Answer:
A schedule of cash payments for April, May, and June is prepared.
Explanation:
The following image shows the calculation and explanation of the cash payment schedule.
Answer:
Explanation:
1. Jasper Company
Income Statement
Sales (280000 x $12) $3360000
<u>Less: Cost of goods sold</u>
Add: Direct Material $180000
Add: Direct Labor $505000
Add: Manufacturing Overhead <u>$110000</u>
Cost of goods sold <u>($795000)</u>
Gross Profit $ 2565000
<u>Less: Expenses</u>
Selling expense $437000
Administrative expense <u>$854000</u>
Total expenses <u>($1291000)</u>
Net income <u> $1274000</u>
Percentage of sales for each line item
Sales = 100%
Cost of goods sold:
x 100= 23.7%
Selling expense :
x 100 = 13%
Administrative expense:
x 100 = 25.4 %
2. According to the income statement in requirement 1, the manager can control cost by outsourcing the product if it is cheaper to get it from a third party in order to cut/control cost of goods sold.
Manager can also try controlling the administrative expenses as they are taking a bigger proportion than any other cost/ expense.
<span>Annualized consumption dropped immensely in November 2008. The 5 years prior to 2008 were some of our strongest yet, also, a GDP of $14 trillion is nothing to balk at. I am thoroughly surprised that the decline we experienced then came so soon after a long streak of winning.</span>
Answer:
Skylar wants to pay off her college student loans within five years and Lukas wants to earn at least $40,000 per year.
Answer:
Answer for the question:
Assume an organization's current service level on order fill is as follows:
Current order fill 80%
Number of orders per year 5,000
Percent of unfilled orders back-ordered 70%
Percent of unfilled orders cancelled 30%
Back order costs per order $150
Lost pretax profit per cancelled order $12,500
a) What is the lost cash flow to the seller at this 80 percent service level?
b) What would be the resulting increase in cash flow if the seller improved order fill to 92 percent
c) If the seller invested $2 million to produce this increased service level, would the investment be justified financially?
d) What is the role of activity-based costing in customer relationship management? In customer segmentation?
is given in the attachment.
Explanation: