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Bad White [126]
4 years ago
14

Ncome statement data for Winthrop Company for two recent years ended December 31 are as follows: Current Year Previous Year

Business
1 answer:
AnnyKZ [126]4 years ago
6 0

Answer:

Answer is attached in the excel file.

Explanation:

Sales have increased by 280,000 in the current year which shows a difference of 14%, this seems to be result of increased no of units sold or selling price increase.

The Cost of Goods sold is increased by 210,000 which makes 12% difference. This is 2% less than rise in sales which means the increase in sales is due to selling price increase.

As a result of this Gross Profit has also increased by 70,000 which is 28% rise.

Selling expense increased by 25% which is due to increased marketing of the product which increased sales.

Admin expense increased by 22%, might be due to increase in salary expense of the staff.

Income before Income tax is increased by 66%, Income tax is increased by 66% and also Net Income increased by 66%.

Download xlsx
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Explain how abstraction allows for the creation of increasingly complex systems. reference top-down design strategy in your resp
Nesterboy [21]
Answer:  
A general understanding that abstraction allows programmers to hide details By hiding details, programmers are able to work with complex systems in small pieces without having to pay attention to every detail at once An explanation of how top down design implements abstraction 
Example:  
Through the use of abstraction, a programmer is able to take one large idea, and break it down into smaller pieces. In the context of top-down design, this means that the programmer can create one function that is made up of a set of smaller sub functions. After determining the details of those sub functions, the programmer no longer needs to take into account how they work, knowing that they will work in when called. For example when drawing a snowflake, the programmer may use top down design to split it into separate branches. Each of those branches may have sub functions that determine the detail to be repeated. This allows programmers to develop complex systems while managing complexity at multiple levels of abstraction. 
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 A. Event-driven programs do not implement algorithms.
 B. Some portions of an event-driven program may never execute while the program is running.
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4 0
3 years ago
Product ABC has a contribution margin per unit of $10.00. Each unit of ABC requires 5 minutes of machine time. Product XYZ has a
lys-0071 [83]

Answer:

Product ABC

Explanation:

Calculation to determine the maximize profit, they should first fill the demand for if the company's constraint is machine hours.

Product ABC's CM per unit= $10/5 minutes

Product ABC's CM per unit=$2 per minute of machine time

Product XYZ's CM per unit=$15/10 minutes

Product XYZ's CM per unit= $1.50 per minute of machine time

Therefore If the company's constraint is machine hours, to maximize profit, they should first fill the demand for PRODUCT ABC because it has the HIGHEST CM PER UNIT.

6 0
3 years ago
True or false: Underapplied or overapplied overhead occurs because overhead is applied to jobs using a predetermined rate based
Masteriza [31]

There are different kinds of rules. Underapplied or overapplied overhead occurs because overhead is applied to jobs using a predetermined rate is a true statement.

<h3>What is Underapplied overhead?</h3>

This is known too be when the amount of a specific OH applied is said to be less than full amount of actual MOH for that specific period.

Overapplied overhead is known to be when the amount of OH applied is said to be more than full amount of actual MOH for that specific period.

Learn more about overapplied overhead  from

brainly.com/question/4930275

3 0
3 years ago
If the sides market (betting on a team against the point spread) for NFL football betting is semi-strong form efficient, what do
Black_prince [1.1K]

Answer:

It means that sides market for NFL football betting which is semi strong form of efficient market hypothesis cannot utilize technical or fundamental analysis to earn higher gains since stocks have already adjusted with latest football information release.

Explanation:

Semi strong form of market is an aspect of Efficient Market Hypothesis which provides that security prices adjust rapidly to available public information.

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Semi strong form follows the belief that since all public information is used while arriving at a stock's current price, investors cannot utilize technical or fundamental analysis to earn higher returns.

4 0
3 years ago
The planning horizon is __________. ANSWER Unselected a field in the master schedule record that indicates the number of units t
HACTEHA [7]

Answer:

The correct option is "the amount of time the master schedule record or MRP record extends into the future"

Explanation:

The planning horizon is the amount of time an organization will look into the future when preparing a strategic plan. Many commercial companies use a five-year planning horizon, however a general Planning horizon is around one year. But other organizations such as the forestry commissions have to use a much longer planning horizon to form effective plans.

3 0
3 years ago
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