The vice president and some other people i think<span />
Answer:
$26,800
Explanation:
Sales revenue after further processing:
= Units produced from each ton of clypton × Selling price per unit
= 7,300 × $15
= $109,500
Sales revenue at split off point:
= Units produced from each ton of clypton × Selling price per unit
= 7,300 × $10
= $73,000
Incremental revenue:
= Sales revenue after further processing - Sales revenue at split off point
= $109,500 - $73,000
= $36,500
Incremental profit = Incremental revenue - Incremental cost
= $36,500 - $9,700
= $26,800
Therefore, financial advantage (disadvantage) of further processing product X15 is $26,800.
Answer:
1. <em>If this law of contributory negligence applies to the state, then Ramona will receive no compensation for the damages she sustained. </em>
<em>
</em>2<em>. If this law of comparative negligence applies to this state, then Ramona will get 100% - 20% = 80% of the damages incurred in the accident, from John which will be $80,000</em>
<em />
Explanation:
In contributory negligence, the defense completely bars plaintiffs from any recovery if they contribute to their own injury through their own negligence.
<em>If this law of contributory negligence applies to the state, then Ramona will receive no compensation for the damages she sustained. </em>
<em>
</em>
In comparative negligence, the plaintiff's damages is award by the percentage of fault that the fact-finder assigns to the plaintiff for his or her own injury i.e the plaintiff's damage compensation is reduced by percentage of his/her percentage of fault.
<em>If this law of comparative negligence applies to this state, then Ramona will get 100% - 20% = 80% of the damages incurred in the accident, from John</em>
this is 80% of $100,00 which is equal to <em>$80,000</em>
Answer:
Calculations below
Explanation:
beginning cash balance $ 26,000
Add; Cash receipts $ 105,000
Total cash available $ 131,000
Less: Cash disbursments $ (94,000)
Excess (Deficieny) of cash available over disbursments $ 37,000
Borrowings ($70,000-$37,000) $ 33,000
Ending cash balance $ 70,000
If we used the retail method to estimate the ending inventory first we get the given of the problem that can be used in solving.
Given
Sales - 200,000
Goods available for sale - 261,000 (cost) & 450,000 (retail)
First, we need to get the cost of retail ratio. the formula is
Cost to Retail ratio= Cost/ Retail
261,000
CRR= ------------- = 0.58
450,000
Next is to get the ending inventory by following this steps
Cost Retail
Cost of Goods Available for Sale $261,000 $450,000
- Sales $200,000
------------------
Ending Inventory $250,000
x Cost to Retail Ratio .58
------------------
Ending Inventory $145,000
So, the estimated ending inventory for the month of July is $145,000.