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3 years ago

Determine the total cost for this plan given the following forecast:

Business

1 answer:

goblinko [34]3 years ago

3 0

Answer:

Month

1 2 3 4 5 6

Units

Forecasted Demand 380 400 420 440 460 480

Regular Production 400 400 400 400 400 400

Overtime 0 0 0 40 40 40

Subcontracting 0 0 0 0 20 40

Inventory at end of month 20 20 0 0 0 0

Cost

Regular Production $10,000 $10,000 $10,000 $10,000 $10,000 $10,000

Overtime production cost $0 0 $0 $1,600 $1,600 $1,600

Subcontract cost $0 0 $0 $0 $1,200 $2,400

Inventory holding cost $300 $300 $0 $0 $0 $0

Total Cost $69,000

Explanation:

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Using the interest formula, compute the interest and maturity values for each of the following notes: Principal Interest Term Ra

Ad libitum [116K]

Answer:

The answer is:

A: I=$76,67 MV=$4076,67

B: I=$293,75 MV=$10293,75

C: I=$138,125 MV=$6638,125

D: I=$36,75 MV=$936,75

Explanation:

Notes are often a key component of how a business finances its operations. For purposes of accounting, it's important to be able to calculate the maturity value of a note to know how much a business will have to pay or receive when the note comes due.

In general, notes are a form of short-term commercial financing. The maturity value is the amount of money that the company would receive when the note comes due.

When you know the principal amount, the rate, and the time, the amount of interest can be calculated by using the formula:

I = P*r*t

I= Total interest

P= principal

r= interest rate

t= time

To calculate the Maturity Value you need to sum the principal to the total interest accumulated over time.

Maturity Value= Principal + Interest

In this exercise:

A:

Principal: $4000 r=11,5% t=60 days

I=4000*0,115*(60/360)= $76,67

Maturity Value= 4000 + 76,67= $4076,67

B:

Principal: $10,000 r=11.75% t=90 days

I=10000*0,1175*(90/360)= $293,75

Maturity Value= 10000+ 293,75= $10293,75

C:

Principal= $6,500 r=12.75% time=60 days

I=6500*0,1275*(60/360)= $138,125

Maturity Value= 6500+ 138,125= $6638,125

D:

Principal= $900 r= 12.25% time=120 days

I=900*0,1225*(120/360)= $36,75

Maturity Value= 900+ 36,75= $936,75

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3 years ago

Moonbow, inc., has a highly formalized structure with extensive rules, procedures, policies, and instructions. positions are arr

kirill115 [55]

Bureaucratic.

A bureaucracy is an organization with a pyramid structure meaning most of the power is with a very small group at the top, and there is a high level of organization and order through out all the various levels.

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3 years ago

Homeko, Inc. is located in the U.S., but it has subsidiaries in Germany. When the euro appreciates relative to the U.S. dollar,

Debora [2.8K]

Answer:

A. When there is net asset exposure, the translation adjustment will be positive.

Explanation:

correct answer is When there is net asset exposure, the translation adjustment will be positive. because

When there is a net asset risk, the translation adjustment is positive.

The euro has an exchange advantage rather than a dollar versus the dollar. So with a net asset risk, the translation adjustment is positive

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3 years ago

TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaste

vazorg [7]

Answer:

efficiency variance $24,000.00 FAVORABLE

Explanation:

$(standard \: Q-actual \: Q) \times standard \: cost = DM \: efficiency \: variance$

std quantity 147,000.00 (7 pounds per unit x 21,000 units)

actual quantity 132000.00

std cost $1.60

difference 15,000.00

efficiency variance $24,000.00

The diference is positive so the variance is favorable.

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3 years ago

Under the transactions approach used in financial accounting, every transaction has a single effect upon each party engaging in

Leni [432]

Answer:

Under the transactions approach used in financial accounting, every transaction has a single effect upon each party engaging in it.

b. False

Explanation:

Every transaction has double effect upon each party that is engaged in it. Instead, a business records each transaction to show that it affects the accounting equation of assets = liabilities + equity. This implies that every transaction that occurs must have an effect on the asset side and the liabilities + equity side. While one account will be receiving value, another account will be giving out the value for the same transaction. This effect helps to keep the equation in balance at all times.

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3 years ago