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irakobra [83]
2 years ago
13

The electric utility rate for a facility during the months of May through October is 4.5 cents per kilowatt-hour for energy, $11

.50 per kilowatt peak demand, and a $68.00 per month meter charge. During the August billing period the facility used 96,000 kw-hrs and set a peak demand of 624 kw during the time between 4:45 P.M. and 5:00 P.M. in the afternoon on August 15. Calculate the August electric bill.
Business
1 answer:
Minchanka [31]2 years ago
4 0

Answer: $11564

Explanation:

Total units consumed for August = 96000

There's a peak demand of 624kw

Also, the May through October is 4.5 cents per kilowatt-hour for energy.

The August electric bill will then be:

= 96000 × 4.5/100 + 624 × 11.50 + 68

= (96000 × 0.045) + (624 × 11.50) + 68

= 4320 + 7176 + 68

= 11564

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Ruth Company produces 1,000 units of a necessary component with the following costs: Direct Materials $34,000 Direct Labor 15,00
Snowcat [4.5K]

Answer:

Option B is correct

The maximum price to be paid is = $64000

Explanation:

To determine the the maximum price we would compute using the relevant costs of internal production.

<em>The maximum price to be paid to external supplier should be the total relevant costs associated with internal production.</em>

Total relevant cost of internal production = 34,000 + 15,000 +9000 + 6000

The maximum price to be paid is = $64000

Note that the fixed overhead  of $6000 is associated with the internal production the balance of 4,000 is irrelevant and would be incurred either way.

4 0
3 years ago
Jonathon works for a U.S. company that doesn't produce goods domestically, but instead buys them from other countries and resell
TiliK225 [7]

Answer:

A:countertrade.

brainlist answer

8 0
2 years ago
- Name the six business management perspectives that go beyond planning, controlling, and decision making?
wel

Answer 4:

Following are the six business management perspective:

  1. Ethical Stance
  2. Strategic aspects of the decision
  3. Risk Management
  4. CSR Aspect
  5. Process Management Aspects
  6. Leaders Perspective

Answer 5:

IMA stands for Institute for Management Accountants.

The IMA Statement of Ethical Professional Practice has listed following four standards for the professionals who are member of IMA to comply with:

  1. Competence: The member must be competent in his role in accordance to his experience, skills, knowledge, complying laws & regulation and always acting ethically.
  2. Confidentiality: Must not breach the confidentiality implied duty on him except in situations when disclosure of information is mandatory by law.
  3. Integrity: Must be straight forward and there must be no self interest in his dealings with the company and must considerably reduced.
  4. Credibility: Communicate the results with unbiased decision making.

Answer 6:

Because freedom does not means that our self interest is everything. We owe duty of care to people who rely on our acts. An accountant, auditor or internal auditor must act ethically or universally that benefits everyone without breaking the laws and ethical duties imposed by the professional bodies. If we go back to Enron case, we see that the External auditor was not acting in the public interest and as a result Enron which was the world's first $100 billion dollars company collapsed. The collapse of Enron bankrupt many pension companies which further affected the lives of the ordinary person in the USA. Furthermore, due to collapse of Enron, a lot of people withdraw the amount invested in Stock exchange. Dozens of companies and millions of people suffered from this unethical behaviour of professionals.

Answer 7:

Corporate Social Responsibility means that the company is just like an human being and its operations must not harm the environment, so this the least duty which the stakeholders expect from them. Being a good social beings, the companies must try to stable the environment situation in its surrounding and wherever its stakeholders live. For Example, The refinery companies have stopped poluting the oceans with their oil spills, now they have opted to newest technology that will eliminate the harmful effects of their oil spills and bring stability in the environment.

Another example includes the lower usage of natural resources. In UK it is the companies responsibility to reduce its natural resources usage which will lower the pollution. This additional care has a cost and may lead to lower competitiveness of the products so there must be a law globally that enforces to act socially responsible.

7 0
2 years ago
arter Company sells merchandise on account for $4,000 to Hannah Company with credit terms of 2/10, n/30. Hannah Company returns
timama [110]

Answer:

The answers are:

  • Cr Accounts receivable $4,000
  • Dr $3,332 Cash
  • Dr $68 Sales discount
  • Dr $600 returned merchandise (damaged)

Explanation:

The credit terms of 2/10, n/30 means that if Hannah Company pays within ten days, they will get a 2% discount, or they have thirty days to pay the full receipt.

Hannah's check should be for:

($4,000 - $600) x 0.98% = $3,400 x 0.98% = $3,332  

Arter Company should record the following entries:

Cr Accounts receivable $4,000

Dr $3,332 Cash

Dr $68 Sales discount

Dr $600 returned merchandise (damaged)

6 0
3 years ago
Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, p
lesya692 [45]

Answer and Explanation:

a. The preparation of the sales budget is prepared below:-

                                            <u>Sonic Inc.</u>

                                          <u>Sales budget</u>

<u>Particulars          </u>Unit  Sales<u>           Unit Selling price     Total Sales </u>

                              <u>Volume</u>

Model Rumble:    

East Region          12,000                 $60                        $720,000

West Region         14,000                 $60                        $840,000

Total                                                                                 $1,560,000

Model Thunder:    

East region             3,500               $90                           $315,000

West region            4,000               $90                           $360,000

Total                                                                                   $675,000

Total revenue from sales                                                  $2,235,000

To reach the total revenue from sales we simply added the total of model rumble with a total of model thunder.

b. The Preparation of the production budget is shown below:-

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                                          <u>Production budget</u>

<u>Particulars </u>                    Units Model            Units Model

                                         <u> Rumble</u>                    <u>Thunder </u>

Expected units to be

sold                                       26,000                    7,500

                                     (12,000 + 14,000)      (3,500 + 4,000)

Add: Desired ending

inventory                                500                             250

Total units required               26,500                       7,750

Less: Beginning inventory      750                            300

Total units to be produced    25,750                     7,450

So, to reach at total units to be produced we simply deduct the beginning inventory from total units required.

7 0
2 years ago
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