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Leviafan [203]
3 years ago
5

You spend $5 on materials to make a scarf. You think you have added $10 of value, so you set the price at $15. Nobody buys the s

carf at that price, so you lower the price to $12, and someone buys it. What is the value of the scarf?
Business
1 answer:
Serga [27]3 years ago
6 0

Answer: 12

Explanation:

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*Marking brainliest for the first right answer*
vichka [17]

Answer:

yaah lower is only the answer

3 0
3 years ago
The town of matildaville is attempting to reduce the amount of litter on the side of the roads. which proposed program would be
inysia [295]
The proposed program would be a negative incentive is $200 fine for each piece of litter. When a town is attempting to reduce the amount of litter on the side road they need to think of the solution or a program that would be a negative incentive is $200 fine for each piece of litter.
8 0
3 years ago
Read 2 more answers
The Canton Corporation shows the following income statement. The firm uses FIFO inventory accounting. CANTON CORPORATION Income
Zepler [3.9K]

Answer:

Aftertax income     47,278.7

Explanation:

Sales 14,600 units at $14.30 (10%Δ)       208,780

Cost of goods sold (unchanged)        <u>   (116,800)   </u>

      Gross profit                                         91,980

S&A expenses; 5% of sales

208,780 x 5% =                                          (10,439)

Depreciation  (unchanged)                    <u>   (14,000)  </u>

Operating profit                                           67,541  

Taxes (30% of operating profit)             <u>    20,262.3  </u>

Aftertax income                                          47,278.7‬

8 0
3 years ago
The Brite Beverage Company bottles soft drinks into aluminum cans. The manufacturing process consists of three activities:
Leokris [45]

Answer:

A. $0.1 per can

B. $3,315

C. 0.098 per packaged can

Explanation:

a) Calculation to Determine the total activity cost per packaged can under present operations.

Using this formula

Total activity cost per packaged = Total activity cost under present operations ÷ total cans packaged

Let plug in the formula

Total activity cost per packaged= $650,000 ÷ 6,500,000

Total activity cost per packaged= $0.1 per can

Therefore the total activity cost per packaged can under present operations is $0.1 per can

b) Calculation to Determine the amount of increased packaging activity costs from the expected improvements.

First step is to calculate the Packaging cost per bottle =

Using this formula

Packaging cost per bottle = Current packaging cost ÷ total cans packaged

Let plug in the formula

Packaging cost per bottle = 110,500 ÷ 6,500,000

Packaging cost per bottle = $0.017 per bottle

Second step is to calculate the Total packaging cost

Using this formula

Total packaging cost = Total bottle × cost per bottle

Let plug in the formula

Total packaging cost= 6,695,000 × $0.017

Total packaging cost= $113,815

Now let determine the amount of increased packaging activity costs from the expected improvements.

Using this formula

Amount of increased packaging activity costs = total packaging cost - current packaging cost

Let plug in the formula

Amount of increased packaging activity costs= $113,815 - 110,500

Amount of increased packaging activity costs= $3,315

Therefore the amount of increased packaging activity costs from the expected improvements is $3,315

c) Calculation to Determine the expected total activity cost per packaged can after improvements

First step is to calculate Total activity cost using this formula

Total activity cost = Mixing cost + filling cost + packaging cost

Let plug in the formula

Total activity cost == $286,000 + $253,500 + $113,815

Total activity cost == $653,315

Now let determine the Expected total activity cost per packaged can

Using this formula

Expected total activity cost per packaged can = Total activity cost ÷ no. of bottles

Let plug in the formula

Expected total activity cost per packaged can= $653,315 ÷ 6,695,000

Expected total activity cost per packaged can=0.098 per packaged can

Therefore the expected total activity cost per packaged can after improvements is 0.098 per packaged can

6 0
3 years ago
Budgets play a critical role in management activities such as planning, controlling and motivating employees. Used effectively,
alukav5142 [94]

Answer:

Consider the following explanation

Explanation:

Mentioned below benefits we can obtain from a effectively managed budget:

  1. Budget compels and motivates management to make an early and timely study of its problems. It generates a sense of caution and care, and adequate study among managers before decisions are made by them.
  2. Budget provides a valuable means of controlling income and expenditure of a business as it is a “plan for spending.”
  3. Budget provides a tool through which managerial policies and goals are periodically evaluated, tested and established as guidelines for the entire organization.
  4. Budget helps in directing capital and other resources into the most profitable channels.
  5. Budget enables management to decentralize responsibility without losing control of the business. It reveals weaknesses, inefficiencies, deviations in the organization very promptly which can be checked immediately to achieve a desired goal.

In Contrast there are below demerits an organization will suffer for budget if the budget is not accomplished effectively:

  1. Planning, Budget or forecasting is not an exact science; it uses approximations and judgment which may not be fully accurate. At best, a budget is an estimate; no one knows precisely what will happen in the future.
  2. The success and utility of Budget depends on the cooperation and participation of all members of management. All persons should direct their efforts according to the plan. The top management also should adhere to the budget and provide cooperation. Many a time Budget has failed because executive management has paid only lip service to its execution.
  3. A budget is only a tool and neither eliminates nor takes over the place of management. A budget cannot be substituted for management but should only be used by management for accomplishing managerial functions. Executives generally feel “circled in” by a budget and its related figures. They fail to understand that budget is meant to provide detailed information, goals and targets which may help them in achieving the company objectives
  4. The establishment of a Budget process took time. Also, sometimes too much is expected from a budget and in case expectations are not fulfilled, the blame is put on the budget. An efficient Budget programme requires that responsible persons should understand the philosophy, objectives and essentials of Budget.
  5. Excessive emphasis on Budget may result in attempts by lower level management and employees to buck the system by providing inaccurate estimates of future costs and revenues, and by failing to take advantage of changes in the environment because to do so would result in a deviation from plan, they would be considered as operating contrary to the budget. Under an unbalanced budget programme, employees will tend to overestimate costs and underestimate revenues, thus creating budget slack.
6 0
3 years ago
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