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4 years ago

As a company grows, it may become necessary for it to create an ______

Business

1 answer:

viva [34]4 years ago

4 0

Answer:

As a company grows, it may become necessary for it to create an Organizational chart which is a visual display of the organizational structure which contains lines of authority (chain of command), staff relationships, permanent committee arrangements, and lines of communication.

Explanation:

The organization chart is a chart indicating the connection of one department graphically to another, or others, of an organization. It is additionally used to show the relationship of one office to another, or others, or of one capacity of an association to another, or others.

Using the organization chart continuously, show the "structure of a business", government, or other association. Organization diagrams have an assortment of employments and can be organized from multiple points of view.

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Sara’s Salsa Company produces its condiments in two types: Extra Fine for restaurant customers and Family Style for home use. Sa

Len [333]

Answer:

1.$4.29 per cases

2. Extra Fine $14.29

Family Style $13.29

3a. Extra Fine $4.71

Family Style $0.29

3b. What might the management conclude about the Family Style Salsa product line is that Family Style salsa are not yielding profit which may may inturn make make the company to stop the production of the product in a situation where either the cost are not reduced or where the price.

Explanation:

1. Computation for the overhead cost that is assigned to each case of Extra Fine Salsa and each case of Family Style Salsa using Plantwide overhead rate

Using this formula

Overhead cost=Total overhead cost/Total volume

Let plug in the formula

First step is to calculate the Total overhead cost

Total overhead cost = $130,800 + $349,000 +$206,000

Total overhead cost =$685,800

Second step is to calculate the Total volume

Total volume= 35,000 + 125,000 cases

Total volume=160,000 cases

Now let calculate the Overhead cost

Overhead cost=$685,800/160,000 cases

Overhead cost=$4.29 per cases (rounded)

Therefore since we are making use of plantwide rate which means that same overhead cost of the amount of $4.29 per cases will be assigned to each of the two case .

2. Calculation to determine the total cost per case for the two products

Extra Fine Family Style

Direct materials + Direct Labor $ 10.00 $ 9.00

Add Overhead $4.29 $4.29

Manufacturing cost per case $ 14.29 $ 13.39

Therefore the the total cost per case for the two products will be:

Extra Fine $14.29

Family Style $13.29

3-A Calculation to determine the gross profit per case for each product.

Extra Fine Family Style

Selling price per case $ 19.00 $ 13.00

Less Manufacturing cost per case $14.29 $13.29

Gross profit (loss) per case $ 4.71. $ (0.29 )

Therefore the gross profit per case for each product will be ;

Extra Fine $4.71

Family Style $0.29

3-b. Based on the above Calculation What might the management conclude about the Family Style Salsa product line is that Family Style salsa are not yielding profit which may may inturn make make the company to stop the production of the product in a situation where either the cost are not reduced or where the price.

3 0

3 years ago

Coronado Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to tota

Anni [7]

Answer:

Estimated manufacturing overhead rate= $2.32 per machine hour.

Explanation:

Giving the following information:

Overhead costs are estimated to total $292,552 for the year, and machine usage is estimated at 126,100 hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 292,552/126,100= $2.32 per machine hour.

5 0

4 years ago

Working with teammates who have different personality types is a requirement of productive team discussion. Which of the followi

Karolina [17]

Answer:

The correct answer is c. Conciseness

Explanation:

A concise person will very rarely discuss topics in depth to propose healthier solutions for everyone, therefore it is considered that he is not an important or required personality type in this type of discussions. Extroversion and acceptability are usually the most common and appropriate to this, so they develop a higher level of discussion and therefore a solution to the problems that are presented.

8 0

3 years ago

Renegade Publishers Inc. projected sales of 29,000 diaries for 2016. The estimated January 1, 2016, inventory is 1,200 units, an

likoan [24]

Answer:

30,800 units

Explanation:

Production Budget for 2016

Budgeted Sales 29,000

Add Budgeted Closing Inventory 3,000

Total 32,000

Less Budgeted Opening Inventory (1,200)

Budgeted Production 30,800

therefore,

The budgeted production (in units) for 2016 is 30,800 units

4 0

3 years ago

Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 –$419,000 –$37,000 1 47,000 19,800 2

allochka39001 [22]

Answer:

a. The payback period for project A=3.44 years, and the payback period for project B=2.21 years.

b. Net present value for project A=$78,560.951, and the Net present value for project B=$11,694.239

c. IRR for Project A= 16.57% and IRR for Project B=25.72%

d. Probability index (P.I) for Project A=1.187 and the Probability index (P.I) for Project B=1.316

e. The final decision should be based on the NPV since it doesn't have the ranking problem that is usually associated with other capital budgeting techniques. I would choose Project A since it has a higher Net Present Value (NPV) as compared to Project B.

Explanation:

PROJECT A PROJECT B

Year Cash flow Cash flow

0. $419,000 $37,000

1. $47,000 $19,800

2. $59,000 $13,900

3. $76,000 $15,600

4. $534,000 $12,400

The payback period for Project A can be determined as follows;

The cash flows at Year 0 represent the initial investment to the project. The payback period is the number of years it will take until the return on the project is equal to the initial investment. This can be calculated as shown;

419,000-(47,000+59,000+76,000)

=419,000-182,000=$237,000

After 3 years, the total cash flow will be=$182,000 which is still $237,000 less from the initial investment. Determine the number of months in the fourth year that it will take to cover the remainder;

(237,000/534,000)=0.44 years

Total number of years=3+0.44=3.44 years

The payback period for project A=3.44 years

The payback period for Project B can be determined as follows;

37,000-(19,800+13,900)

=37,000-33,700=$3,300

After 2 years, the total cash flow will be=$33,700 which is still $3,300 less from the initial investment. Determine the number of months in the third year that it will take to cover the remainder;

(3,300/15,600)=0.21 years

Total number of years=2+0.21=2.21 years

The payback period for project B=2.21 years

Net present value for project A is;

NPV=-419,000+{47,000/(1+0.11)}+{59,000/((1+0.11)^2)}+{76,000/((1+0.11)^3)}+534,000/((1+0.11)^4)=-419,000+(42,342.342+47,885.724+55,570.545+351,762.340=$42,378,560.61

Net present value for project A=$78,560.951

Net present value for project B is;

NPV=-37,000+{19,800/(1+0.11)}+{13,900/((1+0.11)^2)}+{15,600/((1+0.11)^3)}+12,400/((1+0.11)^4)=-37,000+(17,837.837+11,281.552+11,406.586+8,168.264=$11,694.239

Net present value for project B=$11,694.239

The IRR for each project A is:

$419,000 = $47,000 / (1 + IRR) + $59,000 / (1 + IRR)^2 + $76,000 / (1 + IRR)^3 + $534,000 / (1 + IRR)^4

Using a spreadsheet, financial calculator, or trial and error to find the root of the equation, we find that:

IRR = 16.57%

The IRR for each project B is:

$37,000 = $19,800 / (1 + IRR) + $13,900 / (1 + IRR)^2 + $15,600 / (1 + IRR)^3 + $12,400 / (1 + IRR)^4

Using a spreadsheet, financial calculator, or trial and error to find the root of the equation, we find that:

IRR = 25.72%

Probability index (P.I) for Project A;

P.I=[{47,000/(1+0.11)}+{59,000/((1+0.11)^2)}+{76,000/((1+0.11)^3)}+534,000/((1+0.11)^4)]/419,000=(42,342.342+47,885.724+55,570.545+351,762.340=1.187

The Probability index (P.I) for Project A=1.187

Probability index (P.I) for Project B;

[{19,800/(1+0.11)}+{13,900/((1+0.11)^2)}+{15,600/((1+0.11)^3)}+12,400/((1+0.11)^4)]/37,000=(17,837.837+11,281.552+11,406.586+8,168.264=1.316

The Probability index (P.I) for Project B=1.316

The final decision should be based on the NPV since it doesn't have the ranking problem that is usually associated with other capital budgeting techniques. I would choose Project A since it has a higher Net Present Value (NPV) as compared to Project B.

4 0

3 years ago