Krueger Corporation is conducting a time-driven activity-based costing study in its Customer Support Department. The company has provided the following data to aid in that study:Krueger CorporationCustomer Support DepartmentData InputsResource Data: Number of employees 12 Average salary per employee$48,600 Weeks of employment per year 50 Minutes available per week (40 hours × 60 minutes) 2,400 Practical capacity percentage 90%?Activity Data:Receiving CallsResolving IssuesSettling DisputesMinutes per unit of the activity142640?Cost Object Data:Customer SCustomer TCustomer UNumber of calls received27205Number of issues resolved15128Number of disputes settled110?On the Customer Cost Analysis report in time-driven activity-based costing, the total cost assigned to Customer
T would be closest to:
A. $284.40
B. $18.00
C. $140.40
D. $126.00
Answer: A
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The U.S. Department of Commerce negotiated a Safe Harbor exception with the European Union:
A. because the United States would not qualify as having adequate data protection. B. because the law required that all imports from the European Union meet the Safe Harbor standards. C. so that the European Union could get access to personal information. D. so that each European country could maintain its own standard of information gathering and protection while trading with the United States.
Nile Food's stock has a beta of 1.4, while Elba Eateries' stock has a beta of 0.7. Assume that the risk-free rate, rRF, is 5.5% and the market risk premium, (rM - rRF), equals 4%. Which of the following statements is CORRECT?
A. If the risk-free rate increases but the market risk premium remains unchanged, the required return will increase for both stocks but the increase will be larger for Nile since it has a higher beta. B. If the market risk premium increases but the risk-free rate remains unchanged, Nile's required return will increase because it has a beta greater than 1.0 but Elba's required return will decline because it has a beta less than 1.0. C. Since Nile's beta is twice that of Elba's, its required rate of return will also be twice that of Elba's. D. If the risk-free rate increases while the market risk premium remains constant, then the required return on an average stock will increase. E. If the market risk premium decreases but the risk-free rate remains unchanged, Nile's required return will decrease because it has a beta greater than 1.0 and Elba's will also decrease, but by more than Nile's because it has a beta less than 1.0.
According to the 2012 Transparency International Corruption Perceptions Index, which of the following nations is the least corrupt?
A. The United States B. Spain C. India D. New Zealand
Redemption of shares generally results in an increase of treasury stock
Indicate whether the statement is true or false