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Serjik [45]
4 years ago
15

A manager at Donuts Galore needs to compute the target operating income to determine how many donuts would need to be sold to ea

rn a target income of $1,800, assuming a 20% tax rate. To earn a target net income of $1,800, what is the target operating income?a.$2,250b.$1,800.80c.$1,798.80d.$1,500
Business
1 answer:
liberstina [14]4 years ago
6 0
The answer would be a. $2,250. If you need an explanation of how I got this, just comment.
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During the month of June, Carney & Whitley Inc. had cost of goods manufactured of $123,200, direct materials cost of $57,200
Elodia [21]

Answer:

b) $ 7.700

Explanation:

The total inputs during the month were:

Direct materials                             $ 57,200

Direct Labor                                  $  40,700

Manufacturing Overhead             <u>$  28,600</u>

Total input for June                      $ 126,500

of which WIP Closing June 30    $(   11,000)

Cost of Goods manufactured     ----------------

from June input                           $  115,500           (1)

Since the total Cost of Goods

manufactured is                           $ 123,200           (2)

so the opening Work in

process is (2)-(1)                          $   7,700

 

7 0
4 years ago
You and your roommate are eating pizza and have already consumed all but the last slice. Your roommate claims that he is hungrie
kozerog [31]

Answer:

The correct answer is (B) An interpersonal utility comparison

Explanation:

Solution

Interpersonal utility comparison: refers to the summation of utility functions of different persons determined on the utility functions being comparable with each other; informally, individuals' choices must be evaluated with the same standard.

The ability to produce a social welfare function depends decisively on the ability to contrast utility functions.

In this case your roommate made an Interpersonal utility comparison.

6 0
3 years ago
Withdrawal of Finished Goods from stock for destructive testing:
lubasha [3.4K]

Answer:

Explanation:

Destructive testing is a quality affirmation procedure where a specimen of an item produced is subjected to a destructive physical analysis in order to understand its performance and behavior under different unfavorable conditions and situation . Examples are tension tests ,bend tests and pressure test.

It is always a last stage of a production procedure that occurs after the completion of production before storage.

For finished goods , destructive testing reflects the completion of goods and and the movements of the finished goods to storage.

5 0
4 years ago
Golden Eye Co., a hi-tech satellite company, has asked you to value the company for possible cross-listing in the U.S. The compa
EastWind [94]

Answer:

Explanation:

Let's first determine the free cash flow of the firm

Particulars                            Years

                          1                         2                   3

EBIT                  540                   680                750

<u>Tax at 36%    (0.36*540)       (0.36*680)        (0.36*750)    </u>

Less:               345.6                  435.2            480

Net Capital -

Spending            150                   170                 190

<u>Change in NWC    70                    75                  80      </u>

Less:                    125.6              190.2                210

The terminal value at the end of T =(3  years) is:

= \dfrac{Free \ cash \ flow}{unlevered \ cost - expected \ growth  \ rate}

= \dfrac{250}{0.1643-0.04}

= \dfrac{250}{0.1243}

= 2011.26

Finally, the value of the firm can be computed as follows:

Years                  Free Cash Flow        PVIF           PV

1                          125.6                        0.6589        107.88

2                         190.2                        0.7377         140.31

3                          210                           0.6336       133.06

<u>Terminal Value  2011.26                    0.6336        1294.33     </u>

<u>Value of the firm   ⇒                                               $1655.58</u>

5 0
3 years ago
The Raw Materials Inventory account had a beginning balance of $ 15000 and an ending balance of $ 20000. During the​ year, the c
natka813 [3]

Answer:

The Cost of Goods Manufactured for the year is $341,000

Explanation:

The computation the cost of goods manufactured is shown below:

= Beginning balance of work in process inventory + total manufacturing costs - ending balance of work in progress inventory

= $21,000 + $339,000 - $19,000

= $341,000

where,

Total manufacturing costs = direct materials cost + direct labor cost + manufacturing overhead cost

= $59,000 + $128,000 + $152,000

= $339,000

5 0
3 years ago
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