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3 years ago

Successful businesses are keenly focused on their?

1 answer:

7 0

Successful business people never take their eye off the one thing that made them successful in the first place: the primary function of any business is making money. You can't make money without customers or clients (unless you're in the business of robbing banks or bribing politicians).

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Contracts drafted under a common law framework tend to be

Fynjy0 [20]

Answer:

In detailed along with all the contingencies that are spelled out.

Explanation:

Common law is the body which is of legal rules that have been made or build through the judges as they will issue the rulings on cases, which is opposed to the rules and the laws which were made through the official statutes or the legislature.

Under the common law, the contracts are made or stated or drafted so that they will provide a brief as well as detailed rules along with all the possible contingencies which were spelled out or made out.

3 0

3 years ago

As a member of UA Corporation's financial staff, you must estimate the Year 1 cash flow for a proposed project with the followin

diamong [38]

Answer:

$15,850

Explanation:

Particulars Amount

Sales revenues, each year $40,000

Less : Depreciation $10,000

Less : Other operating costs $17,000

EBIT $13,000

Less : Interest expense $4,000

EBT/PBT $9,000

Less: Tax at 35% $3,150 ($9,000*35%)

PAT $5,850

Add: Depreciation $10,000

Cash flow after taxes $15,850

8 0

3 years ago

Please hep me solve this thank you!Tevebaugh Corporation is a manufacturer that uses job-order costing. The company closes out a

jarptica [38.1K]

Answer:

$546,750

Explanation:

Sales 2,498,000

COGS (1,376,000)

gross profit 1, 112,000

S&A salaries (219,000)

other S&A (346,000)

underapplied MO (10,250) *

net income 536.750‬

*we need to compare the actual voerhead with the applied overhead:

actual overhead: 176,000 + 420,000 = 596,000

applied overhead:

overhead rate:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

568,000 / 32,000 = 17.75

33,000 x 17.75 = 585.750

overhead

debit credit

596,000 585,750

10,250 underapplied overhead

As the applied was lower it is underapplied we need to recognzie more cot thus, the net income decrease.

4 0

3 years ago

Room Chill Company manufactures ceiling fans and uses an activityminusbased costing system. Each ceiling fan has 20 separate par

igor_vitrenko [27]

Answer:

Total unitary cost= $121.5

Explanation:

Giving the following information:

Each ceiling fan has 20 separate parts.

The direct materials cost is $85

Each ceiling fan requires 3.5 hours of machine time to manufacture.

Activity Allocation Base Allocation Rate

Materials handling Number of parts $ 0.08

Machining Machine hours 7.20

Assembling Number of parts 0.35

Packaging Number of finished units 2.70

To calculate the unitary manufacturing cost, we need to use the following formula:

Unitary manufacturing cost= direct material per unit + allocated overhead per unit

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Materials handling= 0.08*20= $1.6

Machining= 7.20*3.5= $25.2

Assembling= 0.35*20= $7

Packaging= 2.70*1= $2.7

Total= $36.5

Total unitary cost= 85 + 36.5= $121.5

4 0

3 years ago

Francisca and Garden Estate, Inc., enter into a contract for the use of a Victorian mansion and its grounds for a wedding and re

labwork [276]

Answer:

The answer is letter A.

Explanation:

They will be construed agains the party who drafted the contract. However, this rule only applies where one contracting party is in a superior bargaining position, usually either as a result of greater experience or the assistance of counsel.

3 0

3 years ago