All categories

2 years ago

Which action is related to short-term planning?

Business

1 answer:

Inga [223]2 years ago

4 0

Answer:

<h3 /><h3>B. Lillan buys a sports car and leases a garage near her apartment to protect the car from bad weather.</h3>

You might be interested in

Lens Care Inc. (LCI) manufactures specialized equipment for polishing optical lenses. There are two models - one mainly used for

zmey [24]

Answer:

1. Product cost for model B-13

Various Manufacturing cost = Cost driver * Activity Rate

Materials handling = 180 parts x $2.40 = $432.00

Manufacturing Supervision = 7.50 machine hours x $14.80 = $111.00

Assembly = 180 parts * $3.30 = $594.00

Machine setup = 3 setups * $56.50 = $169.50

Inspection and testing = 1.50 inspection time * $45.50 = $68.25

Packaging = 0.75 packaging time * $19.50 = $14.63

Total Manufacturing cost =$432.00 + $111.00 + $594.00 + $169.50 + $68.25 + $14.63 = $1389.38

Particulars Amount$

Direct Materials 150.50

Manufacturing cost 1,389.38

Total Product cost 1,539.88

The product cost for model B-13 is $1,539.88

2. Product cost for model F-32

Various Manufacturing cost = Cost driver * Activity Rate

Materials handling = 110 parts * $2.40 = $264.00

Manufacturing Supervision hours = 6.20 machine hours * $14.80 = $91.76

Assembly = 110 parts * $3.30 = $363.00

Machine setup = 2 setups * $56.50 = $113.00

Inspection and testing = 1.25 inspection time * $45.50 = $56.88

Packaging = 0.50 packaging time * $19.50 = $9.75

Total Manufacturing cost = $264.00 + $91.76 + $363.00 + $113.00 + $56.88 + $9.75 = $898.39

Particulars Amount$

Direct Materials 95.90

Manufacturing cost 898.39

Total Product cost 994.29

Hence, the product cost for model F-32 is $994.29.

3. Particulars Amount$

Sales 1,690.00

Less: Product cost 1,539.88

Product Margin 150.12

Hence, the product margin for Model B-13 is $150.12

4. Particulars Amount$

Sales 922.00

Less: Product cost 994.29

Product Margin -72.29

Hence, the product margin for Model F-32 is -$72.29

8 0

4 years ago

The adjusted trial balance of Gary Cooper Co. as of December 31, 2014, contains the following.

Vladimir79 [104]

Answer and Explanation:

The presentation of each of the financial statement is presented below:

GARY COOPER CO.

Income Statement

For the Year Ended December 31, 2020

Particulars Amount

Revenues:

Service revenue $13,010

Total revenue (a) $13,010

Less: Expenses:

Salaries and wages expense $8,260

Rent expense $2,154

Depreciation expense $251

Interest expense $189

Total expenses (b) $10,854

Net Income (a - b) $2,156

GARY COOPER CO.

Retained Earnings Statement

For the Year Ended December 31, 2020

Particulars Amount

Beginning balance of Retained earnings $12,730

Add: Net income $2,156

Less: Dividends -$4,420

Ending balance of Retained earnings $10,466

GARY COOPER CO.

Balance Sheet

For the Year Ended December 31, 2020

Assets:

Cash $20,892

Accounts receivables $8,340

Prepaid rent $3,700

Equipment 19470

Less: Accumulated depreciation

on equipment ($6,315) $13,155

Total Assets $46,087

Liabilities and Stockholder's Equity:

Current Liabilities:

Accounts payable $6,892

Notes payable $7,120

Interest payable $189

Total Current liabilities $14,201

Stockholder's equity:

Common stock $21,420

Retained earnings $10,466

Total Stockholder's Equity $31,886

Total Liabilities and Stockholder's Equity $46,087

8 0

3 years ago

Packard Corporation transferred its 100 percent interest to State Company as part of a complete liquidation of the company. In t

inessss [21]

Answer:

Hi how are you doing today Jasmine

5 0

3 years ago

Research suggests that, on average, acquisitions increased the market value of target firms by about ________ percent and ______

denpristay [2]

Answer:

B. 25; left the market value of the bidding firms unchanged.

Explanation:

Research suggests that, on average, acquisitions increased the market value of target firms by 25% and left the market value of the bidding firms unchanged.

This simply means, a target firm's market value increases by 25 percent as soon as a bidding firm shows interest in acquiring or buying it while the bidding firm' market value remains the same.

8 0

3 years ago

The law of one price states that A. most countries require that all exported goods have the same price. B. most countries requir

solmaris [256]

Answer: The answer is D.!

Explanation: states that the price of an identical asset or commodity will have the same price globally, regardless of location, when certain factors are considered.

Brainlest Please?

6 0

3 years ago

Which action is related to short-term planning?​

Which action is related to short-term planning?