Answer:
The correct answer is option (a).
Explanation:
According to the scenario, the given data are as follows:
Purchase Bonds = 60
Purchased bonds value = $60,000
So Purchased value of 30 bonds = $60,000 ÷ 2 = $30,000
Sold 30 bonds at value = $32,000
So, we can calculate the gain on sale by using following formula:
Gain on sale = Sold 30 bonds at value - Purchased value of 30 bonds
By putting the value, we get
= $32,000 - $30,000
= $2,000
Answer:
3.69
Explanation:
We know,
The productivity in sales revenue/labor expense =
Given,
Sales revenue = Units sold × Sale price per unit
Sales revenue = 1,217 units × $1,700
Sales revenue = $2,068,900
labor expense = Total labor hours × wage rate per hour
labor expense = 46,672 × $12
labor expense = $560,064
Putting the values into the formula, We can get,
The productivity in sales revenue/labor expense =
The productivity in sales revenue/labor expense = 3.69
The company's price offer is the most important competitive factor in determining a company's ability to secure contracts to supply private-label footwear to large multi-outlet retailers of athletic footwear in a particular geographic region.
The S/Q ratings of both branded and private-label footwear manufactured at each production plant can be raised through TQM/Six Sigma quality control systems and best practices training.
Five things affect the S/Q rating: The following factors should be taken into account: (1) current-year spending per footwear model for new features and styling; (2) the percentage of superior materials used; (3) current-year expenditures for Total Quality Management (TQM) and/or Six Sigma quality control programs; (4) cumulative expenditures for TQM/Six Sigma quality control efforts (to reflect learning and experience curve effects); and (5) current-year and cumulative expenditures to train employees in using the best practices to assemble athletic footwear.
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Answer:
$406,300
Explanation:
The computation of the cash collection is shown below:
Cash Collected From Customers is
= Ending account receivable +Revenue For the Year - opening account receivable
= $31,400 + $411,000 - $36,100
= $406,300
Neither a favorable nor an unfavorable balance of trade with Jamaica.