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Alex Ar [27]
3 years ago
8

Giannini Inc., which produces and sells a single product, has provided the following contribution format income statement for Ma

rch:Sales (5,000 units) $ 300,000Variable expenses 175,000Contribution margin 125,000Fixed expenses 104,300Net operating income $ 20,700Required:Redo the company's contribution format income statement assuming that the company sells 5,200 units.
Business
1 answer:
OlgaM077 [116]3 years ago
5 0

Answer:

1233r%hhdkgdfghhgggffffguy65544÷

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Meena Chavan​ Corp.'s computer chip production process yields DRAM chips with an average life of 1 comma 800 hours and sigma ​=
Lena [83]

Answer:

Cp= 1.33

Explanation:

Giving the following information:

Meena Chavan​ Corp.'s computer chip production process yields DRAM chips with an average life of 1,800 hours and sigma ​= 100 hours. The tolerance upper and lower specification limits are 2,400 hours and 1,600 ​hours, respectively.

Cp= (upper specification - lower specification)/6*sigma

Cp= (2400 - 1600)/6*100= 1.33

3 0
3 years ago
UA Hamburger Hamlet (UAHH) places a daily order for its high-volume items (hamburger patties, buns, milk, and so on). UAHH count
Assoli18 [71]

Answer:

730 items

Explanation:

The objective of the given information is to determine the number of hamburgers UAHH should order for the following conditions:

Average daily demand 600

Standard deviation of demand 100

Desired service probability 99%

Hamburger inventory 800

The formula for a given order quantity in a fixed period of time can be expressed as :

q = \overline d(L+T)+ z \sigma_{L+T}-I

where;

q =  order quantity = ???

\overline d = daily demand average = 600

L = lead time in days = 1

T = time taken = 1

z = no of standard deviation = ???

\sigma_{L+T} = standard deviation of usage in lead time and time taken = ???

I = present inventory level = 800

\sigma_{L+T} = \sqrt 2 × standard deviation of daily demand

\sigma_{L+T} = \sqrt{2} *100

\sigma_{L+T} = 1.4142 * 100

\sigma_{L+T} = 141.42 items

From the Desired service probability 99% = 0.99; we can deduce the no of standard deviation by using the excel function (=NORMSINV (0.99))

z = 2.33

From q = \overline d(L+T)+ z \sigma_{L+T}-I

q =600(1+1)+ 2.33*(141.42)-800

q =600(2)+ 2.33*(141.42)-800

q =1200+329.5086-800

q = 729.5086 items

q ≅ 730 items

Therefore; the  number of hamburgers UAHH should order from the following given conditions = 730 items

6 0
3 years ago
A firm has the following gross requirements for Item OF. Ordering costs are $60 per order and carrying costs are $0.50 per perio
aleksley [76]

Answer:

c. 120

Explanation:

The economic order quantity is the minimum amount of inventory that a seller must keep to demand and lower the holding cost. The formula for Economic order quantity is represented by the formula:

EOQ = \sqrt{\frac{2*Demand*Ordering Cost}{Holding cost} }

EOQ = \sqrt{\frac{2*240*60}{0.5} }

EOQ = 120

5 0
3 years ago
On July 16, 2017, Logan acquires land and a building for $500,000 to use in his sole proprietorship. Of the purchase price, $400
SashulF [63]

Answer:

A.Land $100,000

Building 400,000

B.Land $100,000

Building 395,292

Explanation:

a. Logan's adjusted basis at acquisition date will be the cost of the land and that of the building which is:

Land $100,000

Building 400,000

b. What will be Logan adjusted basis at the end of 2017 :

Land will be: $100,000

Building will be :395,292

($400,000 − $4,708)

Thus the Depreciation is a capital recovery.

4 0
3 years ago
A company uses the departmental overhead rate method. Total overhead costs are $5,000,000. Of this total, the machining departme
AleksAgata [21]

Answer:

Allocation rate Machining= $50 per machine hour

Explanation:

Giving the following information:

Estimated Machining cost= $4,000,000

Estimated Number of machine hours= 80,000

<u>To calculate the allocation rate for the Machining department, we need to use the following formula:</u>

Allocation rate Machining= total estimated costs for the period/ total amount of allocation base

Allocation rate Machining= 4,000,000 / 80,000

Allocation rate Machining= $50 per machine hour

4 0
3 years ago
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