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vredina [299]
2 years ago
14

g The Deluxe Division, a profit center of Riley Manufacturing Company, reported the following data for the first quarter of 2019

: Sales $9,000,000 Variable costs 6,300,000 Controllable direct fixed costs 1,200,000 Noncontrollable direct fixed costs 530,000 Indirect fixed costs 300,000 (a) Prepare a performance report for the manager of the Deluxe Division.
Business
1 answer:
SIZIF [17.4K]2 years ago
8 0

Answer:  Please find answers in explanation column

Explanation:

To know  the performance of a profit center like  Riley Manufacturing Company, the company will need to know  information  on the controllable margin which shows the excess of contribution margin over the controllable fixed cost  which measures how managers can  control revenues and costs.

Management Performance report for Deluxe Division of Riley Manufacturing Company.

Particulars                                       Amount

Sales                                             $9,000,000

Variable costs                               $ 6,300,000

Contribution margin

(sales - Variable costs )                 $2,700,000

Controllable fixed cost                   $1,200,000

Controllable cost/Margin               $1,500,000

(Contribution  margin -Controllable fixed cost   )

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Activity based costing _____________
Ilia_Sergeevich [38]

Answer:

1. groups costs into meaningful buckets that are then distributed based on the activity or product they support.

Explanation:

Activity based costing basically categorizes various overheads into different activities, that leads to charge of overheads based on different activities.

In this manner overheads that shall be charged on some standard products based on the activities involved is charged accordingly, and not based on standard overhead allocation rate.

Basically the overheads are divided into various activities and then distributed  to each product based on the volume of activity in the manufacturing process of such activity.

7 0
2 years ago
Assume that Germany and China can produce beer and cloth. If the MPLc/MPLb for Germany is 2/5 and the MPLc/MPLb for China is 1,
elena55 [62]

Answer: c. specialize in producing beer and export beer.

Explanation:

As per the Theory of Competitive Advantage posited by David Ricardo, a country should specialize in the good that it has a competitive advantage in. A country has a competitive advantage if it incurs a less opportunity cost in producing the good.

Opportunity cost of producing beer for Germany = MPLc/MPLb = 2/5

Opportunity cost of producing beer for China = MPLc/MPLb = 1

Germany has a lower cost of producing beer so they should specialize in this and export it.

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2 years ago
The sales manager for Smith Exports is deciding on the firm's distribution strategy in several markets. He wants to know which f
NNADVOKAT [17]

Answer:

The correct answer is letter "C": entry of large discount superstores.

Explanation:

A channel length is composed of the number of middlemen in the distribution channel of a product. The more intermediaries between buyers and sellers the larger the channel length. Under that scenario, if there are more discount superstores in a market such as Walmart or Costco manufacturers can directly offer their goods to them so consumers can find them available in their stores. The channel length would be small, then.

5 0
3 years ago
You buy a call option and a put option on general electric. both the call option and the put option have the same exercise price
viktelen [127]
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2 years ago
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shepuryov [24]

Answer:

The answer is easy and simple to understand.

First of all, it ill be generally good for your business, price levels of materials required and services will remain at a reasonable level so you can afford them.

Moreover, the cost of financing will be bearable and low. Since the interest rates are low, more money can be borrowed to expand your business venture.

Economic book means more employment opportunities, and as the supply of labor increases. the cost or the wage rate can remain at a reasonable and fair level for both the employers and employees.

The currency exchange rates will be stable and will not deviate heavily during the economic boom period, making importing and importing fairly easy for your business.

However, since the economy is rigorous and healthy, more entrepreneurs will enter the market and the competition will  be sever.

Moreover, foreign investors and businesses with new technologies, products and practices may enter your market, making it a bit difficult for you.

Explanation:

4 0
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