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bogdanovich [222]
3 years ago
5

Walters manufactures a specialty food product that can currently be sold for $22.90 per unit and has 20,900 units on hand. Alter

natively, it can be further processed at a cost of $12,900 and converted into 12,900 units of Deluxe and 6,900 units of Super. The selling price of Deluxe and Super are $30.90 and $20.90, respectively. The incremental net income of processing further would be:
Business
1 answer:
ANEK [815]3 years ago
5 0

Answer:

Increamental net income = $529,920-$478.610 = $51310

Explanation:

Total sales revenue before the further processing = $22.9 * 20,900 =

$478.610

Total net sales revenue after the further processing = ($30.9 *12900)+($20,9*6900)-$12,900 = $529,920

Increamental net income = $529,920-$478.610 = $51310

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During 2022, Pharoah Company reported cash provided by operations of $985000, cash used in investing of $851000, and cash used i
a_sh-v [17]

Answer:

$643,000

Explanation:

Calculation for Pharoah free cash flow

Using this formula

Free Cash flow =Cash provided by operations -Cash spent on fixed assets

Let plug in the formula

Free cash flow=$985000-$342000

Free cash flow=$643,000

Therefore Pharoah free cash flow will be $643,000

5 0
3 years ago
Johnson Construction Company uses cost-plus pricing to determine costs and place bids on local jobs. The manager needs to comput
dangina [55]

Answer:

Price= $315,000

Explanation:

Giving the following information:

The manager needs to compute the cost-plus price to place a bid on a community swimming pool, deck, and spa. The estimated cost associated with the new project is $225,000. The markup on the project cost is 40%.

Price= 225,000* 1.40= $315,000

7 0
3 years ago
On December 31, the company provides consulting services and bills its customer $3,000 for these services.
Gennadij [26K]

Answer:

Debit Accounts receivable $3,000

Credit Consulting Revenue $3,000

Explanation:

Based on the information given if the company provides consulting services and bills its customer the amount of $3,000 for these services the appropriate journal entry On December 31 will be:

On December 31

Debit Accounts receivable $3,000

Credit Consulting Revenue $3,000

6 0
3 years ago
A commercial oven with a book value of $67,000 has an estimated remaining 5 year life. A proposal is offered to sell the oven fo
GaryK [48]

Answer:

It should replace the equipment

Explanation:

                                         continue replace Differential

Proceeds from sale             -              8,500            8,500

Cost  

purchase                                -           -110,000        -110,000

cost savings (5 years)                           115,000         115,000

Total cost                                 -               5,000           5,000

 

Net                                                    -     13,500          13,500

3 0
3 years ago
Maddie's shoe store donated hundreds of pairs of shoes to needy children at an inner city school. A news crew reported on the do
chubhunter [2.5K]

Answer:

publicity

Explanation:

Publicity involves creating an excellent reputation for a company's brand name. Publicly arises from positives messages from the media, and other sources such as the internet and word of mouth.  An organization engages in activities that create a good relationship with the media and the public to build the desired publicity.

Publicity messages are not paid for, unlike advertising.  In the case of Maddie, the business was engaged in a charitable event. The event was captured in the press, and Maddie brand name was mentioned, thus promoting its brand name.  

3 0
3 years ago
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