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
attashe74 [19]
3 years ago
8

Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company�s products, a football helmet for the N

orth American market, requires a special plastic. During the quarter ending June 30, the company manufactured 3,500 helmets, using 2,485 kilograms of plastic. The plastic cost the company $16,401. According to the standard cost card, each helmet should require 0.64 kilograms of plastic, at a cost of $7.00 per kilogram.Required:1. According to the standards, what cost for plastic should have been incurred to make 3,500 helmets? How much greater or less is this than the cost that was incurred? (Round Standard kilograms of plastic per helmet to 2 decimal places.)Image for Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company as products, a footbaImage for Bandar Industries Berhad of Malaysia manufactures sporting equipment. One of the company as products, a footba

Business
1 answer:
ArbitrLikvidat [17]3 years ago
8 0

Answer: 1: standard cost of total helmets $15,680

2:

Explanation:

See attached file

You might be interested in
Contribution Margin and Contribution Margin Ratio
emmainna [20.7K]

Answer:

See below

Explanation:

Variable food and packaging = $6,129.7

Variable payroll = $4,756.0

Variable general, selling and administrative expenses = 40% × $2,487.9 = $995.16

Fixed general, selling and administrative expenses = 60% × $2,487.9 = $1,492.74

Fixed occupancy = $4,402.6

Total fixed cost = $1,492.84 + $4,402.6 = $5,895.34

Total variable cost = Variable food and packaging + Variable payroll + Variable general, selling and administrative expenses

= $6,129.7 + $4,756 + $995.16

= $11,880.86

a. McDonald's contribution margin

= Sales - Variable cost

= $18,169.3 - $11,880.86

= $6,288.44

b. McDonald's contribution margin

= Contribution margin / Sales

= $6,288.44 / $18,169.3

= 34.61%

c. Increase in operating income

= $500 million × 34.71

= $173,050,000

7 0
3 years ago
How did the completion of the Transcontinental Railroad affect companies that made products?
kotegsom [21]
The Transcontinental Railroad affected companies that made products because c<span>ompanies could ship goods cheaply over long distances.</span>
3 0
4 years ago
Read 2 more answers
The primary source of earnings of commercial banks is income derived froma. the use of deposits to extend loans and undertake in
weqwewe [10]

Answer:

a. the use of deposits to extend loans and undertake investments.

Explanation:

When you deposit money at a bank, they do not just hold on to all that money. They will loan some of it out to other people and charge them interest for borrowing it. They will also use some of it to purchase investments that earn returns (money). This is the most lucrative source of earnings for commercial banks.

7 0
3 years ago
A country's balance of trade refers to the value of its
Rashid [163]

Answer:

Balance of trade (BOT) is the difference between the value of a country's exports and the value of a country's imports for a given period.

Explanation:

6 0
2 years ago
The following balances were taken from the books of Splish Corp. on December 31, 2017.Interest revenue $87,550 Accumulated depre
Karolina [17]

Answer:

Sales revenue                        1,381,550

Sales discounts                        (46,550)

Sales returns and allowances (151,550)

net sales                                   1,183,450

Cost of goods sold                <u>  (622,550)  </u>

gross profit                               560,900

Admin and general expenses  (98,550)

Selling expenses                      (195,550)

Operating Income:                    266.800‬

Non-operating income:

Interest revenue  87,550

Interest expense (61,550)

Loss from earthquake

damage                (151,550)

non-operating loss                   (125,550)

Income before taxes                  141.250‬

income tax expense (34%)         (48,025)

Net income                                   93,225‬

Explanation:

First, we calcualte net sales,

then the gross profit.

Then, the interest and earthquake will be disclosure separately as they are not operational result. Do not arise from the normal business operations.

Finally, the net income is determined after reducing the income tax expense

5 0
3 years ago
Other questions:
  • The system that compares trades of nasdaq issues and reports the trades to the network c tape is called:
    8·1 answer
  • Planning for the possibility that your home might get struck by lightning and catch on fire is part of a plan for _____.
    6·2 answers
  • Consumption expenditures: a. Account for over two-thirds of total spending. b. Include purchases of new and used goods by consum
    5·1 answer
  • g Salmont Corporation uses the FIFO method in its process costing system. The company reported 28,000 equivalent units of produc
    10·1 answer
  • The average price of a gallon of milk increased from $3.00 last year to $3.50 this year. This is most likely due to
    13·1 answer
  • While Margot was preparing to cross the street, a motorist yielded in front of a crosswalk, allowing her to cross the street saf
    11·1 answer
  • If you leave your job when should you notify a DSO so that CPT can be removed from your record? It is the responsibility of the
    12·1 answer
  • Lanson Corporation Co.'s trial balance included the following account balances at December 31, 2021: Accounts payable $ 25,000 B
    6·1 answer
  • Based on your knowledge of pricing concepts, why does Warby Parker stress that the price tag for frames starts at $95
    15·1 answer
  • The presence of ___________ product or pricing options permits people to more precisely select the choice that makes them happie
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!