WHO WOULD YOU DATE??

Industries is calculating its Cost of Goods Manufactured at year-end. The company's accounting records show the following: Th

san4es73 [151]

Answer: $342,000

Explanation:

Cost of goods manufactured = Beginning work in process inventory + Direct materials used + Direct labor + Manufacturing overhead - Ending work in process inventory

Direct materials used = Beginning raw materials inventory + purchases of raw materials - ending raw material inventory

= 14,000 + 68,000 - 16,000

= $66,000

Cost of Goods manufactured:

= 21,000 + 66,000 + 119,000 + 155,000 - 19,000

= $342,000

5 0

3 years ago

You display a chart from the Bureau of Economic Analysis that shows that real disposable personal income and consumer spending h

Elanso [62]

Answer:

As a threat

Explanation:

Because the amount of disposable personal income and consumer spending of employees are as a result of taxes imposed by government; which when analysed using SWOT analysis is an external factor.

If taxes (an external factor) is increased negatively it is not in the best interest of the company, therefore they would characterise such information as a threat.

7 0

4 years ago

Which three report charts show how many Leads are in the Marketing pipeline based on Lead Status and what percent each Lead Stat

fiasKO [112]

Answer: donut chart, funnel chart, pie chart

Explanation:

The options to the question are:

Choose 3 answers

A. donut chart

B. line chart

C. bar chart

D. funnel chart

E. pie chart

The three report charts show how many Leads are in the Marketing pipeline based on Lead Status and what percent each Lead Status represents are the donut chart, the funnel chart and the pie chart.

Donut chart is simply a variation on a pie chart and there's a round hole at the center which can be used to indicate additional data.

The Funnel charts are used to represent the stages that are involved in a sales process and also show the potential revenue that can be made for every stage while the pie chart is a chart that is is divided into portions in order to indicate numerical proportion.

5 0

3 years ago

Howard Weiss, Inc,. is considering building a sensitive new radiation scanning device. His managers believe that there is a prob

SpyIntel [72]

Answer:

Consider the following information

Probability of ATR coming up with a competitive product is 0.35

If ATR does not come up with a competitive product and H adds an assembly line, the profit is $60,000

If it adds an assembly line and ATR adds the product, the profit is $20,000

If H adds a new assembly but ATR does not come up with a competitive product, the profit is $600,000

If ATR does not enter the market, the loss for H is $120,000

A) Expected value for the add assembly line option:

The company would get a profit of $60,000 if ATR does not come up with a competitive product. If ATR comes up with a competitive product and H adds an assembly line, the profit is $20,000.

Probability of not coming up with a product is 0.65 (1-0.35)

Calculate the value if it does not come up with a new product line and H adds an assembly line as follows:

Value if it does not come up with a new product = 0.65 x $60,000

= $39,000

Calculate the value if it comes up with a new product line and H adds an assembly line as follows:

Value if it does come up with a new product = 0.35 x $20, 000 = $7,000

Calculate the expected value as follows:

Expected value = S39000 + $7000

Expected value =$46,000

Expected value for build new plant option:

If H adds a new assembly but ATR does not come up with a competitive product, the profit is $600,000

If ATR does not enter the market, the loss for H is $120,000

Calculate the value if H adds a new assembly but ATR does not come up with a competitive product as follows:

Value if it does not come up with a new product = 0.65 x $600000

= $390, 000

Calculate the value if ATR does not enter the market:

Value if it does not compete in market = 0.35 x -$120000 = -$42, 000

Calculate the expected value as follows:

Expected value= $390,000 - $42,000

Expected value =$348,000

The expected value of building a plant is more than the expected value of adding product line. Therefore, the best alternative is to build the plant.

B) Calculation of expected value of perfect information (EVPI):

EVPI = 0.65 x $600,000 + 0.35 x $120,000

EVPI = $390,000 + $42,000

EVPI =$432,000

Calculation of value of return:

Value of return = Value of perfect information - Maximum EMV

Value of return =$432,000 - 348,000

Value of return =$84,000

4 0

4 years ago

Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec

choli [55]

Answer:

Explanation:

The computation of the depreciation expense under straight-line method is shown below:

= (Original cost - residual value) ÷ (useful life)

= ($42,000 - $1,990) ÷ (5 years)

= ($40,010) ÷ (5 years)

= $8,002

In this method, the depreciation is same for all the remaining useful life

The journal entries are shown below:

For 2019

Depreciation expense A/c Dr $8,002

To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

For 2020

Depreciation expense A/c Dr $8,002

To Accumulated Depreciation A/c $8,002

(Being depreciation expense is recorded)

5 0

3 years ago