What is duplicate coverage, and why should you avoid it?

has an inventory of 500 obsolete remote entry keys that are carried in inventory at a manufacturing cost of $ 80 comma 500. Prod

Slav-nsk [51]

Answer:

Remote enter keys shall be further processed in order to decrease the amount of loss by $11,000.

Explanation:

As in the given case,

Number of units = 500

Carrying cost = $80,500

Cost per unit = 80,500/500 = $161

In case of scrap for the price of $4,000

Scrap price per unit = $4,000/500 = $8

Thus, loss per unit in case of scrap = $161 - $8 = $153

In case inventory is further processed

Total cost = $80,500 + $19,000 = $99,500

Cost per unit = $99,500/500 = $199

Revenue earned = $34,000

Revenue per unit = $34,000/500 = $68

Thus, loss per unit in case of further processing = $199 - $68 = $131

Therefore the inventory shall be processed in order to save the total loss of $153 - $131 = $22 per unit

Total loss saved = $22 $\times$ 500 = $11,000

3 0

4 years ago

During the twentieth century, the real income of blue-collar workers in western societies __________ overall, although it has __

Blababa [14]

During the twentieth century, the real income of blue-collar workers in western societies increased significantly overall, although it has dropped in the past 20 years.
White-collar workers went to work in factories instead of going to farming, and within a few years created the new industrial working class of America. Workingin factories was a difficult transition for rural people who were accustomed to living in communities where life was controlled by the hours of available daylight and the natural rhythm of the seasons.

5 0

3 years ago

The use of sharp, temporary price cuts as a form of _________________ would enable traditional US automakers to discourage new c

svlad2 [7]

Answer:

The correct answer is predatory pricing.

Explanation:

When we speak of the legal right "defense of free competition", what we are referring to, in very simple words, is a field of law that seeks to safeguard that competition in the markets occurs "in good and sound fashion", this it is, without cheating, fraud or other "abusive" devices that are apt to achieve, maintain or increase the market power of those who execute them, thereby damaging the collective well-being of the economic agents participating in those markets (and not only the of the individuals directly involved in a certain transaction).

3 0

3 years ago

Read 2 more answers

The following data relate to direct labor costs for August: actual costs for 5,500 hours at $24.00 per hour and standard costs f

Marianna [84]

Answer: c. $1,650 unfavorable

Explanation:

The direct labor rate variance shows the difference between the cost of direct labor that the company thought it would incur vs what it actually incurs for the period.

Formula is:

Direct labor rate variance = Actual cost of direct labor - Standard cost of actual hours of direct labor

= Actual hours * (Actual cost - Standard cost)

= 5,500 * (24 - 23.70)

= $1,650 unfavorable

Unfavorable because the actual cost incurred was more than the cost anticipated.

7 0

3 years ago

Mullineaux Corporation has a target capital structure of 70 percent common stock and 30 percent debt. Its cost of equity is 16 p

alexira [117]

Answer:

The company WACC is 13.30%

Explanation:

For computing the WACC, first we have to find the weight-age of both debt and equity.

Since in the question, the weightage of debt and equity is given which is equals to

Debt = 30%

And, Equity or common stock = 70%

So, we can easily compute the WACC. The formula is shown below

= Weighted of debt × cost of debt × (1- tax rate) + Weighted of equity × cost of equity

= 0.30 × 0.10 × (1 - 0.30) + 0.70 × 0.16

= 0.021 + 0.112

= 13.30%

Hence, the company WACC is 13.30%

6 0

3 years ago