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3 years ago

2. Consider this scenario. Suzanne designs custom dresses. She has recently decided to open a

Business

1 answer:

drek231 [11]3 years ago

3 0

Answer:

The legal consideration that Suzanne is not in accordance or compliance with is the clothing labeling laws.

The clothing labeling laws include the following:

The Textile Fiber Products Identification Act, 1960

The Wool Products Labeling Act, 1939

The Fur Products Labeling Act, 1952

The above clothing labeling laws were passed by Congress to inform and protect consumers, and they require that dresses have labeling tags.

Explanation:

The above-mentioned clothing labeling laws are enforced by the U.S. Federal Trade Commission (FTC). Penalties are imposed by the FTC on any business that does not comply with the clothing labeling regulations.

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Your project to obtain charitable donations is now 30 days into a planned 40 day project. The project is divided into 3 activiti

Dima020 [189]

Answer:

i dont see it

Explanation:

7 0

3 years ago

Lincoln, Inc., which uses a volume-based cost system, produces cat condos that sell for $140 each. Direct materials cost $22 per

Darina [25.2K]

Answer:

43.57 %

Explanation:

The computation of the gross margin for the cat condos is given below:

Total Manufacturing Cost per unit is

= Direct materials + Direct labor + Manufacturing overhead

= $22 + $15 + ( 280% of $15)

= $79

Now

Gross Profit is

= Selling price per unit - Total Manufacturing Cost per unit

= $140 - $79

= $61

And finally

Gross Profit Margin is

= (Gross Profit ÷ Selling Price ) × 100

= ($61 ÷ $140) × 100

= 43.57 %

8 0

2 years ago

Which of the following statements is false? Entry field with incorrect answer now contains modified data The amortization period

natima [27]

Answer:

The best answer is "D"

Explanation:

Research and development costs are expensed when incurred, except when the research and development expenditures result in a successful patent.

4 0

3 years ago

Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $12,300

Tom [10]

Answer:

$120,500

Explanation:

Uchimura Corporation

Total Company

Divisional segment margin $132,800

($84,100 + $48,700)

Less common fixed costs not traceable to the individual divisions X

Net operating income $ 12,300

Hence:

Common fixed costs not traceable to the individual divisions= $132,800 − $12,300

= $120,500

Therefore the amount of the common fixed expense not traceable to the individual divisions will be $120,500

3 0

3 years ago

Exercise 11-6 Net present value LO P3 A new operating system for an existing machine is expected to cost $520,000 and have a use

Citrus2011 [14]

Answer:

NPV of investment 1: $509,131

NPV of investment 2: $269,513

Explanation:

initial investment -$520,000

6 year useful life, depreciation per year = ($520,000 - $10,000) / 6 = $85,000

free cash flow per year = $150,000 + $85,000 = $235,000

free cash flow last year = $235,00 + $10,000 = $245,000

NPV = -$520,000 + $235,000/1.1 + $235,000/1.1² + $235,000/1.1³ + $235,000/1.1⁴ + $235,000/1.1⁵ + $245,000/1.1⁶ = -$520,000 + $213,636 + $194,215 + $176,559 + $160,508 + $145,917 + $138,296 = $509,131

initial investment -$380,000

8 year useful life, depreciation per year = ($380,000 - $20,000) / 6 = $60,000

free cash flow per year = $60,000 + $60,000 = $120,000

free cash flow last year = $120,00 + $20,000 = $140,000

NPV = -$380,000 + $120,000/1.1 + $120,000/1.1² + $120,000/1.1³ + $120,000/1.1⁴ + $120,000/1.1⁵ + $120,000/1.1⁶ + $120,000/1.1⁷ + $140,000/1.1⁸= -$380,000 + $109,091 + $99,174 + $90,158 + $81,962 + $74,501 + $67,737 + $61,579 + $65,311 = $269,513

5 0

3 years ago