Stapel Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study:Stapel CorporationCustomer Service DepartmentData InputsResource Data: Number of employees 10Average salary per employee$43,200Practical capacity per employee (in minutes) 108,000?On the Customer Cost Analysis report in time-driven activity-based costing, the cost per minute of the resource supplied would be closest to:
A. $0.40 per minute
B. $20.00 per minute
C. $18.00 per minute
D. $0.36 per minute
Answer: A
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Magpie Corporation uses the total cost concept of product pricing. Below is cost information for the production and sale of 60,000 units of its sole product. Magpie desires a profit equal to a 25% rate of return on invested assets of $700,000. Fixed factory overhead cost $38,500 Fixed selling and administrative costs 7,500 Variable direct materials cost per unit 4.60 Variable direct labor cost
per unit 1.88 Variable factory overhead cost per unit 1.13 Variable selling and administrative cost per unit 4.50 The unit selling price for the company's product is: A) $15.00 B) $13.82 C) $15.80 D) $14.76
Correlative conjunctions are used in ________
a. pairs b. groups
An involuntary petition for bankruptcy can be filed with respect to a:
A) nonprofit charitable organization. B) partnership that invests in real estate. C) life insurance company. D) wheat farmer.
A hair salon designed to appeal to children does not use the standard salon furniture. Instead, children sit on carousel horses to get their haircuts. Large TV monitors strategically located throughout the salon show kid-targeted videos and cartoons are there to entertain the children. The child-friendly hair salon's servicescape serves in what two capacities?
A. A socializer and as a facilitator B. A boundary spanner and as a differentiator C. A differentiator and as a facilitator D. A package and as a facilitator E. A facilitator and as a boundary spanner