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
iren [92.7K]
3 years ago
8

Chang Industries has 2,500 defective units of product that have already cost $14.50 each to produce. A salvage company will purc

hase the defective units as they are for $5.60 each. Chang's production manager reports that the defects can be corrected for $5.50 per unit, enabling them to be sold at their regular market price of $22.00. The incremental income or loss on reworking the units is:
Business
1 answer:
Lubov Fominskaja [6]3 years ago
7 0

Answer:

$27,250

Explanation:

The computation of incremental income or loss on reworking the units is shown below:-

For computing the incremental income or loss on reworking the units first we need to follow some steps which is shown below:-

Incremental revenue per unit = Selling price after rework - Selling price as scrap

= $22.00 - $5.60

= $16.40

Total Incremental Revenue = Incremental revenue per unit × Total defective units

= $16.40 × 2,500

= $41,000

Total rework costs = Total defective units × Defects per unit

= 2,500 × $5.50

= $13,750

Now,

Incremental income or loss on reworking the units = Total Incremental Revenue - Total rework costs

= $41,000 - $13,750

= $27,250

You might be interested in
What would be the best time for a person to buy a franchise?
VashaNatasha [74]
When your financially comfortable
3 0
3 years ago
Read 2 more answers
Jade is concerned about her risk of osteoporosis. to help reduce her risk of this condition, jade should ________.
Alexandra [31]
The correct answer is Physical Activity Level.

Physical Activity Level or also known as PAL is best described as a way to explicit a person's daily physical hobby as quite a number, and is used to estimate a person's overall strength expenditure. In combination with the basal metabolic rate, it could be used to compute the amount of food power someone needs to eat so as to keep a selected way of life.
3 0
3 years ago
Read 2 more answers
enny has applied for a loan to purchase a home and learns that she is unable to qualify for any loan other than a high-cost mort
nataly862011 [7]

Answer: C. MortgageMax may pay the counseling fees, but is prohibited from steering Jenny towards a particular counselor or allowing her to complete counseling from one of its affiliates.

Explanation:

MortgageMax is violating the law in recommending a particular counselor and recommending one of its affiliates. Lenders are not allowed to direct a loan candidate to a certain counselor in order to avoid any unfortunate situations that arise from the counselor being partial to the lender.

Lenders are also prohibited from offering the counselling via an affiliate for the same reason above. They are however, allowed to pay for the counselling.

5 0
3 years ago
The Henry Ford Health System (a health care provider) has set strict limits for pharmaceutical representatives, and will no long
jeka57 [31]

Answer:

The correct answer to this question is A) it reduces the chances that Henry food health system might make any unethical purchasing decisions.

Explanation:

Ethics can be defined as the morals or principles that a person o group of person or a company believes in. Henry food health system doesn't want its doctors to accept gifts, free lunches or any kind of such perks from the pharmaceutical representative because Henry food health system thinks by providing such gifts and perks, these representatives might influence their doctors decision regarding the purchase and it might lead to doctors making an unethical decision.

4 0
3 years ago
Suppose that California Co., a U.S. based MNC, seeks to capitalize a difference in interest rates between euros and British poun
luda_lava [24]

Answer: See explanation

Explanation:

The loan repayment of the 5000 euros after one month will be:

= 500,000 × (1 + .5%)

= 500,000 × 1.0005

= 502,500

Converting 502500 euros to pounds will be:

= 502500/1.25

= 402,000

Therefore, the pounds remaining will be:

= 612,000 - 402,000

= 210,000 pounds

If California Co. borrowed these euros at the prevailing rate of 0.50% percent, they must repay a total of (502500 euros). At the cross rate of 1.25, this repayment is equivalent to (402,000) pounds. Thus, after repaying the loan, California Co. will have (210,000) pounds.

7 0
3 years ago
Other questions:
  • Producers use marketing intermediaries because they ________.
    5·1 answer
  • Most companies allocate facility-level activity costs directly to products for decision-making purposes.True or false?
    5·1 answer
  • Mary, Ann, and Beth are partners. Their capital balances​ are, ​; ​; and ​, respectively. As per the partnership​ agreement, Mar
    13·1 answer
  • why does the unemploymenr rate remain about zero percent during economic expansions? is this a good or bad thing for the economy
    8·1 answer
  • A young couple living in rural west-central Missouri heard about the closing of a local grocery store. Although a small operatio
    9·1 answer
  • Consider three different closed economies with the following national income statistics. Country A has taxes of $40 billion, tra
    8·1 answer
  • Identify the following is structural, frictional, cyclical and seasonal employment.
    7·1 answer
  • The Pita Pit borrowed $198,000 on November 1, 2021, and signed a six-month note bearing interest at 12%. Principal and interest
    12·1 answer
  • What tax event must take place when a taxpayer receives a Form 1099-A?
    12·1 answer
  • Why does a country need to have a comparative advantage in a particular product in order to engage in trade with another country
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!