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4 years ago

List the six areas of interest.

Business

2 answers:

mr_godi [17]4 years ago

6 0

I honk they’re Building,thinking,creating,holding,persuading and organization

Kobotan [32]4 years ago

3 0

Answer:

Six areas of interest are: building,thinking,creating,holding, persuading and organizing.

Explanation:

You might be interested in

Use the following information for Shafer Company to compute inventory turnover for year 2.

AlladinOne [14]

Answer:

Inventory turnover for year 2 is 4.91 times.

Explanation:

Inventory turnover measures liquidity of company`s inventory

Inventory turnover = Cost of goods sold / Ending inventory

= $390,200 / $79,400

= 4.91 times

5 0

3 years ago

Suppose that Brian, an economist from a business school in Georgia, and Crystal, an economist from a university in Massachusetts

velikii [3]

For the first question, although Brian and Crystal are both economists, they still disagree. The disagreement between these economists is most likely due to A. Differences in values. It seems that Brian puts more importance on economic efficiency while Crystal deems government programs necessary to help the less fortunate.

For the second question, despite their differences, the two economists chosen at random would most likely to agree to the proposition B.Tariffs and import quotas generally reduce economic welfare. Tariffs are taxes placed on imported goods and services with the goal of restricting trade due to the resulting increase in price of these imported goods and services. This, in an economist's point of view generally reduces economic welfare.

8 0

3 years ago

Miel Company produces ready-to-cook oatmeal. Each carton of oatmeal requires 16 ounces of rolled oats per carton (the unit quant

Simora [160]

Answer:

Part A

1) Total amount of oats allowed = 960000*16 = 15360000 ounce

2) Total amount of labor hours allowed

= 960000*.04 = 38400 Hours

Part B :

1) Total amount of oats allowed = 750000*17 = 12750000 ounce

2) Total amount of labor hours allowed

= 750000*.04 = 30000 Hours

Explanation:

3 0

3 years ago

Vermont Instruments manufactures two models of calculators. The finance model is the Fin-X and the scientific model is the Sci-X

belka [17]

Answer:

The cost per unit of the Fin-X model is $28 and the cost per unit of the Sci-X model is $33.

Explanation:

Process costing refers to a cost accounting technique that traces and accumulates direct costs for each product type or model, and then assigns indirect or conversion costs incurred in the manufacturing process to each product based on the method adopted by the firm.

The cost per unit of the Fin-X and Sci-X models for June can be computed by following the following steps:

Step 1: Calculation of total parts cost of Fin-X and Sci-X

Fin-X total parts cost = Units of Fin-X × Fin-X parts cost per unit

= 10,000 × $25

Fin-X total parts cost = $250,000

Sci-X total parts cost = Units of Sci-X × Sci-X parts cost per unit

= 40,000 × $30

Sci-X total parts cost = $1,200,000

Step 2: Assignment of total conversion cost of Fin-X and Scin-X

Fin-X portion of conversion cost = (Units of Fin-X ÷ Total units) × Total conversion cost

= (10,000 ÷ 50,000) × $150,000

Fin-X portion of conversion cost = $30,000

Sci-X portion of conversion cost = (Units of Sci-X ÷ Total units) × Total conversion cost

= (40,000 ÷ 50,000) × $150,000

Sci-X portion of conversion cost = $120,000

Step 3: Calculation of total cost of Fin-X and Scin-X

Fin-X total cost = Fin-X total parts cost + Fin-X portion of conversion cost

= $250,000 + $30,000

Fin-X total cost = $280,000

Sci-X total cost = Sci-X total parts cost + Sci-X portion of conversion cost

= $1,200,000 + $120,000

Sci-X total cost = $1,320,000

Step 4: Calculation of cost per unit for Fin-X and Scin-X

Fin-X cost per unit = Fin-X total cost ÷ Units of Fin-X

= $280,000 ÷ 10,000

Fin-X cost per unit = $28 per unit

Sci-X cost per unit = Sci-X total cost ÷ Units of Sci-X

= $1,320,000 ÷ 40,000

Sci-X cost per unit = $33 per unit

Conclusion

The cost per unit of the Fin-X model is $28 and the cost per unit of the Sci-X model is $33.

5 0

4 years ago

Genie in a Bottle Company (GBC) manufactures plastic two-liter bottles for the beverage industry. The cost standards per 100 two

yan [13]

Answer:

See below.

Explanation:

Since the costs are per 100, to calculate total standard we multiply by 400,000/100 = 4000 and actual qty then is 4060.

For A, standard cost budget at standard prices.

Direct Labor (2*4000) = $8,000

Direct Material (9.1*4000) = $36,400

Factory Overhead (0.55*4000) = $2,200

Total = $46,600

For B, The total cost variances are as follows,

Material cost variance = (Standard Price - Actual Price) * Actual Quantity

where, Standard price = 9.1 and Actual price = (35750/4060) = $8.81

Variance = (9.1 - 8.81) * 4060 = $1177.4 Favorable

Direct labor cost variance = (Standard rate - Actual Rate) * Actual Quantity

where, Standard rate = 2 and Actual rate = (7540/4060) = $1.86

Variance = (2-1.86) * 4060 = $568.4 Favorable

Factory Overhead variance

= Standard applied - Actual applied

Variance = (0.55*4060) - 2680 = $447 Unfavorable

Net effect on total cost variances = (1177.4+568.4-447) = $1298.8 Favorable

For c)

The over all cost performance has favored the business as they ere able to lessen costs in direct labor and material department. However, the fixed costs performance has deteriorated and there may be some technical issues that the company can deal with to ensure they perform better on fixed costs. The over all performance is favorable.

5 0

3 years ago