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3 years ago

Primare Corporation has provided the following data concerning last month’s manufacturing operations.

Business

1 answer:

Darya [45]3 years ago

8 0

Answer:

Results are below.

Explanation:

To calculate the cost of goods manufactured, we need to use the following formula:

Cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

Cost of goods manufactured= 54,700 + (11,300 + 30,000 - 19,200) + 58,100 + 87,400 - 69,900

Cost of goods manufactured= $152,400

Now, the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 33,600 + 152,400 - 43,600

COGS= $142,400

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Union Local School District has a bond outstanding with a coupon rate of 2.9 percent paid semiannually and 24 years to maturity.

marta [7]

Answer:

The bond price is $ 9,184.18

Explanation:

I discounted all the future cash flows of the bond to present value in order to arrive at the price of the bond.

The discounting factor formula is 1/(1+r)^N where r is the rate of return of 3.4% divided by two as the return is semi-annualized and N is the relevant period of the cash flow.

The coupon is also divided by two to show that it is received twice a year.

Find attached detailed computation.

Download xlsx

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4 years ago

Read 2 more answers

Omron Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly c

BigorU [14]

Answer:

Total relevant cost

unit level materials 7,500

unit level labor 8,250

unit level overhead 5,250

product level cost(13,500*1/3) 4,500

Total relevant cost 25,500

cost of buying (10,000*3)= 30,000

Should Omron continue to make the containers Yes

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3 years ago

The marketing concept works for nonprofit organizations such as colleges and hospitals as well as for businesses whose goal is t

vodomira [7]

Answer:

True.

Explanation:

The concept of marketing can be defined as a set of strategic tools used for the development of an organization through the variables product, price, place and promotion.

Therefore marketing is used by both for-profit and non-profit companies as its primary purpose is to help the organization develop and achieve positive results.

In non-profit companies, Social Marketing is practiced, an expanding concept in the world, whose objectives are to attract sufficient resources and convert them into products and services that can be distributed to the consumer public for the non-profit institution to be successful.

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3 years ago

Rachel has just finished the business plan for a franchise that she expects to have international appeal. She is concerned about

mr Goodwill [35]

Answer:

B) The Madrid Protocol

Explanation:

The Madrid Protocol is the international system used to register trademarks around the world. This protocol is based originally on the multilateral treaty of 1891 called the Madrid Agreement Concerning the International Registration of Marks. That treaty was later updated in 1989 by the Protocol Relating to the Madrid Agreement. By 2019, 120 countries had signed the Madrid Protocol.

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4 years ago

Consider the following statement: "the problem with economics is that it assumes that consumers and firms always make the correc

Alexandra [31]

Answer:

Economists do not assume that consumers and firms always make correct decisions, instead they assume that consumers and firms make rational decisions

Explanation:

This assumption that firms and consumers make rational decision is based on the economic rationality principle. The principle theorizes that people will usually consider actions, decisions and options based on logical thinking rather than other subjective elements such as morals, psychology and emotion. As a result of this principle economists assume that people will always make rational decisions.

The meaning of this is that consumers and firms would usually weigh the pros and cons of an issue before taking a decision and as described in the correct statement, rational decisions are logical decisions they do not necessarily mean they are correct decisions.

A consumer can make a logical decision to buy a product based on information made available but this may be a wrong decision because the information is misleading or wrong. It is a logical but incorrect decision.

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3 years ago