A _____ determines the best way to get an advertiser's message to the market.

Maple Leaf, Inc., a television manufacturer, would like to reduce its inventory. To this end, you are asked by the operations ma

irga5000 [103]

Answer:

Maple Leaf, Inc.

Inventory Turnover:

b. Greater than 2 but less than 3

Explanation:

a) Data and Calculations:

1) Average inventories:

Raw materials $2,500,000

Work-in-process $1,000,000

Finished goods $800,000

Total average inventory $4,300,000

Cost of goods sold = $12,000,000

Inventory Turnover = Cost of goods sold/Average Inventory

= $12,000,000/$4,300,000

= 2.79 times

2) Inventory turnover is a financial ratio that shows the number of times in a year that inventory has been sold by Maple Leaf, Inc. When it divides the number of days, say 360 days in a year, the ratio that comes out shows the number of days it takes Maple to sell its inventories.

3 0

3 years ago

PA5.

daser333 [38]

Answer:

Using weighted average method

Statement of equivalent units

Material Conversion

Units Units

Units transferred out 19,000 19,000

Add: Closing work-in-progress 6,000 1,800

Average divisor  25,000  20,800

Computation of cost per unit

Material Conversion

$ $

Cost of beginning work-in-progress 10,000 19,000

Cost added 50,000 112,248

Total cost  60,000  131,248

Material cost per unit = $60,000

25,000 units

= $2.40 per unit

Conversion cost per unit = $131,248

20,800 units

= $6.31 per unit

Value of units transferred out

Material = 19,000 x $2.40 = $45,600

Conversion = 19,000 x $6.31 = $119,890

Value of closing work-in-progress

Material = 6,000 x $2.40 = $14,400

Conversion = 1,800 x $6.31 = 11,358

Explanation:

In this case, we need to prepare statement of equivalent units in order to ascertain the average divisor. The average divisor is the sum of units transferred out and closing work-in-progress. Then, we will obtain the total cost of material and conversion, which is the aggregate of cost of opening work-in-progress and cost of units added. We will also calculate the cost per unit, which is total cost of material and conversion divided by average divisor. Finally, the units transferred and ending work-in-progress will be valued at unit cost of material and conversion.

8 0

3 years ago

An industry has 5 firms. Firm A has 30% of the market, Firm B and Firm C each have 25% of the market, Firm D has 15% of the mark

stiks02 [169]

Answer:

2400

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

30² + 25² + 25² + 15² + 5² = 2400

5 0

3 years ago

Duc has been employed by Longbow Corporation for 25 years. During that time, he bought an annuity at a cost of $50 per month ($1

Arte-miy333 [17]

Answer:

a. How much gross income does Duc have from the contract in the current year?

According to the IRS, Duc's life expectancy is 90 years and 8 months, or 310 more months. This means that Duc can discount from his monthly income $15,000 / 310 = $48.39 (which we must round down to $48).

Duc received 8 x $200 = $1,600

deductions = 8 x $48 = $384

taxable income = $1,216

b. Assume that Duc dies on April 2, 2025. How does Annika account for the contract in 2025?

Annika should account for the contract in the same way as Duc did, and will also be able to discount $48 per month form her gross income. Since Annika will still file her taxes as married during 2025, she will report net income from this contract = ($200 - $48) x 12 months = $1,824

c. Assume the same facts as in part b and that Annika dies on August 4, 2032. How does the executor of Annika's estate account for the contract in the year of her death?

Both Duc and Annika received [(2032 - 2019) x 12] + 4 = 160 payments in total, so her estate is entitled to a tax deduction = (310 - 160) x $48 = $7,200

Since she died on August, her estate must also report income = ($200 - $48) x 8 = $1,216

3 0

3 years ago

Economists refer to the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction wit

Andre45 [30]

Economists ask the process of proactive consumers choosing to either exit from a sale or to voice their dissatisfaction with a product as-----expressing disapproval.

What does one mean by customer dissatisfaction?

Customer dissatisfaction is the antithesis of customer satisfaction. It happens when customer expectations aren't only not meant, but also when the corporate fails to do anything about the complaint.

for instance , 74 percent of consumers say they will forgive a company for its mistake after receiving excellent service.

<h3>Why is customer satisfaction important?</h3>

The importance of customer satisfaction cannot be overstated. there's a direct correlation between how happy customers are and how much money a business makes. Your customer satisfaction score (CSAT) affects repeat purchases rates and customer loyalty, word of mouth referrals, and helps to tell business decisions

.Learn more about customer satisfaction:

brainly.com/question/7943284

#SPJ4

7 0

1 year ago