Galley Company, a manufacturer of small kitchen appliances, had the following activites, allocated costs, and allocation bases:ActivitiesAllocated Costs Allocation Base$72,000Account inquiry (hours)Account biling (lines)Account verification (accounts)Correspondence (letters)The above activities are carried out at two of its regional offices.2,000 hours$30,00015,000 lines$16,00021,000 accounts$12,0001,600 lettersActivitiesNortheast Office Midwest Office140 hoursAccount inquiry (hours)Account billing (lines)Account verification (accounts) 1,300 accountsCorrespondence (letters)250 hours12,000 lines7,000 lines700 accounts40 letters130 lettersWhat is the cost per line for the account billing activity? (Round your answer to the nearest cent.)O A. $36.00B. $4.80C. $15.00D. $2.00

Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Galley Company, a manufacturer of small kitchen appliances, had the following activites, allocated costs, and allocation bases: Activities Allocated Costs Allocation Base Account inquiry (hours) Account biling (lines) Account verification (accounts) S72,000 $30,000 $16,000 2,000 hours 15,000 lines 21,000 accounts 1,600 ietters The above activities are carried out at two of its regional offices. Correspondence (letters) $12,000 Activities Northeast Office Midwest Office Account inquiry (hours) Account billing (lines) Account verification (accounts) 1,300 accounts Correspondence (letters) 140 hours 250 hours 7,000 lines 12,000 lines 700 accounts 40 letters 130 letters What is the cost per line for the account biling activity? (Round your answer to the nearest cent.) OA $36.00 B. $4.80 C. $15.00 D. $2.00

Galley Company, a manufacturer of small kitchen appliances, had the following activites, allocated costs, and allocation bases: Activities Allocated Costs Allocation Base Account inquiry (hours) Account biling (lines) Account verification (accounts) S72,000 $30,000 $16,000 2,000 hours 15,000 lines 21,000 accounts 1,600 ietters The above activities are carried out at two of its regional offices. Correspondence (letters) $12,000 Activities Northeast Office Midwest Office Account inquiry (hours) Account billing (lines) Account verification (accounts) 1,300 accounts Correspondence (letters) 140 hours 250 hours 7,000 lines 12,000 lines 700 accounts 40 letters 130 letters What is the cost per line for the account biling activity? (Round your answer to the nearest cent.) OA $36.00 B. $4.80 C. $15.00 D. $2.00

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Q: ew « Tips Tips 300 History BIL COO > zm W Bookmarks Profiles Tab CENGAGE MINDTAP 37,027 3 PRICE…

A: The seller's minimum willingness to sell for the second unit is $2.00.The producer surplus for the…

Q: PLS HELP ASAP ON BOTH

A: Approach to solving the question: The question is about management control systems and their role in…

Q: Milford Industries provides medical equipment to oncology and surgical units in major hospitals.…

A: To determine the indirect cost rate, we need to divide the total IDC allocation by the total direct…

Q: Total profit: $ Total costs/revenues The graph below shows the TC and TVC curves of Galbraith's…

A: Maximizing profits within a company, output is the degree of production that yields the maximum…

Q: None

A: Puget Sound DiversFlexible BudgetFor the Month Ended May 31Category Flexible Budget (390 Diving…

Q: MindTap - Cengage Learning M Fwd: USE THIS ONE- ocunnin2@ x +…

A: Table -1 shows the given components are the expenditure approach or resource- cost approach as…

Q: Quantity 0 1 2 3 4 5 6 7 8 Total Cost $60 90 109 125 140 160 184 210 240 TVC AVC AC $0 30 30.00 49…

A: A perfectly competitive market is where firms maximise their profit when the price is equal to the…

Q: Quantity of Resort Units Marginal Capacity Cost Marginal Operating Cost Peak Marginal Revenue…

A: Given: Quantity of Resort Units Marginal Capacity Cost Marginal Operating Cost Peak Marginal…

Q: 1. Specialization and productio Suppose France produces only tablets and smartphones. The resources…

A: Answers 1.Remain constant Suppose France produces only tablets and smartphones. The resources…

Q: Interest is considered a(n) A) explicit cost when the firm pays a bank to borrow money. B) implicit…

A: "Explicit costs is a out-of-the-pocket cost which is actually made by an individual/firm/business."…

Q: Total Total MarginalMarginal Revenue Cost Revenue Cost Quantity (TR) (TC) Profit (MR) (MC) 0 0 8 1 8…

A: MR is calculated as a change in total revenue by a change in quantity. MC is calculated as a change…

Q: QUESTION 18 Lululemon is a extremely successful apparel company with sales of around 8 billion,…

A: Question 18option a is right choice in detail:- Bed Bath & Beyond's decision to declare…

Q: The cost the upstream mill incurs for producing enough paper (one "unit" of paper) to make one unit…

A: A tabular representation of various costs incurred by a firm at different levels of production is a…

Q: 12. March figures for the junior sportswear department are as follows: Planned sales $86,000 $2,500…

A: In economics, the Open-To-Buy (OTB) method helps in optimizing cash flow, which ultimately affects…

Q: ar sales for a dealer in Cook County, Illinois, for the past year are shown in the following table,…

A: The cost and quantity of labor and products in the commercial center not entirely settled by buyer…

Q: INTEGRATIVE CASE After working for years as a regional manager for a retail organization, Scott…

A: S&S is a new Fast Moving Consumer Durables (FMCD) company that specialises in selling consumer…

Question

100%

Galley Company, a manufacturer of small kitchen appliances, had the following activites, allocated costs, and allocation bases:
Activities
Allocated Costs Allocation Base
$72,000
Account inquiry (hours)
Account biling (lines)
Account verification (accounts)
Correspondence (letters)
The above activities are carried out at two of its regional offices.
2,000 hours
$30,000
15,000 lines
$16,000
21,000 accounts
$12,000
1,600 letters
Activities
Northeast Office Midwest Office
140 hours
Account inquiry (hours)
Account billing (lines)
Account verification (accounts) 1,300 accounts
Correspondence (letters)
250 hours
12,000 lines
7,000 lines
700 accounts
40 letters
130 letters
What is the cost per line for the account billing activity? (Round your answer to the nearest cent.)
O A. $36.00
B. $4.80
C. $15.00
D. $2.00

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

None
PLS HELP ASAP ON BOTH
Respond to the question with a concise and accurate answer, along with a clear explanation and step-by-step solution, or risk receiving a downvote.
$ 300- 250 200 150 100 50- 04. What is the Total Fixed Cost at Q = 10? # O (a) $9 0 Q 0 2 4 6 8 10 12 14 16 18 20 O (b) $50 O (c) $90 (d) $140 O(e) $160 Type here to search TC Et I TVC TFC 30 25 20 15 10 Click Save and Submit to save and submit. Click Save All Answers to save all answers. 5 SA 0- 0 2 4 6 8 10 12 14 16 182 O Save All Answers MC AC AVC St AFC Q ? Save and Submit DEL
General Motors Corporation in their Detroit plant, makes industrial strength eight-cylinder engines that are used in their heavy duty automobiles Operations manager at Detroit plant has developed the following supply, demand, cost, and inventory data for future planning purposes. Supply Available Regular Time Demand Forecast Period Overtime Subcontract 1 40 15 10 40 2 30 15 10 55 3 30 20 10 50 20 units $100 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit $160 $200 Carrying cost per unit per month $6 Assuming the initial inventory has no holding cost in the first period and that backorders are not permitted.
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
Q6 and 7
COVID-19 Lockdown Price FreezeYou have been appointed as the Marketing Manager of Makro, Massmart CEO Mitchell Slape hasassigned you tasks and requires you to write a report that will be presented at the next Massmart Boardmeeting. You are encouraged to conduct further research on the company.Background issues1Massmart . is a South African firm that owns local brands such as Game, Makro, Builder's Warehouse,Cambridge Food and Cash & Carry stores.2Massmart announces a price freeze in all their brands for the duration of the 21-day nationwidelockdown. This will involve. suspending price adjustments that were scheduled, as part of the normalcourse of business, before the lockdown was announced. Fresh produce, which is procured daily fromfresh produce markets around the country, is the only category that is not included in this announcement.3Commenting on the decision, Massmart CEO Mitchell Slape said: “This is an unprecedented time forSouth Africa and the. world. As we all come to…