Answer:
The answer is:
a. 17.2
b. 7.53%
c. Baker's performance is 0.47% lower than the industry performance
Explanation:
a. Baker's Inventory turnover = cost of sales/inventory
$21,500/$ 1,250
=17.2
b. Baker's Percentage of assets committed to inventory = (inventory/assets) x 100
($1,250/$16,600) x 100
7.53%
c. The industry's Percentage of assets committed to inventory is 8% whereas Baker's own 7.53%, meaning Baker's performance is 0.47% lower than the industry performance
Answer:
Total direct cost to the cosmetics department: 88.640
Explanation:
The direct cost will be those associate directly to the function and duties of the cosmetics department. The rest of the cost are indirect when our cost object is this department.
Cosmetics Department sales commissions--Northridge Store $ 52,000
Cosmetics Department cost of sales--Northridge Store $ 31,900
Cosmetics Department manager's salary--Northridge Store $ 4,740
Total direct cost to the cosmetics department: 88.640
Answer:
36.26%
Explanation:
Simple rate of return:
return/investment
<u>return:</u>
In this case, it will be the cost saving for the new machine: 161,000
<u>investment</u>
We will decrease the investment by the recovery from the old machine.
468,000 new machine - 24,000 salvage value of new = 444,000
<u>Then, proceed to calculate:</u>
161,000/444,000 = 0.3612 = 36.26%
Consideration:
Is important to state that this rate, do not consider the time value of money, neither the cash flow of the project.
<span>The psychologist Carl Rogers introduces the self concept. He might suggest that Jerod is </span><span>self-actualizing.
Self-actualizing refers to the process of reaching one's own full intellectual and emotional potential.</span>
Hey there!
Your answer is:
D, none of these.
Hope this helps!
Have a great day! (: