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3 years ago

Hayes Inc. provided the following information for the year 2015:

Business

1 answer:

zysi [14]3 years ago

7 0

Answer: The unit Product cost is $32.09

Explanation:

Add : Direct Material. 35

Add: Direct Labour 16

-------------

Prime Cost. 51

Add: variable manufacturing overhead. 15

Add: Fixed manufacturing overhead. 24,000

-----------------

Production cost. 24,066

-------------------

To determine the unit Product cost for the year we will divide the production cost by the unit produced

Production cost ÷ unit produced

Since the the production cost is $24,066 and unit produced is 750unit

24,066÷ 750

= 32.088

= 32.09

Therefore the unit Product cost is $32.09

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BartSMP [9]

Answer:

D the answer is D

Explanation:

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3 0

3 years ago

Read 2 more answers

CCC currently has sales of $26,000,000 and projects sales of $32,500,000 for next year. The firm's current assets equal $10,000,

vladimir2022 [97]

Answer: $1,025,000

Explanation:

Given that,

Current sales = $26,000,000

Projects sales = $32,500,000

Current assets = $10,000,000

Fixed assets = $9,000,000

Fixed assets will rise by $500,000

Accounts payable = $5,000,000

Long-term debt = $3,500,000

Common equity = $10,500,000

dividends = $900,000

net profit margin = 5%

Additional Funds Needed(AFN) can be calculated with the use of following formula:

AFN:

= $[(\frac{Current assets}{sales})\times(Revised\ Sales) + Revised\ Fixed\ Assets] - [(\frac{Spontaneous liabilities}{sales} )\times(Revised\ Sales) + Long\ Term\ Debt] - [Current\ Equity + Revised\ Net\ Income - Dividends]$

= $[(\frac{10,000,000}{26,000,000})\times(32,500,000) + (9,000,000 + 500,000)] - [(\frac{5,000,000}{26,000,000} )\times(32,500,000) + 3,500,000] - [10,500,000 + 5%\times32,500,000 - 900,000]$

= $22,000,000 - $9,750,000 - $11,225,000

= $1,025,000

6 0

4 years ago

Công cụ phân tích chuẩn tắc

nevsk [136]

Answer:

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Explanation:

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3 0

3 years ago

The following information relates to inventory for Shoeless Joe Inc.

saveliy_v [14]

Answer:

Under FIFO the ending inventory will be $110

Explanation:

The FIFO or the first in first out method of inventory valuation assumes that the units that are purchased or bought in first are the ones to be sold first and the ending inventory will include inventory purchased recently.

The sale made on March 11 will include:

20 units at $2 from March 1 = $40

5 units at $3 from March 7 = $15

Thus the ending inventory will be formed by:

(15-5) units at $3 from March 7 = $30

20 units at $4 from March 12 = $80

Total value of ending inventory = 30+80 = $110

8 0

4 years ago

Corporation had net income for 2016 of $ 42 comma 000. GAZ had 16 comma 000 shares of common stock outstanding at the beginning

andrey2020 [161]

Answer:

GAZ's price/earnings ratio is 4.8

Explanation:

In order to calculate GAZ's price/earnings ratio we would have to calculate the following formula:

GAZ's price/earnings ratio=market value per share/earnings per share

market value per share= $ 12

earnings per share=net income- preferred dividend/Average number of common shares

earnings per share=$42,000-$4,500/(16,000+14,000)/2

earnings per share=$2.50

Therefore, GAZ's price/earnings ratio= $ 12/$2.50

GAZ's price/earnings ratio=4.8

GAZ's price/earnings ratio is 4.8

3 0

3 years ago