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coldgirl [10]
3 years ago
12

A company that produces a single product had a net operating income of $91,000 using variable costing and a net operating income

of $127,960 using absorption costing. Total fixed manufacturing overhead was $59,160 and production was 11,600 units. This year was the first year of operations. Between the beginning and the end of the year, the inventory level:
Business
1 answer:
ololo11 [35]3 years ago
3 0

Answer:

$7,247.05

Explanation:

The computation of the inventory level is shown below:

But before that first we have to find out the fixed cost per unit which is

=  Total fixed manufacturing overhead ÷ production units

= $59,160 ÷ 11,600 units

= $5.1 per unit

Now the inventory level is by taking the difference of net operating income between two methods

= ($127,960 - $91,000) ÷ ($5.1 per unit)

= $7,247.05

Therefore, the inventory is increased by $7,247.05

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In an automobile company, the vice president of research and development wants to plan and coordinate the launch of a new car wi
nikdorinn [45]

Answer

Hi,

This type of communication could be interpersonal communication or formal communication

Explanation

Interpersonal communication occurs in company when it is done between two or more individuals at a workplace. For this case, the communication was between the vice president of research and development and the vice president of marketing. This could also be a formal communication where a hierarchy at the workplace is followed because the two vice presidents from different departments first talked before involving junior staff members. In this case, the two vice presidents are communicating formally with each other to get work done.

Welcome!

4 0
3 years ago
On January 1, 2010, Sunshine company issues bonds maturing in 10 years. The par value of the bonds is $500,000, the annual coupo
zheka24 [161]

Answer and Explanation:

a. The bonds is issued at a discount, since the coupon rate is lower than the interest rate on the market.

b. Par value = $500,000.

Annual coupon = Par value of bonds × Coupon rate

= $500,000 × 4 %

= $20,000

Interest rate = 6%

n = 10

Present value of an annuity 6%, n = 10 = ((1 - ( 1 ÷ 1.06 ) × 10) ÷ 0.06)

= 7.3601

Present value 6%, n = 10 = (1 ÷ 1.06) × 10

= 0.5584

Issue price of the bonds = Annual coupon × Present value of an annuity + Par value of bonds × Present value

= $20,000 × 7.3601 + $500,000 × 0.5584

= $147,202 + $279,200

= $426,402

3.The Journal entry is shown below:-

Cash Dr, 426,402  

     To Discount on Bonds Payable $73,598  

      To Bonds Payable $500,000

Being cash is recorded)

4. Interest expense for the year ended December 31, 2010 = Issue price of the bonds × Interest rate

= $426,402 × 7%

= $29,848.14

5. The Journal entry is shown below:-

Interest Expense Dr, 29,848  

Discount on Bonds Payable Dr, 9,848  

      To Cash $20,000

(Being interest expenses is recorded)

6. Over the years the interest rate would rise as the bonds were issued at a discount.

6 0
3 years ago
Silver fire electric inc. , a u. s. -based company, has productive activities in more than two countries. Silver fire electric i
telo118 [61]

Silver Fire Electric Inc is a multinational enterprise.

A multinational enterprise, abbreviated as MNE and every so often also known as multinational corporation (MNC), just multinational or international corporation, is an employer generating items or delivering offerings in more than one country.

A multinational business enterprise is a corporate employer that owns and controls the manufacturing of goods or offerings in as a minimum one united states apart from its domestic united states.

Multinational corporations assist to create employment possibilities and international. Inward investments with the aid of MNCs construct a great deal-needed overseas currency for developing and growing economies. they also generate employment possibilities and assist enhance the expectation of what's possible in lesser advanced countries.

Learn more about Multinational corporations here brainly.com/question/494475

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6 0
1 year ago
Chapter 3 Homework Questions 3, 4 3. Balance Sheet. Construct a balance sheet for Sophie’s Sofas given the following data. What
Svet_ta [14]

Answer:

<u>BALANCE SHEET</u>

Assets                                            Liabilities

Cash                           10,000        Account Payable     17,000

Account Receivable 22,000        Long term               170,000

Inventory                 200,000       Total Liab                187,000

non-current assets  100,000        Equity                      145,000 (A)

total assets              332,000     Total liab + SE         332,000

Earnings before interest and taxes: 11,000 dolllars

Net income 8,000

Explanation:

(A) solve through the accounting equation

assets = laib + equity

332,000 = 187,000 + Equity  = 332,000 - 187,000 = 145,000

Q4

income tax expense: 2,000

rate 20%

Earnings before taxes x 20% = 2,000

EBT = 2,000 / 0.2 = 10,000

Net income : 10,000 - 2,000 = 8,000

EBIT: EBT + interest expense

10,000 + 1,000 = 11,000

5 0
3 years ago
Why do some teams never reach the highest stage of team development?
bulgar [2K]

Answer:

1) Not having one or more of 4 C: Commitment, Collaboration, Communication and Contribution.

2) To supply all of 4 Cs

Explanation:

Teams cannot reach the highest performance stage by not having one or more of 4 C: Commitment, Collaboration, Communication and Contribution. For example, a team may be losing performance because of a lack of commitment to a common goal. Or a team may be discontinued because the personal styles of each team member have not been studied and their roles are not well defined. Poor communication can lead to poor team performance, such as the lack of quality contributions by one or more members.

Effective team building methods are diverse and include:

-Simple social activities - allows team members to spend time together.

-Group meeting sessions - fun activities that allow team members to get to know each other under the sponsorship of the company.

-Personal development activities - personal changes in groups, sometimes requiring physical struggle

- Team development activities - group dynamics games that reveal how individuals' problem-solving approaches and team work together

- Team roles - psychological analysis of roles and training on how to work better together

-Tam building is generally included in organizational development theory and practice.

Key Tips for Successful Teamwork:

-The goals and guidance should be clear and understandable to all team members.

-The teams should be able to take and manage acceptable risks while communicating and taking action.

- Teamwork environment should be created where team members need an open, honest and respectful communication. Even under stress, members should be expected to maintain good communication.

- A strong commitment to team decisions and actions should be motivated.

Creativity and innovation should be expected in teamwork and teams should be able to solve the problems they face with these two different norms.

-Team, talent and strategy and teams should be expected to aim for continuous development and progress.

- Teams should be motivated to solve the problems of teamwork, not individual members' problems.

- Participatory leadership should be emphasized. It should be ensured that each member of the team is actively able to assume the leadership position for a certain period of time.

- Promote effective or ideal decisions with the agreement and absolute support of the team.

3 0
2 years ago
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