Answer:
Total profit = $1800000 @ a given demand level of 100K units of swimsuit.
Explanation:
Lets first develop a formula representing the Total profit for any demand level, see as follows:
(Selling price per unit× d) - (cost per unit× d)= Total profit
We will be using the short forms of the components in this formula.
SP = selling price per unit
d= demand
cp= cost per unit
TP= Total profit.
Now lets substitute the values into the formula to compute profit at any demand level (in this case 100,000 units of swimsuits) as follows:
Total profit = ($40× 100000) - ($22× 100000)
Total profit = $4000,000 - $2200,000
Total profit = $1800000 @ a given demand level of 100K units of swimsuit.
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<em>(NOTE: The formula mentioned above can be used to compute the correct profit for any demand level, even though if there is a change in sp and/or cp, the formula can also be useful.)</em>
Answer:
inventory impairment/cost of good sold (p/l) $500
Explanation:
IAS 2 requires that inventory be initially recognized at cost including cost of purchase and other necessary cost incurred in getting the inventory to the location where it becomes available for sale.
Subsequently, the item of inventory is carried at the lower of cost or net realizable value (NRV).
Quantity Unit Cost Unit NRV Lower of cost/NRV Amount
Model A 100 $100 $ 120 $100 $10,000
Model B 50 $50 $ 40 $40 $2,000
Model C 20 $200 $210 $200 $4,000
Adjustment required = 50 ($50 - $40)
=$500
This posted as
Debit inventory impairment/cost of good sold (p/l) $500
Credit Inventory account $500
Answer:
Rounded to next whole number:
N=3 kanban card sets
Explanation:
Given:
Number of gauges per hour=D=5 gauges per hour
Gauge cluster housing Transported=C=6
Hours for housing replenishment = T=2 hours
Safety Stock Percentage=P=40%
Find:
Number of kanban card sets needed=N=?
Solution:
Formula According to above mentioned Alphabets
Rounded to next whole number:
N=3 kanban card sets
Answer:
A. $194, 035
Explanation:
Predetermined Manufacturing overhead Rate = Estimated total overheads / Estimated direct labor hours
Predetermined Manufacturing overhead Rate = $176,000 / 13,700
Predetermined Manufacturing overhead Rate = $12.85 / direct labor hour
Actual Labor hours = 15,100 hours
Manufacturing overhead allocated = $12.85x 15,100
Manufacturing overhead allocated = $194,035
The correct option is A. $194, 035
Answer:
The answer is $56.68
Explanation:
Solution
We recall that:
The firm paid a dividend of =$7.80
The projected growth of dividends is at a rate = 9.0%
The annual return = 24.0%
Now,
V = ($7.80 * (1.09)/(.24 - 0.9)
= (8.502)/(.24-0.9)
= (8.502) * (-0.66)
= $56.68
Therefore, this would be the most we would pay for the stock. If we paid less than that, our return would be above the 24%.
