1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AURORKA [14]
3 years ago
15

Harold Manufacturing produces denim clothing. This year, it produced 5,200 denim jackets at a manufacturing cost of $42.00 each.

These jackets were damaged in the warehouse during storage. Management investigated the matter and identified three alternatives for these jackets. Jackets can be sold as is to a secondhand clothing shop for $7.00 each. Jackets can be disassembled at a cost of $32,000 and sold to a recycler for $12.00 each. Jackets can be reworked and turned into good jackets. However, with the damage, management estimates it will be able to assemble the good parts of the 5,200 jackets into only 3,030 jackets. The remaining pieces of fabric will be discarded. The cost of reworking the jackets will be $102,700, but the jackets can then be sold for their regular price of $44.00 each.
Calculate the incremental income.
Business
1 answer:
Aleksandr-060686 [28]3 years ago
3 0

Answer:

Explanation:

Alternative 1

Incremental Revenue - 5,200*7= *36,400

Incremental income    $36,400

Alternative 2

Incremental Revenue - 12*5,200 =  62,400

Incremental Cost                              (32,000)

Incremental income      30,400

Alternative 3

Incremental Revenue  - 3030*44 = 133,320

Incremental Cost                              (102,700)

Incremental income      30,620

he first alternative is the best with the highest incremental income

You might be interested in
Ingram Electric Products is considering a project that has the following cash flow and WACC data. What is the project's MIRR? No
SpyIntel [72]

Answer:

the project's MIRR is 13.50 %.

Explanation:

MODIFIED INTERNAL RATE OF RETURN (MIRR)

-It is the rate that causes the Present Value of the Terminal Value (Future Cash flows at the end of the Project) to equal Present Value of Cash outflows.

-MIRR assumes a reinvestment rate at the end of the project

The First Step is to Calculate the Terminal Value at end of year 3.

Terminal Value (FV) = Sum of (PV x (1 + r) ^ 3 - n)

                                 = $350 x (1.11) ^ 2 + $350 x (1.11) ^ 1 + $350 x (1.11) ^ 0

                                 = $431.24 + $388.50 + $350.00

                                 = $1,169.74

The Next Step is to Calculate the MIRR using a Financial Calculator :

(-$800)        CFj

0          CFj

0          CFj

$1,169.74  CFj

Shift IRR/Yr 113.50 %

Therefore, the MIRR is 13.50 %

6 0
3 years ago
Ricky told his team that he is moving forward with a change to the bonus structure, despite vocal objections from several team m
GarryVolchara [31]

Answer:

Letter E is correct. <em>Dominating.</em>

Explanation:

The dominating conflict-handling style is one that puts your individual interests above the interests of other individuals or your team.

This style is characterized by individuals who rely on forced behavior over another to resolve some existing conflict or to gain some position. It is a style based on profit and loss.

7 0
3 years ago
A local bank sponsors a charity run that raises funds for a non-profit building wells and schools in Mali, Africa. How would the
const2013 [10]

Answer:

The use of the bank's funds for this fundraiser would be justified when the bank's goal is to maximize profit by:

giving the bank public relations boost, thereby improving its public image.

Explanation:

The creation of publicity opportunities through this fundraiser enhances the bank's activities.  Awareness of its services is created through the sponsorship.  People perceive the bank as a charity-supporting organization, which cares for the welfare of the less-privileged.  The fundraiser creates huge goodwill.  Public relation is, therefore, critical in helping the bank to engage its diverse publics across various platforms, including the accruing intangible benefits that derivable from the seemingly unprofitable effort.

5 0
3 years ago
If a price is too high to clear the market, that means
kipiarov [429]

Answer:

If a price is too high to clear the market, that means the quantity of supplies have exceeded the amount that is demanded.

Explanation:

Have a great summer :)

6 0
3 years ago
Read 2 more answers
At September 1, 2022, Coronado Industries reported Retained Earnings of $397620. During the month, Coronado generated revenues o
Angelina_Jolie [31]

Answer:

Closing retained earning is $414,540

Explanation:

The Retained Earnings figure can be calculated using the following equation:

Closing Retained Earnings = Opening Retained Earnings + (Sales - Expenses - Dividends)

Here

Opening balance of Retained Earning is $397,620

Revenues is $56,400

Expenses are $33,840

Dividends paid are $5,640

The purchased equipment is not considered here because it is increase in asset not an increase or decrease in revenue or expenses. So it is not considered here.

So by putting values, we have:

Closing Retained Earnings = $397,620 + ($56,400 - $33,840 - $5,640)

Closing Retained Earnings = $414,540

8 0
3 years ago
Other questions:
  • Elize’s regular hourly wage rate is $20, and she receives an hourly rate of $30 for work in excess of 40 hours. During a January
    11·1 answer
  • What is NOT true about a home filing system? It should be kept in a dry area with good air circulation. It is a place to keep al
    13·1 answer
  • Balance sheet and income statement data indicate the following: Bonds payable, 10% $1,000,000 Preferred 5% stock, $100 par (no c
    10·1 answer
  • Your investor client is interested in looking at commercial property. An available strip mall has an effective gross income of $
    9·1 answer
  • If a utility company were considering an increase in electricity or gas prices in order to cover the costs of a capital investme
    7·1 answer
  • On January 1, 2018, Crane Corp. changed its inventory method to FIFO from LIFO for both financial and income tax reporting purpo
    5·1 answer
  • what will most likely still occur when the economy has achieved full employment? a.frictional, seasonal, and cyclical unemployme
    11·1 answer
  • A comprehensive risk management program that addresses all of an organization's risks, including hazard risks, financial risks,
    11·1 answer
  • On June 1, 2019, Cain Company, a new firm, paid $4,300 rent in advance for a five-month period. The $4,300 was debited to the Pr
    14·1 answer
  • In relationship-based marketing, the focus is on enticing a buyer to make a purchase now based on such factors as low price, con
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!