1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mamont248 [21]
3 years ago
10

Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing chocolate bars are cocoa, sugar, and milk.

The standard costs for a batch of chocolate (5,000 bars) are as follows: Ingredient Quantity Price Cocoa 500 lbs. $1.40 per lb. Sugar 100 lbs. $0.50 per lb. Milk 250 gal. $1.60 per gal.Required:Determine the standard direct materials cost per bar of chocolate.
Business
1 answer:
melisa1 [442]3 years ago
7 0

Answer:

Unitary cost= $0.23 per unit

Explanation:

Giving the following information:

Standard costs (5,000 bars):

Cocoa 500 lbs. $1.40 per lb.

Sugar 100 lbs. $0.50 per lb.

Milk 250 gal. $1.60 per gal.

<u>First, we need to calculate the total cost:</u>

Total cost= 500*1.4 + 100*0.5 + 250*1.6

Total cost= $1,150

<u>Now, the unitary cost:</u>

Unitary cost= 1,150/5,000

Unitary cost= $0.23 per unit

You might be interested in
Marigold Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first y
ohaa [14]

Answer:

Dr cash      $ 2,473,500.00  

Cr preferred stock                                                       $ 2,425,000.00  

Cr  paid-in capital in excess of par-preferred stock $48,500

Dr cash                        $  3,422,000.00  

Cr preferred stock                                                       $ 2,900,000

Cr  paid-in capital in excess of par-preferred stock $522,000

Explanation:

The issue of preferred shares on Feb 1 would result in cash proceeds of $ $2,473,500.00   i.e (48,500*$51)

The proceeds would be debited to cash while preferred stock account is credited with par amount of $ 2,425,000.00 (48,500*$50) and the remaining amount of $ 48,500.00   is credited to paid-in capital in excess of par-preferred stock.

The issue of preferred shares on July 1 would result in cash proceeds of  $3,422,000.00     i.e (58,000*$59)

The proceeds would be debited to cash while preferred stock account is credited with par amount of $ 2,900,000.00   (58000*$50) and the remaining amount of $ 522,000.00    is credited to paid-in capital in excess of par-preferred stock

 

 

3 0
3 years ago
Round Hammer is comparing two different capital structures: An all-equity plan (Plan I) and a levered plan (Plan II). Under Plan
amid [387]

Answer:

A) total debt = $2,230,000 and it represents 175,000 - 125,000 = 50,000 outstanding shares

price per share = $2,230,000 / 50,000 = $44.60 per share

B) enterprise value = 175,000 x $44.60 =  $7,805,000

According to M&M proposition I, the enterprise value is the same with or without any outstanding debt. So the company's value is the same for both alternatives.

5 0
3 years ago
Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note t
jeka94

Answer:

the project's MIRR is 13.84 %

Explanation:

MODIFIED INTERNAL RATE OF RETURN (MIRR)

-It is the rate that causes the Present Value of the Terminal Value (Future Cash flows at the end of the Project) to equal Present Value of Cash outflows.

-MIRR assumes a reinvestment rate at the end of the project

The First Step is to Calculate the Terminal Value at end of year 3.

Terminal Value (FV) = Sum of (PV x (1 + r) ^ 3 - n)

                   = $450 x (1.09) ^ 2 + $450 x (1.09) ^ 1 + $450 x (1.09) ^ 0

                   = $534.65 + $490.50 + $450.00

                   = $1,475.15

The Next Step is to Calculate the MIRR using a Financial Calculator :

(-$1,000)          CFj

0           CFj

0           CFj

$1,475.15   CFj

Shift IRR/Yr 13.84 %

Therefore, the project's MIRR is 13.84 %.

6 0
3 years ago
________ leaders inspire followers to transcend their self-interests for the good of the organization and can have an extraordin
dsp73

The answer to this question is Transformational leaders.

<span>Transformational leaders are leaders who inspire their subordinates / followers by being a role model in order for the members or followers to enhance their performance. Transformational leaders increase the morale of the members by creating a vision for them to be guided and inspire the members to do their best and be motivated always.</span>

8 0
3 years ago
Vocational education is one path to a career
balu736 [363]

Answer:

It's true I think if I'm wrong do tell me.

5 0
3 years ago
Other questions:
  • Sam has taxable income of $350,000 dollars. Sam's nephew Adam has taxable income of $3,500. What federal income tax rate applies
    12·1 answer
  • At a price $4 for good x, a firm is willing to supply 1,400 units of x. for a price of $5 for good x, the firm is willing to sup
    5·1 answer
  • The basis for classifying assets as current or noncurrent is conversion to cash within A. the operating cycle or one year, which
    10·1 answer
  • Which of the following is an example of an intrinsic reward? employee recognition employee stock option gainsharing bonus profit
    12·1 answer
  • The special fund established by the legislature to help compensate victims of real estate licensee fraud is the: ____
    12·1 answer
  • Umatilla Bank and Trust is considering giving Pronghorn Corp a loan. Before doing so, it decides that further discussions with P
    13·1 answer
  • The measurement of earnings concept that consists of a company’s profit from operations after taxed are subtracted is ________.
    12·1 answer
  • Air Atlantic has leased out a 3-year old jet under a 10-year arrangement. The lease requires the lessee to pay Air Atlantic annu
    6·1 answer
  • Which of the following is NOT part of a Kaizen event?
    9·1 answer
  • How can you have a positive Net Worth (Assets - Liabilities) but still struggle with making payments and having access to money?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!