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Marizza181 [45]
3 years ago
11

has an inventory of 500 obsolete remote entry keys that are carried in inventory at a manufacturing cost of $ 80 comma 500. Prod

uction supervisor Leo George must decide to do one of the​ following: times Process the inventory further at a cost of $ 19 comma 000​, with the expectation of selling it for $ 34 comma 000 times Scrap the inventory for a sales price of $ 4 comma 000 What should George ​do? Present figures to support your decision.
Business
1 answer:
Slav-nsk [51]3 years ago
3 0

Answer:

Remote enter keys shall be further processed in order to decrease the amount of loss by $11,000.

Explanation:

As in the given case,

Number of units = 500

Carrying cost = $80,500

Cost per unit = 80,500/500 = $161

In case of scrap for the price of $4,000

Scrap price per unit = $4,000/500 = $8

Thus, loss per unit in case of scrap = $161 - $8 = $153

In case inventory is further processed

Total cost = $80,500 + $19,000 = $99,500

Cost per unit = $99,500/500 = $199

Revenue earned = $34,000

Revenue per unit = $34,000/500 = $68

Thus, loss per unit in case of further processing = $199 - $68 = $131

Therefore the inventory shall be processed in order to save the total loss of $153 - $131 = $22 per unit

Total loss saved = $22 \times 500 = $11,000

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Blababa [14]

Answer:

1. Continue to serve every dog that is brought to Bow Wow as well as possible, since customer service is a high priority and 2. Identify this as a threat and adopt a more rigorous screening process before accepting dogs, as well as charge more for dogs who have had a behavioral incident during a previous stay.

Explanation:

Bow Wow has as its best quality in the market the ability to treat well challenging dogs. This is what makes Bow Wow different. Focusing on not losing that characteristic, it would be paramount to maintain the ability to serve every dog as best as possible. Even the challenging ones. However, it is not wise from a business point of view to charge the same from dogs that have very different degrees of attention needs. Hence, it would be proper to charge more from the owners who have more difficult dogs. As Bow Wow will not lose its reputation, those owners will see that its worth the extra cost at the same that its not possible to bring to another daycare.  

5 0
3 years ago
Which of the following is true regarding primary and secondary​ markets? A. Secondary markets sell old issues of securities.noth
Paladinen [302]

Answer:

A. Secondary markets sell old issues of securities.

Explanation:

The primary market is one in which the securities of a new issuance of the company are traded directly between the company and the investors. Securities and shares traded in the primary market may have long maturities. If the holder wants to renegotiate this type of security, he or she may resort to the secondary market.

The secondary market is where investors trade and transfer among themselves the securities that were issued by companies in the primary market, ie, where old securities are traded. It is an environment created to provide liquidity to securities issued in the primary market.

4 0
3 years ago
The Verizon CEO stated, "Corporate responsibility starts with a belief that what you do is important to society. This belief is
AleksAgata [21]

Answer:

corporate mission or marketing strategy area

Explanation:

Based on the information provided it can be said that this is an example of the corporate responsibility strategy being a part of the corporate mission or marketing strategy area. This refers to a specific sentence that encompasses the company's function, philosophies and goals which they strive to achieve and is the entire reason for existing in the market.

8 0
3 years ago
Analysis reveals that a company had a net increase in cash of $20,000 for the current year.Net cash provided by operating activi
alexandr402 [8]

Answer:

A) $4,000

Explanation:

Calculation for the beginning cash balance

Using this formula

Beginning balance=ending balance-increase in cash

Let plug in the formula

Beginning balance=$24,000 -$20,000

Beginning balance=$4,000

Therefore the beginning cash balance was:$4,000

3 0
2 years ago
BOGO Inc. has two sequential processing departments, roasting and mixing. At the beginning of the month, the roasting department
vagabundo [1.1K]

Answer:

Direct material cost of units transferred out = $42,596

Cost of ending work in process inventory = $8,174

Explanation:

This can be done using the following 3 steps:

Step 1: Calculation of equivalent unit of production (EUP) of materials

Note: See the attached excel file for the calculation of equivalent unit of production (EUP) of materials.

From the attached excel file, we have:

Physical unit = 24,680

EUP-material = 21,564

Step 2: Calculation of cost per EUP of materials

Cost per EUP of materials = Direct materials added during the month / EUP-Materials = $49,900 / 21,564 = $2.13

Step 3: Assignment of direct materials cost to the units transferred out amd the ending WIP

Cost of materials added to complete the beginning WIP = 924 * $2.13 = $1,967

Cost of units started and transferred out = 16,800 * $2.13 = $35,760

Direct material cost of units transferred out = Direct material cost of beginning WIP + Cost of materials added to complete the beginning WIP + Cost of units started and transferred out = $4,870 + $1,967 + $35,760 = $42,596

Cost of ending work in process inventory = 3,840 * $2.13 = $8,174

Download xlsx
6 0
2 years ago
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