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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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1 - At the Montell Company, functions are divided into areas of specialization such as production, marketing, accounting, and fi

Sedbober [7]

At the Montell Company, since the functions are divided into areas of specialization such as production, marketing, accounting, and finance, it reflects Fayol's principle of <u>division of labor. </u>

Max Weber used the term <u>bureaucrats</u> to describe middle managers. Their job is usually to implement the orders that they get from top management.

It should be noted that division of labor is when the roles that'll be performed in an organization are divided into various departments. This is done in order to make the job easier and faster.

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7 0

3 years ago

Joe quits his computer programming job, where he was earning a salary of $65,000 per year, to start his own computer software

Verizon [17]

Answer:

The accounting cost and the economic cost associated with Joe's computer software business is $75,00 and the $165,000 respectively.

Explanation:

The computation of the accounting cost and the economic cost is shown below:

Accounting cost = Other Expenses + Salary paid to himself

= $35000 + $40,000

= $75,000

Economic cost = Accounting cost + Salary expense + Rent expenses

= $75,000 + $65,000 + $25,000

= $165,000

8 0

4 years ago

If during the year the portfolio manager sells all of the holdings of stock D and replaces it with 150,000 shares of stock E at

eimsori [14]

Answer:

The correct answer is 30.10%.

Explanation:

According to the scenario, the given data are as follows:

Stock A price = $30

Value of stock A = $30 × 210,000 = $6,300,000

Stock B price = $35

Value of stock B = $35 × 310,000 = $10,850,000

Stock C price = $10

Value of stock C = $10 × 410,000 = $4,100,000

Stock D price = $15

Value of stock D = $15 × 610,000 = $9,150,000

So, We can calculate the portfolio turnover rate by using following formula:

Portfolio turnover rate = Value of stocks sold or purchase / Market Value of Assets

Where, Market Value of Assets = Value of stock A + Value of stock B +Value of stock C + Value of stock D

= $6,300,000 + $10,850,000 + $4,100,000 + $9,150,000

= $30,400,000

And Value of stock sold = value of stock D = $9,150,000

So, by putting the following values in the formula:

= Turnover Rate = 9,150,000 / 30,400,000

= 30.10%

Hence, the portfolio turnover rate is 30.10%.

7 0

3 years ago

Jake Werkheiser decides to invest $5000 in an IRA at the end of each year for the next 12 years. If he makes these investments,

Oxana [17]

Answer:

Jake Werkheiser will have $170,322.48 at the end of 12 years.

Explanation:

We use the following formula to find the future value,

$S=R[\frac{(1+i)^n-1}{i}](1+i)$

S= future value

R= yearly payment =$5000

i= rate of interest = 9%=0.09

n =time =12 years.

Now putting the value of i, n, R

$S=5000[\frac{(1+0.09)^{12}-1}{0.09}](1+0.09)$

=$170,322.48

Jake Werkheiser will have $170,322.48 at the end of 12 years.

5 0

3 years ago

What is one way that the government cannot prevent a budget deficit?

Anna007 [38]

Answer:

The answer is Selling Stocks

3 0

3 years ago