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3 years ago

Fein Company provided the following information relating to cash payments:

Business

1 answer:

BlackZzzverrR [31]3 years ago

6 0

Answer:

Fein Company

Schedule of Cash Payments

For the Month of August 202x

Salaries expenses:

From July salaries $3,230

From August salaries $31,860

Total salaries $35,090

Direct materials:

From July purchases $61,600

From August purchases $14,600

Total direct materials $76,200

Overhead expenses: $64,850

Debt payments:

Principal $15,000

Accrued interests $450

Total debt payment $15,450

Total cash payments $191,590

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During a certain six-year period, the consumer price index (CPI) increased by 50%, but during the next sis-year period, it incre

liberstina [14]

Answer:

D. Deflation

Explanation:

"Consumer Price Index" (CPI) measures the changes in the weighted average of prices of a market basket (consisting of consumer goods and services). It tells the cost of living for every consumer.

"Inflation" refers to the sustained increase of prices of goods and services while "deflation" refers to the sustained decrease of prices of goods and services.

In the situation above, the CPI is considered lower than before, thus deflation must have occurred during the second six-year period. It shows a negative inflation rate.

So, this explains the answer.

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3 years ago

No trespassing signs are an example of owners enforcing their right to

Ilia_Sergeevich [38]

Answer:

I guess the ans is their right to exclude people from your property.

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3 years ago

Your parents are giving you $205 a month for 4 years while you are in college. At an interest rate of .48 percent per month, wha

luda_lava [24]

Answer:

$8,770.00

Explanation:

In this question we use the present value formula i.e shown in the attachment below:

Data provided in the question

Future value = $0

Rate of interest = 0.48%

NPER = 4 years × 12 months = 48 months

PMT = $205

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the answer would be $8,770.00

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3 years ago

Outdoor luggage inc. makes high-end hard-sided luggage for sports equipment. data concerning three of the company's most popular

Elden [556K]

1-a. The total time available on the plastic injection molding machine is the constraint in the production process. What is the contribution margin per unit of the constrained resources for Ski Guard, Golf Guard and Fishing Guard?

Answer:

We need to need to find the contribution margin for each product.

$Contribution Margin per unit = Selling Price per unit - Variable cost per unit$

Then we need to find contribution margin per unit of constrained resources with the following formula:

$Contribution Margin per unit of constrained resource = \frac{Contribution margin per unit}{Resource needed per unit of product}$

Constraint: Time available on plastic injection moulding machine

Ski Guard Golf guard Fishing guard

Selling Price per unit 200 300 255

Less: Variable Cost 60 140 55

Contribution Margin 140 160 200

Processing time per unit (minutes) 2 5 4

Contribution Margin unit of constraint 70 (140/2) 32 (160/5) 50

1-b. Which product would be the most profitable use of this constraint?

Manufacturing the Ski Guard would be the most profitable use of this constraint since it has the maximum contribution margin per unit of constraint, ($70 per unit).

1-c. Which product would be the least profitable use of this constraint?

The Golf Guard would be the least profitable use of this constraint since it has the least contribution margin per unit of constraint, at $32 per unit.

2a. A severe shortage of plastic pellets has required the company to cut back its production so much that the plastic injection molding machine is no longer the bottleneck. Instead, the constraint is the total available pounds of plastic pellets. What is contribution margin per unit of the constrained resources for Ski Guard, Golf Guard and Fishing Guard?

We need to need to find the contribution margin for each product.

$Contribution Margin per unit = Selling Price per unit - Variable cost per unit$

Then we need to find contribution margin per unit of constrained resources with the following formula:

$Contribution Margin per unit of constrained resource = \frac{Contribution margin per unit}{Resource needed per unit of product}$

Constraint: Pounds of plastic pellets

Ski Guard Golf guard Fishing guard

Selling Price per unit 200 300 255

Less: Variable Cost 60 140 55

Contribution Margin 140 160 200

Plastic pellets per unit (pounds) 7 4 8

Contribution Margin per pound 20 (140/7) 40 (160/4) 25 (200/8)

2-b. Which product would be the most profitable use of this constraint?

The Golf Guard would be the most profitable use of this constraint since it has the maximum contribution margin per unit of constraint, ($40 per unit).

2-c. Which product would be the least profitable use of this constraint?

The SkiGuard, with a contribution margin of $20 per pound of plastic would be the least profitable use of this constraint.

3. Which product has the largest unit contribution margin?

Answer : The fishing guard has the largest per unit contribution margin at $200.

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3 years ago

"'Suppose that while in college, you saved money by eating generic fruits and vegetables from the grocery store. Now, suppose th

zysi [14]

Answer:

Normal goods

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.

I increase my demand for organic fruits and vegetables when my income increased. This shows they are normal goods.

Generic fruits and vegetables are inferior goods.

Inferior goods are goods whose demand falls when income rises and increases when income falls.

I hope my answer helps you

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3 years ago