All categories

4 years ago

Jeter Corporation had net income of $221,000 based on variable costing.

Business

1 answer:

vredina [299]4 years ago

4 0

Answer:

$245,500

Explanation:

Given that,

Net income under variable costing = $221,000

Beginning and ending inventories were 6,900 units and 11,800 units, respectively

Net operating income under absorption costing:

= Net operating income under variable costing + fixed manufacturing overhead cost deferred in inventory

= $221,000 + [(11,800 - 6,900) × $5.00]

= $221,000 + (4,900 kg × $5.00)

= $221,000 + $24,500

= $245,500

You might be interested in

You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the cu

slava [35]

Answer:

The change should you expect in operating cash flows next year would be 19.60%

Explanation:

In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:

change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year

change should you expect in operating cash flows=2.8*0.07

change should you expect in operating cash flows=19.60%

The change should you expect in operating cash flows next year would be 19.60%

8 0

4 years ago

In the workplace today, more emphasis is being put on mental health. But sometimes, employees don't want to be seen as being una

AleksandrR [38]

Answer:

I believe it would be a lot easier to argue organization's ethical responsibility to help employees deal with stress.

Here's some ideas:

INTRO

--> Introduce your topic/argument

(make sure to include a thesis statement!!)

First, show the reader how damaging stress can be to the employee by explaining it's negative impact on the employee's wellbeing:

Symptoms of stress and ways that it negatively impacts employees specifically.
Mention how stress reduces productivity and site research about it.

Point out how common stress is within the workplace by using stats or current day examples:

Statistics about the huge percentage of people who report feeling stressed out from work.
Use the current day example of how the current pandemic has had a massive impact on the stress especially on healthcare workers.
Main point: stress is a very common and serious problem among employees.

BODY

Argue how organizations DO have an ethical responsibility to help employees deal with stress:

Point out how it's a very serious problem.
Argue that an organization who chooses not to help is a bad organization.
Show examples in history where organizations did not take good care of their employees.

To further strengthen your argument, mention how beneficial it is for the organization itself to provide resources for employees to help them manage their stress:

Provide statistics on the usefulness of stress-management programs within the workplaces (example: INCREASES PRODUCTION).
Argue how happier employees also tend to function better in the workplace because they feel supported.

CONCLUSION

--> Summarize your essay

Summarize your main points and restate your thesis statement here.

5 0

3 years ago

Magnira Corp. is an apparel company. After a slow start, it saw a steep rise in its clientele and a remarkable increase in its p

Ierofanga [76]

Answer:

The company must create brand recognition and open new branches to access greater number of customers.

Explanation:

Ofcourse having a brand recognition means that the company is oriented towards developing its image that plays a vital role in making choices and this is only possible if its products are widely available in the market by openning new branches and offering other branches to present your products. This will lead to access of product to greater amount of public and greater the number of people will choose Magnira's products.

8 0

3 years ago

On March 1, 2015, Landon Company acquired real estate on which it planned to construct a small office building. The company paid

Murljashka [212]

Answer:

The amount to be reported as the cost of the land is $101,000

Explanation:

Given information

Paid cash - $90,000

Cost of property $7,600

Salvaged materials - $1,700

Attorney's fee for work concerning the land purchase - $1,100

Real estate broker's fee - $4,000

Architect's fee - $7,800

Put in driveways and a parking lot - $14,000

For computing the amount of the cost of the land, the Architect's fee and Put in driveways and a parking lot is not considered as it is not related to the land expenses. The computation is shown below

= Cash amount + Cost of property - Salvaged materials + Attorney's fee + Real estate broker's fee

= $90,000 + $7,600 - $1,700 + $1,100 + $4,000

= $101,000

Thus, the amount to be reported as the cost of the land is $101,000

4 0

4 years ago

Block Island TV currently sells large televisions for $ 380. It has costs of $ 310. A competitor is bringing a new large televis

Fofino [41]

Answer:

$281.67

Explanation:

Data provided in the question:

Current selling price of large TV = $380

Cost of Large TV = $310

Selling price of new TV = $340

Increase in sales = 20% = 0.20

Current sales = $150,000

Now,

Expected sales after reducing the price = Current sales + Increase in sales

= 150,000 + ( 0.20 × 150,000 )

= 150,000 + 30,000

= 180,000

Target Operating income = ( $380 - $310 ) × current sales

= $70 × 150,000

= $10,500,000

New operating cost per unit

= Target Operating income ÷ Expected sales after reducing the price

= $10,500,000 ÷ 180,000

New operating cost per unit = $58.33

Target Cost

= Price after reduction - New operating cost per unit

= $340 - $58.33

= $281.67

3 0

4 years ago