A __ is a planned undertaking of a series of related activities to reach an objective that has a beginning and an end.

andriy [413]

The correct answer to this question should be A communication channel

6 0

3 years ago

A company uses a periodic inventory system. The company had beginning inventory of 3 units that cost $5 each. During the month,

lesantik [10]

I believe it is C or D

7 0

3 years ago

Swifty Corporation developed the following information about its inventories in applying the lower-of-cost-or-net-realizable-val

Hitman42 [59]

Answer:

the inventory value is $267,000

Explanation:

As we know that the inventory is valued at cost or market whichever is lower

As seen from the given information, the lesser value for all products are

Product A $87,000

Product B $58,000

Product B $122,000

So, the total is

= $87,000 + $58,000 + $122,000

= $267,000

hence, the inventory value is $267,000

5 0

3 years ago

Cotrone Beverages makes energy drinks in three flavors: Original, Strawberry, and Orange. Company is currently operating at 75 p

yulyashka [42]

Answer:

Yes Strawberry line should be dropped as it reduces the overall profit by$ 3600 when the fixed costs are not 20 %

Yes Strawberry line should be dropped as it reduces the overall profit by$ 1720 even when the fixed costs are 20 %

Explanation:

Cotrone Beverages

Differential Analysis

Totals Totals Difference / Change

including (less) Without (equals)

Strawberry Strawberry

Sales 253,200 167,600 85600 Decrease

Variable costs 201,400 124,200 77200 Decrease

Fixed costs allocated 35,600 28,480 7120 Decrease

Operating profit (loss) 13,200 14,920 (1720) Increase

Working

Total Fixed Costs Reduced will be = 35,600 *20%= 7120

Here we see the profit is increased by 1720 therefore strawberry line should be dropped.

Cotrone Beverages

Differential Analysis

Totals Totals Difference / Change

including (less) Without (equals)

Strawberry Strawberry

Sales 253,200 167,600 85600 Decrease

Variable costs 201,400 124,200 77200 Decrease

Contribution margin 51,800 43,400 8,400 Decrease

Fixed costs allocated 35,600 23,600 12000 Decrease

Operating profit (loss) 13,200 16,800 (3,600) Increase

Yes Strawberry line should be dropped as it reduces the overall profit by$ 3600

Working

We find the totals with and without the strawberry product line and then subtract to find the differential costs

Cotrone Beverages

Product Original Strawberry Orange Total

Sales $65,200 $85,600 $102,400 253,200

Variable costs 44,000 77,200 80,200 201,400

Contribution margin $21,200 $8,400 $22,200 51,800

Fixed costs allocated 9,400 12,000 14,200 35,600

Operating profit (loss) $11,800 $(3,600) $8,000 13,200

If we drop the strawberry line then the new totals would be

Product Original Orange Total

Sales $65,200 $102,400 167,600

Variable costs 44,000 80,200 124,200

Contribution margin $21,200 $22,200 43,400

Fixed costs allocated 9,400 14,200 23,600

Operating profit (loss) $11,800 $8,000 16,800

6 0

3 years ago

Which of the following is not an unusual item? a.Corporate income tax being paid. b.Closure of all outlet stores. c.A change fro

kakasveta [241]

Answer:

The correct answer is letter "A": Corporate income tax being paid.

Explanation:

In Accounting, unusual items are the result of events that impact the business but are not likely to happen again. Just like its name indicates, those events are not regular from the operations of a company an include abnormal legal costs, gains or losses from the sales of assets, losses from early retirement, and corporate restructuring expenses.

Corporate income taxes are paid on a regular basis, thus, they cannot be considered unusual items.

4 0

3 years ago