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3 years ago

In supplier selection, the main idea is to find the highest-quality materials available.

1 answer:

6 0

The answer is true but other factor may come into play such as the cost and reliability of the supplier so these should be taken into account when choosing a supplier

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Associated Breweries is planning to market alcohol-free beer. To finance the venture it proposes to make a rights issue at $10 o

Tomtit [17]

Answer:

Number of new shares:

= 100,000×(1÷2)

= 50,000

Amount of new investment:

= 50,000×$10

= $500,000

Total value of company after issue:

= $500,000+100,000×$40

= $4,500,000

Total number of shares after issue:

= 100,000+50,000

= 150,000

Share price after issue:

= $4,500,000÷150,000

= $30

3 0

3 years ago

Read 2 more answers

During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 80,000 mini refrigerators, of whi

tiny-mole [99]

Answer:

1. Absorption Costing Income Statement

For the month ended May 31, 2016

Sales $10,800,000

Cost of goods sold

Beginning inventory -

Cost of goods manufactured $9,600,000

Ending Inventory $960,000

Cost of goods sold $8,640,000

Gross margin $2,160,000

Selling and administrative expenses

$1,080,000 + $180,000 $1,260,000

Income from operation $900,000

2. Variable Costing Income Statement

For the month ended May 31, 2016

Sales $10,800,000

Variable cost of goods sold

Beginning Inventory -

Variable cost of goods manufactured $9,280,000

Ending Inventory $928,000

Variable cost of goods sold $8,352,000

Manufacturing margin $2,448,000

Variable selling and administrative $1,080,000

expenses

Contribution margin $1,368,000

Fixed Cost:

Fixed manufacturing cost $320,000

Fixed selling and administrative $180,000

expenses

Total fixed cost $500,000

Income from operation $868,000

3. The reason for difference of amount for income from operation is $32,000 ($900,000 - $868,000). It is due to fixed manufacturing cost which is included for ending inventory under absorption costing (320,000 / 80,000 * 8,000). Hence, income under absorption costing is higher by $32,000 as compared to income under variable costing.

8 0

3 years ago

Marissa is buying vegetables. She can choose between carrots, lettuce, and green beans. She doesn't like green beans, and af

Llana [10]

Chose carrots she might like enough more than the other food that was given

5 0

3 years ago

Diana tells crystal, “i think i’ll sell that camping gear i bought for hiking the pacific trail for $250. i’m never going to mak

andre [41]

The answer is a statement of future intent. It is a statement of an intention has to do something in the future is not an offer. Agreements to agree arise when two parties are conversing an event involving future transactions which are still in progress. A statement of future intent is not a legally binding contract. It only designates an agreement by the two parties involved in the negotiation to attempt to form a future agreement. An agreement to agree is not binding if the matter under discussion is still in argument.

4 0

3 years ago

Vega Enterprises has computed the following unit costs for the year just ended: Direct material used $12 Direct labor 18 Variabl

andreev551 [17]

Answer:

Unitary cost= $84

Explanation:

Giving the following information:

Direct material used $12

Direct labor 18

Variable manufacturing overhead 25

Fixed manufacturing overhead 29

The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Unitary cost= 12 + 18 + 25 + 29

Unitary cost= $84

7 0

3 years ago