Braveheart Company Has Two Production Departments, Mixing and Finishing, Served

question 21

Multiple Choice

Braveheart Company has two production departments, Mixing and Finishing, served by one maintenance department. Budgeted fixed costs for the maintenance department were $30,000, and the variable cost per labor hour was $4.00. Other relevant data are as follows: $$\begin{array}{l}& \text { Mixing } & \text { Finishing } \\\text { Long-run capacity available }{ }^{*} & 18,000 & 12,000 \\\text { Budgeted }^{*} & 12,000 & 10,500 \\\text { Actual }^{*} & 15,000 & 9,000\\\text { *in labor hours }\end{array}$$ Actual maintenance department costs were $36,000 fixed and $100,000 variable. The amount of variable maintenance costs allocated to the Mixing Department should be:

• A) $48,000
• B) $62,500
• C) $60,000
• D) $72,000

Appreciate the contributions of significant minorities and women to psychology.

Understand the historical development and key figures in psychology.

Explain behaviorism and its significance in psychology.

Recognize the foundational concepts of psychoanalysis.

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Definitions:

ROE

Return on Equity; a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how efficiently a company uses its assets to generate profit.

ROCE

Return on Capital Employed, a financial ratio that measures a company's profitability and the efficiency with which its capital is used.

Capital Structure

refers to the mix of debt and equity financing that a company uses to fund its operations and growth.

Financial Leverage

Utilizing borrowed money to amplify the potential gains from an investment, but also elevating the risk of incurring losses.