Which of these goals is specific?

Using ABC in a service company

Ilia_Sergeevich [38]

Answer:

Blanchette Plant Service

ABC Costing Technique:

1. Total cost of the Kerry job:

Plants = $750

Direct labor = 1,300

Total cost = $2,050

2. Determination of operating income or loss (Kerry's job):

Service Revenue = $3,540

less cost of service 2,050

Operating income = $1,490

3. With desired operating income of 30% of cost:

Operating income = $615 ($2,050 x 30%)

The company can charge the Kerry job $2,665 ($2,050 + 615) or ($2,050 x 1.3)

Explanation:

Operating income or loss is the difference between revenue and costs of providing the services or goods. When the revenue exceeds the operating cost, the difference is an operating income. When the revenue is exceeded by the operating cost, the difference is an operating loss. While the former means that the organization has added value to its resources, the latter implies that the organization has lost some value to its resources, thereby reducing the equity of the owners in the business entity.

6 0

4 years ago

Any changes to a firm's projected future cash flows that are caused by adding a new project are referred to as:________

My name is Ann [436]

The additional operating cash flow after a new project is called incremental cashflow

The increased operating cash flow that a company obtains as a result of taking on a new project is known as incremental cash flow. If the project is approved, the company will experience an increase in cash flow, which is known as a positive incremental cash flow. A project should receive funding from an organization if the incremental cash flow is positive.

When examining incremental cash flows, it is important to take into account several factors, including the original investment, cash flows from taking on the project, terminal cost or value, and the scope and time of the project. The net cash flow from all cash inflows and outflows during a certain period and between two or more company decisions is known as incremental cash flow.

Learn more about cashflow at

brainly.com/question/24179665

#SPJ4

8 0

1 year ago

Leah, Inc., is proposing a rights offering. Presently there are 400,000 shares outstanding at $54 each. There will be 25,000 new

MatroZZZ [7]

Answer: a. $22,725,000

b. 16.00 rights per new share

c. $53.47 per share

d. $0.53 per share

Explanation:

(a)-New Market Value

New Market Value = [Number of shares outstanding x Price per share] + [New shares issued x Price per share]

= [400,000 shares x $54 per share] + [25,000 shares x $45 per share]

= $21,600,000 + $1,125,000

= $22,725,000

(b)-Number of rights needed

Number of rights needed = Current number of shares outstanding / New shares issued

= 400,000 shares / 25,000 shares

= 16.00 rights per new share

(c)-Ex-rights price

Ex-rights price = New Market Value / Total number of shares outstanding

= $22,725,000 / [400,000 shares + 25,000 shares]

= $22,725,000 / 425,000 shares

= $53.47 per share

(d)-Value of a right

Value of a right = Current market price per share - Ex-rights price

= $54.00 per share - $53.47 per share

= $0.53 per share

7 0

3 years ago

A ______ provides the opportunity for distributed practice, one of the keys to deep and lasting learning.

baherus [9]

<span>A "32-day commitment" provides the opportunity for distributed practice, one of the keys to deep and lasting learning.
</span>
There are number of various advantages of making and keeping a 32-day commitment. To start with, it ensures that you invest some time in undertaking, which is basic to any achievement. Second, a 32-day responsibility naturally gives circulated hone, one of the keys to profound and enduring learning. And third, it encourages you to gain unmistakable ground toward your objective, along these lines raising your desires of progress and your inspiration to endure.

7 0

4 years ago

Bryce Corporation has pretax accounting income of $100,000. Bryce has interest on municipal bonds of $7,000. Depreciation for ta

Ket [755]

Answer:

$90,000

Explanation:

It is given that :

The pretax accounting income of Bryce Corporation 100,000

The interest on the municipal bonds - 7,000

The depreciation - 5,000

The difference in bad debt expense (3000-1000) <u> +2,000</u>

So the total income of Bryce Corporation $ 90,000

4 0

3 years ago