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
WARRIOR [948]
3 years ago
13

Harmony is currently producing 100 units of a necessary component part by incurring $60,000 in direct materials, $12,500 in dire

ct labor, $22,500 in variable overhead, and $15,000 in fixed overhead. If Harmony purchases the component externally, $10,000 of fixed costs can be avoided. What is the external price for 100 units at which the company is indifferent between buying and selling?
Business
1 answer:
Darya [45]3 years ago
4 0

Answer:

The maximum price to pay is= $1,045

Explanation:

Giving the following information:

Harmony is currently producing 100 units of a necessary part by incurring $60,000 in direct materials, $12,500 in direct labor, $22,500 in variable overhead, and $15,000 in fixed overhead. If Harmony purchases the component externally, $10,000 of fixed costs can be avoided.

Unitary cost= (60,000 + 12,000 + 22,500 + 10,000)/100= $1,045

The maximum price to pay is= $1,045

You might be interested in
The net income reported on the income statement is $58,000. However, adjusting entries have not been made at the end of the peri
nlexa [21]

Answer:

The corrected Net income = $54,500                      

Explanation:

Net income is defined as the total profits earned by an individual from a business venture. It is equal to the difference between the gross income and the expenses involved including cost of supplies and accrued salaries.

Given: net income = $58,000

Entries not made include supplies expense = $2,200 and accrued salaries = $1,300

Therefore, the corrected net income = net income - expenses = $58,000 - ($2,200 + $1,300) = $54,500    

8 0
3 years ago
Market segmentation is
Juli2301 [7.4K]

Answer: Option (a) is correct.

Explanation:

Correct Option: Breaking down a large, heterogeneous market into sub markets that are more homogeneous.

Market segmentation is a process or procedure for dividing a large consumer market into sub markets or sub groups and this segmentation is on the basis of consumer's characteristics such as needs, location, interests.

It creates an advantage for the marketer because these market segments makes the job of marketers easier. It also reduce the risk of unsuccessful and unwanted marketer campaigns.

6 0
3 years ago
When comparing the results of LIFO and FIFO when inventory costs are​ decreasing: A. ending inventory will be higher using LIFO.
Usimov [2.4K]

Answer:

B.

Explanation:

LIFO takes the latest cost of goods into account and leads to rising cost of goods produced or purchased. This in turn leads to lower gross profit. Conversely, FIFO takes into account oldest cost of goods purchased or produced and lower cost of goods sold, thus higher gross profit.

4 0
3 years ago
Read 2 more answers
On January 1, Year 1, Manning Company granted 97,000 stock options to certain executives. The options are exercisable no sooner
umka21 [38]

Answer:

$77,600

Explanation:

Total value of compensation expenses:

= No. of options granted × Fair of value options

= 97,000 × $4

= $388,000

Compensation expenses should be recognized per year:

= Total value of compensation expenses ÷ Excercisable time

= $388,000 ÷ 3

= $129,333.33

Expenses recognized in year 1 = $129,333.33

Due to unexpected turnover 20% of the options are forfeited,

Annual compensation = $388,000 × 80%

                                     = $310,400

Annual compensation in year 2:

= Accumulated compensation expenses in year 2 - Expenses recognized in year 1

= [$310,400 × (2/3)] - $129,333.33

= $206,933.33 - $129,333.33

= $77,600

4 0
3 years ago
Ramone, a human resource manager, works for TelVille Inc. Initially, he was responsible only for recruitment. After a promotion,
Vinvika [58]

Answer: Both the roles that Ramone played were specialist roles.

Explanation:

From the question it can be noticed that both job roles handled by Ramone the human resource manager of his company are specialist roles. A specialist job role involves an employee just handling a single special task for his/her organization. Employee benefits and requirements are both specific job tasks in human resources.

4 0
3 years ago
Other questions:
  • Your business partner has proposed you to join him (her) in investing $100000 each in a new enterprise. assume that you have tha
    12·1 answer
  • I identify the different names given to the income statement.
    5·1 answer
  • Flounder company designated jill holland as petty cash custodian and established a petty cash fund of $260. the fund is reimburs
    9·1 answer
  • The Cook Corporation has two divisions--East and West. The divisions have the following revenues and expenses:
    7·1 answer
  • Fran was transferred from Phoenix to Atlanta She sold her Phoenix residence (adjusted basis of $250,000) for a realized gain of
    10·1 answer
  • When she uses her american express card, cathy obtains possession of goods and services when they are purchased. payment is due
    6·1 answer
  • Which strategy works best to help people feel more comfortable in meetings?
    7·2 answers
  • The bureau of labor statistics has identified four leading causes of workplace deaths in the construction industry what are thes
    6·1 answer
  • the common sotkc of Ubees is currently sold at $26.35 per share, and it just a divident of $1.00 last year. The flotation costs
    15·1 answer
  • Although he is not sure about specific products, Diogo heads directly for a store selling Godiva Chocolates, because he knows th
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!