Answer:
Need to accommodate the growth of a key customer.
Explanation:
In the given scenarios Katlyn is motivated to keep her company growing because her most important customer is a company that is growing at a rate of 33% per year.
To satisfy the customer needs for specialised components of aerospace equipment, Katlyn's company must also grow in output or they will not be able to satisfy the customer's need.
This demonstrates need to accommodate the growth of a key customer.
It take a lot because a house is bigger the a shed
Answer:
The driver for employees fringe benefits is direct labor costs whereas the driver for indirect material costs is direct material costs
The total cost of each home is as follows:
Home 1 $188140
Home 2 $268860
Home 3 $408910
Explanation
Find the breakdown of the costs in the attached excel file.
Answer:
The marginal return of production of the second worker or marginal product of the second worker is 10 cones.
Explanation:
One worker can make 15 cones of ice cream in an hour.
Two workers can make 25 cones in the same time.
While three workers can make 30 cones in an hour.
The marginal return of the production of the second worker is the contribution of the second worker in the total output.
Marginal return
= 25 cones - 15 cones
= 10 cones
Answer:
a. $70,500
b. $7,500
c. $9,000
Explanation:
a. The computation of the amount of revenue is shown below:-
Amount of revenue = Ending balance of accounts receivable + Cash collected - Beginning balance of accounts receivable
= $10,500 + $72,000 - $12,000
= $70,500
b. The computation of net income earned during the accounting period is shown below:-
Net income = Revenue generated - Expenses
= $70,500 - $63,000
= $7,500
c. The computation of amount of cash flow from operating activities is shown below:-
Net cash flow from operating activities = Cash collection - Amount paid for operating expenses
= $72,000 - $63,000
= $9,000
