cash you make. In-depth and practical finances are one of the maximum vital tools for steering your commercial enterprise.

A budget provides important records for working inside your manner, managing surprising demanding situations, and turning a profit. A proper price range will pick out to be had capital, estimate prices, and anticipate sales.

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as an investment, a person decides to buy a small house that has three rental apartments. the profits from this investment may be lower then expected if the

Answers

A person chooses to spend their wealth in a small house with three rental apartments. Once the mortgage is paid off, the return on this investment can be less than anticipated.

A mortgage is what?

A mortgage is a sort of loan used to purchase or maintain real estate, including homes, land, and other types of property. The borrower commits to making payments to the lender over time, typically in the form of a string of periodic installments divided into principal and interest. The property serves as collateral to protect the loan.

Borrowers must submit an application for a mortgage with their selected lender and verify they satisfy a number of criteria, including the minimum loan amount and down payment. An exhaustive underwriting process is used for mortgage applications.

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A good stock-based mutual fund should earn at least 10% per year over a long period of time. Consider the case of barney and lynn, who were overheard gloating (for all to hear) about how well they had done with their mutual fund investment. "we turned a $25,000 investment of money in 1982 into $100,000 in 2007. "

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An annualized return of 8% to 10% over a period of 10 years or longer is considered to be "excellent" for equity mutual funds. 4% to 5% over the long term would be a good return for bond mutual funds.

What Is a Good Annual Return for a Mutual Fund?The answer will depend on a few key elements in order to determine what a good annual return for a mutual fund is. The kind of fund and the length of time (horizon) over which you plan to invest are two examples of these variables.For instance, a stock mutual fund is anticipated to have a decent yearly return that is significantly larger than a bond fund.The type of fund and the investment's time horizon are two variables that affect a mutual fund's "excellent" yearly return.Your comprehension of a fund's performance will improve if you are aware of the distinction between "annual return" and "annualized return".Learn the difference between "return on investment" and "return of investment," too.

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Sadiya, who owns a dance studio, consistently reminds her employees that dance lessons are a luxury for customers, so they should be both informative and fun. By making these statements, Sadiya is
Multiple Choice
telling a narrative based on true events, which emphasizes a particular value.
physically manifesting her organization’s core beliefs.
exhibiting the values and norms of the local community.
explicitly stating values and norms preferred by her organization.

Answers

Sadiya is explicitly stating values and norms preferred by her organization. A professional dancing studio will have a dance floor that has been especially designed.

A dancer's ankles and knees may experience shock while dancing on concrete, which could result in injury. A decent dance organization floor will be "sprung," or cushioned, on the bottom and will have a specific vinyl mat on top that is frequently referred to as "marley." For many, it's the availability of studio in various dance genres at any age or level. Others see it as having a welcoming environment where they can practise new skills, gain confidence, and have fun all at once. One of the most renowned dance schools in the world is the Juilliard School of Dance in New York, USA.

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If a borrower had an interest rate of 5 1/4 percent and refinanced, lowering the interest rate by 3/8 percent, what is the amount of interest after refinancing

Answers

D) The interest rate that remained after the refinancing was 4 7/8 percent.

What is the current interest rate?

Trends in current national 30-year mortgage rates On January 12, 2023, the average rate for a 30-year fixed mortgage is 6.46 percent, which is a 6 basis point decrease from this time last week. The average 30-year refinance rate for homeowners looking to refinance is 6.50 percent, down 11 basis points in the past week.

What is an example of an interest rate?

For instance, if you borrow $100 at a rate of 5%, you will have to repay the lender $105 in full. The lender will turn a profit of $5. Throughout your life, you may develop a variety of interests. The true amount you owe will be determined by the interest rate on each loan.

By borrowing, 5 1/4 = 5 2/8 = 42/8 42/8 - 3/8 = 39/8 = 4 7/8 8/8 comes from 5.

5 2/8 - 3/8 = 4 10/8 - 3/8 = 4 7/8.

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Full Question = If a borrower had an interest rate of 5 1/4 percent and refinanced, lowering the interest rate by 3/8 percent, what is the amount of interest after refinancing?

A) 4 ½ percent

B) 5 percent

C) 4 ¾ percent

D) 4 7/8 percent

If flash flooding forces a property owner out of a residence for six months, who has otherwise lived in the home for a year and half out of the last five years, is the owner still entitled to the capital gain exclusion on the sale of the property?

Answers

Equity in a property decreases as debt on the property is paid off by the owner. A real estate investment's market value may go down as well as up.

Flash flooding: what is it?

a flood brought on by a lot of rain or severe rain in a short amount of time, usually less than six hours. Flash floods are typically characterized by violent streams that tear through riverbeds, city streets, or mountain gorges following intense rainfall, destroying everything in their path.

What is an example of a flash flood?

Examples include the 1976 Big Thompson Canyon incident in Colorado, which resulted in 144 fatalities, and the 1996 incident near the Spanish Pyrenean town of Biescas, which resulted in 86 fatalities. Devastating flash floods are frequently caused by tropical cyclones' torrential rains.

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A ____ is a detailed information bulletin prepared by a chemical manufacturer or importer that provides specific information about the product

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A safety data sheet is a detailed information bulletin prepared by a chemical manufacturer or importer that provides specific information about the product.

The qualities of each chemical, the physical, health, and environmental health concerns, the protective measures, and the safety precautions for handling, storing, and transporting the chemical are all included in an SDS (formerly known as MSDS).

It offers instructions for each particular chemical about matters like Personal Protective Equipment (PPE), First Aid techniques, and Spill clean-up techniques.

Chemwatch, an online database that manages SDS for the University community, is still under contract with the University of Iowa. It is required of each PI/area manager to maintain an accurate manufacturer-specific chemical inventory in EHS Assist. As long as the PI/area manager follows through with this, Chemwatch will have access to the related SDS.

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A loss on disposal of a segment would be reported in the income statement as a(n) A)administrative expense B)other expense C)deduction from income from continuing operations D)selling expense

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A loss on the sale of a section would be deducted from income from continuing operations and shown in the income statement.

A person, business, or other organization receives income when they receive money or value in exchange for a good or service they provided, as well as when they employ capital. P60s, P45s, or paystubs should all be inspected; earnings from employment before taxes and NI, as well as any compensation received while unable to work, are all considered income. prior to taxes and social security Please examine your Self Assessment tax return if you are self-employed. Earned income and unearned income are the two types of income. You can make money by actively working, such as when you are employed or run a business. Investments, retirement benefits, and passive income are typical examples of unearned income.

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Which of the following motivators is the most basic need in Maslow's hierarchy? A. Safety B. Belonging C. Physiological D. Esteem E. Self-actualization

Answers

The most basic need in Maslow's hierarchy is Physiological needs. Option C is the correct answer.

In Maslow's hierarchy, physiological requirements are the most fundamental. For physical survival, people require certain necessities. Air, food, water, clothing, warmth, sleep, and health are a few examples.

Your body cannot operate normally if you don't meet these demands. Because you can't meet the other requirements until your physiological ones are met, they are regarded as being the most important. At this level, a person's natural will to survive serves as their motivator.

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An investor with no other positions buys 1 CDE May 65 put at 3.50. If the investor buys the stock at 63.50 and exercises the put, what is the investor's profit or loss

Answers

The investor will face a loss of $200. Due to the fact that the investor lost 2 after paying a premium of 3.50 for a gain of 1.50. Hence, option (c) can be considered as the suitable choice of answer.

How does the stock market works?

A financial instrument called a stock gives investors ownership in a firm or corporation as well as a proportionate claim to the company's assets and profits. A shareholder who holds stock as a percentage of the total outstanding shares of the company is said to own a portion of the business. By offering stock, or equity, to investors on the stock market, businesses can raise money. Owners of stock retain a claim on the company's earnings in the form of dividends, capital gains, and voting rights. To purchase and sell shares in a public market, individual and institutional investors congregate on stock exchanges. When you purchase stock on the stock market, you do not do it directly from the company; rather, you purchase it from an existing shareholder.

To solve the question :

Premium paid = 3.50

Gain = 1.50. ( As he plans to sell it for 65 when it is currently worth 63.50)

(Premium - Gain) = (3.50 - 1.50) = 2

Due to the fact that the investor lost 2 after paying a premium of 3.50 for a gain of 1.50 (2 × 100 = $200).

Hence, the investor will face a loss of $200.

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The complete question is mentioned below :

An investor with no other positions buys 1 CDE May 65 put at 3.50. If the investor buys the stock at 63.50 and exercises the put, what is the investor's profit or loss?

A) $200 profit

B) $350 profit

C) $200 loss

D) $350 loss

A firm has a cost of equity of 13%, a cost of preferred of 11%, an after-tax cost of debt of 5.2% and a tax rate of 35%. Given this, which one of the following will increase the firm's weighted average cost of capital? a. Redeeming shares of common share ob. Increasing the firm's tax rate Oc. Increasing the firm's beta

Answers

Increasing the firm's tax rate and Increasing the firm's beta will help in increasing the firm's weighted average cost of capital.

What is WACC?

The weighted average cost of capital (WACC) is calculated by taking the weighted average of the cost of equity, cost of debt, and cost of preferred. The weights are determined by the proportion of each type of financing in the firm's capital structure.

To calculate the WACC, we first need to determine the weights for each type of financing.

Assuming that the firm's capital structure is made up of 60% equity, 10% preferred, and 30% debt, the weights would be:

Equity: 60%

Preferred: 10%

Debt: 30%

Now we can calculate the WACC using the following formula:

WACC = (Equity weight x Cost of equity) + (Preferred weight x Cost of preferred) + (Debt weight x After-tax cost of debt)

WACC = (0.60 x 13%) + (0.10 x 11%) + (0.30 x 5.2%)

WACC = 7.8%

To answer the question, we need to see which option will increase this WACC.

a. Redeeming shares of common share - This would decrease the equity weight in the capital structure, which would decrease the overall weight of the cost of equity in the WACC calculation. Therefore, redeeming shares of common shares would not increase the WACC.

b. Increasing the firm's tax rate -

This would increase the after-tax cost of debt, which would increase the overall weight of the after-tax cost of debt in the WACC calculation. Therefore, increasing the firm's tax rate would increase the WACC.

c. Increasing the firm's beta -

Beta measures a stock's volatility in relation to the market. An increase in beta would increase the perceived risk of the stock and therefore increase the cost of equity. This would increase the overall weight of the cost of equity in the WACC calculation. Therefore, increasing the firm's beta would increase the WACC.

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What is the purpose of checks and balances and the separation of powers in the US government?

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The purpose of check and balance and separation of powers in the US is to ensure that no one branch or person within the US government has excessive power, checks and balances and the separation of powers are in place.

What is the separation of powers?The concept of a system of checks and balances relates to the ways in which the various parts of government are able to restrict the separation of powers of the other branches. The separation of powers describes how the government is split into the legislative, executive, and judicial parts.The purpose of checks and balances and separation of powers in the US is to ensure that no one branch or person within the US government has excessive power, checks and balances and the separation of powers are in place.It also prohibits any one group from obtaining too much influence, which could result in misuse of authority, separation of powers, and a lack of accountability.

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FedEx developed a 12-item statistical Service Quality Indicator to measure customer satisfaction and service quality. The index is comprised of customer-defined performance standards such as number of missed pick-ups, number of lost packages, and number of late deliveries. Each of the performance standards is weighted based on the relative importance of each standard to customers. By developing a Service Quality Indicator that incorporates customer-defined performance standards, FedEx is closing provider _____ of the gaps model of service quality.

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By developing a Service Quality Indicator that incorporates customer-defined performance standards, FedEx is closing provider Gap 2 of the gaps model of service quality.

The gaps model can be referred to or considered as the one wherein the organization uses the same to develop a specific framework related to the maintenance of the consumer satisfaction at all levels in the functionality of the organization. It also ensures the maintenance of the service quality related to the different organizational processes.  

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While creating its AFI strategy framework, Valdez Consultants decided what markets the firm should compete in. By doing this, what type of strategy did the company devise

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Valdez Consultants determined what areas the company should compete in while developing its AFI strategy framework. Corporate strategy entails determining where a corporation should compete, which covers industry, markets, and location.

What takes place in the AFI framework's analytical phase?

According to the AFI strategic framework, strategic analysis mainly entails assessing how internal factors and core capabilities may affect a company's ability to establish and maintain a competitive advantage.

What constitutes the framework for AFI strategic planning's main elements?

Analyze the firm's performance, external and internal analyses, and the strategic management process. Marketing strategy, management consulting, and global strategy should be formulated. Implement governance, business ethics, strategic leadership, and organization design.

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