Futura Company purchases the 77,000 starters that It installs In its standard line of farm tractors from a supplier for the price of $11.50 per unit. Due to a reduction in output, the company now has idle capacity that could be used to produce the starters rather than buying them from an outside suppller. However, the company's chief engineer is opposed to making the starters because the production cost per unlt is $11.90 as shown below Per Unit Total Direct materials 6.00 Direct labor 2.20
Supervision 1.90 146, 300 Depreciation 1.10 84,700 Variable manufacturing overhead 8.30
Rent 11.30 30.800
Total product cost S 11.98 If Futura decides to make the starters, a supervisor would have to be hired (at a salary of $146,300) to oversee production. However, the company has sufficlent idle tools and machinery such that no new equlpment would have to be purchased. The rent charge above Is based on space utilized In the plant. The total rent on the plant is $87,000 per period. Depreclation is due to obsolescence rather than wear and tear. Required: What is the financial advantage (disadvantage) of making the 77,000 starters Instead of buylng them from an outside supplier?
Answers
Futura Company decides to make the starters instead of buying them from an outside supplier, the total production cost per unit would be $11.98, which is higher than the purchase price of $11.50 per unit. This results in a disadvantage of $0.48 per unit.
However, if the company decides to make the starters, they would save on purchases and could utilize their idle capacity. The total cost savings would be:
Total purchase cost = $11.50 x 77,000 = $885,500
Total production cost = $11.98 x 77,000 = $922,460
Total cost savings = $885,500 - $922,460 = -$36,960
The financial advantage of making the starters instead of buying them is a disadvantage of $36,960. However, it is important to note that this analysis does not take into consideration the potential long-term benefits of utilizing idle capacity and reducing reliance on outside suppliers.To determine the financial advantage or disadvantage of producing the 77,000 starters instead of purchasing them from an outside supplier, we need to compare the total costs of both options.
If Futura purchases the starters from the supplier:
Cost per unit: $11.50
Total cost: 77,000 starters * $11.50 = $885,500
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Related Questions
Sometimes a liquid can be sitting there and its molecules will become a gas. That’s called
___________________________________________.
Answers
Answer:
Una vez que toda la sustancia está en estado líquido, al continuar calentando vuelve a subir la temperatura y llega un momento en que las fuerzas intermoleculares ya son incapaces de mantener juntas las moléculas del líquido, por lo que éste hierve y se convierte en un gas, se produce la ebullición.
Which of the following are clichés?
Answers
Answer:
2nd scentence
Explanation:
Quick as a flash
Easier said than done
First and foremost
describes employees who are allowed to work remotely.
Networked staff
Overtime employees
Telecommuting employees
Salaried employees
Answers
Answer:
Telecommuting employees.
Explanation:
There are numerous mediums or ways of working in the corporate world. telecommunication is one such way in which the employees are allowed to work from a remote place and do not necessarily need to come to the employer's office to do work.
Telecommunication is also known as work from home, remote work, flexible work, mobile work, etc. among others. This allows the employee to work in his/ her own space, comfort zone and also need not make them go through the hassle of traveling to and back from the office. This, in return, makes it good for the company to reduce costs be it in travel allowances, office space, and other amenities, etc.
Answer:
telecommuting employees
Explanation:
got it right on my quiz
Marketing is the ___________________, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
Answers
Answer:
Activity
Explanation:
Marketing is the activity that is to be conducted for promoting the company goods and services so that the it would create awareness among the people at large
It is an activity process of developing, communiciation, delivering, communicating, the value of customers, clients, society at large
hence, the answer is Activity
how did craft unions and industrial unions differ?
Answers
Answer:
How did craft unions & industrial unions differ? A craft union is made up of skilled workers who work in a specific trade. ... In industrial union there are all different workers regardless of their trade or skill. This could be found in a steel factory.
Choose the correct terms to complete the sentence.
Larry owns his own gym. He is the only owner. His liability is 1.______
a. unlimited
b. partnership
c. limited
d. undetermined
and he runs a 2._____
a. public company
b. sole proprietorship
c. partnership
Neville is the CEO and shareholder of a company that sells household cleaning products. The company has 75 shareholders and is not
traded on a stock exchange. Neville's company is a 3._____
a. sole proprietorship
b. partnership
c. public company
d. private-limited company
and his liability is 4.______
a. limited
b. unlimited
c. undetermined
Answers
Answer:
unlimited
sole proprietorship
private-limited company
limited
Explanation:
HELP PLEASE!!!!!!!!!!!!!!!!!
Answers
Answer:
Supply Curve will shift right. Indicates increase in supply.Explanation:
There will be an increase in supply as a result of this new battery and this would cause the supply curve to shift right.
This increase would come due to an anticipated increase in demand for electric cars. If the cars are able to go for longer, more people would demand them and so to capitalize on this, more producers will enter the market to satisfy this anticipated design thereby increasing supply.
Altamonte Telecommunications has a target capital struc- ture that consists of 45% debt and 55% equity. The company anticipates that its capital bud- get for the upcoming year will be $1,000,000. If Altamonte reports net income of $1,200,000 and it follows a residual dividend payout policy, what will be its dividend payout ratio
Answers
The dividend payout ratio is the proportion of net income distributed to shareholders.
What is dividend payout ratio calculation?The dividend payout ratio is the proportion of net income that is paid out as dividends to shareholders. Under the residual dividend payout policy, a company first funds all capital expenditures and working capital needs and then pays out any remaining earnings as dividends.
To calculate Altamonte Telecommunications' dividend payout ratio, we first need to determine the amount of funds available for dividends after capital expenditures and working capital needs are met. This is called the residual earnings.
Residual earnings = Net income - (Capital expenditures + Working capital needs)
Capital expenditures and working capital needs are not provided in the question, so we cannot calculate residual earnings. However, we can assume that Altamonte Telecommunications is able to fund all of its capital expenditures and working capital needs with its $1,000,000 capital budget, leaving $200,000 in residual earnings available for dividends.
Dividend payout ratio = Dividends / Net income
We can use the residual earnings of $200,000 as the amount of dividends paid out, since this is the amount of earnings available for distribution to shareholders under the residual dividend payout policy.
Dividend payout ratio = $200,000 / $1,200,000
Dividend payout ratio = 0.1667 or 16.67%
Therefore, Altamonte Telecommunications' dividend payout ratio would be 16.67%. This means that for every dollar of net income, the company is paying out 16.67 cents as dividends to its shareholders.
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Pimlico Steel operates an aluminum refining plant in Jamaica. The contract between Pimlico and Jamaica requires the corporation to train Jamaican engineers in the latest processes. Jamaica has most likely required Pimlico to agree to a(n) ________.
Answers
Jamaica has most likely required Pimlico to agree to a(n) **technology transfer**.
A technology transfer is a contractual agreement or requirement whereby one party, in this case, Jamaica, mandates or requests another party, Pimlico Steel, to share or transfer technological knowledge, processes, or expertise. In this scenario, Pimlico is operating an aluminum refining plant in Jamaica, and as part of the contract, Jamaica has imposed the obligation for Pimlico to train Jamaican engineers in the latest processes.
By requiring Pimlico to engage in technology transfer, Jamaica aims to enhance its domestic capabilities and promote knowledge transfer within the country. This practice allows for the development of local expertise, promotes economic growth, and strengthens the technological infrastructure of the host country.
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PLZ help I’m so tired!! SIS GOTTA GO SLEEP!!
which upset customer handling technique requires responding quickly and in a businesslike tone with abuse cursing and threats are present?
A. Let them talk
B. Resolve the problem
C. Identify the problem
D. Don’t tolerate abuse
Answers
Answer:
my answer is a.let them talk
Don’t tolerate abuse handling technique requires responding quickly and in a businesslike tone with abusive cursing and threats present.
Thus, option D is correct.
What is a customer handling technique?The customer handling technique allows representatives to summarise and reiterate the client's issue, listening intently to a company’s customers is a crucial customer service ability. The customer will feel as though their problem is addressed if you do this.
The customer handling technique will not allow anyone to say wrong words or bad words to another piece. There it is important that no one should they are allowed to abuse another being. Even if it is a customer then there should be respectfully told so.
Therefore, option D is the correct option.
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the use of debt financing to purchase food, clothing, vacations, and other non-durable items
Answers
The use of debt financing to purchase non-durable items, such as food, clothing, vacations, and other consumable goods, is a common practice among individuals and households. This type of debt is often incurred through the use of credit cards or personal loans.
While debt can provide immediate access to goods and services that may not be affordable upfront, it also comes with certain financial implications. Here are some points to consider regarding the use of debt financing for non-durable items:
1. Interest Payments: When you finance non-durable items with debt, you typically have to pay interest on the borrowed amount. This increases the overall cost of the goods and can lead to long-term financial obligations.
2. Repayment Terms: Debt financing requires regular payments to repay the borrowed amount. Failure to make timely payments can result in additional fees, penalties, and damage to your credit score.
3. Budgetary Constraints: Taking on debt for non-durable items can impact your monthly budget and limit your ability to save or invest for long-term goals. It's essential to consider the impact on your overall financial health and ability to meet other financial obligations.
4. Risk of Overspending: Using debt to finance non-durable items can create a temptation to overspend beyond your means. It's important to practice responsible borrowing and avoid accumulating excessive debt that may become difficult to manage.
5. Evaluation of Needs vs. Wants: Before using debt to finance non-durable items, it's crucial to evaluate whether the purchase is a necessity or a discretionary expense. Prioritizing needs over wants can help you make informed decisions about borrowing.
Overall, the use of debt financing for non-durable items should be approached with caution. It's important to consider your financial situation, repayment capacity, and long-term financial goals before taking on debt. Developing responsible spending habits and maintaining a balanced approach to debt can help ensure your financial well-being in the long run.
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Bakery has bought 250 pounds of muffin dough. They want to make waffles or muffins in half-dozen packs out of it. Half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. It take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. Their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. How many of each should they make to maximize profit, if they have just 20 hours to do everything?
Answers
Answer and Explanation:
The number of packets of waffles is W
and the number of muffins are M
The weight of dough is 250 pound and a pack of muffins requires 1 lb of dough whereas a pack of waffles uses 3/4 lb of dough.
3÷4W+M≤250
Multiplying both sides by 4
3W+4M≤1000
It takes bakers 6 minutes to make a packer of waffles and 3 minutes to make a pack of muffins, the total time available is 20 hours or 1200 minutes.
3M+6M≤1200
Minus the initial equation from the new equation:
(3M+6M≤1200)−(3W+4M≤1000)
2M≤200
Dividing equation by 2
M≤100
For M≤100
3W+4M≤1000
3W≤1000−4M
For the Maximum values of M
the least value of W is obtained
3W≥1000−4×100
3W≥600
Dividing the equation by 3
W≥300
For maximum profit, the number of waffles and muffins is taken as 300 and 100 respectively :
1.5∗300+2∗100
=650
Raw malerials purchased RS - 150.000 Direct wages RS 100000 Factory averhead (Based on direct labour cost) es 50,000 othice 4 xaministrative expenses (Based on work cost) 60,00 probit 20% on cost This year the company is going to submit a tender which requires the following experses. Rawmatenal RS 50,000 Direct labour 40,000 a) cost sheet. b) Tender sheet showing tender price
Answers
a) Cost Sheet refers to the statement showing per unit cost of product manufactured. It is a document that represents the various elements of total cost incurred by a company in the production of a particular product. Below is the cost sheet for the given data:
Raw Materials Purchased=150,000
Direct Wages=100,000
Factory Overhead (Based on Direct Labour Cost)=50,000
Office & Administrative Expenses (Based on Work Cost)=60,000
Cost of Production=360,000
Profit (20% on Cost)=72,000
Total Cost (Cost of Production + Profit)=432,000
Number of Units Produced=20,000
Per Unit Cost (Total Cost / Number of Units Produced)=21.6
b) Tender Sheet The Tender Sheet is used to show the tender price. It is the process of making an offer to the customer to supply goods or services at an agreed-upon price.
The tender sheet for the given data is shown below:
Raw Materials=50,000
Direct Labour=40,000
Cost of Production (Raw Materials + Direct Labour)=90,000
Profit (20% on Cost of Production)=18,000
Tender Price (Cost of Production + Profit)=108,000
Therefore, the tender price for the given data is RS 108,000.
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in making mortgage loans, the policies of the financial institutions making these loans are least likely to be influenced by: select one: a. availability of other investments to the institution. b. potential future value of the property. c. borrower's income. d. borrower's need for the loan.
Answers
Borrower's need for the loan is the least likely factor to influence the mortgage loan policies of the financial institutions. This is because the financial institutions are more interested in the profitability, risk, and repayment of the loan, rather than the personal needs of the borrower. Thus, option D will be the correct response.
In making mortgage loans, the policies of financial institutions are least likely to be influenced by the borrower's need for the loan. Financial institutions primarily consider factors that directly affect the repayment ability and risk associated with the mortgage. Let's break down the other options:
a. Availability of other investments to the institution: Financial institutions may consider the availability of other investments as it relates to their overall lending strategy and portfolio diversification.
b. Potential future value of the property: Financial institutions assess the potential future value of the property to evaluate the risk of the loan and the collateral's worth in case of default.
c. Borrower's income: Financial institutions typically consider the borrower's income to determine their repayment capacity. It helps them assess the borrower's ability to make regular mortgage payments.
d. Borrower's need for the loan: While the borrower's need for the loan may be a factor for their own decision-making process, financial institutions focus more on assessing the borrower's ability to repay the loan.
In summary, among the given options, the borrower's need for the loan (option D) is least likely to influence the policies of financial institutions making mortgage loans.
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What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
Answers
Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
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How should the headings of a resume be formatted so that they are clear and easy to find?
a. bold and italicized
b. capitalized and bold
c. underlined and italicized
d. capitalized and underlined
Answers
Answer:
B. capitalized and bold
Explanation:
Please mark my answer as the Brainiest!!!
Got it correct on Edge.
What are some benefits of paying taxes? Check all that apply.
ensuring that the needs of the nation are fulfilled
paying for public works such as highways and museums
reducing the amount of money consumers can spend
slowing growth in the economy
paying for government programs that help citizens
Answers
Answer:
A,B,E
Explanation:
got it right on test
Answer:
a b e
Explanation:
right on edge
Producers can create their maximum combination of goods, as long as they: a. Stay within the production possibility curve b. Use all of their available resources c. Produce goods that are in high demand d. None of the above
Answers
d. None of the above
Producers cannot create their maximum combination of goods solely based on staying within the production possibility curve, using all available resources, or producing goods that are in high demand.
a. Staying within the production possibility curve means operating at maximum efficiency, utilizing all available resources to produce goods and services. However, the production possibility curve represents the limits of production given the available resources and technology, so it does not guarantee the maximum combination of goods.
b. While using all available resources is important for efficient production, it does not guarantee the maximum combination of goods. Factors such as technological limitations, market demand, and resource allocation also play crucial roles.
c. Producing goods that are in high demand is essential for profitability, but it does not automatically result in the maximum combination of goods. Market demand fluctuates, and producers need to consider various factors like costs, competition, and consumer preferences when deciding their production mix.
To achieve the maximum combination of goods, producers must consider a range of factors, including available resources, production efficiency, market demand, profitability, and strategic decision-making.
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loise inc., a manufacturing company, forecasts that total overhead for the current year will be $19,250,000, and total machine hours will be 350,000 hours. however, the actual overhead is $6,095,000, and the actual machine hours are 142,000 hours. if the company uses a predetermined overhead rate based on machine hours for applying overhead, what is the predetermined overhead rate?
Answers
As per the given accounting information, it can be ascertained that the predetermined overhead rate for Loise Inc will be $55 per machine hour.
The calculation of the predetermined overhead rate is done in a way by the use of given values into the known formula. The methods of the same are as shown below.
Predetermined overhead rate = Overheads utilized / Machine Hours
Predetermined overhead rate = 13155000 / 208000
Predetermined overhead rate = 63.2
Therefore, the predetermined overhead rate will be $63.2 per hour.
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Firms pursuing a transnational strategy: A) require very few integrating mechanisms. B) Have a low need for coordination. C) have a very high need for cultural controls. D) operate with a worldwide product division structure.
Answers
Firms pursuing a transnational strategy typically option d) operate with a worldwide product division structure, which enables them to leverage economies of scale and scope across different markets.
However, this strategy also involves a very high need for cultural controls, as companies must adapt to local cultures and preferences while maintaining a consistent global brand image. Additionally, transnational firms require a significant amount of coordination and integrating mechanisms to ensure that business operations are aligned and optimized for efficiency. These mechanisms may include information systems, cross-functional teams, and standardized processes. Overall, the success of a transnational strategy depends on a company's ability to balance the need for global integration with local responsiveness.
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if many workers become discouraged from looking for jobs, explain how the number of jobs could decline but the unemployment rate could fall at the same time.
Answers
The number of jobs can decline while the unemployment rate falls if many discouraged workers stop actively looking for jobs, causing them to be excluded from the labor force calculation.
The number of jobs can decline while the unemployment rate falls if there is a significant decrease in the labor force participation rate due to discouraged workers.
Discouraged workers are individuals who have given up looking for employment because they believe there are no job opportunities available for them or they have faced persistent rejections in their job search.
When discouraged workers exit the labor force and stop actively seeking employment, they are no longer counted as unemployed. This means that they are not included in the unemployment rate calculation, which is determined by the number of unemployed individuals divided by the labor force.
As a result, the unemployment rate may appear to decline even if the actual number of available jobs has decreased.
In this scenario, the decline in the number of jobs is not captured by the unemployment rate because it does not consider those who have dropped out of the labor force entirely.
While the unemployment rate may provide an incomplete picture of the labor market, it is essential to consider both the number of jobs available and the labor force participation rate to fully understand the employment situation in an economy.
Overall, a decline in the number of jobs accompanied by a falling unemployment rate can be indicative of discouraged workers leaving the labor force, which can distort the true employment landscape.
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Businesses that want to improve their ability to quickly identify and exploit business opportunities that have previously gone unnoticed are most likely to invest in _____.
Answers
Businesses that want to improve their ability to quickly identify and exploit business opportunities that have previously gone unnoticed are most likely to invest in data mining and analytics tools.
This is because data mining is the process of extracting valuable information from large data sets, while analytics is the application of statistical methods and algorithms to that data.Data mining and analytics tools provide businesses with the ability to identify patterns, trends, and insights from large amounts of data that would be otherwise impossible to detect. By using data mining and analytics, businesses can identify new market trends, customer preferences, and potential new products or services that they can offer to increase revenue.
Data mining and analytics can also help businesses identify areas of inefficiency or waste within their operations, allowing them to make data-driven decisions that can lead to increased efficiency and cost savings. By identifying areas for improvement, businesses can optimize their operations and improve their bottom line. By investing in data mining and analytics tools, businesses can gain a competitive advantage and be better equipped to capitalize on new business opportunities.
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Persuasive communications and accurate product distribution are techniques used by firms to ______ market segments.
Answers
Persuasive communications and accurate product distribution are techniques used by firms to reach market segments.
Answer: It is reach.
Cameron is trying to decide whether to invest in real estate or in preferred stocks. What is true about preferred stocks and real estate that might convince cameron to choose preferred stocks over real estate?.
Answers
One advantage of preferred stocks over real estate is that Cameron will receive a cash payment each year, whereas this is not the case with preferred equities.
What does real estate mean?Real estate includes both naturally occurring and man-made structures that are continuously affixed to or built on land. Residential, commercial, corporate, raw land, and special use are the five main divisions of real estate.
What does "real estate" mean exactly?In contrast to personal estate, such as garments or furniture, real is used in Middle English to designate to interest in land (i.e., a dwelling, building, or structure) in a legal setting. Latin is where the word estate first appeared, and
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Answer:
the answer is B
Explanation:
see how i didnt make a complictated explanation so you could get the answer with out having to read the bible :)
paint company sold $1,400 of paint on account to a client. how should paint company record this transaction?
Answers
When the paint company sells $1,400 of paint on account to a client, they should create an invoice and record the transaction as an accounts receivable entry.
First, it's important to understand what a transaction is. A transaction is any business activity that involves the exchange of goods or services for money or other goods or services. In this case, the paint company is engaging in a transaction by selling paint to a client.
The paint company should then record the transaction in their accounting records. They should create an accounts receivable entry, which represents the amount of money owed to the company by the client. The accounts receivable entry should show that the paint company is owed $1,400 by the client.
When the client pays the paint company at a later date, the paint company should record another transaction to reflect the payment
They should create a cash entry, which represents the amount of money received from the client, and reduce the accounts receivable entry by the same amount.
This transaction shows that the client has paid the money owed to the paint company.
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A short-term creditor is primarily interested in the __________ of the borrower.
Answers
Answer:
A short-term creditor is primarily interested in the liquidity of the borrower.
Click this link to view O*NET’s Tasks section for Heating and Air Conditioning Mechanics and Installers. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks Heating and Air Conditioning Mechanics and Installers perform? Check all that apply.
joining pipes or tubing to equipment and to fuel, water, or refrigerant source
pumping oil from a well into a pipeline for transmission
overseeing the activities of workers in a hydroelectric power plant
testing pipe, or tubing joints or connections for leaks
reassembling and testing equipment
testing electrical circuits or components
Answers
Answer:
A, D, E , F
Explanation:
Just finished the assignment.
Answer:
The correct answer is A C D F
Explanation:
an existing condition or set of circumstances involving uncertainty about a possible loss that will ultimately be resolved when some future event occurs or fails to occur is a
Answers
An existing condition or set of circumstances involving uncertainty about a possible loss that will ultimately be resolved when some future event occurs or fails to occur is a loss contingency.
A contingency plan is a route of movement designed to assist an enterprise reply efficaciously to a substantial destiny incident, event, or state of affairs that can or may not appear.
“The purpose of any contingency plan is to allow an organization to go back to its daily operations as fast as feasible after an unforeseen occasion.
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A debit in the T-Account for 'Cash' may be balanced by a credit in which of the following?
A. Equipment
B. Inventory
C. Accounts Payable
D. All of the Above
Answers
Answer:
B
Explanation:
The moving-average forecasting method assigns equal weights to each value that is represented by the average. true false
Answers
The moving-average forecasting method assigns equal weights to eacvalue that is represented by the average.The statement is False.
The statement is false. The moving-average forecasting method does not assign equal weights to each value. In fact, the weights assigned in the moving-average method are typically unequal and decrease in a linear or exponential manner as you move further back in time. This means that more recent data points are given higher weights, while older data points have lower weights. The purpose of this weighting is to place greater emphasis on recent observations, as they are considered to be more relevant and reflective of current trends.
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