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deff fn [24]
4 years ago
10

Newton Manufacturing produces scientific calculators. The models are N350, N450, and the N900. Newton has planned its distributi

on of these products around eight customer zones: Brazil, China, France, Malaysia, U.S. Northeast, U.S. Southeast, U.S. Midwest, and U.S. West. Data for the current quarter (volume to be shipped in thousands of units) for each product and each customer zone are given in the file Newton. Newton would like to know the total number of units going to each customer zone and also the total units of each product shipped. There are several ways to get this information from the data set. One way is to use the SUMIF function.
The SUMIF function extends the SUM function by allowing the user to add the values of cells meeting a logical condition. The general form of the function is

Newton Scientific Calculators
Customer Zone Model Volume (000 units)
Malaysia N350 399.0
China N350 3158.3
France N350 1406.0
Brazil N350 163.5
US Northeast N350 68.7
US Southeast N350 999.7
US Midwest N350 544.9
US West N350 1804.0
Malaysia N450 228.0
China N450 540.9
France N450 289.8
Brazil N450 240.5
US Northeast N450 313.2
US Southeast N450 681.3
US Midwest N450 1720.3
US West N450 2922.3
Malaysia N900 1301.6
China N900 1629.3
France N900 1790.8
Brazil N900 740.7
US Northeast N900 48.3
US Southeast N900 1522.3
US Midwest N900 2217.5
US West N900 1243.6
(a) Complete the below table for total number of units distributed in each customer zone.
If required, round your answers to one decimal place.
Customer Zone Total Volume (000 units)
Brazil
China
France
Malaysia
US Midwest
US Northeast
US Southeast
US West
Total
(b) Complete the below table for the total units of each product shipped.
If required, round your answers to one decimal place.
Product Total Volume (000 units)
N350
N450
N900
Total

Business
1 answer:
Licemer1 [7]4 years ago
3 0

Answer:

See attached file

Explanation:

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When additions of input to a fixed quantity of another input lead to progressively smaller increases in output, we say we are fa
Fofino [41]

Answer:

Production Possibilities Curve (Unattainable with the resources we have)

Explanation:

Assuming you are talking about macroeconomics, giving up an increasing amount of production of product A to be able to produce product B, that is the PPC.  

6 0
2 years ago
On December 31, Year 1, JM Co. exchanged a used machine for a new machine from DP Inc. The used machine had a book value of $100
Evgen [1.6K]

Answer:

Situation 1:  JM Co.

a. The cost of the new machine in Year 1 = $150,000

b. JM should record a gain of $5,000 in Year 1.

Situation 2:  AB Inc.

a. The cost of the new machine in Year 1 = $65,500

b. AB Inc. should not record any loss or gain.

Situation 3: DDC

a. The cost of the new crane in Year 1 is $125,000

b. There is a gain of $5,000 from the transaction between DDC and ZN.

Explanation:

JM Co.

1) Used machine:

Book value = $100,000  ($120,000 cost minus $20,000 accumulated depreciation)

Fair value of $90,000

Gain on exchange = $5,000 ($105,000 - $100,000)

New machine:

List price = $150,000

Paid $105,000 with trade-in allowance

Paid $45,000 in cash

Value received from DP:

Book value                         $100,000

Cash paid                              45,000

Total value exchanged     $145,000

Fair value of new crane =   150,000

Gain on exchange               $5,000

3) JM records a gain of $5,000 being the difference between the trade-in allowance of $105,000 and the book value ($100,000) of the old machine

Situation 2:

AB Inc.

Used Truck:

Book value = $57,500 ($75,000 cost minus $17,500 accumulated depreciation)

Fair Value = $60,000

Value received from LL:

Book value                         $57,500

Cash paid                               8,000

Fair value of new crane =   65,500

No gain or loss.

Situation 3:

DDC Co.

Book value of used crane = $120,000

Fair value of $125,000

Value received from ZN:

Fair value of new crane = $110,000

Cash received                       15,000

Total value received         $125,000

Book value of old                120,000

Gain                                      $5,000

7 0
3 years ago
Smith Company has the following information on the financial statements: Accounts Receivable at beginning of the year $50,000 Ac
baherus [9]

Answer:

At the start of the year their accounts receivables were 50,000. During the year they earned revenues of 180,000 which means that they are entitle to get 230,000 (180,000+50,000) from the customers. But because the accounts receivables at the end of the year are 30,000 this means that their customers still owe them 30,000. This means that they collected a total of $200,000 cash from their customers.

Another way of looking it is that at the beginning of the year they had receivables of 50,000, they made sales of 180,000 in the current year and had ending receivables of 30,000 so cash collected will be equal to,

Year start receivables + current sales -  Year end receivables

50,000+ 180,000 - 30,000

=$200,000

Explanation:

4 0
3 years ago
Six people are introduced at a business convention if each person shakes hands with each of the others how many handshakes will
Leviafan [203]

<span>If 6 people meet and shake hand with each other. First person will shake hand with other 5, second person had already shaked hand  with 1st person and shake hand with other 4, and so on…</span>

So, the total no. of handshakes= 5+4+3+2+1=15 shakes

The other way to calculate this is by the formula n (n+1)/2

Where n is the no. of shake hands by very first person and that is 5.

So, the total no. of handshakes=5(5+1)/2

= 5(6)/2

=30/2

=15 shakes

3 0
3 years ago
On January 1, 2014, Borstad Company purchased equipment for $1,180,000. It is depreciating the equipment over 25 years using the
lord [1]

Answer:

Explanation:

a)Purchase cost - 1,180,000

Useful life - 25

Annual depreciation = 47,200

Timeline - Jan 1 , 2014 - 2019 = 6 years

Accumulated depreciation = 47200*6=283,200

Carrying value at 2019 = (1,180,000 - 283,200)= 896,800

B) Annual cash flow - 400,000

Annual cash outflow - (295,000)

Net cash inflow= 105,000

Net cash flow for 8 years = 105000*8 = 840000

Since the net cash inflow is less than the carrying value , there is an impairment.

PV value of the net cash inflow at 12% discount for 8 years = 521,602

Impairment loss = $375,198    

At December 21.2019

2.) Debit impairment loss - $375,198

Credit equipment - $375,198        

               

4 0
4 years ago
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