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3 years ago

10

There are three rooms. The first one is filled with very important papers. The second one is filled with money. The third one is

filled with jewelry. One day all of these rooms burst into fire. Which room did the policemen put out the fire in first?

2 answers:

Kryger [21]3 years ago

8 0

All of them at the same time? This is hard.... 0.0

chubhunter [2.5K]3 years ago

3 0

I'd go with the first room.

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A sporting goods manufacturer budgets production of 57,000 pairs of ski boots in the first quarter and 48,000 pairs in the secon

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Answer:

Cost of purchase for first quarter = $766,500

Explanation:

Total production of current quarter = 57,000 pairs

Raw material required for above = 57,000 X 2 kg per pair = 114,000 kg

Less: Opening inventory of raw material 28,500 kg = 114,000 - 28,500 = 85,500 kg required for quarter 1

Also provided that closing inventory shall be 25% of total raw material required for next quarter.

Raw material required in second quarter = 48,000 pairs X 2 kg each = 96,000 kg

25% of above = 96,000 X 25% = 24,000 kg

Total raw material to be purchased in current quarter that is first quarter = 85,500 kg + 24,000 kg = 109,500 kg

Rate not provided assumed to be same as of opening inventory that is $7 per kg, therefore cost of purchase for first quarter = 109,500 kg X $7 = $766,500

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What can I do to block out screaming/ fighting parents?

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Tell them to shut up and let you do your work

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Sunland Companybudgeted manufacturing costs for 60000 tons of steel are: Fixed manufacturing costs $50000 per month Variable man

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Answer:

$710,000

Explanation:

A flexible budget is a type of budget that changes in relative to the volume of output

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2 years ago

Below are departmental income statements for a guitar manufacturer. The manufacturer is considering dropping its electric guitar

s2008m [1.1K]

Answer:

Wholesale Guitars

WHOLESALE GUITARS

Departmental Contribution Income Statements

For Year Ended December 31, 2013

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Sales $ 111,500 $ 105,500

Cost of goods sold 55,675 66,750

Variable operating expenses 29,480 24,200

Total variable costs $85,155 $90,950

Contribution margin $26,345 $14,550

Total fixed (indirect) costs $17,225 $14,750

Net operating income (loss) $9,120 $(200)

Explanation:

a) Data and Calculations:

WHOLESALE GUITARS

Departmental Income Statements

For Year Ended December 31, 2013

Acoustic Electric

Sales $ 111,500 $ 105,500

Cost of goods sold 55,675 66,750

Gross profit 55,825 38,750

Operating expenses

Advertising expense 8,075 6,250

Depreciation expense-equipment 10,150 9,000

Salaries expense 17,300 13,500

Supplies expense 2,030 1,700

Rent expense 6,105 5,950

Utilities expense 3,045 2,550

Total operating expenses 46,705 38,950

Net income (loss) $ 9,120 $ (200 )

Total operating expenses 46,705 38,950

Less fixed costs:

Advertising expense 8,075 6,250

Rent expense 6,105 5,950

Utilities expense 3,045 2,550

Total fixed (indirect) costs $17,225 $14,750

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2 years ago

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Murrr4er [49]

Answer: D. 15%

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The IRR is the discount rate that will make the Net Present Value to be 0.

In other words, the IRR is the discount rate that will make the cash inflow from the investment to be equal to the investment amount.

As the cashflow is constant, it is an annuity and so can be calculated by the Present Value Interest Factor.

Investment cost = $1,100,000

Using the options given;

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Discount rate - 15%

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= $1,100,000‬

IRR is 15% as Present value of Cash inflow is equal to Investment cost at a discount rate of 15%.

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