Answer:
Operating Income 20,600
Explanation:
First Step will be to calculate the contribution of the begining inventory and the contribution of the untis produced in this period:
BEGINNING INVENTORY
70 units at $150 = $10,500
cost of BI $3,600
Contribution Begining Inventory $6,900
get the production of this year contribution
Sales Units 150
Direct Materials 25
Direct Labour 10
Variable MO 15
Variable S&A 6
Total Variable 56
Contribution 94
Unit produced 450
Contribution Produced units 42300
Second, the operating income:
Contribution Begining Inventory $6,900
+ Contribution Produced units 42,300
Total contribution = 49,200
Fixed Cost
fixed MO 15,600
fixed S&A 13,000
Total Fixed Cost 28,600
Operating Income 20,600
Operational strategy is the strategy encompasses a high level of interdependence of subunits for some operation decisions combined with high degrees of centralization for others.
<h3>What is operation strategy?</h3>
Operations strategy is the total path of company's or organization decisions making strategy which help to reshape the long-term capabilities of several operations and their contribution to the overall strategy to the growth of the firm.
Therefore, Operational strategy is the strategy encompasses a high level of interdependence of subunits for some operation decisions combined with high degrees of centralization for others.
Learn more about operational stategy below.
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Answer:
not included
consumption
consumption
government spending
consumption
business spending
business spending
consumption and inventory (consumption increases and business inventory reduces)
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
6. transfer payments
Answer:
See explanation section.
Explanation:
January 24, Allowance for doubtful accounts Debit $3,913
Accounts receivable Credit $3,913
To record the write - off of accounts receivable.
March 04, Accounts receivable Debit $3,913
Allowance for doubtful accounts Credit $3,913
To record the reinstatement of uncollectible from the receivable account.
March 04, Cash Debit $3,913
Accounts receivable Credit $3,913
To record the unexpected payment from madonna inc.