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4 years ago

10

A matrix team for an aerospace company may consist of a project manager, a finance expert, a marketing specialist, a member of p

roduction, and two design engineers.
a. True
b. False

1 answer:

Ksenya-84 [330]4 years ago

7 0

The answer to this question is true

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compared to other methods of estimating uncollectible accounts, the aging of accounts receivables method tends to

PolarNik [594]

Compared to other methods of estimating uncollectible accounts, the aging of accounts receivables method tends to be more accurate

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3 years ago

Cullumber Industries incurs unit costs of $7 ($5 variable and $2 fixed) in making an assembly part for its finished product. A s

s2008m [1.1K]

Answer and Explanation:

The preparation of the analysis that depicts the total cost saving is presented below:

Particulars Make Buy Net Income or decrease

Variable

Manufacturing Cost $73,500 - $73,500

(14,700 × $5)

Fixed

Manufacturing cost $29,400 $29,400 -

(14,700 × $2)

Purchase price

(14,700 × $6) - $88,200 ($88,200)

Total annual cost $102,900 $117,600 ($14,700)

Based on the total annual cost the company should make the product as it saves the cost by $14,700

6 0

3 years ago

Oriole Co. purchased goods with a list price of $181,400, subject to trade discounts of 20% and 10%, with no cash discounts allo

ValentinkaMS [17]

Answer:

$130,608

Explanation:

To calculate the cost of goods sold per the above information, we need to calculate first the portion of the trade discount on the goods purchased.

Trade discount = Goods purchased × 20% trade discount

= $181,400 × 20%

= $36,280

The next step is to calculate Sales and Gross profit

Sales = [$181,400 - $36,280] = $145,120

Gross profit = $145,120 × 10% = $14,512

Therefore,

Cost of goods sold = Sales - Gross profit

Cost of goods sold =$145,120 - $14,512

Cost of goods sold = $130,608

Hence, Oriole Co. would record $130,608 as cost of goods sold.

7 0

3 years ago

E3-27 (book/static) The Home Style Eats has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants to

vazorg [7]

Answer:

Explanation:

1.

Contribution Margin=Sales - variable cost =$8.75-$3.50=$5.25

Contribution Margin Ratio = Contribution Margin / Sales = $5.25/ $8.75=60%

Pre-Tax Net Income=Net Income/(1-tax rate)

$117,600/(1-0.36)=$183,750

Target Revenue =Fixed cost +Target Pre-Tax net Income/Contribution margin Ratio =($430,500+$183,750)/0.6=$1,023,750

2. Number of customers needed to Break Even

Fixed costs/Contribution margin per unit=$430,500/$5.25=82,000 Customers

Number of customers to earn 117,600 = (Fixed costs + 117,600)/5.25 = (430,500+117,600)/5.25 = 104,400

3.

Sales (170,000*8.75) 1,487,500

Less: Cost of goods sold (170,000*3.50) -595,000

Contribution margin 892,500

Less: fixed costs -430,500

Net Income before tax 462,000

Less: tax rate (462,000*36%) - 166,320

Net Income after tax 295,680

3 0

3 years ago

I’m tired of being broke! Help

Dennis_Churaev [7]

Answer:

ok its A

Explanation:

7 0

3 years ago

Read 2 more answers