Changing the manufacturing process to a new type of technology is a management decision. For example, a drilling company bid on a contract at a mine I is worked at and obtained the specs that we needed to do the job successfully ie for the drill configuration. Consequently, their manager decided to remove the drill mast from the back of the drill truck and mount it on the side of the drill so the collar of the holes would not be too high for us to access and this was for horizontal drainhole drilling and it worked very well. This then represented a management decision. But it is well to remember that good suggestions for technical innovations often come from the hourly employees and when implemented can be very effective. Also, it is the hourly employees, in essence the workers that have to implement the management decisions and that takes much skill and hard work.
Answer:
$860,400
Explanation:
Cholla, Inc.’s
Cost of goods sold = Beginning inventory + Purchases − Ending inventory
Purchases = Cost of Goods Sold − Beginning Inventory + Ending Inventory
Cost of Goods Sold $801,000
Less Beginning Inventory ($77,400 )
$723,600
Add Ending Inventory $ 136,800
Amount of inventory purchased $860,400
Therefore the amount of inventory that was purchased during the year was $860,400.
Mean while the consignment inventory is not owned by the company and is not as well considered in the Cost of Goods Sold equation.
Answer:
Answer is given below.
Explanation:
Preferred stock yield = dividend/ stock price
a) dividend =$1.81 , stock price =$30
Preferred stock yield = $1.81/$30= 6.033%
b) dividend =$1.81 , stock price =$25
Preferred stock yield = $1.81/$25=7.24 %
Answer:
b. direct materials cost
Explanation: The cost of production of a product is determined by the sum of different factors needed for the production, these factors include direct and indirect labor force cost, amortized costs of the machinery and supplies. the depreciation of the machinery on factory equipment depends on the lifetime of the machinery, not in the daily use of the same equipment. in that case, it does not vary according to the units produced.
The property taxes on factory buildings are applied to the total properties belonged by the company, it is not affected by the production levels.
The salary of a production supervisor is a constant cost that does not change per the production level, in this specific case, the supervisor is nor being paid per unit, so the payment will be the same every month.
In the case of direct materials cost, as the company is producing more products it is necessary to increase the supplies used for the specific product, as an example if you want to produce 20 dolls you will need 20 toy heads, but if you want to produce 50 dolls you will need 50 toy heads; in this case the cost of the materials varies according to the units that the company wants to produce
Answer:
$21.37
Explanation:
g = -5.4%
D0 = $3.93
D1 = D0 (1+g)
D1 = 3.93*(1-0.054)
D1 = 3.93*0.946
D1 = 3.71778
Investors require a return (ke) of 12%
P0 = D1/(ke - g)
P0 = 3.71778 / (12% - (-5.4%)
P0 = 3.71778 / (12% + 5.4%)
P0 = 3.71778 / 17.4%
P0 = 3.71778 / 0.174
P0 = 21.3665517
P0 = $21.37
So, the expected price of the stock next year is $21.37.
