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3 years ago

To respond to the structure of its industry, an organization should choose a __________.

Business

1 answer:

Usimov [2.4K]3 years ago

8 0

To respond to the structure of its industry, an organization should choose a __________.

Competitive strategy

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Cemptex Corporation prepares its statement of cash flows using the indirect method to report operating activities. Net income fo

tankabanditka [31]

Answer:

$726,100

Explanation:

Preparation of the operating activities section of the 2021 statement of cash flows.

Cash Flow from Operating Activities

Net Income $634,000

Adjustments:

Depreciation and amortization $89,000

Changes in operating asset and liabilities

Decrease in Account receivable $24,000

Increase in Inventory $ (9,400)

Increase in Prepaid expenses $ (8,700)

Increase in Salaries payable $10,200

Decrease in Income tax payable $ (13,000)

Operating activities $726,100

Therefore the operating activities section of the 2021 statement of cash flows will be $726,100

6 0

3 years ago

The semiconductor business of the California Microtech Corporation qualifies as a component of the entity according to GAAP. The

Mazyrski [523]

Answer:

$1,650,000

Explanation:

Preparation of the lower portion of the 2021 income statement .

2021 Income from continuing operations before income taxes5,800,000

Income tax expense(1,450,000)

($5,800,000 × 25 %)

Income from continuing operations4,350,000

Discontinued operations:

Loss from operations of discontinued component(3,600,000)

Income tax benefit 900,000

(25*3,600,000)

Loss on discontinued operations(2,700,000)

Net income$1,650,000

(4,350,000-2,700,000)

Therefore the the lower portion of the 2021 income statement is $1,650,000

5 0

3 years ago

Vintage Fun reproduces old-fashioned style roller skates and skateboards. The annual production and sales of roller skates is 1,

Vesna [10]

Answer:

D. $33.47

Explanation:

The computation of overhead cost per skateboard using an activity-based costing system is shown below:-

Total Expected Activity

Activity pool cost Overheads Activity Rate

Setup cost $6,550 665 9.85

Engineering cost $16,000 1,120 14.29

maintenance cost $91,450 4,353 21.01

Activity pool cost Rate Driver Overhead cost

Setup cost 9.85 320 3,152

Engineering cost 14.29 630 9,002.7

maintenance cost 21.01 2,178 45,759.78

Total Overheads cost 57,914.48

Number of units 1,730

Overhead cost per unit $33.48

Therefore for computing the overhead cost per unit we simply divide the total overhead cost by number of units.

8 0

3 years ago

The manufacturing cost of Calico Industries for three months of the year are provided below. Total Cost Production (units) April

elena55 [62]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Total Cost Production (units)

April $119,400 281,300

May 92,000 162,800

June 99,000 238,000

To calculate the variable cost per unit and the total fixed cost, we need to use the following formula:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (119,400 - 92,000) / (281,300 - 162,800)

Variable cost per unit= $0.231

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 119,400 - (0.231*281,300)

Fixed costs= $54,701

7 0

3 years ago

Shen spends $200 to purchase legal service from Rowan and Martin Associates. Valerie spends $8 to order a mojito cocktail. Shen

Vladimir [108]

Answer:

(1) Shen spends $200 to purchase legal service from Rowan and Martin. Associates - Dollars

(2) Valerie spends $8 to order a mojito cocktail - Dollars.

(3) Shen earns $375 per week working for Little Havana - Inputs.

Explanation:

(1) & (2) statements in the "Answer" above are purchase on cash transactions. Hence, they imply the flow of dollars from the household to the firm.

(3) statement in the "Answer" above implies giving of factor input labor services by Shen to Little Havana. Hence, it indicates the flow of inputs from the household to the firm.

4 0

3 years ago