Answered: The moving activity has an expected…

The moving activity has an expected cost of $80,000. Expected direct labor hours are 20,000, and the expected number of moves is 40,000. The best activity rate for moving is _.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter5: Activity-based Costing And Management

Section: Chapter Questions

Problem 9MCQ: Assume that the moving activity has an expected cost of 80,000. Expected direct labor hours are...

See similar textbooks

Related questions

Q: LMN Industries reported net sales of $1,750,000 for the year. The cost of goods sold was $1,365,000.…

A: Step 1: Definition of Gross Profit and Gross Profit RatioGross Profit is the profit a company makes…

Q: Need help with this question solution general accounting

A: Step 1: Definition of Cash BalanceThe Cash Balance is the amount of cash a company has at a specific…

Q: Subject: General accounting

A: Step 1: Determine the Total Accumulated DepreciationAs of December 31, 2023, the accumulated…

Q: Subject - General Account

A: Step 1: Definition of Applied OverheadApplied overhead refers to the portion of manufacturing…

Q: What is the gross margin of this financial accounting question?

A: Step 1: Introduction to income statementIncome statement is referred to as the financial statement…

Q: What is material quantity variance

A: Explanation of Standard Quantity Allowed (SQA):Standard Quantity Allowed (SQA) refers to the amount…

Q: Quick answer of this accounting

A: Step 1: Definition of Net IncomeNet Income is the company's total earnings after deducting all…

Q: Check all data carefully and provide solution for this general account questions

A: Step 1: Definition of Gross ProfitGross profit is the difference between sales revenue and the cost…

Q: General accounting

A: Step 1: Define Average Collection PeriodThe Average Collection Period (or Days' Sales in…

Q: What is the profit margin on these accounting question?

A: Step 1: Analysis of information givenNet Income = $200,000Sales = $2,000,000We need to calculate the…

Q: Provide answer

A: Step 1: Definition of Gross Profit Margin (Long Explanation)Gross Profit Margin is a key financial…

Q: I need correct answer general accounting question

A: Step 1: Define GainGain refers to the increase in the value of an investment or asset compared to…

Q: Don't use ai given answer general accounting question

A: We must compute for the discounted payback period for this question. Discounted payback period is a…

Q: I don't need ai answer general accounting question

A: Step 1: Definition of Gross Profit RateThe Gross Profit Rate measures the percentage of net sales…

Q: Answer me please

A: Step 1: Definition of Activity RateActivity Rate is the rate used to allocate costs to specific…

Q: Give me answer please general accounting question

A: I'll use the discounting method for a note discounted before maturity.Step 1: Use the Discount…

Q: Horngren's Financial & Managerial Accounting: The Managerial Chapters, 8th Edition E-M:3-19…

A: Step 1:Complete the missing amounts and labels in the T-accounts.Answer: Work-in-process…

Q: Get correct answer with accounting question

A: Step 1: Definition of Owner's CapitalOwner's capital represents the amount invested by the owner…

Q: What is the warranty liability at the end of the month?

A: Step 1: Definition of Warranty LiabilityWarranty Liability is an estimated obligation a company…

Q: Calculate the labour cost as a percentage?? General accounting

A: Step 1: Definition of Labor Cost as a percentage of Sales RevenueLabor cost as a percentage of sales…

Q: Anderson Industries has the following balances on December 31, 2021: Projected Benefit Obligation…

A: Step 1: Definition of Pension LiabilityPension liability is the obligation of a company to pay its…

Q: Help me

A: Step 1: Definition of Absorption CostingAbsorption costing, also known as full costing, is a method…

Q: hi expert please help me

A: Step 1: Definition of Total AssetsTotal assets represent the sum of all economic resources owned or…

Q: Need answer

A: Explanation of Units-of-Production Method:The Units-of-Production Method is a depreciation technique…

Q: BazukaAccounting Services recorded several financial transactions during the period. The company…

A: Step 1: DefinitionsAccounts Receivable: This represents the amount of money a company is entitled to…

Q: What were the firm's free cash flow and earning for the period? Accounting

A: Step 1: Definition of Free Cash Flow and EarningsFree Cash Flow (FCF): This represents the cash…

Q: Please solve this question general accounting

A: Step 1: Define Initial Cash FlowThe initial cash flow refers to the total cash outflow required to…

Q: managerial accounting

A: Step 1: Definition of Predetermined Overhead Rate and Applied OverheadPredetermined Overhead Rate is…

Q: What is the correct answer with accounting question

A: Step 1: Definition of Contribution Margin and Operating IncomeContribution Margin is the difference…

Q: What is the return on equity?

A: Formula for Return on Equity (ROE):ROE = Net Income / Shareholders' EquityGiven Data:Sales =…

Q: 6 marks

A: Concept of Standard Overhead Rate:The standard overhead rate is a predetermined cost rate used by…

Q: Kate Corporation owns a patent on an automated system. The company has been amortizing the patent on…

A: Explanation of Patent:A patent is a legal right granted to an individual or company for an…

Q: Net sales for the year were $3,750,000 and cost of goods sold was $2,625,000 for the company's…

A: Step 1: Definition of Gross Profit and Gross Profit RatioGross Profit is the difference between net…

Q: The Willow Mills Company mills barley into flour. The equivalent units are measured in terms of tons…

A: Concept of Equivalent Units of Production (EUP)Equivalent units of production (EUP) measure the…

Q: Kindly help me with accounting questions

A: Step 1: Definition of Total Variance for PlasticTotal variance for plastic includes both price…

Q: Total fixed costs?

A: Step 1: DefinitionHigh-Low Method is a cost estimation technique used to separate fixed and variable…

Q: General accounting question

A: Step 1: Definition of Return on Assets (ROA)Return on Assets (ROA) is a profitability ratio that…

Q: Accounting answer

A: Step 1: Definition of Sales Credit in General JournalA sales credit in the general journal…

Q: Need help with this question solution general accounting

A: Step 1: Definition of Cost of Goods Sold (COGS)Cost of Goods Sold (COGS) refers to the direct costs…

Q: Kindly help me with accounting questions

A: Step 1: Definition of Debt MarginDebt margin is the difference between the amount of debt a…

Q: Answer the financial accounting question not use ai please don't

A: Step 1: Define Cash from Financing ActivitiesCash from Financing Activities refers to cash…

Q: hello tutor provide answer General accounting question

A: Step 1: Calculation of Net IncomeNet Income = Revenues - ExpensesNet Income = $890,000 - $620,000…

Q: Foster Retail Inc. uses a perpetual inventory system and reported $610,000 of inventory at the…

A: Explanation of Perpetual Inventory System:The Perpetual Inventory System is an inventory management…

Q: Account Question answer wanted.

A: Step 1: Definition of Target Profit Sales VolumeThe target profit sales volume refers to the number…

Q: General Accounting Question

A: Step 1: Define Labor Efficiency VarianceLabor Efficiency Variance measures the difference between…

Q: Solve this Accounting Problem

A: Provided Data:Units Sold Last Year: 3,000 unitsPrice Per Unit Last Year: $50Projected Increase in…

Q: I'm waiting for answer

A: Concept of Days Sales Outstanding (DSO) The Days Sales Outstanding (DSO) is a measure used to…

Q: MCQ

A: Explanation of Stock Price Per Share: The stock price per share represents the current market value…

Q: General accounting

A: Step 1: Define Debt-to-Equity RatioThe Debt-to-Equity Ratio (D/E Ratio) measures a company's…

Q: Need answer the financial accounting question please answer do fast

A: Step 1: Define MarkupMarkup is the amount added to the cost of a product or service to determine its…

Question

The moving activity has an expected cost of $80,000. Expected direct labor hours are 20,000, and the expected number of moves is 40,000. The best activity rate for moving is _.

Expert Solution

This question has been solved!

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

SEE SOLUTION Check out a sample Q&A here

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

The best activity rage for moving?
Please answer me this accounting question
I want to answer this question
No Ai Answer
Need help
What is the cost behavior type if the total cost is $60,000 at activity level of 6,000 hours, and $80,000 at 9,000 hours? Why?
A manual assembly line is being designed for a product with annual demand = 100,000 units. The line will operate 50 wks/year, 5 shifts/wk, and 7.5 hr/shift. Work units will be attached to a continuously moving conveyor. Work content time = 42.0 min. Assume line efficiency E = 0.97, balancing efficiency Eb = 0.92, and repositioning time Tr = 6 sec. Determine: (a) hourly production rate to meet demand, (b) number of workers required.
Suppose that a company is spending 60,000 per year for inspecting, 30,000 for purchasing, and 40,000 for reworking products. A good estimate of nonvalue-added costs would be a. 70,000. b. 130,000. c. 40,000. d. 90,000. e. 100,000.
General Account Questions
Assume that a company has the following data for one of its manufacturing cells: Theoretical velocity – 40 units per hour; Productive minutes available (per year) – 1,200,000; Annual conversion costs - $4,800,000; and Actual velocity – 30 units per hour. choose the correct letter of answer Calculate the actual conversion cost per unit using actual cycle time and the standard cost per minute.a.$6b.$8c.$7d.$3 calculate the ideal conversion cost per unit using theoretical cycle time and the standard cost per minute.a.$6b.$8c.$7d.$3
An analysis of past janitorial costs indicates that the average janitorial cost is P1.50 per machine hour at an activity level of 40,000 machine hours and P1.20 per machine hour at an activity level of 50,000 machine hours. Assuming that this activity is within the relevant range, what is the total expected janitorial cost if the activity level is 45,000 machine hours?
Use the information contained below to compress one time unit per move using the leastcost method. Assume the total indirect cost for the project is $700 and there is a savingsof $50 per time unit reduced. Record the total direct, indirect, and project costs for eachduration. What is the optimum cost-time schedule for the project? What is the cost?