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3 years ago

A description of how the business will generate revenue is always included in a:

Business

1 answer:

GarryVolchara [31]3 years ago

6 0

Answer: business plan

Explanation:

Stock dividend, is a method used to distribute wealth to its shareholders by a company.

A stock certificate is a legal document which implies that the owner has some number of stocks or shares in a corporation.

Business loan agreement is simply an understanding that takes place between a business and a lender which contains the promises made by both parties regarding giving the money by the lender and the repayment plan by the borrower.

A business plan is a document that simply describes a business and, its products or services, its financing, leadership and staffing, its operations model, etc.

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3 years ago

Texteriles Company creates different types of bolts of cloth. These bolts of cloth are made on the same machinery. The textile m

nikdorinn [45]

Answer:

Combination of products shall be:

Denim = 6,000 bolts

Chenille = 240 bolts

Gauze = 1,200 bolts

Explanation:

As provided the machine hours are limited thus, the constraint is machine hours.

Accordingly contribution per machine hour shall be computed.

Denim has contribution of $14 for each 0.5 machine hour, thus, contribution per hour = $\frac{14}{0.5} = 28$

Chenille has contribution of $22 per machine hour

Gauze has contribution of $9 per 0.3 hours, thus contribution per machine hour = $\frac{9}{0.3}$ = $30

According to contribution per hour, ranking of products shall be

Gauze I

Denim II

Chenille III

Therefore, bolts of gauze to be produced = 1,200 that is maximum

Hours required = 1,200 $\times$ 0.3 = 360

Hours remaining = 3,600 - 360 = 3,240

Bolts of Denim to be produced = 6,000 that is maximum

Hours required = 6,000 $\times$ 0.5 = 3,000

Hours remaining = 3,240 - 3,000 = 240

Bolts of Chenille that can be produced = $\frac{240\ hours}{1\ bolt\ per\ hour}$ = 240 bolts

Total contribution in this case

= (1,200 $\times$ $9) + (6,000 $\times$ $14) + (240 $\times$ $22)

= ($10,800 + $84,000 + $5,280)

= $100,080

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4 years ago

Assume that ExxonMobil uses a standard cost system for each of its refineries. For the Houston refinery, the monthly fixed overh

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Answer:

a. Fixed overhead budget variance = Budgeted fixed overhead - Actual fixed overhead

= $8,000,000 - $8,750,000

= $750,000 Unfavorable

b. Predetermined overhead rate per barrel = $8,000,000 / 5,000,000

= $1.60 per barrel

Fixed overhead applied = 5,100,000 * $1.60

= $8,160,000

Fixed overhead volume variance = Fixed overhead applied - Budgeted fixed overhead

= $8,160,000 - $8,000,000

= $160,000 Favorable

c. Fixed overhead budget variance = Budgeted fixed overhead - Actual fixed overhead

Predetermined overhead rate per barrel = Budgeted fixed overhead / Planned outputs

Fixed overhead volume variance = Fixed overhead applied - Budgeted fixed overhead

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3 years ago

What is the law of supply

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