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3 years ago

The following production data were taken from the records of the Finishing Department for July:

Business

1 answer:

SashulF [63]3 years ago

7 0

Answer:

c. 37,000 units

Explanation:

Calculation to Determine the total equivalent units for direct materials, assuming that the first-in, first-out method is used to cost inventories

Using this formula

Total equivalent units for direct materials= Transferred to finished goods during the month of July + Ending work in process during the month of July - Inventory in process as on July 1

Let plug in the formula

Total equivalent units for direct materials= 37,500 units + 3,500 units - 4,000 units

Total equivalent units for direct materials= 41,000 units - 4,000 units

Total equivalent units for direct materials= 37,000 units

Therefore the total equivalent units for direct materials, assuming that the first-in, first-out method is used to cost inventories is 37,000 units

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A business plan is

bonufazy [111]

Answer :

. a proposed firm's goals, strategy for achieving them, and standards for measuring success.

Explanation:

A business plan is a proposed firm's goals, strategy for achieving them, and standards for measuring success.

The business plan outlines how the firm will meet it set goals and objectives and the strategy it will use in achieving them. It must also include how the firm will measure it's success.

It is a written orderly statement of the firm's goals ,methods of achieving the set goals and how it will measure its achievement.

Business plan gives the organisation a sense of purpose.

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3 years ago

Mary Willis is the advertising manager for Sheffield Shoe Store. She is currently working on a major promotional campaign. Her i

Setler [38]

Answer:

If Mary's idea is implemented the break-even point would increase from 16,000 units to 21,800 units

Explanation:

The break-even point is the level of activity where a business makes no profit or loss. At this level of activity, the total contribution equals the total fixed costs.

To calculate the break even point in units, we use the formula below:

Break-even point = Fixed cost for the period / selling price - variable cost

Current break-even point = 128,000/(20-12)

= 16,000 units

With Mary's idea, the break-even point will be

New break-even point = ( 128,000+ 24600)/(19-12)

= 21,800 units

If Mary's idea is implemented the break-even point would increase from 16,000 units to 21,800 units

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3 years ago

Parcel Corporation expects to pay a dividend of $5 per share next year, and the dividend payout ratio is 50 percent. If dividend

chubhunter [2.5K]

Answer:

The present value of growth opportunities is $23.08

Explanation:

First, we need to calculate the price with growth

Stock Price = Expected Dividend / ( Required rate of return - growth rate )

Where

Expected Dividend = $5

Required rate of return = 13%

Growth rate = 8%

Pacing values in the formula

Stock Price = $5 / ( 13% - 8% )

Stock Price = $100

Now determine the expected EPS

EPS = Dividend / Payout ratio

Where

Dividend = $5

Payout ratio = 50%

Placing values in the formula

EPS = $5 / 50%

EPS = $10

Now calculate the present value of growth opportunity

PV of Growth opportunity = Price with growth - ( EPS / Required rate of return )

Where

Price with growth = $100

EPS = $10

Required rate of return = 13%

Placing value in the formula

PV of Growth opportunity = $100 - ( $10 / 13% )

PV of Growth opportunity = $100 - $76.92

PV of Growth opportunity = $23.08

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3 years ago

Your client, Eric, is interested in purchasing an industrial property to start a new business. You've recommended that soil, air

Svetach [21]

Answer:

Keep records of your recommendations and a written response from Eric

Explanation:

From the question, we are given an instance of a client, Eric,who is interested in purchasing an industrial property to start a new business. I have recommended that soil, air, and water testing be done, but Eric is on a tight budget and doesn’t feel these tests are necessary. In this case, I should Keep records of my recommendations and a written response from Eric. Since he's trying to invest by buying the property, then a record of all recommendation must be kept as as well as all expenses with the knowledge of accounting. And since this is a contract it should be in written form to be formal.

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3 years ago

The primary purpose of collective bargaining is to

Black_prince [1.1K]

Collective bargaining is a process of negotiation between employees and a group of employers aimed at agreements to regulate working salaries. The interests of the employees are commonly presented by representatives of a trade union to which the employees belong.

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3 years ago