How do you give brainliest? I cant figure it out.

Having thought about Mr. James's suggestion, you consider several options as an estimate of lost profits. These include 1) the f

podryga [215]

Answer:

The most accurate estimate of lost profits is

3) a weighted average that gives twice the weight to the last six months as to the first six months

Explanation:

In this case, after Mr James' suggestions, I consider several options as an estimate of lost profits, which are:

1) The full year: In this case the the entire data for the year would be considered for estimation.

2) The last six months: Here, half of the year's data would be considered for estimation.

3) Weighted average that gives twice the weight to the last six months as to the first six months: This means that the data for the most recent months should be given more weight more than the first six months. It means that the most recent data would be more accurate than that of the first 6months, and the most recent data should be trusted more than the data of the previous 6 months.

Here, a ratio of 2:1 is used to assign weight to the last six months and first six months respectively.

4) Some other weighted average: This is similar to option 3 not same ratio is used, but some other weights could be assigned depending on other factors.

Therefore, the weighted average gives the most accurate estimate of lost profits as in option (3) because it considers the most recent data.

5 0

3 years ago

Yasmin Co. can further process Product B to produce Product C. Product B is currently selling for $33 per pound and costs $28 pe

Lyrx [107]

Answer:

Differential cost of producing Product C = $0

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.

Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further .

$

Sales revenue after the split off point (Product C) 58

Sales revenue at the split-off point (Product B 33

Additional sales revenue per unit 25

Further processing cost (25)

Differential cost of Product C 0

Differential cost of producing Product C = $0

Note that the cost incurred up until the split off point was not included because it is Irrelevant to the decision to process further. It has already been incurred , hence it is a sunk cost

6 0

3 years ago

If in some country personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 b

nataly862011 [7]

Answer: $85 Billion

Explanation:

Given that,

Personal consumption expenditures in a specific year = $50 billion

Purchases of stocks and bonds = $30 billion

Net exports = (- $10 billion)

Government purchases = $20 billion

Sales of secondhand items = $8 billion

Gross investment = $25 billion

From the above information, expenditure method is more suitable.

GDP = Personal consumption expenditures + Gross investment + Government purchases + Net exports

= $50 + $25 + $20 - $10

= $85 Billion

4 0

3 years ago

Black Diamond Company produces snowboards. Each snowboard requires 2 pounds of carbon fiber. Management reports that 5,000 snowb

Nonamiya [84]

1.Based on the information given the production budget for the third quarter is 148,500.

2. Budgeted cost of direct material purchases is 4,425,000.

3. Budgeted Direct labor cost is $1,485,000.

4. Total factory overhead is $2,376,000.

1. Budgeted production

BLACK DIAMOND COMPANY

Production Budget (in units) Third Quarter

Budgeted units sales 150,000

Add: Budgeted ending inventory 3,500

Less: Budgeted beginning inventory (5,000)

Budgeted production 148,500

2. Direct material budget

BLACK DIAMOND COMPANY

Direct Materials Budget Third Quarter

Budgeted production 148,500 units

Materials requirement per unit 2

Materials needed for production 297,000

(148,500units×2)

Budgeted ending inventory 4,000

Total material requirements(lbs.) 301,000

(297,000+4,000)

Budgeted beginning inventory 6000

Direct Materials to be purchased (lbs.) 295,000

(301,000-6,000)

Materials price per pound 15.00per

Budgeted cost of direct material purchases 4,425,000

(295,000×15 per)

3. Direct labor budget

BLACK DIAMOND COMPANY

Direct labor Budget Third Quarter

Budgeted Production 148,500

Budgeted Direct labor hours 74,250

(148,500×0.5)

Budgeted Direct labor cost $1,485,000

(74,250×$20)

4. Factory overhead budget

BLACK DIAMOND COMPANY

Factory Overhead Budget Third Quarter

Variable overhead $594,000

(74,250×$8)

Add Fixed overhead $1,782,000

Total factory overhead $2,376,000

Learn more here:brainly.com/question/16381677

8 0

3 years ago

At an activity level of 9,000 machine-hours in a month, Kirk Corporation's total variable production engineering cost is $796,50

Nezavi [6.7K]

Answer:

$113.80 per unit

Explanation:

The computation is shown below:

For computing the total production engineering cost per unit, first we have to determine the variable cost per hour which is shown below:

Variable cost per hour = ($796,500) ÷ (9,000 machine hours) × (9,300 machine hours)

= $823,050

And, the fixed cost = $235,290

So, the total cost would be

= $823,050 + $235,290

= $1,058,390

So, the total production engineering cost per unit would be

= $1,058,390 ÷ 9,300 machine$ hours

= $113.80 per unit

4 0

3 years ago