All categories

2 years 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]2 years 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

#SPJ1

You might be interested in

Zhang Industries sells a product for $750. Unit sales for May were 400 and each month's sales are expected to grow by 3%. Zhang

Colt1911 [192]

Answer:

Total= $292,520

Explanation:

Giving the following information:

Zhang Industries sells a product for $750. Unit sales for May were 400 and each month's sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $4,000 and a commission of 2% of sales in dollars. Assume 30% of Zhang's sales are for cash. The remaining 70% are credit sales; these customers pay in the month following the sale.

Cash budget for June:

Sales= [(400*1.03)*750]*0.3= 92,700

Sales from May= (400*750)*0.7= 210,000

Salary= (4,000)

Commision= [(400*1.03)*750]*0.02= (6,180)

Total= $292,520

6 0

3 years ago

Why is inflation both good and bad how does the government try to control it?

Kaylis [27]

<span>Inflation is good because it keeps the economy growing as wages increase and demand for goods goes up, but if inflation gets high then the economy can become overheated when prices go up too fast and people can't afford goods. The Federal Reserve Bank, if you're in the USA, will then raise interest rates to make loans more expensive and rewarding people for not spending money, which slows down the economy back to a healthy state.</span>

6 0

4 years ago

A large increase in the supply of hd-tv sets occurs simultaneously with a smaller decrease in its demand. as a result the equili

zhenek [66]

The answer to this question is :<span>decrease, increase
When Demand decreases, it indicates that consumer now is less willing to buy that certain products.
This unwillingness will started to drives the price down. During this period, Sellers will start to create more effort to sell the remaining products so they could obtain the highest price possible</span>

7 0

3 years ago

Read the paragraph. preparation is the key to success when hiking. hikers must research weather conditions and wear appropriate

Doss [256]

The answer is <span>A. to develop the central idea of hiking preparedness</span>

7 0

3 years ago

Read 2 more answers

An alternative name for Bad Debt Expense is A. Collection Expense.B. Credit Loss Expense.C. Uncollectible Accounts Expense.D. De

PIT_PIT [208]

Answer:

An alternative is also known as Uncollectible accounts expense

Explanation:

A bad debt expense is recognized when a receivable is no longer collectible because a customer is unable to fulfill their obligation to pay an outstanding debt due to bankruptcy or other financial problems.

Bad debt expenses are generally classified as a sales and general administrative expense and are found on the income statement. Recognizing bad debts leads to an offsetting reduction to accounts receivable on the balance sheet.

<u>Bad debt expense is also known as Uncollectible accounts expense</u>

6 0

4 years ago