Business, 16.02.2021 03:40 hannah9892

Hochberg Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost PoolTotal Activity Fabrication50,000machine-hours Order processing625orders OtherNot applicable The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs. The company has provided the following data concerning its costs: Wages and salaries$461,000 Depreciation 123,000 Occupancy 207,000 Total$791,000 The distribution of resource consumption across activity cost pools is given below: Activity Cost Pools FabricatingOrder ProcessingOtherTotal Wages and salaries15%65%20%100% Depreciation15%40%45%100% Occupancy20%75%5%100% The activity rate for the Fabrication activity cost pool is closest to:

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 06:30

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

Answers: 1

Answer

Business, 22.06.2019 11:20

In 2000, campbell soup company launched an ad campaign that showed prepubescent boys offering soup to prepubescent girls. the girls declined because they were concerned about their calorie intake. the boys explained that “lots of campbell’s soups are low in calories,” which made them ok for the girls to eat. the ads were pulled after parents expressed concern. why were parents worried? i

Answers: 2

Answer

Business, 22.06.2019 20:00

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396

Answers: 3

Answer

Business, 22.06.2019 20:40

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share

Answers: 3

Answer

You know the right answer?

Hochberg Corporation uses an activity-based costing system with the following three activity cost po...

Questions