Answer:
$6.5 per unit
Explanation:
Given the above information, we know that the formula to calculate unit contribution margin is
= Contribution margin / Total number of calculators sold
Given that;
Total number of calculators sold = 370,000
Sales = $3,700,000
Variable cost = $1,295,000
First, we need to calculate the contribution margin
= Sales - Variable cost
= $3,700,000 - $1,295,000
= $2,405,000
Therefore, the unit contribution margin
= $2,405,000 / 370,000
= $6.5 per unit.
The constraint at Rauchwerger Corporation is time on a particular machine. The company makes three products that use this machine. Date concerning those products appear below.
WX KD FS
Selling price per unit $335.20 $228.48 $199.23
Variable cost per unit $259.22 $173.04 $159.57
Minutes on the constraint 7.70 4.50 5.70
Assume that sufficient time is available on the constrained machine to satisfy demand for all but the least profitable product. Up to how much should the company be willing to pay to acquire more of the constrained resource? Round intermediate calculations to 2 decimal places.
a. $75.98 per minute
b. $6.96 per minute
c. $39.66 per minute
d. $12.32 per minute
Answer:
the least profitable is $39.66 per unit or 9.72 per minute
Explanation:
The computation is shown below:
The Price Per Unit for WX is
= $355.20 - $259.22
= $95.98
Price Per Unit for KD is
= $228.48 - $173.04
= $55.44
And, the Price Per Unit for FS is
= $199.23 - $159.57
= $39.66
Now
Price per Minute for WX is
= $95.98 ÷ 7.70
= 12.46
Price Per Minute for KD is
= $55.44 ÷ 4.50
= 12.32
And, Price Per Minute for FS is
= $55.44 ÷ 5.70
= 9.72
So here the least profitable is $39.66 per unit or 9.72 per minute
This is the answer but the same is not provided
A _____ is something you would like to accomplish in the near future: a day, a week, or even a few months from now.
short-term goal
long-term goal
intermediate goal
specific goal
Answer:
short term goal im pretty sure
Explanation:
Answer:
short term goal mark him brainlest though
Explanation:
A firm that has recently experienced an enormous growth rate is seeking to lease a small plant in Memphis, TN; Biloxi, MS; or Birmingham, AL. Prepare an economic analysis of the three locations given the following information:
Memphis Beloxi Birmingham
Annual costs for building, equipment, and administration $40,000 $60,000 $100,000
Labor and materials are expected to be (per unit) $8 $4 $5
Increase system transportation costs (per year), Expected annual volume is 10,000 units. $50,000 $60,000 $25,000
Answer and Explanation:
The computation of the total cost under each locations is as follows:
The total cost of Memhpis is
= $40,000 + (10,000 units × $8) + $50,000
= $40,000 + $80,000 + $50,000
= $170,000
The total cost of Biloxi is
= $60,000 + (10,000 units × $4) + $60,000
= $60,000 + $40,000 + $60,000
= $160,000
And, the total cost of Birmingham is
= $100,000 + (10,000 units × $5) + $25,000
= $100,000 + $50,000 + $25,000
= $175,000
Despite an offer of considerable raise in salary upon joining a new team, jacob chooses to remain and work in his present team. This impliees that jacob has developed a high degree group ___ with his present team.
Answer: group cohesiveness
Explanation:
Group cohesiveness has to do with the bond and unity that a group exhibit which is vital in achieving a common goal. When a group exhibit cohesiveness, the people in the group works towards the success of their goals.
Even when there is conflicts or differences, they resolve the and come back stronger. Based on the above analysis, jacob has developed a high degree group cohesiveness with his present team.
In which journal would a customer's partial payment on account be recorded?
Answer:
Its real account
Cash A/C.....Dr
Debtor A/C....Dr
To Creditors A/C....
The linear sequential model of software development is A reasonable approach when requirements are well defined. An old fashioned model that cannot be used in a modern context. A good approach when a working program is required quickly. The best approach to use for projects with large development teams.
Answer:
The linear sequential model of software development is
A reasonable approach when requirements are well defined.
Explanation:
This type of software development model, called the linear sequential model, is also known as the classic life cycle or waterfall model. The model suggests a systematic, sequential approach to Software Development, starting at a design level and progressing through the processes of communication, planning, modeling, construction, and deployment, till the final stage of support. The model is simple to understand and use. With this model, each phase must be completed before the next phase can begin and there is no overlapping in the phases. This is why requirements must be well-defined.
Chucky is always the one who is trying to ensure everyone gets along. He is always encouraging others to do their best. He is performing a ________ role.
production
maintenance
task
relational
social
Answer:
Chucky is always making sure he has his buddy the knlfe with him aswell.
maintenance.
Explanation:
if the beginning work in process is 4,000 units, ending work in process is 2,000 units, and the units accounted for equals 15,000 units, what must units started into production be
Answer:
The units started into production will be:
13,000 units.
Explanation:
a) Data and Calculations:
Beginning work in process (units) = (4,000)
Units accounted for = 15,000
Ending work in process (units) = 2,000
Units started into production = 13,000
b) The units started into production is equal to the units accounted for plus the ending work in process minus the beginning work in process. This means that the units started into production is less than the units accounted for because of the differences in the units for the beginning and ending work in process.
Candle Stix estimates that 2% of the $100,000 balance in accounts receivable is uncollectible. Prior to year-end adjusting entries, there is a $400 debit balance in allowance for doubtful accounts. What is the net realizable value of accounts receivable
Answer:
$97,600
Explanation:
First, we need to get the value for uncollectible in accounts receivable
= 2% Multiplied by balance in accounts receivable as uncollectible
= 2% × 100,000
= $2,000
We will then subtract the balance above which is the uncollectible from the accounts receivable
= $100,000 - $2,000
= $98,000
The net realizable value would the be ;
= $98,000 - $400
= $97,600
The Stevens Co. had beginning inventory (1/1/10 of 8 units at $100, purchased 10 units of inventory at $120 on 3/1/10, and another 12 units at $110 on 5/1/10 Ending inventory consisted of 14 units. Use this information to answer the following question: What is the cost of the cost of goods sold under FIFO
Answer:
The Stevens Co.
The cost of goods sold under FIFO is:
$1,760.
Explanation:
a) Data and Calculations:
1/1/10 Beginning inventory 8 units at $100 = $800
3/1/10 Purchases 10 units at $120 = $1,200
5/1/10 Purchases 12 units at $110 = $1,320
Total Goods available 30 units $3,320
Ending inventory 14 units
Units sold 16
Under FIFO:
Ending inventory
5/1/10 Purchases 12 units at $110 = $1,320
3/1/10 Purchases 2 units at $120 = $240
Total value of ending inventory = $1,560
Cost of goods sold = cost of goods available for sale minus the cost of ending inventory
= $1,760 ($3,320 - 1,560)
or Cost of goods sold:
1/1/10 Beginning inventory 8 units at $100 = $800
3/1/10 Purchases 8 units at $120 = $960
Total value of cost of goods sold = $1,760
b) FIFO (FIrst-in, First-out) is a cost evaluation method that assumes that the first inventories recorded are the first to be sold. This implies that the cost of goods sold is determined from the earlier stock while the cost of the ending inventory is determined from the later stock.
Lyon, a cash basis taxpayer, died on January 15 of the current year. During the current year, the estate executor made the required periodic distribution of $9,000 from estate income to Lyon's sole heir. The following information pertains to the estate's income and disbursements for the year. For the current calendar year, what was the estate's distributable net income (DNI)?
Estate Income:
$20,000 Taxable interest
$10,000 Net long-term capital gains allocable to corpus
Estate Disbursements:
$5,000 Administrative expenses attributable to taxable income
For the current taxable calendar year, what was the estate's distributable net income (DNI)?
a. $15,000
b. $25,000
c. $30,000
d. $20,000
Answer: $15000
Explanation:
For the current taxable calendar year, the estate's distributable net income (DNI) would be calculated as:
Taxable interest = $20,000
Less: Administrative expense = $5000
Distributable net income = $20000 - $5000 = $15000
Therefore, the estate's distributable net income is $15000.
Many firms in the United States file for bankruptcy every year, yet they still continue operating. Why would they do this instead of completely shutting down?
Answer:
see below
Explanation:
A firm may either opt to shutdown or declare bankruptcy if its making losses. A shutdown will involve ceasing operations and disposing of assets to pay creditors. Declaring bankruptcy shields the business from debt obligations or seizing of assets by its creditors.
Many businesses opt to declare bankruptcy because shutting down is costly. Except for properties, other assets are likely to be liquidated at costs below their book value. With the burden of debts shelved for some time, a business has a chance of bouncing back to profitability. A loss-making firm whose price is above the average variable cost should continue operating.
The mean width of 12 iPads is 13 cm. The mean width of 8 Kindles is 12 cm. 2 pts
a. What is the total width of the iPads?
b. What is the total width of the Kindles?
c. What is the mean width of the 12 iPads and 8 Kindles?
Answer:
see below
Explanation:
Mean is the average of a set of data or numbers. if the mean is 13, it implies that on average, the width of one iPad is 13cm.
a). Width of 12 iPads is 13cm.
Total width will be 12 x 13
= 156 cm
b). Total width of candles
mean of 8 candles is 12 cm
total width = 8 x 12
=96 cm
c). mean of iPads and candles
=width of iPads + width of candles divided by total of candles and iPads
= (156cm + 96cm) / (12 + 8)
=252 /20
=12.6 cm
Which of the following statements is true of activity-based costing?
ABC ignores the allocation of storage costs.
An activity cost pool collects costs related to the same activity.
ABC is more likely to result in big differences from a traditional costing system if the business makes only one product rather than multiple products.
Activities are the cost objects of the second stage of ABC.
ABC uses a single overhead rate.
Answer:
Option B (An activity....................same activity) would be the correct choice.
Explanation:
ABC would be used by companies since there would be a variety of resources consumed. Throughout ABC, that each expense is identified as well as identified to something like the operation. A predetermined overhead price wasn't used so rather than using numerous geographical expense driver amounts.Only certain costs are defined in the sense of various activities as well as averaged to create each activity cost collection. That is why the above is indeed the correct answer.
If an elevator in a large building malfunctions, the owners may ask someone from the Maintenance/Operations pathway of the Architecture and Construction career cluster to look at it.
true or false
Suppose your PV for a project was $100,000 and your EV was $70,000. Your SPI for this project would be
Answer:
Schedule performance index = 0.7
Explanation:
Schedule performance index = EV / PV
Schedule performance index = $70,000 / $100,000
Schedule performance index = 0.7
The Schedule performance index is less than 1 and this indicates that the project performance is unfavorable and behind the schedule for completion .
SPI = 1 (Project on schedule), SPI<1 (Project behind the schedule).
Severance pay plans grant employees weekly benefits in addition to state unemployment compensation. True
Answer:
False
Explanation:
In simple words, Severance pay can be understood as a salary and/or incentives given to an individual by a company after the job is over. In order to help an individual obtain a new job, severance arrangements can include additional rewards, such as life care and observer ship support.
Thus, the weekly benefits are not included in this and the above statement is incorrect.
As part of a major plant renovation project, the industrial engineering department has been asked to balance a revised assembly operation to achieve an output of 260 units per 8-hour day. Task times and precedence relationships are as follows:
Task Duration (minutes) Immediate Predecessor
a 0.5 -
b 0.6 a
c 0.2 b
d 0.3 -
e 1.7 d
f 1.8 c
g 1.9 e, f
Do each of the following:
a. Draw the precedence diagram.
b. Determine the minimum cycle time, the maximum cycle time, and the calculated cycle time.
c. Determine the minimum number of stations needed.
d. Assign tasks to workstations on the basis of greatest number of following tasks. Use longest processing time as a tiebreaker. If ties still exist, assume indifference in choice.
e. Compute the percentage of idle time for the assignment in part d.
Answer:
a. Attached in the attachment
b.
1.Minimum Cycle Time = 1.9 minutes
2.Maximum Cycle Time = 7 minutes
3.Calculated Cycle Time = 1.84 minutes
c. Number of minimum Stations = 4
d. Attached in the attachment
e. Idle % = 5.70 %
Explanation:
This problem is very interesting and really simple to solve. Just to have some basic definitions to remember.
We are told to calculate all the questions while keeping in mind the operation time = 8 hours = 8x60 minutes = 480 minutes. And required output units = 260 units/day.
First of all, we are asked to calculate the precedence graph for the data given.
a. NOTE:
Solution of a, which is the precedence graph is attached below in the attachment.
Secondly, we are asked to calculate:
1. Minimum Cycle Time
2. Maximum Cycle Time
3. Calculated Cycle Time
So,
b.
1. In order to calculate the minimum cycle time, we need to see the maximum task duration in the data given.
Minimum Cycle Time = Maximum task duration
Minimum Cycle Time = 1.9 minutes
2. In order to calculate the maximum cycle time, we need to see all the task times and add all of them together.
Maximum Cycle Time = ∑ (Task Times)
Maximum Cycle Time = 0.5+ 0.6+ 0.2+ 0.3+ 1.7+ 1.8+ 1.9
Maximum Cycle Time = 7 minutes
3. In order to calculate the calculated cycle time, we need to plug in the values into the following formula:
Calculated Cycle Time = Operational Time / Output (No. of required units per day)
Calculated Cycle Time = 480/260
Calculated Cycle Time = 1.84 minutes
Thirdly, we are asked to calculate the minimum number of stations needed.
c. In order to calculated the minimum number of stations, we need to apply the following formula:
Number of minimum Stations = Sum of all task times / Minimum Cycle Time
Number of minimum Stations = 7 minutes / 1.9 minutes
Number of minimum Stations = 3.68 ≈ 4 Stations
Number of minimum Stations = 4
Fourthly, we are asked to assign tasks to workstations on the basis of greatest number of following tasks.
d. NOTE: Assigning task has been tabulated and attached in the attachment to this answer. Please refer to the attachment for this.
Finally, we are asked to calculated the idle percentage.
e. In order to calculated the idle percentage, we need to apply the following formula:
idle percentage = Total Idle time/ (Calculated Cycle Time x No. of stations)
Total Idle time = 0.42
Idle % = 0.42/(1.84x4)
Idle % = 5.70 %
An organization that creates many products with similar characteristics, using assembly lines would most likely be categorized as a(n):
Answer:
Continuous manufacturing organisation
Explanation:
Continuous production uses a production plant to manufacture a product continuously. It is also called continuous flow.
This is so called because the materials inputted in the production process is in continuous motion as it moves through the production line.
The products tend to be similar or standardised with no distinguishing features. For example cement, fertiliser, and sugar
What are the three elements that require integration to be successful in operations and supply chain management
Answer and Explanation:
The three elements that are needed for integration to be successful in the operations and supply chain management is as follows:
1. Strategy: Without making the strategy how it can be implemented so it is a very important tool.
2. Business Processes: The processes helps in maintaining the functions of an individuals so that it can be integrate with important key supply activities
3. Business analysis: The data analysis is to be done so that the problem could get solved
The three elements that require integration to be successful for operations & supply chain management is strategy, business process, and the business analysis.
The explanation is as follows:
Strategy: Strategy played an important role for the individual, company. In this, the planning is well important so that the things could be implemented in a better way. Analysis of business: The data of the businesses could be analysis so that we can aware of the problem and it could be solved in a timely manner. Business process: The business process could be in terms of marketing, finance, production that helps in the operations & supply chain.Therefore we can conclude that the three elements that require integration to be successful for operations & supply chain management is strategy, business process, and the business analysis.
Learn more: brainly.com/question/19682087
Bonita Industries issues 6800 shares of its $5 par value common stock having a fair value of $30 per share and 9800 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $311000. The proceeds allocated to the common stock is
Answer:
$158,610
Explanation:
The computation of the proceeds allocated to the common stock is as follows:
The fair value of the common stock is
= 6,800 shares × $30 per share
= $204,000
And, the fair value of the preferred stock is
= 9,800 shares × $20 per share
= $196,000
Now the percentage of the preferred stock is
= ($204,000) ÷ ($204,000 + $196,000)
= 51%
The lumpsum amount is $311,000
So, the amount that allocated to the common stock is
= $311,000 × 51%
= $158,610
Gross Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2013. Its inventory at that date was $550,000 and the relevant price index was 100. Information regarding inventory for subsequent years is as follows: Inventory at Current Date Current Prices Price Index December 31, 2014 $642,000 107 December 31, 2015 725,000 125 December 31, 2016 812,500 130 What is the cost of the ending inventory at December 31, 2014 under dollar-value LIFO
Answer: $603,500
Explanation:
Ending inventory in 2014;
= Ending inventory balance 2013 + (([tex]\frac{Inventory current price 2014}{Price index 2014}[/tex] * 100) - ending inventory 2013)) * Price index 2014/100
= 550,000 + (([tex]\frac{642,000}{107}* 100[/tex]) - 550,000)) * 107/100
= $603,500
A real estate agent would like to predict the selling price of a single-family house by predicting the price (in thousands of dollars) based on the square footage (in 100 square feet). Predict the price of a 3000 square foot house (in thousands of dollars).
Answer: 134.7088 (thousands of dollars)
Explanation:
This can be solved with a regression equation based on the details in the question.
y being the price of the house.
x as the independent variable is given as 3.8785
c as the intercept is given as 18.3538
The equation s;
y = 3.8785x + 18.3538
x will be 30 because the variables are based on 100 square feet so, 3,000/100 = 30
y = 3.8785 *(30) + 18.3538
= $134.7088 (thousands of dollars)
= $134,708.80
The Federal Reserve Bank of the United States is:_________.
a) a purely public central bank.
b) a purely private central bank.
c) part of the U.S. government.
d) not exactly part of the U.S.
e) government but not really a private institution either.
Answer:
C
Explanation:
Kotter studied a number of successful general managers over a five-year period and found that they spend most of their time by themselves drawing up plans or worrying about important decisions.
a. True
b. False
The correct answer is false.
It is false that Kotter studied a number of successful general managers over a five-year period and found that they spend most of their time by themselves drawing up plans or worrying about important decisions
Philip Kottler has been considered to be a guru in management and marketing. He has spent many hours, days, and tears studying management styles, functions, and leadership in a considerable number of organizations and has realized the most important characteristics of a top management leader and modern marketing techniques in corporations.
His reconditions, written in some important and renowned books have become a "must-have" guide for modern leaders in the corporate world.
Over the life of a firm, the capital invested in the firm by the shareholders plus the income of the firm will reflect:
Answer:
the value of the firm to shareholders
Explanation:
The firm value to the shareholders means the value in terms of the capital invested in the firm by the shareholders and the firm income
In equation form
Firm value to the shareholders = Capital invested + firm income
Therefore the second option is correct
Hence, the same is to be considered
And all the other options are incorrect
On January 1, 2020, Franel Co. acquired all of the common stock of Hurlem Corp.For 2020, Hurlem earned net income of $360,000 and paid dividends of $190,000.Amortization of the patent allocation that was included in the acquisition was $6,000. How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping
Answer:
$6,000
Explanation:
Calculation for How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping
Using this formula
Difference in Franel's income using Equity Method = [(Net income-Dividends)-(Net income-Patent allocation amortization- Dividends)]
Let plug in the formula
Difference in Franel's income using Equity Method =[($360,000 - $190,000)-($360,000 - $6,000 - $190,000]
Difference in Franel's income using Equity Method = $170,000 -$164,000
Difference in Franel's income using Equity Method =$6,000
Therefore How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping is $6,000
Suppose you deposit $1,500.00 into your savings account that pays you 25.00% interest. After one year, you will have $ in your account (round your answer to two decimal places).
Answer:
the amount after the one year is $1,875
Explanation:
The computation of the amount after the one year is shown below;
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= $1,500 × (1 + 0.25)^1
= $1,500 × 1.25
= $1,875
Hence, the amount after the one year is $1,875
It could be determined by applying the above formula
Strategic thinking builds on the intellectual ______and elements of ______ proposed by Paul and Elder (2012).
Answer:
standards; reason
Explanation:
Indeed, according to the academic work by Paul and Elder. They proposed the view that strategic thinking builds on intellectual standards and elements of reason.
The intellectual standards refer to efficient quality standards that enable one to maintain quality results. The intellectual standards include clarity, accuracy, to mention but a few.
While the elements of reason consist of eight core elements we may use to brainstorm new ideas. They include;
purposeattemptassumption. the point of viewdata, information, and evidenceconcepts and ideasinferences and interpretationsimplications and consequencesProblem 11-6 Risk Premiums (LO1)Assume these are the stock market and Treasury bill returns for a 5-year period: Year Stock Market Return (%)T-Bill Return (%)2011 0.98 0.03 2012 16.06 0.05 2013 33.06 0.07 2014 12.71 0.05 2015 0.67 0.21 a. What was the risk premium on common stock in each year
Answer:
Year _______Risk Premium (%)
2011 _______ 0.95
2012_______ 16.01
2013_______ 32.99
2014_______ 12.66
2015_______ 0.46
Explanation:
The Risk premium is the premium paid to an investor for investing in a risky stock/security/asset over the risk-free rate in the market.
A Risk-free rate is a rate that is offered by a security having minimum or no risk at all e.g. Rate on Government securities are considered as the risk-free rate because these securities are backed by the government.
T bills or Treasury bills are also considered as risk-free investments.
Use following formula to calculate the Risk premium
Ris premium = Stock Market Return - T-Bill Return
Use above formula Calculate the risk premium as below
Year _ Stock Market Return (%) __T-Bill Return (%)__ Risk Premium (%)
2011 _______ 0.98 _______________0.03 _________ 0.95
2012_______ 16.06_______________0.05 _________ 16.01
2013_______ 33.06_______________0.07 _________ 32.99
2014_______ 12.71 _______________ 0.05 _________ 12.66
2015_______ 0.67 _______________ 0.21 __________ 0.46