Answer:
$19
Explanation:
The computation of the financial advantage (disadvantage) for processing the product into another is shown below:
= Selling price of refined sugar - further processing cost - selling price without any other cost involved\
= $91 - $29 - $43
= $19
The other information which is given in the question is not related to the computation part. Hence, we ignored it
Answer:
0.6
Explanation:
Variable Expense Ratio is calculated by taking Variable Expense and dividing it by Sales. This ratio indicates how much of the variable expense is incurred by company for each $1 Sales.
So, variable expense ratio is .6 or 60% (33,000 / 55,000).
Such questions also require the calculation of Contribution Margin Ratio which is calculated by taking Contribution Margin and Dividing it by Sales. This ratio tells us how much the company generates after covering variables expenses when the sales are $1.
So, Contribution Margin Ratio is .4 or 40% (22,000 / 55,000).
Answer:
The balance in retained earnings at the end of the year will be $70,300.
Explanation:
Retained earning beginning balance = $46,600
Net Income for the year = $50,900
Dividend Paid = $21,200
Retained earning Ending balance = Retained earning beginning balance + Net Income for the year - Dividend paid during the year
Retained earning Ending balance = $46,600 + $50,900 - $21,200
Retained earning Ending balance = $70,300
So, the balance in retained earnings at the end of the year will be $70,300.
Answer:
The Value added of the Baker is $0.25
The sum of the value added at each stage of production is :
Farmer = $0.15
Miller = $0.20
Baker = $0.25
Grocer = $0.20
Total Value added = $0.80
Explanation:
Farmer cost = $0.20
Farmer Margin = $0.15
Farmer Sells to Miller = $0.35
Miller Margin = $0.20
Miller sells to Baker = $0.55
Baker Margin = $0.25
Baker sells to Grocer = $0.80
Grocer Margin = $0.20
Grocer sells to Family = $1.0
The concept of Value added states that a product receives extra features from the beginning of its production cycle to when it gets into the hands of its final consumers. The process of it being handed down through the Value Chain results in changes in Prices between the Input Costs and selling Prices. This difference is identified as Value added.
In this question, the Farmer added Value by turning a seed of wheat to a harvest of wheat which he sold to the Miller. The Miller further added Value by transforming the wheat into flour and selling this to the Baker. The Baker adds value by producing a product the consumer needs and selling to the Grocer, in his case bread. The Grocer added value by making it available on the shelf and within the neighborhood of the consumer.
This is how value is added. And it varies per product and per channel of distribution too.
An accounts receivable aging is a report that lists unpaid customer invoices and unused credit memos by date ranges. The aging report is the primary tool used by collections personnel to determine which invoices are overdue for payment.