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nignag [31]
3 years ago
10

Precision Paper Products produces both paper towels and paper napkins. The production process begins with the receipt and pulpin

g of raw timber. Once the timber is pulped, it is screened, rolled, and dried into large rolls of paper. At this point, half the paper is cut and folded into napkins, while the other half is cut, perforated, and rolled into towels. Based on this description, which of the costs listed below would NOT be classified as a joint cost?
a. The administrative costs associated with tracking and processing incoming timber shipments.
b. The materials costs for the various chemicals involved in the pulping process.
c. The direct labor costs associated with operation of the screening machine.
d. The maintenance costs associated with the napkin folding machine.
Business
1 answer:
alexdok [17]3 years ago
4 0

Answer:

d. The maintenance costs associated with the napkin folding machine.

Explanation:

The cost that required one or more processors to produced a final product is known as joint cost

Here in the given question, the maintenance cost is not considered to be a joint cost as this cost are associated with the paper napkins

Also, the pulping, screening, rolling, etc are considered to be joint cost

Hence, the correct option is d.

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Answer:

PV= $1,311.17

Explanation:

Giving the following information:

Future Value (FV)= $5,000

Number of periods (n)= 25 years

Interest rate (i)= 5.5% compounded annually

T<u>o calculate the present value (PV), we need to use the following formula:</u>

<u></u>

PV= FV / (1+i)^n

PV= 5,000 / 1.055^25

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6 0
3 years ago
Shaq and Kobe are parties to a business contract containing a binding arbitration clause. A dispute between Shaq and Kobe is sub
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Most likely, Shaq will ask that the court overturn the award based on the acceptance of the bribe by Pat.

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<u>Explanation: </u>

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The court can impose but these awards will be overturned by the court only in special cases. The court will declare void, or ignore to accept an arbitration award if it is a fraud product or misbehavior by the arbitrator.

7 0
3 years ago
Carmen is the vice president for marketing for nita's web design. she also sits on the board of directors. carmen would be consi
Anestetic [448]

An inside director.

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5 0
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The two best signs of good strategy execution are whether: the company is challenging its current performance targets and whethe
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Answer: the company is meeting or beating its performance targets and whether it is performing value chain activities in a manner that is conducive to companywide operating excellence.

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The execution of a good strategy requires a team effort with every managers using their authority to ensure that all the workers under them take active part in the execution of the strategy.

The two best signs of good strategy execution are whether the company is meeting or beating its performance targets and also whether the company is performing value chain activities in a manner which is conducive to companywide operating excellence.

8 0
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The following financial information was obtained from the year ended 2018 income statements for Kringle Automotive and Leihman A
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Answer:

times interest ratio = EBIT / interest expense

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Kringle: TIE ratio = ($40,870 - $10,300 - $350) / $350 = 86.34

Leihman: TIE ratio = ($46,320 - $12,080 - $2,000) / $2,000 = 16.12

2)

Kringle was better able to cover its interest expenses since its TIE ratio is much higher than Leihman's (more than 5 times higher). This means that it is much easier for Kringle to pay off the interests on its debt.

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