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HACTEHA [7]
3 years ago
10

During the year, Cathy received the following:_______.

Business
1 answer:
Inessa05 [86]3 years ago
4 0

Answer: During the year, Cathy received the following: A) $30,000

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The Southern Corporation manufactures a single product and has the following cost structure: Variable costs per unit: Production
lukranit [14]

Answer: $1,900 less than under absorption costing.

Explanation:

The ending inventory of finished goods under variable costing is the difference in carrying value of ending finished goods inventory.

That is calculated as,

Difference in Carrying Value of Ending Finished Goods Inventory = Unit fixed Manufacturing Overhead * Change in Inventory in Units

The Unit Fixed Manufacturing Overhead as implied is the fixed Manufacturing Overhead per unit

Calculated therefore as,

Unit fixed manufacturing overhead = 129,010 / 6,790

= $19

Now that we have that, we can refer back to thw first formula,

Difference in carrying value of ending finished goods inventory = Unit fixed manufacturing overhead * Change in inventory in units

= 19 × (6,790 - 6,690)

= $1,900

The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be $1,900 less than under absorption costing.

6 0
3 years ago
Which kind of stock would you expect to pay the higher average return: stock in an industry that is very sensitive to economic c
BlackZzzverrR [31]

Answer:

Risk return you expect to pay high average return since it will give us better economic conditions.

6 0
3 years ago
Hofstede isolated four dimensions that he claimed characterized the cultures of different countries. Briefly describe each of hi
adoni [48]

<u>Solution and Explanation:</u>

<u>Hofstede's four dimensions are </u>

1)Power distance -It is the degree of inequality among the people of the country.

2)Individualism Vs Collectivism- This is the degree which shows how much people are willing to work as individuals and not as members of groups.

3)Uncertainty avoidance- This is the degree which shows how much people prefer structured and not unstructured situations.

4)Masculinity Vs Feminity-This shows the degree of existence of tough values like competition, success, assertiveness, performance over tender values like warm personal relation,taking care of weak,unity,quality of life etc.

It is necessary for managers to understand cultural differences because managers need to understand their employees better so that they can motivate and lead the employees.Due to cultural differences what managers take as granted may be different in different countries.Good example is Wal- mart's expansion in Mexico.Wal mart constructed large parking lot for the customers which surrounded the stand alone building.

This posed problem because many of the customers travelled by public buses to the store. So they had to walk a long way through parking lot. The culture in Mexico is different from US and people travelled by public transport.Later Wal mart had shuttle buses to carry people to and fro from the store.Cultural differences also mean deeply felt values ,customs which are not always easy to identify.

7 0
3 years ago
Calculate the present value of the following: a-1. Annual payment of $800 for 10 years at 5% interest. (Do not round intermediat
kipiarov [429]

Answer:

a-1 Present value = 6,177.39

a2- Present Value =6,227.79

a3- Choose the payment stream with the highest present value = a2

b1- Present Value=3,353.98

b2-Present Value=2,805.28

b3-Choose the payment stream with the highest present value = b1

Explanation:

a-1 describes an ordinary annuity whose present value is calculated as follows:

Present value =PMT*\frac{[1-(1+i)^-^n]}{i}

where PMT=$800; i= 5%, n= 10

Present value =800*\frac{[1-(1+0.05)^-^1^0]}{0.05} = 6,177.39

a2- Present value =600*\frac{[1-(1+0.05)^-^1^5]}{0.05} = 6,227.79

a3- If I were receiving these payments annually, I would prefer the payment stream with the highest present value ie a2 -Annual payment of $600 for 15 years at 5% interest.

b1- Present value =800*\frac{[1-(1+0.20)^-^1^0]}{0.20} = 3,353.98

b2-Present value =600*\frac{[1-(1+0.20)^-^1^5]}{0.20} =2,805.28

b3- f I were receiving these payments annually, I would prefer the payment stream with the highest present value ie b1- Annual payment of $800 for 10 years at 20% interest.

3 0
3 years ago
Tony's Beach T-Shirts has fixed annual operating costs of $75,000. Tony retails his T-shirts for $14.99 each and the variable co
Andreyy89

Answer:

$112.425

Explanation:

breakeven is

first we need to understand the concept of breakeven:

breakeven in sales makes reference to the amount of revenue in dollars at which a company has a profit of zero ($0.00). covering the underlying fixed expenses of a busines

with this concept we have that :

Total Costs   = fixed annual operating cost + variable cost + sold units

Revenue = Total Costs

14.99 * sold units = 75,000 + 4.99 * units

10 * sold units = 75,000

breakeven  = 7,500  units

now we can have the breakeven in dollars doing the convertion

breakeven = breakeven in units * prices

breakeven= 7,500 units * $14.99/unit  

breakeven = $112,425

8 0
3 years ago
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