During a recent fiscal year, Creek Company reported pretax income of $125,000, a contribution margin ratio of 25% and total contribution margin of $400,000. Total variable costs must have been:

Answers

Answer 1

Answer:

475,000

Explanation:

Hey there! For this question, we will be using the COGS and SG&A formulas.

Basic Formula: Revenue - COGS - SG&A = Pretax profits

How do you calculate the SG&A?

Well, SG & A = (Contribution - Prextax income)  

SG & A = ($400,000 - $125,000)

SG & A= $275,000

What's next?

Now, you must calculate for revenue.

Contribution margin/Revenue = Contribution Margin Ratio  

Revenue = Contribution Margin/Contribution Margin Ratio  

Revenue = $400,000/.25  

Revenue = $1.1m

Now, let's use the COGS formula.

COGS: Starting inventory + purchases - ending inventory = cost of goods sold

Revenue - COGS - SG&A = Pretax profits  

1.1m - COGS - 400k = 125k  

COGS = $1.1m - $125k - $400k

Final answer: 1.100 Million (1,000,000)


Related Questions

The government has imposed a fine on the Imperial Company. The fine calls for annual payments of $100,000, $250,000, and $250,000, respectively over the next three years. The first payment is due one year from today. The government plans to invest the funds until the final payment is collected and then donate the entire amount, including investment earnings, to a national health center. The government will earn 3.5% on the funds held. How much will the national health center receive three years from today

Answers

Answer: $615,872.50

Explanation:

The amount the National Health Center will receive is the sum of the future values, 3 years from now, of the annual payments of the fines.

Future value of $100,000 paid 1 year from today:

= 100,000 * (1 + 3.5%)²

= $107,122.50

Future value of $250,000 paid 2 years from now:

= 250,000 * (1 + 3.5%)

= $258,750

Future value of $250,000 paid 3 years from today:

= $250,000

Total is:

= 107,122.50 + 258,750 + 250,000

= $615,872.50

what's is the difference between external dimensions and internal dimensions fators​

Answers

Answer:

Internal Environment dimension refers internal conditions with a business or organization that effect its growth and working such as employees, machinery, working hours, funds etc.

Extern Environment dimension refers external conditions  that effect business or organization growth and working such as organization's performance, profitability, and functionality

Explanation:

Internal Environment dimension refers internal conditions with a business or organization that effect its growth and working such as employees, machinery, working hours, funds etc.

Extern Environment dimension refers external conditions  that effect business or organization growth and working such as organization's performance, profitability, and functionality

what are the similarities and differences between clv and customer equality these two measures? discuss the strengths and weaknesses of these approaches for measuring customer value. of

Answers

Answer:

Customer equity is the sum of all of our CLV's

Explanation:

CLV or customer lifetime value represents the profit that our customers give the company during their commercial relationship with us, while the customer equity is the sum of all of our CLV's, meaning that one is a macro and the other one is a micro reality, both are a statistics that can give us better information for decision making when we are targeting and creating products.

An entity had the following opening and closing inventory balances during the current year: 1/1 12/31 Finished goods $ 90,000 $260,000 Raw materials 105,000 130,000 Work-in-progress 220,000 175,000 The following transactions and events occurred during the current year: $300,000 of raw materials were purchased, of which $20,000 were returned because of defects. $600,000 of direct labor costs were incurred. $750,000 of production overhead costs were incurred. The cost of goods sold for the current year ended December 31 would be A. $1,500,000 B. $1,480,000 C. $1,650,000 D. $1,610,000

Answers

Answer:

B. $1,480,000

Explanation:

The computation of the cost of the goods sold is shown below:

Direct material consumed:    

beginning Inventory of RM  $105,000  

Add: Net Purchase ($300,000 - $20,000) $280,000  

Total material available  $385,000  

Less: ending inventory  -$130,000  

Direct material consumed $255,000

Now  

Cost of goods manufactured:    

Beginning inventory of Wip  $220,000  

Current cost:    

Direct material $255,000  

Direct labor $600,000  

Manufacturing OH $750,000  

Total current cost $1,605,000  

Total cost of WIP $1,825,000  

Less: Ending inventory of Wip $175,000  

Cost of goods manufactured $1,650,000  

Cost of goods sold:    

Beginning inventory of FG $90,000  

Add: Cost of goods manufactured $1,650,000  

Total  cost of goods available for sale 1740000  

Less: Ending inventory of FG -$260,000  

Cost of goods sold $1,480,000

Margaret sells hand-knit scarves at a flea market. Each scarf sells for $25. Margaret pays $30 to rent a vending space for one day. The variable costs are $15 per scarf. How many scarves should she sell each day in order to break even?

Answers

Answer:

The answer is 3 units

Explanation:

Break even sale is the amount of sales a firm or business needs to sell to break even , that is, the amount to sell to neither make profit nor loss.

Break even sales = Fixed cost ÷ ( unit sales - variable costs)

$30/($25 - $15)

$30/$10

=3 units

Break even sales is 3 units. That means Margaret needs to 3 units of hand-knit scarves to neither make profit or loss. Units above 3 will result into profit making while units below 3 will result into loss making.

Which element of a command economy is also used in a mixed economy

Answers

Answer:

Governments can regulate businesses

Explanation:

I hope that this helped :)

Answer:

Prices also are dictated by supply and demand rather than by the government, as in the command economy. The profitability of producer and innovation are also key elements of the mixed economic system.

Explanation:

Consolidated Corporation,a U.S.firm,wishes to participate,but limit its involvement,in Middle Eastern markets.Consolidated empowers Doha Ltd. ,an Egyptian firm,to enter into contracts in certain countries on behalf of Consolidated.This is:________
A) a distribution agreement.
B) an agency relationship.
C) indirect exporting.
D) direct exporting.

Answers

Answer:

B) an agency relationship.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.

In this scenario, Consolidated (principal) empowers Doha Ltd., an Egyptian firm to enter into contracts in certain countries on behalf of Consolidated. Thus, this is an agency relationship.

An agency relationship can be defined as a mutual relationship existing between two parties, wherein a principal authorizes the agent to act as the principal's representative or on his behalf (fiduciary role) in dealing with third parties.

Basically, Consolidated is the principal based on the agency relationship while Doha Ltd. is considered to be an agent and as such is authorized or empowered to enter into contracts in certain countries on behalf of Consolidated.

You sell one December futures contracts when the futures price is $1,010 per unit. Each contract is on 100 units and the initial margin per contract that you provide is $2,000. The maintenance margin per contract is $1,500. During the next day the futures price falls to $1,008 per unit. What is the balance of your margin account at the end of the day? a. $3,700b. $1,800c. $2,200d. $1,500

Answers

Answer:

b. $1800

Explanation:

Calculation to determine the balance of your margin account at the end of the day

Margin account balance=$2,000-[100*($1008-$1010)]

Margin account balance=$2,000-(100*$2)

Margin account balance=$2,000-$200

Margin account balance=$1,800

Therefore the balance of your margin account at the end of the day is $1,800

What is a production​ function? How does a​ long-run production function differ from a​ short-run production​ function? A. A function showing the minimum output that a firm can produce for every specified combination of inputs. In the​ short-run production​ function, all inputs are​ variable, whereas the​ long-run production function has at least one fixed input.. B. A function showing the highest output that a firm can produce for every specified combination of inputs. In the​ short-run production​ function, all inputs are​ variable, whereas the​ long-run production function has at least one fixed input. C. A function showing the minimum output that a firm can produce for every specified combination of inputs. In the​ long-run production​ function, all inputs are​ variable, whereas the​ short-run production function has at least one fixed input. D. A function showing the highest output that a firm can produce for every specified combination of inputs. In the​ long-run production​ function, all inputs are​ variable, whereas the​ short-run production function has at least one fixed input.

Answers

Answer:

A

Explanation:

The following budget information is available for the XYZ Company for the first quarter of 2011:
Sales ($16 per unit) $320,000
Freight out $.25 per unit sold
Depreciation on Administrative Equipment $10,000
Sales & Admin. Salaries $40,000 +2% of sales
Advertising $12,000
Depreciation on Manufacturing Equipment $15,000
Lease on Sales Building $45,000
Miscellaneous Selling Expenses $5,000
All operating expenses are paid in cash in the month incurred.
If XYZ expects to sell 20,000 inventory units in the first quarter, what would be the amount of the total budgeted selling and administrative expenses for the first quarter of 2011?
a. $123,400
b. $138,400
c. $113,400
d. $293,400

Answers

Answer:

The correct answer of Option A (123400).

The correct answer of Option B (113400).

Explanation:

Budgeted Selling Expenses = Fixed Sales and Administration Salaries +          

                                             Variable Sales and Administration Expenses  

                                             + Advertising + Miscellaneous Selling  

                                               Expenses + Lease on Sales Building +                            

                                               Frieght Out + Depreciation on Administrative                      

                                                                                                    Equipment

                                            = 40000 + 2%*20000*16 + 12000 + 5000 +  

                                                45000 + 20000*.25 + 10000 = 123400  

Option A (123400) is the correct answer.  

Part B:  

Expected Cash Outflow =  Fixed Sales and Administration Salaries +

                                        Variable Sales and Administration Expenses +

                                        Advertising + Miscellaneous Selling Expenses +

                                        Lease on Sales Building + Frieght Out

                                       = 40000 + 2%*20000*16 + 12000 + 5000 +  

                                            45000 + 20000*.25 = 113400  

Option B (113400) is the correct answer.

What are costs that can be identified specifically with a cost objective, but are not direct labor or direct material costs?

Answers

Answer:

Other direct cost (ODC)

Explanation:

Other direct cost (ODCs) are costs that can be identified specifically with a final cost objective but are not treated as either a direct material or direct labor cost. Costs are identified as other direct cost so that it would be given proper treatment. Also, identifying costs as ODC helps in infective cost allocation.

Examples of ODCs include travel cost, preservations, equipment testing, consultancy and computer services, etc.

Femur Co. acquired 70% of the voting common stock of Harbor Corp. on January 1, 2014. During 2014, Harbor had revenues of $2,500,000 and expenses of $2,000,000. The amortization of excess cost allocations totaled $60,000 in 2014. What is the effect of including Harbor in consolidated net income for 2014

Answers

Answer:

$440,000

Explanation:

Calculation to determine the effect of including Harbor in consolidated net income for 2014

Using this formula

Effect of including Harbor in consolidated net income for 2014=Revenues-Expenses-Excess cost allocations

Let plug in the formula

Effect of including Harbor in consolidated net income for 2014=$2,500,000-$2,000,000-$60,000

Effect of including Harbor in consolidated net income for 2014=$440,000

Therefore Effect of including Harbor in consolidated net income for 2014 will be $440,000

Determine the promotional price of each item at each store. Item Original Price Discount (Dollars) $15.00 Off 40% Off (Dollars) (Dollars) A music box$75 $ $ A faux Ming vase$60.00 $ $ Suppose a friend of yours wants to buy a crystal candlestick. You remember seeing this item at both Annie's Attic and Betty's Breakables, but you do not remember the price. What advice should you give your friend in this situation

Answers

Answer:

Go to Betty breakables when the price of the crystal candle is > $37.5

Explanation:

Annie's attic offers $15 off any purchase

Betty breakables offers 40% off any purchase

For both stores

Music box = $75 ( non discounted price )  

Faux Ming vase = $60 ( non discounted price )

Discounted prices for Music box

For Annie's attic = 75 - 15 = $60

For Betty breakables = 75 - ( 40% * 75 ) = $45

Discounted prices for Faux Ming vase

For Annie attic = 60 - 15 = $45

For Betty breakables = 60 - ( 40% *60 ) = $36

lets assume the price of the Crystal candle to be x

we will buy from betty breakables If 40% of x > $15 discount offered by Annie's

40/ 100 * x > 15

x > 100/40 * 15

x > 37.5

Go to Betty breakables when the price of the crystal candle is > $37.5

Bookmark question for later Overhead allocation based on volume alone: results in facility support costs not being allocated among the various products. is a key aspect of the ABC model. must be used for external financial reporting. will systematically overcost high-volume products and undercost low-volume products.

Answers

Answer:

will systematically overcost high-volume products and undercost low-volume products.

Explanation:

Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.

An overhead allocation that is typically based on volume alone, will systematically overcost the high-volume products that are also complex and undercost low-volume products that are simple in nature.

7. Liqin fixes up old cars and sells them to supplement his retirement income. Liqin came across a beat-up 1955 Corvette that she is considering rebuilding and selling. She estimates a 0.2 probability that she will gain 15% on the deal, a 0.2 probability that she will gain 10%, and a 0.6 probability that she will gain 5%. Liqin's expected return for fixing up and selling the Corvette is ____%. a. 8 b. 11 c. 20 d. 30

Answers

Answer:

a. 8%

Explanation:

Expected Return = [(Return*Probability)+(Return*Probability)+(Return*Probability) * 100%]

Expected Return = [{(15%*0.2)+(10%*0.2)+(5%*0.6)} * 100]%

Expected Return = [{(0.15*0.2)+(0.1*0.2)+(0.05*0.6)} * 100]%

Expected Return = [{0.03+0.02+0.03} * 100]%

Expected Return = [{0.08 * 100}]%

Expected Return = 8%

So, Liqin's expected return for fixing up and selling the Corvette is 8%.

______ consists of the activities that managers perform to plan for, attract, develop, and retain an effective workforce.
a) Arbitration
b) Formal appraisal
c) Human capital
d) Orientation
e) Human resource management

Answers

Human resource management.

Ignoring possible tax effects and signaling costs, the total value of a firm's equity remains the same irrespective of how the firm distributes its residual earnings-dividends or stock repurchases. Each distribution method has certain advantages and disadvantages.
Based on your understanding of dividends and stock repurchases, select the best terms to go with the statements.
Select the best term to complete the sentence Sell Buy
Repurchases give stockholders a choice to ???? their stock and realize their capital gains or keep their stock and receive future dividends. False True
Repurchases allow a firm to buy back as much stock as it wants, at whatever price it wants, without affecting shareholders. This statement is ???? True False
Dividends provide signals about a firm's future prospects, whereas some investors might misinterpret why a firm is repurchasing stock. This statement is???? Saves Increases
Repurchase transactions allow a firm to buy back stock that may be needed to fulfill obligations when employees exercise their stock options. This ???? the costs associated with issuing new shares.

Answers

Answer:

The Total Value of a Firm's Equity and Distribution Methods:

1. Repurchases give stockholders a choice to sell their stock and realize their capital gains or keep their stock and receive future dividends. False True

2. Repurchases allow a firm to buy back as much stock as it wants, at whatever price it wants, without affecting shareholders. This statement is False.

3. Dividends provide signals about a firm's future prospects, whereas some investors might misinterpret why a firm is repurchasing stock. This statement is True.  

4. Repurchase transactions allow a firm to buy back stock that may be needed to fulfill obligations when employees exercise their stock options. This saves the costs associated with issuing new shares.

Explanation:

Dividends and stock repurchase are two methods of distributing net earnings by a company.  Both methods reduce the equity balance by decreasing the Retained Earnings, which are components of the Stockholders' Equity. Stock repurchase is usually embarked upon by management when it wants to reduce the number of outstanding shares, increase both the demand for the shares and the price, and boast the Earnings Per Share.

In order to present an accurate picture of the financial health of his company, Bob reported all of the expenses that had been incurred, even if they had not been paid yet. Bob is practicing the __________ principle.
a.) matching
b.) measurement/cost
c.) time period
d.) full disclosure

Answers

Answer:

a.) matching

Explanation:

Matching principle is the accounting principle in which the expenses incurred should be recorded at the same period when the revenues are earned. Also the business incurred the expenses in order to earn the revenues

So as per the given situation since Bob recognized the expenses but it is not paid so here he is using the matching principle

Therefore the option a is correct

Shelton Company has the following account balances at year-end:
Accounts receivable $140,000
Allowance for doubtful accounts 7,200
Sales discounts 4,800
Shelton should report accounts receivable at a net amount of:__________
a. $120,000.
b. $ 12,800.
c. $1 08,000.
d. $115,200

Answers

Answer:

See below

Explanation:

Given the above information, Shelton should report the account receivable at a net amount as computed below;

= Accounts receivables - Allowance for doubtful account

Accounts receivables = $140,000

Allowance for doubtful account = $7,200

= $140,000 - $7,200

= $132,800

Therefore, account receivables at a net amount is $132,800

incurred $10,000 of portfolio income. Its corporate trustee paid fiduciary fees of $1,000 therefrom, and also paid $1,000 in premiums for a life insurance policy on Marcia, the grantor of the trust. How much gross income does Marcia include with respect to these trust activities

Answers

Answer:

$1000

Explanation:

Portfolio income = $10,000

Fiduciary fees = $1,000

premiums paid for life insurance on Marcia  = $1000

Fiduciary fees are fees charged by trustees and executors for services that they rendered

Therefore The amount of gross income Marcia  will include being the grantor of the trust = $1000 ( 10% of portfolio income )

Simone founded her company using of her own​ money, issuing herself shares of stock. An angel investor bought an additional shares for . She now sells another shares of stock to a venture capitalist for million. What is the​ post-money valuation of the​ company

Answers

Answer:

C) $2,400,000

Explanation:

Here is the complete question

Simone founded her company using $200,000 of her own money, issuing herself 200,000 shares of stock. An angel investor bought an additional 100,000 shares for $150,000. She now sells another 500,000 shares of stock to a venture capitalist for $1.5 million. What is the post-money valuation of the company?

A) $1,200,000

B) $1,320,000

C) $2,400,000

D) $3,600,000

company's value = value per share x total shares

Value per share = total purchasing price / total shares sold

$1.5 million / 500,0000 = $3

Total shares = 500,000 + 200,000 + 100,000 = 800,000

company's value = 800,000 x $3 = $2,400,000

Each business day, on average, a company writes checks totaling $34,500 to pay its suppliers. The usual clearing time for the checks is five days. Meanwhile, the company is receiving payments from its customers each day, in the form of checks, totaling $45,500. The cash from the payments is available to the firm after three days.

Required:
a. Calculate the company’s disbursement float, collection float, and net float.
b. Calculate the company's disbursement float, collection float, and net float, if the collected funds were available in two days instead of three.

Answers

Answer:

Following are the  response to the given question:

Explanation:

For point a:

[tex]Particulars\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount\\\\Disbursement \ \ float\ [34500 \times 5] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 172500\\\\Collection \ \ float\ [45500 \times 3] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 136500\\\\ net \ \ float \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 36000\\\\[/tex]

For point b:

[tex]Particulars\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount\\\\Disbursement \ \ float\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 172500\\\\Collection \ \ float\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 45500 \\\\ net \ \ float \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 12700\\\\[/tex]

An entrepreneur founded his company using $250,000 of his own money, issuing himself 200,000 shares of stock. An angel investor bought an additional 100,000 shares for $200,000. The entrepreneur now sells another 400,000 shares of stock to a venture capitalist for$2 million. What is the post-money valuation of the company?

Answers

Answer:

$3,500,000

Explanation:

the total number of shares

= 200000 + 100000 + 400000

= 700000 shares

value of 400000 shares = 2 million dollars

such that 1 share = 2 million/400000

= 5

total value of the shares = 5 * 700000

= $3,500,000

therefore we conclude that the post money valuation of this company is $3,500,000

True of false are collaboration and teamwork the same thing

Answers

Answer:

I'm pretty sure its false

Explanation:

team is multiple people

while collaboration is at least 1 or 2 people

if you play video games think of squads as teammates and think of collaboration as duos, its completely different right.

An investment opportunity requires a payment of $910 for 12 years, starting a year from today. If your required rate of return is 6.5 percent, what is the value of the investment to you today

Answers

Answer:

PV= $7,424.44

Explanation:

Giving the following information:

Annual payment (A)= $910

Number of periods (n)= 12 years

Rate of return (i)= 6.5%

To calculate the value of the investment today (PV), we need to use the following formula:

PV= A*{(1/i) - 1/[i*(1 + i)^n]}

PV= 910*{(1/0.065) - 1/ [0.065*(1.065^12)]}

PV= $7,424.44

A firm has forecasted sales of $4,500 in April, $3,000 in May, and $5,000 in June. All sales are on credit. 30% is collected in the month of the sale, and the remainder in the following month. What will be the balance in accounts receivable at the end of June

Answers

Answer:

$3,500

Explanation:

Calculation to determine What will be the balance in accounts receivable at the end of June

Balance in accounts receivable =June Forecasted sales* (Remaining percentage-Percentage collected)

Let Plug in the formula

Balance in accounts receivable =$5,000*(100%-30%)

Balance in accounts receivable=$5,000*70%

Balance in accounts receivable=$3,500

Therefore the balance in accounts receivable at the end of June will be $3,500

Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month: Cost Formulas Direct labor $16.30q Indirect labor $4,100 + $2.00q Utilities $5,100 + $0.50q Supplies $1,300 + $0.40q Equipment depreciation $18,100 + $2.50q Factory rent $8,500 Property taxes $2,700 Factory administration $13,300 + $0.60q The Production Department planned to work 4,200 labor-hours in March; however, it actually worked 4,000 labor-hours during the month. Its actual costs incurred in March are listed below: Actual Cost Incurred in March Direct labor $ 66,780 Indirect labor $ 11,680 Utilities $ 7,590 Supplies $ 3,190 Equipment depreciation $ 28,100 Factory rent $ 8,900 Property taxes $ 2,700 Factory administration $ 15,050 Required: 1. Prepare the Production Department’s planning budget for the month. 2. Prepare the Production Department’s flexible budget for the month. 3. Calculate the spending variances for all expense items.

Answers

Answer:

Packaging Solutions Corporation

1. Planning Budget

Direct labor                              $68,460

Indirect labor                            $12,500

Utilities                                       $7,200

Supplies                                     $2,980

Equipment depreciation        $28,600

Factory rent                              $8,500

Property taxes                          $2,700

Factory administration           $15,820

2. Flexible Budget

Direct labor                             $65,200

Indirect labor                            $12,100

Utilities                                       $7,100

Supplies                                   $2,900

Equipment depreciation        $28,100

Factory rent                             $8,500

Property taxes                         $2,700

Factory administration          $15,700

3. Spending Variances:

                                                  Flexible  Actual       Spending

                                                  Budget  Budget       Variance

Direct labor                             $65,200  $66,780     $1,580 U

Indirect labor                            $12,100    $11,680       $420 F

Utilities                                       $7,100    $7,590       $490 U

Supplies                                   $2,900     $3,190       $290 U

Equipment depreciation        $28,100  $28,100        $0     None

Factory rent                             $8,500   $8,500        $0     None

Property taxes                         $2,700   $2,700        $0     None

Factory administration          $15,700  $15,050        $650 F

Explanation:

a) Data and Calculations:

Planned labor-hours in March = 4,200

Actual labor-hours in March = 4,000

Cost Formulas

Direct labor $16.30q

Indirect labor $4,100 + $2.00q

Utilities $5,100 + $0.50q

Supplies $1,300 + $0.40q

Equipment depreciation $18,100 + $2.50q

Factory rent $8,500

Property taxes $2,700

Factory administration $13,300 + $0.60q

Actual Cost Incurred In March:

Direct labor                      $ 66,780

Indirect labor                     $ 11,680

Utilities                               $ 7,590

Supplies                             $ 3,190

Equipment depreciation $ 28,100

Factory rent                      $ 8,900

Property taxes                  $ 2,700

Factory administration   $ 15,050

Flexible Budget:

Direct labor $16.30 * 4,000 = $65,200

Indirect labor $4,100 + $2.00  * 4,000 = $12,100

Utilities $5,100 + $0.50 * 4,000 = $7,100

Supplies $1,300 + $0.40 * 4,000 = $2,900

Equipment depreciation $18,100 + $2.50 * 4,000 = $28,100

Factory rent $8,500

Property taxes $2,700

Factory administration $13,300 + $0.60 * 4,000 = $15,700

Planning Budget

Direct labor $16.30 * 4,200 = $68,460

Indirect labor $4,100 + $2.00 * 4,200 = $12,500

Utilities $5,100 + $0.50 * 4,200 $7,200

Supplies $1,300 + $0.40 * 4,200 $2,980

Equipment depreciation $18,100 + $2.50 * 4,200 = $28,600

Factory rent $8,500

Property taxes $2,700

Factory administration $13,300 + $0.60 * 4,200 = $15,820

Discussion Week 3 х + -mccneb.edu/courses/16958/discussion_topics/147424 The second posting provides students an opportunity to interact with one another, simulating classroom discussion, with respect to the postings of others. This response should include a critical and respectful review of other postings. The second posting must be no less than 200 words in length to be considered for grade assessment. Any posting less than 200 words in length will not be reviewed and a grade of -- will be assigned. Subsequent postings (in addition to the aforementioned first and second posting) are invited. There is no length requirement for subsequent postings. Please note, attachments will not be opened or reviewed for grade consideration Any postings after the due date has past will not be considered for grading. Discussion 3: Please explain the difference between express and implied easements giving an example of each. Then tell us, if you wanted to know if there was ar easement that involved a property, what are the ways you could find out - i.e. where would you look and what would you look at? Then discuss the importance o implied easements to our society and provide an example. Search entries or author Unread Subscrib Reply Brianna Ferrero Sunday An express easement is created by an agreement or document, it must be in writing. For example, one neighbor may want to build a parking pad or basketball court off their driveway, but not have enough room on their lot to do so because their driveway already butts up against the property line. This individual may offer to pay the neighbor for his consent to grant an express easement for them to build a parking pad and a basketball court off their driveway that extends or the neighbors land.​

Answers

aAnswer:ya

Explanation:ya

2) Excellent Mugs Inc. produced 1,600,000 units in 2017 at a units of output per dollar of input cost was $0.09. Its cost of input at 2017 prices that would have been used in 2016 was $20,000,000. How much did the total factor productivity (TFP) increase as a result of 2017 operations

Answers

Answer:

the total factor productivity (TFP) increase as a result of 2017 operations is 12.5%

Explanation:

The computation of the total factor productivity (TFP) increase as a result of 2017 operations is given below;

The Unit produced in 2016 is

= $20,000,000 x $0.09

= 1,800,000

Now

Total factor productivity increase for the year 2017 is

= (1,800,000 - 1,600,000) ÷ 1,600,000

= 12.5%

Hence, the total factor productivity (TFP) increase as a result of 2017 operations is 12.5%

A machine operates with the following production cycle: 34 minutes of setup, 70 minutes of production. While in production, the machine produces 3 parts per minute. What is the capacity of the machine in parts per minute

Answers

Answer:

The capacity of the machine is 3 parts per minunte

Explanation:

First calculate the total time

Total time = Setup time + Production time

Total time = 34 minutes + 70 minutes

Total time = 104 minutes

Calculate the total units

Total Units = Production per minute x Total Time

Total Units = 3 parts per minutes x 104 minutes

Total Units = 312 parts

Now calculate the parts per minute

Parts per minute = Total Units / Total Time

Parts per minute = 312 parts / 104 minutes

Parts per minute = 3 parts per minunte

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