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3 years ago

The core processes in a value chain must add value for the external customers, while support processes

Business

1 answer:

shusha [124]3 years ago

7 0

Answer:

B. are also part of the value chain

Explanation:

Value chain comprises two activities i.e primary activities and support activities.

The primary activities include those activities which add the value to the customer through inbound logistics, outbound logistics, operations, and marketing sales and services

Whereas the support activities are those activities who support the primary activities. It involves procurement, firm infrastructure, etc

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Tarrant Corporation was organized this year to operate a financial consulting business. The charter authorized the following sto

algol [13]

Answer:

Find the requirement below:

1. Prepare the journal entries required to record the sale of common stock in (a) and (b). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

2. Prepare the stockholders’ equity section as it should be reported on the year-end balance sheet. (Amounts to be deducted should be indicated by a minus sign.)

First issue of shares:

Dr Cash $197,200

Cr Common stock $98,600

Cr Paid-in capital in excess of par $98,600

Second issue of shares:

Dr Cash $85,800

Cr Common stock $37,400

Cr Paid-in capital in excess of par $48,400

Shareholders equity section:

Common stock ($98,600+$37,400) $136,000

Paid in capital ($98,600+$48,400) $147,000

Retained earnings $7,300

Total shareholders' equity $290,300

Explanation:

First issue of shares:

cash proceeds 5,800*$34=$197,200.00

split into common stock $17*5,800=$98,600.00

paid-in capital in excess of par ($197,200-$98,600)= $98,600.00

second issue of shares:

cash proceeds 2,200*$39=$ 85,800.00

split into common stock $17*2200=$ 37,400.00

paid-in capital in excess of par ($85,800-$37,400)= $48,400.00

4 0

2 years ago

Three months of rent were prepaid on May 1 for $7,200, but two months have now expired, leaving only one month prepaid at June 3

Dafna11 [192]

Answer:

b- $2,400

Explanation:

The computation of the amount that should be recorded is given below:

= 3 months rent ÷ number of months

= $7,200 ÷ 3 months

= $2,400

Hence, the amount of rent that should be recorded is $2,400

Therefore the option b is correct

The same should be considered

7 0

2 years ago

Altoid Company sold most of its inventory produced during the period. The manager needs to close the $1,200 balance of Manufactu

Likurg_2 [28]

Explanation:

The journal entry to close the books is

Cost of Goods sold A/c Dr $1,200

To Manufacturing Overhead A/c $1,200

(Being the under-applied overhead is recorded)

Since the jobs were undercosted, that means the overhead is applied under overhead so we debited the cost of goods sold account and credited the manufacturing overhead account. Both the items are recorded for $1,200

5 0

3 years ago

Parties more interested in managerial accounting data than in financial accounting data include

zvonat [6]

<span>The phase of accounting that is concerned with providing information to managers for use within the organization.

</span><span>Production manager, VP of Business Planning, Controller</span>

8 0

3 years ago

Sale price $60 $100 Variable costs $35 $60 Machine hours required for 1 vase 1 2 Total fixed costs are $600,000, and Rose Incorp

MrRissso [65]

Answer:

a) CM1 = 25

CM2 = 40

b) CMmh1 = 25

CMmh2 = 20

c) 25,000 units of Vase 1 and 12,500 units of Vase 2

d) OI = $ 525,000

Explanation:

a. Determine the contribution margin per unit for each type of vase.

The contribution margin per unit is equal to the difference between the sale price and the variable cost per unit:

$CM_1=P_1-VC_1=60-35=25\\\\\\CM_2=P_2-VC_2=100-60=40$

b. Determine the contribution margin per machine hour for each type of vase.

For the Vase 1, the number of machine hours per unit is 1. So the contribution margin per machine hour for Vase 1 is equal to CM1=$25.

For the Vase 2, the number of machine hours per unit is 2. Then, the contribution margin per machine hour for Vase 2 is equal to CM2=$40/2=$20.

c. Determine the number of units of each style of vase that Rose Incorporated should produce to maximize operating income.

There are 3 restrictions:

- Max 25,000 units of Vase 1

- Max 25,000 units of Vase 2

- 50,000 hours of machine hour

As the contribution margin per machine hour is higher for the Vase 1, so we start producing the more we can of Vase 1. The limit is 25,000 units.

Then, we are left with 25,000 machine hours available for Vase 2. We can produce 25,000/2=12,500 units, which is under the market constraint.

d. What is the dollar amount of the maximum operating income as calculated in C above

The operating income for the mix proposed in C is:

$OI=CM_1*q_1+CM_2*q_2-FC\\\\OI=25*25,000+40*12,500-600,000\\\\OI=625,000+500,000-600,000\\\\OI=525,000$

4 0

3 years ago

The core processes in a value chain must add value for the external​ customers, while support processes

The core processes in a value chain must add value for the external customers, while support processes