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alina1380 [7]
3 years ago
14

During Year 1, Pang Enterprises experienced the following events.

Business
1 answer:
maria [59]3 years ago
3 0

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

  • At the end of the 2nd year, all the receivable is accumulated with Zero balance left.
  • All revenues received in Year 1, so there is Zero revenue in 2nd year.
  • Cash flow from Operating Activities = (Revenue Received - Decrease in current assets) = ($4,000 - $3,500 = $500)
  • So, net cash inflows = $500

Therefore, Option "B" is the correct answer.

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Toys Unlimited has the following cost data available. Direct Materials are $99 per unit. Direct Labor is $55 per unit. Variable
r-ruslan [8.4K]

Answer:

c. $229

Explanation:

To compute the total absorption cost per unit we do the following,

Absorption of fixed costs = Fixed costs / units produced

Absorption cost = 200,000 / 4000 = $50/unit

Total cost of each individual unit = 99 + 55 + 25 + 50 = $229

This includes direct material, direct labor, manufacturing overhead and the fixed absorption cost.

With absorption costing we take all the goods produced in a period as denominator for the Fixed costs.

Hope that helps.

5 0
4 years ago
Minden company introduced a new product last year for which it is trying to find an optimal selling price. marketing studies sug
fomenos
832,200 - 94 = 738.2 annual sales
3 0
4 years ago
RSTN Co. produces its product through two sequential processing departments. Direct materials and conversion are added to the pr
hoa [83]

Answer:

RSTN Co.

The number of equivalent units of production for October are:

                                                        Materials              Conversion

Equivalent units of production       140,000                   157,000

Explanation:

a) Data and Calculations

                                                 Units         Materials              Conversion

Beginning work in process      30,000        100%                         30%

Units started and completed 120,000        100%                        100%

Ending work in process          20,000         100%                         80%

Equivalent units using FIFO method:

                                                 Units         Materials              Conversion

Beginning work in process      30,000        0 (0%)                 21,000 (70%)

Units started and completed 120,000 120,000 (100%)       120,000 (100%)

Ending work in process          20,000   20,000 (100%)         16,000 (80%)

Equivalent units of production             140,000                   157,000

7 0
3 years ago
Walking Together, an NGO, uses historical trends to determine in which month the amount given as donations is the highest, and t
blsea [12.9K]

Answer:

B) data-driven decision making

Explanation:

Data driven decision making (DDDM) is a decision making process that relies heavily on hard data and previously collected and analyzed information. This method rejects any type of decision made without hard facts that support it, e.g. intuitive or spontaneous decisions.

The problem with this decision making process is that information that was useful before may not be useful anymore in the present. If you are going to base your decisions only in past information, your decisions may be obsolete.

7 0
3 years ago
Jane always finishes the work assigned to her before her team members. Her performance never dropped even when she was working o
iris [78.8K]

Answer: Rate buster

Explanation: Those employees that exceed their performance level beyond the agreed formal rate are called rate buster in scientific management. These are the workers who use their maximum ability while performing a job.

In the given case, Jane performs superior than her fellows even in case of difficult situations.

Hence, from the above we can conclude that Jane should be considered as a rate buster.

5 0
3 years ago
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