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Alik [6]
3 years ago
15

Ronnie's company uses large numbers of snow blowers. After several failed, Ronnie determined that the failures were due to defec

tive motors and decided that the company would use a different vendor for future purchases. In this situation, Ronnie is making a(n) _______________
Business
1 answer:
kicyunya [14]3 years ago
5 0
Chubby bum victim burn back Vicente CUNY cub
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The management of Furrow Corporation is considering dropping product L07E. Data from the company's budget for the upcoming year
MAVERICK [17]

Answer:

If product L07E is discontinued, income will decrease by $190,000

Explanation:

Giving the following information:

Current loss= (13,000)

Further investigation has revealed that $223,000 of the fixed manufacturing expenses and $184,000 of the fixed selling and administrative expenses are avoidable if product L07E is discontinued.

<u>To determine whether product L07E should be discontinued or not, we need to use the following formula:</u>

<u></u>

Effect on income=  Unavoidable fixed cost - current income

Effect on income= - 203,000 + 13,000

Effect on income= -$190,000

If product L07E is discontinued, income will decrease by $190,000

6 0
3 years ago
Niles is making an investment with an expected return of 12 percent. If the standard deviation of the return is 4.5 percent, and
Dmitriy789 [7]

Answer:

$104,597.5

Explanation:

Given:

Expected return = 12%

Standard deviation on return = 4.5%

Amount invested = $100,000

Confidence level = 90%

Now,

For the 90% confidence level the z score is 1.645

Therefore,

the minimum percentage gain at the end of year will be

= mean(i.e the expected return) - (z × Standard deviation)

= 12% - 1.645 × 4.5%

= 12% - 7.4025%

= 4.5975%

Thus, 4.5975% of initial amount = \frac{4.5975}{100}\times\$100,000

= $4,597.50

Hence,

Final amount = $100,000 + $4,597.50

= $104,597.5

5 0
3 years ago
Here, Jack is yelling at Samantha because she was late last week. Unfortunately, the whole office can hear. Now Samantha is not
uysha [10]

Answer:

<u>Human</u>

Explanation:

Human skills refer to the ability of an individual to establish successful interactions and relations with people around. Such skills take into consideration, the human element i.e human emotions and behavior.

Human skills are essential and rather say foremost and primary before any other required set of skills as these are required not just at workplace but form an essential part of routine life as well.

In the given case, Jack losing his cool and yelling at an employee without paying heed to the people he is surrounded with, the circumstances, his ways, relates to inhuman treatment wherein one is not bothered of another's feelings or emotions. This is a case of humiliation in public.

This is highly inconsiderate behavior.

4 0
3 years ago
Prepare summary journal entries to record the following transactions for a company in its first month of operations. Raw materia
Whitepunk [10]

Answer:

<u>Journal Entries</u>

<u />

Raw Materials $108,000  (debit)

Accounts Payable $108,000 (credit)

<em>Being purchase of Raw Materials on Account</em>

<em />

Work In Process ; Direct  Material Cost $44,000 (debit)

Work In Process ; Indirect Material Cost $19,800 (debit)

Raw Materials $63,800 (credit)

<em>Being Raw Materials requisitioned for Production</em>

<em />

Work In Process ; Direct Wages and Salaries $46,000 (debit)

Work In Process ; Indirect Wages and Salaries $24,000 (debit)

Cash $70,000 (credit)

<em>Being Wages and Salaries Paid in Cash</em>

<em />

Overheads $8,750 (debit)

Cash $8,750 (credit)

<em>Being Cash paid for Overheads</em>

<em />

Work In Process $55,200 (debit)

Overheads $55,200 (credit)

<em>Being Overheads Applied to Work In Process at 120% of direct labor cost</em>

<em />

Finished Goods $86,000 (debit)

Work In Process $86,000 (credit)

<em>Being Goods transferred to Finished Goods</em>

<em />

Trade Receivable $123,000 (debit)

Revenue $123,000 (credit)

<em>Being Sale of Jobs on Account</em>

<em />

Cost of Sales $86,000 (debit)

Finished Goods $86,000 (credit)

<em>Being Cost of Jobs Sold</em>

Explanation:

Costs incurred for Manufacturing are accumulated In the <em>Work In Process Account.</em>

This account is de-recognized as the goods are transferred to <em>Finished Goods.</em>

The Finished Goods Inventory Account is then de-recognised as the Jobs are sold to the Customers.

7 0
3 years ago
Dove, Inc., had additions to retained earnings for the year just ended of $637,000. The firm paid out $70,000 in cash dividends,
Viktor [21]

Answer:

the earning per share is $1.02

Explanation:

The computation of the earning per share is shown below;

Earnings per share = (additions to retained earnings + cash dividends) ÷ (No of common stock outstanding )

= ($637,000 + $70,000) ÷ $690,000

= $1.02

hence, the earning per share is $1.02

We apply the above formula so that the correct per share value could come

8 0
3 years ago
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