Answer:
$230.02
Explanation:
Calculation for what amount would the company have to charge for the Tijerina wedding cake to just break even
Size related $69.16
($1.33 per guest × 52 guests)
Complexity-related $56.84
($28.42 per tier × 2 tiers)
Order-related $74.72
($74.92 per order × 1 order)
Cost of purchased decorations for cake $29.30
Total cost $230.02
($69.16+$56.84+$74.72+$29.30)
The amount that the company would have to charge for the Tijerina wedding cake to just break even will be $230.02
Answer:
Please see below
Explanation:
a. Current ratio
= Total current assets / Total current liabilities
= $262,787 / $293,625
= 0.89
b. Debt to assets ratio
= Total current liabilities / Total assets
= $293,625 / $439,832
= 0.67
c. Free cash flow
= Net cash provided by operating activities - Dividends - Capital expenditure
= $62,300 - $12,000 - $24,787
= $15,685
Answer:
NPV = $ 3,969,921.84
IRR = 23.94%
Explanation:
As the values are not given so i searched and found a similar question. i am using those values.
using formulas:
Cash Flows = Net Income + Depreciation + Investment + NWC + After-tax Salvage value
NPV = NPV(rate, CF1...CF5) - CF0
IRR = IRR(values)
It requires a table for it to be solved easily and efficiently so i am putting a screen shot of a word file on which i have solved the question. the question and its values are also given in screenshots.
Answer:
Total cost for Operations Department = 92,548
Explanation:
Dual-rate method is a method of allocating costs in which two cost functions are used. Typically, the two functions are a fixed-cost function and a variable-cost function.
First calculate allocation rate for fixed cost for Operations Department
Fixed cost = 60000
Budgeted copies = 310000
Fixed allocation rate = 60000 ÷ 310000
= $ 0.1935483870967742 per copy............eq(2)
Variable cost = $ 0.05 per copy............ eq(1)
Actual usage by Operations department was 380000 copies.
Multiply this amount with allocation rates calculated in eq(1) and e1(2).
Actual fixed cost = 0.1935483870967742 × 380000
= 73548
Actual variable cost = 0.05 × 380000
= 19000
Total cost for Operations Department = 73548 + 19000
= 92,548
Answer:
The answer is: It will move resources from belt production to shoe production, thereby decreasing the supply of belts.
Explanation:
The Law of Supply states that as the price of a product increases, suppliers are willing to offer a larger quantity of that product. But if the price of a product decreases, suppliers will be willing to offer smaller quantities of that product.
In this case, the leather company will want to offer a larger quantity of shoes since the price of shoes is likely to increase. Since all companies only have a certain total amount of resources, in order to be able to produce more shoes they might have to decrease the quantity supplied of belts.
