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Olin [163]
2 years ago
6

Maize Company incurs a cost of $34 per unit, of which $21 is variable, to make a product that normally sells for $59. A foreign

wholesaler offers to buy 6,600 units at $30 each. Maize will incur additional costs of $1 per unit to imprint a logo and to pay for shipping. Compute the increase or decrease in net income Maize will realize by accepting the special order, assuming Maize has sufficient excess operating capacity. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Reject Accept Net Income Increase (Decrease) Revenues $ $ $ Costs Net income $ $ $ g
Business
1 answer:
Murrr4er [49]2 years ago
3 0

Answer:

$52,800

Explanation:

The computation of the increase or decrease in net income is shown below:

Particulars         Reject            Accept        net income or decrease

Revenue

(6,000 × $30)                          $198,000    $198,000

Less:

Cost

($6,600 × ($21 + $1)              $145,200     -$145,200

Net                                        $52,800       $52,800

Since the amount comes in positive so the spcial order should be accepted

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Marks Consulting purchased equipment costing $45,000 on January 1, Year 1. The equipment is estimated to have a salvage value of
Tasya [4]

Answer:

B) Debit to accumulated depreciation for $22,500.

Explanation:

As for the information provided,

Depreciation under straight line method for each year = ($45,000 - $5,000)/8 = $5,000 for each year.

Depreciation for 4 years = $5,000 \times 4 = $20,000

Depreciation in 5th year for 6 months = $5,000/2 = $2,500

Total depreciation till 1 July Year 5 = $20,000 + $2,500 = $22,500

Carrying value of equipment in books as on date of sale = $45,000 - $22,500 = $22,500

Sale price = $20,000

Profit or loss on sale of equipment = $20,000 - $22,500 = - $2,500

So therefore, there is loss of $2,500

Thus, option c and option d are invalid.

Further cash received on sale is debited and not credited thus, option a is also invalid.

As the total accumulated depreciation = $22,500

The correct entry will include debit to accumulated depreciation of $22,500.

Thus, option b is correct.

6 0
3 years ago
Restaurant A uses 60 bags of tomatoes each month. The tomatoes are purchased from a supplier for a price of $80 per bag and an o
ch4aika [34]

Answer:

Explanation:

D = 60 bags

cost = 80 / bag

s = 20 / order

h = 40% of cost

     0.4 * 80 / 100

h= 32 unit/year

D =  d * 12 months

D = 60 * 12

D = 720 bags / year

EOQ = \sqrt{2DS/H}

EOQ = \sqrt{2 *720*20/32}

EOQ = 30 bags

Total cost =  Total holding cost + total ordering cost

Total holding cost  = (Q/2 * H) = (30/2 * 32) = 480

Total ordering cost =  (D/Q * 20) = (720/30 *20) = 480

Total cost = 480 + 480 = 960

Total purchasing cost  = cost * D = 80 * 720 = 57.600

Percentage= total cost  / total purchasing cost  * 100

960 / 57.600 * 100

1.67 %

6 0
3 years ago
two sustainable ways in which businesses could assist the schools to ensure that school leavers are better prepared for the work
Ainat [17]
They could provide internships towards graduates to allow them to acquire working experience.
They could also provide training to help graduates have an understanding of what they are expected of in the workplace.
7 0
2 years ago
Hayley, a restaurant manager, has been observing and analyzing the work process of the cooks, servers, and bussers because she w
zvonat [6]

Answer:

scientific

Explanation:

This discipline is a way of seeing business. What Hayley is applying is a mathematical evaluation in the administration processes, in order to discover the failures produced during the performance of the administration and from there, outline solutions that optimize the restaurant's performance for its new advances.

8 0
3 years ago
Approximately ________ % of the U.S. labor force is employed in service industries.a. 10b. 25c. 40 d. 60e. 80
GenaCL600 [577]

Answer:

The correct answer is letter "E": 80.

Explanation:

According to the U.S. Bureau of Labor Statistics (<em>BLS</em>) by the end of the second quarter in 2019 over 107 million workers -around 80% of the total American labor force- were engaged in the private service industry. The most important sectors related were <em>transportation, utilities, education, health care, professional, </em>and <em>business services</em>.

6 0
2 years ago
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