1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
34kurt
3 years ago
14

Fancy Furniture produced a batch of 2,000 coffee tables at a cost of $355,000. It was discovered that the entire batch was finis

hed improperly. Fancy can sell the tables as seconds for $305,000 or spend an additional $315,000 to refinish them and sell them for $605,000. In deciding whether to rework the tables or sell them as is, management should:Compare the $305,000 proceeds from the sale of the tables as is, with the $355,000 cost of the tables.Compare the $605,000 possible revenue from refinished tables with the total cost of $355,000 plus $315,000 to refinish.Compare the $315,000 cost to refinish the tables with the incremental revenue of $300,000 if the tables are refinished.Eliminate any alternative that results in a loss on the sale of the product.
Business
1 answer:
mylen [45]3 years ago
6 0

Answer:

Compare the $315,000 cost to refinish the tables with the incremental revenue of $300,000 if the tables are refinished.

Explanation:

If the tables are sold now, they would cost $305000. If an additional $315000 is spent to refinish the table, the table would the be sold for $605000, that means there would be an additional revenue of $300000 ($605000 - $305000). The company are already operating at a loss as a result of improperly finishing the table. In deciding whether to rework the tables or sell them, the company should compare the $315,000 cost to refinish the tables with the incremental revenue of $300,000 if the tables are refinished.

You might be interested in
Blue Company produces Trivets. Based on its master budget, the company should produce 13,000 Trivets each month, working 14,500
notsponge [240]

Answer:

14.277 hours.

Explanation:

Please see attachment.

4 0
3 years ago
Although the overall divorce rate has declined in the past two decades, divorce among _________ couples is rising. elderly middl
Svetach [21]
<span>middle-aged. Some contributing factors to this are: a) after children grow up, some couples no longer have a common goal. b) infidelity, typically involving a younger person that brings excitement. c) people are living longer, so some people want to get out now rather then spend the additional years in misery.</span>
7 0
3 years ago
It’s the year 2150, and the human race has established a new country on Mars. After a dispute about water rationing, a war begin
Ksivusya [100]

Answer:

Executive order

Explanation:

Executive order - it is referred to order that can only be issued by the president of the United States to the executive body of the state.

it is Refer to official order directly issued by the president to prevent or allow doing something.  

As it is mentioned in the information in the given question, in 2150, when people are having a war for water on the new country of Mars, then president of America issued an executive order to notify every executive body not to sell any good and service to a new country of mars

8 0
3 years ago
What tool is used to forecast state economic growth, keep track of business cycles, and generally provide information on the hea
Rina8888 [55]

Answer:

(B) Dow Jones Economic Sentiment Indicator

Explanation:

Dow Jones Economic Sentiment Indicator measures the economic health of the Texas economy; furthermore, it is commonly approved by economists throughout the US, as an economic measurement tool used for forecasting.

7 0
3 years ago
Approach Company, which applies overhead to production on the basis of machine hours, reported the following data for the period
Aliun [14]

Answer: 10400 unfavorable

Explanation:

Firstly, we should note that the fixed overhead volume variance is the difference between the standard fixed overhead for actual output and the budgeted fixed overhead.

Budgeted fixed overhead = 780000

The standard fixed overhead for the actual output will be:

= Actual output × Number of hour per unit × the standard fixed overhead rate

= 14800 × 4 × 13

= 769,600

Then, the fixed overhead volume variance will be:

= 769600 - 780000

= 10400 Unfavorable

6 0
3 years ago
Other questions:
  • Agnessa let the management of Acme Global know that she will retire next year. Agnessa job requires specialized skills. Rather t
    11·1 answer
  • What is the par or stated value per share of apple's common stock? what percentage of apple's authorized common stock was issued
    9·1 answer
  • A new business has total net sales of $5,000 and the cost of goods sold is $3000. What is the total gross margin from sales?
    9·1 answer
  • Place the following steps for a personal financial plan in the proper order: 1. Review and revise the financial plan 2. Identify
    10·1 answer
  • Which of the following statements about credit sales are true? (You may select more than one answer. Single click the box with t
    8·1 answer
  • A wide span of management control is most likely to result in: A. overly tight supervision of employees. B. isolation of top man
    9·1 answer
  • ​Plowin' Supply plans to make 15000 tractors at its plant. Fixed costs are $ 540000 and variable costs are $ 200 per tractor. Wh
    6·1 answer
  • Alumbat Corporation has $800,000 in debt outstanding, and pays an interest rate of 10 percent annually on its bank loan. Alumbat
    8·1 answer
  • Because stocks rely on dividends as the principal source of cash flow, ascertaining stock prices is an easier and more precise p
    15·1 answer
  • What is an example of a comparative advantage of Mexico over the United States?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!