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stealth61 [152]
3 years ago
10

9. Assume that Cane expects to produce and sell 97,000 Alphas during the current year. A supplier has offered to manufacture and

deliver 97,000 Alphas to Cane for a price of $148 per unit. What is the financial advantage (disadvantage) of buying 97,000 units from the supplier instead of making those units
Business
1 answer:
fenix001 [56]3 years ago
8 0

It is sort of outsourcing exercise which is executed as a cost controlling measure thereby enabling management to focus on critical matters.

Explanation:

Here, if in the given case CANE outsources manufacturing activity to an established supplier it can save on hiring factory and cost and lab our overheads and can effectively focus on more critical functions including sales and strengthening supply chain management .

They can effectively deploy capital to more productive options.

This process if considered after due diligence will enable it to improve its financial position.

It only needs to ensure that supplier is committed to service, quality and delivery with flexibility so that financial benefits syncs with the set of expectations.

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The Board of Governors of the Federal Reserve a. members are appointed to four-year terms by the President and confirmed by the
Digiron [165]

Answer:

Option  B

Explanation:

In simple words, The seven board members shall be selected by the president of the usa for a phased period of 14 years. The governing board regulates the operation of the federal reserve system and imposes a wide range of financial and consumer lending rules.

Through statute, the president of the usa may select the Board of Directors to have "equal reflection of the political , economic, manufacturing and business concerns and the regional sections of the nation." The country is split into 12 Federal Reserve constituencies and no two administrators may come from the very same Region.

6 0
3 years ago
Mark has long supported a particular brand of footwear and has always bought that brand.​ recently, the footwear manufacturer wa
lidiya [134]

What Mark is displaying is selective distortion. This term is used when individuals continue to interpret information in accordance to the belief that they are supporting.

In the example, even though the news have reported that his favorite shoe brand uses child labor to manufacture the brand’s shoes, Mark chooses to believe that the media is lying instead of accepting the report as true.

3 0
3 years ago
Read 2 more answers
Tyare Corporation had the following inventory balances at the beginning and end of May:
densk [106]

Answer:

The correct answer is option (b) $5400

Explanation:

Solution

Calculation of the cost of direct material on May 1

Now,

The starting work In process inventory = Direct materials Cost  + Direct labor  Cost + Manufacturing overhead applied on W.I.P

13,500 = Direct materials cost  + 4500 + 3600

Thus,

Direct material cost = 13500 - 4500-3600 = $5400

Note:  Direct labor cost = 300 * 15 = $ 4500

The manufacturing overhead = 300 hour *  $12 = $ 3600

So, only expenses associated to work in process will be considered, hence only direct labor and manufacturing overhead are used to work in process are considered.

8 0
3 years ago
Your portfolio has three asset classes. U.S. government​ T-bills account for 47​% of the​ portfolio, large-company stocks consti
Katena32 [7]

Answer:

Expected return of the​ portfolio = 8.57%

Explanation:

The expected return of the portfolio is the weighted average return of all assets in that portfolio, which is calculated as below:

The expected return of the portfolio = (Weight of U.S. government​ T-bills x Return of U.S. government​ T-bills) + (Weight of large-company stocks x Return of large-company stocks) +  (Weight of small-company stocks x Return of small-company stocks)

= 47% x 4.08% + 38% x 11.38% + 15% x 15.53% = 8.57%

3 0
3 years ago
Read 2 more answers
Presented below is information for Ivanhoe Company for the month of January 2017. Cost of goods sold $221,000 Rent expense $33,5
anyanavicka [17]

Answer:

Sales revenue                         392,500

Sales returns and allowances (20,000)

Sales discounts                    <u>      (8,600)  </u>

Net Sales:                                363,900

COGS                                      (221,000)

Gross Profit                            142,900

Freight-out                                  (9,700)

Salaries and wages expense (63,400)

Rent expense                          (33,500)

Insurance expense             <u>     (14,600)  </u>

Earnings before taxes             21,700

Income tax expense           <u>     (4,900)  </u>

Operating income                    16,800

OCI                                     <u>          2,000   </u>

Net Income                               18,800

Explanation:

First we solve for net sales.

Then we subtract COGS for Gross profit.

THen we subtract hte expenses and get hte earnings before taxes.

Next the inome tax expense and operationg income

then we put htis along with OCI for thenet income of the period.

3 0
3 years ago
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