All new employees must first complete a six-week training program.

Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data: Per Unit Percent Sales

Ivenika [448]

Answer:

20.5%

Explanation:

Calculation for what Staley Co.'s margin of safety ratio (MOS%) if 600 units are sold would be

First step is to calculate Break-even amount

Break-even = $80,000/($480-$312)

Break-even= 476.19

Break-even= 477 approximately

Second step is to calculate the Margin of Safety

Margin of Safety = 600-477

Margin of Safety= 123

Now let calculate the margin of safety ratio

Margin of safety ratio=123/600

Margin of safety ratio=20.5%

Therefore Staley Co.'s margin of safety ratio (MOS%) if 600 units are sold would be 20.5%

7 0

3 years ago

If a website is classified as an "advocacy" site, what is the sites primary purpose?

lutik1710 [3]

The answer would be:

A: To try to get other people to support a cause or position.

Similar to an advocate which is a person is promoting some sort of cause or position, an advocacy is an activity in which a person or a group of people aim to sway the decisions in many areas such as politics, economics, etc.

If a website is labeled as an "advocacy", then it's purpose is to alter the decisions of the people who click on it to support their cause.

3 0

4 years ago

Read 2 more answers

Universal Containers is experiencing a drop in proﬁtability due to excessive sales discounting. What can Universal Containers do

nika2105 [10]

Answer:

A, D, E

Explanation:

Universal Container can monitor how the discounts are affecting profitability by evaluating the difference between discounted and listed price. They can then reduce the discounts to increase profits if this is the reason for reduced profitability.

If this is not responsible for falling profits, it may be that too many products are available in a sales discounting opportunity. Universal Containers can remedy this by reducing the number of products included in an offer.

Their falling profitability can also be controlled by putting a management approval process in place, ensuring that the effects of a sales discounting plan on profitability are always considered.

5 0

3 years ago

The following information is available for Ramos Corporation for the year ended December 31, 2014.Beginning cash balance $ 79,42

faust18 [17]

Answer:

Please see the statement of cash flows prepared below.

Explanation:

Ramos Corporation

Statement of cash flows

Net income $501,437

Add: Depreciation expense 285,930

Income taxes payable increase 8,296

Less: Accounts payable decrease (6,531)

Accounts receivable increase (14,473)

Inventory increase (19,415)

Net cash flows from operating activities (a)....... 755,244

Proceed from sale of land 61,775

Purchase of building (510,085)

Net cash flows from investing activities (b)....... (448,310)

Cash dividends paid (21,180)

Purchase treasury stock (45,890)

Proceed from the issue of bonds 353,000

Net cash flows from financing activities (c)....... 285,930

Net increase in cash and cash equivalents (d=a+b+c)592,864

Cash balance at the beginning of the year 79,425

Cash balance at the end of the year $672,289

5 0

3 years ago

Data concerning a recent period’s activity in the Prep Department, the first processing department in a company that uses proces

Bogdan [553]

Answer:

(1) $31,538.4; $5,328.9; $36,867.3

(2) $326,206; $120,903; $447,109

Explanation:

(1) Cost of ending work in process inventory:

For materials:

= Equivalent units of production in ending work in process × Cost per equivalent unit

= 2,040 × $ 15.46

= $31,538.4

For conversion:

= Equivalent units of production in ending work in process × Cost per equivalent unit

= 930 × $5.73

= $5,328.9

Total = $31,538.4 + $5,328.9

= $36,867.3

(2) Cost of the units completed and transferred out:

For materials:

= Total units completed and transferred × Cost per equivalent unit

= 21,100 × $ 15.46

= $326,206

For conversion:

= Total units completed and transferred × Cost per equivalent unit

= 21,100 × $5.73

= $120,903

Total = $326,206 + $120,903

= $447,109

6 0

3 years ago