A. Export subsidies are government payments to domestic producers to enable them to charge lower prices and sell more goods
Answer: $13,050
Explanation:
The Cash collected from receivables can be calculated by;
= Beginning Accounts Receivable + Sales revenue - Receivables written off - Ending Accounts Receivable
= 2,800 + 14,000 - 150 - 3,600
= $13,050
Answer:
400; 800
Explanation:
Contribution:
Product X:
= Selling price - Variable cost
= 100 - 70
= 30,
Product Y:
= Selling price - Variable cost
= 80 - 40
= 40,
Product Z:
= Selling price - Variable cost
= 25 - 20
= 5
Machine hours required :
Product X:
= Machine time per unit × Monthly demand
= 3 × 300
= 900,
Product Y:
= Machine time per unit × Monthly demand
= 2 × 200
= 400,
Product Z:
= Machine time per unit × Monthly demand
= 1 × 500
= 500
Contribution per machine hour:
Product X = Contribution ÷ Machine time per unit
= 30 ÷ 3
= 10,
Product Y = Contribution ÷ Machine time per unit
= 40 ÷ 2
= 20,
Product Z = Contribution ÷ Machine time per unit
= 5 ÷ 1
= 5
It is highest for Y, so produce maximum amount of Y, then X and then Z
Y needs 400 hrs, we are left with 800 hours, so produce 800 hours of X.
Answer:
<em>You didn't post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.</em>
Explanation:
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
$35,800
Explanation:
Gross Profit = Net sales - Cost of goods sold
= $268,100 - $145,500
= $122,600
Total Operating Expense:
= S, G & A Expenses + R&D expense
= $59,000 + $27,800
= $86,800
Operating Income = Gross Profit - Total Operating Expense
= $122,600 - $86,800
= $35,800
