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Elza [17]
3 years ago
9

Intuitiv Manufacturing's large plastics molding machine suddenly broke down during its day shift. When considering the purchase

of available alternatives, Intiutiv decided to rent one for the next two years instead of buying one. In this situation, the large plastics molding machine it rented would be classified as
a. ​an installation.
b. ​accessory equipment. c. ​an unsought good.
d. ​a process material.
e. ​MRO supplies.
Business
1 answer:
AnnyKZ [126]3 years ago
7 0

Answer:

A. an installation

Explanation:

In this situation, the large plastics molding machine it rented would be classified as an installation

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Xavier is a manager at BuiltMore Industries, and is responsible for several controlling activities. Which of the following activ
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Answer:

B.

Explanation:

Based on the answers provided within the question it can be said that I would expect Xavier to participate in Evaluating why the assembly line is making only 14 dozen boxes of cake mix each hour rather than the expected 18 dozen boxes. This is mainly because evaluating why the assembly line is not producing as efficiently as it should and implementing the necessary changes is all part of controlling activities which Xavier is responsible for as a manager at BuiltMore Industries.

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4 years ago
Required information The Foundational 15 [LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7, LO5-8] [The following information applies to
Romashka-Z-Leto [24]

Answer:

$5,000

Explanation:

Sales $20,000

Variable expenses $12,000

Contribution margin $8,000

Fixed expenses $6,000

Net operating income $2,000

margin of safety in $ = current sales level - break even point

margin of safety in % = (current sales level - break even point) / current sales level

first we need to calculate the contribution margin per unit = $20 - $12 = $8 per unit

break even point = fixed costs / contribution margin = $6,000 / $8 = 750 units

sales level at break even point = 750 x $20 = $15,000

margin of safety in $ = $20,000 - $15,000 = $5,000

margin of safety = ($20,000 - $15,000) / $20,000 = $5,000 / $20,000 = 25%

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3 years ago
Jerry lives in New Mexico and makes $52,000 a year. If the median annual income in New Mexico is $53,731 and the median annual i
MAVERICK [17]
Yes, Jerry is likely to qualify, since his yearly income is below the median annual income of New Mexico.
8 0
3 years ago
Read 2 more answers
The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed
lesya692 [45]

Answer: $30,600

Explanation:

First calculate the earnings for the year.

Revenue is given. Expenses are also given and come out of revenue. Dividends also come out of revenue as well.

Retained Earnings for the year is therefore,

Retained Earnings for the year = Revenue - Expenses - Dividends

= 62,000 - 44,900 - 2,300

Retained Earnings for the year = $14,800

This figure should be added to the retained earnings of the previous period to find the total balance.

= 14,800 + 15,800

= $30,600

$30,600 is the closing Balance on Retained Earnings after closing entries.

8 0
3 years ago
Idle Time Gaming, Inc., has reached the point where it needs several million dollars in order to expand and follow its strategic
laila [671]

Answer:

The bank is wiling to pay "approximately $820,000,000".

Explanation:

As we know,

Earnings from selling of $22/start sharing $40 million shareholdings:

⇒ 40,000,000\times 22

⇒ $880,000,000

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7 0
4 years ago
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