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2 years ago

Evaluate the three types of costs considering the trade-offs within manufacturing a product and/or producing a service?

1 answer:

8 0

The three types of charges considering the exchange-offs within the manufacturing of a product and/or producing a carrier are appraisal, prevention, and failure costs.

manufacturing is described as the introduction of new products, either from raw substances or components. Examples of products include automobile groups, bakeries, shoemakers, and tailors, as all of them create products, rather than offer services.

Production is the manufacturing of products with the aid of hand or by way of a machine that upon completion the commercial enterprise sells to a client. gadgets utilized in manufacture can be uncooked substances or aspect elements of a larger product. the manufacturing usually happens on a huge-scale production line of equipment and skilled exertions.

A number of the most important manufacturing industries are those that produce aircraft, motors, chemical compounds, apparel, computers, client electronics, electrical equipment, fixtures, heavy equipment, delicate petroleum merchandise, ships, metal, and equipment and dies. manufacturing is handled in some of the articles.

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John owns a second home in Palm Springs, California. During the year he rented the home for $4,000 for 36 days and used the hous

tekilochka [14]

Answer:

Option (C) is correct.

Explanation:

Total expenses:

= mortgage interest + property tax + utilities and maintenance + Depreciation expense

= $5,000 + $600 + $900 + $3,500

= $10,000

Proportionate rental expenses = Total expenses × $\frac{36\ days}{(36 + 14) days}$

Proportionate rental expenses = 10,000 × $\frac{36\ days}{(36 + 14) days}$

= $7,200

Rental Loss = Rental Income - Proportionate rental expenses

= $4,000 - $7,200

= -($3,200)

7 0

3 years ago

A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company's cur

musickatia [10]

Answer:

correct option is d. $600

Explanation:

given data

sells product = $20 per unit

selling price fallen = $15 per unit

FIFO inventory = 200 units

purchased = $16 per units

Net realizable value fallen = $13 per unit

to find out

amount of the lower cost of market

solution

we know that here Company record inventory at lower

so market value or cost of the inventory at declined time

and here Market Adjustment is the Difference of the cost and the Market Value

so cost will be here

Cost = 200 × $16

cost = $3200

and

Net realizable value will be

Net realizable value = 200 × $13

Net realizable value = $2600

so that Market adjustment is the difference of

Market adjustment difference = $3200 - $2600

Market adjustment difference = $600

so correct option is d. $600

8 0

4 years ago

Your analyst team has received a request for system development that focuses on moving the current system into a new operating e

LenaWriter [7]

The key source of the development requests likely to be generated to Information system managers. Therefore the correct option is (D).

<h3>What is Information System Management? </h3>

The Information system of Management refers to the management of the data, facts, figures or information of the system in the computer by the organizations.

According to the above scenario, The system development team is focusing on the adopting the operating environment system which is adopted by the Information system managers

Therefore the correct option is (D).

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8 0

2 years ago

Use the following information of VPI Co. to prepare a statement of cash flows for the year ended December 31 using the indirect

r-ruslan [8.4K]

Answer:

VPI Co.

Cashflow statement for the year ended December 31

Operating activities

Net income 59,000

Add Depreciation 7600

Less gain from sale of machinery (2900)

Increase in Inventory (8,600)

Increase in accounts payable 3,300

Decrease in accounts receivable <u> 6,600</u>

Cash flow from Operating activities 65,000

Investing activities

Cash received from sale of machinery 11,300

Financing activities

Cash paid for dividends (4,600)

Net cashflow 71,700

Cash balance at prior year-end <u> </u><u>43,600</u>

Cash balance at current year-end <u> 114,300</u>

Explanation:

The indirect method of cashflow statements starts with the cashflows from the operating activities to Financing and then investing activities.

An increase in an asset other than cash is a decrease in cash and vice versa. An increase in a liability is an increase in cash and vice versa. We add or subtract none cash items like depreciation, gain on asset disposal etc.

7 0

3 years ago

What do statistics show about most Americans’ financial management?

anzhelika [568]

Answer:

46%of Americans couldn't come out with $400 in an emergency

7 0

3 years ago