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steposvetlana [31]
4 years ago
9

Kitchen Convenience Company manufactures two products - toaster ovens and bread machines. The following data are available:

Business
1 answer:
nekit [7.7K]4 years ago
7 0

Answer:

Option (c) is correct.

Explanation:

Given that,

Bread Machines:

Sales price = $160

Variable costs = $70

Production capacity = 2,000 machine hours per month

Contribution margin =  Selling price - Variable cost

                                 = $160 - $70

                                 = $90

Contribution margin per machine hour for bread machines:

= Contribution margin × Unit per hour

= $90 × 4

= $360

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Zigmanuir [339]
<span>AFP and AMA

AFP american family physician
AMA american medical association</span>
8 0
3 years ago
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Authentic Thai rattan chairs are delivered to Gary Schwartz's chain of retail stores, called The Kathmandu Shop, once a year. Th
Ugo [173]

Answer:

The optimal quantity of safety stock which minimizes expected total cost is _ units is <u>100 units</u>.

Explanation:

Incremental Costs would be considered here to evaluate which safety stock level is the best for the company.

The working is as under:

<u>Safety Stock</u>  <u>Carrying Cost</u>      <u>Stock-out Cost</u>                    <u>Total Cost</u>

   0                        0                     (100*0.2 + 200*0.2) * 80         4,800

 100                100*30 = $3000   (100 * 0.2) * 80                        1,600

200               200*30 = $6000   (200 * 0.2) * 80                       3,200

The total cost has started growing as the safety starts growing above the 100 units level. This means that the safety stock must be 100 units as the cost at this level is the lowest to the company.

5 0
3 years ago
Assume that a firm reports net income of $45,000 prior to making adjusting entries for the following items: expired rent, $3,500
tigry1 [53]

Answer:

The errors have resulted in the overstatement of net income by $9,400. Actual net income is $35,600

Explanation:

Expired rent is usually accounted for by debiting rent expense and crediting prepaid rent account. As such this is an additional expenses that will be deducted from sale to get the net income.

Depreciation expense on asset is recorded by debiting depreciation expense and crediting accumulated depreciation. Again, it is an additional expenses that will be deducted from sale to get the net income.

Supplies used is a debit to supplies expense and a credit to the supplies account (B/s). Hence, it is an additional expenses that will be deducted from sale to get the net income.

Hence the total additional expense to be recorded

= $3,500 + $4,100 + $1,800

= $9,400

When recorded, net income

= $45,000 - $9,400

= $35,600

3 0
3 years ago
In a print advertisement, items used to identify the sponsor of the ad, such as the company logo or usp, are referred to as.
AVprozaik [17]

In a print advertisement, items used to identify the sponsor of the ad, such as the company logo or USP, are referred to as Brand elements

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Advertising management is a planned managerial process designed to oversee and control the various advertising activities involved in a program to communicate with a firm's target market and which is ultimately designed to influence the consumer's purchase decisions. Advertising is just one element in a company's promotional mix and as such, must be integrated with the overall marketing communications program.

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3 0
2 years ago
In 2019, Winn, Inc. issued $1 par common stock for $35 per share. No other common stock transactions occurred until July 31, 202
Vadim26 [7]

Answer:

b. <em> </em>Additional paid-in capital is decreased

Explanation:

The entry to record acquisition and retirement is:

                                                                 Debit          Credit

Common stock                                           $1  

Paid-in capital—excess of par                  $34  

   <em> Paid-in capital—share repurchase                        $5</em>

    Cash                                                                  $30

<em>Conclusion: </em>Additional paid-in capital is decreased.  

7 0
3 years ago
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