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Related Questions
CWB Inc. produces stuffed bunnies. The company normally produces and sells 78,000 stuffed bunnies each year at a selling price of $50 per unit. The company's unit costs at this level of activity are given below:
Direct materials $9.30
Direct labor 8.00
Variable manufacturing overhead 2.00
Fixed manufacturing overhead 6.00 ($468,000 total)
Variable selling expenses 1.50
Fixed selling expenses 6.00 ($468,000 total)
Total cost per unit $32.80
An outside manufacturer has offered to produce stuffed bunnies and ship them directly to CWB's customers. If CWB Inc. accepts this offer, the facilities that it uses to produce stuffed bunnies would be idle; however, fixed manufacturing overhead costs would be reduced by 30%. Because the outside manufacturer would pay for all shipping costs, the variable selling expenses would be only three-fourth of their present amount. What is the maximum price per unit quoted by the outside manufacturer that CWB Inc. is willing to accept? (Round your
answer to 2 decimal places.)
Answers
If the company were willing to increase its fixed selling expenses by $139,000, it could increase its annual sales by 20% above the current 78,000 units.
How much does a unit cost?The term "cost per unit" encompasses both the variable and fixed costs of producing and delivering a single unit of any product to a final consumer. Keeping track of your cost of goods sold provides context for pricing and ensures profit generation. Cost per unit provides insight into the costs associated with producing a single item, receiving new inventory, storing it, fulfilling it, and shipping it. By separating the expense per unit, you can distinguish shortcomings that are driving up costs, thusly lessening overall revenues.
A low cost per unit is a sign of efficient production and logistics, which guarantees profit per sale. Obviously, quality assumes a part, as better or premium merchandise regularly cost more to create than less solid or less expensive materials.
If the company were willing to increase its fixed selling expenses by $139,000, it could increase its annual sales by 20% above the current 78,000 units.
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explain the peripheral functions of management
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Answer:
Explanation:
The peripheral functions of management refer to the additional activities that support the primary functions of planning, organizing, leading, and controlling. These peripheral functions include activities such as communication, decision-making, problem-solving, and coordination. They play a crucial role in ensuring effective management by facilitating information flow, resolving issues, making informed choices, and promoting collaboration among team members. While not the core functions, these peripheral activities are essential for the overall success and efficiency of an organization.
Hope it helps!
what factors do you need to consider when producing this good?
Answers
Answer:
Factors of production is an economic term that describes the inputs used in the production of goods or services in order to make an economic profit. These include any resource needed for the creation of a good or service. The factors of production include land, labor, capital and entrepreneurship.
Explanation:
A chart of accounts lists the accounts and balances at a specific time.
True
False
Answers
A chart of accounts lists the accounts and balances at a specific time is the true statement, as it a digestible breakdown of all transactions.
What is a chart of accounts?chart of accounts is a list of all the accounting records in a company's general ledger. In a nutshell, it's an organizational tool that breaks down all of a company's financial transactions into subcategories and presents them in an easily understandable format.
Thus, it is a true statement.
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Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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The federal government is the only entity that requires corporations to pay income tax on their net income .(True /False)
Answers
Answer:
False
Explanation:
Find the duration of a bond with settlement date June 11, 2018, and maturity date December 15, 2027. The coupon rate of the bond is 4%, and the bond pays coupons semiannually. The bond is selling at a yield to maturity of 5%.
Answers
Answer:
The duration of a bond is 7 years and 7 months.
Explanation:
The settlement date is the date that the bond transaction is concluded, the date that the buyer must pay for the bond and the seller must deliver the asset.
The maturity date is the date where the seller will receive an amount equal to the principle or nominal amount of the bond.
Thus, the duration of the bond is the period between the settlement date (June 11, 2018) and the maturity date (December 15, 2027).
The period is 7 years and 7 months
Why is pay a valuable part of employee recognition? What are the potential results
of not paying employees a competitive salary?
Answers
Answer:
If your staff is unsatisfied and leaves your company for a more competitive rate elsewhere, you'll have new expenses, including the cost of hiring and training new team members. Companies that don't offer competitive pay also risk a decrease in overall employee performance.
4. Gardening, Inc., borrowed $94,500 at 11.65 percent ordinary interest for 15 days:
What is the maturity value?
Answers
Answer:
$ 94952.434
Explanation:
94500 x 11.65% divide that by 365 days (1 year) ---A
Multiply that ans. (A) by 15 days ( according to question)
my question is what is in decentralization
Answers
Decentralization or decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group.
Conlon Enterprises reports the following information about resources. Cost Driver Rate Cost Driver Volume Resources used Setups $ 385 per run 440 runs Clerical 40 per page 2,800 pages typed Resources supplied Setups $ 172,750 Clerical 120,700 Sales revenue totaled $330,000. Required: a. Prepare a traditional income statement. b. Prepare an activity-based income statement.
Answers
Answer:
Conlon Enterprises
a. Traditional Income Statement
Sales revenue $330,000
Setup costs 169,400
Clerical costs 112,000
Operating profit $48,600
b. Activity-based Income Statement:
Resources Resources Unused Resource Total
Supplied Used Capacity
Sales revenue $330,000
Costs:
Volume-related Setups $172,750 $169,400 $3,350
Batch-related Clerical 120,700 112,000 8,700
Total costs $293,450 $281,400 $12,050 281,400
Operating profit $48,600
Explanation:
a) Data and Calculations:
Cost Driver Rate Cost Driver Volume Total Resources used
Resources used
Setups $ 385 per run 440 runs $169,400
Clerical 40 per page 2,800 pages typed $112,000
Resources supplied
Setups $ 172,750
Clerical 120,700
Sales revenue totaled $330,000
Tony Hsieh is a big thinker and Zappos is clearly his baby. But he's also into philanthropy and community development activities that are taking up more of his time. And, perhaps he'll come up with other new business ideas as well. As a leadership coach, what steps would you recommend that he take now to ensure that his leadership approach and vision lives on at Zappos long after his departure? What can a strong and secure leader like him do to ensure a positive leadership legacy in any situation?
Answers
To ensure a positive leadership legacy, Tony Hsieh can focus on mentorship, succession planning, and fostering a strong company culture at Zappos.
What is positive leadership legacy?Character, decisions, behavior, consistency, confidence, and compassion are the six pillars of your leadership legacy that may decide how you establish, create, grow, and are remembered. From inside, take the initiative.
Leaving a leadership legacy does not imply leaving something for future generations. It's leaving an impression on folks.
Legacy is determined not just by your accomplishments and vision, but also by how you conduct yourself as a leader and the decisions you make on a daily basis. "If you decide to do the right thing when no one is looking, you build a track record, and people trust you," Bates explained.
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On January 1, 2019, Moira, Inc. borrowed $100,000 on a 10-year 9% installment note payable to buy the Rosebud Motel. The terms of the note require 10 equal annual payments each December 31 for 10 years. The required journal entry to record the first payment on the note on December 31, 2019 would include a debit to Notes Payable in the amount of
Answers
Answer:
$15,582
Explanation:
On this question, use the Time Value of Money Techniques to find the the Annual Instalment (PMT).The amount of annual installment can be calculated using a Financial Calculator as :
PV = $100,000
N = 10
I = 9 %
FV = 0
P/YR = 1
PMT = ?
Entering the data as shown in a financial calculator gives an annual instalment (PMT) of $15,582.
The payment journal would be :
Note Payable $15,582 (debit)
Cash $15,582 (credit)
Thus, this would be a debit to Notes Payable in the amount of $15,582.
The accounting treatment of owner-occupied properties and that of investment properties is prescribed by IAS 16: Property, Plant and Equipment and IAS 40: Investment Property respectively.
Required:
Define property, plant and equipment under IAS 16 and explain why its accounting treatment is different from that of investment property.
Explain how the treatment of owner-occupied property carried under the revaluation model differs from an investment property carried under the fair value model.
Answers
A property, plant, or piece of equipment must be depreciated separately for each component that has a cost that is significant relative to the total cost of the item.
How is property, plant, and equipment measured?Property, plant, and equipment are initially valued at their cost, then revalued or measured using a cost model. Finally, they are depreciated so that the depreciable amount is distributed systematically over the course of their useful lives.
Property, plant, and equipment are tangible items that are held for use in the manufacture or provision of goods or services, for rental to third parties, or for administrative needs, and that is anticipated to be used over a prolonged period of time.
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What is the difference in the present worth between an investment of $10,000 per year for 50 years and an investment of $10,000 per year forever at an interest rate of 10% per year
Answers
Answer:
Difference in Present Value = $ 851.86
Explanation:
The fist scheme is an annuity. A series of fixed cash flow occurring annually for certain period of time. We can determine the present value of the annuity using the formula below:
PV = A × (1- (1+r)^(-n) )/r
10,000 × (1- 1.10^(-50))/0.1 =99,148.14
The second scheme is a perpetuity . A series of fixed cash inflow occurring for the unforeseeable future
PV = A × 1/r
PV = 10,000× 1/0.1= 100,000
Difference in PV = 100,000 - 99,148.14= 851.855
Difference in Present Value = $ 851.86
what is paying divedends to stockholders do?
Answers
Dividends are paid out by companies as a strategy to reward present stockholders and lure in new ones.
Owners of one or more shares of a company's capital stock are referred to as stockholders or shareholders. As a result of being seen as distinct from the corporation, an investor is only partially liable for its debts. Common stockholder is a term used to describe a person who owns shares of common stock in a firm. The corporation's board of directors is chosen by the company's common investors, who also cast ballots on specific decisions like the company's merger with another corporation. When a business succeeds more and more, common stockholders typically benefit financially. Some businesses also issue preferred stock along with common stock. Preferred stockholders are the people who own shares of preferred stock.
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An advantage of organization in the u.s. that compete globally is
Answers
Answer:
An advantage of organization in the U.S. that compete globally is:
a. Poor quality of Japanese companies
b. Strong entrepreneurial spirit
c. Government regulations
d. Protectionist sentiment
Please mark my answer as brainliest for further answers :)Dribbling in field hockey is when you.
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Answer:
Dribbling is a technique used in field hockey to move the ball forward using small touches with a hockey stick.
Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.
a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?
Answers
The following answers are based on a monopoly economy.
The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.What is a monopoly?A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.
To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.
At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.
For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,
Total Cost = Equilibrium Output * ATC (Average Total Cost)
= 7.5 * 100
= $750
To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.
Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)
= $1000 - $ 750
= $250
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List two characteristics of the market structure where Telkom operates before the emergence of the big three
Answers
Answer:
The two main characteristics of the market structure where Telkom operates before the emergence of the big three are:
1. Profit-maximization as the single seller and price-fixer
2. High barriers to entry of all entities backed by government regulations
Explanation:
Telkom was the only fixed-line and state-owned monopolist in South Africa until the mid-1990s when the big three telecom competitors emerged following deregulation. During the era when it was a monopolist, Telkom was the only provider of fixed-line telephone services. At that time, mobile networks had not been introduced. As a single seller of its services, Telkom practiced price discrimination and maximized profits, ensuring that the barriers to entry of other companies were strongly protected by law.
18 1/2% to a fraction and reduce to lowest term
Answers
The lowest term of the given fraction 18 /12 is 37/2.
What is a Fraction?An element of a whole is a fraction.
The number is represented mathematically as a quotient, where the numerator and denominator are split.
Both are integers in a simple fraction.
A fraction appears in the numerator or denominator of a complex fraction.
The numerator of a proper fraction is less than the denominator.
So, we have the fraction:
18 1/2
Now, convert t in the lowest term as follows:
18 1/2
2(18)+1/2
36+1/2
37/2
Therefore, the lowest term of the given fraction 18 /12 is 37/2.
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Correct question:
18 1/2 to a fraction and reduce to the lowest term?
Suppose that $2000 is invested at a rate of 4%, compounded semiannually. Assuming that no withdrawals are made, find the total amount after 7 years.
Do not round any intermediate computations, and round your answer to the nearest cent.
Answers
Assume that $2,000 is saved at a 4% yearly compounding rate. Find the total after $2437.99 assuming no withdrawals are made.
What's an illustration of assuming?I was startled when he did not arrive because I had believed he would. She inferred that he was perplexed based on his demeanor. We'll show around around noon. Providing our flight leaves on schedule, that is
What is the use of assuming?In order to think out the implications of a potential occurrence or event, you employ assumption. If you're right, there wasn't much I have to do about it, he said.
Briefing
A = P(1+r/n)^ nt
A = 2000(1+.04/2)^(5*2)
A = 2000(1.02) =$2437.99
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The second step of writing a career action plan is to: perform an informational interview. list all work experience. list and analyze the results of self-assessments. make short term goals.
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The second step of writing a career action plan is to make short term goals. The Option D is correct.
What is the significance of career action plan?A career action plan refers to a roadmap that guide someone from the starting point in your career to a place where you feel like you're truly advancing. For example, the plan can help you choose an occupation and then guide you to getting a job and advancing in your career.
Career action plan is also referred to as an Individualized Career Plan or an Individualized Career Development Plan which will help you reach your career goals.
In essence, the timeline for achieving one's career action plan goals should start with your short-term ones and end with your primary objective. We need to be flexible as career action plan can always change.
Full question "The second step of writing a career action plan is to: a. perform an informational interview. b. list all work experience. c. list and analyze the results of self-assessments. d. make short term goals.
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6. According to the efficient market hypothesis
b)
c)
d)
Stock prices reflect all available information
Today's stock price incorporates the past history of prices
Today's stock price is the best predictor of tomorrow's stock price
All of the above
Answers
According to the efficient market hypothesis, today's stock price incorporates past history and is the best predictor
The stock price is the cost to purchase a corporation's stock share. Both an asset's inherent value and market expectations have an impact on a stock's market value. Typically, investors utilize technical and fundamental research to make short-term predictions about stock values. The effective market hypothesis states that shares are traded at fair value, prohibiting investors from selecting a cheap stock now to receive a future premium.
The stock price reflects the known information, which will be correlated with the future price. Thus, it would be able to forecast the effective future price of the stock. The stock price estimation will take into account all available information under the strong form of the efficient market hypothesis. The information available in the past would also be useful in predicting past and present stock prices.
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On January 1, 2020, Shay Company issues $700,000 of 10%, 15-year bonds. The bonds sell for $684,250. Six years later, on January 1, 2026, Shay retires these bonds by buying them on the open market for $731,500. All interest is accounted for and paid through December 31, 2025, the day before the purchase. The straight-line method is used to amortize any bond discount.
-What is the amount of the discount on the bonds at issuance?
-How much amortization of the discount is recorded on the bonds for the entire period from January 1, 2020, through December 31, 2025?
-What is the carrying (book) value of the bonds as of the close of business on December 31, 2025?
-Prepare the journal entry to record the bond retirement.
Answers
1. The amount of the bond discount at issuance is $15,750.
2. $6,300 amortization discount has been recorded on the bonds from January 1, 2020, through December 31, 2025.
3. The carrying (book) value of the bonds as of the close of business on December 31, 2025, is $690,550.
4. The journal entry to record the bond retirement at a loss is as follows:
Journal Entry:Account Titles Debit Credit
December 31, 2025:
Bonds Payable $700,000
Retirement Loss $40,950
Cash $731,500
Bond Discounts $9,450
Bonds' issuance date = January 1, 2020
Face value of bonds = $700,000
Sales proceeds = $684,250
Bond discounts at issuance = $15,750 ($700,000 - $684,250)
Period of bonds = 15 years
Coupon rate = 10%
Bond's retirement on Jan. 1, 2026 = $731,500
Bond discount amortization method = straight-line
Annual bond amortization = $1,050 ($15,750/15)
Bond amortized after 6 years = $6,300 ($1,050 x 6)
Carrying value of bonds on December 31, 2025 = $690,550 ($700,000 - $9,450)
Carrying value of bond discounts = $9,450 ($15,750 - $6,300)
Transaction Analysis:Bonds Payable $700,000 Retirement Loss $40,950 Cash $731,500 Bond Discounts $9,450
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External factors of KFC opening in Saudi Arabia (what are the external factors with explanation and example) using PESTEL Analysis
Answers
Answer:External factors of KFC opening using PESTEL Analysis
Explanation:
There are several external factors that may impact the decision for KFC to open in Saudi Arabia, which can be analyzed using the PESTEL framework.
Political factors:
The political environment in Saudi Arabia may impact KFC's decision to open in the country. For example, the country has strict laws and regulations that businesses must follow, including rules related to the sale of alcohol and the dress code for employees.
Additionally, the government may have policies in place that could affect KFC's operations, such as import/export regulations and taxes.
Economic factors:
The economic environment in Saudi Arabia may also be a factor for KFC to consider. For example, the country's GDP and economic growth rate, as well as the purchasing power of consumers, could impact KFC's potential success in the market.
Additionally, KFC may need to consider the cost of operating in the country, including labor and rental costs.
Social factors:
The social environment in Saudi Arabia may also be relevant for KFC to consider. For example, the country has a large Muslim population, which may impact KFC's menu and marketing strategies.
KFC may also need to consider local customs and traditions, as well as consumer preferences and attitudes towards fast food.
Technological factors:
The technological environment in Saudi Arabia may impact KFC's decision to open in the country. For example, the availability and use of technology in the country, such as point-of-sale systems and online ordering platforms, may affect KFC's operations.
Environmental factors:
The environmental regulations in Saudi Arabia may be a factor for KFC to consider. For example, the country may have strict laws related to waste management and energy efficiency that KFC would need to comply with.
Legal factors:
KFC would also need to consider the legal environment in Saudi Arabia, including any relevant laws and regulations related to business operations, employment, and intellectual property.
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Why should a global marketing manager consult local attorneys in other countries before creating a marketing campaign abroad?
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Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $156,000. The machine's useful life is estimated to be 20 years, or 110,000 units of product, with a $1,000 salvage value. During its second year, the machine produces 4,400 units of product. Determine the machines' second-year depreciation under the straight-line method.
Multiple Choice
$7,800.
$6,240.
$6,200.
$7,850.
$7,750.
Answers
Answer:
Explanation:
Annual depreciation=(cost-salvage value)/useful life
Annual depreciation =(156,000-1000)/20
Annual depreciation =$7750/year
Hence Depreciation for second year=$7750.
Which of the following is the process the listener takes to assess the information received from the speaker?
A. Evaluating
B. Receiving
C. Providing feedback D. Understanding
Answers
Answer:
Explanation:
A- Evaluating
Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
Answers
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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