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Reika [66]
2 years ago
6

Cobb Company produces 8,000 parts each year, which are used in the production of one of its products. The unit product cost of a

part is $36, computed as follows: Variable production costs $16 Fixed production costs 20 The parts can be purchased from an outside supplier for only $24 each. If the part is outsourced, fixed production costs would be reduced by one-fourth. If the parts are purchased from the outside supplier, the annual impact on the company's operating income will be:
Business
1 answer:
MAXImum [283]2 years ago
3 0

Answer:

Explanation:

Total unit product cost = $36

If purchased from outside, then fixed costs will be only $15 because 25% of 20 will be reduced.

So, if purchased from outside,

Total unit cost = 24 + 15

Total unit cost = $39

So, it is more when purchased from outside. Total operating income will decrease by = 8,000 * (39 - 36) = $24,000

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Answer:

The correct answer to the following question will be "Consumption".

Explanation:

Investments, welfare spending, consumer spending are essential elements of GDP. That tells them what a nation is doing well. For every year, GDP is the world's total economic production.

Expenditure on resources consumption includes:

  • Durable goods (Furniture, cars, etc).
  • Non-durable goods (Oils. clothing, etc).
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Therefore, it's the right answer.

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2 years ago
What does the word Psychology means ?
nevsk [136]
Psychology is the study of behavior and the minds functions.
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3 years ago
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Slack Inc. borrowed $400,000 on July 1, 2020. The note requires interest at 12% and principal to be paid in one year. Which acco
ale4655 [162]

Answer:

The account is debited on December 31, 2020: Interest expense by the  entry:

Debit Interest expense $24,000

Credit  Interest Payable $24,000

Explanation:

Slack Inc. borrowed $400,000 on July 1, 2020. The note requires interest at 12%.

The amount of interest Slack Inc. pays per year = $400,000 x 12% = $48,000

On December 31, 2020, the company has borrowed $400,000 for 6 months. Following the Accrual basis, Slack Inc. would report on December 31, 2020 the interest expense for 6 months:

$48,000/12 x 6 = $24,000

The adjustment entry:

Debit Interest expense $24,000

Credit  Interest Payable $24,000

7 0
3 years ago
Jamal gets qualified for a 30,000 car loan that has a 5 year term and has an interest rate of 5.9% APR. He decides to take those
stiks02 [169]

Jamal's monthly payment for the car loan is $578.59.

Data and Calculations:

Amount of Jamal's auto loan = $30,000

Term of the auto loan = 5 years or 60 months

Interest rate payable = 5.9% APR

Monthly payment from an online financial calculator:

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Total Loan Amount = $30,000.00

Upfront Payment = $0.00

Total of 60 Loan Payments = $34,715.41

Total Loan Interest  = $4,715.41

Total Cost = $34,715.41

Thus, Jamal will be making a monthly payment of $578.59.

Learn more about calculating monthly payments for auto loans at brainly.com/question/11866605

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2 years ago
Salty Snacks Inc. markets a fish-shaped cracker. When Tasty Tidbits Inc. begins to sell a similar product, Salty files a suit ag
zhannawk [14.2K]

The court is unlikely to bring Salty Snacks Inc. a claim. The allegation of infringement and the allegation of confusion has no legal arguments as the fish format of the product is not a trademark. So there is no legal reason for Salty Snacks Inc. to sue Tasty Tidbits Inc, just another example of market competitiveness.

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