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spayn [35]
3 years ago
9

Pheasant Co. can further process Product B to produce Product C. Product B is currently selling for $30 per pound and costs $28

per pound to produce. Product C would sell for $60 per pound and would require an additional cost of $24 per pound to produce. What is the differential cost of producing Product C
Business
1 answer:
Gnom [1K]3 years ago
3 0

Answer:

differential cost of producing product C = $24 per pound

Explanation:

given data

B  currently selling = $30 per pound

produce cost = $28 per pound

C would sell =  $60 per pound

produce additional cost = $24 per pound

to find out

What is the differential cost of producing Product C

solution

we get differential cost of producing product C is express as

differential cost of producing product C = cost of (B+C) - cost of B   .............1

put here value we get

differential cost of producing product C =  (28+24) - 28

differential cost of producing product C = $24 per pound

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Dima called her friend to tell her that she saved 30% on her new skirt at a discount store. Her friend told her that she could h
FromTheMoon [43]

If the original price of Dima’s skirt was $54, the amount that she have saved at the store was option(b)i.e, $1.80.

Let's just take the sales price of the skirt Dima purchased from the discount shop as the rate of the other retailer is not provided.

Original price: $54

Discount rate: 30%

$54 x 30% = $16.20 value of the discount

$54 - 16.20 = $37.80 discounted price.

Since Dima's friend told her she could have had a better deal at a different store, this means that the discount rate is higher than 30%. i.e, the discount is 33.33%

$54 x 33.33%  = $17.99 value of the discount

$54 - 17.99 = $36.00 discounted price.

Discount store: $37.80

Different store: $36.00

The different store sales price is cheaper by $1.80

Therefore, she could have saved $1.80 at the store her friend suggested.

To know more about discount rate refer to:  brainly.com/question/13660799

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6 0
1 year ago
Since global expansion typically means bringing the company's existing products to new markets, it would be considered a _______
velikii [3]

Answer:

<u>Market development.</u>

Explanation:

Market development strategy refers to a strategy used by organizations wishing to expand in the market by identifying and developing new market segments for their product, ie the focus is on gaining new uses and potential new customers. for your products.

For this to be a successful strategy, the marketing manager must consider whether there is a need for product modification or new product insertion, and if there are enough research efforts on sales channel and customer behavior so that This strategy meets the expectations of increased efficiency, market expansion and profitability.

4 0
3 years ago
The cost of an asset is 1,100.000 ands its residual value is 140,000 estimated useful life of the asset is eight years. Calculat
Dahasolnce [82]

Answer:

Year2= $180,000

Explanation:

Giving the following information:

The cost of an asset is 1,100,000 and its residual value is 140,000 estimated useful life of the asset is eight years.

To calculate the depreciation expense for each year, we need to use the following formula:

Annual depreciation= 2*[(book value)/estimated life (years)]

Year1= [(1,100,000 - 140,000)/8]*2= 240,000

Year2= [(960,000 - 240,000)/8]*2= $180,000

3 0
3 years ago
Car dealerships commonly measure website performance by tracking visits, visitor traffic, and ________, the amount of time per m
Leona [35]

Car dealerships commonly measure websites by tracking visits,

visitor traffic, and stickiness, the amount of time per month visitors spend on

their website.

Websites are generally used to advertise the goods and services of a

company and the website activity are usually measured through some

factors.

The factors include number of visits to the website and the amount of time

spent on them. The stickiness which is how friendly and enticing the

websites are is also taken into consideration.

Read more on brainly.com/question/25382532

5 0
2 years ago
Read 2 more answers
Milea Inc. experienced the following events in Year 1, its first year of operations:
Ostrovityanka [42]

Answer:

1. Net income = $35,750

2. Stockholders' equity = $48,200

3. Total assets = Total Equity and Liabilities = $56,300

4. Net cash generated = $47,840

Explanation:

1. Prepare the income statement

Milea Inc.

Income Statement

For the Year ended 31 December Year 1

<u>Details                                         Amount ($)  </u>

Revenue:

Service income                             45,000

Expenses:

Utility expense                                (1,150)

Accrued salaries                          <u>   (8,100) </u>

Net income                                    35,750

Dividend paid                             <u>    (1,050)  </u>                        

Retained earnings                     <u>   34,700   </u>

2. Prepare the statement of changes in stockholders' equity

Milea Inc.

Statement of changes in stockholders' equity

For the Year ended 31 December Year 1

<u>Details                                         Amount ($)  </u>

Common stock                             13,500

Retained earnings                     <u>   34,700   </u>

Stockholders' equity                <u>   48,200  </u>

3. Prepare the balance sheet as of December 31.

Milea Inc.

Balance Sheet

As of 31 December Year 1

<u>Details                                                                         $               </u>

<u>Assets</u>

<u>Current Assets</u>

Ending cash balance                                             47,840

Accounts receivable ($45,000 - $36,540)         <u>   8,460  </u>

Total assets                                                        <u>    56,300  </u>

Equity and Liabilities

Stockholders' equity                                              48,200  

<u>Liabilities</u>

<u>Current liabilities</u>

Accrued salaries                                                <u>     8,100  </u>

Total Equity and Liabilities                              <u>    56,300  </u>

4. Prepare the statement of cash flows for the Year 1 accounting period.

Milea Inc.

Statement of Cash Flows

For the Year ended 31 December Year 1

<u>Details                                                                  $                      $         </u>

Net income                                                                             35,750

Adjustment to reconcile net income:

(Increase) decrease in current assets:

Accounts receivable ($45,000 - $36,540)                           (8,460)

Increase (decrease) in current liabilities:

Accrued salaries                                                                   <u>   8,100   </u>

Net cash from operating activities                                       35,390

<u>Cash flow from financing activities:</u>

Common stock                                               13,500

Dividend paid                                             <u>    (1,050)  </u>

Net cash from financing activities                                       <u>  12,450  </u>

Net cash generated                                                              47,840

Beginning cash balance                                                      <u>       0        </u>

Ending cash balance                                                         <u>   47,840  </u>

7 0
2 years ago
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