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Tpy6a [65]
3 years ago
13

Yuma, Inc. manufactures teddy bears and dolls. Currently, Yuma makes 2,100 teddy bears each month. Each teddy bear uses $3.50 in

direct materials and $1.00 in direct labor. Yuma uses two activities in manufacturing the teddy bears: Sewing and Processing. The cost associated with Sewing is $15,750 a month, allocated on the basis of direct labor hours. The cost associated with Processing is $10,500 a month, allocated on the basis of batches. Teddy bears use 1/2 of the direct labor hours, and 35% of total batches. What is the total manufacturing cost for one teddy bear?
Business
1 answer:
Anika [276]3 years ago
8 0

Answer:

$10.00

Explanation:

Calculation for the total manufacturing cost for one teddy bear

Total manufacturing cost=$3.50 + $1.00 + [($15,750 × 1/2)/2,100] + [($10,500 × 35%)/2,100]

Total manufacturing cost=$3.50 + $1.00 + ($7,875/2,100) + ($3,675/2,100)

Total manufacturing cost=$3.50 + $1.00 + $3.75+ $1.75

Total manufacturing cost=$10.00

Therefore the total manufacturing cost for one teddy bear will be $10.00

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Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in eq
Deffense [45]

Answer:

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?</em>

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?Bank A Asset</em>

<em>Consider the assets (in millions) of two banks, A and B. Both banks are funded by $120 million in deposits and $20 million in equity. Which bank has the stronger liquidity position? Which bank probably has a higher profit?Bank A AssetBank B Assets</em>

Explanation:

<em>Liquid assets are those assets which get converted immediately into cash, when the company need some cash in hand, they can sell the liquid assets in the market and get cash in hand. As they can sell their various securities to fulfill the need of cash.</em>

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5 0
3 years ago
The income statement, balance sheet, and additional information for Video Phones, Inc., are provided.
Alina [70]

Answer:

Net increase in cash position is $18,960

From operations $128,160

From investing activities -$83,200

From Finance activities -$26,000

Explanation:

The income statement has been uploaded for your benefit.

The schedules attached tagged "workings" explains how we arrived at each change in cash flow by line item.

8 0
3 years ago
Monetarists believe that changes in the supply of money Question 24 options: do not affect aggregate demand. affect aggregate de
s344n2d4d5 [400]

Answer: affect aggregate demand directly.

Explanation:

Monetarists believe that money supply is very important in determining the economic growth of an economy and this is why they advocate for monetary authorities to get involved in the monetary system in order to guide the growth of the economy.

To monetarists, the supply of money influences consumption as well as investment and so directly affects aggregate demand because both consumption and investment are components of aggregate demand. For instance, an increase in money supply increases both consumption and investment and so increases aggregate demand.

5 0
3 years ago
Praxis Corp. forecasts the following income statement for the next year:
Annette [7]

Answer: a. 1.42

b) 2.74

c) 3.89

Explanation:

a) The Degree of Operating Leverage measures how much operating Income will change by if Sales change.

It is calculated with the formula,

= (Sales - Variable Costs) / (Sales - Variable Costs - fixed costs)

= (960,000 - 532,000) / (960,000 - 532,000 - 127,000)

= 1.42

b) The Degree of financial leverage measures how much Income will change due to a change in operating Income.

The formula is,

=Earnings before Interest and tax / Earnings before Interest and tax - Interest or just Earning before tax

= 301,000/110,000

= 2.74

c. Degree of Total Leverage is a measure of how sensitive the net income of a company is to a change in goods produced and/or sold.

It is calculated by multiplying DOL and DFL.

= 1.42 * 2.74

= 3.89

Should you need any clarification just hit that comment button. Cheers.

3 0
3 years ago
Sinclair Manufacturing Company experienced the following accounting events during its first year of operation. With the exceptio
matrenka [14]

Answer:

Please see the attached image for the Horizontal Financial Statements of Sinclair Manufacturing Company.

Explanation:

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Cost of Acquisition = $9,600

Residual Value = $1,600

Book Value of Furniture = $9,600 - $1,600

Book Value of Furniture = $8,000

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Depreciation Expense = $8,000 / 4 years

Depreciation Expense = $2,000 per year

6. EQUIPMENT - Straight Line Method

Book Value of Equipment = Cost of Acquisition - Residual Value

Cost of Acquisition = $16,000

Residual Value = $1,000

Book Value of Furniture = $16,000 - $1,000

Book Value of Furniture = $15,000

Useful Life = 5 years

Depreciation Expense = $15,000 / 5 years

Depreciation Expense = $3,000 per year

6 0
3 years ago
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