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marysya [2.9K]
4 years ago
15

Smith Company manufactures washing machines in their own facility. They sell them to stores like Best Buy and Lowes for ultimate

sale to the consumer. Here are some costs for Smith Company. Calculate total PRODUCT costs for Smith Company.Direct Labor $20906Sales and Marketing Expenses $23289Metal to make the exterior shell of the washing machines $50181 Electricity to run the machinery in the factory $18939Salary of the manager who oversees manufacturing $8204Salary of the Chief Operating Officer of the Company $16665Water bill for the building that houses corporate headquarters $2100
Business
1 answer:
amm18124 years ago
3 0

Answer:

The total product cost is $98,230

Explanation:

The product cost is that cost which is related to the manufacturing of a product

The computation of the total product cost is shown below:

= Direct labor + Metal to make the exterior shell of the washing machines + Electricity to run the machinery in the factory + Salary of the manager who oversees the manufacturing

= $20,906 + $50,181 + $18,939 + $8,204

= $98,230

So, this cost which are considered in the computation part is product cost and the rest cost are ignored.

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Answer:

they do not want to carry around large amounts of cash.

Explanation:

Debit cards are comparable in appearance to credit cards. The difference is that debits cards draw funds directly from the customer's account. It means that if the customer does not have sufficient funds in their account, a debit card transaction will not go through. Paying with a debit card is 'almost like' paying cash, only that the funds are held in a bank account.

People choose to carry and pay with debit cards to avoid moving around with a lot of cash. Debit cards reduce the risk of carrying a lot of cash.

7 0
3 years ago
Which sales channel incentivizes every member of its network?
bulgar [2K]

Answer:

Channel incentives are a behavioral modification tool that influence channel partners – such as dealers, contractors, resellers, and vendors – to align their behaviors with overarching business goals. These behaviors could include: Increasing overall sales volume. Increasing sales for high margin products

Explanation:

7 0
3 years ago
Read 2 more answers
During the past year a company had total fixed costs of $700,000. Its product sold for $93 per unit. Variable costs during this
Brilliant_brown [7]

Answer:

The company must sell 34706 units

Explanation:

To calculate the units required to earn a target profit of $1000000 next year, we will use the break even analysis modified for target profit calculation.

The break even in units is calculated by dividing the Total fixed costs by the contribution margin per unit. To calculate the units required for target profit, we add the target profit amount to the fixed cost and divide it by the contribution margin per unit. Thus, the formula is,

Units required for target profit = (Total fixed cost + target profit) / Contribution margin per unit

Where contribution margin per unit = Selling price per unit - Variable cost per unit

New fixed costs = 700000 + 700000 * 0.1 = 770000

New variable cost = 45 - 3 = 42

New contribution margin per unit = 93 - 42 = $51

Units required for target profit = (770000 + 1000000) / 51

Units required for target profit = 34705.88 rounded off to 34706 units

3 0
4 years ago
Cincinnati Manufacturing uses machine hours to budget production quality costs. When the company incurs 7,200 machine hours tota
lapo4ka [179]

Answer: $108.24 per machine hour

Explanation:

Given that,

If the company incurs 7,200 machine hours then,

Total variable production quality cost = $556,416

Total fixed production quality cost = $226,008

Variable production quality cost per machine hour:

= \frac{Total\ variable\ production\ quality\ cost}{Machine\ hours}

= \frac{556,416}{ 7,200}

= $77.28 per machine hour

If the company incurs 7,300 machine hours then,

Total production cost = variable production quality cost + fixed production quality cost

                                    = $77.28 per machine hour × 7,300 +  $226,008

                                    = $564,144 + $226,008

                                     = $790,152

Total production quality cost per unit = \frac{Total\ production\ cost}{Machine\ hours}  

                                                  = \frac{790,152}{ 7,300}  

                                                  = $108.24 per machine hour

5 0
3 years ago
En tus propias palabras, establece la diferencia entre responsabilidad social y ética empresarial
Elodia [21]

La ética empresarial comprende los valores y principios de la empresa, mientras que la responsabilidad social es el compromiso de cumplir de manera congruente con el propósito de la empresa.

<h2>¿Qué es la ética empresarial?</h2>

La ética empresarial señala todos aquellos valores, conjunto de principios y normas que orientan el desenvolvimiento de una empresa en el ámbito de las acciones.

<h2>¿Qué es la responsabilidad social?</h2>

La responsabilidad social es el compromiso, convenio y disposición que poseen los individuos que forman parte de una empresa de favorecer voluntaria y positivamente al mejoramiento de la sociedad.

<h3>Diferencia entre responsabilidad social y ética empresarial</h3>

  • La ética empresarial define la forma en que una empresa opera.

  • Una empresa es socialmente responsable cuando se asume el compromiso voluntario con la sociedad, y aplica tanto a nivel interno como externo de la empresa.

Por tanto, podemos concluir que la ética empresarial se maneja por ideales y valores, mientras que la responsabilidad social se relaciona con el compromiso de llevar a cabo sus operaciones de una forma ética.

Obtenga más información acerca la ética empresarial aquí: brainly.com/question/15985192

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