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2 years ago

give me four examples of how inventions could have had a positive and negative effect on u.s. society

Business

1 answer:

inn [45]2 years ago

7 0

Answer:

you can have a positive because who would want someone working at u.s. society becasue if you can work there u have to have a positive attitude

Explanation:

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Ginocera Inc. is a designer, manufacturer, and distributor of lowcost, highquality stain less steel kitchen knives. A new kit

Aleonysh [2.5K]

Answer:

1. $432,000

2. Finished goods inventory $776,000

Work in process $230,000

Explanation:

1. Preparation of an annual income statement for the Kitchen Ninja knife series

First step is to determine The Total Manufacturing cost per unit

DIRECT MATERIAL

Hardened steel blank $ 4.00

Wood for handle $ 1.50

Packaging $ 0.50

Total direct material $ 6.00

(4.00+1.50+0.50)

Direct labor $ 0.50

Factory overhead (800/250)$3.20

Total manufacturing cost per knife $ 9.70

(6.00+0.50+3.20)

Now let prepare the Income statement

INCOME STATEMENT

Sales $17,920,000

(1120,000 * 16)

Cost of good sold $10,864,000

(1120,000 * 9.7)

Gross profit $7,056,000

($17,920,000-$10,864,000)

Selling expense:

Infomercial campaign $2,000,000

($600,000 +$1400,000 )

Promotional material $3,600,000

(60,000 * $60)

Shipping cost $224,000

(1120,000 * 0.2)

Total selling expense $5,824,000

($2,000,000+$3,600,000+$224,000)

Administrative expense:

Legal expense $800,000

Total selling and administrative expense

$6,624,000

($5,824,000+$800,000)

Income from operation $432,000

($7,056,000-$6,624,000)

Therefore the annual income statement for the Kitchen Ninja knife series will be $432,000

2. Calculation to Determine the balances in the work in process and finished goods inventories for the Kitchen Ninja knife series on December 31, 2016

Calculation for Finished goods inventory

Finished goods inventory=($1,200,000 – $1,120,000) * 9.7

Finished goods inventory=$80,000*9.7

Finished goods inventory= $ 776,000

Calculation for Work in process

Work in process= 25,000 * (6 + 3.20)

Work in process=25,000*9.20

Work in process= $230,000

Therefore the balances in the work in process will be $776,000 and finished goods inventories will be $230,000 for the Kitchen Ninja knife series on December 31, 2016

7 0

2 years ago

The basic model of an automobile costs $15,000. Andrea added the following options: air conditioning, $800; satellite radio, $20

fgiga [73]

Answer:

the final cost will be addition of all numbers given

15000+800+200+350+700+500+150+600 =

18300$ of total cost of Andrea's automobiles

6 0

3 years ago

Suppose you have $10,000 in cash and you decide to borrow another $10,000 at a 6% interest rate to invest in the stock market. Y

vovangra [49]

Answer:

1. 18%

2. 0.40

3.-26%

Explanation:

Please see attachment .

8 0

3 years ago

A put on Sanders stock with a strike price of $31 is priced at $2 per share, while a call with a strike price of $31 is priced a

larisa86 [58]

Answer: $29; $2.50

Explanation:

The maximum per share loss to the writer of an uncovered put; that is price of put is zero on expiration

Strike price = $31, at $2 per share

Therefore, maximum per share loss ;

($31 - 0) - $2 =

Maximum per share gain to the writer of an uncovered put occurs when the stock price falls below $31 on expiration.

Maximum per share gain equals $2.50

6 0

2 years ago

Reg has just purchased a new car. The car had a list price of $22,499, and he was responsible for 7. 96% sales tax, a $2,138 veh

charle [14.2K]

The down payment that would be paid by reg is $2,800.

<h3 /><h3>What is a down payment?</h3>

A down payment is the first partial payment for the purchase of price expensive items or services, such as a car or a house. It is usually paid off in cash or equal at the time of finalizing the transaction. A loan of some kind is then asked to finance the remainder of the payment.

<u>Computation </u><u>of a down Payment:</u>

<u />

According to the question,

The total amount of car would be:

$\text{List Price + Sales Tax + Registration Fee + Documentation Fee}\\\\\$22,499+\$1,791+\$2,138+\$262 = \$26,690.$

r= 10.27%,

$r=\dfrac{10.27}{12\times100}\\\\\\r= 0.00855833$ ,

t= $12\times3\text{Years}=36 \text{Months}.$

Monthly Payment = $773.89.

Let X be the amount of payment that is given in the starting.

$\text{Monthly Payment} = \dfrac{\text{(List Price - x) r }}{1-(1+r)}}\\\\\\\$773.89 = \dfrac{(22,49-\text{x )0.0085533}}{1-(1+0.0085533)}\\\\\text{x}=$23889.84$

The amount of down payment would be:

$\text{Down Payment}=\text{Total Amount - Down Payment}\\\\\\\text{Down Payment}=\$26,690-\$23889.84\\\\\text{Down Payment}=\$2,801 \text{App.}$

Hence, Option D is correct.

Learn more about the down payment, refer:

brainly.com/question/1114543

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5 0

2 years ago

give me four examples of how inventions could have had a positive and negative effect on u.s. society​

give me four examples of how inventions could have had a positive and negative effect on u.s. society