Answer:
Financial advantage of purchasing Cisco from outside vendor = $9,440
Explanation:
7,900 units produced
variable costs allocated to Cisco units (avoidable):
- direct materials $4.58 per unit
- direct labor $4.51 per unit
- indirect labor $0.45 per unit
- utilities $0.41 per unit
- total $9.95 x 7,900 units = $78,650
fixed manufacturing costs allocated to Cisco:
- depreciation $860
- property taxes $320
- Insurance $610
- total $1,790
an outside supplier can provide Cisco for $63,200 plus:
- freight and inspection costs $0.60 per unit x $7,900 = $4,740
- total receiving costs $1,270
- total $6,010
Incremental Analysis
Produce Purchase Difference
Cisco Cisco amount
Variable production $78,650 $78,650
costs
Purchase price $63,200 ($63,200)
Additional expenses $6,010 ($6,010)
Financial advantage of purchasing Cisco $9,440
Allocated fixed costs are not included in this analysis since they cannot be avoided by either action, producing or purchasing.
U.s Senators are required to be 30 years old and a u.s citizen for at least nine years
Those are all examples of liabilities. To be more specific, they are <u>current liabilities</u>. Interest payable, income tax payable, and salary payable are obligations that must be paid of within one operational cycle, thus they are just current liabilities.
Current liabilities are debts that must be paid off within a year or one operational cycle, whichever comes first. They can also be paid off using current assets or generate new current liabilities.
Analysts, accountants, and investors assess a firm's payables to determine how effectively it can fulfill its short-term financial obligations thus, the firm basically needs to generate sufficient profits and money in the immediate term to meet its debt commitments.
Learn how to define liability and differentiate between a current liability and a long-term liability: brainly.com/question/28391469
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Answer:
The labor market operates in the US and other free-market systems according to the laws of supply and demand. Workers or laborers offer their time to the marketplace for a price. Business firms have a demand for labor of various kinds at various prices.
Explanation:
Answer:
Virtual.
Explanation:
Virtual means not physically existing as such but made by software to appear to do so.
