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sertanlavr [38]
3 years ago
14

Jeremy Westbrook owns an organic food company which has increased both its profits and revenues over an extended period of time.

Jeremy's firm is experiencing ________ growth.
Business
1 answer:
valina [46]3 years ago
3 0

People grow in different ways in their business. Jeremy's firm is experiencing Sustained growth.

  • Sustained growth often takes place when a state controls all monetary creation, set up a market-based exchange rate, and handles property rights.

For when a person experienced sustained growth for only a short timeframe, the increase in wealth inequality is likely to be greatest for the fast-growing economies.

The food company has increased steadily in its revenue without additional financial aid, and its growth is sustained.

Learn more from

brainly.com/question/24556402

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On the basis of the details of the following fixed asset account, indicate the items to be reported on the statement of cash flo
harina [27]

Answer and Explanation:

The items that should be reported on the cash flow statement is shown below;

On March 12 Purchase of fixed assets - investing activity - deducted - $104,300

On Oct 4  Sale of fixed assets - investing activity - added - $63,840

Gain on sale of fixed assets - operating activities - deducted - $31,710 ($95,550 - $63,840)

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3 years ago
Five days after signing a contract to purchase a new timeshare in North Carolina, the buyer cancels the timeshare contract. Acco
dangina [55]

Answer:

Under north Carolina's laws, the developer must refund the buyer's money within a 30 day period since the purchase date. North Carolina law also sets a deadline of 5 calendar days to cancel a timeshare contract, so this buyer barely made it on time. A buyer cannot waive his right to cancellation, even if the option is not included in the contract.

6 0
3 years ago
Blast it! said David Wilson, president of Teledex Company. "We’ve just lost the bid on the Koopers job by $4,000. It seems we’re
Bond [772]

Answer:

1. Assuming use of a plant-wide overhead rate:

A. Compute the rate for the current year.

  • = $903,000 / $645,000 = $1.40 per $ of direct labor cost

B. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job.

  • = $14,300 x 1.4 = $20,020

2. Suppose that instead of using a plant-wide overhead rate, the company had used a separate predetermined overhead rate in each department. Under these conditions:

A. Compute the rate for each department for the current year.

  • fabricating = $376,250 / $215,000 = $1.75 per $ of direct labor cost
  • machining = $430,000 / $107,500 = $4 per $ of direct labor cost
  • assembly = $96,750 / $322,500 = $0.30 per $ of direct labor cost

B. Determine the amount of manufacturing overhead cost that would have been applied to the Koopers job.

  • fabricating = $5,800 x 1.75 = $10,150
  • machining = $800 x $4 = $3,200
  • assembly = $7,700 x $0.30 = $2,310
  • total = $15,660

3. Assume that it is customary in the industry to bid jobs at 150% of total manufacturing cost (direct materials, direct labor, and applied overhead).

A. What was the company's bid price on the Koopers job if a plant-wide overhead rate had been used to apply overhead cost?

  • total production costs = $7,900 + $14,300 + $20,020 = $42,220
  • bid price = $42,220 x 1.5 = $63,330

B. What would the bid price have been if departmental overhead rates had been used to apply overhead cost?

  • total production costs = $7,900 + $14,300 + $15,660 = $37,860
  • bid price = $37,860 x 1.5 = $56,790

4. There are no requirements for question 4.

Explanation:

Department

                        Fabricating      Machining     Assembly       Total Plant

Direct labor       $215,000        $107,500     $322,500       $645,000

Man. overhead $376,250       $430,000       $96,750       $903,000

Koopers Job

                        Fabricating      Machining     Assembly       Total Plant

Direct materials $4,500             $500           $2,900           $7,900  

Direct labor        $5,800             $800           $7,700          $14,300

5 0
3 years ago
Which of the following is the most relevant example of value in use pricing? A special replacement part is worth becuase: it cos
Doss [256]

Answer:

I think 1 option is right answer

8 0
3 years ago
Activity Levels and Cost Drivers Shroeder Machine Shop has the following activities:
zepelin [54]

Answer:

a. Machine Operation

Unit level, No. of units produced

b. Machine setup

Batch level, No. of batch setup

c. Production scheduling

Batch level, No. of batch setup

d. Material receiving

Unit level, Unit of material used in production of a single unit

e. Research and development

Facility level, Research done and used in development

f. Machine maintenance

Unit level, No. of units made

g. Product design

Product level, Changed product designs

h. Parts administration

Facility level, No. of parts changed

i. Final inspection of a sample of products

Batch level, No. of batched inspected

j. Materials handling

Facility level, Quantity of raw material handled

Explanation:

a. Machine Operation

Unit level, No. of units produced

b. Machine setup

Batch level, No. of batch setup

c. Production scheduling

Batch level, No. of batch setup

d. Material receiving

Unit level, Unit of material used in production of a single unit

e. Research and development

Facility level, Research done and used in development

f. Machine maintenance

Unit level, No. of units made

g. Product design

Product level, Changed product designs

h. Parts administration

Facility level, No. of parts changed

i. Final inspection of a sample of products

Batch level, No. of batched inspected

j. Materials handling

Facility level, Quantity of raw material handled

5 0
3 years ago
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