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1 year ago

Which document is least important in determining the financial value of a purchase?

Business

1 answer:

Vanyuwa [196]1 year ago

7 0

The record least vital in figuring out the financial value of a purchase is purchase requisition.

The Requisition (REQS) file is used to file a purchasing request for goods or offerings from a doors dealer. A requisition refers to the manner of formally soliciting for a provider or object, typically the use of a purchase requisition shape or every other standardized record. The requisition manner is a standardized manner of maintaining tune of and accounting for all requisitions made inside a commercial enterprise.

A purchase requisition shape is a record submitted by means of a worker to request the acquisition of products or offerings on behalf of the enterprise. these purchases can be for enterprise operations, stock, or to manufacture resources for sale. filing a purchase requisition shape sets off the buying method. anytime an employee wants to make a buy – say, as an example, they need a brand new laptop – they will use a buy requisition shape to explain exactly what the purchase is and why they want it for paintings.

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Currently, you make one of the components needed for final assembly of your product and you are considering buying the part from

VashaNatasha [74]

Answer:

1. Break even quantity is 18,125 units

2. Cost to make 28,000 units = $ 775,000

3. Total costs to buy 28,000 units = $ 696,000

4. Savings by using low cost option ( buy from outside) $ 79,000

Explanation:

Computation of Break even point

Variable cost to make equipment in house $ 25 per unit

Cost to purchase the unit from outside $ 17 per unit

Differential Cost per unit $ 8 per unit

Fixed costs to be paid to outside supplier $ 220,000

Fixed costs to be incurred in house $ 75,000

Incremental fixed costs $ 145,000

Break even point - Differential in fixed costs / Differential cost per unit

$ 145,000/ $ 8 = 18,125 units

Computation of costs to make 28,000 units

Variable costs per unit - $ 25 per unit

Units to be produced - 28,000 units

Total Variable costs $ 25 * 28,000 units $ 700,000

Fixed costs $ 75,000

Total costs to make 28,000 units $ 775,000

Computation of costs to buy 28,000 units

Variable costs per unit - $ 17 per unit

Units to be produced - 28,000 units

Total Variable costs $ 17 * 28,000 units $ 476,000

Fixed costs $ 220,000

Total costs to make 28,000 units $ 696,000

Computation of savings

Buying 28,000 units $ 775,000

Making 28,000 units $ 696,000

Savings from buying from outside $ 79,000

6 0

3 years ago

A single-price monopoly can sell 2 units for $8.50 per unit. in order to sell 3 units, the price must be $8.00 per unit. the mar

MAVERICK [17]

Marginal revenue is the ratio that is calculated in order to account for the change in overall income that results from selling one additional unit. This term is usually considered a microeconomic term but has many managerial accounting applications.

The formula to be used is,
Marginal revenue = (change in total revenues)/(change in quantity sold)

Revenue for 2 units sold: R = (2 units)($8.50/unit) = $17
Revenue for 3 units sold: R = (3 units)($8.00/unit) = $24

Change in Total Revenue = $24 - $17 = $7

Marginal Revenue = ($7) / (3 - 2) = $7/1

ANSWER: Marginal Revenue: $7/unit

8 0

3 years ago

Use the following data to determine the cost of goods manufactured: Beginning finished goods inventory $ 12,300 Direct labor 32,

Papessa [141]

The Cost of Goods Manufactured is $104,100.By adding the direct material cost with the direct labor cost ,factory overhead,beginning work in progress and deducting the value obtained from the ending work in process value we get the The Cost of Goods Manufactured

Explanation:

The information Given in the question is

Beginning finished goods inventory

$ 12,300

Direct labor

32,100

Beginning work in process inventory

8,700

General and administrative expenses

15,000

Direct materials used

42,000

Ending work in process inventory

10,500

Indirect labor

7,800

Ending finished goods inventory

11,000

Indirect materials

15,000

Depreciation - factory equipment

9,000

So the formula for the

Cost of Goods Manufactured = Direct Materials + Direct Labor + Factory Overhead + Beginning Work in Process - Ending Work in Process

Cost of Goods Manufactured = $42,000 + $32,100 (Indirect Labor + Indirect Materials + Depreciation Factory Equipment) + $8,700 − $10,500

Cost of Goods Manufactured = $42,000 + $32,100 + $7,800 + $15,000 + $9,000 + $8,700 − $10,500 = $104,100.

So,the Cost of Goods Manufactured = $104,100.

8 0

3 years ago

Read 2 more answers

People like consuming peanut butter and jelly together. The price of peanuts increases. At the same time, we see the price for J

Butoxors [25]

Answer:

The correct answer is: increase; decrease.

Explanation:

According to the demand theory if the price of a good increases the quantity demanded decreases. If the price of the good decreases, the quantity demanded increases. We can say then that the relationship between the price and the quantity demanded is inversely proportional.

In that case, if peanut butter and jelly are usually sold together and the price of jelly increases, so will the price of the peanut butter. Thus, the quantity demanded of both the peanut butter and jelly will decrease.

8 0

4 years ago

Trả lời câu hỏi “vì sao “ dùng phỏng vấn hay anket

RUDIKE [14]

Speak English pls and thank you

6 0

3 years ago