What economic factors are reagent in managerial decision making

Marigold Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is avai

Mars2501 [29]

Answer:

Marigold Company

Cost of goods sold = $9,119

Ending inventory = $7,461

Explanation:

a) Data and Calculations:

Units Unit Cost Total Cost

April 1 inventory 250 $14 $ 3,500

April 15 purchase 420 17 7,140

April 23 purchase 330 18 5,940

Total 1,000 $16,580

Weighted-average costs $16.58

Sales 550

Cost of goods sold = 550 * $16.58 = $9,119

Ending inventory = 450 * $16.58 = $7,461

b) The first computation is for the total cost of goods available, which is then divided by the total units available for sale. This gives the weighted-average cost per unit. This unit cost is then multiplied with the units of ending inventory and sales to obtain the cost of the ending inventory and the cost of goods sold, respectively.

8 0

2 years ago

Pension data for David Emerson Enterprises include the following: ($ in millions) Discount rate, 10% Projected benefit obligatio

Gelneren [198K]

Answer:

$123

Explanation:

Calculation to determine the service cost component of pension expense for the year ended December 31.

PENSION BENEFIT OBLIGATION

Beginning of the year Projected benefit obligation $360

Service cost ?

Interest cost $36

(10%*360)

Loss (gain) on PBO $0

Less: Retiree Benefits ($54)

End of the year Projected benefit obligation $465

Hence,

SERVICE COST= ($465-$360-$36+$54)

SERVICE COST= $123

Therefore the service cost component of pension expense for the year ended December 31 will be $123

5 0

3 years ago

A contract that combines a good with a service is considered what kind of sale?

kykrilka [37]

A contract that combines a good with a service is considered Mixed Sale

<h3>What is Mixed Sale?</h3>

A foundational business model known as the "marketing mix" has historically focused on the four Ps of product, price, place, and promotion. The phrase "collection of marketing instruments that the firm utilizes to pursue its marketing objectives in the target market" refers to the marketing mix.

Early in the twenty-first century, marketing theory first appeared. The modern marketing mix was initially published in 1984 and has since evolved into the framework for all marketing management choices. An extended marketing mix is utilized in the services industry; it often consists of 7 Ps, which are made up of the basic 4 Ps plus process, people, and physical evidence. Occasionally, service marketers will use the term "8 Ps," which refers to these 7 Ps plus performance and includes "product, pricing, place, promotion, people, positioning, packaging."

To learn more about Mixed Sale from the given link:

brainly.com/question/25860138

#SPJ4

4 0

1 year ago

A customer is complaining to you about an issue they are having with your company’s product. You know from experience that this

Marat540 [252]

Answer:

A. Let the customer finish complaining, then explain to her why she is having the issue.

Explanation:

In dealing with customers it is important that conflicts is on de-escalation in such a way that the customer is satisfied after the transaction and does not feel bad about the incident.

In the given scenario the customer caused the issue but it is important to listen to their complaint and get clarity on the situation.

Cutting the customer short because a similar situation occurred in the past may not reveal all issues. So it is better to hear the customer's full complaint.

Then we need to explain to the customer why the customer is having the issue without emphasising they are wrong.

This will reduce bad feelings on the part of the customer

8 0

2 years ago

Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 4 pounds

Reika [66]

Answer:

The contribution per pound for K1, S5, and G9 is $64 per pound, $27 per pound, and $66 per pound respectively.

Explanation:

The contribution margin shows a difference between selling price per unit and the variable cost per unit.

In equation, it is displayed below:

Contribution per unit = Selling price per unit - Variable cost per unit

Since, in the question we have to calculate the contribution margin per pound for each of the three products. So by using the above equation, the calculation can be made which is shown below:

Contribution margin per pound for Product K1

= K1 Selling price per pound - K1 Variable cost per pound

= $160- $96

= $64 per pound

Contribution margin per pound for Product S5

= S5 Selling price per pound - S5 Variable cost per pound

= $112- $85

=$27 per pound

Contribution margin per pound for Product G9

= G9 Selling price per pound - G9 Variable cost per pound

= $210- $144

=$66 per pound

Other costs and production level is immaterial while calculating contribution margin for these three products.

Hence, the contribution per pound for K1, S5, and G9 is $64 per pound, $27 per pound, and $66 per pound respectively.

4 0

2 years ago