Answer:
A) 18
B) 14,600 Units
Explanation:
To solve for Product line (P) we add total numbers the models. That is,
(a) Take product line (P) to be the total number of distinct products A, B & C models produced.
Where A=6
B=4
C=8
Add up
Therefore, we
P = 6 + 4 + 8 = 18 distinct models.
(b) to find QF of the plant for the total production amount of all products produce in the plant multiply by the product line (P) number and then add up.
That is,
QF= 6(500) + 4(700) + 8(1100) = 3000 + 2800 + 8800 = 14,600 units
Answer: It is explaining part of its OPERATIONAL plan.
Operational planning in business is a process of planning an action/actions intended to accomplish specific goals to the process of implementing the actions to achieve those goals.
It describes all the factors and parameters needed to achieve said goals.
Operational planning establish the activities and budgets for each part of the organization.
Answer:
$10,000
Explanation
Calculation for Waltham Distribution should records losses that result from applying the lower-of-cost-or-market rule. At December 31, 2012, the loss that Ryan should recognize (Under US GAAP) is
Using this formula
lower-of-cost-or-market rule Loss=Inventory- Current replacement cost
Let plug in the formula
lower-of-cost-or-market rule Loss= $200,000 – $190,000
lower-of-cost-or-market rule Loss= $10,000
Therefore Waltham Distribution should records losses that result from applying the lower-of-cost-or-market rule. At December 31, 2012, the loss that Ryan should recognize (Under US GAAP) is $10,000
Answer:
How much do you make in interest in a year?
<u>$ 1100</u>
How much would you need to have made for your spending power to keep up with inflation in that year?
<u>$ 1782
</u>
How much buying power did you lose in that year because of inflation?
<u>$ 682
</u>
Explanation:
Your interest formula is given to you.
Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring)
Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100
How much would you need to have made for your spending power to keep with inflation? Your interest rate would have needed to match the inflation rate, otherwise prices are going up faster than you're saving.
Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782
How much buying power did you lose? The difference between your required interest and your actual interest.
Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power.
Hope that helped :)
