Answers
Answer:
NPV project A = $7.47 million
NPV project B = $14.98 million
Explanation:
Net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator:
For project A :
Cash flow in year 0 = -$16
Cash flow in year 1= $7
Cash flow in year 2 = $9
Cash flow in year 3 = $10
I = 5%
NPV = $7.47 million
For project B
Cash flow in year 0 = -$26
Cash flow in year 1 = $14
Cash flow in year 2 = $20
Cash flow in year 3 = $11
I = 5%
NPV = $14.98 million
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you
Related Questions
The following data from the just completed year are taken from the accounting records of Mason Company:
Sales $ 651,000
Direct labor cost $ 84,000
Raw material purchases $ 136,000
Selling expenses $ 103,000
Administrative expenses $ 46,000
Manufacturing overhead applied to work in process $ 205,000
Actual manufacturing overhead costs $ 222,000
Inventories Beginning Ending
Raw materials $ 8,700 $ 10,400
Work in process $ 5,200 $ 20,200
Finished goods $ 75,000 $ 25,100
Required:
1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials.
2. Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold.
3. Prepare an income statement.
Required 1
Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials.
Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials.
Mason Company
Schedule of Cost of Goods Manufactured
Direct materials: Total raw materials available Raw materials used in production Total manufacturing costs 0
Cost of goods manufactured Prepare a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold.
Mason Company
Schedule of Cost of Goods Sold
Prepare an income statement.
Mason Company
Income Statement
0
Selling and administrative expenses: 0
$0
Answers
Direct labour and productive labour are the terms used to describe the workers who actually handle and process the various materials, either directly or with the help of machines.
What is meant by direct labor?Direct labour costs are a part of the wage bill or payroll that can be specifically and consistently linked to or allocated to the production of a commodity, a particular work order, or the provision of a service. The salaries and wages given to workers who are directly involved in the production of a particular good or in rendering a service are referred to as direct labour.
Regular working hours, overtime hours, associated payroll taxes, social welfare, Medicare, unemployment, worker's benefits, retirement plan contributions, medical coverage, and other expenses are all considered to be direct labour costs.
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A day trader buys an option on a stock that will return $150 profit if the stock goes up today and lose $650 if it goes down. Complete parts a and b below given that the trader thinks there is a 70 % chance that the stock will go up.
a) What is her expected value of the option's profit?
b) What do you think of this option?
Answers
Answer:
A.-90
B.What I think of the option is that it will be extremely risky reason been that her expected value was a loss in (a).
Explanation:
Option on stock $150
Loss$650
Percentage 70 %
A.
150*.70= $105
100%-70%
=30%
-650*.30
= -195
$105 + (-195)
= -90
Therefore the expected value of the option's is losing 90
b.
What I think of the option is that it will be extremely risky reason been that her expected value was a loss in (a).
Select the correct answer.
Claire and Evelyn have an argument over the timing of the charity event at an orphanage organized by their manager. Claire wants the timing to be
8:00 am while Evelyn wants the timing to be 9:00 am as the place is a bit far from her home. The manager intervenes and asks them to understand
each other's concern. They finally agree to the solution that the timing for the event could be 8:30 am and the manager would pick both of them from
convenient spots. Which method of conflict resolution does the situation reflect?
O A competing
OB.
0 с.
O D. smoothing over the problem
O E compromise
avoidance
collaboration
Answers
Method of conflict resolution does the situation reflect compromise. Thus, option E is correct.
What is conflict resolution?Professionals in many work fields might benefit from knowing how to resolve conflicts. Simply defined, interpersonal conflict can happen in almost any situation, including field employment and office occupations.
Conflict resolution teaches people vital skills that improve well-being and productivity, such as how to handle interpersonal conflict, reconcile emotions, and come to an understanding.
Understanding how to resolve conflicts involves more than just one strategy, such as knowing the distinctions between mediation and arbitration. This sophisticated skill set may result in a lucrative job. It involves more than just handling challenging conversations. Continue reading to find out what conflict resolution is and why it's crucial.
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design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions
Answers
The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.
In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:
1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.
2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.
3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.
4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.
5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.
6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.
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Personal Impact Improvement Plan. Think about the tips for how to live an environmentally friendly life and set goals for your own improvement. Be specific and realistic for your life.
Answers
A Personal Impact Improvement Plan is a means of making small lifestyle changes to reduce one's impact on the environment. It is a series of simple lifestyle changes that can make a huge difference. An environmentally friendly lifestyle is beneficial for the environment, our health, and the economy.
Following are some tips for living an environmentally friendly life: Reducing water usage: Water is an essential natural resource. Conserving water saves money and energy while protecting the environment. This can be achieved by reducing shower times, using a low-flow showerhead, and fixing leaky taps. Reducing energy usage: The use of energy affects the environment, both locally and globally.
By conserving energy, we can save on our energy bills and reduce pollution. This can be achieved by using energy-efficient lighting, unplugging electronics when not in use, and reducing heating and cooling requirements.
Reducing plastic usage: Plastic waste is a significant problem for the environment. It takes a long time to decompose, and it is not biodegradable. This can be achieved by using reusable bags, bottles, and straws.
Reducing carbon emissions: Carbon dioxide is a greenhouse gas that contributes to climate change. This can be achieved by walking, cycling, or taking public transport instead of driving and reducing air travel.
Setting goals for your own improvement is essential. Specific, realistic, and achievable goals can be set to make lifestyle changes more manageable.
The goals should be tailored to the individual and their circumstances. For example, a person can aim to reduce their energy consumption by 10% by using energy-efficient lighting and unplugging electronics when not in use.
Another person can aim to reduce their water usage by fixing leaky taps and reducing shower times. It is important to remember that small changes can make a big difference, and everyone can do their part to help the environment.
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which of following budget would not be prepared by a retailer? Administrative, Sales, cash, production.
Answers
Answer:
Production.
Explanation:
A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year.
Basically, budgets are usually compiled, analyzed and re-evaluated on periodic basis.
The key principle of supply chain management can be best summed up as collaboration between multiple firms. Thus, these multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.
A retailer can be defined as an individual or company that buys finished goods directly from a wholesaler and sells directly to the end users (consumers).
In this context, a retailer would prepare an administrative, sales and cash budget but certainly wouldn't prepare a production budget because retailers aren't saddled with the responsibility of producing goods.
Simply stated, a production budget would be prepared by a manufacturer or producer.
Universal Travel uses the contribution margin income statement internally. Universal's first quarter results are as follows: LOADING...(Click the icon to view the income statement.) Universal's relevant range is sales of between $ 115 comma 000 and $ 650 comma 000. Read the requirementsLOADING.... Requirement 1. Prepare contribution margin income statements at sales levels of $ 240 comma 000 and $ 430 comma 000. (Hint: Use the contribution margin ratio.) Begin by preparing the contribution margin income statement at the $ 240 comma 000 level. (Round the variable expense rate to the nearest whole percent. Enter losses with a minus sign or parentheses.) Universal Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss)
Answers
Question Completion:
Contribution Income Statement for three months ended March 31, 2020:
Sales $600,000
Variable Expense $240,000
Contribution $360,000
Fixed expense $155,000
Operating Income $205,000
Answer:
Universal Travel
Contribution Margin Income Statements at sales levels of $240,000 and $430,000:
Sales $240,000 $430,000
Variable Expense $96,000 $172,000
Contribution $144,000 $258,000
Fixed expense $155,000 $155,000
Operating Income or
(Loss) ($11,000) $103,000
Explanation:
a) Data:
Sales $600,000
Variable Expense $240,000
Contribution $360,000
Fixed expense $155,000
Operating Income $205,000
b) Calculation of the Contribution Margin Ratio = $360,000/$600,000 x 100 = 60%
c) With Contribution Margin Ratio as 60%, the variable cost ratio is calculated as follows:
= 100% - 60% = 40%
This ratio is used to calculate the variable cost, and then the result of the workings follow sequentially. It is assumed that the fixed cost does not change within the relevant sales ranges.
This can also be used to work out different income statement data.
The market price of hamburgers in a college town increased recently, and the students in an economics class are debating the cause of the price increase. Some students suggest that the price increased because several burger joints in the area have recently gone out of business. Other students attribute the increase in the price of hamburgers to a recent decrease in the price of french fries.
Everyone agrees that the decrease in the price of french fries was caused by a recent decrease in the price of potatoes, which are not generally used in making hamburgers.
The first group of students thinks the increase in the price of hamburgers is due to the fact that several burger joints in the area have recently gone out of business.
On the following graph, adjust the supply and demand curves to illustrate the first group’s explanation for the increase in the price of hamburgers.
Note: Select and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther.
Demand
Supply
PRICE (Dollars per hamburger)
QUANTITY (Hamburgers)
Demand
S
1
S
2
The second group of students attributes the increase in the price of hamburgers to the decrease in the price of french fries.
On the following graph, adjust the supply and demand curves to illustrate the second group's explanation for the increase in the price of hamburgers.
Demand
Supply
PRICE (Dollars per hamburger)
QUANTITY (Hamburgers)
D
1
D
2
Supply
Suppose that both of the events you have just analyzed are partly responsible for the increase in the price of hamburgers. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of hamburgers?
If the equilibrium quantity of hamburgers decreases, then the supply shift in the market for hamburgers must have been larger than the demand shift.
Whichever change occurred first must have been the primary cause of the change in the price of hamburgers.
If the equilibrium quantity of hamburgers decreases, then the demand shift in the market for hamburgers must have been larger than the supply shift.
If the price increase was small, then the supply shift in the market for hamburgers must have been larger than the demand shift.
Answers
Please find attached the graphs containing the requested information
The dominant cause of the increase in the price of hamburgers can be determined by the direction of change on quantity demanded: If the equilibrium quantity of hamburgers decreases, then the supply shift in the market for hamburgers must have been larger than the demand shift.
The demand curve shows the relationship between price and quantity demanded. The demand curve is negatively sloped.
The supply curve shows the relationship between price and quantity supplied. The supply curve is positively sloped.
If the increase in the price of hamburgers is as a result of burger joints closing down.
If burger joints closes down, the supply of hamburgers would decrease. The supply curve would shift to the left. As a result of the leftward shift of the supply curve, equilibrium price would rise and equilibrium quantity would decrease.
The increase in the price of hamburgers is as a result of a decrease in the price of French fries.
Hamburgers and French fries are complement goods. Complement goods are goods that are consumed together. An decrease in the price of French fries would lead to an increase in the demand for hamburgers. This would lead to a rightward shift of the demand curve while the supply curve remains unchanged. As a result, both equilibrium price and quantity would increase.
If both events are partially responsible, the supply curve would shift to the left, leading to an increase in price and a decrease in quantity and the rightward shift of the demand curve would lead to an increase in equilibrium price and quantity.
If the decrease in supply is the dominant factor, there would be a decrease in equilibrium quantity.
If the increase in demand is the dominant factor, there would be an increase in equilibrium quantity.
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A division vice president fires project managers if they exceed 10 percent of their operating budget for their last three projects. This policy illustrates which component of internal control
Answers
Answer:
Control environment
Explanation:
Internal control is defined as the process by which a company ensures operational efficiency, transparent financial reporting, and drive compliance with policies, laws and regulations of the company.
Control environment is a component of internal control, it is the series of actions that management of an organisation takes to guide the daily activities of their employees.
It includes actions taken to deal with issues around laid down policies and procedures.
In the given scenario the division vice president fires project managers if they exceed 10 percent of their operating budget for their last three projects.
This creates a control environment that is aimed at discouraging project managers from exceeding their budgets
(214) 1. Distinguish between technical efficiency and allocative efficiency. Use the two concepts of efficiency to compare a perfect market structure with a monopoly.
Answers
Technical efficiency refers to the ability to produce the maximum output from a given set of inputs or resources. It focuses on the production process and achieving the highest output level with the least amount of resources wasted. Technical efficiency emphasizes optimizing the production process to minimize costs and maximize productivity.
Allocative efficiency, on the other hand, relates to the allocation of resources in a way that maximizes overall social welfare. It refers to the ideal allocation of resources that matches consumers' preferences and demands. Allocative efficiency ensures that resources are allocated so that goods and services align with consumer preferences. This results in the best outcome for society.
When comparing an ideal market structure with a monopoly in terms of efficiency, there are significant differences. In an ideal market structure, characterized by complete competition, both technical and allocative efficiency is typically achieved. Many buyers and sellers exist, information is freely available, and no single entity controls the market. Competition drives firms to produce at the lowest cost and offer goods and services that match consumer preferences, leading to technical and economic efficiency.
In contrast, a monopoly represents a market structure where a single firm dominates the industry and has substantial market power. In terms of technical efficiency, a monopoly may not necessarily achieve the same level as a perfectly competitive market. Due to the lack of competition, a monopoly may not have the same incentive to minimize costs or innovate as efficiently as possible. This can result in higher production costs and lower technical efficiency.
Regarding allocation efficiency, monopolies often fail. Without competition, a monopolistic firm can set prices higher than the marginal cost of production, resulting in a suboptimal allocation of resources. The monopolist may prioritize maximizing profits rather than satisfying consumer preferences. This leads to a less efficient allocation of resources than in a perfectly competitive market.
Overall, an ideal market structure exhibits higher levels of technical and allocative efficiency than a monopoly. When true competition promotes resource optimization and consumer satisfaction, resulting in more efficient resource allocation.
: Precision Musical Instruments, merchandisers of musical instruments, has provided the following details: Inventory purchased on account Freight in $750,000 Mar. 5 30,000 Mar. 8 Mar. 13 Purchase returns 55,000 Mar. 14 Allowances by vendor Payment made to vendor for purchases on March 5 12,000 Mar. 20 ? Credit terms are: 4/20, n/45, FOB shipping point. Calculate the net cost of inventory purchased assuming that there are no other inventory - related transactions during the month. Assume that the perpetual inventory system is used A. $684,480 B. $683,000 $685,680 D. $738,000 Ralwins, Inc. had the following balances and transactions during 2018, from January 1 to December 31: 200 units at $81 Beginning Merchandise Inventory March 10 Sold 100 units Purchased 400 units at $83 June 10 October 30 Sold 300 units What would be reported for ending Merchandise Inventory on the balance sheet at December 31, 2018 if the perpetual inventory system and the weighted - average inventory costing method are used? (Round unit costs to two decimal places and total costs to nearest dollar.) A. $16,200 OB. $8,100 O C. $24,300 D. $16,520
Answers
According to the question Ending Merchandise Inventory is $16,520.
What is Inventory?Inventory is an accounting term used to describe the goods and materials held by an organization for the purpose of production or resale. It is a critical component of the supply chain and can include raw materials, components, and finished goods that are held in warehouses, distribution centers, and retail stores. Inventory is also used to track the costs associated with the goods, such as the cost of production or the cost of purchasing from a supplier.
The net cost of inventory purchased would be $683,000. This is calculated as follows:
Inventory purchased on account: $750,000
Purchase returns: - 55,000
Allowances by vendor: - 12,000
Net cost of inventory purchased: $683,000
For the balance sheet, the ending Merchandise Inventory at December 31, 2018 would be reported as $16,520. This is calculated as follows:
Beginning Merchandise Inventory: 200 units at $81 = $16,200
+ Purchases: 400 units at $83 = 33,200
+ Purchases Returns: 0
- Sales: 400 units = - 24,300
Ending Merchandise Inventory = $16,520
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Production is an example of a marketing activity.
Question 1 options:
True
False
Answers
GDP is a strong measure of the health of the economy, and it’s among the most important and widely reported economic data.
1.In your own words, summarize nominal GDP.
2.Locate an online news article that discusses impacts to GDP in some way. Summarize the article and explain its relation to/impact on GDP.
3.Cite your sources.
Answers
Nominal GDP is the total value of all goods and services produced within a country's borders during a specific time period, typically measured in terms of the market prices at which these goods and services are sold.
What is nominal GDP ?Nominal GDP, in essence, represents the aggregate value of all goods and services produced within a nation's boundaries during a specified timeframe.
An online news article that discusses impacts to GDP in some way:
Headline: U.S. GDP Growth Slows to 1.5% in First Quarter
Summary:
The U.S. economy grew at an annual rate of 1.5% in the first quarter of 2023, down from 6.9% in the fourth quarter of 2022. The slowdown was driven by a number of factors, including the ongoing war in Ukraine, rising inflation, and supply chain disruptions.
The slowdown in GDP growth is a sign that the U.S. economy is facing headwinds. The war in Ukraine is causing energy prices to rise, which is contributing to inflation. Rising inflation is eating into consumer spending, which is a major driver of economic growth.
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Gross Domestic Product (GDP) is a measurement of a country's economic performance. It is among the most essential indicators used to assess the health of the economy. It measures the total value of all goods and services produced within the country's boundaries during a given period.GDP is significant because it reflects the standard of living of a nation and its people.
It indicates the total amount of wealth generated by an economy and how much of it flows into the hands of the individuals in the form of wages, salaries, or profits.GDP is the most widely reported economic data, and its changes can impact the markets and the country's overall economic health. Economic growth, employment rates, and the performance of the stock markets are all influenced by the GDP.GDP is also impacted by external factors such as natural disasters, economic policies, and global events. Recently, the coronavirus pandemic has had a significant impact on the GDP of many countries, forcing governments worldwide to shut down economies and restrict movement to curb the virus's spread. The lockdowns resulted in job losses, reduced production of goods and services, and a significant economic downturn. Economies worldwide are expected to have contracted in 2020 as a result of the pandemic's economic impact.One example of the impact of GDP can be seen in the United States. The US Department of Commerce reported that the country's GDP shrank at an annualized rate of 4.8% in the first quarter of 2020, the first time it had declined since 2014. The decline was attributed to the COVID-19 pandemic, which prompted the government to shut down many non-essential businesses and implement social distancing policies to curb the spread of the virus. It led to a decrease in consumer spending, business investments, and trade, which negatively impacted the country's economy. The impact on GDP has been felt worldwide, with many countries facing a recession due to the pandemic.Source: U.S. GDP falls 4.8% in first quarter as virus strikes, ending longest expansion in history.For such more question on economy
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What are 2 tools you can use to identify possible issues in quickbooks online company
Answers
Answer: Transactional Journal and Audit Log can be used to identify possible issues in a Quickbooks Online Company.
The 2 tools you can use to identify possible issues in quickbooks online company are transactional journal and Audit log.
Accountant Toolbox contains the following Features for all QuickBooks Online Users. They are:
Voided/Deleted transaction- this filters the view of the audit log.Journal entries.Close books.Management reports. etcQuickBooks is simply known as an accounting software package developed and marketed by a company called Intuit.
Its products are targeted toward small and medium-sized businesses and offer on-premises accounting applications and also cloud-based versions.
Conclusively, It can be used for accepting business payments, manage and pay bills, and payroll functions.
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Read the following blog post, and then (a) analyze whether the message is effective or ineffective (explain why), and (b) revise the message so that it follows this chapter's guidelines.
"It has come to my attention that many of you are lying on your time cards. If you come in late, you should not put 8:00 on your card. If you take a long lunch, you should not put 1:00 on your time card. I will not stand for this type of cheating. I simply have no choice but to institute an employee monitoring system. Beginning next Monday, video cameras will be installed at all entrances to the building, and your entry and exit times will be logged each time you use electronic key cards to enter or leave.
Anyone who is late for work or late coming back from lunch more than three times will have to answer to me. I don’t care if you had to take a nap or if you girls had to shop. This is a place of business, and we do not want to be taken advantage of by slackers who are cheaters to boot.
It is too bad that a few bad apples always have to spoil things for everyone."
Answers
The message in the given blog post is effective, as this is a friendly reminder about the working time.
So a shift starts from 7:30 am to 5:00 pm and there is a break time between 12:00 pm to 12:45 pm for lunch and other business. In order to facilitate the accuracy of time record and thus improve the fairness in a working environment, a camera will be installed which will moniter the employees. So, this is effective.
So if anyone is late for work more than three times, there will be a penalty. Thus, from following Monday the new cameras are installed for improving the checking time for working of all workers. This is the message given in the blog post.
Hence, such guidelines are to be followed.
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A company currently makes a component used in production. The per unit costs incurred to make the component include: Direct materials: $5; Direct labor: $2; Overhead: $4; Total cost: $11. Twenty-five percent of the overhead costs are considered incremental. The company can purchase the component from another source for $10. The company should do which of the following?
A. The company should not make the components because incremental costs are $2 less than the purchase price.
B. The company should make the components because incremental costs are $2 less than the purchase price.
C. None of above
Answers
Answer:
The company should make the components because incremental costs are $2 less than the purchase price.
Explanation:
To solve this we would have to calculate the cost of making each unit of the component.
= Direct Labour + Direct Material + Overhead*
25% of Overhead is said to be Incremental. Overhead is 4. This means that 25% of 4 is the Marginal Cost of production. i.e, the cost per unit.
= 25% * 4
= (25/100) x 4
= 1
We would charge $1 per unit to overhead costs.
Therefore, the cost of making each unit of component
= $5 + $2 + $1 = $8
Since the cost of purchasing each unit of component is $10. Then the company has to produce the component because it is less with a difference of $2.
$10 - $8 = $2
if paul bunyon lost his job because they buy chainsaws to replace him what type of unemployment is this?
Answers
Paul Bunyon losing his job as a lumberjack because the timber company he works for decided to just buy chainsaws ,shows structural unemployment.
What is structural unemployment?Structural unemployment is a type of involuntary unemployment caused by a mismatch between the skills available to workers in the economy and the skills required by employers. Structural unemployment is frequently caused by technological changes that render many workers' job skills obsolete.
Structural unemployment is long-lasting unemployment that comes about due to shifts in an economy.
As Paul was a lumberjack, and the company decides to buy chainsaws to replace him. This unemployment will be termed as structural unemployment.
Therefore, Paul Bunyon faces structural unemployment.
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Your question is incomplete, but most probably the full question was,
Paul Bunyan lost his job as a lumberjack because the timber company he works for decided to just buy chainsaws. What type of unemployment is this an example of?
Zhao Co. has fixed costs of $286,200. Its single product sells for $163 per unit, and variable costs are $110 per unit. Compute the level of sales in units needed to produce a target (pretax) income of $106,000.
Answers
Answer:
The level of sales in units is 7,400
Explanation:
The computation of the level of sales in units is shown below:
= (Fixed cost + target income) ÷ (Contribution margin per unit)
= ($286,200 + $106,000) ÷ ($163 per unit - $110 per unit)
= $392,200 ÷ $53 per unit
= 7,400 units
The Contribution margin per unit is
= Selling price per unit - variable cost per unit
Henec, the level of sales in units is 7,400
What is fifo method of pricing material issues??
Answers
The CIMA defines the First-In First-Out (FIFO) method as "a way of pricing the issuance of material employing, the purchase price of the oldest unit in the stock."
What is FIFO pricing method?Simply put, FIFO costing enables you to track an item's cost based on its cost at the time of receipt of the purchase order and apply this cost to each shipment of the item until the quantity received has been used up.
In order to reduce the likelihood that the company would lose money when products expire or become obsolete, FIFO inventory management aims to value inventory. The first things acquired are also the first goods sold, according to the first in, first out (FIFO) technique of inventory valuation.
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Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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Which of the following are components generally included in a company's business plan:
A.Marketing plan, summary, and franchise agreement
B.Company description, financial plan, and marketing plan
C.Management plan, licensing contract, and annual
Answers
Answer:
A
Explanation:
Only one that makes sense.
True or false many small businesses fail every year
Answers
Answer:false
Explanation:
You are selling a product on commission, at the rate of $1,000 per sale. To date, you have spent $800 promoting a particular prospective sale. You are confident you can complete this sale with an added expenditure of some undetermined amount. What is the maximum amount, over and above what you have already spent, that you should be willing to spend to assure the sale
Answers
Answer:
Either you quit trying and lose $800 sunk, or you spend $800 for $1,600 total in which the Net from the sale of $1,000 would results in a loss of $600. That means it will be of good to lose $600 than $800.
Explanation:
Since $800 has been spent which means Spending up to an additional $1,000 is still reasonable, but a condition in which you know that the deal will definitely go through.
Secondly since you have already sunk $800, and you know that spending an additional $800 would guarantee it, you can do one among this two options which are either you stop trying and lose the $800 sunk, or you the spend $800 for $1,600($1,000+$600) total in which the Net from the sale of $1,000 would results in a loss of $600($1,000-$800=200,$800-$200=$600). That means it will be of good to lose $600 than $800.
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Answers
Answer:
I understand this completely true fact
Explanation:
majic
Answer:
Is this actually a question?? XD
Explanation:
underapplied or overapplied overhead is the blank . multiple choice question. same as actual overhead sum of overhead applied to jobs and actual overhead difference between overhead applied to jobs and actual overhead total overhead applied to work in process
Answers
The underapplied or overapplied overhead is the sum of overhead applied to jobs and the actual overhead.
What is actual overhead?Actual overhead refers to the actual costs incurred in the production process that are not directly tied to the cost of the final product. It includes indirect costs such as indirect labor, indirect materials, indirect expenses, and indirect taxes. These indirect costs cannot be traced directly to a particular product, but are still necessary for the production process to occur. Actual overhead is calculated by adding up all the indirect costs incurred during the production process. This information is then used to determine the cost of the final product. It is important to accurately calculate actual overhead as it helps businesses to identify areas where they can reduce costs and increase efficiency. This information also helps in pricing products, determining profit margins, and making informed business decisions.
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OPSEC is a five-step process to identify, control and protect critical
information and analyze friendly actions and indicators that would allow
adversaries or potential adversaries to identify and exploit vulnerabilities.
True
False
Answers
Answer:
False
Explanation:
am not sure hope i helped
Can’t really explain it
Ana is a supervisor at a hotel. She needs to talk with an employee who has been rude to coworkers and seems uninterested in learning new job duties.
What is the FIRST thing Ana should do before she has this difficult conversation?
She should avoid the underperforming employee for as long as possible in case their behavior improves on its own.
She should see if she can convince someone else on the team to have this difficult conversation with the underperforming employee.
She should decide what the purpose and outcome of the conversation will be-whether she will give the employee a written warning.
for instance
OD. She should make a list of the employee's positive qualities so she doesn't act too harshly or hastily
OA.
B.
C.
Reset
Next
Answers
The first thing that ana should do before she has a difficult conversation with the underperforming employee is to decide what the purpose and outcome of the conversation will be therefore the correct answer is c
What Ana has to doshe should decide what the purpose and outcome of the conversation will be whether she will give the employee a written warning for instance before having a difficult conversation with an underperforming employee
it is important for the supervisor to define the purpose and outcome of the conversation this will help to ensure that the conversation is productive and focused and that the employee understands the expectations and consequences of their behavior
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[Total = 25marks]
QUESTION 2
a. Azon and Son Ltd acquired use of plant over three years by way of a lease. Installments of
GhC700,000, are paid six monthly in arrears on 30 June and 31 December. Delivery of the plant
was on 1 January 2010 so the first payments of GhC700,00 was on 30 June 2010. The present
value of minimum lease payments is GhC3,000,000, Interest implicit in the above is 10% per six
months. The plant would normally be expected to last three. Azon and Son is required to insure
the plant and cannot return it to the lessor without severe penalties.
Required
i. Describe whether the above lease should be classified as an operating or finance
1
Answers
A significant portion of the asset's economic life—three years—is covered by the lease period. The minimum lease payment present value is GhC3,000,000, which is essentially the entire leased asset's fair market value.
The equivalent of monthly rent, a lease payment is formally stipulated in a contract between two parties and gives one party the right to use the other party's real estate holdings, manufacturing equipment, computers, software, or other fixed assets for a predetermined period of time.
A lease payment will be shown as a right-of-use asset and lease liability on the balance sheet. The ROU asset is the ownership of the asset under the lease contract, whereas the lease liability period is the payment obligation during the course of the lease contract.
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a) Identify and discuss three (3) major risks fims are always averse when they enter into
international markets especially developing economies.
(b)
Prices of goods quoted in the international marvets always have trade terms. Identify four (4)
of these terms and briefly discuss/define giving their implications for the parties involved.
Answers
Foreign exchange and political risks are the two main dangers that come with doing business internationally. It may occasionally be difficult for businesses to sustain steady and predictable revenue because of these difficulties.
What do you mean by the international market?Marketing goods or services to consumers outside of your brand's home market is known as international marketing. Consider it to be a form of international trade.
Brands may build a worldwide audience, raise their profile, and, of course, expand their business by entering international markets.
Export, licensing, franchising, joint ventures, and foreign direct investment are examples of several forms of international marketing. The goal of global marketing is to meet customer demands internationally.
Therefore, IBM's international market is any location where it operates outside the confines of the United States. The company's domestic market, which is the geographical area inside the boundaries of a company's home country, is conceptually opposed to an international market.
Therefore, Foreign exchange and political risks are the two main dangers that come with doing business internationally. It may occasionally be difficult for businesses to sustain steady and predictable revenue because of these difficulties.
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3. Following are the particulars available for Z and X, LLP
retained earnings
accounts receivable
supplies
salaries payable
equipment
unearned revenue
accounts payable
cash
prepaid insurance
common stock
a. Calculate the amount of -
• total assets
●
● total liabilities excluding stockholder equity
total stockholders' equity
668
240
500
- 167
1000
475
200
1170
100
1500
(5 Marks)
Answers
The total assets are $3,010, total liabilities excluding stockholder equity are $508, and total stockholders' equity is $2,168.
What is Assets?
Assets are economic resources that are owned or controlled by an individual, a company, or an organization. Assets can take many forms, including cash, investments, property, equipment, inventory, and accounts receivable, among others.
Using the given information, we can calculate the total assets, total liabilities excluding stockholder equity, and total stockholders' equity as follows:
Total assets = accounts receivable + supplies + equipment + cash + prepaid insurance
= 240 + 500 + 1000 + 1170 + 100
= 3,010
Total liabilities excluding stockholder equity = accounts payable + salaries payable + unearned revenue
= 200 + (-167) + 475
= 508
Total stockholders' equity = retained earnings + common stock
= 668 + 1500
= 2,168
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