Answer:
CVP Income Statement
Sales revenue 2,300,000
Less: Total variable cost <u>1,171,000</u>
Contribution margin
1,129,000
Less: Fixed cost <u>664,000</u>
Net Operating income <u>$465,000</u>
Note:
Cost of goods sold 936,000
Selling expenses 119,000
Admin expense <u>116,000</u>
Total variable cost <u>1,171,000</u>
Cost of goods sold
473,000
Selling expenses 71,000
Admin expense <u>120,000</u>
Total Fixed cost <u>664,000</u>
Answer:
inbound logistics.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
The fundamental principle of supply chain management is the complete collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing producer), a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.
In this scenario, Dave creates and sells DVDs of his magic tricks.
Lately, Dave has been having some trouble getting his DVDs produced in a timely manner. Thus, of the five (5) primary activities in the value chain, this problem of not producing goods (DVDs) as at when needed by the viewers (end users) is most likely to occur in inbound logistics.
An inbound logistics can be defined as a supply process which relates with receiving, storing or warehousing of raw materials and the distribution of inventory internally.
Its real GDP will be $1280.
According to the data provided here, we have that;
Production of 220 pounds of jelly beans at $5 means = 220 x 5 = $1100
While the 90 pounds of gum drops at $2 = 90 x 2 = $180
As production is an investment (I) so,
real GDP = $1100 + $180 = $1280
Hence, the real GDP of the production of two consumer goods ( Commodities ) is $1280.
When the production after completion goes to the market and after selling they generate revenue and the investment and profit come back which actually calculates the real GDP of an economy.
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Answer:
a. retained earnings statement, as a $630,000 addition to the beginning balance
Explanation:
Data provided in the question
Change in increase in inventory = $900,000
Income tax rate = 30%
By considering the above information, the cumulative effect is
= Change in increase in inventory - Change in increase in inventory × income tax rate
= $900,000 - $900,000 × 30%
= $900,000 - $270,000
= $630,000
This $630,000 is a addition to the beginning balance
As the basis for everything about finnancial issues, the statement above is TRUE. These means are the basis to achieve your goals to save money and keep your budget safe. Hope this is good for you
