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3 years ago

In Fine Fettle is considering three different options for selling its new product:

Business

1 answer:

Greeley [361]3 years ago

5 0

Explanation:

warehouse club sell items in bulk and offer limited choices in each product category.

high end health food market carry only health food product in a boutique like setting

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Fillia, inc. worked on three jobs this period: job 14c, which cost $15,000; job 23a, which cost $28,000, and job 45b, which cost

mafiozo [28]

The cost of goods manufactured during the period would be the $15000 + $28000 + $23000 is $66000. In other words, the costs are the total amount of costs added up for all three of the projects since goods were presumably produced by all three projects.

7 0

3 years ago

What is a tax return?

ss7ja [257]

What, you just told yourself the answer

3 0

2 years ago

Blue Skies Inc. is a retail gardening company that is piloting a new strategic initiative aimed at increasing gross profit. Curr

SpyIntel [72]

Answer:

Cost of Procedure 1: $268,800

Cost of Procedure 2: $134,400

Explanation:

Sales $480,000.

Gross Profit 25% of $480,000.= $ 120,000

Cost of Goods Sold = 480,000-120,000= $ 360,000

Procedure 1 costs twice as much as Procedure 2

Process 1 costs $ 240,000 Process 2 costs $ 120,000

To get a gross profit of 30% the sales would increase by

0.25 480,000

0.3 x

x= 480,000*0.3/0.25= $576,000

Sales $576,000.

Gross Profit 30% of $576,000.= $ 172,800

Cost of Goods Sold = 576,000-172,800= $ 403,200

Procedure 1 costs twice as much as Procedure 2

Process 1 costs $ 268,800 Process 2 costs $ 134,400

Procedure 1

1. Cost makeup of Procedure 1:

45% direct materials, = 45% of $ 268,800 = $ 120,960

40% direct labor, = 40% of $ 268,800 = $ 107,520

15% overhead.= 15% of $ 268,800 = $ 40,320

Total $268,800

Procedure 2

2. Cost makeup of Procedure 2

25% direct materials,=25% of $ 134,400 = $ 33,600

50% direct labor,= 50% of $ 134,400 = $ 67,200

25% overhead.=25% of $ 134,400 = $ 33,600

Total 134,400

1. Cost makeup of Procedure 1:

Direct materials, $ 120,960

Direct labor, $ 107,520

Overhead. $ 40,320

Total $268,800

Procedure 2

2. Cost makeup of Procedure 2

Direct materials $ 33,600

Direct labor, $ 67,200

Overhead. $ 33,600

Total 134,400

6 0

3 years ago

In 2020, the CEO of Crimson, Inc., entertains 9 clients at a skybox in Memorial Stadium for a single athletic event during the y

katrin [286]

Answer:

The amount of these costs Crimson may deduct is $1,400.

Explanation:

The amount of these costs Crimson may deduct can be calculated as follows:

Costs of refreshments served during the event = $820

Higher of the cost of nonluxury box seat at Memorial = $180

Number of people the box can seat = 11

Costs of the seat = Higher of the cost of nonluxury box seat at Memorial * Number of people the box can seat = $180 * 11 = $1,980

Total cost of entertainment = Costs of refreshments served during the event + Costs of the seat = $820 + $1,980 = $2,800

50% of the total cost of entertainment = $2,800 * 50% = $1,400

Allowable deduction = Total cost of entertainment - Elimination of 50% of the total cost of entertainment = $2,800 - $1,400 = $1,400

Therefore, the amount of these costs Crimson may deduct is $1,400.

7 0

3 years ago

Damon convinced his aunt to lend him $6,900 to purchase a plasma digital TV. She has agreed to charge only 12 percent simple int

siniylev [52]

Answer:

444

Explanation:

Simple Interest for a year can be calculated using

I = PRT/100

P= Principle amount

R= percent simple interest

T= time

(3700)(12)(1)/100 = 444

3 0

3 years ago