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3 years ago

Afte a break, always review your work to

Business

1 answer:

Rainbow [258]3 years ago

5 0

Make sure you remember/ keep up with the work you hung on to.

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Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and

Fiesta28 [93]

Answer:

Some financial details with which to calculate the bid price are missing,find them in the attached question.

The bid price if the predetermined overhead rates have applied is $112,473.00 as shown below

Explanation:

a) Plantwide Overhead Rate = Manufacturing overhead/direct labor cost=$1,543,610.00/$947,000.00

Plantwide Overhead Rate = $1.63

Total Manufacturing Cost = Direct Material + Direct Labor + overhead applicable

Total Manufacturing Cost = $18,700.00+$21,400.00 + $(21400*1.63 )

Total Manufacturing Cost = $ 74,982

Bid Price = Total Manufacturing Costs *1.5(150%)

Company's Bid Price = $74,982.00*1.5

Company's Bid Price = $ 112,473.00

5 0

4 years ago

Bennett Co. has a potential new project that is expected to generate annual revenues of $260,300, with variable costs of $143,20

patriot [66]

Answer:

$45,340

Explanation:

Calculation to determine the annual operating cash flow

Sale $260,300

Less: Operating Cost $143,200

Contribution $117,100

($260,300-$143,200)

Less: Fixed Cost $60,700

Less: Depreciation as per table given below $24,800

Profit before tax $31,600

($117,100-$60,700-$24,800)

Tax $11,060

($34%$31,600)

Profit After Tax $20,540

($31,600-$11,060)

Add Depreciation $24,800

Cash Profit After tax $45,340

($20,540+$24,800)

Therefore the annual operating cash flow is $45,340

3 0

3 years ago

What changes over time depending on the rate of return?

valentina_108 [34]

It changes over time, depending on the expected rate of return on productive assets exchanged among market participants and people's time preferences for consumption.

4 0

4 years ago

If an organization does not develop programs in-house, then the development group of the information system (IS) department will

Nitella [24]

Answer:

C) Business and systems analysts

Explanation:

Business and systems analysts primarily work with users, operations, and vendors to acquire and install licensed software and to set up the system components around that software.

They can be found in the information system (IS) department of an organization.

4 0

4 years ago

Read 2 more answers

A customs duty is best described as a ____________. a. tax paid on exported goods c. fee paid by countries that wish to implemen

Aneli [31]

A customs duty is best described as a B.) TAX PAID ON IMPORTED GOODS.

This tax is levied to increase the state revenue as well as protect domestic businesses that are of the same industry as those imported goods.

5 0

3 years ago