19 Merone Company allocates materials handing cost to the company's two products using the below dataModularPrefabHomesBaresTotal expected units producedTotal expected material movesExpected direct labor-hours per unit5,5008,500550150750250The total materials handing cost for the year is expected to be $250000the materials handling cost is allocated on the basis of direct labor hours the total materials handing cost allocated to the prefab barns is closest to (Round your intermediate calculetions to 2 decimal placesMultiple ChoiceO 150.000 00$736601S13352300Se5.000 00

$196,427 Given Total material handling cost =$250,000 apart of the above cost between Merone…

Answered: Red units produced ted aterial oves…

Business

Accounting

Red units produced ted aterial oves rect labor-hours per d su

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.

Question

Merone Company allocates materials handing cost to the company's two products using the below data
Modular
Prefab
Homes
Bares
Total expected units produced
Total expected material moves
Expected direct labor-hours per unit
5,500
8,500
550
150
750
250
The total materials handing cost for the year is expected to be $250000
the materials handling cost is allocated on the basis of direct labor hours the total materials handing cost allocated to the prefab barns is closest to (Round your intermediate calculetions to 2 decimal places
Multiple Choice
O 150.000 00
$736601
S13352300
Se5.000 00

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