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julsineya [31]
2 years ago
7

Wixis Cabinets makes custom wooden cabinets for high-end stereo systems from specialty woods. The company uses a job-order costi

ng system. The capacity of the plant is determined by the capacity of its constraint, which is time on the automated bandsaw that makes finely beveled cuts in wood according to the preprogrammed specifications of each cabinet. The bandsaw can operate up to 181 hours per month. The estimated total manufacturing overhead cost at capacity is $14,480 per month. The company bases its predetermined overhead rate on capacity, so its predetermined overhead rate is $80 per hour of bandsaw use.
The results of a recent monthâs operations appear below:


Sales $ 43,780
Beginning inventories $ 0
Ending inventories $ 0
Direct materials $ 5,350
Direct labor $ 8,820
Manufacturing overhead incurred $ 14,300
Selling and administrative expense $ 8,160
Actual hours of bandsaw use 151
Required:

1-a. Prepare an income statement that records the cost of unused capacity on the income statement as a period expense.

1-b. How much of the cost of unused capacity can be shown on the income statement as a period expense?
Business
1 answer:
rewona [7]2 years ago
3 0

Answer: what is the question?

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<span>Any sort of skill or experience that demonstrates talents, or lack thereof, that contradict the necessary skills and inclinations of a reporter. These would include illiteracy, disorganization, lack of curiosity, excessive shyness, failure to follow through or follow up, naivete or blind allegiance, and dishonesty.</span>
5 0
3 years ago
A. Suppose there is a surge in consumer confidence, creating an increase in aggregate demand in the economy. The Federal Reserve
Mrac [35]

Answer:

See below.

Explanation:

For a, first we calculate the credit multiplier of the economy,

Credit multiplier = 1 / reserve ratio

Credit multiplier = 1 / 0.25 = 4

This means that any change in money supply will be 4 times as much in the economy, hence to induce a change of $120 billion, the Fed will decrease the money supply by 120/4 = $30 billion. This will increase the interest rates just enough to stabilize aggregate demand.

For b, we again start by calculating the credit multiplier.

Credit multiplier = 1/0.10 = 10

Since the Fed want to stimulate investment, it needs to use an expansionary monetary policy.

The Fed thus increases the money supply by 150/10 = $15 billion.

This will have the total effect of 150 billion on the whole thus achieving the Fed's objectives.

Hope that helps.

4 0
2 years ago
Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand
Archy [21]

Answer:

A. 12 units

B. 77 units

Explanation:

A. Calculation to determine What safety stock level do you recommend for BX-5

Using this formula

Safety stock = Z * Standard deviation of demand

Let plug in the formula

Safety stock= 1.65* 7

Safety stock= 11.55 units

Safety stock=12 units (Approximately)

Therefore The safety stock level recommended for BX-5 is 12 Units

b. Calculation to determine What is the appropiate reorder point

Using this formula

Appropriate re-order point = Mean lead time demand + Safety stock

Let plug in the formula

Appropriate re-order point = 65 + 12

Appropriate re-order point = 77 units

Therefore the appropiate reorder point will be 77 units

4 0
2 years ago
If the Federal Reserve were to change from an expansionary to a contractionary monetary
zzz [600]

Answer:

B) systematic risk

Explanation:

Federal Reserve changes in monetary policies affect the entire securities market hence considered a Systematic risk. It is also known as the Non-diversifiable risk ; it cannot be diversified away unlike stock specific or industry specific risk(unsystematic ) which can be eliminated through diversification.

Systematic risk is unavoidable and may be difficult to predict. Other examples include increase in long term interest rates, recessions or wars. Additionally, Investors are only compensated for systematic risk and not for diversifiable risk.

6 0
3 years ago
PLEASE ANSWER ASAP WILL GIVE BRAINLIEST AN LOTSSSS OF POINTS
Luba_88 [7]

Explanation:

1a)\frac{(2000 \times 10 \times 5) + (3000 \times 5 \times 6.5)}{100 + 100 }  \\  = \frac{100000 + 97500}{100 + 100}  \\  = 1000 + 975 + 1500 + 800 \\ 4275

7 0
2 years ago
Read 2 more answers
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