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Novosadov [1.4K]
3 years ago
9

Golden Generator Supply is approached by Mr.​ Stephen, a new​ customer, to fulfill a large​ one-time-only special order for a pr

oduct similar to one offered to regular customers. Golden Generator Supply has excess capacity. The following per unit data apply for sales to regular​ customers: Direct materials ​$190 Direct manufacturing labor 180 Variable manufacturing support 280 Fixed manufacturing support 140 Total manufacturing costs 790 Markup​ (10% of total manufacturing​ costs) 79 Estimated selling price ​$869 If Mr. Stephen wanted a​ long-term commitment, and not a​ one-time-only special​ order, for supplying this​ product, calculate the most likely price to be quoted assuming the markup remains the​ same? A. ​$869 B. ​$650 C. ​$370 D. ​$790
Business
1 answer:
pshichka [43]3 years ago
3 0

Answer:

A. ​$869

Explanation:

If it charges a price below of their full cos and mark-up it wouldn't be able to sustain it in the long-term

When company's receive a one-time-only then, they may be willing to charge a lower price to cover a portion of their fixed cost when there is spare capacity but, in long-term they will have to charge at full cost else, they will lose money

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Answer:

Explanation:

1. True

Separation of record keeping for assets from custody over assets in custody over assets reduces theft and fraud . except in a case of collusion.

Fraud and theft of assets can be easily perpetrated and covered up when an individual combines the role.

2. False

Internal control focuses more on the internal operation of an organization rather than the external. Even though it can still be of impact in checking the excesses of external parties like the government agencies , but that is not its primary objective

3.True

Internal control's main objectives can be best accomplished when there is an operational system with managerial policies that protect waste , fraud and theft , being the major factors targeted to control

4.False

Separating the responsibility for a transaction between two or more individuals or departments is a major way of preventing creation of fictitious invoices and payment as it could have easily be detected if different individuals are involved in approval and payment of invoices.

7 0
3 years ago
Jared had studied extremely hard for his math test and believed he had understood the material and memorized the formulas. As he
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Answer:

He began to worry.vvv

Explanation:

3 0
3 years ago
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In a 1960s movie, an heiress sends out thousands of letters to shareholders in an attempt to have them vote for her and for the
Vitek1552 [10]

Answer:

The kind of corporate takeover technique implemented in the film is proxy fight.

Explanation:

A proxy fight is termed as a technique where two corporate factions ask the stakeholders for the proxy votes such that the right of voting is transferred.

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6 0
3 years ago
Economics: Which one of the Fed actions in Part 1 might be more difficult if U.S. currency still consisted of demand notes rathe
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Answer:

E. Quantitative easing  and  Buying short-term U.S. Treasury securities

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8 0
2 years ago
You are doing some analysis on the has a market value that is equal to its book value. Currently, the firm has excess cash of $1
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Answer:

the new earnings per share will be 231 cents

Explanation:

Earnings per share is Earnings attributable to each Common Share.

Earnings Per Share = Earnings attributable to Holders of Common Stock/ Weighted Average Number of Common Shares

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                                = 231 cents

8 0
3 years ago
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