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vazorg [7]
3 years ago
15

One of the best ways to overcome fear is to know what happens in a typical interview

Business
1 answer:
docker41 [41]3 years ago
8 0

Answer:true

Explanation:

You might be interested in
Camper's Edge Factory produces two products: canopies and tents. The total factory overhead is budgeted at $750,000 for the year
Pavel [41]

Answer:

Camper's Edge Factory

Departments                                  Cutting             Sewing

a. The total number of budgeted

   direct labor hours for the year  60,000            70,000

b. Products                                     Canopy          Tent

   Factory overhead per unit         $17.50            $40

Explanation:

a) Data and Calculations:

Total budgeted factory overhead = $750,000

                                               Canopy        Tent     Total

Direct labor hours  

Cutting                                       2                     1         3

Sewing                                       1                     6         7

Total direct labor hours            3                    7

Budgeted production units 20,000          10,000

Departments                              Cutting                        Sewing

Budgeted factory overhead  $350,000                     $400,000

Direct labor hours:

Canopy                                  40,000 (20,000 * 2)          10,000 (10,000 * 1)

Tent                                       20,000 (20,000 * 1)          60,000 (10,000 * 6)

Total direct labor hours        60,000                              70,000

Overhead allocation rates     $5.833                               $5.714

                         ($350,000/60,000)                              ($400,000/70,000)

Overhead per unit              $17.50 ($5.833 * 3)            $40 ($5.714 * 7)

               

5 0
2 years ago
Belmain Co. expects to maintain the same inventories at the end of 20Y7 as at the beginning of the year. The total of all produc
Pavlova-9 [17]

Answer:

<u><em>Part a </em></u>

<u>Belmain Co.</u>

<u>Estimated Income statement for the year ended 2017.</u>

Sales ($240 x 12,000)                                                               $2,880,000

<u>Less Variable Costs :</u>

Direct Materials ($50.00 x 12,000)                                           ($600,000)

Direct Labor ($30.00 x 12,000)                                                 ($360,000)

Factory Overheads ($6.00 x 12,000)                                          ($72,000)

Sales Salaries and Commissions ( $4.00 x 12,000)                  ($48,000)

Miscellaneous selling expenses ( $1.00 x 12,000)                     ($12,000)

Supplies ($4.00 x 12,000)                                                           ($48,000)

Miscellaneous administrative expenses ($1.00 x 12,000)         ($12,000)

Contribution                                                                               $1,728,000

<u>Less Fixed Expenses :</u>

Factory overhead                                                                     ($350,000)

Sales salaries and commissions                                             ($340,000)

Advertising                                                                                 ($116,000)

Travel                                                                                            ($4,000)

Miscellaneous selling expense                                                   ($2,300)

Office and officers’ salaries                                                    ($325,000)

Supplies                                                                                        ($6,000)

Miscellaneous administrative expense                                      ($8,700)

Net Income ( Loss)                                                                     $576,000

<u><em>Part b</em></u>

0.6 or 60 %

<u><em>Part c</em></u>

Break-even sales (units) = 8,000

Break-even sales (dollars) = $1,920,000

<u><em>Part d</em></u>

<em>See attachment </em>

<u><em>Part e</em></u>

Margin of safety in dollars  =    $960,000

Margin of safety in percentage  =  33.3 %

<em><u>Part f</u></em>

Operating Leverage = 3.00

Explanation:

<u>Income Statement :</u>

<em>Sales - Expenses = Income</em>

Note : I have separated Variable and Fixed Expenses

<u>Contribution Margin ratio :</u>

<em>Contribution Margin ratio = Contribution ÷ Sales</em>

                                          =  $1,728,000  ÷  $2,880,000

                                          = 0.6 or 60 %

<u>Break-even sales ( units and dollars) :</u>

<em>Break-even sales (units) = Fixed Costs ÷ Contribution per unit</em>

                                        = $1,152,000 ÷ $144.00

                                        = 8,000

<em>Break-even sales (dollars) = Fixed Costs ÷ Contribution margin ratio</em>

                                            = $1,152,000 ÷ 0.60

                                            = $1,920,000

<u>Margin of safety in dollars and as a percentage of sales :</u>

<u />

<em>Margin of safety in dollars  = Expected Sales (dollars) - Break-even sales (dollars)</em>

                                             =  $2,880,000 - $1,920,000

                                             =   $960,000

<em>Margin of safety in %       = (Expected Sales  - Break-even sales ) ÷ Expected Sales</em>

                                             = $960,000 ÷ $2,880,000

                                             = 33.3 %

<u>Operating leverage</u>

<em>Operating Leverage = Contribution ÷ Earnings Before Interest and Tax</em>

                                  =  $1,728,000 ÷ $576,000

                                  = 3.00

3 0
2 years ago
Bill has been adding funds to his investment account each year for the past 3 years. He started with an initial investment of $1
Nookie1986 [14]

Answer:

2.96% will be effective rate of the investment

Explanation:

First year:

1,000 x 1 + 10%) = 1,100

<em><u>Second year: </u></em>

1,100 + 3,000 = 4,100 invesmtent balance

4,100 x (1  - 5%) = 3,895

<em><u>Third year:</u></em>

3,895 + 2,000 = 5,895

5,895 x (1 + 2%) = 6012.9

<em><u>Fourth year:</u></em>

6012.9 + 500 = 6512.9

6,512.9 x (1+ 8%)  =  7033.932

We calcualte rate that is equivalent with the following cash flow:

1,000 (1+r)^4 + 3,000  (1+r)^3 +  2,000(1+r)^2 +  500(1+r) = 7,033.93

We solve using excel goal seek

0.029646151

6 0
3 years ago
What is public relations crisis?
Dmitrij [34]

Answer:

means leadership media and sales training experts based on aviation crm and award winning.

4 0
3 years ago
Direct Materials, Direct Labor, and Factory Overhead identify the following costs as direct materials, direct labor, or factory
Alexeev081 [22]

Answer:

a. Staples used to bind magazines - <u><em>Direct Material</em></u>

The staples are integral to holding the magazines so is a direct material.

b. Wages of printing machine employees. - <em><u>Direct Labor</u></em>

The printing machine employees are directly related to the magazine's production as they print it.

c. Maintenance on printing machines. -<em><u> Factory Overhead</u></em>

This cost is not directly associated with the publishing of the magazine so is an overhead.

d. Paper used in the magazine. -<em><u>Direct Material</u></em>

Without paper, the magazine can not be published which makes it a direct material.

6 0
3 years ago
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