X - Perience manufactures snowboards. Its cost of making 1,880 bindings is as follows EEB (Click the icon to view the costs.) Suppose an outside supplier will sell bindings to X- Perience for $16 each. X Perience will pay $3.00 per unit to transport the bindings to its manufacturing plant, where it will add its own logo at a cost of $0.50 per binding Read the requirements. Requirement 1. X -Perience's accountants predict that purchasing the bindings from the outside supplier will enable the company to avoid $2,100 of fixed overhead. Prepare an analysis to show whether x - Perience should make or buy the bindings. (Enter a "O" for any zero balances. Round any per unit amounts to the nearest cent and your final answers to the nearest whole dollar. Use a minus sign or parentheses in the Difference column when the cost to make exceeds the cost to buy.) \
Answers
X-Perience should make or buy the bindings, we need to compare the cost of making them to the cost of buying them from the outside supplier.it would be more cost-effective for X-Perience to buy the bindings from the outside supplier. The cost to make is $10.62 per unit, while the cost to buy is only $19.50 per unit. Therefore, the difference is $8.88 per unit in favor of buying.
This means that X-Perience can save $16,656 ($8.88 x 1,880 units) by purchasing the bindings from the outside supplier instead of making them in-house.Currently, X-Perience manufactures 1,880 bindings. To analyze the costs, we need to consider the cost of purchasing bindings, transportation, and adding the logo.
Cost of purchasing bindings from an outside supplier:
- Cost per binding: $16
- Transportation cost per binding: $3
- Logo cost per binding: $0.50
- Total cost per binding: $16 + $3 + $0.50 = $19.50
- Total cost for 1,880 bindings: $19.50 * 1,880 = $36,660
- Total cost: $36,660 - $2,100 = $34,560
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Related Questions
Shaw Industries, a giant carpet manufacturer, increases its control over raw materials by producing much of its own polypropylene fiber, a key input to its manufacturing process. This is an example of
A. creating value by using related diversification to acquire market power by integrating vertically.
B. related diversification to acquire market power by pooling negotiating power.
C. related diversification to acquire economies of scope by integrating vertically to acquire market power.
D. related diversification to acquire economies of scope by leveraging core competencies.
Answers
It is an example of creating value by using related diversification to acquire market power by integrating vertically.
Market power can be defined as the degree to which a company can influence the prices of its goods and services. The larger the concentration of a firm in an industry, the higher its market power. For example, if the a firm constitutes 75% of an industry, its market power would be higher than that of a firm that constitutes 10% of an industry.
Vertical integration is when a firm expands its production capabilities by undertaking production of goods on its supply chain. An example is when the carpet manufacturer begins to produce its raw materials instead of buying it from third parties.
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Smart Wash is a popular brand of detergent powder. The stock needs to be continuously replenished in stores and supermarkets due to its high demand. The detergent powder belongs to the category of
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Complete Question:
Smart Wash is a popular brand of detergent powder. The stock needs to be continuously replenished in stores and supermarkets due to its high demand. The detergent powder belongs to the category of?
Group of answer choices
A. expected merchandise
B. sample merchandise
C. staple merchandise
D. seasonal merchandise
E. fashion merchandise
Answer:
C. Staple merchandise.
Explanation:
In this scenario, Smart Wash is a popular brand of detergent powder. The stock needs to be continuously replenished in stores and supermarkets due to its high demand. The detergent powder belongs to the category of staple merchandise.
A staple merchandise typically comprises of finished goods, which are regularly being purchased, displayed and sold by the retailers in order to meet the need or want of the consumers. Some examples of staple merchandise are detergent powder, bread, milk, egg, butter, salt, sugar etc.
Reading market news by non-U.S-based publications will help:
Answers
Answer:
broadening the investor base and also allowing them to become better integrated into the local business scene.
Explanation:
According to o*net, what is another name used for financial analysts? provisional officer credit products officer wealth advisor certified financial planner (cfp)
Answers
D) According to ONET, another name is used for financial analysts' certified financial planners (CFP).
A Certified Financial Planner (CFP) is a professional designation granted by the Certified Financial Planner Board of Standards to those who have completed a series of educational requirements, passed an exam, and met other ethical and experience requirements.
CFPs are trained to provide advice on a variety of financial topics, including investments, retirement planning, estate planning, insurance, and tax planning. Financial Analysts and Certified Financial Planners are often considered interchangeable, as both provide similar services.
Therefore, the correct answer is D) Certified Financial Planner (CFP).
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Answer:
credit products officer
Explanation:
edge
Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answers
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
Bank telers need a community college degree.
A. True
B. False
Answers
which type of listening skill is particularly significant in a state legislature or a corporate board of directors?
Answers
Critical is the type of listening skill is particularly significant in a state legislature or a corporate board of directors.
What is state legislature?A state legislature is a legislative branch or body of a political subdivision in a federal system.
Two federations literally use the term "state legislature":
The legislative branches of each of the fifty state governments of the United States are known as state legislatures. Six territorial legislatures also exist.The legislative branches of the twenty-eight state governments of India are known as state legislatures. In addition, three union territorial legislatures also exists.What is listening skill?Listening involves receiving sound, understanding the message conveyed in the sounds you hear, evaluating the message, and responding to it.
People with good listening skills are able to comprehend what they hear and respond appropriately.
Listening within the work context is the process by which you gain an understanding of the needs, demands, and preferences of your stakeholders through direct interaction. A stakeholder could be anyone from your boss, a client, customer, co-worker, subordinate, upper management, board member, interviewer, or job candidate.
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why is freshness of ingredients important in salad preparation
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The fresher the ingredients of the salad the better and more authentic the taste of the ingredients. This is because fresh ingredients provide the most flavour compared to ingredients contained with preservatives.
Fresh ingredients are also better for your health. Because there aren’t any preservatives and extra chemicals and oils, it fulfills the purpose of the salad.
Although fresh ingredients may not be cheap to buy, in the long run it will be better for you body because it won’t be filled with processed foods. Instead it will be filled with fresh ingredients that are beneficial to your health.
A.j. henry company, maker of high quality flashlights, has experienced steady growth over the last 6 years. however, increased competition has led mr. henry, the president, to believe that an aggressive campaign is needed next year to maintain the company's accountant has presented mr.henry with the following data for the current year, 2021, for use in preparing next year's advertising campaign.
Answers
The given information describes the situation of A.J. Henry Company, a flashlight manufacturer, which has experienced consistent growth in the past six years. However, due to increased competition, Mr. Henry, the company president, believes that an aggressive advertising campaign is necessary to sustain the company's growth.
To prepare for the next year's campaign, the company's accountant has provided Mr. Henry with data for the current year, 2021. This data is crucial for assessing the company's performance, identifying areas of opportunity or concern, and formulating an effective advertising strategy for the upcoming year. By analyzing this data, Mr. Henry can make informed decisions to address the challenges posed by increased competition and maintain the company's growth trajectory.To learn more about consistent
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Question 6 of 20
which skill is part of financial literacy?
o a. calculating the national debt
o b. identifying barriers to trade
o c. comparing trade blocs
d. planning for retirement
Answers
The skill which is a part of financial literacy is the calculation of national debt.
Option A is the correct answer.
What is financial literacy?Financial literacy is the capability of an individual to make informed decisions regarding the management of monetary matters.
The skills which are required in financial literacy are the capability to utilize the financial data and resources for evaluating the financial dues, credits, investments, borrowings, and budgetary statements for future use.
Therefore, the computation of national debt is regarded as one of the components of financial literacy.
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Determine whether the following production functions are constant, decreasing, or increasing returns to scale. a. F(K,L) = 3K + 2L b. F(K,L)= K¹/312/3 c. F(K,L)= K¹/² + ¹/2 | d. F(K,L) = 3K + 2L+1
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a. F(K, L) = 3K + 2L Returns to scale: Constant returns to scale
b. F(K, L)= K¹/31 2/3 Returns to scale: Constant returns to scale
c. F(K, L)= K¹/² + ¹/2 Returns to scale: decreasing returns to scale
d. F(K, L) = 3K + 2L+1 Returns to scale: no returns to scale
The production function displays constant returns to scale if the output rises in the same ratio as the inputs.
The production function displays declining returns to scale when the ratio of input to output growth is less.
The production function shows increasing returns to scale when the ratio of input to output grows.
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What is the first step in the federal budget process?
a. Congress debates and compromises on a budget
b. Federal agencies propose spending
c. Executive branch creates a budget
d. President signs or vetoes budget
Answers
Answer:
executive branch create a budget
Explanation:
i think in every budget process the first step is to plan or create a budget
The Executive branch creates a budget, which is the Frist step in the federal budget process. Therefore option C is correct.
What is Budget?
A spending plan based on income and costs is called a budget. In other words, it's a projection of your income and expenses for a specific time frame, like a month or a year.
You can always have enough money for the things you need and the things that are crucial to you because budgeting helps you to make a spending plan for your money. Maintaining a budget or spending plan will also assist you in remaining out of debt or, if you are already in debt, in overwhelming it.
Depending on the specific area of the business that has to be prioritized, different budgets can be prepared. Below are three examples of common budgeting plans.
Forecast Budget
Performance Budget
Cash Budget
Hence, firstly executive branch creates a budget.
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Explain why socialist societies do not use a circular flow chart.
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What are the additional costs you pay each year in order to borrow money in loans? This includes both interest and fees.
A: Annual Percentage rate (ARP)
B: Variable Interest
C: Origination Fees
d: Fixed interest
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The annual percentage rate is the additional cost that you pay monthly in order to borrow money in loans.
What is the annual percentage rate?This rate is also expressed as the interest rate. It is the amount that one is charged for the money that they borrowed.
This amount is the actual cost of the loan that they got which is expressed in percentages.
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The Jenkins Corporation has purchased an executive jet. The company has agreed to pay $200,000 per year for the next 10 years and an additional $1,000,000 at the end of the 10th year. The seller of the jet is charging 6% annual interest.
Answers
Answer:
Liability will be $2,030,412
Explanation:
We need to calculate the present value of future cash flows in order to determine the liability value.
Liability to be recored = PV of $200,000 payment for 10 years at 6% + PV of $1,000,000 at the end of year 10 at 6%
As we know the payment of $200,000 for 10 years is the annuity payment.
Liability to be recored = $200,000 x ( 1 - ( 1 + 6% )^-10 /6% + ( $1,000,000 x ( 1 + 6% )^-10
Liability to be recored = $1,472,017.41 + $558,394.78 = $2,030,412.18
Government policy, whether National, Provincial or Local, has important implications. The South African Government will have to introduce legislation to provide policy guidelines on how they intend addressing developmental problems. Policies may result as government attempt to deal with identified problems. Normally, such problems are often indicated by/through certain sources (entities), often referred to as the ‘origins of policy’.
By using appropriate examples to illustrate your understanding, and critically discuss the role of the
-Political-executive; and
-Commissions/committees of enquiry. (Including the advantages and disadvantages) as origins of policy. And Reference the answers
Answers
The political-executive and commissions of inquiry play key roles in policy formation, providing leadership, expertise, independence, but facing limitations and challenges.
The political-executive and commissions/committees of inquiry play significant roles as origins of policy in government. Let's discuss each of them in detail:
1. Political-Executive:
The political-executive refers to the branch of government responsible for making and implementing policies. In South Africa, the political-executive consists of the President, Cabinet Ministers, and other high-ranking government officials. They are elected or appointed to their positions and have the authority to shape policies in response to developmental problems.
Role:
The political-executive formulates policies by identifying key issues and challenges facing the country. They consider input from various stakeholders, experts, and government departments to develop policy guidelines. For example, if South Africa is facing high unemployment rates, the political-executive may introduce legislation to promote job creation through targeted programs, tax incentives, or infrastructure development.
Advantages:
a) Leadership: The political-executive provides strong leadership in setting the policy agenda and direction for the government.
b) Decision-making power: They have the authority to make crucial decisions and implement policies promptly.
c) Accountability: Since the political-executive is elected or appointed, they are accountable to the public, and policy decisions can be evaluated through regular elections.
Disadvantages:
a) Lack of expertise: The political-executive may lack technical expertise in specific policy areas, leading to potential gaps in policy formulation.
b) Political bias: Policies may be influenced by political considerations, party ideologies, or special interest groups, rather than being solely driven by the best interests of the country.
c) Limited consultation: There might be limited consultation with stakeholders and the public during policy development, leading to a lack of diverse perspectives.
2. Commissions/Committees of Inquiry:
Commissions or committees of inquiry are independent bodies established by the government to investigate specific issues or problems and make recommendations for policy actions. These bodies are composed of experts, professionals, and individuals with relevant knowledge and experience.
Role:
Commissions/committees of inquiry are tasked with conducting comprehensive investigations into specific problems or issues. They gather evidence, hold public hearings, consult stakeholders, and analyze data to understand the causes and potential solutions. For example, a commission of inquiry may be established to investigate allegations of corruption within government institutions and propose measures to address the issue.
Advantages:
a) Independence: Commissions/committees of inquiry are independent of the government, ensuring that investigations are conducted without political interference.
b) Expertise: These bodies consist of experts with specialized knowledge, allowing for in-depth analysis and informed recommendations.
c) Public trust: The impartial nature of commissions/committees enhances public trust in the policy process, as their recommendations are seen as objective and evidence-based.
Disadvantages:
a) Time-consuming: Commissions/committees of inquiry can take a significant amount of time to complete their investigations, delaying policy implementation.
b) Cost: Establishing and operating commissions/committees can be expensive, requiring financial resources that could be allocated elsewhere.
c) Limited implementation power: While commissions/committees can make recommendations, their ability to enforce policy changes is limited, and government action may not always align with their findings.
In conclusion, the political-executive and commissions/committees of inquiry serve as important origins of policy in South Africa. The political-executive provides leadership, decision-making power, and accountability, but may face challenges related to expertise, political bias, and limited consultation. Commissions/committees of inquiry offer independent investigations, expertise, and public trust, but can be time-consuming, costly, and have limited implementation power.
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which ratio will increase in a liability fraud? a. total liabilities/total assets b. lease expense/total fixed assets c. interest expense/notes payable d. accounts payable/purchases
Answers
The ratio that will increase in a liability fraud is a. total liabilities/total assets.
This is because liability fraud involves artificially inflating or creating non-existent liabilities, which will cause the total liabilities to increase, leading to a higher ratio of total liabilities to total assets. liability fraud involves an increase in the company's reported liabilities, which will result in a higher ratio when compared to the total assets. The other ratios mentioned - lease expense/total fixed assets, interest expense/notes payable, and accounts payable/purchases - are not directly affected by liability fraud.
Lease expenses are contracts in which the property/asset owner allows another party to use the property/asset in exchange for some consideration, usually money or other assets.
Notes payable are written contracts that typically serve the purpose of paying debts through credit companies and financial institutions, whereas accounts payable involve the suppliers of goods and services.
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a company has six candidates who are running for four available positions on its board of directors. if the company is using cumulative voting, what's the maximum number of votes that a shareholder can cast for one candidate if she owns 500 shares?
Answers
If the company is using cumulative voting, the maximum number of votes that the shareholder can cast for one candidate is 2,000.
Cumulative voting is a type of voting system that allows shareholders to cast all their votes for one candidate, rather than distributing their votes among multiple candidates.
If a shareholder owns 500 shares and the company is using cumulative voting, the maximum number of votes that the shareholder can cast for one candidate is calculated as follows:
Total number of votes = number of shares x number of positions to be filled
Total number of votes = 500 x 4
Total number of votes = 2,000
The shareholder can allocate all 2,000 votes to one candidate or split the votes among the candidates as desired.
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Which of the following are traits of successful entrepreneurs?
quits when he or she fails
doesn't make the same mistake twice
is self-assured
relies on everyone else to get the job done
Answers
Answer:
Self assured and doesn't make the same mistake twice
Explanation:
Hope this helps!
what is construction production
Answers
Answer:
The production in construction index is a business-cycle indicator which measures the monthly changes in production of buildings (residential and non-residential) and of civil engineering (roads, railways, bridges, tunnels, utility projects).
What percentage of job opening are published?
a 10% 15%
C. 3096 - 359
d. 35% 40%
Please select the best answer from the choices provide
Answers
wait:( is there's no b because my answer on my own work is b
What are ethics ? In business
Answers
Answer: Business ethics are policies that guide the behavior of corporate entities, especially regarding controversial subjects.
Business ethics protect companies from legal liability and ensure that they treat their customers and team members with respect.
Corporate ethics codes often include subjects like social responsibility, insider trading, discrimination, corporate governance and bribery.
Explanation:
What is the answer?? I need help
Answers
Economic classes
Explanation:
they are all fit within the category about what the main question is
Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum gain when a butterfly spread is created from these put options?
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Answer:
hiii...myself tanvi new on brainly...can get some help from you plz....to know the people
Which situation best illustrates the economic concept of opportunity cost
Answers
Answer: a business spends money on new computers, so it can’t afford de office furniture
Explanation:
A company can't afford office furniture because it's spending money on new computers. As computers are more important than the furniture for working.
What is opportunity cost ?opportunity cost is the choosing the best alternative use of that resources, as per the economist. It is also the profit suffered when one alternative is chosen over another.
Example of opportunity cost is the if a person has spent the time and money in purchasing the gadgets, then he is not able to purchase the books.
Thus, A company can't afford office furniture because it's spending money on new computers.
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If in a dictatorship economy, 85% of a nation's wealth is controlled by one dictator and the rest of the population shares the rest 15%, is this outcome Pareto Efficient? Explain why or why not. If this is not Pareto Efficient, suggest a Pareto Improvement transaction.
Answers
Pareto efficiency is a state of resource allocation in which it is impossible to make one person better off without making another person worse off. In the case where 85% of a nation's wealth is controlled by one dictator.
while the remaining 15% is shared among the rest of the population, this outcome is not Pareto Efficient. Pareto efficiency would be attained if the distribution of wealth was such that all parties involved could not be made better off without making at least one party worse off. In the scenario given above, the fact that 85% of the wealth is controlled by one individual already violates this definition of Pareto efficiency.
Therefore, this outcome is not Pareto efficient as a large percentage of the population does not benefit from the distribution of wealth. In order to attain Pareto efficiency, a Pareto improvement transaction is needed.
For instance, the dictator could redistribute the wealth to provide for a more equitable distribution so that the remaining 15% of the population can enjoy a larger share of the resources. This would result in a more Pareto efficient outcome.
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please help me ive been stuck on this problem :( ((update i solved it))
Answers
The return on equity that Pam would have is going to be 10 percent.
What is meant by Return on Equity?Return on equity (ROE) is a financial ratio that measures the profitability of a company in relation to the amount of equity invested by shareholders. It is calculated by dividing net income by shareholder equity.
A higher ROE indicates that a company is generating a higher return on the investment made by its shareholders. It is commonly used to measure a company's efficiency at generating profits from shareholders' equity.
The formula is given as
net income / shareholders equity * 100
= 100 / 1000 * 100
= 0.1 * 100
= 10%
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A contract is valid only if both of the parties entering into it have the capacity to do so. true false
Answers
The law considers three groups of people as being incapable of signing contracts: children, people with psychological disorders, and people who are intoxicated.
What are psychological disorders?Examples of psychological impairments include manic depression, bi-polar disorder, schizophrenia, personality disorders, PTSD, anxiety disorders, delusional disorders, and eating disorders. Different psychological conditions may hinder education in different ways.
A mental sickness is a pattern of behavior or thought that considerably hinders human functioning or results in extreme misery. It is also referred to as a mental illness or psychiatric condition. These traits could be constant, relapsing, or only noticeable during particular episodes. There have been many illnesses identified, and each one has a different set of signs and symptoms.
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What is the structure of Public corporation
Answers
Public corporate structures are managed by a board of directors. The members of the board are from all walks of industry and commerce. The chairmen of these corporations are appointed by the government. The entire capital is financed by the government.
The excess of the cost of an acquired company over the sum of the market value of its net assets is ________.
Answers
The excess of the cost of an acquired company over the sum of the market value of its net assets is called goodwill.
Goodwill represents the intangible value that an acquiring company pays for when it acquires another company. It occurs when the cost of acquisition exceeds the fair market value of the net assets of the acquired company. To understand this concept, let's consider an example. Suppose Company A acquires Company B for $10 million. The net assets of Company B, including its cash, inventory, property, and liabilities, are valued at $7 million. In this case, the excess of $3 million ($10 million - $7 million) represents goodwill.
Goodwill can arise from various factors, such as the acquired company's brand reputation, customer relationships, patents, intellectual property, and other intangible assets. It reflects the value of the acquired company's positive reputation, customer loyalty, and potential for future earnings. Goodwill is recorded as an intangible asset on the balance sheet of the acquiring company. It is subject to an annual impairment test to ensure its value does not decline over time. If the value of goodwill does decrease, the acquiring company may need to write down or impair its value.
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