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White raven [17]
3 years ago
9

ordan Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly c

ost of producing 9,200 containers follows. Unit-level materials $ 5,800 Unit-level labor 6,400 Unit-level overhead 3,900 Product-level costs* 9,600 Allocated facility-level costs 26,600 *One-third of these costs can be avoided by purchasing the containers. Russo Container Company has offered to sell comparable containers to Jordan for $2.80 each. Required Calculate the total relevant cost. Should Jordan continue to make the containers
Business
1 answer:
sasho [114]3 years ago
8 0

Answer:

1. $19,300

2. Yes

Explanation:

1. The computation of relevant cost is shown below:-

= Unit-level materials + Unit-level labor + Unit-level overhead + Product level cost

= $5,800 + $6,400 + $3,900 + $3,200

= $19,300

Working note:-

Product level cost = $9,600 ÷ 3

= $3,200

2. Yes, Therefore Production is lower than buying cost, hence it is better to continue production.

Purchase price =  9,200 × $2.80

= $25,760

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3,450* 3 (month minimum) = 10,350

6 0
3 years ago
What were joint-stock companies and monopoly companies, and how did they contribute to increased trade and exploration?
Irina-Kira [14]

Answer:

Nowadays, a joint stock company is simply a corporation whose stockholders can buy or sell the company's stocks. But 4 centuries ago, joint stock companies were very different.

Joint stock companies were used by the British Empire to set colonies around the world, e.g. the Virginia Company was chartered rights to establish and exploit colonies in British territories, which are now the US.

A joint stock company was named that way because stocks of the company were sold to rich people in England that were willing to risk money in the colonies. E.g. Jameston was founded and basically owned by the Virginia Company. Joint stock companies were vital for the colonization processes of the British Empire.

The King of England could also establish chartered companies which basically had a monopoly over the trade of certain areas, e.g. the East India Company was probably one of the most famous of them and the most powerful and wealthy.

Some chartered companies were even responsible for paying the salaries and expenses of the British government officials in foreign countries. The East India Company basically ruled over all India and had its own private army.

5 0
3 years ago
Flow of Accounts into Financial Statements The balances for the accounts that follow appear in the Adjusted Trial Balance column
Luden [163]

Answer:

1. Accounts Payable will flow to the balance sheet because it is a liability account.

2. Accounts Receivable will flow to the balance sheet because it is an asset account.

3. Cash will flow in the balance sheet as it is an asset for the company.

4. Eddy Rosewood, Drawing will flow into Statement of owner's equity

5. Fees Earned will flow in the Income Statement

6. Supplies belong in the income statement as it is an expense account.

7. Unearned rent will flow in the balance sheet as it is a liability account.

8. Utility Expense will flow in the balance sheet as it is an expense account.

9. Wages Expense will flow in the income statement as it is an expense account.

10. Wages payable will flow in the balance sheet as it is a liability account.

8 0
3 years ago
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Answer:

Increased

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Based on the information given we were told Ms. Sawyer's salary is the amount of $35,000, up from the amount of $31,000 last year which means that Ms. Sawyer's salary had INCREASED from $31,000 last year to $35,000 this year

Secondly we were told that the CPI is 187.5 this year which is up from 180 last year which means that Ms. Sawyer's CPI had INCREASED

from 180 last year to 187.5 this year.

Therefore this simply means that Ms. Sawyer's real income has INCREASED since last year.

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3 years ago
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