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rosijanka [135]
3 years ago
14

One way to make ratio analysis more meaningful is to compare the ratios of one firm to those of other firms in the same industry

. True Or False
Business
1 answer:
forsale [732]3 years ago
6 0
False. Hope this helped
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Remodeling is an<br> A. neither. B. Asset. C.expense
nikklg [1K]

Answer:

C expense meaning cost money

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2 years ago
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The most important difference between for-profit businesses and nonprofit organizations is that:
kolezko [41]

The most important difference of the two or between businesses in the profit and nonprofit organizations is that in terms of nonprofit organizations, the organization owners does not make money, while the profit organizations—it makes money for the organizations’ owners.

7 0
3 years ago
When Job 117 was completed, direct materials totaled $4,400; direct labor, $5,600; and factory overhead, $2,400. A total of 1,00
DaniilM [7]

Answer:

d.$12.40

Explanation:

The computation of the  per unit cost is shown below:

= Total cost ÷ Number of units produced

where,

Total cost = Direct material cost + Direct labor cost + Factory overhead cost

= $4,400 + $5,600 + $2,400

= $12,400

And, the units produced = 1,000 units

So per unit cost equal to

= $12,400 ÷ 1,000 units

= $12.40

3 0
3 years ago
Youngstown Glass Company manufactures three types of safety plate glass: large, medium, and small. All three products have high
Ann [662]

Answer:

                                                           Large    Medium    Small

Unit selling price                                 $184      $160       $100

Unit variable cost                                  130        120          76

Unit contribution margin                     $54        $40        $24

Autoclave hours per unit                       3            2              1

Total process hours per unit                 5            4              2

Budgeted units of production           3,000     3,000    3,000

a. Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production.

  • total contribution margin for large safety plate glasses = $54 x 3,000 = $162,000
  • total contribution margin for medium safety plate glasses = $40 x 3,000 = $120,000
  • total contribution margin for small safety plate glasses = $24 x 3,000 = $72,000

b. Prepare an analysis showing which product is the most profitable per bottleneck hour.

contribution margin per autoclave hour:

  • large safety plate = $54 / 3 = $18 per autoclave hour
  • medium safety plate = $40 / 2 = $20 per autoclave hour
  • small safety plate = $24 / 1 = $24 per autoclave hour ⇒ MOST PROFITABLE PRODUCT PER AUTOCLAVE HOUR (BOTTLENECK)

7 0
2 years ago
Maintaining ___________ involves producing what the customer wants while reducing errors before and after delivery to the custom
earnstyle [38]

Answer:

Quality

Explanation:

In business terms the quality is the level of service or product meets the customer's expectation. Customer want a good quality product or service in a competitive price. Some customers can compromise on the price factor but they require high quality without any error or defect. So, producing what customer wants is called Quality.

5 0
3 years ago
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