I the second one is more risky I'm not really that good at business
Answer:
$6,655
Explanation:
Variable cost per bag = $3.70
Total fixed cost = $10,000
Unit selling price before further processing = $9.05
No of bags = 10,000
Contribution per bag = 9.05-3.7 = $5.35
Total revenue = 9.05*10,000= $90,500
Net income =90500-(10,000+37000 )= 43500
Incremental cost =2100
Incremental revenue( 10,000*8.05) + (3100*6.05)
80500 + 18755 = $99255
Net income = 99255 - (2100+47000)= 50155
Financial advantage = 50155-43500=6655
Answer: d. Control, because they are attempting to minimize labor costs
Explanation:
By trying to reduce labor costs, FlanCrest is engaging in a Control HR Strategy that will see them control the costs being expended on human resources.
This case shows how Controling activities such as cost cutting can be done to keep customers because if FlanCrest did not do what they did, they might have lost Widespread Motors as customers.
Answer: The general journal is used to post all accounting entries.
Explanation:
The general journal is the journal where all company transactions are recorded in. In other words, a general journal is the book of original entry where bookkeepers and accountants record business transactions according to the date the transactions take place.
It is the initial place where transactions are recorded, every page in the journal is divided into columns for dates, debit or credit records, serial numbers etc. Some companies keep specialized journals, such as sales journals or purchase journals, which records only a particular type of transactions. When a transaction has been recorded in the general journal, the amount is then posted to the appropriate accounts.
Answer:
847,740 shares
Explanation:
diluted earnings per share formula:
= (net income - preferred dividends) / (weighted average + diluted shares)
diluted shares are convertible securities (e.g. bonds or preferred stock) that are converted into common stocks.
common stocks outstanding Dec. 31, 2021 = 809,000
diluted shares = [($50 - $37) / $50] x 149,000 = 38,740 diluted shares
the denominator of the diluted EPS formula = weighted average + diluted shares = 809,000 + 38,740 = 847,740 shares
