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Olin [163]
2 years ago
15

Steve silversmith produces unique and exclusive sterling silver rings, pendants, buckles, and chains. steve pays one supervisor

to oversee the work performed by several part-time silversmiths. he pays each silversmith to work 20 hours per week or 40 hours week, depending on production demand. he also hires a jewelry expert to perform quality assurance inspections and pays her based on the weight (per ounce of silver) of each piece inspected. the controller and the sales manager are discussing potential price increases due to the increasing cost of silver and increases in other costs.
required:

the following are several costs they are discussing. indicate whether each cost is a variable, fixed, step, or mixed cost within steveâs relevant range of activity.


a. depreciation on production equiepment

b. supervisor salary

c. packaging (each piece is packaged in a designer cartoon)

d. silver

e. part-time labor (silversmith)

f. production facility utilities

g. quality assurance

h. mortgage on the production facility
Business
1 answer:
jonny [76]2 years ago
8 0
The answer with be a
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A project that cost $80000 with a useful life of 5 years is being considered. Straight-line depreciation is being used and salva
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Answer:

22%

Explanation:

Net income = Annual cash flow - Depreciation

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Average investment = Beg. value + End. Value / 2

Average investment = 80,000 + 5,000 / 2

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Annual rate of return = Net income / Average investment * 100

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2 years ago
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Operating data for Swifty Corporation are presented below. 2022 2021Sales revenue $830,700 $634,900 Cost of goods sold 529,000 4
Anastaziya [24]

Answer and Explanation:

The preparation of the vertical analysis is presented below:

Particulars       Amount           %      Amount    %

Sales                 $830,700 100      $634,900 100

Less:

Cost of goods sold $529,000 63.7    $415,000 65.4

Gross Profit          $301,700 36.3     $219,900 34.5

Less:

Selling Expenses $124,700 15.0       $73,600 11.6

administrative expenses $78,800 9.5   $53,900 8.5

Total Operating

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Income before

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Less:

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Working note

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= Items value ÷ sales × 100

Like for cost of goods sold

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Answer:

find all answers in the explanation below

Explanation:

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Cheers.  

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