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Vikentia [17]
3 years ago
8

Garcia company has 10,000 units of its product that were produced last year at a total cost of $150,000. the units were damaged

in a rain storm because the warehouse where they were stored developed a leak in the roof. garcia can sell the units as is for $2 each or it can repair the units at a total cost of $18,000 and then sell them for $5 each. calculate the incremental net income if the units are repaired
Business
1 answer:
timurjin [86]3 years ago
4 0

Answer and Explanation:

The computation of the incremental net income is shown below:

<u>Particulars    Sell          Process Further      Incremental Net income </u>

Sales        $20,000.00    $50,000.00        $30,000.00

          (10,000 units × $2)  (10,000 × $5)

Less:

Additional

Processing cost                 $18,000.00          $18,000.00

Total        $20,000.00      $32,000.00          $12,000.00

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3 0
3 years ago
Which statement best explains the decrease in manufacturing jobs over the next few years?
Anastaziya [24]

The best reason for the reduction in manufacturing jobs is that These jobs are often outsourced to overseas factories.

<h3>Manufacturing trend in developed countries </h3>
  • Large companies are outsourcing manufacturing services to other nations.
  • This is usually to save costs and to avoid certain regulatory oversight.

As a result of these jobs being shipped abroad, manufacturing jobs in developed countries are suffering and will decrease in the next few years.

In conclusion, option B is correct.

Find out more on manufacturing jobs at brainly.com/question/25553251.

7 0
2 years ago
Gross Corporation adopted the dollar-value LIFO method of inventory valuation on December 31, 2013. Its inventory at that date w
Murrr4er [49]

Answer: $603,500

Explanation:

Ending inventory in 2014;

= Ending inventory balance 2013 + ((\frac{Inventory current price 2014}{Price index 2014} * 100) - ending inventory 2013)) * Price index 2014/100

= 550,000 + ((\frac{642,000}{107}* 100) - 550,000)) * 107/100

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3 0
3 years ago
When demand shocks lead to recessions, it is mainly due to unexpected changes in the:________.
Alexeev081 [22]

Answer:

When demand shocks lead to recessions, it is mainly due to unexpected changes in the:

the inability of government policy to affect demand.

Explanation:

Government has every right to make policies that would strictly affect price, if this is not done and there is inflation of price it would lead to recession.

8 0
3 years ago
Read 2 more answers
Help!!
11Alexandr11 [23.1K]

Answer:

-Checking accounts almost never generate interest.

-It's much easier to spend money from a checking account.

have a nice day!

4 0
3 years ago
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