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Georgia [21]
4 years ago
10

The following cost data pertain to the operations of Swestka Department Stores, Inc., for the month of July.Corporate headquarte

rs building lease $81,600Cosmetics Department sales commissions--Northridge Store $5,580Corporate legal office salaries $62,700Store manager's salary-Northridge Store $13,400Heating-Northridge Store $13,200Cosmetics Department cost of sales--Northridge Store $38,500Central warehouse lease cost $13,600Store security-Northridge Store $17,300Cosmetics Department manager's salary--Northridge Store $4,870The Northridge Store is just one of many stores owned and operated by the company. The Cosmetics Department is one of many departments at the Northridge Store. The central warehouse serves all of the company's stores.What is the total amount of the costs listed above that are NOT direct costs of the Northridge Store?
Business
1 answer:
Marta_Voda [28]4 years ago
7 0

Answer:

$157,900

Explanation:

Given all the costs,

Total amount of the costs that are not direct cost:

= Corporate headquarters building lease + Corporate legal office salaries + Central warehouse lease cost

= $81,600 + $62,700 + $13,600

= $157,900

Therefore, the total amount of the costs listed above that are NOT direct costs of the Northridge Store is $157,900.

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Shamrock Shades operates in mall kiosks throughout the southwestern United States. Shamrock purchases sunglasses from bulk disco
Dmitry [639]

Answer:

Particulars                Jan                  Feb                Mar

Purchase               $160,000       $200,000       $252,000

Explanation:

For computing the required purchase from Jan to Mar we need to find out the following amounts

Particulars                Jan                  Feb                Mar                  Apr

Projected sales    $380,000     $460,000        $620,000        $660,000

COGS  at 40%      $152,000      $184,000         $248,000        $264,000

Ending inventory   $46,000      $62,000          $66,000

Beg inventory        $38,000      $46,000           $62,000

Now the required purchased for each month is

Particulars                Jan                  Feb                Mar

COGS                    $152,000        $184,000        $248,000

Add: ending inve  $46,000         $62,000         $66,000

Less: Beg inve      ($38,000)       ($46,000)       ($62,000)

Purchase               $160,000       $200,000       $252,000

Here,

COGS = Cost of goods sold

Since the desired ending inventory is 25 percent of the following month’s cost of goods sold so beginning inventory would be 25 percent in current year cost of goods sold

6 0
3 years ago
44000 Assets and costs are proportional to sales. The company maintains a constant 30 percent dividend payout ratio and a consta
Minchanka [31]

Answer:

Maximum Dollar Increase = $10079.76

Explanation:

(See attachment for full question)

INCOME STATEMENT

Sales ---------- $67,000

Costs ---------- $43,800

EBIT ------------ $23,200

Taxes (34%) ----$7,888

Net income ------$15,312

BALANCE SHEET

Current Assets ------$31,000

Fixed Assets --------- $118,000

Total ------------------- $149,000

Long-term Debt -----$68,000

Equity ------------------- $81,000

Total ----------------- $149,000

Dividend Payout Ratio = 30%

Plowback Ratio is calculated by: 1 - Dividend Payout Ratio

Plowback Ratio = 1 - 30%

Plowback Ratio = 1 - 30/100

Plowback Ratio = 1 - 0.3

Plowback Ratio = 0.7

Plowback Ratio = 70/100

Plowback Ratio = 70%

Return on Equity (ROE) is calculated by: Net Income/Total Equity

Net Income = $15,132

Total Equity = $81,000

ROE = $15,132/$81,000

ROE = 0.186815

ROE = 18.68%

Calculating Sustainable Growth Rate (SGR)

SGR = (ROE * Plowback Ratio)/(1 - ROE * Plowback)

SGR = (0.186815 * 0.7)/( 1 - 0.186815 * 0.7)

SGR = (0.1307705)(1-0.1307705)

SGR = 0.1307705/0.8692295

SGR = 0.150444157728194

SGR = 0.1504

Max increase = (Sales * SGR)= ($67,000 * 0.1504)

Max Increase = $10079.75856778905

Max Increase = $10079.76

7 0
3 years ago
Throughout this course Dr. Jude has provided you with a variety of examples of the Presentation Zen approach to presentation des
Iteru [2.4K]

Answer:

b. Behavior modeling

Explanation:

Behaviour modeling is defined as a learning process where a person is shown how to do something and they are assisted to imitate the model shown.

In this type of model a person can learn through observation of the model. He now imitates what has been seen.

In the given scenario Dr. Jude has provided a variety of examples of the Presentation Zen approach to presentation design and delivery in action.

She designed her lectures/instructor commentaries using this approach and the DMP2 and DMP3 example projects also used the Presentation Zen approach. This is aimed at showing a model that should be imitated.

8 0
3 years ago
Logistics systems should be designed to achieve customer service goals while maintaining lowest possible financial investment in
shepuryov [24]

Logistics system should be designed to achieve customer service goals while maintaining lowest possible financial investment in inventory.

The main purpose of logistics system is to increase the experience of the customer  and to improve profits of the organization. Reducing the cost of inventory may add to the profits of the company.

Managing the inventory is an instinct part of the smooth running of businesses. Recognizing which and how much stock has to be ordered, is useful to continue the inventory levels and content the customers. Timely delivery of the product adds to the customer satisfaction.

To learn more about inventory here

brainly.com/question/15118949

#SPJ4

8 0
1 year ago
the​ risk-free rate is 3​% and you believe that the​ S&P 500's excess return will be 10​% over the next year. If you invest
horrorfan [7]

Answer:

The expected excess return will be 11.4%

Explanation:

The S&P 500's excess return is the market return (rM). Using the CAPM model or the SML approach, we can calculate the required/expected rate of return on the stock we are investing in.

The expected rate of return is,

r = rRF + β * (rM - rRF)

Thus, return on the invested stock will be:

r = 0.03 + 1.2 * (0.1 - 0.03)

r = 0.114 or 11.4%

7 0
3 years ago
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