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1 year ago

Hip Manufacturing produces denim clothing. This year it produced 3,040 denim jackets at a cost of $91,200. These jackets were

Business

1 answer:

Mila [183]1 year ago

4 0

1. The income for each alternative for the damaged jackets of Hip Manufacturing is as follows:

Scrap Recycle Rework

Sales Revenue $18,240 $36,480 $136,800

Additional cost 0 6,080 103,360

Income $18,240 $30,400 $33,440

2. The chosen alternative is C. reworking.

<h3>Data and Calculations:</h3>

Production units = 3,040

Production costs = $91,200

Scrap Recycle Rework

Sales Revenue $18,240 $36,480 $136,800

Additional cost 0 6,080 103,360

Income $18,240 $30,400 $33,440

Thus, reworking yields the highest income and should be chosen as it reduces the loss from the damage more than scrapping or recycling.

Learn more about calculating income at brainly.com/question/25895372

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3 years ago

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3 years ago

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Increase in money supply = $200,000

Explanation:

Note: The given question is incomplete, missing part is as follow:

Metropolis National Bank

Balance sheet

Assets Liabilities

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<u> Loans $440,000 </u>

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