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Orlov [11]
2 years ago
13

3. Keim, Inc. manufactures baseball gloves that normally sell for $40 each. Keim currently has 1,000 defective gloves in invento

ry that have $30 of materials, labor, and overhead assigned to each glove. The defective gloves can either be completely repaired at a cost of $25 per glove or sold as is at a reduced price of $18 per glove. Keim would be better off by: a. $3,000 to sell
Business
1 answer:
umka21 [38]2 years ago
6 0

Answer:

selling the defective gloves as they are results in a $3,000 higher gain

Explanation:

the manufacturing costs of the defective gloves should be considered a sunk cost since they cannot be recovered:

alternative 1, sell defective gloves = $18 x 1,000 = $18,000 gain

alternative 2, repair the gloves and sell them at normal price = ($40 - $25) x 1,000 = $15,000 gain

alternative 1 (selling the defective gloves as they are) results in a $3,000 higher gain

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lilavasa [31]

In order to help their employees move from one job to another, and in order to meet the challenges of a global economy, corporations must offer retraining program as part of their employee development programs.

To meet the challenges of a global economy and to help employees move from one job to another corporations must offer retraining as part of employee development programs. Training and development is considered vital because it allows employers to pinpoint skills and knowledge they want in their employees. These trainings not only educate the employees but also provide updates on existing skills to increase productivity. Every business has different needs to retain their employees to meet their internal and external challenges.

These trainings to retain the employees are proved to be fruitful

  1. When there is a talent gap in your organization.
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Therefore corporations must offer retraining to help employees move from one job to another and meet global challenges.

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6 0
1 year ago
Waterway Industries reported the following information for 2016: October November December Budgeted sales $950000 $890000 $11000
MakcuM [25]

Answer:

At November 30, 2016, budgeted Accounts Receivable is $445,000

Explanation:

In October, Sales: $950,000

Customer amounts on account are collected: 50% x $950,000= $475,000

At 31 October, Accounts Receivable = 50% x $950,000= $475,000

In November, Sales: $890,000

Customer amounts on account are collected = $475,000 + 50% x $890,000 = $920,000

At November 30, 2016 budgeted Accounts Receivable = 50% x $890,000 = $445,000

8 0
3 years ago
Blasterhoff, Inc. is a company that makes cannons for blasting off fireworks. In order to build their business they brought in a
Paha777 [63]

Answer:

The next step would be to take action on the discovered research

Explanation:

The company hired the marketing researcher so the first step which is taken by the researcher is to conduct research, fetch the data from the researched data which is already been carried out by them. After fetching the data, a plan is to be created which is also already been carried out. Then the next step after all this would to take action or put into action the plan or the discovered research.

7 0
3 years ago
For each of the following items, indicate by using the appropriate code letter, how the item should be reported in the statement
Y_Kistochka [10]

Answer:

1. Decrease in accounts payable during a period - Deducted from net income  (B)

2. Declaration and payment of a cash dividend - Cash outflow (financing activity ) (E)

3. Loss on disposal of land - Added to net income (A)

4. Decrease in accounts receivable during a period -  Added to net income (A)

5. Redemption of bonds for cash - Cash outflow (financing activity)  (E)

6. Proceeds from sale of equipment at book value - Cash inflow (investing activity ) (D)

7. Issuance of common stock for cash - Cash inflow (financing activity)  (F)

8. Purchase of a building for cash - Cash outflow(investing activity ) (C)

9. Acquisition of land in exchange for common stock - Significant non-cash (investing and financing activity ) (G)

10. Increase in inventory during a period - Deducted from net income (B)

8 0
3 years ago
Waterway Industries sells radios for $50 per unit. The fixed costs are $625000 and the variable costs are 60% of the selling pri
Sonbull [250]

Answer:

29,200 units

Explanation:

The computation of new break even point is given below:-

= Fixed Cost ÷ Contribution per unit

Fixed cost

= $625,000 + $105,000

= $730,000

Variable cost per unit = 50% of selling price

= $25

So, the break even point = $730,000 ÷ 25

= 29,200 units

Therefore for calculating the break even point we simply divide the $730,000 from 25 per unit variable cost.

7 0
3 years ago
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