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sdas [7]
3 years ago
12

Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company’s management predicts that 6,1

00 skis and 7,100 pounds of carbon fiber will be in inventory on June 30 of the current year and that 161,000 skis will be sold during the next (third) quarter. A set of two skis sells for $410. Management wants to end the third quarter with 4,600 skis and 5,100 pounds of carbon fiber in inventory. Carbon fiber can be purchased for $10 per pound. Each ski requires 0.5 hours of direct labor at $15 per hour. Variable overhead is applied at the rate of $5 per direct labor hour. The company budgets fixed overhead of $1,793,000 for the quarter. Prepare the third-quarter production budget for skis.
Business
1 answer:
frutty [35]3 years ago
5 0

Answer:

Production for the third quarter   159,500

Explanation:

Sales for the period           161,000

Desired ending inventory    4,600

Total production needs     165,600

Beginning Inventory             (6,100)

Production for the third quarter   159,500

The sales for the period and the desired ending inventory are the total units we need for the quarted.

the beginning inventory reduces the production because are units we already have

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Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f
Nady [450]

Answer:

1. The margin for Alyeska Services Company: 27.37%

2. The turnover for Alyeska Services Company= 49.45%

3. The return on investment (ROI) for Alyeska Services Company = 13.54%

Explanation:

Please find the below for detailed explanations and calculations:

1. The margin for Alyeska Services Company = Net operating income / Sales = 4,900,000/17,900,000 = 27,37%;

2. The turnover for Alyeska Services Company= Sales / Average operating income = 17,900,000/36,200,000 =  49.45%;

3. The return on investment (ROI) for Alyeska Services Company = Net operating income/Average operating income= 4,900,000/36,200,000=  13.54%

7 0
3 years ago
Gilbert's expects its September sales to be 20% higher than its August sales of $150,000. Manufacturing costs were $100,000 in A
sveticcg [70]

Answer:

$61,500.

Explanation:

Given that,

Beginning cash balance on September 1 = $7,500

Cash receipts from credit sales made in August:

= $150,000 × 70%

= $105,000

Cash receipts from credit sales made in September:

= ($150,000 × 1.20) × 30%

= $54,000

Cash disbursements from purchases made in August:

= $100,000 × 75%

= $75,000

Cash disbursements from purchases made in September:

= $120,000 × 25%

= $30,000

Ending cash balance September 30:

= Beginning cash balance + Cash receipts from credit sales made in August + Cash receipts from credit sales made in September - Cash disbursements from purchases made in August - Cash disbursements from purchases made in September

= $7,500  + $105,000  + $54,000  - $75,000  -  $30,000

= $61,500.

6 0
3 years ago
The following information pertains to the West Division of Burger Company:
GenaCL600 [577]

Answer:

D) $4,550

Explanation:

Contribution margin = Net Sales - Total Variable cost

Net sales                             $6,000

Les: Variable costs:

Cost of merchandise sold  $1,000

Operating expenses          <u> $450  </u>

Contribution Margin            $4,550

All other costs are fixed cost which are not used in contribution margin calculation.

So the correct answer is D) $4,550.

3 0
3 years ago
Identify which of the following microeconomic topics can have an impact on macroeconomic topics?
Anestetic [448]

Answer: B. How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means?

Explanation:

It should be noted that microeconomics has to do with studying of economic agents like the individuals and the firms and how their decision affects the society while macroeconomics deals with the whole economy.

The microeconomic topics can have an impact on macroeconomic topics is option B "How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means".

This is because savings and expenditure have an impact on the economy had whole and this can lead to certain decisions to be taken by the government.

8 0
3 years ago
Complete the below table to calculate the price of a 1.7 million bond issue under each of the following independent assumptions:
Ilya [14]

Full question attached

Answer and Explanation:

Answer and explanation attached

5 0
3 years ago
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