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2 years ago

HELPPP

Business

1 answer:

ZanzabumX [31]2 years ago

6 0

Answer: self-serve food ordering

Explanation:

<u>Self-service kiosks or self-ordering kiosks</u> are customer-facing devices that allow customers to place orders and make payments <u>without the assistance of a cashier.</u>

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Problem 08-1A Preparing and analyzing a flexible budget LO P1, A1 [The following information applies to the questions displayed

cricket20 [7]

Answer:

The answer is in the explanation

Explanation:

Phoenix Company

Fixed Budget Report

For the 'fear Ended 31st December 2015

Flexible Budget Flexible Budget for

Variable Amount Total Fixed Unit Sales Unit Sales

per unit cost of 14,000 of 16,000

Sales at 210 $ per unit (A) 210 2940000 3360000

Variable cost

Direct Material $ 62.00 $868,000.00 $ 992,000.00

Direct Labor $ 14.00 $196,0000.00 $ 224,000.00

Machinery repairs $ 3.00 $ 42,000.00 $ 48,000.00

Utilities $ 2.00 $ 28,000.00 $ 32,000.00

Packaging $ 6.00 $ 84,000.00 $ 96,000.00

Shipping $ 6.00 $ 84,000.00 $ 96,000.00

Total Variable Expenses (B) $ 93.00 $1,302,000.00 $1,488,000.00

Contribution margin (C=A-B) $ 117.00 $ 1,638,000.00 $ 1,872,000.00

Fixed cost

Depreciation $ 315,000.00 $315,000.00 $ 315,000.00

Plant Management Salaries $ 210,000.00 $210,000.00 $ 210,000..

Utilities $ 180,000.00 $ 180,000.00 $ 180,000.00

Sales Salary $ 235,000.00 $ 235,000.00 $ 235,000.00

Advertising Expenses $ 100,000.00 $ 100,000.00 $ 100,000.00

Salaries $ 241,000.00 $ 241,000.00 $ 241,000.00

Entertainment Expenses $ 85,000.00 $ 85,000.00 $ 85,000.00

Total Fixed Expenses (D) $1,366,000.00 $1,366,000.00 $ I,366,000.00

Net Profit (C-D) $ 272,000.00 $ 506,000.00

Variable Cost Per unit= Variable Cost / 150000

Increase in Operating Income if Sales rise to 18000

Phoenix Company

Forecast contribution Margin Income Statement

For the year Ended 31st December 2015

Sales in Units 15,000 18,000

Contribution Margin Per Unit $ 117 $ 117

Contribution Margin $ 1,755,000 $2,106,000

Fixed Costs $ 1,366,000 $ 1,366,000

Expected increase in Operating Income $ 389,000 $ 740,000

$ 351,000

Income (loss) from operation sale is reduced to 12000

Phoenix company

Forecast contribution Margin Income Statement

For the year Ended 31st December 2015

Sales in Units 15,000 12,000

Contribution Margin Per Unit $ 117 $ 117

Contribution Margin $ 1,755,000 $1,404,000

Fixed Costs $ 1,366,000 $ 1,366,000

Operating Income $ 389,000 $ 38,000

check the attached image for the correct arrangement of the tables and solution

4 0

4 years ago

A transportation firm whose services are available to all shippers is a common carrier.

Ivahew [28]

I believe the answer is b

6 0

3 years ago

Eclipse Solar Company operates two factories. The company applies factory overhead to jobs on the basis of machine hours in Fact

Varvara68 [4.7K]

Answer:

Eclipse Solar Company

a. Factory overhead rate for Factory 1 is $23.13

b. Factory overhead rate for Factory 2 is $35.20

c. Journal Entries:

August 31:

Debit Work in Process Factory 1 $1,491,885

Credit Factory Overhead $1,491,885

Debit Work in Process Factory 2 $3,696,000

Credit Factory Overhead $3,696,000

d. Balances of the factory overhead accounts:

Factory 1 $23,915 underapplied

Factory 2 $89,700 overapplied

Explanation:

a) Data and Calculations:

Factory 1 Factory 2

Overhead application basis machine hrs direct labor hrs

Estimated overhead costs $18,500,000 $44,000,000

Direct labor hours 800,000

Factory overhead rate $23.125

Machine hours 1,250,000

Factory overhead rate $35.20

August:

Actual overhead costs $1,515,800 $3,606,300

Actual direct labor

hours for August 64,500

Actual machine hours for August 105,000

Application of overhead to production for August:

Factory 1 = $1,491,885 (64,500 * $23.13)

Factory 2 $3,696,000 (105,000 * $35.20)

Factory overhead accounts:

Factory 1 Factory 2

Actual overhead costs $1,515,800 $3,606,300

Applied overhead costs $1,491,885 $3,696,000

Under/(Over)-Applied $23,915 $89,700 Overapplied

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3 years ago

Imagine you are the owner of a natural gas company. you can either extract as much of the resource as fast as possible or delay

Akimi4 [234]

Answer:

Extract as low as possible at present and as high as much possible in the future.

Explanation:

The company must sell fewer natural gas units because the sales price is at present and this will constitute to fewer income coming by the sale of natural gas, the company must only earn from natural gas as much as required to finance its needs at present. So to earn a higher revenue proportion in future due to increase in the selling price of the product, the company must extract as much as possible in future to earn more.

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3 years ago

________ companies are often at the forefront of campaigns for causes such as a pollution-free environment; recycling and conser

omeli [17]

Answer:

The type of company that are at the forefront of campaign are proactive company.

Explanation:

A proactive company can be defined as a company, which puts great amount of emphasis on the forward thinking strategic planning ( where company sets its operational objectives, makes long term strategic decisions, assess strength and weakness etc ) rather than focusing on reactive strategies to manage the problems and taking advantage of business opportunities.

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3 years ago