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hammer [34]
2 years ago
9

Help

Business
1 answer:
Kipish [7]2 years ago
8 0

Answer:

a 50 year d for sure

Explanation:

I would say B

You might be interested in
Boone Products had the following unit costs:Direct materials $24Direct labor 10Variable overhead 8Fixed factory (allocated) 18A
Maslowich

Answer: Option (b) is correct.

Explanation:

Given that,

Direct materials = $24

Direct labor = $10

Variable overhead = $8

Fixed factory (allocated) = $18

Overtime premium = $8 per unit

Purchased = 2,000 units at a special price of $48 per unit

Contribution Margin (2000 - 1000 units) = special price per unit - Direct materials - Direct labor - Variable overhead

= 48 - 24 - 10 - 8

= $6 per unit

Contribution margin for units produced during overtime = special price per unit - Direct materials - Direct labor - Variable overhead - Overtime premium

= 48 - 24 - 10 - 8 - 7

= $(-1) per unit

Total contribution = 1000 × 6 + 1000 × -1

= $6000 - $1000

= $4000 Profit

Therefore, additional profit will be generated by accepting the special order is $4000.

4 0
3 years ago
Best Birdies produces ornate birdcages. The company's average cost per unit is $22 when it produces 2700 birdcages. If $5700 of
V125BC [204]

Answer:

Total cost= $75,315

Explanation:

Giving the following information:

The company's average cost per unit is $22 when it produces 2700 birdcages.

Fixed cost= $5700

We need to calculate the total cost for 3,500 birdcages.

<u>First, we need to calculate the unitary cost per unit:</u>

<u />

The average cost is calculated as follow:

Average cost= total cost/ number of units

22= total cost/2,700

Total cost= 59,400

If fixed costs are $5,700, total and unitary variable costs are:

Total variable cost= 59,400 - 5,700= 53,700

Unitary variable cost= 53,700/2,700= $19.89 per unit

<u>Now, we can determine the function cost:</u>

Total cost= fixed cost + variable cost

Total cost= 5,700 + 19.89*x

For 3,500 units:

Total cost= 5.700 + 19.89*3,500

Total cost= $75,315

4 0
3 years ago
Read 2 more answers
Jensen is 25 years old, and he will be starting his career as a business analyst. According to Levinson, Jensen is in the _____
Svet_ta [14]

Based on the research studies and situation described, according to Levinson, Jensen is in the <u>Novice</u> phase of adult development.

Daniel Levinson was a famous researcher whose interest centered on different stages of life from childhood to old age.

Daniel Levinson concluded that early adulthood lies between the ages of 17 to 45.

This early adulthood is then categorized into two, the <u>novice</u> phase between 17 to 33 and the culminating phase, which is between 33 to 45.

Thus, given that Jensen is 25, it is concluded that according to Levinson, Jensen is in the <u>Novice</u> phase of adult development.

Hence, in this case, it is concluded that the correct answer is "<u>Novice</u>."

Learn more here: brainly.com/question/1578703

6 0
2 years ago
Charter Corporation, which began business in 2013, appropriately uses the installment sales method of accounting for its install
Doss [256]

Answer:

a. Charter should recognize $80,000 as gross profit in 2013; and Charter should recognize $92,500 as gross profit in 2014.

b. The balance in the deferred gross profit account at the end of 2013 should be $105,000; and the balance in the deferred gross profit account at the end of 2014 should be $120,500.

Explanation:

Note: The data in this question are merged together. They are therefore sorted before answering the question. Kindly see the attached pdf file for the represented complete question with the sorted data.

The explanation to the answers is now given as follows:

Installment sales method can be described as a revenue recognition technique where a business postpone profit on a sale until when the cash is received from the buyer. A proportion of the profit based on gross profit percentage is then recorded as a profit for the period when the cash is received from the buyer.

This method can be applied to this question as follows:

Gross profit in 2013 = Installment sales in 2013 - Cost of installment sales in 2013 = $370,000 - $185,000 = $185,000

Gross profit percentage in 2013 = (Gross profit in 2013 / Installment sales in 2013) * 100 = ($185,000 / $370,000) * 100 = 0.50 * 100 = 50%

Gross profit in 2014 = Installment sales in 2014 - Cost of installment sales in 2014 = $360,000 - $252,000 = $108,000

Gross profit percentage in 2014 = (Gross profit in 2014 / Installment sales in 2014) * 100 = ($108,000 / $360,000) * 100 = 0.30 * 100 = 30%

a. How much gross profit should Charter recognize in 2013 and 2014 from installment sales?

<u>Gross to recognize in 2013:</u>

Gross recognized in 2013 in respect of 2013 instalment sales = Cash collections in 2013 on installment sales during 2013 * Gross profit percentage in 2013 = $160,000 * 50% = $80,000

Therefore, Charter should recognize $80,000 as gross profit in 2013.

<u>Gross to recognize in 2014:</u>

Gross recognized in 2014 in respect of 2013 instalment sales = Cash collections in 2014 on installment sales during 2013 * Gross profit percentage in 2013 = $110,000 * 50% = $55,000

Gross recognized in 2014 in respect of 2014 instalment sales = Cash collections in 2014 on installment sales during 2014 * Gross profit percentage in 2014 = $125,000 * 30% = $37,500

Total gross profit to recognize in 2014 = Gross recognized in 2014 in respect of 2013 instalment sales + Gross recognized in 2014 in respect of 2014 instalment sales = $55,000 + $37,500 = $92,500

Therefore, Charter should recognize $92,500 as gross profit in 2015.

b. What should be the balance in the deferred gross profit account at the end of 2013 and 2014?

<u>For 2013:</u>

Balance in the deferred gross profit in respect of 2013 account at the end of 2013 = Gross profit in 2013 - Gross recognized in 2013 in respect of 2013 installment sales = $185,000 - $80,000 = $105,000

Therefore, the balance in the deferred gross profit account at the end of 2013 should be $105,000.

<u>For 2014:</u>

Balance in the deferred gross profit account in respect of 2013 at the end of 2014 = Balance in the deferred gross profit in respect of 2013 account at the end of 2013 - Gross recognized in 2014 in respect of 2013 installment sales = $105,000 - $55,000 = $50,000

Balance in the deferred gross profit in respect of 2014 account at the end of 2014 = Gross profit in 2014 - Gross recognised in 2014 in respect of 2014 installment sales = $108,000 - $37,500 = $70,500

Total balance in the deferred gross profit account at the end of 2013 = Balance in the deferred gross profit account in respect of 2013 at the end of 2014 + Balance in the deferred gross profit in respect of 2014 account at the end of 2014 = $50,000 + $70,500 = $120,500

Therefore, the balance in the deferred gross profit account at the end of 2014 should be $120,500.

Download pdf
6 0
3 years ago
Pompeii, Inc., has sales of $50,000, costs of $23,000, depreciation expense of $2,250, and interest expense of $2,000. If the ta
Zielflug [23.3K]

Answer:

operating cash flow = $21307.5

Explanation:

given data

sales = $50,000

costs = $23,000

depreciation expense = $2,250

interest expense = $2,000

tax rate = 23 percent

solution

we get here operating cash flow for that

EBIT  = Sales - Costs - Depreciation   .............1

EBIT  = $50,000 - $23,000 - $2,250

EBIT   = $24750

and taxes is

taxes = tax rate × EBIT    ..........2

taxes = 0.23 × $24750

taxes = $5692.5

so here operating cash flow that is

operating cash flow = EBIT + Depreciation - Taxes   ..........3

operating cash flow = $24750 + $2,250 - $5692.5

operating cash flow = $21307.5

6 0
3 years ago
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