50 points! Please help!
Which type of flowchart scheduling technique has a fixed duration of production activities? In which type of flowchart are they probabilistic?
The ____ type of flow chart has a fixed duration for production activities. The ___ type has a probabilistic duration for production activities.
1. A. IPM, B. CPM or C. FDA
2. A. PACT, B. KENT, or C. PERT)
Answers
2. PACT
From what I remember
Related Questions
QUESTION The trail balance of Jumanne Sandali, a garage owner, failed to agree on 31st March, 2021. The difference was entered in a Suspense Account and the final accounts were prepared which showed a net Profit of TZS 29,000,000. The financial year of Jumanne ends on 31st March each year On checking the books, the following errors and omissions were discovered: A motor car purchased on credit from Mohamed Kizito, for TZS 12,000,000 had been entered on the incorrect side of the Kizito's account and credited as TZS 21,000,000 in the equipment account Car parts, previously sold on credit for TZS 8,500,000 had been returned to Jumanne. These returns had been incorrectly entered as TZS 500,000 on the credit of the equipment and TZS 5,800,000 on the debit of the purchases account (iii) A cheque of TZS 3,000,000, paid by Jumanne out of private bank account for 15 months' rent of garage up to 30th June 2021, had not been entered in the books (iv) Jumanne had returned a motor car, previously purchased on credit from a supplier for TZS 10,500,000, and had entered this transaction in the relevant ledger accounts incorrectly as TZS 15,100,000. However, a credit not subsequently arrived from the supplier showing a restocking charge of TZS 400,000 to cover the cost of return. The only entry made in respect of this credit note was a credit entry of TZS 10,100,000 in the creditor's account (i) (ii) (v) TZS 1,400,000 received from the sale of an old display cabined (book value TZS 1,200,000) which was used by Jumanne to store private materials had not been entered into books Required (a) Journalise the necessary entries to correct the errors (60 Marks) (b) Prepare the Suspense Account (20 Marks) (c) Prepare the statement of showing Correct Net profit (20 Marks)
Answers
The amount credited to the Suspense A/C (27,300,000 TZS) is the total of the debit entries made to it while correcting the errors. This amount needs to be added to the net profit as per the final accounts to arrive at the correct net profit of 56,300,000 TZS.
How to solve(a) Journal Entries to Correct the Errors:
(i) To correct the error in the purchase of the motor car:
Equipment A/C Dr. 9,000,000
Mohamed Kizito A/C Dr. 12,000,000
To Suspense A/C 21,000,000
(Being the correction of the error made in the purchase of the motor car)
(ii) To correct the error in the return of car parts:
Equipment A/C Dr. 8,300,000
Purchases A/C Dr. 500,000
To Suspense A/C 8,800,000
(Being the correction of the error made in the return of car parts)
(iii) To record the unrecorded cheque for rent:
Suspense A/C Dr. 3,000,000
Private Bank A/C Cr. 3,000,000
(Being the entry for the unrecorded cheque for rent)
(iv) To correct the error in the return of the motor car:
Supplier A/C Dr. 10,500,000
Suspense A/C Dr. 400,000
To Equipment A/C 15,100,000
(Being the correction of the error made in the return of the motor car)
(v) To record the sale of the old display cabinet:
Bank A/C Dr. 1,400,000
To Suspense A/C 1,400,000
(Being the entry for the sale of the old display cabinet)
(b) Suspense Account:
Date Particulars Debit (TZS) Credit (TZS)
Suspense A/C Balance c/d 3,200,000
Total 30,500,000 30,500,000
(c) Statement of Correct Net Profit:
Particulars Amount (TZS)
Net Profit as per Final Accounts 29,000,000
Add: Amounts credited to Suspense A/C 27,300,000
Correct Net Profit 56,300,000
Note: The amount credited to the Suspense A/C (27,300,000 TZS) is the total of the debit entries made to it while correcting the errors. This amount needs to be added to the net profit as per the final accounts to arrive at the correct net profit of 56,300,000 TZS.
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The kitchen station that is responsible for decorative sugar is
called the
A. pastry.
B. grill station.
C. sauté station.
D. garde-manger.
Answers
The kitchen station that is responsible for decorative sugar is usually called the pastry station or the pastry department. Therefore, the correct answer is Option A.
What is Pastry Station?The pastry station is responsible for preparing a wide range of baked goods, desserts, and pastries, which may include items such as cakes, cookies, bread, and of course, decorative sugar work. This station is often equipped with specialized tools and equipment, such as mixers, ovens, pastry bags, molds, and decorating tools, to assist in the preparation and presentation of the various pastries.
The pastry chef or baker in charge of the pastry station is responsible for creating and presenting high-quality desserts and pastries that meet the restaurant or bakery's standards and customer expectations. The other stations mentioned, including the grill station, sauté station, and garde-manger, typically have different responsibilities related to preparing and cooking food in a restaurant or commercial kitchen.
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a. What is the total cost for a basket of goods that includes 210 gallons of gas, 55 pizzas, 40 6-packs, and 2 textbooks
Answers
Answer:
Total Cost Base year = $815Last year Total cost = $1,464.35Explanation:
In the base year, the total cost was:
= (210 * 1.30) + (55 * 3.60) + (40 * 3.90) + (2 * 94)
= 273 + 198 + 156 + 188
= $815
Last year, the total cost was:
= (210 * 1.60) + (55 * 7.65) + (40 * 6.64) + (2 * 221)
= 336 + 420.75 + 265.60 + 442
= $1,464.35
Notice that the total cost increased last year from the base year. This is the effect of inflation. Things get more expensive overtime.
C 0
a.
Hank is a salaried plus commission employee. Hank has a monthly salary of $2.500 and earns 5.5% commission on all
sales. Which of the following expressions represents Hank's total earnings in one month if he has $6,300 in sales?
2,500 + (0.055)(6,300)
b. 2,500 + (5.5)(6,300)
c. (2,500) (5.5) + 6,300
d. (2,500) (0.055) + 6,300
Answers
Answer:
The answer is A
2,500 + (0.055)(6,300)
Explanation:
Answer:
A
Explanation:
Roman is the chief executive officer of Salty Snax Corporation. Roman’s responsibilities include decisions on product development, marketing, and other significant business directions. Roman is subject to the approval and oversight of Salty Snax’s board of directors. Teri is a Salty Snax manager whose duties include the firm’s day-to-day hiring, firing, purchasing, and selling. Umberto is a Salty Snax salesperson, whose daily activities are controlled by Teri. Velma writes sales manuals and promotional materials for Salty Snax’s products according to Roman’s instructions and subject to Salty Snax’s control, but has no dealings with the company’s customers or suppliers. Warren writes copy on a contract-per-project basis and is not otherwise subject to Salty Snax’s control.
Who is a principal? Who is an agent? Who is an employee? Who is an independent contractor?
Answers
Answer:
The correct answers are:
Roman is a principal
Velma is an agent
Umberto is an employee
Warren is an independent contractor
Explanation:
Roman is a principal due to the fact that he is the one who is in the highest position of them all and he has no superior in the company
Velma is an agent because she is under the control of the company.
Teri is an employee because she has to deal with the day-to-day operations and has a superior. And Umberto is an employee because he is in the lowest positions and is controlled by Teri
Warren is an independet contractor because he is not subejct to the company's control
I'm always looking for new ways to do things.
Most like me
More like me
More like me
Most like me
Constant change is exhausting.
< or >
Answers
'Most like Me' or 'More like Me' I'm always looking for new ways to do things as the assessment. Thus, option (a) and (b) is correct.
What is assessment?The term assessment was the type of the test. It was such type of the interview. It was check the knowledge. It was the basic test to check the knowledge, and the ability to perform the task.
According to the assessment test, was the new ways to do things. It was the 'Most like Me' or 'More like Me' was the contrast change. It was to recommend the answer "more like me". The personal strength was the 'More like Me'.
As a result, the significance of the 'Most like Me' or 'More like Me' assessment. Therefore, option (a) and (b) is correct.
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What is market environment
Answers
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
The XYZ Company has just created a new hair product. Which of the following are the next two steps the company should take? Select all that apply.
A. It should create other kinds of products.
B. It should develop the product’s message.
C. It should advertise the product on the radio.
D. It should decide how much to charge for the product.
Answers
Answer:
b and d
Explanation:
The company XYZ has created hair product
the company should develop the message It should decide about the price and how much to charge for it.Thus the options B and D are correct.
What is a hair product?The hair product is one that gives you hair the care it needs The company named XYZ has made the hair product that can be applied on the scalp and is a type of facial.
The hair prediction tends to convey the message in the content of the culture and physical characteristics of the hair. The product should have proper labeling and must have instructions to use it. Along with the price information.
Fin out more information about the hair product.
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56 Points & BRAINLIEST Which of the following can be created between two tables which share a common field?
O Field report
O Relationship
O Datasheet
O Connections
Answers
i think the third option but i think its wrong i am unsure and i dont want to say thhe wrong thing
3. If you click on the File Tab, what are the fire most frequently used commands under this
tab?
1N
20
3S
45
Answers
Answer:
3S?
Explanation:
QUESTION 1 (a) Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income statement Sales Costs RM23,000 13,100 RM9,900 Assets Balance Sheet Debt Equity RM10,000 Total RM10,000 RM4,200 5,800 Net income Total RM10,000 The company has predicted a sales increase of 11 percent. It has predicted that every item on the balance sheet will increase by 11 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here? (15 marks) (b) Mountain Frost is considering a new project with an initial cost of RM195,000. The equipment will be depreciated on a straight-line basis to a zero book value over the four-year life of the project. The projected net income for each year is RM19,800, RM20,700, RM24,600, and RM16,700, respectively. Calculate the average accounting return (AAR)? (5 marks) (c) An investment project has annual cash inflows of RM2,800, RM3,700, RM5,100, and RM4,300, for the next four years, respectively. The discount rate is 11 percent. Calculate the discounted payback period for these cash flows if the initial cost is RM5,200? (5 marks) (Total: 25 marks)
Answers
(a) The plug variable in this case is RM0.
(b) AAR (20.77%) provides information about the project's profitability and can be used to evaluate it in comparison to other investment options.
(c) That the four-year window at the specified discount rate does not result in a full recovery of the starting cost.
The plug variable is equal to the difference between the total assets and the total of the debt and equity, which is equal to RM11,100 - (RM4,662 + RM6,438) = RM0. RM0 serves as the plug variable in this scenario.
(RM19,800, RM20,700, RM24,600, and RM16,700) divided by four equals RM20,200. RM195,000 / 2 = RM97,500.
The project's AAR is therefore RM20,200 / RM97,500, which is 0.2077 or 20.77%.
The fourth year's cash inflow has a present value of RM3,139.47, and RM5,200 minus RM12,232.11 plus RM3,139.47 equals RM-3,892.64 in order to reach the beginning cost. As a result, the discounted repayment term is 3 years, which is equal to 1.24 years (RM-3,892.64 / RM3,139.47).
As a result, the significance of the following are the statement are the aforementioned.
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Outline and describe the main types of Communication in your own words. Give one practical example for each type to support your discussion.
Answers
Answer:
There are four main types of communication: verbal, nonverbal, written, and visual.
1. Verbal communication involves the use of words to convey a message. This can be done through spoken or written language. Verbal communication can be formal or informal, and it is often used in face-to-face conversations, meetings, presentations, and interviews. A practical example of verbal communication is a teacher giving a lecture to a classroom full of students.
2. Nonverbal communication involves the use of body language, facial expressions, and other nonverbal cues to convey a message. This can include gestures, eye contact, posture, and tone of voice. Nonverbal communication is often used in conjunction with verbal communication to reinforce a message or convey meaning. A practical example of nonverbal communication is a job interview, where the interviewer may use body language to convey their interest or disinterest in a candidate.
3. Written communication involves the use of written words to convey a message. This can include emails, memos, reports, and letters. Written communication is often used in business and academic settings, where a permanent record of the communication is required. A practical example of written communication is a business proposal that is sent to a potential client.
4. Visual communication involves the use of images, graphics, and other visual aids to convey a message. This can include charts, diagrams, videos, and photographs. Visual communication is often used in advertising, marketing, and design, where visual impact is important. A practical example of visual communication is a billboard that advertises a new product.
In summary, each type of communication has its own strengths and weaknesses, and they are all important in different contexts. Effective communication requires a combination of these four types, depending on the situation and the message that needs to be conveyed.
question content area gizmo inc. purchased a 1-year insurance policy on october 1 for $2,880. journalize the adjusting entry on december 31. if an amount box does not require an entry, leave it blank. dateaccountdebitcredit
Answers
The adjusting entry credits Prepaid Insurance for $960, which reduces the balance of the asset account to reflect the amount of the insurance policy that has not yet been used up.
Assuming that the insurance policy covers the period from October 1 to September 30 of the following year, the adjusting entry on December 31 would be as follows:
Date Account Debit Credit
December 31 Insurance Expense $960
Prepaid Insurance $960
The original cost of the insurance policy was $2,880 for 1 year, which means that the monthly cost of the insurance policy is $2,880/12 = $240.
On December 31, Content Area Gizmo Inc. would have used up 4 months of the insurance policy (October, November, December, and January are remaining), so the amount of prepaid insurance that has been used up would be 4 x $240 = $960.
The adjusting entry debits Insurance Expense for $960, which represents the portion of the insurance policy that has been used up during the current accounting period (December).
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Among us how can u play on a school iPad
Answers
Answer:
pretty sure you canttttttttttttttttttttttttt
đối với những sản phẩm thuộc ô ngôi sao trong ma trận BCG thì lời khuyên dành cho nhà quản trị học là nên tiếp tục hi sinh lợi nhuận ngắn hạn để gia tăng thị phần trong tương lại. đúng hay sai giải thích
Answers
Answer:
??
Explanation:
13. Which of the following describes why self-reflection is important to leadership?
Answers
Answer: it shows what you are like
Explanation: if your good, people are gonna want you:)
MAKARO SUPERSTORE TRIAL BALANCE 31 December, 2022 Capital 30000$ Plant and Machinery 50,000$ Debtors 200,000$ Creditors 100,000$ Loan 95,000$ Interest on Loan 3,000$ Cash 20,000$ Provision for Doubtful Debts 7,000$ Stock on 1st April, 2017 68,000$ Motor Vehicles 100,000$ Bank 35,000$ Land and Building 120,000$ Bad Debts 5,000$ Purchases 660,000$ Sales 1,100,000$ Purchases Return 15,000$ Sales Return 80,000$ Transportation Out Carriage Outwards 25,000$ Transportation In Carriage Inwards 30,000$ Salaries 90,000$ Rent and Insurance 30,000$ Advertising 35,000$ Discount Received 5,000$ General Expenses 34,000$ Bills Receivable 60,000$ Bills Payable 20,000$ Rent Received 3,000$
Answers
To prepare the Makara store balance sheet, we will categorize the items into their respective asset, liability, and equity categories.
MAKARO SUPERSTORE Balance Sheet As of 31 December, 2022Assets:
Plant and Machinery: $50,000
Debtors: $200,000
Cash: $20,000
Stock: $68,000
Motor Vehicles: $100,000
Bank: $35,000
Land and Building: $120,000
Bills Receivable: $60,000
Total Assets: $653,000
Liabilities:
Creditors: $100,000
Loan: $95,000
Interest on Loan: $3,000
Provision for Doubtful Debts: $7,000
Bills Payable: $20,000
Total Liabilities: $225,000
Equity:
Capital: $30,000
Total Equity: $30,000
Total Liabilities and Equity: $653,000
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Given the information below, calculate the net cash provided from operating activities for Baskin Peter Pty. Ltd.
Receipts from customers $279,247
Payments for property, plant & equipment $42,310
Interest paid $4,231
Proceeds from issue shares $25,836
Payments to supplier and employees $220,013
Repayment of borrowings $53,331
GST paid $16,924
Payments for motor vehicle $37,985
Interest received $6,770
Select one:
$61,773
$44,849
$55,345
$49,080
Answers
The cash inflows from operating activities are:
Receipts from customers: $279,247
Interest received: $6,770
Total cash inflows from operating activities: $286,017
The cash outflows from operating activities are:
Payments to suppliers and employees: $220,013
GST paid: $16,924
Total cash outflows from operating activities: $236,937
Therefore, the net cash provided from operating activities is:
Net cash provided from operating activities = Cash inflows from operating activities - Cash outflows from operating activities
Net cash provided from operating activities = $286,017 - $236,937
Net cash provided from operating activities = $49,080
Therefore, the net cash provided from operating activities for Baskin Peter Pty. Ltd. is $49,080.
So the answer is D) $49,080.
Submission Requirements Hurry Pls Help ASAP!!!
Nine hundred word response.
When submitting written assignments, please remember to:
Submit the assignment question(s) and your responses.
Proofread for spelling, grammar, and punctuation.
Remember complete sentence structure.
Paragraphs need to have minimum of six sentences.
Submit your E.T.H.I.C.S. model of one of the provided scenarios.
Answers
When submitting written assignments, please remember to Proofread for spelling, grammar, and punctuation. Hence, option B is correct.
What is meant by Proofread?Proofread is the double-checking of the written assignment or the work that is being already done to the person. It helps the person to identify the little mistakes that they have made during the making of the assignment.
Proofread is always a better solution to understand the work and makes the work complete and perfect. After Proofread, one can identify their mistakes and make them correct.
Thus, option B is correct.
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In March 2017, in the economy of Essay Island, 99,066 people were employed, 1,060 were unemployed and 48,473 were not in the labour force. During April 2017, 73 people lost their jobs and didn’t look for new ones. 699 people quit their jobs and retired, 106 unemployed people were hired, 3,150 people entered the labour force to look for work of which half of them had jobs. a. Calculate for March 2017 i. The unemployment rate ii. The employment-to-population ratio b. And calculate for the end of April 2017 i. The number of people unemployed ii. The number of people employed
Answers
39% of people of working age around the world were unemployed in 2018. That is to say, more than a third of the world's population of working age was unemployed.
People who are neither employed or looking for work are not part of the labour force. People in this group include individuals who are retired, enrolled in school, caring for children or other family members, as well as people who are neither employed nor looking for work.
Divide the labour force by the population to determine the labour force participation rate. To get the participation rate in the labour force, convert that decimal to a percentage. Example: In 2018, the United States' labour force participation rate was 62.6%.
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How do marginal costs
and benefits relate to trade-offs?
Answers
Answer:
A trade-off is the actual alternative option that is given up, while the value of this alternative option is the opportunity cost. ... Marginal cost is the cost of using one more unit of a good or service, and marginal benefit is the benefit or satisfaction received from using one more unit of a good or service.
Explanation:
Pace Co. borrowed $10,000 at a rate of 7.25%, simple interest, with interest paid at the end of each month. The bank uses a 360-day year. How much interest would Pace have to pay in a 30-day month?
Answers
Answer:
Explanation:
Amount of interest need to paid is 30 day month
= 10000×(1.075)×30/360 = 60.42
Simple interest formula is
Interest for year is = 10000×7.5% = 750
Per month is = 750×30/360 = 60.42
The amount of interest that Pace would have to pay on the loan in a 30-day month is $60.42.
What is the interest that Pace would pay?Simple interest is when only the interest is applied to the principal amount that is borrowed and not on the interest already accrued.
Simple interest = principal x interest rate x 30/360
$10,000 x 0.0725 x 30/360 = $60.42
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two stages of statistical investigation
Answers
Statistical investigation is the scientific method of gathering information, investigating and drawing conclusion on a problem in order answer some interesting questions.
A statistical investigation involves 5 stages:
Problem stage is about deciding a statistical question and what, where, why to collect the data.Plan stage is when decision are made on how the data will be gathered.Data stage is when the collected data is managed and well-organised.Analysis stage is when the organized data is been analyzed using a choice of analytical tools.Conclusion stage is when the analyzed data are used to answer question in the problem drawn stage as well as drawing conclusionLearn more about Statistical investigation here
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Develop a managerial report (1,000-1,250 words) summarizing your analysis of the OEI service capabilities. Make recommendations regarding the number of technicians to be used when OEI reaches 20 and then 30 customers, and justify your response. Include a discussion of the following issues in your report:
What is the arrival rate for each customer?
What is the service rate in terms of the number of customers per hour? (Remember that the average travel time of 1 hour is counted as service time because the time that the service technician is busy handling a service call includes the travel time in addition to the time required to complete the repair.)
Waiting line models generally assume that the arriving customers are in the same location as the service facility. Consider how OEI is different in this regard, given that a service technician travels an average of 1 hour to reach each customer. How should the travel time and the waiting time predicted by the waiting line model be combined to determine the total customer waiting time? Explain.
OEI is satisfied that one service technician can handle the 10 existing customers. Use a waiting line model to determine the following information: (a) probability that no customers are in the system, (b) average number of customers in the waiting line, (c) average number of customers in the system, (d) average time a customer waits until the service technician arrives, (e) average time a customer waits until the machine is back in operation, (f) probability that a customer will have to wait more than one hour for the service technician to arrive, and (g) the total cost per hour for the service operation.
Do you agree with OEI management that one technician can meet the average 3-hour service call guarantee? Why or why not?
What is your recommendation for the number of service technicians to hire when OEI expands to 20 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What is your recommendation for the number of service technicians to hire when OEI expands to 30 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What are the annual savings of your recommendation in Question 6 (above) compared to the planning committee's proposal that 30 customers will require three service technicians? (Assume 250 days of operation per year.) How was this determination reached?
Answers
The purpose of this research is to examine the service proficiency of OEI and suggest suitable staffing levels for accommodating a growing clientele of 20 and 30.
1. Arrival Rate for Each Customer: 1.25 customers per hour.
2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.
3. Travel Time and Waiting Time: The waiting time starts from the moment the customer contacts OEI until the machine is back in operation, including both travel and repair time.
What is the managerial report1. Arrival Rate for Each Customer: 1.25 customers per hour.
Based on historical data, the arrival rate for each customer is calculated by dividing the total number of customers by the total time. let us say that OEI receives an average of 10 customers per day, and the service operates for 8 hours a day. So, the arrival rate per customer is:10 customers / 8 hours
= 1.25 customers per hour.
2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.
The service rate takes into account the time required to complete a repair, including travel time. OEI estimates that each service call takes approximately 1 hour for travel time and 2 hours for the actual repair. So, the service rate is:1 customer / 3 hours
= 1/3 customers per hour.
3. Travel Time and Waiting Time:
OEI is different from traditional waiting line models since service technicians need to travel an average of 1 hour to reach each customer. In this case, the travel time and waiting time predicted by the waiting line model should be combined to determine the total customer waiting time.Learn more about managerial report from
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What is wrong with this sentence? The report applies to western Europe, where people are interested in these exports.
Answers
The issue with the sentence is that : The sentence is grammatically correct, but it is unclear what "these exports" refer to
What is wrong with this sentence?The sentence is grammatically correct, but it is unclear what "these exports" refer to. To improve clarity, the sentence should be revised to provide more context or specificity about the exports in question.
For example: "The report applies to western Europe, where people are interested in buying cars from Japanese manufacturers."
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Andretti Company has a single product called a Dak. The company normally produces and sells 81,000 Daks each year at a selling price of $58 per unit. The company’s unit costs at this level of activity are given below:
Direct materials $ 8.50
Direct labor 10.00
Variable manufacturing overhead 2.40
Fixed manufacturing overhead 10.00 ($810,000 total)
Variable selling expenses 4.70
Fixed selling expenses 3.00 ($243,000 total)
Total cost per unit $ 38.60
A number of questions relating to the production and sale of Daks follow. Each question is independent.
Required:
1-a. Assume that Andretti Company has sufficient capacity to produce 105,300 Daks each year without any increase in fixed manufacturing overhead costs. The company could increase its unit sales by 30% above the present 81,000 units each year if it were willing to increase the fixed selling expenses by $130,000. What is the financial advantage (disadvantage) of investing an additional $130,000 in fixed selling expenses?
1-b. Would the additional investment be justified?
2. Assume again that Andretti Company has sufficient capacity to produce 105,300 Daks each year. A customer in a foreign market wants to purchase 24,300 Daks. If Andretti accepts this order it would have to pay import duties on the Daks of $1.70 per unit and an additional $12,150 for permits and licenses. The only selling costs that would be associated with the order would be $2.00 per unit shipping cost. What is the break-even price per unit on this order?
3. The company has 700 Daks on hand that have some irregularities and are therefore considered to be "seconds." Due to the irregularities, it will be impossible to sell these units at the normal price through regular distribution channels. What is the unit cost figure that is relevant for setting a minimum selling price?
4. Due to a strike in its supplier’s plant, Andretti Company is unable to purchase more material for the production of Daks. The strike is expected to last for two months. Andretti Company has enough material on hand to operate at 25% of normal levels for the two-month period. As an alternative, Andretti could close its plant down entirely for the two months. If the plant were closed, fixed manufacturing overhead costs would continue at 35% of their normal level during the two-month period and the fixed selling expenses would be reduced by 20% during the two-month period.
a. How much total contribution margin will Andretti forgo if it closes the plant for two months?
b. How much total fixed cost will the company avoid if it closes the plant for two months?
c. What is the financial advantage (disadvantage) of closing the plant for the two-month period?
d. Should Andretti close the plant for two months?
5. An outside manufacturer has offered to produce 81,000 Daks and ship them directly to Andretti’s customers. If Andretti Company accepts this offer, the facilities that it uses to produce Daks would be idle; however, fixed manufacturing overhead costs would be reduced by 30%. Because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only two-thirds of their present amount. What is Andretti’s avoidable cost per unit that it should compare to the price quoted by the outside manufacturer?
Answers
If there is a 30% boost in Andretti Company's sales, an extra $188,400 in income will be produced.
On the other hand, there will be an extra $130,000 charge for fixed selling expenditures.
As a result, the organization will witness a boost of $58,400 in its overall profits.
Would this be a sound financial decision?Making an extra investment of $130,000 would be a sound decision as it would lead to an elevation of $58,400 in the net income.
Here is a more detailed explanation of the calculations:
The company's total variable expenses would increase from $3,839,000 to $4,511,100.
The company's total fixed expenses would increase from $1,053,000 to $1,183,000.
The company's net income would increase from $795,000 to $853,400.
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"B) Recall the last time you ate at an expensive restaurant where you paid the bill. Now think about the last time you ate at a similar restaurant, but your parents paid the bill. Did you order more food (or more expensive food) when your parents paid? Explain how this relates to the agency problem in corporations.
"
Answers
Answer:
When a person goes to an expensive restaurant and the parents pay, this person is likely to order more food than if this person goes and pays himself or herself.
This is because in the first case we have the agency problem, because the principal, the parents, and the agent, the child, do not always act on each other best interests.
In the second case, on the other had, this problem does not exist because principal and agent are the same person, since the person who orders is the same person who pays.
On January 1, 2021, Pine Corporation signed a five-year noncancelable lease for equipment. The terms of the lease called for Pine to make annual payments of $800,000 at the beginning of each year for five years beginning on January 1, 2021 with the title passing to Pine at the end of this period. The equipment has an estimated useful life of 7 years and no salvage value. Pine uses the straight- line method of depreciation for all of its fixed assets. Pine accordingly accounts for this lease transaction as a finance lease. The lease payments were determined to have a present value of $3,335,888 at an effective interest rate of 10%. In 2021, Pine should record interest expense of:______.
a. 333,589
b. 253,589
c. 466,411
d. 546,411
Answers
Answer:
b. 253,589
Explanation:
According to the scenario, computation of the given data are as follows,
Present value of lease payment = $3,335,888
Payment in 2021 = $800,000
Interest rate = 10%
So, we can calculate the interest expense by using following formula,
Interest expense = (Present value of lease payment - Payment in 2021 ) × interest rate
Interest expense = ($3,335,888 - $800,000) × 10%
= $2,535,888 × 10%
= $253,588.8 or $253,589
In 2021, Pine should record interest expense of $253,589
A document given to a customer by the seller requesting payment for goods bought on credit is known as an:
Answers
Answer:
an Invoice
Explanation:
Select the correct answer.
In general, how long does it take to accomplish a long-term goal?
OA.
a few days to a week
OB.
a few weeks to a month
OC.
a few months to a year
OD.
more than a year
