Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost Activity Base Procurement $317,500 Number of purchase orders Scheduling 217,400 Number of production orders Materials handling 429,500 Number of moves Product development 738,800 Number of engineering changes Production 1,506,700 Machine hours Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Changes Machine Hours Number of Units Disk drives 3,860 300 1,330 15 1,800 2,500 Tape drives 2,500 135 740 7 8,300 3,600 Wire drives 12,600 790 4,100 30 10,200 2,500 The activity rate for the procurement activity cost pool is

Answers

Answer 1

Answer:

Panamint Systems Corporation

Activity rate for the procurement activity cost pool:

= Procurement/Number of purchase orders

= $317,500/18,960

= $16.75

Explanation:

a) Data:

Activity Pools                                   Disk Drives   Tape Drives   Wire Drives

Number of Purchase Orders                3,860            2,500      12,600

Number of Production Orders                300                135           790      

Number of Moves                                  1,330               740         4,100

Number of Engineering Changes            15                     7            130

Machine Hours                                      1,800            8,300      10,200

Number of Units                                  2,500            3,600         2500

Activity rate for the procurement activity cost pool:

= Procurement/Number of purchase orders

= $317,500/18,960

= $16.75 per order

The Panamint Systems Corporation activity rate for the procurement activity cost pool is the total procurement cost divided by the number of purchase orders across the three product lines.  This produces a rate for obtaining the procurement cost for each product line of disk drives, tapes drives, and wire drives, using the activity-based costing (ABC) system.


Related Questions

role of a veterinary doctor in rearing livestock effectively

Answers

Answer:

As the world population grows and middleclass incomes rise, demand for livestock products increases—a consumption boom shaped by two decade of rapid economic growth and globalization. But there are certain high impact diseases that do not allow animal husbandry to flourish. Less dramatic diseases also impact the performance of farm animals, leading to lower production efficiencies and associated financial losses due to mortality and morbidity. Also, poor animal health in turn negatively influences animal welfare. In fact, studies have demonstrated that there is a direct correlation between the quality of livestock production and the provision of veterinary services.2 Given that food animals support the livelihoods and nourishment of almost a billion people, efforts should be directed at upholding food security.

In this regard, farm-oriented veterinary professionals should advise farmers and owners of livestock or managers of animal production systems on the most appropriate herd health management practices according to local and regional agro-ecological contexts. This extends beyond the treatment of animal illnesses or the implementation of preventive measures, such as strengthened biosecurity, programmed de-worming or vaccination, but also addresses housing, nutrition, cleaning, and environmental sanitation. The correct undertaking of latter practices will likely reduce the usage of veterinary medications and care, thereby reducing input and labor costs, which in turn positively influences farm productivity and profit margins.

The role of a veterinary doctor includes:

To diagnose animalsTo treat the diseases of animalsTo offer consultancy services to the owners of the animals, etc.

A veterinary doctor is a professional who specialises in the care and treatment of animals.

A vet is in charge of the various aspects of an animal by ensuring that they live, eat healthy and also administer treatment when the animals are sick.

They can also perform surgery on an animal in severe situations that require medical emergency. They are important in the life of animals and their owners.

Read more here:

https://brainly.com/question/14450519

A Nash equilibrium occurs when: each player receives the same final payoff. each player believes it is doing the best it can given the behavior of rivals. there is no dominant strategy for any player. payoffs are independent of the actions taken by rivals.

Answers

Answer:

Option B, “Each player believes it is doing the best it can given the behavior of rivals” , is the right answer.

Explanation:

Option B is correct because Nash equilibrium is the situation where each player is earning the highest payoff and there is no intention to change their optimum strategy. However, if any player changes their strategy then they will get the lower payoff. Therefore, in the Nash equilibrium, each player knows his best moves and also knows the behavior of their competitor.

In a producer/consumer relationship, the ________ portion of an application generates data and stores it in a shared object, and the ________ portion of an application reads data from the shared object.
A) consumer, producer
B) producer, consumer
C) outputter, inputter
D) None of the above.

Answers

C outputted,inputter

Lennox just moved from a position where he dealt with the consumer market to working as a salesperson in the B2B market. As he considers his new responsibilities, it's likely that he will

Answers

Answer:

learn that industrial buyers generally require more personal service than buyers in the consumer market.

Explanation:

The consumer market is also called business to customer (B2C). Customers in this market usually require less personal service because their transactions are less complex and low value compared to industrial customers.

The aim of businesses is to gain many small customers in order to make large profit.

However in the business to business (B2B) market, customers are few but have large transaction volume.

They need more attention because loss of a customer will result in large loss to the business.

This month, a company receives $5,000 from a regular customer, of which $3,000 is for products delivered last month and $2,000 is for products that will be delivered next month. How much revenue should the company record for this month?

Answers

Answer:

The company should recognize $2,000 in revenue.

Explanation:

The accrual principle in accounting states that revenues should match expenses. While the company received $5,000 in cash from the customer, in the current month, it will only have delivered $3,000 in products. In other words, it will only have incurred in the expenses necessary to deliver those $3,000.

For that reason, for the current month, the company will only recognize $3,000 in revenue, while the following month, it will recognize the remaining $2,000.

The company should record revenue of $2,000 for this month.

The $3,000 received is for the last month, which means that the revenue for this transaction was recorded last month with an increase in accounts receivable. Therefore, this month the accounts receivable will be decreased with an increase in cash.

However, in the case of $2,000 the transaction is being made for future sales. The transaction would be recorded as an increase in revenue (sales) and an increase in cash.

Hence, only $2,000 will be recorded as revenue for this month.

Learn more on revenue recording here: https://brainly.com/question/5010039

Blackstone Technology is planning to invest in some project using external equity. The company has a beta of 1.1. The return on the market is expected to be 14% while the risk free rate is expected to be 3%. If flotation costs are 4%, then what is the cost of equity

Answers

Answer:

Cost of equity = 19.1 %

Explanation:

Cost of equity = required rate of return + flotation cost

The Capital assets pricing model would be used to determined  the required rate of return

The capital asset pricing model (CAPM): relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c  

Using the CAPM , the required rate of return is given as follows:  

E(r)= Rf +β(Rm-Rf)  

E(r) - required return

β- Beta

Rm- Return on market

Rf- Risk-free rate

DATA

E(r) =? , Rf- 3%, Rm-14% , β- 1.1, flotation cost - 4%

E(r) = 3% + 1.1× (14% - 3%) = 15.1 %

Cost of equity = required rate of return + flotation cost

                        = 15.1 % + 4% = 19.1 %

Cost of equity = 19.1 %

Which of the following real estate investments were involves purchasing real estate and charging a monthly fee for use of your space

Answers

Answer:

when you flip you buy at a low price, fix it up then sell at a higher price for profit. usually in less than 6 months.

Cajun Cookin' sits on a large landscaped lot. Brian and Sondra have a contract with Lovely Landscapes to mow the lawn and take care of the landscape. They pay $200 per month for this service. After two weeks had gone by with no service, Brian called the company only to find out that the owner and the crew had decided to take a vacation and would not be back to do the landscaping for another two weeks. Lovely Landscapes:

Answers

Options:

A.) has discharged its obligation to Brian.

B.) is liable for specific performance.

C.) will likely have to pay Brian damages if Brian decides to sue them.

D.) will not likely have to pay Brian damages if Brian decides to sue them.

Answer: C.) will likely have to pay Brian damages if Brian decides to sue them.

Explanation: According to the information presented in the scenario above, Lovely Landscapes are contracted to Brian and Soria and as such responsible for mowing the lawn of Brian's landscape. Lovely landscape's failure to show up or contact Brian and Soria explaining why they won't be able to fulfil their contract terms could be attached to a breach of contract which could involve Lovely Landscapes paying Brian and Soria damages for their no-show if Brian intends to pursue a case or sue Lovely landscapes.

After nearly 20 years with his company, Mike's job was outsourced. He wants his new job to offer not only a good wage but also job satisfaction and a sense of accomplishment. He is focused on the:

Answers

Answer:

intrinsic rewards

Explanation:

In this scenario, it seems that Mike is focused on the intrinsic rewards of his job. These are rewards that come from within the employee themselves. For example, an employee who is motivated is working for his/her own satisfaction and finds meaning in their challenging work, which in term is the intrinsic reward. In this case, the job satisfaction and sense of accomplishment are the intrinsic rewards that Mike wants from his job.

If the price elasticity of demand for U.S. automobiles is higher in Europe than it is in the United States, and transport costs are zero, a price-discriminating monopolist would charge:__________.
a. a less profitable price for autos in the United States than in Europe.
b. a lower price for autos in the United States than in Europe.
c. the same price for autos in the United States as in Europe.
d. a higher price for autos in the United States than in Europe.

Answers

Answer:

d. a higher price for autos in the United States than in Europe.

Explanation:

As it is mentioned that the price elasticity of demand in more in Europe as compared with the United States that represents a slight increase in price would decline the immense demand in Europe

Plus the elasticity in the united states is not high that reflects that change in price have a less impact on quantity demanded

Therefore the option d is correct

Network design decisions have a significant impact on performance because they determine the supply chain configuration and set constraints within which inventory, transportation, and information can be used to either decrease supply chain cost or increase responsiveness. True or False

Answers

Answer:

true

Explanation:

The ________ stage of the new-product process assesses the total "business fit" of the proposed new product with the company's mission and objectives, from whether the product can be economically developed and manufactured to the marketing strategy needed to have it succeed in the marketpla

Answers

Answer:

Business analysis

Explanation:

The business analysis refers to the analysis of the business i.e whether the product is profitable or not it contains the attributes that the company want and the consumer wants. It should be done with the help of marketing strategy and research by their taste and preference. Is this product fits with the company mission and objectives or not

So the given situation represents the business analysis stage

In two to three sentences, explain how you will address
each area of competition to help make your business
successful against this competitor.
To begin your plan, you will need to know about your
competition and decide how you will attempt to compete.
Your competitor is called Create Your Own Yogurt, and it
uses artificial flavors that customers use to create their
own yogurt
In the lesson, you learned about three techniques
businesses can use to compete with one another.

Answers

Explanation:

1. Since my competitor– 'Create your own yogurt' uses artificial flavors, I need to determine what those flavors are, and why they may be better than mine.

2. After noting the recipe used by my competitors, I will improve my own recipe using natural flavors which are medically advisable, while improving on branding and marketing efforts.

3. Price is usually going to be my greatest advantage over my competitor, followed by quality, and so I will consider a reduction in my yogurt prices, while striving at maintaining superior quality.

Answer:

sample response:  First, I will focus on lowering prices. I will do this by making sure my costs to run the business are low, and I will start by running the shop myself. I will create a better product by using healthier, better ingredients to attract more customers. Finally, I will be innovative by offering ingredients that aren't sold anywhere else.

Explanation:

Discount-Mart issues $10 million in bonds on January 1, 2018. The bonds have a ten-year term and pay interest semiannually on June 30 and December 31 each year. Below is a partial bond amortization schedule for the bonds: Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 1/1/2018 $8,640,967 6/30/2018 $300,000 $345,639 $45,639 8,686,606 12/31/2018 300,000 347,464 47,464 8,734,070 6/30/2019 300,000 349,363 49,363 8,783,433 12/31/2019 300,000 351,337 51,337 8,834,770 What is the stated annual rate of interest on the bonds

Answers

Answer:

6%

Explanation:

Given the following :

Amount of bond issued = $10,000,000

Cash paid = $300,000

Term of bond = 10years

Semiannual interest pay

The stated annual rate of interest on the bond can be calculated thus :

Rate of interest ;

Cash paid / Amount of bond issued

$300,000 / $10,000,000

= 0.03

0.03 * 100%

= 3% (semiannual interest)

Therefore, annual rate of interest :

Semiannual rate * 2

3% * 2 = 6%

NorthStar Inc. and The Royal Group have together established The Royal Star Group of hotels. NorthStar owns 49 percent and The Royal Group has a 51 percent share in The Royal Star Group of hotels. However, the management of The Royal Star Group of hotels is separate from its parent companies. What alliance type does this scenario best illustrate?

Answers

Answer: Joint venture

Explanation:

From the question, we are informed that the NorthStar Inc. and The Royal Group have together established The Royal Star Group of hotels and that the NorthStar owns 49 percent and The Royal Group has a 51 percent share in The Royal Star Group of hotels.

This is a joint venture. A joint venture is a form of business arrangement whereby the resources of two or more parties are used together in order to accomplish q particular goal.

"You deposit $12,000 today into an account that pays you 12% annual interest, compounded daily. How much MORE will you have in 40 years, than if the compounding was only computed annually (as opposed to daily)

Answers

Answer:

$340,363.55

Explanation:

you need to calculate the future value of your deposit:

future value = present value x (1 + interest rate)ⁿ

present value = $12,000interest rate = 12% / 365 = 0.032877%n = 40 x 365 = 14,600

future value = $12,000 x (1 + 0.032877%)¹⁴⁶⁰⁰ = $1,456,975.20

if the interest is compounded annually, the future value = $12,000 x 1.12⁴⁰ = $1,116,611.65

the difference = $1,456,975.20 - $1,116,611.65 = $340,363.55

Which of the following was the result in Ackerman v. Sobol Family Partnership, LLP the case in the text involving whether the plaintiffs were bound by representations of their attorney regarding settlement that they had not approved?
A- That the agreement entered into by plaintiffs' attorney would not be enforced because the plaintiffs had not signed it.
B- That the agreement would be enforced because the plaintiffs' attorney had apparent authority to enter into the agreement.
C- That the agreement entered into by plaintiffs' attorney would not be enforced because the plaintiffs had not given the attorney express authority to enter into the agreement.
D- That the agreement would be enforced because the plaintiffs' attorney had express authority to enter into the agreement.
E- That the agreement entered into by plaintiffs' attorney would not be enforced because the plaintiffs had not lead the opposing defense attorneys reasonably to believe that the plaintiffs' attorney had full and final authority to settle the litigation.

Answers

Answer:

Option B: That the agreement would be enforced because the plaintiffs' attorney had apparent authority to enter into the agreement

Explanation:

Assuming that the physical output (i.e., the actual quantity of all final goods and services) of all final goods and services remains constant, if the general price level in the economy triples, so does nominal output.
a) true
b) false

Answers

Answer:

a) true

Explanation:

A rise in the general price level is called inflation and it affects the nominal value of the company's output. E.g. you sell pants and last year they sold at $10 and now since inflation rate is 10%, they sell at $11. But inflation only affects nominal values, it doesn't affect real values which are calculated using a base price of a certain year X, times the quantity sold. Following the example, your real output would not be $11 per pair of pants, instead it would still remain at $10 since the inflation is discounted.

Compute interest and find the maturity date for the following notes. (Round answers to 0 decimal places, e.g. 825) Date of Note Principal Interest Rate (%) Terms (a) June 10 $78,110 7% 60 days (b) July 14 $46,200 8% 90 days (c) April 27 $11,700 9% 75 days

Answers

Answer:   Interest                                             Maturity Date

(a) 78110×7%×(60/360) = $911                          August 9

(b) 46200×8%×(90/360)= $924                          October 12

(c) 11700×9%×(75/360) = $219                                 July 11

Explanation:

To compute the interest we apply the following formula:

Interest= (Principal) × (Interest Rate) ×(Terms ÷360)

For the Maturity date, we add Terms to the Date of note .

By using the above formula for the given table, we get the following values

      Interest                                             Maturity Date

(a) 78110×7%×(60/360) = $911      August 9

(b) 46200×8%×(90/360)= $924     October 12

(c) 11700×9%×(75/360) = $219      July 11

A broker-dealer that is offering a new issue in a State has obtained a legal opinion from its counsel that the issue is exempt from registration in that State. After the offering is completed, the State Administrator determines that the issue should have been registered. Which statement is TRUE regarding the broker-dealer's liability in this situation

Answers

Answer:

C. The broker-dealer has civil liability since it offered the securities in contravention of State law

Explanation:

Note: This question is not complete. A complete question is therefore provided before answering the question as follows:

A broker-dealer that is offering a new issue in a State has obtained a legal opinion from its counsel that the issue is exempt from registration in that State. After the offering is completed, the State Administrator determines that the issue should have been registered. Which statement is TRUE regarding the broker-dealer's liability in this situation?

A. The broker-dealer has no liability because it can rely on the legal opinion as its defense

B. The broker-dealer has no liability because it acted in good faith in the transaction

C. The broker-dealer has civil liability since it offered the securities in contravention of State law

D. The broker-dealer has criminal liability because it has shown scienter in this transaction

The answer to the question is provided as follows:

It is not possible for a broker-dealer to avoid civil liability by relying on a legal opinion.

The reason is that the court interprets a legal opinion as just an opinion but not the law itself.

Under this circumstance, it is possible to hold both the broker-dealer and the attorney who gave the legal opinion that is incorrect civilly liable. The reason is that the offer of the securities by the broker-dealer contravenes the law of the State.

However, it should be noted that there is no criminal liability under this circumstance as the illegal action was not "scienter".

"Scienter" is a Latin word which implies "not thought out in advance" or "not intentional".

Therefore, the correct option is C. The broker-dealer has civil liability since it offered the securities in contravention of State law

A customer has purchased 5,000 shares of ABC corporation stock in lots of 100 shares over an extended period of time at varying prices. The customer now sells 500 of the shares. Which statement is TRUE

Answers

Answer:

c. IRS rules allow the taxpayer to specify which shares being sold

Explanation:

Given that

Number of shares purchased = 5,000

Number of lots for shares = 100

The Number of shares sold = 500

based on the above information,

According to the internal service revenue (IRS) the taxpayer should be permitted to specify that shares which are sold i.e 500 shares so the same is to be considered

hence, the option c is correct

A Head of Your Time is a local salon that requires all stylists to have graduated from an accepted beauty college and pass the state licensing examination prior to starting employment. Due to strict customer service requirements and potential lawsuits resulting from inadequate knowledge regarding the use and care of certain chemicals and solutions, this business can clearly justify its hiring criteria:

Answers

The question is incomplete:

A Head of Your Time is a local salon that requires all stylists to have graduated from an accepted beauty college and pass the state licensing examination prior to starting employment. Due to strict customer service requirements and potential lawsuits resulting from inadequate knowledge regarding the use and care of certain chemicals and solutions, this business can clearly justify its hiring criteria:

a. against affirmative action complaints.

b. as bona fide occupational qualifications.

c. against comparable worth charges.

d. as a tool to prevent unionization.

Answer:

as bona fide occupational qualifications

Explanation:

-Affirmative action complaints are complaints employees present when they believe that they have been discriminated at work.

-Bona fide occupational qualifications are the skills that can be taken into account by an employer when making a decision about hiring or maintaining an employee and these should be necessary for the employee to perform the job.

-Worth charges refer to establishing a price that includes the value of your work.

-Tool to prevent unionization refers to using something as a way to avoid employees to organize a labor union.

According to this, the answer is that due to strict customer service requirements and potential lawsuits resulting from inadequate knowledge regarding the use and care of certain chemicals and solutions, this business can clearly justify its hiring criteria as bona fide occupational qualifications because to be able to perform this job, stylists should have certain knowledge and skills to avoid issues when treating customers and because of that, the employers can require the candidates to have these specific qualifications for them to do a good job.

The other options are not right because this hiring criteria can't be justified with afirmative action complaints as these are complaints made by employees when they are discriminated and this is not related to an argument to justify requesting stylists to have certain qualifications. Also, worth charges and a tool to prevent unionization doesn't have a relation to justify hiring qualifications requested by this salon.

Grace Apparel Inc. has decided to procure fabrics required for its garments from external suppliers instead of maintaining its own dyeing and weaving facilities. How will this decision affect the firm

Answers

Answer:

The decision will help the Firm purchase fabrics with more flexibility and at lower prices than when they produce them

Explanation:

Deciding to stop maintaining your own facilities used for production of fabrics to be used for final production as Grace Apparel inc have done and deciding to procure fabrics/materials  required for production from external sources will provide the firm the opportunity to purchase goods at comparably lower prices. it also helps them to compare the varying prices in the market for goods and services thereby giving them an in-depth knowledge of prices

Assume that Fred and Paul sign a contract in which Fred agrees to paint Paul's house in exchange for $500. If Fred and Paul agree one week later that Paul will pay Fred's daughter, Emma, the $500 directly as a birthday gift and they notify Emma of this fact, then Emma is a. intended beneficiary. b. assignee. c. incidental beneficiary. d. a delegatee. e. a beneficiary.

Answers

Answer:

option c

Explanation:

In simple words, An incidental recipient refers to the third party benefiting from a deal with two certain parties, however it is never meant to support a third party. Accordingly, that third party has no legal protection underneath the deal in the agreement. Thus, from the above we can conclude that the correct option is C.

Tankao makes Bluetooth headphones for mobile devices. When 50 Bluetooth headphones are produced in the short run, the average variable cost is $30. Fixed costs are greater than zero. Therefore, Tankao's average _____ cost is _____. Group of answer choices

Answers

Answer: total ; greater than $30

Explanation:

Given the following :

Average variable cost = $30

Fixed cost > 0 ; therfore Average fixed cost > 0

Recall:

Average Total cost = (Average fixed cost + Average variable cost)

Average total cost = ( >0 + $30)

Average total cost = >$30

Therefore, when 50 bluetooths are produced in the short run, the average total cost is greater than $30

Susan is a new sales rep who does not yet possess a great deal of product knowledge. She is often asked questions to which she does not know the answer. By being up-front with her customers about not knowing the answers, Susan builds trust because she is perceived as:

Answers

Answer:

candid

Explanation:

By being up-front with her customers about not knowing the answers, Susan builds trust because she is perceived as candid. An individual that is candid, is known to be truthful and straightforward. These individuals are seen by others to be trustworthy since they seem to always tell the truth even if it is hard for the other individual to hear and/or even if it gets themselves into trouble, such as is the case with Susan, since by saying that she does not know much about the product she may potentially lose clients or even get fired.

M1 refers to: Group of answer choices the smallest of the money-supply definitions. currency held by the public plus checking account balances. all of these. the most narrowly defined money supply definition.

Answers

Answer:

all the options are correct

Explanation:

M1 is the money supply that includes currency, coin, demand deposits, travelers' checks, other checkable deposits, and negotiable order of withdrawal (NOW) accounts. M1 is the most liquid portions of the money supply because it contains currency and assets that either are or can be quickly converted to cash.

Resolve (7x+19)/(x+1)(x+5) into partial fraction​

Answers

Answer:

[tex]\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}[/tex]

Explanation:

The given expression is  

[tex]\dfrac{7x+19}{(x+1)(x+5)}[/tex]

We need to resolve this into partial fraction.

The form of the partial fraction decomposition is

[tex]\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{A}{x+1}+\dfrac{B}{x+5}[/tex]        ...(1)

[tex]\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{A(x+5)+B(x+1)}{(x+1)(x+5)}[/tex]

[tex]7x+19=Ax+5A+Bx+B[/tex]

[tex]7x+19=(A+B)x+(5A+B)[/tex]

On comparing both sides, we get

[tex]A+B=7[/tex]      ...(2)

[tex]5A+B=19[/tex]    ...(3)

Subtract (2) from (3), we get

[tex]4A=12[/tex]

[tex]A=3[/tex]

Put A=3 in (1).

[tex]3+B=7[/tex]

[tex]B=4[/tex]

Put A=3 and B=4 in (1).

[tex]\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}[/tex]

Therefore, [tex]\dfrac{7x+19}{(x+1)(x+5)}=\dfrac{3}{x+1}+\dfrac{4}{x+5}[/tex] .

NEED HELP ASAP! Which of the following graphs represents the housing market with rent control in place?

Answers

Answer:

The first graph represents the housing market with rent control fully in place.  In such a housing market, rent does not get out of hand before government intervention.

Explanation:

With the first graph, t the market could not reach the equilibrium point without the rent control stopping the market forces of supply and demand from exceeding a controlled price (rent).  It shows the effect of price control on the market dynamics.  With a control on the price (house rent by government), a certain price is imposed on the suppliers and consumers so that they do not go above the prescribed limit.  This is what obtains in a controlled economy.  On the other hand, in a free market, government does not intervene with control mechanisms, instead it allows the market forces to interact, enabling aggregate production and consumption of goods and services.

Bio-Lab Pharmaceuticals carried on a project to develop a new drug that dramatically shortened the recovery period for flu infection. The project cost the company $150,000 before Bio-Lab abandoned the project due to the slim possibility to gain FDA approval. Bio-Lab then spent $300,000 on another project developing a kind of shot that achieves the same goal for flu recovery, and the company is confident in gaining FDA approval for the new shot and in making profits out of the shot. What amount would be expensed

Answers

Answer:

$450,000

Explanation:

Calculation for the amount that would be expensed

Using this formula

Amount to be expensed = Project cost before the project was abandoned + Amount spent on another project

Let plug in the formula

Amount to be expensed =$150,000+$300,000

Amount to be expensed =$450,000

Therefore the amount that would be expensed will be $450,000

Other Questions
Explain the Doppler effect using light. Why is the Doppler effect important in astronomy? Assume the economy is at full employment but planned investment exceeds saving. Other things being equal, what fiscal policy actions would best address this problem? What does this say in English? I need the answer ASAP please PLZ HELPpppP! A lawn is in the shape of a trapezoid with a height of 50 feet and bases of 70 feet and 130 feet. How many bags of fertilizer must be purchased to cover the lawn if each bag covers 3000 square feet? Remember that only whole bags of fertilizer can be purchased. [tex](A=\frac{1}{2}h(B+b))[/tex] Find the measure of y. Paul is saving for a down payment to buy a house. The account earns 13% interest compound quarterly, and he wants to have $15,000 in 4 years. What must his principal be? Round your answer to the nearest cent. Do not round at any point in solving process; only round your answer. Please help ASAP!! Thank you so much! The tune-up specifications of a car call for the spark plugs to be tightened to a torque of 38Nm38Nm. You plan to tighten the plugs by pulling on the end of a 25-cm-long wrench. Because of the cramped space under the hood, you'll need to put at an angle of 120with respect to the wrench shaft. With what force must you pull? (Leadership Skills Development Class) The best way to build a strong network of people who will help you is to A. work out and make sure you look good B. focus first on how you can help others C. use your sense of humor to make friends D. try to meet as many people as you can I know the answer is either B or D but I'm not sure which one. If you know the right answer please help a sister out! Forester Company has five products in its inventory. Information about the December 31, 2021, inventory follows. Product Quantity Unit Cost Unit Replacement Cost Unit Selling Price A 1,000 $ 26 $ 28 $ 32 B 500 31 27 34 C 900 19 18 24 D 900 23 20 22 E 800 30 28 29 The cost to sell for each product consists of a 10 percent sales commission. The normal profit for each product is 35 percent of the selling price. Required: 1. Determine the carrying value of inventory at December 31, 2021, assuming the lower of cost or market (LCM) rule is applied to individual products. 2. Determine the carrying value of inventory at December 31, 2021, assuming the LCM rule is applied to the entire inventory. 3. Assuming inventory write-downs are common for Forester, record any necessary year-end adjusting entry based on the amount calculated in requirement 2. What are the three major elements that include in presentation? An article contained the following observations on degree of polymerization for paper specimens for which viscosity times concentration fell in a certain middle range:418 421 422 422 425 429 431 434 437439 446 447 449 452 457 461 465Calculate a two-sided 95% confidence interval for true average degree of polymerization. Performance Gloves, Inc. produces three sizes of sports gloves: small, medium and large.A glove pattern is first stenciled onto leather in the Pattern Department.The stenciled patterns are then sent to the Cut and Sew Department, where the glove is cut and sewed together.Performance Gloves uses tha multiple production department factory overhead rate method of allocating factory overhead costs.Its factory overhead costs were budgeted as follows:Pattern Department overhead $165,200Cut and Sew Department overhead $273,000Total $438,200The direct labor estimated for each production department was as follows:Pattern Department 2,900 direct labor hoursCut and Sew Department 3,500Total 6,300 direct labor hoursDirect labor hours are used to allocate the production department overhead to the products.The direct labor hours per unit for each product for each production department were obtained from the engineering records as follows:Production Departments Small Glove Medium Glove Large GlovePattern Department 0.04 0.05 0.06Cut and Sew Department 0.08 0.10 0.12Direct labor hours per unit 0.12 0.15 0.18If required, round all per unit answers to the nearest cent.Required:a. Determine the two production department factory overhead rates.b. Use the above production department factory overhead rates to determine the factory overhead per unit for each product. what is the meaning malians 5. Assume that you and your best friend ench have $1000 to invest. You invest your moneyin a fund that pays 1096 per year compound interest Your friend invests her money at a bankthat pays 10% per year simple interest. At the end of 1 year, the difference in the total amountfor each of you ts(a) You have Slo more than she does (b) You have $100 more than she doesYou both have the same amount of money (cdShe has $10 more than you do Briefly compare the similarities between the ends of the Roman Empire and Han China. Describe the causes and consequences of each. Be sure to clearly develop and organize your ideas and support your answer with evidence from the course. In 2015, the CDC analyzed whether American adults were eating enough fruits and vegetables. Let the mean cups of vegetables adults eat in a day be . If the CDC wanted to know if adults were eating, on average, more than the recommended 2 cups of vegetables a day, what are the null and alternative hypothesis? Select the correct answer below: H0: =2; Ha: >2 H0: >2; Ha: =2 H0: =2; Ha: If a function f has an inverse function, then fis one-to-one.A) TrueB) False Combine the following sentences using appropriate conjunctions to have just one sentence.a)There is another building in the photo.d) It is another landmark. b)The building is tall. e) It is in New York City.It is the Chrysler Building. Which of the following is an aldehyde? Choose the best English translation for the following sentence.Se alquilan bicicletas.A. The bicycles are being rented.B. They are selling bicyclesC. Bicycles for rent.O D. They rent bicycles.