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S_A_V [24]
3 years ago
6

Sanyo Corporation manufactures a popular model of business calculators in a suburb of Seoul, South Korea. The production process

goes through two departments: assembly and testing. The following information (in thousands of South Korean currency, the won) pertains to the testing department for the month of July.
Work-in-Process Inventory, July 1 6,000 units
Transferred-in costs 94,900 won (100% complete)
added in July Direct materials 33,970 won (100% complete)
Conversion 46,880 won (80% complete)

During the month of July, 15,000 units were transferred in from the assembly department at the cost of 148,700 won, and the testing department added costs of 209,940 won, as follows:

Direct materials 96,440 won
Conversion 113,500 won

During the month, 18,000 units were completed and transferred to the warehouse. At July 31, the completion percentage of Work-in-Process was as follows:

Direct materials 90%
Conversion 60%

Required
Prepare the production cost report of the testing department for the month of July using weightedaverage process costing.
Business
1 answer:
Elden [556K]3 years ago
5 0

Question a)

The sum of the <u>Total assets</u> plus <u>total fixed assets</u> results in <u>total assets</u>.

Question b)

The division of <u>Net sales</u> over <u>total assets</u> results in <u>Asset Turnover</u>

Question c)

The subtraction of the <u>cost of good sold</u> from <u>net sales</u> is equal to the <u>gross margin</u>

Question d)

The subtraction of <u>Operating expenses</u> from <u>gross margin</u> results in the <u>Net Operating profits, before the taxes.</u>

Question e)

The subtraction of <u>Taxes</u> from <u>Net Profit before tax</u> results in <u>Net profit after taxes</u>

Question f)

The division of <u>Net profit after tax </u>over the <u>Net saves</u> gives you the <u>Net profit margin percentage.</u>

Question g)

The division of <u>Net profit Margin percent</u> over the <u>asset turnover </u>results in a <u>return on assets. </u>

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What reasons would you give for the reaction of consumers to price changes​
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Answer:

At first, the consumer might think that the watch might be more exclusive than before. Or consumer also might think that the company is so greedy to get more profits. Similarly, if the company cutting off price may have the negative impact on the consumer mind.

Uh yes my answer

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2 years ago
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The shareholders need to earn 20%. The firm can borrow at 5%. The risk free rate is 2%. The tax rate is 40%. Find the weighted a
lbvjy [14]

Answer:

11.5%

Explanation:

The computation of the weighted average cost of capital is shown below:

= Weightage of debt × cost of debt × ( 1- tax rate) + (Weightage of  common stock) × (cost of common stock)

= (0.50 × 5%) × ( 1 - 40%) +  (0.50 × 20%)

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Basically we multiplied the weightage of capital structure with its cost so that the weighted average cost of capital could come

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3 years ago
Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the
telo118 [61]

Answer:

a. $175.50 and $11,060,000

b. $31,242,500

Explanation:

The computation of the fixed cost and the variable cost per unit by using high low method is shown below:

Variable cost per units = (High total cost - low total cost) ÷ (High units produced - low units produced)

= ($32,120,000- $25,100,000) ÷ (120,000 units - 80,000 units)

= $7,020,000 ÷ 40,000 units

= $175.50

Now the fixed cost equal to

= High total cost - (High units produced × Variable cost per unit)

= $32,120,000 - (120,000 units × $175.50)

= $32,120,000 - $21,060,000

= $11,060,000

Now the estimated total cost is would be

= Fixed cost + expected units of production × variable cost per unit

= $11,060,000 + 115,000 units × $175.50

= $11,060,000 + $20,182,500

= $31,242,500

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When making competitive priority decisions the firm <u>"must make trade-off decisions".</u>


Making decisions requires exchanging off one thing against another.  

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