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3 years ago

Forest Components makes aircraft parts. The following transactions occurred in July.

Business

1 answer:

rjkz [21]3 years ago

4 0

Answer and Explanation:

Answer and explanation attached

Beginning raw materials = ending raw materials +raw materials for production+issued raw materials- raw materials purchased -raw materials returned from production= $79800

Cost of goods manufactured =ending finished goods+cost of goods sold -beginning finished goods= $553000

Beginning work in progress inventory=

Ending work in progress + cost of goods manufactured + materials returned - manufacturing overhead applied- issued raw materials-direct labour wages =$105490

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During the Truman and Eisenhower administrations, corporate development in the United States:__________

Anastaziya [24]

The answer is discouraged by government

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3 years ago

Before coming to trial, sam was assigned a public defender, was informed of the charges, and was given a chance to review the ev

andreyandreev [35.5K]

Procedural justice.

All the above activities are part of procedural justice which entails ensuring that there is fairness in the processes that resolve disputes particularly in regard to legal proceedings in criminal justice. The aim of procedural justice is to ensure a fair trial.

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3 years ago

An online recruiting website offers business customers up to 25 job postings per year costing $75 each. If a company posted 15 j

DaniilM [7]

Answer:

$1,035

Explanation:

Each job costs $75

Job posted 15 jobs

Total income = $1,125. ($75X$15)

8% sales tax =$90 (0.08 x $ 1, 125)

Total cost= $ 1,123- $90

=$1,035

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3 years ago

Ouzts Corporation is considering Alternative A and Alternative B. Costs associated with the alternatives are listed below: Alter

Kay [80]

Answer:

The alternative B has financial advantage of $21,700 over Alternative A

Explanation:

By comparing the two alternatives, we get to know the difference which is shown below:

Material cost = Alternative B - Alternative A

= $56,200 - $42,000

= $14,200

Occupancy cost = Alternative B - Alternative A

= $22,600 - $15,100

= $7,500

Total cost = Difference of material cost + difference of occupancy cost

= $14,200 + $7,500

= $21,700

The other cost like processing and equipment rental is same in both the alternatives. So, these costs are not considered.

Since the amount has come in positive which mean the alternative B has a financial advantage of $21,700 over Alternative A.

7 0

3 years ago

The Johnson Materials Inc. has an EBIT of $3,500,000. Its Times Interest Earned (TIE) ratio is 5, Profit Margin is 16% and the t

Margarita [4]

Answer and Explanation:

The computation of missing amounts is shown below:-

As we know that

Times Interest Earned Ratio = EBIT ÷ Interest Expense

So it can be write as

Interest Expense = EBIT ÷ Times Interest Earned Ratio

= $3,500,000 ÷ 5

= $700,000

Now

EBT is

= EBIT - Interest Expense

= $3,500,000 - $700,000

= $2,800,000

Now

Tax = 35% of EBT

= 0.35 × $2,800,000

= $980,000

After that

Net Income is

= Earning Before Tax - Tax

= $2,800,000 - 980,000

= $1,820,000

Also,

Profit Margin = Net Income ÷ Sales

So it can be written as

Sales = Net Income ÷ Profit Margin

= $1,820,000 ÷ 16%

= $11,375,000

And,

EBITDA = Sales - Cost of Goods Sold

= $11,375,000 - $6,000,000

= $5,375,000

Now

EBIT = EBITDA - Depreciation & Amortization

So, it can be written as

Depreciation & Amortization = EBITDA - EBIT

= $5,375,000 - $3,500,000

= $1,875,000

5 0

3 years ago