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3 years ago

15

the budgeted standard hours of a factory is 12000.the capacity utilization for april 2017 stood at 90% while the efficiencyratio

for the month came to 120%, the actual production cost in hours for 2017 was

1 answer:

Vikki [24]3 years ago

5 0

Answer:

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Explanation:

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17 Select the correct answer. Which characteristic best describes organizational buying? A. The market contains huge numbers of

Kryger [21]

Answer:

The market contains huge numbers of buyers.

Explanation:

Organization buying is the process through which formal institutions establish the basis for purchasing products or services. It involves identifying, evaluating, and picking the ideal option from the available brands and suppliers. A typical organization will have a team of skilled workers directly or indirectly involved in the buying process. Businesses that purpose to maximize profits will go the extra mile to get the best deals on their purchases.

Organization buying will involve the participation of many people. Common characteristics of organization buying are

Several people in the organization influence buying
The organizational buyers are qualified professionals in purchasing.
A lot of purchasing occurs in direct dealing with producers.
The purchases are in large quantities
Close relationships and service are required.

3 0

3 years ago

Cane Company manufactures two products called Alpha and Beta that sell for $195 and $150, respectively. Each product uses only o

Savatey [412]

Answer and explanation:

a.

the table below shows the impact of dropping beta product

Loss of Contribution Margin if Beta is Dropped (75,000*64) -$4,800,000

Traceable Fixed Manufacturing Overhead (123,000*33) $4,059,000

Incremental Contribution Margin from Additional Alpha Sales (15,000*72)

$1,080,000

Increase in Net Operating Income if Beta is Dropped $339,000

Notes:

Contribution Margin Per Unit (Beta) = 150 (Selling Price) - 15 (Direct Material) - 28 (Direct Labor) - 20 (Variable Manufacturing Overhead) - 23 (Variable Selling Expenses) = $64 per unit

Contribution Margin Per Unit (Alpha) = 195 (Selling Price) - 40 (Direct Material) - 34 (Direct Labor) - 22 (Variable Manufacturing Overhead) - 27 (Variable Selling Expenses) = $72 per unit

check the attached files for additional details

where 9=b, 10=c, etc

6 0

3 years ago

b. If foreigners spend $7 billion on U.S. exports in a given year and Americans spend $5 billion on imports from abroad in the s

LiRa [457]

Answer:

$2 billion

Explanation:

Foreigners spend $7 billion on U.S net exports

Americans spend $5 billion on imports

Therefore the value of U.S net exports can be calculated as follows

= $7 billion-$5billion

= $2 billion

Hence the value of U.S net exports is $2 billion

7 0

3 years ago

Toy Town is considering a new toy that will cost $49,100 in startup costs. The toy is expected to produce cash flows of $47,500

Tasya [4]

Answer:

NPV with a 14.9% discount rate: 6,329.06

The toy should be produced as the NPV is positive.

IRR = 26.65%

Explanation:

First we calculate for the NPV using the given discount rate of 14.9%

We will calculate the present value of each year cash inflow:

$\frac{inflow}{(1 + rate)^{time} } = PV$

Year 1 cash inflow: 47,500.00

time 1.00

rate 0.149

$\frac{47500}{(1 + 0.149)^{1} } = PV$

PV 41,340.30

Year 2 cash inflow: 18,600.00

time 2.00

rate 0.149

$\frac{18600}{(1 + 0.149)^{2} } = PV$

PV 14,088.76

Then, we add them and subtract the investment to get NPV

NPV = 14,088.76 + 41,340.3 - 49,100 = 6,329.06

The toy should be produced as the NPV is positive.

Now for the IRR

That is the rate at which NPV equals zero we can solve for this using the quadratic equation as there are only two cash flow:

Year 1 will discount at (1+IRR)

Year 2 will be discount at (1+IRR )^2

So we can express and recreate the quadratic formula:

18,600 X^2 + 47,500 X - 49,500 = 0

A = 18,600

B = 47,500

C = -49,100

$x_1 = \frac{-b+\sqrt{b^{2} -4ac}}{2a}\\x_2 = \frac{-b -\sqrt{b^{2} -4ac}}{2a}$

We can solve and get:

x1 = 0.78957

x2 = -3.3433

We take the positive value.

and now solve for IRR

$\frac{1}{1+ IRR} = 0.78957\\IRR = \frac{1}{0.78957} -1$

IRR = 0,2665121 = 26.65%

This will be the IRR for the project.

4 0

4 years ago

On December 1, 2016, Fine Dining Products borrowed $84,000 on a 12%, five-year note with annual installment payments of $16,800

kenny6666 [7]

Answer:

$16,800

Explanation:

The amount of the note payable as the current position of long term notes payable on the balance sheet as of December 31, 2016 can be calculated by just dividing the principal amount by the number of periods it has been borrowed for

Calculation: 84000/5 = $16,800

3 0

3 years ago