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antoniya [11.8K]
3 years ago
11

Understanding the Resource Allocation Process (RAP) will have large effects on shaping a firm'srealized strategy. Which of the f

ollowing is an example of such an allocation of resources?
A. Starbucks' launch of iced drinks
B. Teach For America's mission statement
C. Merck's voluntary withdrawal of Vioxx from the market
D. Intel's rule to "maximize margin-per-wafer-start"
Business
1 answer:
vfiekz [6]3 years ago
4 0

Answer:

The correct answer is D Intel's rule to "maximize margin-per-wafer-start"

Explanation:

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On December 31, 2020, Buffalo Company signed a $1,278,400 note to Carla Bank. The market interest rate at that time was 10%. The
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Answer:

Explanation:

The detailed steps and calculation is as shown in the attached files.

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3 years ago
Jackson Company produces plastic that is used for injection-molding applications such as gears for small motors. In 2016, the fi
valentina_108 [34]

Answer:

a.Income Statement using variable costing

                                                                     2016                 2017

Sales                                                     $7,872,000      $9,840,000

Less Cost of Sales                              ($1,338,240)      ($1,672,800)

Opening Stock                                     <em>        $0         </em>      <em> $334,560</em>

Add Cost of Goods Manufactured      <em>$1,672,800 </em>      <em>$1,338,240</em>

Less Closing Stock                              <em> ($334,560) </em>         <em>     $0</em>

Contribution                                        $6,533,760       $8,167,200

Less Expenses :

Fixed manufacturing costs                ($3,075,000)     ($3,075,000)

Selling Expenses : Variable                  ($862,920)      ($1,082,400)

Selling Expenses : Fixed                       ($500,000)       ($500,000)

Net Income / (loss)                               $2,095,840       $3,509,800

b.Income Statement using  absorption costing

                                                                     2016                 2017

Sales                                                     $7,872,000      $9,840,000

Less Cost of Sales                              ($3,798,240)      ($5,362,800)

Opening Stock                                     <em>        $0         </em>      <em> $949,560</em>

Add Cost of Goods Manufactured      <em>$4,747,800 </em>      <em>$4,413,240</em>

Less Closing Stock                              <em> ($949,560) </em>         <em>     $0</em>

Gross Profit                                           $4,073,760          $4,477,200

Less Expenses :

Selling Expenses : Variable                  ($862,920)      ($1,082,400)

Selling Expenses : Fixed                       ($500,000)       ($500,000)

Net Income / (loss)                                 $2,710,840       $2,894,800

c. Reconciliation of Absorption costing Net Income to variable costing profit

                                                                                   2016                      2017

Absorption Costing Net Income                           $2,710,840       $2,894,800

Fixed Manufacturing  Cost in Opening Stock             $0                $615,000

Fixed Manufacturing Cost in Closing Stock         ($615,000)               $0

Variable Costing Net Income                               $2,095,840       $3,509,800

Explanation:

Part a.

Under Variable Costing, Only Variable Manufacturing Costs are treated as Product costs. Fixed Manufacturing costs and All Non-Manufacturing Costs are treated as period costs.

Part b

Under Absorption Costing, Both Variable Manufacturing Costs  and  Fixed Manufacturing costs are treated as Product costs. All Non-Manufacturing Costs are treated as period costs.

Part c.

The difference between the Net Income under Absorption Costing and Variable Costing is due to Fixed Manufacturing Costs that are deferred in Inventory. This needs to be reconciled accordingly.

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3 years ago
What type of company is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees
morpeh [17]

The type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employee is:

  • all companies that have more than a single owner.

<h3>What is Code of Ethics?</h3>

This refers to the guidelines about the way a group of people should behave in a social group or official setting.

With that in mind, we can see that the type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees is one which has more than one owner.

Read more about code of ethics here:
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6 0
2 years ago
Robbie veath brings together buyers and sellers of used heavy construction equipment, and helps them negotiate the terms of the
Alexandra [31]

Answer:

The answer is broker.

Explanation:

Broker refers to someone who function as an intermediary between a buyer and a seller. This person also helps negotiate the price between the two parties. It is clear that Robbie plays this part between the buyer and seller of heavy construction equipment. Robbie does not own the product nor does he provide any financing – which is a condition of being a broker.

5 0
3 years ago
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