Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z:
Activity Cost Pool Activity Measure Estimated Overhead Cost Expected Activity
Machining Machine-hours $200,000 10,000 MHs
Machine setups Number of setups $100,000 200 setups
Production design Number of products $84,000 2 products
General factory Direct labor-hours $300,000 12,000 DLHs
Activity Measure Product Y Product Z
Machining 8,000 2,000
Number of setups 40 160
Number of products 1 1
Direct labor-hours 9,000 3,000
1. What is the company’s plantwide overhead rate?
2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z?
3. What is the activity rate for the Machining activity cost pool?
4. What is the activity rate for the Machine Setups activity cost pool?
5. What is the activity rate for the Product Design activity cost pool?
6. What is the activity rate for the General Factory activity cost pool?
7. Which of the four activities is a batch-level activity?
8. Which of the four activities is a product-level activity?
9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y?
10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z?
11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z?
12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z?
13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)
14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z?
15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z?

Answers

Answer 1

Answer:

Greenwood Company

1. Company's plantwide overhead rate = $57

2. Allocation of Manufacturing overhead based on plantwide overhead rate:

Product Y = $57 * 9,000 = $513,000

Product Z = $57 * 3,000 =  $171,000

3. Activity rate for the Machining activity cost pool = $20 per MHs.

4. Activity rate for the Machine Setups activity cost pool = $500 per setup.

5. Activity rate for the product Design activity cost pool = $42,000 per product.

6. Activity rate for the General Factory activity cost pool = $25

7. The batch-level activity = Machine setup

8. The product-level activity = Product Design

9. Using the ABC system, Manufacturing overhead cost assigned to Product Y = $447,000

10. Using the ABC system, Manufacturing overhead cost assigned to Product Z = $237,000

11. Using the plantwide overhead rate, the percentage of the total overhead costs allocated to product Y and Product Z is:

Product Y = 75% ($513,000/$684,000 * 100)

Product Z = 25% ($171,000/$684,000 * 100)

12. Using the ABC system, the percentage of the Machining costs assigned to Product Y and Product Z is:

Product Y = 80% ($160,000/$200,000 * 100)

Product Z = 20% ($40,000/$200,000 * 100)

13. Using the ABC system, the percentage of the Machine Setups cost assigned to Product Y and Product Z is:

Product Y = 20% ($20,000/$100,000 * 100)

Product Z = 80% ($80,000/$100,000 * 100)

14. Using the ABC system, what percentage of the product design cost assigned to Product Y and Product Z is:

Product Y = 50% ($42,000/$84,000 * 100)

Product Z = 50% ($42,000/$84,000 * 100)

15. Using the ABC system, what percentage of the General Factory cost assigned to Product Y and Product Z is:

Product Y = 75% ($225,000/$300,000 * 100)

Product Z = 25% ($75,000/$300,000 * 100)

Explanation:

a) Data and Calculations:

            Activity Cost    Activity Measure     Estimated              Expected

                  Pool                                         Overhead Cost        Activity

Machining                   Machine-hours         $200,000            10,000 MHs

Machine setups          Number of setups    $100,000             200 setups

Production design      Number of products  $84,000             2 products

General factory          Direct labor-hours    $300,000            12,000 DLHs

Total                                                              $684,000  

Activity Measure        Product Y         Product Z

Units produced               14,000            6,000

Machining                        8,000            2,000

Number of setups                40                160

Number of products               1                     1

Direct labor-hours          9,000            3,000

Plantwide overhead rate = Total overhead costs/direct labor-hours

= $684,000/12,000 = $57 per DLHs

Overhead Rate =

                                     

Machining                   $20  ($200,000/10,000) per MHs

Machine setup           $500  ($100,000/200) per setup

Production design     $42,000 ($84,000/2) per product

General factory          $25 ($300,000/12,000) per DLHs

Assignment of Manufacturing Overhead:

                                Product Y   Product Z    Total     Product Y   Product Z

Machining                $160,000   $40,000  $200,000    80%           20%

Machine setup            20,000      80,000    100,000     20%           80%

Production design      42,000      42,000      84,000     50%           50%

General factory        225,000      75,000    300,000     75%           25%

Total overhead      $447,000  $237,000  $684,000


Related Questions

Suppose you purchase a​ ten-year bond with annual coupons.You hold the bond for four years and sell it immediately after receiving the fourth coupon. If the​ bond's yield to maturity was when you purchased and sold the​ bond, a. What cash flows will you pay and receive from your investment in the bond per face​ value? b. What is the internal rate of return of your​ investment?

Answers

Answer:

Explanation:

The Full question is "Suppose you purchase a 10-year bond with 6% annual coupons. You hold the bond for four years, and sell it immediately after receiving the fourth coupon. If the bond’s yield to maturity was 5% when you purchased and sold the bond, what cash flows will you pay and receive from your investment in the bond per $100 face value?"

Face Value = $100  

YTM = 5%

Annual Coupon = 6% * $100 = $6

Purchase Price = $6*PVIFA(5%, 10) + $100*PVIF(5%, 10)

Purchase Price = $6*(1-(1/1.05)^10)/0.05 + 100/1.05^10

Purchase Price = $107.72

Selling Price = $6*PVIFA(5%, 6) + $100*PVIF(5%, 6)

Selling Price = $6*(1-(1/1.05)^6)/0.05 + 100/1.05^6

Selling Price = $105.08

Cash Outflow at Year 0 = $107.72  

Cash Inflow at Year 1 = $6

Cash Inflow at Year 2 = $6

Cash Inflow at Year 3 = $6

Cash Inflow at Year 4 = $6 + $105.08 = $111.08

B.  The internal rate of return of your​ investment = 5.001% (Find attach the calculation)

Capital budgeting analysis not only requires the evaluation of cash flows but also requires the understanding of the origin of those cash flows. Based on your understanding of cash flows in a firm, complete and answer the following questions: Which of the following is a reason cash flows may differ from accounting income? The total number of units sold will be different for accounting income and cash flows. Depreciation is a tax-deductible expense but is not a cash outlay.

Answers

Answer:

The reason cash flows may differ from accounting income is, for example:

Depreciation is a tax-deductible expense but is not a cash outlay.

Explanation:

Cash flows are transactions that involve the inflow or outflow of cash.  For example, with depreciation expense, the cash outlay could have taken place before, when the asset was initially purchased.  But, when the asset is put to use, the depreciation cost is deducted from the accounting income.  This implies that there will no longer be any cash flowing out of the business during the periods the asset's cost is being written off as an expense.

A reason cash flows may differ from accounting income is depreciation is a tax-deductible expense but is not a cash outlay.

Capital budgeting analysis is the process of determining the profitability of a project using the projected cash flows.

Types of capital budgeting analysis

Internal rate of return Net present value Payback method

Cash flow in the sum of depreciation and accounting income. While, accounting income does not include deprecation. For example, if net income is $10,000, deprecation is $2000, cash flow is $12,000.

A similar question was answered here: https://brainly.com/question/14099204

Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 78 Units in beginning inventory 0 Units produced 8,800 Units sold 8,700 Units in ending inventory 100 Variable costs per unit: Direct materials $ 18 Direct labor $ 10 Variable manufacturing overhead $ 4 Variable selling and administrative expense $ 5 Fixed costs: Fixed manufacturing overhead $255,200 Fixed selling and administrative expense $ 87,000 What is the unit product cost for the month under absorption costing

Answers

Answer:

$61

Explanation:

The computation of unit product cost for the month under absorption costing is shown below:-

Unit product cost = Direct material + Direct labor + Variable Manufacturing overhead + Fixed manufacturing cost

= $18 + $10 + $4 + ($255,200 ÷ 8,800)

= $61

Therefore for computing the unit product cost for the month under absorption costing we simply applied the above formula.

Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 100 $10 5/5 Purchase 250 $12 5/15 Purchase 200 $14 5/25 Purchase 250 $16 Sales were 580 units at $20. Using the LIFO method, determine the dollar value of Cost of Goods Sold for the month of May.

Answers

Answer:

.$7,280

Explanation:

Date      Activity                        Quantity           Unit Price

5/1         Beginning Inventory      100                    $10

5/5        Purchase                        250                   $12

5/15       Purchase                        200                   $14

5/25      Purchase                        250                   $16

Sales were 580 units at $20.

Using the FIFO method, cot of goods sold is:

= (100 x $10) + (250 x $12) + (200 x $14) + (30 x $16) = $7,280

when you use the first in, first out (FIFO) method, you calculate cost of good sold using the oldest units in inventory first (not necessarily the oldest physical units but their price).

Using the Rule of 70, if Slowland's GDP grows at 2% per year and Speedyland's GDP grows at 5% per year, how much quicker will Speedyland double its GDP compared to Slowland?

a. Speedyland will double its GDP 35 years quicker than Slowland.
b. Speedyland will double its GDP 21 years quicker than Slowland.
c. Speedyland will double its GDP 14 years quicker than Slowland.
d. Speedyland will double its GDP 3 years quicker than Slowland.

Answers

Answer:

b. Speedyland will double its GDP 21 years quicker than Slowland.

Explanation:

According to the rule of 70, it tells about the number of years to double

For Slowlands

= 70 ÷ 2

= 35

For speedyland

= 70 ÷ 5

= 14

So if we take the difference than it comes

= 35 - 14

= 21

Hence, the correct option is b and the same is to be considered

And all other options are wrong

Task 3: Budget for 25- to 30-year-old Business Professionals

Talk to your mentor, family members, or relatives between the ages of 25-30 and who are

employed to see what their budgets look like. Develop a sample budget for someone aged 25

to 30 years old.

Answers

Answer:

Sample Budget

Salary Income $2515

Rent expense -$900

Food and groceries -$250

Entertainment expense -$85

Shopping -$45

Birthday Party gift -$12

Transportation expense -$150

Home maintenance cost -$320

Tuition cost -$121

Net savings = $632

Explanation:

The mid aged person who is age of 25 to 30 will have different expenses. He will have to budget his monthly income and routine expenses to identify the savings. The sample budget will include different types of household expenses that a person incurs to live. He might have to budget one off expenses such as party cost, gifts etc. He will have to keep track of groceries and food expenses.

Answer:

Iteam                     Sample budget  

Rent/ housing bill               $800

Utility Bills                        $400

Transportation               $80

Groceries                          $150

Clothing expense         $40

Entertainment          $50

Study related costs        $ 100

Savings                                  $200

Pet Care                               $45

Medications                    $35

Insurance & tax         $200

Delisa Corporation has two divisions: Division L and Division Q. Data from the most recent month appear below: Total Company Division L Division Q Sales $529,000 $161,000 $368,000 Variable expenses 305,900 99,820 206,080 Contribution margin 223,100 61,180 161,920 Traceable fixed expenses 122,380 33,320 89,060 Segment margin 100,720 $ 27,860 $ 72,860 Common fixed expenses 36,030 Net operating income $ 64,690 The break-even in sales dollars for Division Q is closest to: Multiple Choice $280,790 $223,375 $446,200 $202,409

Answers

Answer:

$202,409

Explanation:

Firstly, we will need to calculate Break even in sales dollar for division Q using the formula;

= Division Q fixed cost / contribution margin ratio

Division Q fixed cost = $89,060

But,

Contribution margin ratio = Contribution margin / Sales

Contribution margin ratio = $161,920 / $368,000

Contribution margin ratio = 44%

Therefore, the Break even in sales dollar for Division Q

= $89,060 / 44%

= $202,409

The Break even in sales dollars for Division Q is closest to $202,409

Researchers at Ohio State and Michigan put leader behavior into two broad categories; __________ and __________.

a. Task , Power
b. People , Task
c. Task , Organizational

Answers

Answer:

b. People , Task

Explanation:

Based on the Michigan Leadership Studies that was carried out around 1950s and 1960s which centered on behavioral approaches and identification of leader relationships and group processes. The outcome of the research showed that there are three significant traits of productive leaders which are mainly:

1. Task-oriented behavior

2. Relationship-oriented behavior: this focused on people interaction in and out of the work place.

3. Participative leadership.

Hence, in this case, it can be concluded that "Researchers at Ohio State and Michigan put leader behavior into two broad categories; PEOPLE and TASK.

On a flight from Boston to Seattle, American reduced its Internet price by $190.00. The sale price was $535.99. What was the original price?

Answers

Answer:

the original price is $725.99

Explanation:

Calculation of Original Price

Current Sales Price          $535.99

Add Reduction Amount    $190.00

Original Price                    $725.99

Mountaintop golf course is planning for the coming season. Investors would like to earn a 12% return on the company's $47,000,000 of assets. The company primarily incurs fixed costs to groom the greens and fairways. Fixed costs are projected to be $20,000,000 for the golfing season. About 440,000 golfers are expected each year. Variable costs are about $17 per golfer. Mountaintop golf course is a price-taker and won't be able to charge more than its competitors who charge $84 per round of golf. What profit will it earn as a percent of assets

Answers

Answer:

47.4%

Explanation:

A. Expected golfers

440,000

B Revenue (440,000 × $84)

$36,960,000

C. Variable cost (440,000 × $17)

$7,480,000

D = B - C Contribution margin

$29,480,000

E Fixed cost

$20,000,000

F = D - E Profit

$9,480,000

G Assets

H = F/G × 100 Return on assets

47.4%

Mr. Boyd and Ms. Tuck decide to form a new corporation named BT Inc. Mr. Boyd transfers $10,000 cash and business inventory ($20,000 FMV; adjusted tax basis $3,200), and Ms. Tuck transfers business equipment (FMV $60,000; adjusted tax basis $41,500) to BT. In exchange for their cash and property, BT issues 1,200 shares of common stock to its two shareholders. How many shares should Mr. Boyd and Ms. Tuck each receive? Compute Mr. Boyd’s realized and recognized gain on his exchange of property for stock, and determine his tax basis in his BT common shares. Compute Ms. Tuck’s realized and recognized gain on her exchange of property for stock, and determine her tax basis in her BT common shares. Determine BT Inc.’s book and tax basis in the inventory transferred by Mr. Boyd and the equipment transferred by Ms. Tuck.

Answers

Answer:

1. Mr Boyd's share = 400, Ms Tuck = 800

2. Mr Boyd's realised gain = $16,800, recognized gain = $0, basis = $13200

Ms Tuck's realized gain = $18500, gain recognized = 0, basis = $41500

Explanation:

1.

Total share = $1200

Cash received from Mr Boyd = 10000

FMV from him = 20000

Total value = 30000

FMV of equipment from Ms Tuck = 60000

Total value from both of them = 60000 + 30000 = $90000

Number of share Mr Boyd is to receive = 1200x(30000/90000)

= 400

Number of share Ms Tuck is to receive

= 1200x(60000/90000)

= 800

2.

Mr Boyd's gains

Cash received = 10000

FMV = 20000

Total = 30000

Adjusted basis = 3200

Total tax basis = 10000+3200

Gain realized = 30000-13200

= 16800

Gain realized = 0 because it is a non taxable exchange.

Mr Boyd's realised gain = $16800, recognised gain = $0, basis = $13200

Ms Tuck

FMV = 60000

Adjusted tax basis = 41500

Gain realized = 60000-41500

= 18500

Gain recognized = 0(non taxable exchange)

Ms Tuck's realized gain = $18500, recognized gain = $0, basis = $41500

3

the FMV basis of inventory = 20000

carryover basis = 3200

equipment basis FMV = 60000

carryover basis = 41500

note that no gain if equal to or more than 80 percent of the ownership of the stock in a non taxable exchange.

A consumer is likely to have a broad search including more brands during an external information search when:

Answers

Answer:

There is a direct relationship between perceived risk and external research.  The higher the perceived risk, the more external research a consumer will carry out. Perceived risk is not simply fearing that you will make a bad purchase, but it also refers to the costs and benefits associated with the purchase.

The higher the benefits that a consumer can obtain from a purchase, the higher the risk of not getting enough benefits if they make a bad choice. E.g. if you have a lot of good choices available, then you will want to do some more research to choose the best one.

Generally consumers include more brands in their search when they are physically in stores. As consumers we generally consider a very limited number of brands when we shop online, but when we are in a store, we tend to broaden our search and include al the brands that we find.

Given the following data: Selling price per unit $ 2.00 Variable production cost per unit $ 0.30 Fixed production cost $ 3,000 Sales commission per unit $ 0.20 Fixed selling expenses $ 1,500 The break-even point in dollars is:

Answers

Answer:

Break-even point (dollars)= $6,000

Explanation:

Giving the following information:

Selling price per unit $ 2.00

Variable production cost per unit $ 0.30

Fixed production cost $ 3,000

Sales commission per unit $ 0.20

Fixed selling expenses $ 1,500

To calculate the break-even point in dollars, we need to use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Fixed costs= 3,000 + 1,500= 4,500

Unitary variable cost= 0.3 + 0.2= $0.5

Break-even point (dollars)= 4,500 / [(2 - 0.5) / 2]

Break-even point (dollars)= $6,000

On September 15, 2021, Oliver's Mortuary received a $7,200, nine-month note bearing interest at an annual rate of 8% from the estate of Jay Hendrix for services rendered. Oliver's has a December 31 year-end. What adjusting entry will the company record on December 31, 2021

Answers

Answer: PLease see answer below

Explanation:

Date Account title and explanation Debit Credit

Dec 31   Interest receivable                           $168  

2021             Interest revenue                                                 $168

Calculation

Interest =Principal x time x rate

= 7,200 x 8% x 3.5 /12(15th september to 31st December)

=$168

The Carlton Corporation has $5 million in earnings after taxes and 2 million shares outstanding. The stock trades at a P/E of 10. The firm has $5 million in excess cash. a. Compute the current price of the stock. (Do not round intermediate calculations and round your answer to 2 decimal places.) b. If the $5 million is used to pay dividends, how much will dividends per share be? (Do not round intermediate calculations and round your answer to 2 decimal places.) c. If the $5 million is used to repurchase shares in the market at a price of $30 per share, how many shares will be acquired? (Do not round intermediate calculations and round your answer to the nearest whole share.) d. What will the new earnings per share be? (Use the rounded number of shares computed in part c but do not round any other intermediate calculations. Round your answer to 2 decimal places.) e-1. If the P/E ratio remains constant, what will the price of the securities be? (Use the rounded answer from part d and round your answer to the nearest whole dollar.) e-2. By how much, in terms of dollars, did the repurchase increase the stock price? (Use the rounded whole dollar answer from part e-1. A negative value should be indicated with a minus sign. Round your answer to the nearest whole dollar.) f. Has the stockholders' total wealth changed as a result of the stock repurchase as opposed to receiving the cash dividend? Yes No

Answers

Answer:

a. Compute the current price of the stock.

P/E ratio = 10

EPS = $5,000,000 / 2,000,000 stocks = $2.50 per stock

price = $2.50 x 10 = $25

b. If the $5 million is used to pay dividends, how much will dividends per share be?

$2.50, same as EPS

c. If the $5 million is used to repurchase shares in the market at a price of $30 per share, how many shares will be acquired?

$5,000,000 / $30 = 166,666.7 ≈ 166,667 stocks

d. What will the new earnings per share be?

outstanding stocks = 2,000,000 - 166,667 = 1,833,333

EPS = $5,000,000 / 1,833,333 = $2.73

e-1. If the P/E ratio remains constant, what will the price of the securities be?

price = $2.73 x 10 = $27.30

e-2. By how much, in terms of dollars, did the repurchase increase the stock price?

$27.30 - $25 = $2.30

f. Has the stockholders' total wealth changed as a result of the stock repurchase as opposed to receiving the cash dividend?

No

eorge and Weezy received $30,200 of Social Security benefits this year ($12,000 for George; $18,200 for Weezy). They also received $5,000 of interest from jointly owned City of Ranburne Bonds and dividend income. What amount of the Social Security benefits must George and Weezy include in their gross income under the following independent situations

Answers

Answer:

$0

Explanation:

George and Weezy will not get any amount as social security benefit if they file married joint. The sum of their modified AGI plus the 50% of their social security benefit is [$5,000 + $8,000 + $15,100]. This equals to $28,100 which is below the minimum amount of social security.

Roger owns some farmland that he rents to a tenant. The tenant lives in an old farmhouse on the property and raises crops on the land. Roger is concerned about legal liability if the tenant injures someone. Roger requires the tenant to have liability insurance and to add himself to the liability coverage through an endorsement. Under the tenant's liability insurance, Roger is a(n)

Answers

Answer:

additional insured

Explanation:

An additional insured endorsement refers to an amendment clause made to an exiting policy which adds someone else, and therefore, extends the coverage of the policy to include this recently added party.

In this case, Roger was included or added to his tenant's liability insurance policy, therefore, he will be covered by it.

On December 31, 2016, Fall Company prepared adjusting entries that included the following items: Depreciation expense: $31,000. Accrued sales revenue: $29,000. Accrued expenses: $12,000. Used insurance: $9,000; the insurance was initially recorded as prepaid. Rent revenue earned: $7,000; the rent was initially prepaid by the tenant and credited to unearned rent revenue. If Fall Company reported pretax income of $120,000 prior to the adjusting entries, how much is Fall's pretax income after the adjusting entries

Answers

Answer: $104,000

Explanation:

Pretax income after the Adjustment = Pretax income before adjustments + Accrued sales revenue + Rent revenue earned - depreciation - accrued expenses - used insurance

= 120,000 + 29,000 + 7,000 - 31,000 - 12,000 - 9,000

= $104,000

The above were all period costs and so needed to be accounted for in the income.

Packer Corporation’s year 8 income statement reported $130,000 in income before provisions for income taxes. To compute the provision for federal income taxes, the following year 8 data are provided: Rent received in advance $ 22,000 Income from exempt municipal bonds $ 17,000 Depreciation deducted for income tax purposes $ 18,000 Depreciation deducted for financial reporting $ 10,000 What amount should Packer report as taxable income?

Answers

Answer:

$127,000

Explanation:

Calculation for the amount to be reported as taxable income

Using formula

Taxable income=[Year 8 Income Statement + Rent received in advance -Income from exempt municipal bonds -(Depreciation deducted for income tax purposes-Depreciation deducted for financial reporting)]

Let plug in the formula

Taxable income=[$130,000+$ 22,000 -$ 17,000 -( $ 18,000 -$ 10,000 )]

Taxable income=$130,000+$ 22,000 -$ 17,000 -$8,000

Taxable income=$127,000

Therefore the amount that Packer should report as taxable income will be $127,000

Newton Company currently produces and sells 7,000 units of a product that has a contribution margin of $5 per unit. The company sells the product for a sales price of $23 per unit. Fixed costs are $39,000. The company is considering investing in new technology that would decrease the variable cost per unit to $11 per unit and double total fixed costs. The company expects the new technology to increase production and sales to 12,000 units of product. What sales price would have to be charged to earn a $90,000 desired profit assuming the investment in technology is made

Answers

Answer:

selling price= $25

Explanation:

Giving the following information:

Fixed costs= $78,000

Unitary variable cost= $11

Desited profit= $90,000

Break-even point in units= 12,000

To calculate the selling price, we need to use the following formula:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

12,000= (78,000 + 90,000) / (selling price - 11)

12,000*selling price - 132,000 = 168,000

12,000selling price = 300,000

selling price= $25

If Mux/Px < MUy/Py, then A. Spending a dollar less on Y and a dollar more on X increases utility B. Spending a dollar less on X and a dollar more on Y increases utility C. The substitution effect will increase the quantity of the good demanded while the income effect t will decrease the quantity of the good demanded D. The substitution effect will decrease the quantity of the good demanded while the income effect will increase the quantity of the good demanded

Answers

Answer:

B. Spending a dollar less on X and a dollar more on Y increases utility

Explanation:

Consumer's utility maximising equilibrium in case of two commodities is when Marginal Utility on per unit currency spent on both goods is equal.

MU X / P X = MU Y / P Y

If MU X / P X < MU Y / P Y : Consumer gets more additional satisfaction per unit currency spent, from good Y than good X  

So in this case, spending a dollar less on X & a dollar more on Y increases utility.

Skysong Corporation had income from continuing operations of $10,811,000 in 2020. During 2020, it disposed of its restaurant division at an after-tax loss of $205,400. Prior to disposal, the division operated at a loss of $319,800 (net of tax) in 2020 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Skysong had 10,000,000 shares of common stock outstanding during 2020. Prepare a partial income statement for Skysong beginning with income from continuing operations. (Round earnings per share to 2 decimal places, e.g. 1.48.)

Answers

Answer:

look up on google is all i can say

Explanation:

Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December 31, 2020, and December 31, 2019.
2020 2019 2020 2019
(Duke Company) (Duke Company) (Lord Company) (Lord
Company)
Net sales $1,896,000 $561,000
Cost of goods sold 1,020,048 297,330
Operating expenses 257,856 79,662
Interest expense 7,584 3,927
Income tax expense 54,984 6,171
Current assets 322,500 $310,000 83,500 $78,000
Plant assets (net) 520,800 500,300 139,800 123,000
Current liabilities 64,200 75,600 34,400 29,600
Long-term liabilities 108,400 90,400 28,400 26,000
Common stock, $10 par 498,000 498,000 122,500 122,500
Retained earnings 172,700 146,300 38,000 22,900
Prepare a vertical analysis of the 2017 income statement data for duke company and Lord company.

Answers

Answer:

Please attached detailed solution.

Explanation:

• Prepare a vertical analysis of the 2017 income statement data for Luke and Lord company.

Please see as attached detailed solution to the above question.

___________ is/are associated with collecting, storing, and distributing the product or service to buyers. They consist of warehousing, material handling, delivery operation, order processing, and scheduling.

a. Services
b. Inbound logistics
c. Outbound logistics
d. Operations

Answers

Answer:

Outbound logistics

Explanation:

Logistics is defined as the process by which inventory and other goods are moved from their source to locations of use or consumption.

Outbound logistics for a business is concerned with movement of finished goods from a company to the consumer. It is movement of goods outward.

Various activities involved in this are storing, collection, order processing, warehousing, and distribution.

On the other hand inbound logistics deals with inflow of required raw materials and equipment for production or operations.

Why would an organization decide to use focal-point reviews instead of the less burdensome anniversary model for performance appraisals? And, in your opinion and based on your HR knowledge, which method is better?

Answers

Explanation:

In my opinion, the use of focal point reviews is more advantageous for an organization than the anniversary model for employee performance evaluations, since in the anniversary evaluation there is an annual performance evaluation, carried out on the employee's hiring date or at the end of the year, this model may be more complex due to the difficulty of organizing the evaluation of all employees, since there are different dates for hiring employees, which can mean a problem with the agenda that interferes with the evaluation.

Focal point reviews, on the other hand, are more advantageous because they can be carried out whenever there is an identification of reduced performance of employees, and allow managers to carry out integrated performance evaluations, which gives the advantage of eliminating some type of bias that compromises the fairness of the assessment. In the focal point reviews, there is an employee evaluation based on comparisons between employee performance, which ensures greater efficiency in evaluating and developing actions to improve employee performance.

How do prevention and resistance technologies stop intruders from accessing and reading sensitive information?A) Content filtering,encryption,and firewallsB) Calculating,locking,and firewallsC) Content prohibiting,and cookiesD) None of the above

Answers

Answer: A. Content filtering, encryption and firewalls.

Explanation:

Due to fraud and other security challenges, prevention and resistance technologies are important in order to help computer and internet users to protect their informations.

Ways to achieve this include content filtering, encryption and firewalls. Content filtering is when the access to a particular web content is restricted. Encryption has to do with the translation of data into another form so that it won't be accessible to anyone without the password. Firewall is also done on order to curb unauthorized access.

At the end of a reporting period, a company determines that its ending inventory has a cost of $300,000 and a net realizable value of $230,000. What would be the effect(s) of the adjustment to write down inventory to net realizable value?

Answers

Answer:

1.Cost of Goods Sold Increase by $70,000

2.Gross Profit and Net Profit decrease by $70,000

3.Inventory in balance sheet decrease by $70,000

Explanation:

IAS 2 requires inventory to be measured at the lower of cost or net realizable value.

In our case the inventory will be valued at net realizable value of $230,000 because this is lower.

The effect with this is :

1.Cost of Goods Sold Increase by $70,000

2.Gross Profit and Net Profit decrease by $70,000

3.Inventory in balance sheet decrease by $70,000

What are entrepreneurs?

Answers

Answer:

Entrepreneurs are people who organize/operate their own buisness or buisnesses.

Explanation:

hope this helps lad :)

They come up with new ideas and new business models to develop a company and make more profit

Haskell Corp. is comparing two different capital structures. Plan I would result in 12,000 shares of stock and $100,000 in debt. Plan II would result in 8,700 shares of stock and $155,000 in debt. The interest rate on the debt is 5 percent. Compare both of these plans to an all-equity plan assuming that EBIT will be $80,000. The all-equity plan would result in 18,000 shares of stock outstanding. Assuming that the corporate tax rate is 40 percent, what is the EPS for each of these plans? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Assuming that the corporate tax rate is 40 percent, what are the break-even levels of EBIT for each plan as compared to that for an all-equity plan? (Do not round intermediate calculations.)

Answers

Answer:

Please find attached detailed solution to the above question.

Explanation:

Please as attached detailed solution.

Which is an example of a businessman making an investment?
he receives financing from an angel investor
he contributes money to a partnership
he applies for a small business loan
he reports investor fraud to the SEC

Answers

Answer:

he contributes money to a partnership

The one that can be stated as an example of a businessman who is making an investment is by making a contribution in the form of money to a partnership. Hence, Option B is  correct.

What is a businessman?

An individual who owns or has shares in a private sector and engages in commercial or industrial activities to generate cash flow, sales, and income by combining human, financial, intellectual, and physical capital with the goal of sustaining is referred to as a businessman or businesswoman.

Although it is a difficult career path, those who choose business reap the rewards of their labour and have access to employment options in almost every industry.

One may find them in almost any company, managing operations, hiring and firing staff, keeping the books balanced, and managing funds. The one that can be used as an illustration of a businessman investing is by giving a financial contribution to a partnership.

Therefore, Option B is  correct.

Learn more about businessman from here:

https://brainly.com/question/887012

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