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
dimaraw [331]
3 years ago
8

Bannister Co. is thinking about having one of its products manufactured by a subcontractor. Currently, the cost of manufacturing

1,000 units is: Direct material $ 45,000 Direct labor 30,000 Factory overhead (30% is variable) 98,000 If Bannister can buy 1,000 units from an outside supplier for $100,000, it should:
Business
1 answer:
ratelena [41]3 years ago
5 0

Answer:

Production total cost= $104,400

It is more profitable to buy the product.

Explanation:

Giving the following information:

Production costs (1,000 units):

Direct material $ 45,000

Direct labor $30,000

Factory overhead (30% is variable) 98,000

Buy:

1,000 units from an outside supplier for $100,000.

<u>I will assume that the fixed overhead is not avoidable, therefore it should not be taken into account for the decision making.</u>

Production total cost= 45,000 + 30,000 + (98,000*0.3)

Production total cost= $104,400

It is more profitable to buy the product.

You might be interested in
Explain the three macroeconomic goals of economic systems
Debora [2.8K]

Answer:

The three major macroeconomic goals of an economy should be economic growth, low unemployment/full employment, and low inflation rates. Economic growth occurs when an economy ‘increases its ability to produce goods and services’

Explanation:

8 0
3 years ago
Matt is passionate about Hollister. It is the only place he'll buy his clothes. He hasn't shopped anywhere else in the last few
guajiro [1.7K]

Answer:

Bias

Explanation:

Bias is a preference towards something do to ignorance. he is being biased becuase he never goes to other stores to see if they are better

3 0
3 years ago
There is significant interaction between cash receipt transactions and accounts receivable because _______. a misstatement of ca
zlopas [31]

Answer:

a misstatement of cash receipts will result in a misstatement of accounts receivable.

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Basically, financial statements are formally written records of the business and financial activities of a business entity or organization.

There are four (4) main types of financial statements and these are;

1. Balance sheet.

2. Cash flow statement.

3. Income statement.

4. Statement of changes in equity.

A current asset can be defined as all of the assets that are being owned by a company or business entity and are expected to be converted into their cash equivalent through sales or use within a period of one year of its date on the organization's balance sheet.

Some examples of current assets are account receivables, marketable securities, cash equivalent, etc.

In Financial accounting, there exist a significant level of interaction between cash receipt transactions and accounts receivable because a misstatement of cash receipts will result in a misstatement of accounts receivable, which gives information about legally enforceable monetary claims that are to be recovered by a company from a customer who is yet to make payment.

3 0
3 years ago
Of the following, which is NOT a characteristic of culture that is important for global companies to recognize? a) Culture can b
Vinil7 [7]

Answer:

a. Culture can be imposed from home country to host country.

Explanation:

Organization Culture are set of values, systems, belief, attitude and behaviour which shows how employees and business owners communicate with outsiders. Organization culture provides direction and influences decisions of management in an organization.

It imperative for global company to have it's own unique culture as they would easily be identified with that behaviour. They must also live by and adjust to the culture of the host community.

An ideal global company must have clear vision, best practises, set of values and people oriented culture inorder to be differentiated and have a lasting organization.

Characteristics of cultures global companies should have;

-It is the duty of global firm to to know the level and importance of various aspects of culture in the foreign market it serves.

-Country operations and management needs to adjust to the cultural environment existing in the countries the global firm serves

-Culture is learned and not inherited.

-It is nearly impossible to change an entire country's culture.

8 0
4 years ago
Characteristics of mixed economy​
masha68 [24]

Answer:

- Protection of Labor Rights

- Co-surviving Public and Private Sectors

- Safeguarding of Consumer Rights

- Economic Planning

Explanation:

Don't know how many you're looking for, or what specifically, but those are a few that I've learned

Hope it helped

5 0
3 years ago
Other questions:
  • The LaGrange Corporation had the following budgeted sales for the first half of the current year:
    12·1 answer
  • Your team leader puts a suggestion box in the break room. At team meetings, he lists all the reasons why the suggestions can't b
    12·1 answer
  • Costs that are incurred as part of the manufacturing process but are not clearly associated with specific units of product or ba
    6·1 answer
  • Connie works in the Human Resource department of a company and is
    13·1 answer
  • Edible Chemicals Corporation owns a $2 million whole life insurance policy on the life of its CEO, naming Edible Chemicals as be
    9·1 answer
  • Roman Knoze is considering two investments. Each will cost $20,000 initially. Project 1 will return annual cash flows of $10,000
    7·1 answer
  • The firm should shut down if the market price is:___________.
    10·1 answer
  • A firm's cash flow from financing activities includes: Select one: A. Cash paid for merchandise purchased B. Cash received from
    13·1 answer
  • What are items such as health insurance, life insurance, sick days, vacation time, and retirement savings called when provided b
    14·1 answer
  • Why does my dad stick his weener up my dog
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!