Help me please :( Why is being an operations manager more complicated than it used to be?

Find the missing data. CINNAMON AND SPICE, INC. Income Statement For the Year Ended December 31, Year 3 Revenues Sales Revenue $

sveta [45]

Answer:

Total revenues are $3,810,200, other selling and administrative expenses are $1,051,500, and net income is $364,600.

Explanation:

The sum of both revenues will be the total revenue.

Revenues Sales Revenue $ 3,000,000

Service Revenue 810,200

Total Revenues 3,810,200

From the total expenses, we subtract all the know expenses to get S&A expenses:

Total Expenses 3,445,600

Expenses Salaries and Wages Expense (1,314,900)

Advertising and Promotion Expenses (482,200)

Interest Expense (225,600)

Other Expenses (253,700)

Income Tax Expense (117,700)

Other Selling and Administrative 1,051,500

Net income will be total revenues less total expenses:

3,810,200 - 3,445,600 = 364,600

6 0

3 years ago

Suppliers are more likely to be powerful relative to the firms to which they sell their goods and services if: a. differentiatio

aleksandrvk [35]

Answer:

Option D is the correct option

Explanation:

The bargaining power of the supplier is only high when the products of other supplier are not highly differentiated, presence of fewer suppliers of the product, fewer substitutes are possible and the costs of the existing supplier are high (Rivalry would be low). All this constitutes to competitve advantage to a firm if its product possesses differentiation, its products can be substituted, possesses greater control over costs, etc. So the only option that matches this criteria is option D.

7 0

3 years ago

Read 2 more answers

Ober Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Se

sertanlavr [38]

Answer:

Results are below.

Explanation:

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

First, we need to calculate the total unitary variable cost:

Total unitary variable cost= 38 + 36 + 6 + 9

Total unitary variable cost= $89

Now, the income statement:

Sales= 8,400*120= 1,008,000

Total variable cost= 89*8,400= (747,600)

Total contribution margin= 260,400

Fixed manufacturing overhead= (151,300)

Fixed selling and administrative expense= (109,200)

Net operating income= (100)

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

First, we need to calculate the unitary production cost:

Unitary production cost= 38 + 36 + 6 + (151,300 / 8,900)

Unitary production cost= $95

Now, the income statement:

Sales= 1,008,000

COGS= 8,400*95= (798,000)

Gross profit= 210,000

Total selling and administrative expense= 109,200 + (8,400*9)= (184,800)

Net operating income= 25,200

8 0

3 years ago

Today is MultipleThanker9 birth day now say happy birth day to her

AleksAgata [21]

Answer:

good afternoon friends have a great day

4 0

3 years ago

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Bothell Construction, LLC, Ballard Remodel, Inc., and Tim's House Painting Company agreed that on three upcoming projects, Balla

Arlecino [84]

Answer:

violates ethical, but not legal, standards.

Explanation:

Sherman act was created to prohibit restrains on trade of any collusion by different parties to form a monopoly or control price.

The act does not however prohibit all restraints of trade, bit rather those that are very unreasonable and harmful to competition.

In the given scenario the three companies only agreed to bid lowest for the 3 project under consideration.

Their action does not give them unfair advantage over other firms and may even lead to a loss on their part.

They do not have a strategy that will guarantee an edge over other firms.

So this is an ethical violation but not a legal one.

8 0

3 years ago