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2 years ago

1. The following costs were incurred in September:

Business

1 answer:

Nata [24]2 years ago

3 0

Answer:

1) conversion costs = direct labor + manufacturing costs = $29,700 + $21,200 = $50,900

2) prime costs = direct labor + direct materials = $29,700 + $46,600 = $69,900

3) direct labor = 45% of conversion costs

conversion costs = direct labor + manufacturing overhead

manufacturing overhead = 55% of conversion costs

conversion costs = $80,300 / 55% = $146,000

direct labor = $146,000 - $80,300 = $65,700

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Which is NOT a type of planning used by management?

Mandarinka [93]

Answer:

B Deliberate

Explanation:

Planning involves thinking ahead of events. It entails preparing beforehand for future activities. Managers will engage in planning to ensure the business meets its objectives.

There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.

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2 years ago

In general terms, how would a change in investment opportunities affect the payout ratio under the residual payment policy?

adell [148]

Companies with residual dividend policies priorities paying capital expenditures out of earnings.

<h3>What is payout ratio?</h3>

The payout ratio, which is calculated as a percentage of the firm's total earnings, demonstrates the part of earnings that a company distributes to its shareholders in the form of dividends. By dividing the total dividends given out by the net income made, the computation is arrived at.

For dividend investors, the dividend payout ratio is a crucial indicator. It demonstrates how much of a company's earnings are distributed to investors. The higher that number, the less cash a corporation has left over to fund dividend growth and corporate expansion.

Companies with residual dividend policies priorities paying capital expenditures out of earnings. Any unused revenues are then used to pay dividends. Long-term debt and equity are often both parts of a company's capital structure.

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6 0

1 year ago

In 2016, Raleigh sold 1,000 units at $500 each, and earned net income of $40,000. Variable expenses were $300 per unit, and fixe

labwork [276]

Answer:

1,118 units.

Explanation:

The computation of number of units to be sold is shown below:-

For the Year 2016

Number of Units Sold = 1,000 units

Unit selling price = $500 per unit

Total Sales = $500 × 1,000 = $500,000

Variable Costs = $300 × 1,000

= $300,000

Contribution = $500,000 - $300,000

= $200,000

Fixed Costs = $160,000

Net Income = $200,000 - $160,000

= $40,000

For the Year 2017

Unit Selling Price = $500 per unit

Unit Variable Cost = $300 × 1.10

= $330 per unit

Contribution per unit = $500 - $330 = $170 per unit

Fixed Cost = $160,000 - $10,000 = $150,000

Now, to maintain the same income of $ 40,000 the Company have a total contribution

$150,000 + $40,000

= $190,000

Number of units to be sold = Total contribution ÷ Contribution per unit

= $190,000 ÷ $170

= 1,117.64

1,118 units.

4 0

3 years ago

The benefits for employees who develop high-quality leader-member relationships include preferential treatment, increased job-re

GaryK [48]

Answer:

True

Explanation:

A good relationship between a leader and his/her employees will boost up the confidence among them. Moreover, the communication gap which exist otherwise, will no longer be found.
Employees would be comfortable in giving feedback and would not lie for the sake of job, and they would even be able to share their problems with supervisors with less awkwardness.
Leaders support their employees and in turn they get genuine results from them, and this is scene in most of the cases.

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3 years ago

"An investment advisor has recommended a $50,000 portfolio containing assets R, J, and K; $25,000 will be invested in asset R, w

lesantik [10]

Answer:

The expected annual return of Portfolio is 12.00%

Explanation:

The portfolio return is calculated by multiplying the individual security return with weight of individual security in the portfolio. We have three securities R, J and K with expected return on 12%, 18% and 8% with weight of 50%, 20% and 30%. Through multiplying them we get individual return of security that is 6%, 3.6% and 2.4%. The weighted average portfolio return is 12%

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3 years ago