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3 years ago

Identify the major transportation improvements in this period, and explain how they influenced the market economy.

1 answer:

kramer3 years ago

7 0

In the first half of the nineteenth century, the steamboat, canal, railroad and telegraph were presented. This made transportation a great deal less expensive and quicker for organizations. It additionally connected agriculturists to national markets. The railroad gave employments to such huge numbers of Americans, despite the fact that many were foreigners. Telegraph made it conceivable to impart cross country, in any event quicker than mail would. It was for the most part utilized for organizations. Each of the four of these innovations twisted America out of its monetary past by making exchange/business speedier, less expensive, and more productive.

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The production department of Zan Corporation has submitted the following forecast of units to be produced by quarter for the upc

serious [3.7K]

Answer:

1 & 2. Purchases of Raw Material

Purchases in grams Cost

Quarter 1 68,250 $ 81,900

Quarter 2 82,250 $ 98,700

Quarter 3 75,250 $ 90,300

Quarter 4 60,500 $ 72,600

Full year $ 343.500

3. Expected Cash disbursements

Quarter 1 $ 54,740

Quarter 2 $ 91,980

Quarter 3 $ 93.660

Quarter 4 $ 79,680

Total Year payments $ 320,060

4. Total cost of Direct Labor

Quarter 1 $ 27,900

Quarter 2 $ 37,200

Quarter 3 $ 34,100

Quarter 4 $ 31,000

Total Year for direct labor $ 130,200

Explanation:

Computation of raw material purchases

Raw material consumption

Qtr No of Units per qtr Total Requirement

1 9,000 * 7 gms per unit = 63,000 gms

2 12,000 * 7 gms per unit = 84,000 gms

3 11,000 * 7 gms per unit = 77,000 gms

4 10,000 * 7 gms per unit = 70,000 gms

Total Year 294,000 gms

Raw Material Purchases for each quarter

Purchases = Closing inventory + Consumption - Opening inventory

1 21,000 (84,000gms * 25 % ) + 63,000 - 15.750 = 68,250 gms

2 19,250 (77,000gms* 25 %) + 84,000 - 21,000 = 82,250 gms

3 17,500 ( 70,000gms* 25 %) + 77,000-19,250 = 75,250 gms

4 8,000 ( As per data) + 70,000-17.500 = 60,500 gms

Total year purchases = = 286,250 gms

Cost of purchases

Quarter 1 68,250 gms * $ 1.20 = $ 81,900

Quarter 2 82,250 gms * $ 1.20 = $ 98,700

Quarter 3 75,250 gms * $ 1,20 = $ 90,300

Quarter 4 60,500 gms * $ 1,20 = $ 72,600

Total purchases $ 343,500

Computation of cash disbursements for purchases

Quarter 1 Payments = Opening Payables + 60 % of quarter 1

$ 5,600 + ( 60 %* $ 81,900) = $ 5,600 + $ 49,140 = $ 54,740

Quarter 2 payments

(40 % of quarter 1) + ( 60 % of quarter 2)

($ 81,900 * 40 %) + ( $ 98,700 * 60 %)

$ 32,760 + $ 59,220 = $ 91,980

Quarter 3 payments

(40 % of quarter 2) + ( 60 % of quarter 3)

($ 98,700 * 40 %) + ( $ 90,300 * 60 %)

$ 39,480 + $ 54,180 = $ 93.660

Quarter 4 payments

(40 % of quarter 3) + ( 60 % of quarter 4)

($ 90,300 * 40 %) + ( $ 72,600 * 60 %)

$ 36,120 + $ 43,560 = $ 79,680

Total payments for purchases for the year $ 320,060

Computation of direct labor cost

No of units * Estimated Direct labor hours * Labor rate per hour

Quarter 1 = 9,000 * 0.20 per unit * $ 15.50 = $ 27.900

Quarter 2 = 12,000 * 0.20 per unit * $ 15.50 = $ 37.200

Quarter 3 11,000 * 0.20 per unit * $ 15.50 = $ 34.100

Quarter 4 10,000 * 0.20 per unit * $ 15.50 = $ 31.000

Total cost for Direct labour $ 130,200

8 0

4 years ago

Paxton Company can produce a component of its product that incurs the following costs per unit: direct materials, $9.10; direct

Ghella [55]

Answer:

$0 cost or savings per unit

Explanation:

Cost to Buy

Purchase Price $31.40

and,

Costs to Make

Direct materials $9.10

Direct labor $13.10

Variable overhead $2.10

Fixed Overheads $7.10

Total $31.40

therefore

The net incremental cost or savings of buying the component is $0 cost or savings per unit

5 0

3 years ago

On April 1st, Bob the Builder entered into a contract of one-month duration to build a barn for Nolan. Bob is guaranteed to rece

hichkok12 [17]

Answer:

a) What is the expected transaction price with variable consideration estimated as the expected value?

original cost $5,800 if job is finished in one month (15% probability)
bonus price for finishing 2 weeks earlier $5,800 x 1.25 = $7,250 (25% probability)
bonus price for finishing 1 week earlier $5,800 x 1.15 = $6,670 (60% probability)

expected transaction price = ($5,800 x 15%) + ($7,250 x 25%) + ($6,670 x 60%) = $6,684.50

b) What is the expected transaction price with variable consideration as the most likely amount?

$6,670, since it has a 60% probability

3 0

4 years ago

Refer to the scenario below to answer the following question(s). Giant Beanstalks is a company based in Maryland that processes

creativ13 [48]

Answer:

Exclusive distribution

Explanation:

Exclusive distribution is defined as an agreement between a producer and retailer that gives the exclusive right to a retailer to distribute the products of a supplier within a given geographical location. Only one distributor is used by the supplier within a given area.

In the secanrio given Giant Beanstalk a company that processes and cans vegetables, recieves raw materials from over 80 companies. It only gives distribution rights to Greenleaf a grocery chain with 38 stores in the country.

5 0

4 years ago

1. Raphael pays Better Buy $800 to for a new high-definition television (HDTV) and its installation. He's attracted by Better Bu

dsp73

Answer:

A. Raphael spend $800

B.$800

C.VALUE ADDED

Explanation:

A. The amount of $800 is the amount that would be included in the expenditure method reason been that Rapheal used the amount of $800 to pay for a new high-definition television (HDTV) as well as its installation

B. The total contribution to GDP which is measured by the expenditure method, is the amount of $800 calculated as :

The Stages of Production; The Sale Value - The Cost of Intermediate Goods = VALUE ADDED

The Home Station $50 - $0 = $50

Firedog $650 -$50 =$600

Better Buy $800- $650=$150

TOTAL $800

($50+$600+$150)

C.The contribution to GDP that you found using the expenditure approach corresponds to the sum of the VALUE ADDED at each stage of production

8 0

3 years ago