1.25.12-Pacific Coast Hotel's laundry department uses load optimization tracking. Each washer has 25kg capacity. Today's loads averaged: Morning 22kg, Afternoon 19kg, Evening 23kg. What is the unutilized capacity percentage?
Q: Its equivalent units for conversion costs are
A: Concept of Work in Process (WIP):Work in Process (WIP) refers to partially completed units that are…
Q: Provide solution and accounting
A: Step 1: Definition of Key TermsTotal Assets: Represents everything a company owns that has economic…
Q: Manufacturing overhead is applied based on
A: Concept of Manufacturing OverheadManufacturing overhead refers to the indirect costs associated with…
Q: Jigar Industries uses a predetermined overhead rate based on direct labor cost to apply…
A: Explanation of Predetermined Overhead Rate:The predetermined overhead rate is an estimate used to…
Q: Need answer
A: Approach to Solving the QuestionTo determine the depreciation expense using the straight-line…
Q: I need help with question
A: Step 1: Definition of Net IncomeNet Income is the profit of a company after all expenses have been…
Q: Sub. General Account
A: (a) Calculation and Explanation of ROE Return on Equity (ROE) measures how efficiently a company…
Q: Sarah's Bakery produces custom cakes for special occasions. The bakery sells each cake for $35, and…
A: Step 1: Definition of Target Profit Sales VolumeThe target profit sales volume is the number of…
Q: Hello tutor please provide correct answer general accounting question
A: Step 1: Define High-Low MethodThe High-Low Method is a technique used to separate mixed costs into…
Q: Sunline Corporation's revenue increased by $40,000, and its expenses decreased by $12,500. What…
A: Step 1: Definition of Net Income EffectNet Income Effect: Changes in revenue and expenses directly…
Q: Beckett Corporation provided the following financial data: • Earnings before interest and taxes…
A: Find Total AssetsWe are given the following financial data for Beckett Corporation:Earnings Before…
Q: do not use ai solution given answer General accounting
A: Step 1: Define Equivalent Units of Production (EUP)Equivalent Units of Production (EUP) is a measure…
Q: A company has the following financial data: • Sales Revenue: $750,000 • Cost of Goods Sold: $300,000…
A: Answer: $450,000
Q: Provide answer?
A: To calculate the projected unit sales for the next month, we'll use the following formula:Projected…
Q: What is material quantity variance
A: Explanation of Standard Quantity Allowed (SQA):Standard Quantity Allowed (SQA) refers to the amount…
Q: Comute the return on total assets
A: Explanation of Sales Revenue:Sales revenue is the total amount a company earns from selling its…
Q: What is the total amount of product costs?
A: Explanation of Product Costs:Product costs include all costs incurred in the manufacturing process,…
Q: Please need help with this financial accounting question
A: Step 1: Definition of Free Cash Flow (FCF)Free Cash Flow represents the amount of cash generated by…
Q: A firm has $4 million in average inventories, $2 million in average accounts payable, a receivables…
A: Explanation of Inventory Period:The Inventory Period refers to the average number of days a company…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Over- and Under-Applied OverheadOverhead is applied to jobs using a…
Q: I need help with this solution and accounting question
A: Step 1: Definition of Gross ProfitThe Gross Profit is the difference between a company's net sales…
Q: Please provide answer general accounting
A: If variable cost ratio is 70%, then contribution margin ratio is 30%. Total sales required to…
Q: Sophia and Daniel are business partners who agree that Sophia will receive a $45,000 salary…
A: Step 1: Definition of Partnership Net Income AllocationIn a partnership, net income is distributed…
Q: Financial accounting question
A: Step 1: Define Average Collection PeriodThe Average Collection Period measures the average number of…
Q: Not need chart gpt solution please given answer general accounting question
A: Step 1: Define Cost-Volume-Profit (CVP) AnalysisCost-Volume-Profit Analysis (CVP) helps in…
Q: Compute the amount of maintenance department expense
A: Explanation of Operating Costs:Operating costs are the total expenses incurred by a department to…
Q: I want the correct answer with accounting question
A: Step 1: Definition of Capital Gain on Sale of Principal ResidenceThe capital gain on the sale of a…
Q: What is the net income?
A: Step 1: Definition of Net IncomeNet Income: Net Income is the profit a company makes after deducting…
Q: What is the economic order quantity of this financial accounting question?
A: The Economic Order Quantity (EOQ) is calculated using the EOQ formula: EOQ = √(2DS)/H where:Demand…
Q: Hello tutor please provide this question solution general accounting
A: Step 1: Definition of Days' Sales in Accounts ReceivableDays' Sales in Accounts Receivable measures…
Q: 4 POINTS
A: Let's go through the detailed step-by-step computation for the Annual After-Tax Cash Receipts based…
Q: what must have been its sales revenue?
A: Step 1: Definition of Break-Even Point and Operating LossThe break-even point is the level of sales…
Q: What is the gross profit for the year?
A: Step 1: Definition of Gross ProfitGross profit represents the difference between total revenue…
Q: I don't need ai answer general accounting question
A: Step 1: Definition of Cash BalanceThe cash balance refers to the amount of money a company has…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Predetermined Overhead RateThe Predetermined Overhead Rate is a rate used to…
Q: On January 1, Green Valley Co. issues bonds with a face value of $500,000 and an interest rate of…
A: Step 1: Definition of Interest ExpenseInterest expense is the cost a company incurs for borrowing…
Q: Please help me
A: Concept of Outstanding SharesOutstanding shares refer to the total number of shares of stock that a…
Q: No AI
A: Concept of Loan PrincipalLoan principal refers to the original amount of money borrowed or loaned…
Q: Honda Company had sales of $165,000, sales discounts of $4,200, and sales returns of $5,300. Honda…
A: Explanation of Gross Sales: Gross sales represents the total revenue generated from all sales…
Q: Financial Accounting Question please answer
A: Step 1: Definition of Cash CushionA cash cushion is the minimum amount of cash that a company…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Gross Profit RateThe Gross Profit Rate measures the percentage of revenue that…
Q: Calculate the gross margin.
A: Step 1: Definition of Gross MarginGross margin is the difference between net sales revenue and cost…
Q: Need help with this question solution general accounting
A: Step 1: Definition of Cash Conversion Cycle (CCC)The Cash Conversion Cycle (CCC) measures the time…
Q: General accounting
A: Step 1: Define Accrued Interest PayableAccrued Interest Payable is the interest expense that has…
Q: Hi expert please give me answer general accounting question
A: Step 1: Definition of Debt to Equity RatioThe Debt to Equity Ratio measures a company's financial…
Q: Please provide problem with accounting question
A: Step 1: Definition of Cash Flow from Investing ActivitiesCash Flow from Investing Activities: This…
Q: ???
A: Explanation of Return on Assets (ROA): Return on Assets is a profitability ratio that reveals how…
Q: Net sales total $803,000 Beginning andending accounts receivable are $80,000 and $74,000,…
A: Step 1: DefinitionsNet Sales refer to the total revenue a company earns from selling goods or…
Q: Foster Retail Inc. uses a perpetual inventory system and reported $610,000 of inventory at the…
A: Explanation of Perpetual Inventory System: A perpetual inventory system is an accounting method that…
Q: Need correct answer general accounting question
A: Step 1: Define Budgeted OverheadThe Budgeted Overhead is the total manufacturing overhead (variable…
??
Step by step
Solved in 2 steps
- Given the following cost and activity observations for Bounty Company’s utilities, use the high-low method to determine Bounty’s variable utilities cost per machine hour. Round to the nearest cent. Cost Machine Hours March $3,139 14,709 April 2,650 9,989 May 2,817 12,342 June 3,656 17,720 a. $0.74 b. $0.13 c. $1.43 d. $0.78Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's variable utilities cost per machine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,142 15,489 April 2,691 10,041 May 2,810 11,509 4 June 3,881 18,009 a. $0.15 b. $1.05 O c. $1.64 Od. $1.01 10:21 PM 670002 K 63°FGiven the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's variable utilities cost per machine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,141 14,509 April 2,608 9,666 May 2,883 11,779 June 3,576 17,812 Oa. s0.55 Ob. s0.12 Oc. S0.59 Od. $1.19
- Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's variable utilities cost per machine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,107 14,586 April 2,674 10,257 May 2,816 12,190 June 3,767 17,550 Oa. S1.80 Оb. so.15 Oc. S0.71 Od. S0.75 Previous Next MacBook Air8.Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's variable utilities cost per machine hour. Round your answer to the nearest cent. Cost Machine Hours March $3,106 14,562 April 2,638 10,405 May 2,893 11,850 June 3,792 18,035 a.$0.76 b.$1.81 c.$0.72 d.$0.15Solve this Accounting problem
- 13. 1 Lead Time Pockets Inc. manufactures cargo pants in the cutting and sewing process. Cargo pants are manufactured in batches of 30. The cutting time is 4 minutes per unit. The sewing time is 12 minutes per unit. It takes 20 minutes to move a batch of jeans from cutting to sewing. a. Compute the value-added, non-value-added, and total lead time of this process. Line Item Description Lead TimeValue-added lead time ?Non-value-added lead time ?Total lead time ?b. Compute the value-added ratio. Round to one decimal place.Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 82 days. This 82 days is spent as follows: Wait time Inspection time Process time Move time Queue time What is Navern's manufacturing cycle efficiency (MCE) for its elevators? Multiple Choice 41.5% 33.3% 58.5% 16 days 12 days 22 days 21 days 11 days 54.9%Given the following cost and activity observations for George Company’s utilities, use the high-low method to determine George’s variable utilities cost per machine hour. Cost Machine Hours May $16,500 105,000 June 18,000 120,000 July 16,000 100,000 August 17,500 117,000 a. $10.00 b. $0.10 c. $100.00 d. $1.00
- 46. Lorenzo corporation has provided the following data for one of its products. Process time = 3 days Queue time 4 days, Inspection time 0.7 days Move time 0.3 days Wait time 9 days The throughput time for this operation would be closest to Use the following information to answer 47 -50. Thomas Ito Manufacturing Corporation has the following information. Moving time 8 days, Inspection time 2 days, Processing time 10 days, storage time 30 days 47. The total amount of value added time would be: 48. The total amount of non-value added time would be 49. The product's cycle time would 50. The manufacturing cycle efficiency would bePatterson Company produces wafers for integrated circuits. Data for the most recent year are provided: Expected Consumption Ratios Activity Driver Wafer B Wafer A Inserting and sorting process activities: Developing test programs 47,000 0.25 1. 2$ Engineering hours 0.75 Making probe cards Development hours 2. 68,000 0.10 0.90 Test hours 0.60 3. Testing products 700,000 0.40 Number of batches Setting up batches 0.55 4. 145,000 0.45 Engineering design Number of change orders 0.20 0.80 5. 93,000 Handling wafer lots Number of moves 500,000 6. 0.40 0.60 7. 0.30 Inserting dies 1,100,000 Number of dies 0.70 Procurement process activities: Purchasing materials Number of purchase orders 600,000 0.20 0.80 8. Unloading materials Number of receiving orders 0.35 0.65 9. 61,000 10. Inspecting materials 79,000 Inspection hours 0.60 0.40 Distance moved 0.50 0.50 11. Moving materials 400,000 12. Number of invoices 0.35 0.65 Paying suppliers 35,000 $ 3,828,000 Total activity cost Unit-level (plantwide)…Answer need for this general account question
