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3 years ago

Classify the following item as belonging in the revenue, expenditure, human resources/payroll, production, or financing cycle:

Business

1 answer:

Semmy [17]3 years ago

6 0

Answer:

d. Establish a $10,000 credit limit for a new customer

s. Collect payments on customer accounts

r. Sell a DVD player

l. Sell concert tickets

a. Purchase raw materials

e. Pay for raw materials

o. Pay utility bills

Expenditure

c. Hire a new assistant controller

f. Disburse payroll checks to factory workers

k. Record factory employee timecards

n. Send new employees to a business ethics course

q. Pay federal payroll taxes

u. Pay sales commissions

Human Resources/Payroll

g. Record goods received from a vendor

j. Complete a picking ticket for a customer order

i. Decide how many units to make next month

v. Send an order to a vendor

w. Put purchased goods into the warehouse

Production

b. Pay off mortgage on a factory

h. Update the allowance for doubtful accounts

m. Draw on line of credit

p. Pay property taxes on an office building

t. Obtain a bank loan

Financial Cycle

Explanation:

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The Skagit Company manufactures Hooks and Nooks. The following shows the activities per product and total activity information:

gladu [14]

Answer:

Total factory overhead to be charged to each unit of Hooks is $33

Explanation:

Sum of all Activity Cost = Total Factory Overhead

Calculate the total factory overhead to be charged to each unit of Hooks

Activity rate = Budgeted amount / Total of each activity base

∴ Activity Rate

For Setups = 60,000 / 20,000 = 3 per setup

For Inspections = 120,000 / 24,000 = 5 per inspections

For Assembly = 420,000 / 28,000 = 15 per dlh

Activity Cost = Activity base for each unit * Activity rate

∴ Activity Cost

For Setups = 1 x 3 = $3

For Inspections = 3 x 5 = $15

For Assembly = 1 x 15 = $15

Recall that;

Sum of all Activity Cost is the Total Factory Overhead

= $3 + $15 + $15

= $33

8 0

3 years ago

after you analyzed demand, you took steps to make sure your business made sense financially. How will thinking on the margin hel

svetlana [45]

Answer:

Thinking on the margin will ensure that each pair of inserts produced is turning a profit. Once a profit is no longer being made on a pair of inserts, production must be cut back. Understanding these margins will also help me stay competitive in a market that is open to other producers. If additional producers enter the market, I know that I have the ability to lower prices or offer discounts while still maximizing profits.

Explanation:

4 0

3 years ago

In its most recent financial statements, Del-Castillo Inc. reported $65 million of net income and $950 million of retained earni

tatiyna

Answer:

$52,000,000

Explanation:

The computation of the dividend paid to the shareholders during the year is shown below:

As we know that

Ending retained earnings balance = Opening retained earning balance + net profit of the year - dividend paid

$950 million = $937 million + $65 million - dividend paid

$950 million = $1,002 million - dividend paid

So, the dividend paid is

= $1,002 million - $950 million

= $52,000,000

5 0

3 years ago

Which of the following best describes business impact analysis?

fgiga [73]

Sh
Zsymystsgmsggmsmssgmgs

7 0

3 years ago

An automobile final assembly plant is being planned for an annual production of 150,000 cars. The plant will operate one shift,

Sergio [31]

Answer:

a. Rp= 10.0hr

b. Tc= 1052 workers

c. n= 421 workstations

Explanation:

(a) Rp= Da/250Hsh. Rearranging, Hsh= Da/250Rp= 150,000/250(60) = 10.0 hr

(b) Tc= 60E/Rp= 60(0.95)/60 = 0.95 minTs= Tc– Tr= 0.95 – 0.10 = 0.85 minw= Min Int 14.0(60)/0.85(0.94) = 1051.3 rounded up to 1052 workers

3 0

3 years ago