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3 years ago

What is the major difference in focus between a location decision in the service sector vs. The manufacturingâ€‹ sector?

Business

1 answer:

kakasveta [241]3 years ago

7 0

Answer:

D) The focus in service is on revenue maximization, while the focus in manufacturing is on cost minimization.

Explanation:

You can set up a manufacturing location in different places, mostly depending on the costs associated with the supply management (both upstream and downstream).

While location is extremely important for a service provider and its capacity to generate revenue, e.g. a hotel or a restaurant cannot be located in the middle of nowhere.

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Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: April May June Manu

Kay [80]

Answer:

The cash payments expected for Finch Company in the month of May is $185,600

Thus, the option a is correct.

Explanation:

For computing the cash payment for may month. The following things should be recognized which is explained below:

1. Manufacturing expense : In manufacturing expense, $\frac{3}{4}$ is incurred for particular month and rest $\frac{1}{4}$ is for following moth.

That means, $195200 × 3÷4 = $146,400 and $156,800 × 1 ÷ 4 = 39,200

So, the total would be $146,400 + 39,200 = $185,600

2. As insurance expenses would not be considered because the information is not given.

3. As property tax is paid in November, so it would not be taken for may month.

Therefore, The cash payments expected for Finch Company in the month of May is $185,600

Thus, the option a is correct.

7 0

3 years ago

Here is the ledger for Blossom Company.

Alex777 [14]

Answer:

1/Oct : Cash (Dr.) $8,660

Accounts Receivable (Cr.) $8,660

10/Oct : Equipment & Supplies (Dr.) $9,660

Notes Payable (Cr.) $9,660

20/Oct : Accounts Receivable (Dr.) $2,640

Service Revenue (Cr.) $2,640

Explanation:

Debits $16,960

Cash 6,600

Accounts Receivable 1,840

Supplies 1,840

Equipment 4,660

Dividend 2,020

Credits : $16960

Accounts Payable 4,660

Notes Payable 9,660

Service Revenue 2,640

3 0

3 years ago

All of the following statements are true regarding earnings per common share (EPS) except:

SVEN [57.7K]

Answer:

d) EPS cannot be calculated if a company has no preferred stock.

Explanation:

The above statement is untrue about E.P.S because the reason why 'Preferred dividend' (which is dividend on preference shares) is subtracted from Net Income, before being divided by the 'Average Number of Common Shares Outstanding' is for comparability.

Since the denominator is based on 'common shares' or 'ordinary shares', it makes sense not to include the part of income that has fallen to preferred shares.

As a matter of fact there are a lot of companies that do not have preferred stock and still report Earnings Per Share on their financial statements.

Finally, still on comparability; E.P.S helps to compare the performance of big companies that have preferred stock with small companies that do not have. Hence EPS can be calculated even when there is no preferred stock.

8 0

3 years ago

Mike Samson is a college football coach making a base salary of $632,400 a year ($52,700 per month). Employers are required to w

lakkis [162]

Answer:

Part 1:

Total amount withheld for Social Security and medicare=$16264.2

Amount withheld for Social Security=$7049.4

Part 2:

Additional amount which the employer will contribute=$16264.2

Explanation:

Part 1:

Amount withheld for Social Security= $113700 * 6.2%=$113700 * 6.2/100

Amount withheld for Social Security=$7049.4

Amount withheld for Medicare=$632400 * 1.45%=$632400 * 1.45/100

Amount withheld for Medicare=$9169.8

Total amount withheld for Social Security and medicare=$7049.4+$9169.8

Total amount withheld for Social Security and medicare=$16264.2

Part 2:

The additional amount which the employer will contribute towards the FICA taxes is same as withheld by Coach Samson.

Additional amount which the employer will contribute=$7049.4+$9169.8

Additional amount which the employer will contribute=$16264.2

4 0

3 years ago

Connor was employed by tabor city bank. he left the company voluntarily after he ended a personal relationship with laura, the b

mojhsa [17]

Connor has a cause of action for<u> "defamation".</u>

Defamation law is the region of law that identifies with interchanges about the notoriety of someone else. Defamatory speech is a correspondence that may hurt the reputation of another person. The reason for the zone of law is to shield individuals from having their lives and jobs demolished or fundamentally changed due to false articulations against them. Be that as it may, the law still secures an individual's First Amendment ideal to talk openly without being held at risk for saying something annoying, committing an error or contradicting another person. Defamation law is the region of law that looks to ensure an individual's notoriety by forestalling unjustifiable discourse that may hurt an individual's reputation.

4 0

3 years ago