The following data are for the Akron Division of Consolidated Rubber, Inc.:

Sales $950,000
Net operating income $65,000
Average operating assets $450,000
Stockholders' equity $95,000
Residual income $35,000

For the past year, the margin used in ROI calculations was: _________

Answers

Answer 1

Answer:

the margin in the calculation of the return on investment is 6.84%

Explanation:

The computation of the margin in the calculation of the return on investment is as follows;

Margin = Net Operating income ÷ Sales

= $65,000 ÷ $950,000

= 6.84%

Hence, the margin in the calculation of the return on investment is 6.84%

We simply applied the above formula so that the correct value could come

And, the same is to be considered


Related Questions

Pine Street Inc. makes unfinished bookcases that it sells for $59. Production costs are $38 variable and $10 fixed. Because it has unused capacity, Pine Street is considering finishing the bookcases and selling them for $75. Variable finishing costs are expected to be $8 per unit with no increase in fixed costs. Prepare an analysis on a per unit basis showing whether Pine Street should sell unfinished or finished bookcases.

Answers

Answer:

It is more profitable to continue processing the bookcases.

Explanation:

First, we need to calculate the total unitary production cost of each option:

Unfinished:

Total cost= 38 + 10= $48

Finished:

Total cost= 48 + 8= $56

Now, based on the unitary contribution margin, we decide which option is more profitable.

Unfinished:

Unitary contribution margin= 59 - 48= $11

Finished:

Unitary contribution margin= 75 - 56= $19

It is more profitable to continue processing the bookcases.

Agriculture allows for a higher carrying capacity (it can produce more and support more people) than other adaptive strategies. This gives rise to higher population density and can allow more easily for an elite supported by the labor of others.
A. True
B. False

Answers

Answer:

A. True

Explanation:

As we know that the agriculture is the main source i.e. important for generating or producing any type or any kind of the processed food also at the same time it became helpful for producing various employment opportunities

So as per the given statement, the statement is true

hence, the same is to be considered

A company is completing its annual impairment analysis of the goodwill included in one of its cash generating units (CGU). The recoverable amount of the CGU is $32,000. Other information related to the CGU is provided below:
Goodwill Patents Assets Total
Historical cost $15,000 $10,000 $35,000 $60,000
Depreciation and 0 3,333 11,667 15,000
amortization
Carrying amount $15,000 $6,667 $23,333 $45,000
12/31
Under IFRS, which of the following adjustments should be recognized in the company's consolidated financial statements?
a) Decrease goodwill by $13,000
b) Decrease goodwill by $15,000
c) Decrease goodwill by $3,250; patents by $2,167; and other assets by $7,583
d) Decrease goodwill by $4,333; patents by $1,926; and other assets by $6,741

Answers

Answer:

a) Decrease goodwill by $13,000

Explanation:

In IFRS, whenever recoverable amount of a cash generating unit is less than the carrying amount, an impairment loss is recognized. After calculating an impairment loss, it is then allocated to the carrying amount of Cash generating unit's goodwill.

Impairment loss in this case is = Total carrying amount - Recoverable amount of CGU = $45,000 - $32,000 = $13,000. Hence, the impairment loss will be allocated to the carrying value of the goodwill, leading to decrease in goodwill by $13,000.

Assume that Waycross Manufacturing manages its cash flow from its home office. Waycross controls cash disbursements by category and month. In setting its budget for the next six months, beginning in July, it used the following managerial guidelines:
Category Guidelines
Purchases Pay half in current and half in following month.
Payroll Pay 90% in current month and 10 percent in following
month.
Loan Payments Pay total amount due each month.
Predicted activity for selected months follow:
Category May June July August
Purchases $30,000 $46,000 $48,000 $50,000
Payroll 100,000 130,000 120,000 100,000
Loan Payments10,000 10,000 12,000 12,000
Prepare a schedule showing cash disbursements by account for July and August.

Answers

Answer:

Waycross Manufacturing

A Schedule, showing cash disbursements by account for July and August:

Category                                         July          August

Purchases                                 $ 47,000     $ 49,000

Payroll                                          121,000      102,000

Loan Payments                            12,000         12,000

Total cash disbursements      $180,000    $163,000

Explanation:

a) Data:

Predicted activity for selected months follow:

Category              May         June           July        August

Purchases       $30,000   $46,000    $48,000   $50,000

Payroll              100,000    130,000     120,000    100,000

Loan Payments 10,000      10,000       12,000       12,000

b) Calculations:

Category                               May         June           July        August

Purchases (50/50)          $15,000    $15,000

                                                           23,000    $23,000

                                                                             24,000     $24,000

                                                                                                25,000

Purchases                                                          $47,000     $49,000

Payroll (90/10)                $90,000   $10,000

                                                         117,000     $13,000

                                                                          108,000      $12,000

                                                                                               90,000

Payroll                                                              $121,000    $102,000

     

Loan Payments (100%)  10,000       10,000      12,000         12,000

The Aros smart window air conditioner has gone through all of the first five stages of the product development process, and the marketing team has its marketing mix figured out for the product. They launch the product through the Quirky website to a broader market than the test group, in order to see if the positioning and messaging for the product hits the right mix for the market. What is the marketing team doing in this stage

Answers

Answer:

They are testing the product's marketing mix with a wider market and validating its effectiveness

Explanation:

Marketing mix is a combination of factors that a company considers when they are marketing a product to the consumer.

They are price, product, place, and promotion.

For sales of a product to be successful the marketing mix must be effective in the target consumers.

Tests are carried out on a test sample of buyers and then to a larger population to test efficacy of the marketing mix before launching the product.

In the given scenario Aros Smart window launched the product through the Quirky website to a broader market than the test group, in order to see if the positioning and messaging for the product hits the right mix for the market.

They are testing the product's marketing mix to determine its effectiveness

The sensitivity of a system for disciplining and possibly terminating employees is important, and it is critical that the system be seen as fair. Employees form conclusions about the system's fairness based on the system's outcomes and procedures and the way managers treat employees when carrying out those procedures. Three principles of justice are outcome fairness, procedural justice, and interactional justice. Outcome fairness involves the ends of a discipline process or action, while procedural and interactional justice focus on the means to those ends. Not only is behavior ethical that is in accord with these principles, but research has also linked the last two categories of justice with employee satisfaction and productivity. This activity is important because it will give you practice with the three basic principles of justice. The goal of this activity is to discuss how employees determine whether the organization treats them fairly. Read each scenario, then select the appropriate principle of justice to which it pertains. 1. You and a friend apply for a job at a hardware store and you believe that you are more qualified, but your friend is offered the job and you are not. Outcome Fairness 4 2. You find out that your friend's uncle is the hiring manager for the company you both work for. Procedural Justice 4 3. Although you did not receive a job offer, the human resources representative called to explain why he thought your friend was more qualified than you. Outcome Fairness A 4. Your manager approaches you about a promotion you did not receive and respectfully explains that although you did not get the promotion, your superb characteristics make you a strong candidate next time. ((Click to select) 5. Your co-worker who received a promotion when you did not was a college buddy of your manager who lunches with him weekly. Procedural Justice 6. You approach your HR manager about what you see as unequal distribution of family benefits. She empathizes and asks how to assist with your family needs. ((Click to select) 7. Your co-worker receives a promotion that you applied for and did not receive. Outcome Fairness 4 8. You realize that female employees seem to be receiving more perks and family-related benefits than male employees in the organization. Procedural Justice A 9. You did not receive a raise because your manager did not think you finished your major project for the year even though it was completed last week. ((Click to select) 10. You notice that some individuals in the organization are receiving more family-related benefits than others. ((Click to select) 11. You talk to your manager about not receiving a raise and think it is because your project was not finished. He listens and discusses how to resolve the issue. Interactional Justice 12. Your manager gives pay raises to half of your team, but you do not receive one. Outcome Fairness A

Answers

Answer:

1. You and a friend apply for a job at a hardware store and you believe that you are more qualified, but your friend is offered the job and you are not.

Outcome Fairness

2. You find out that your friend's uncle is the hiring manager for the company you both work for.

Procedural Justice

3. Although you did not receive a job offer, the human resources representative called to explain why he thought your friend was more qualified than you.

Interactional Justice

4. Your manager approaches you about a promotion you did not receive and respectfully explains that although you did not get the promotion, your superb characteristics make you a strong candidate next time. ((Click to select)

Interactional Justice

5. Your co-worker who received a promotion when you did not was a college buddy of your manager who lunches with him weekly.

Procedural Justice

6. You approach your HR manager about what you see as unequal distribution of family benefits. She empathizes and asks how to assist with your family needs. ((Click to select)

Interactional Justice

7. Your co-worker receives a promotion that you applied for and did not receive.

Outcome Fairness

8. You realize that female employees seem to be receiving more perks and family-related benefits than male employees in the organization.

Procedural Justice

9. You did not receive a raise because your manager did not think you finished your major project for the year even though it was completed last week. ((Click to select)

Procedural Justice

10. You notice that some individuals in the organization are receiving more family-related benefits than others. ((Click to select)

Outcome fairness

11. You talk to your manager about not receiving a raise and think it is because your project was not finished. He listens and discusses how to resolve the issue.

Interactional Justice

12. Your manager gives pay raises to half of your team, but you do not receive one.

Outcome Fairness

Explanation:

The three identified principles of justice are outcome fairness, procedural justice, and interactional justice.  Outcome fairness refers to the perception of the fairness of the distribution of outcomes.  Procedural fairness refers to the fairness in the procedures followed when arriving at a decision or judgement.  Interactional fairness refers to the interpersonal and information fairness that is shown in implementing procedures.  Outcome fairness concentrates on the ends, while procedural and interactional justices focus on the means to the ends.

Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $44,300 for Division A. Division B had a contribution margin ratio of 40% and its sales were $232,000. Net operating income for the company was $32,600 and traceable fixed expenses were $55,800. Corbel Corporation's common fixed expenses were:________.
a) $48,700
b) $55,800
c) $104,500
d) $137,100

Answers

Answer:

a. $48,700

Explanation:

Contribution margin  for Division A = $44,300

Contribution margin  for Division B = 40% * Sales Value = 40% * $232,000 = $92,800

Total contribution margin = $44,300 + $92,800 = $137,100

Office Segment Margin =Total contribution margin - Traceable fixed expenses

Office Segment Margin = $137,100 - $55,800

Office Segment Margin = $81,300

Net Operating Income = Office Segment Margin - Common Fixed Expenses

Common Fixed Expenses = Office Segment Margin - Net Operating Income

Common Fixed Expenses = $81,300 - $32,600

Common Fixed Expenses = $48,700

(THIS IS FOR THE OFFICE FANS!!)


Who (based on proof) do you think the Scranton Strangler?

A. Toby Flenderson

B. Robert California

C. Dwight Schrute

D. Gabe Lewis

E. Creed Bratton
(I will give my observation in the comments section)

Answers

Answer:

E

i say creed bc he just seems like it

Explanation:

dwight schrute akdjdkd blah blah blah minimum characters

Cabell Products is a division of a major corporation. Last year the division had total sales of $21,720,000, net operating income of $1,346,640, and average operating assets of $4,778,400. The company's minimum required rate of return is 15%. The division's margin is closest to: Dacker Products is a division of a major corporation. The following data are for the most recent year of operations:
Sales $38,380,000
Net operating income $ 3,758,960
Average operating assets $ 9,900,000
The company's minimum required rate of return 15%
The division's residual income is closest to:
Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below:
Sales
Net operating income
Average operating assets $17,540,000 $ 648,980 $ 4,560,000
The division's return on investment (ROI) is closest to:
Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below:
Sales $ 17,810,000
Net operating income $ 783,640
Average operating assets $ 4,640,000
The division's turnover is closest to:__________.

Answers

Answer:

1. Cabell Product Margin = Net operating income / Sales

Cabell Product Margin = 1346640 / 21720000

Cabell Product Margin = 0.062

Cabell Product Margin = 6.20%

2. Dacker Products Residual income = Net operating income - ( Average operating assets * Minimum required rate of return)

Dacker Products Residual income = 3758960 - (9900000*15%)

Dacker Products Residual income = 3,758,960 - 1,485,000

Dacker Products Residual income = 2,273,960

3. Agustin Return on investment = Net operating income / Average operating assets

Agustin Return on investment = 648980 / 4560000

Agustin Return on investment = 0.142320175

Agustin Return on investment = 14.23%

Agustin Turnover = Sales / Average operating assets

Agustin Turnover = 17810000 / 4640000

Agustin Turnover = 3.838362068965517

Agustin Turnover = 3.84

“EBIT is generally considered to be independent of financial leverage, because EBIT is the result of a firm’s operating effectiveness. However, with an excessive debt levels, EBIT might actually be influenced by financial leverage.”

Comment on the statement above.

Answers

Answer:

The answer is below

Explanation:

EBIT is known as an accounting measure to determine the profit level of a firm. It is an acronym of Earnings Before Interest and Taxes.

EBIT is generally considered to be independent of financial leverage because EBIT is the result of a firm’s operating effectiveness.

This is true because, EBIT is based on the firm's level of sales and cost of operation, of which financial leverage has no effects on it.

However, with excessive debt levels, EBIT might be influenced by financial leverage.

This implies that even though the financial leverage of a firm has no direct influence on EBIT, in a situation whereby a firm is operating at huge deficits, every aspect of the film will be concerned. This will include staff, customers, investors, and operational activities, thereby affecting the firm's sales and cost of operation. As a result, this will ultimately affect the firm's EBIT.

The following units of an inventory item were available for sale during the year: Beginning inventory 8 units at $49 First purchase 15 units at $51 Second purchase 27 units at $53 Third purchase 14 units at $55 The firm uses the periodic inventory system. During the year, 26 units of the item were sold. The value of ending inventory rounded to the nearest dollar using average cost is (Round average cost per unit to three decimal place.)

Answers

Answer:

$1,994

Explanation:

The computation of the ending inventory is shown below:

But before that the average cost is

= Total amount of purchased ÷ total units available

= (8  units × $49 +  15 units × $51 + 27 units × $53 + 14 units × $55) ÷ (8 units + 15 units + 27 units + 14 units)

= ($392 + $765 + $1,431 + $770) ÷ (64 units)

= $52.469

Now the ending inventory units is

= 64 units - 26 units

= 38 units

So, the ending inventory is

= 38 units × $52.469

= $1,994

Kingbird Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $249,600 and a remaining useful life of 8 years. During 2020, Kingbird incurred research and development costs of $90,000 and brought a patent infringement suit against a competitor. On December 1, 2020, Kingbird received the good news that its patent was valid and that its competitor could not use the process Kingbird had patented. The company incurred $93,500 to defend this patent.
Required: At what amount should patent(s) be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents?

Answers

Answer:

The amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

Explanation:

This can be calculated as follows:

Patent book value = $249,600

Remaining useful years January 1, 2020 = 8

Remaining useful months of the patents from January 1, 2020 = Remaining useful years January 1, 2020 * 12 8 * 12 = 96

Monthly Patent book value = Patent book value / Remaining useful months = $249,600 = $2,600

Patent book value amortized from January 1, 2020 to December 1, 2020 = Monthly Patent book value * 12 = $2,600 * 12 = $31,200

Legal fee incurred = $93,500

Number of months from January 1, 2020 to December 1, 2020 = 11

Relevant months of legal fee incurred starting from December 1, 2020 = Remaining useful months of the patents from January 1, 2020 - Number of months from January 1, 2020 to December 1, 2020 = 96 - 11 = 85

Monthly legal fee = Legal fee incurred / Relevant months of legal fee incurred starting from December 1, 2020 = $93,500 / 85 = $1,100

Amount to report = Patent book value amortized from January 1, 2020 to December 1, 2020 + Monthly legal fee for December 1, 2020 only = $31,200 + $1,100 = $32,300

Therefore, the amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

g Coronado Industries sold some of its plant assets during 2021. The original cost of the plant assets was $902000 and the accumulated depreciation at date of sale was $842000. The proceeds from the sale of the plant assets were $89800. The information concerning the sale of the plant assets should be shown on Coronado's statement of cash flows (indirect method) for the year ended December 31, 2021, as a(n)

Answers

Answer and Explanation:

Since the following information is mentioned in the question

The purchase cost is $902,000

Accumulated depreciation is $842,000

The proceeds from the sale of plant asset is $89,800

So based on the above information, the sale of the plant asset would be shown in the investing activities of the cash flow statement in a positive amount

Hence it would be reported under the investing activities section

Annual maintenance cost for a particular section of highway pavement are $3,000.The placement of a new surface would reduce the annual maintenance cost to $400 per year for the first 5 years, and to $800 per year for the next 5 years. After 10 years, the annual maintenance cost would again be $3,000. If the maintenance costs are the only saving, how much investment can be justified for the new surface, by assuming interest at 6%

Answers

Answer:

$17,877

Explanation:

initial outlay = ?

net cash flows years 1 to 5 = $3,000 - $400 = $2,600

net cash flows years 6 to 10 = $3,000 - $800 = $2,200

assuming that the discount rate is 6%, we need to determine the maximum amount of initial investment that would result in the NPV = 0

in order to do this we have to calculate the present value of the future cash flows:

PV = $2,600/1.06 + $2,600/1.06² + $2,600/1.06³ + $2,600/1.06⁴ + $2,600/1.06⁵ + $2,200/1.06⁶ + $2,200/1.06⁷ + $2,200/1.06⁸ + $2,200/1.06⁹ + $2,200/1.06¹⁰ = $17,877

that means that the maximum amount that can be invested = $17,877, and that way the NPV = 0

Item9 Time Remaining 57 minutes 4 seconds00:57:04 Item 9Item 9 Time Remaining 57 minutes 4 seconds00:57:04 In a statement of cash flows: Multiple Choice Operating activities are the same activities as reported in the income statement. The two primary reporting classifications of cash flows are inflows and outflows. No noncash transactions are reported in the statement itself or the related footnote. Inflows and outflows for cash equivalents are reported as operating activities.

Answers

Answer:

Operating activities are the same activities as reported in the income statement

Explanation:

As we know that in the cash flow statement there are three types of sections i.e. operating, investing and financing. ALso it deals with the inflow and the outflow of cash

here we adjusted the non-cash and non-operating activities to the operating profit

Plus we add the non-cash expense

and deduct the gain and add the losses

Therefore the first option is correct

Recently us dairies struggling to increase milk sale tried to change the way adults thought about chocolate milk the dairies wanted to.

Answers

Reposition how the consumers perceived chocolate milk.

Hart corporation owns machinery with a book value of 285,000. It is estimated that the machinery will generate future cash flows of 300,000. The machinery has a fair value of 210,000. Hart should recognize a loss on impairment of:___________
a) 0
b) 15,000
c) 75,000
d) 90,000

Answers

Answer- 0
The correct answer is a. 0.

This is because the loss on impairment is calculated by subtracting the recoverable value from the carrying value, and is recorded only if carrying value is higher than recoverable value.

Hope this helps....

what are two suggestions for finding a job?

Answers

1. plan ahead and organize for both the application and if you actually get the job.

2. do something you love that fits your personality!

Answer:

Look online since it's a pandemic going on right now, try to find a good paying job that you can do without breaking your back and also has good pay like 15$ or 20$ a hour is good for starters, in certain schools, you can get paid for doing certain things but if really needed to, you can go into a store that you would want to work at to see if they have any openings. Hope this helps! Have a nice day!

Explanation:

a weak home currency may not be the perfect solution to correct a balance of trade deficit because

Answers

Answer:

foreign companies may reduce the prices of their products to stay competitive.

Which of the following characteristics accurately describes the stock market?
An active market that determines the price of a firm’s shares
A fixed-income market where participants buy and sell debt securities
The bid-ask spread in a dealer market represents the profit that a dealer would make on a transaction involving a security. Which of the following statements best describes the bid-ask spread?
The difference between the closing price of the security and the opening price of the security on the day of the transaction.
The sum of the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it.
The difference between the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it.
Fernando, a trader, wants to buy 1,000 shares of XYZ stock, while a second trader, Ally, is willing to sell 1,500 shares of the same stock. Unfortunately, Fernando and Ally don’t know one another and must complete their transactions using the stock exchange’s market-making dealer. XYZ’s market maker is willing to sell her shares for $26.80 per share and purchase additional shares for $26.25 per share. Select the most appropriate values in the following table:
Bid price 26.25, 25.80, 31.50
Ask price 40.20,26.80,26.25
Bid-ask spread 26.25,87.67,0.55
If the market maker is willing to purchase the entire block of 1,500 shares from Ally and, from that block, resell 1,000 shares to Fernando, then the market maker’s net profit from Fernando’s transaction—excluding any inventory effects—will be:_________
a) 275,00
b) 825.00,
c) 503.00,
d) 550.00

Answers

Answer:

1. The characteristic that accurately describes the stock market is:

An active market that determines the price of a firm’s shares.

2. The statement that best describes the bid-ask spread is:

The difference between the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it.

3.  Bid price = $26.25; Ask price = $26.80

4. Fernando’s transaction—excluding any inventory effects—will be:_________

d) 550.00

Explanation:

a) Data and Calculations:

XYZ's market maker:

Sell shares at $26.80 * 1,000 = $26,800

Buy shares at $26.25 * 1,000 =  26,250 ($39,375 - 13,125)

Net profit                                       $550

Thus, the inventory of shares = $13,125 ($26.25 * 500)

b) The bid price is the amount per share that the XYZ market maker is willing to buy the 1,500 Ally shares.  The ask price is the amount per share that the market maker is willing to sell the 1,000 shares to Fernando.  The bid-ask spread represents the difference between the bid price and the ask price.  It is the profit margin for the market maker.

When a country (or a person) borrows money to pay yearly debt they are involved in this type of spending.
surplus spending
C. consumer spending
b. deficit spending
d. corporate spending
a.

Answers

Deficit spending because funds are raised by borrowing rather than from taxation.

An investor implements a collar strategy by purchasing 100 shares of the Tesla stock at a price of $840 per share, selling 100 call options on the Tesla stock with a strike price $880 per share, and buying 100 put option on the Tesla with a strike price of $800. The premium of the call option is $35 per share and the premium of the put option is $32. At which stock price at the maturity of the option will the investor break even

Answers

Answer: $837

Explanation:

The following information can be gotten from the question:

Purchase price = $840 per share

Premium of call option = $35 per share

Premium of put option = $32 per share

From the above, the premium received will be:

= $35 - $32 = $3

Investors break even will then be:

= Purchase price - Premium received

= $840 - $3

= $837

Net income for the year was $29,500. Accounts receivable increased $2,500, and accounts payable increased $5,400. Under the indirect method, the cash flow from operations is $32,000.
a. True
b. False

Answers

Answer:

a.

Explanation:

True

hope it helps!

....

Pacifica Industrial Products Corporation makes two products, Product H and Product L. Product H is expected to sell 40,000 units next year and Product L is expected to sell 8,000 units. A unit of either product requires 0.4 direct labor-hours.
The company's total manufacturing overhead for the year is expected to be $1,632,000.
Required:
1-a. The company currently applies manufacturing overhead to products using direct labor-hours as the allocation base. If this method is followed, how much overhead cost per unit would be applied to each product? Product H Product L Overhead cost per unit
1-b. Compute the total amount of overhead cost that would be applied to each product Product H Product L Total Total overhead cost
2. Management is considering an activity-based costing system and would like to know what impact this change might have on product costs. For purposes of discussion, it has been suggested that all of the manufacturing overhead be treated as a product-level cost. The total manufacturing overhead would be divided in half between the two products, with $816,000 assigned to Product H and $816,000 assigned to Product L If this suggestion is followed, how much overhead cost per unit would be assigned to each product? (Round your answers to 2 decimal places.)
Product H Product L
Overhead cost per unit

Answers

Answer:

1a. Product H $16,000

Product L $3,200

1b. Product H $1,360,000

Product L $272,000

Total $1,632,000

2. Product H $20.40

Product L $102.00

Explanation:

1-a. Calculation for how much overhead cost per unit would be applied to each product

Product H Product L

Number of units produced 40,000 8,000( a)

Direct labor-hours per unit (b) 0.40 0.40 (b)

(a) × (b)=Total direct labor-hours 16,000 3,200 Total =$19,200

Therefore Amount of hoverhead cost per unit applied to each product is :

Product H $16,000

Product L $3,200

1-b. Computation for the total amount of overhead cost that would be applied to each product

Product H Product L Total

Manufacturing overhead applied per unit

0.40 DLH per unit × $85.00 per DLH= $34.00 (a)

Number of units produced 40,000 8,000 (b)

(a) × (b)=Total manufacturing overhead applied $1,360,000 $272,000

Total=Product H $1,360,000+Product L $272,000

Total= $1,632,000

Predetermined overhead rate of $ 85.00 per DLH is calculated as:

Total manufacturing overhead $ 1,632,000(a)

Total direct labor-hours 19,200 DLHs(b)

(a) ÷ (b) =Predetermined overhead rate $ 85.00 per DLH

Therefore the total amount of overhead cost that would be applied to each product is :

Product H $1,360,000

Product L $272,000

Total $1,632,000

C. Calculation for how much overhead cost per unit would be assigned to each product

Product H Product L Total

Total manufacturing overhead assigned (a)

$816,000 $816,000 =$1,632,000

Number of units produced (b) 40,000 8,000

(a) ÷ (b) =Manufacturing overhead per unit $20.40 $102.00

Therefore the amount of overhead cost per unit would be assigned to each product is :

Product H $20.40

Product L -$102.00

i would just like the people who run this know that priyanka2003 gave an incorrect answer

Answers

Answer:

Bruh thats mean smh

Explanation:

Suppose a Canadian firm and a Japanese firm both produce rice. Also suppose the ratio of the price of land divided by the price of labour is lower in Canada than in Japan. If they both seek to maximize economic profit, the Canadian firm will use the two inputs, land and labour, in such a way that its land/labour ratio in production:_________.
A. is equal to one.
B. is higher than that of the Japanese firm.
C. is equal to that of the Japanese firm.
D. is lower than that of the Japanese firm.
E. can't be determined without knowing the absolute prices of land and labour in each country,

Answers

Answer:

The answer is "Option E".

Explanation:

Complete values are the number of dollars that can be traded for just a specified volume.

Cash flows calculate that equity capital to a workforce. In particular, over the period, companies generally have higher equity shares rated to improve their output through investment as well as the automation of a working system. The capital adequacy ratio (K/L) was its proportion of assets to capital levels of intensity.

Labor's high wealth Whenever the labor costs are high, companies will try to replace assets with labor. For example, waitstaff in Europe is fitted with a mitral valve that directly delivers the orders to a kitchen.

It allows the use of labor less efficient and far less necessary. It may not be necessary or desirable to spend in the command post equipment to relatively low labor costs, thus providing a feeling of sadness ratio. The brief variation in labor is simpler than the stock of capital. Financial performance to work is tending may rise in downturns as companies lose their jobs. Migrants and creating a company High national salaries of areas with high working capital will usually occur.

This would allow employers to shift from a low investment wage to a high wage growth ratio. It reduces real wage inequalities and eliminates the investment difference. In western China, for example, workers have moved to SE China, of higher wages.

Kieso Company borrowed $630,000 for five months. The annual interest rate on the loan was 9%. Kieso's fiscal year ends on December 31. Kieso borrowed the $630,000 one month prior to the end of its last fiscal year and paid the $630,000 plus interest back four months into its current fiscal year. How much interest expense, if any, would Kieso report at the end of its last fiscal year and at the end of its current fiscal year

Answers

Answer and Explanation:

The computation of the interest expense is shown below'

The following formula should be used:

= borrowed amount × rate of months × number of months ÷ total number of months

End of last year is

= $630,000 × 9% × 1 ÷ 12

= $4,725

And,

Current fiscal year is

= $630,000 × 9% × 4 ÷ 12

= $18,900

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Question 2. Suppose the mean age of video game players is 28, the standard deviation is 9 years, and the distribution is bell shaped. To assist a video game company’s marketing department in obtaining demographics to increase sales, determine the proportion of players who are
a. between 19 and 28
b. between 28 and 37
c. older than 37

Answers

Answer:

0.34134 ; 0.84134; 0.15866

Explanation:

Given that:

Mean (m) = 28

Standard deviation (s) = 9

Proportion of players;

a. between 19 and 28

P(x < 28) - P(x < 19)

Z = (x - mean) / standard deviation

[Z = (28 - 28) / 9] - [Z = (19 - 28) /9]

P(Z < 0) - P(Z < - 1)

0.5 - 0.15866 [Z probability calculator]

= 0.34134

b. between 28 and 37

P(x < 37) - P(x < 28)

Z = (x - mean) / standard deviation

[Z = (37 - 28) / 9] - [Z = (28 - 28) /9]

P(Z < 1) - P(Z < 0)

0.84134 - 0 [Z probability calculator]

= 0.84134

c. older than 37

P(x > 37)

Z = (x - m) / s

Z = (37 - 28) / 9

Z = 9/9 = 1

P(Z > 1) = 1 - P(Z < 1)

P(Z > 1) = 1 - 0.84134

P(Z > 1) = 1 - 0.84134

P(Z > 1) = 0.15866

On August 1, 2020, Ascent Corp. borrowed $80,000 cash on an 8-month note payable with a 7% annual rate that requires Ascent to pay all the interest and principal on April 1, 2021. Assuming the necessary adjusting entry to accrue interest expense was properly recorded on December 31, 2020, the journal entries to record the payment of interest on April 1, 2021 will include a (Round to the nearest whole dollar, if necessary):

Answers

Answer and Explanation:

The computation is shown below:

Interest payable:

= Borrowed amount × rate of interest × given months ÷ total months

= $80,000 × 7% × 5 ÷ 12

= $2,333.33

And,

Interest expense:

= Borrowed amount × rate of interest × given months ÷ total months

= $80,000 × 7% × 3 ÷ 12

= $1,400

So here for recording the payment of interest the interest payable is debited for $2,333.33

The same is to be considered

Which psychographic or lifestyle trend does this study support

Answers

Answer:

where is the study at?

Explanation:

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