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melisa1 [442]
3 years ago
13

The following costs are some of the costs incurred by Norwood Incorporated to produce and sell 1,000 units of one of their prima

ry products: • Direct materials, $31,500. • Direct labor, $69,000. • Factory building rent, $8,500. • Factory maintenance salaries, $7,200. • Sales commissions, $10,800. • Shipping costs, $2,700. • Factory equipment lubrication supplies, $1,100. • Factory supervisor’s salary, $15,000. • Straight-line depreciation expense on factory equipment, $6,000. • Advertising campaign costs, $3,800. How much are the total fixed costs?
Business
1 answer:
aleksklad [387]3 years ago
4 0

Answer:

$40,500

Explanation:

The computation of the total fixed cost is shown below:

= Factory building rent + Factory maintenance salaries + Factory supervisor’s salary, + depreciation expense + advertising cost

= $8,500 + $7,200 + $15,000 + $6,000 + $3,800

= $40,500

We simply applied the above formula So that the total fixed cost could come and the same is to be considered

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Minor criminal offense, specifically a strict liability offense. Strict liability refers to an offense made regardless of the the intent of action. In other words, even if you have no malicious intent, you are still liable for the offense. Another example is possession of drugs. 
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3 years ago
Low Carb Diet Supplement Inc. has two divisions. Division A has a profit of $134,000 on sales of $2,310,000. Division B is able
Genrish500 [490]

Answer:

a. Division A = 5.80 %, Division B = 8.95 %

b. Division B is superior. Because, it generates a greater profit margin per each sale made.

Explanation:

<u> a. Compute the profit margins</u>

Profit margin = Profit / Sales × 100

Division A = $134,000 / $2,310,000 × 100

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Division B = $33,400 / $373,000 × 100

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<u> b. Based on the profit margins</u>

Division B is superior as it generates a greater profit margin per each sale made.

8 0
3 years ago
A firm has a profit margin of 5.1 percent, a total asset turnover of 1.84, and a return on equity of 16.2 percent. What is the d
Jet001 [13]

Answer:

Debt / Equity = 0.72649 : 1 or 72.649%

Explanation:

The ROE or return on equity can be calculated using the Du Pont equation. It breaks the ROE into three components. The formula for ROE under Du Pont is,

ROE = Net Income / Sales * Sales / Total Assets * Total Assets / Shareholder's equity

or

ROE = Net Income / Total equity

Assuming that sales is $100.

Net Income = 100 * 0.051 = 5.1

Total Assets = 100 / 1.84

Total Assets = 54.35

0.162 = 5.1 / Total equity

Total Equity = 5.1 / 0.162

Total Equity = 31.48

We know that Assets = Debt + Equity

So,

54.35 = Debt + 31.48

Debt = 54.35 - 31.48

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Debt / Equity = 0.72649 : 1 or 72.649%

6 0
3 years ago
When recording inflow and outflow of cash flow statements it is important to
Nastasia [14]

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Cash outflows include the transfer of funds by a company to another party. Such cash outflows include payments to business partners including employees, suppliers or creditors. Cash outflows also occur when long-term assets are acquired, investments are purchased, or settlements and expenses are paid.

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3 years ago
An operations manager observes a new production process. Based on production of the first 32 ​units, the manager estimates that
Leviafan [203]

Answer:

<em>The answer is 17.01 minutes</em>

Explanation:

<em>Given that:</em>

<em>The learning rate (r) = 85% = 0.85</em>

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<em>By applying the learning curve formula</em>

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<em>23.55 = T₁ * (32)^-0.2344</em>

<em>T₁ = 23.55 * (32)^0.2344</em>

<em>Now,</em>

<em>T₁₂₈ = T₁ (128)^ - 0.2344</em>

<em>= 23.55 * (32)^0.2344 * (128)^ - 0.2344</em>

<em>=17.01 minutes</em>

3 0
3 years ago
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