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3 years ago

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C&a+sold+30%+of+the+5000+items+that+it+carried+last+week. +there+were+500+items+for+which+some+demand+was+not+satisfied. +wh

at+is+the+in-stock+probability+for+last+week?.

1 answer:

Hunter-Best [27]3 years ago

6 0

Answer:

.............

Explanation:

..................

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As it places its order for truck tires with Michelin, South Side Industrial Supply realizes that it must also place an order for

Dovator [93]

Answer:

The correct word for the blank space is: joint.

Explanation:

Joint demand refers to the demand for products and services that are dependent on each other. In such cases, those goods are complementary but they can be acquired separately if necessary. An example of goods with joint demand would be tea and sugar or a printer and ink.

8 0

3 years ago

Werth Company produces tie racks. The estimated fixed costs for the year are $288,000, and the estimated variable costs per unit

____ [38]

Answer:

Option (A) is correct.

Explanation:

Given that,

Estimated fixed cost = $288,000

Estimated variable cost = $14 per unit

Units expects to produce and sell = 60,000

Selling price = $20 per unit

We first need to calculate the contribution margin:

Contribution margin per unit:

= Selling price - Variable cost

= $20 - $14

= $6

The break even point in units is the ratio of fixed cost to the contribution margin per unit.

Break-even point in units:

= Fixed cost ÷ Contribution margin per unit

= $288,000 ÷ $6

= 48,000 units

8 0

3 years ago

Michael Company reports the following account balances at the end of the first year of operations: Revenues $ 160 comma 000 Cos

professor190 [17]

Answer:

$46,000

Explanation:

The computation of the total liabilities at the end of the first year is shown below:

We know that

Total assets = Total liabilities + stockholder equity

where,

Total assets = Cash + land + short term investment

= $102,000 + $40,000 + $14,000

= $156,000

Stockholder equity = Common stock + net income - dividend paid

= $50,000 + 72,000 - $12,000

= $110,000

So, the total liabilities would be

= $156,000 - $110,000

= $46,000

Working Note:

The net income is

= Revenue - cost of goods sold - Salaries Expense - Utilities Expense - Advertising Expense 

= $160,000 - $46,000 - $21,000 - $11,000 - $10,000

= $72,000

3 0

3 years ago

You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carrie

Ray Of Light [21]

Answer:

Here is the answer!

Explanation:

You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carried out a market survey and have already determined the price of the product and the targeted audience.

You are working as a communication specialist for BMW which is releasing a new luxury car in March 2021. BMW have already carried out a market survey and have already determined the price of the product and the targeted audience. Now that your company have to start a sale campaign, you have been asked to elaborate with your team the communication strategy for conducting this campaign during spring and summer (From March to August). Write your strategy in almost five pages

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3 years ago

By what amount would net income differ if bad debt expense was computed using the percentage-of-receivables approach? Assume tha

Murljashka [212]

Answer:

By following the Accountants Principle and Dicksons policy of debiting Bad debt accounts as Accounts are written off, the Net income would have been impacted negatively (reduced) by the write off from Prior period of $31,330 only

However, by following the % of receivables approach, a total of $31,330 (Write off from prior period) + $9,240 (current period provision for bad debt) will impact the Net Income negatively (reduced) = $40,570

Explanation:

Accounts receivable balance = $77,000

12% projected uncollectible debt = $9,240

Provision for bad debt under the % of receivables approach = $9,240

Amount written off related to prior year = $31,330

5 0

3 years ago