All categories

3 years ago

Live Trap Corporation received the data below for its rodent cage production unit.

Business

1 answer:

4vir4ik [10]3 years ago

8 0

Answer:

Total productivity in Units Sold per Dollar Input: 0.95 units;

The total productivity in Dollars of Sales per Dollar Input: $3.69.

Explanation:

* Total productivity in Units Sold per Dollar Input = Units sold / Total production cost = Units sold / ( Wages + Raw material + Component parts ) = 49,000 / ( Production time * wages per hour + raw material + component parts) = 49,000 / ( 644 * 7.9 + 31,500 + 15,250 ) = 0.95 units;

* The total productivity in Dollars of Sales per Dollar Input = Sales revenue / Total production cost = (Units sold * Sell price per unit )/ ( Production time * wages per hour + raw material + component parts) = (3.9 * 49,000) / ( 644 * 7.9 + 31,500 + 15,250 ) = $3.69.

You might be interested in

Dividend growth rate is important to many investors. You are considering investing in a firm after looking at the firm's divide

oksano4ka [1.4K]

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

8 0

3 years ago

Charles wants to start a décor business and takes a loan of $35,000 from the bank to set up the business. Once the business is u

miv72 [106K]

Answer:

Sole Proprietorship

Explanation:

Charles is planning to start a sole proprietorship business. It is the most common form of business ownership.

This is the form of business owned, managed and operated by a single individual. Here, there is no distinction between the business and the owner. The owner of the business will have total control of all the profits incurred in the business and solely be responsible for all losses incurred as well.

5 0

3 years ago

Classifying items on the statement of cash flows Cash flow items must be categorized into one of four categories. Identify each

valentina_108 [34]

Answer:

Explanation:

There are three types of activities in the cash flow statement which are described below:

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income and it also records the cash receipts and cash payment transactions

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

The categorization is shown below:

a. Cash purchase of merchandise inventory - operating activity

b. Cash payment of dividend - financing activity

c. Cash receipt from the collection of long-term notes receivable - investing activity

d. Cash payment for income taxes - operating activity

e. Purchase of equipment in exchange for notes payable - non cash activity

f. Cash receipt from the sale of land - investing activity

g. Cash received from borrowing money - financing activity

h. Cash receipt for interest income - operating activity

i. Cash receipt from the issuance of common stock - financing activity

j. Cash payment of salaries dividends - operating activity

5 0

3 years ago

Kimberly has been planning to purchase a digital camera for a long time. She finally makes the purchase and is happy because she

WARRIOR [948]

Answer: Option A

Explanation: In simple words post decision resonance refers to the feeling of regret that one gets after making decision that the choice they made was not correct.

This theory suggests that the level of regret that one feels depends on two factors, the net desirability between the option chooses and option not chooses, the importance of the decision made in the Decision makers life.

In the given case, Kimberly bought a camera and now think she did not make right choice. Hence from the above we can conclude that the correct option is A.

3 0

3 years ago

Assume that the City of Juneau maintains its books and records to facilitate the preparation of its fund financial statements. T

ra1l [238]

Answer:

Debit Expenses $90,000; credit Accrued wages and salary $90,000

Explanation:

If we assume that the City of Juneau maintains its books and records to facilitate the preparation of its fund financial statements. The employees paid from the general fund had earned $90,000 on Monday, Tuesday, and Wednesday (June 28, 29, and 30).

The entry, if any, should be made in the city’s general fund on June 30 is to: Debit Expenses $90,000; credit Accrued wages and salary $90,000

The amount has been incurred in the month but has not been paid hence it has to be captured as expenses for the month of June while the double entry will be that the amount is captured as accrued wages signifying that it has not been paid within the period it was incurred

5 0

3 years ago

Read 2 more answers