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3 years ago

1. Why is the production department of a company important? (1-2 sentences. 2.0 points)

1 answer:

4 0

They're important because The production departement is the one that's responsible in transforming all resources/material into the products that are ready for the market.
Without the production department, companies will not be able to fulfill their sales order and many consumers will left dissatisfied with their services

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Suppose that the Federal Reserve has set the required reserve ratio at 0.20 (that is, 20%). Second Republic Bank currently has $

Aliun [14]

Answer:

Reserves = $105,000

Required reserve = $30,000

Excess reserve = $75,000

Explanation:

Given:

Required reserve ratio = 0.20

Check able deposit = $150,000

Outstanding loans = $45,000

Computation:

Reserves = Check able deposit - Outstanding loan

Reserves = $150,000 - $45,000

Reserves = $105,000

Required reserve = Check able deposit[Required reserve ratio]

Required reserve = $150,000[0.20]

Required reserve = $30,000

Excess reserve = Reserves - Required reserve

Excess reserve = $105,000 - $30,000

Excess reserve = $75,000

3 0

3 years ago

The following accounts appear in an adjusted trial balance of Bridgewater Consulting. Indicate whether each account would be rep

igomit [66]

Answer:

Explanation:

1. Accounts Payable - Current liabilities in liabilities side

2. Accounts Receivable - Current asset in assets side

3. Accumulated Depreciation—Building - Property, plant, and equipment in assets side

4. Cash - Current asset in assets side

5. Common Stock - stockholders' equity

6. Note Payable (due in ten years) - Long-term liability in liabilities side

7. Supplies - Current asset in asset side

8. Wages Payable - Current liabilities in liabilities side

5 0

3 years ago

Read 2 more answers

What is said to exist when total demand equals total supply in a transportation problem? an equilibrialized problem a balanced p

ss7ja [257]

Answer:

a balanced problem

Explanation:

In the transportation problem, when the total supply is greater than the total demand than we will say that the problem is unbalanced and
when total demand equals total supply in a transportation problem that then we will say that the problem is balanced.
so here here correct option is : a balanced problem

8 0

3 years ago

Central Systems, Inc. desires a weighted average cost of capital of 7 percent. The firm has an after-tax cost of debt of 4 perce

Oksanka [162]

Answer:

Explanation:

Given that,

Weighted average cost of capital = 7%

After-tax cost of debt = 4 percent

Cost of equity = 10 percent

Let the debt of this firm be x, then the equity will be (1 - x),

wacc = (After-tax cost of debt × Debt) + (Cost of equity × Equity)

7% = (4% × x) + [10% × (1 - x)]

0.07 = 0.04x + 0.1 - 0.1x

0.07 = 0.10 - 0.06x

0.06x = 0.10 - 0.07

0.06x = 0.03

x = 0.5

Therefore, if the debt is 0.5 then the equity is 0.5.

Hence, the debt to equity ratio will be:

= 0.5 ÷ 0.5

= 1

The debt-equity ratio is 1 for the firm to achieve its targeted weighted average cost of capital.

8 0

3 years ago

The Botosan Factory has determined that its budgeted factory overhead budget for the year is $601,880 and budgeted direct labor

alexgriva [62]

Answer:

Allocated MOH= $541,200

Explanation:

Giving the following information:

Estimated overhead= $601,880

Budgeted direct labor hours= 367,000

The actual direct labor hours for the period are 334,000

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 601,880/367,000

Predetermined manufacturing overhead rate= $1.64 per direct labor hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.64*334,000

Allocated MOH= $541,200

8 0

3 years ago