Select the education and qualifications that are most helpful for Warehousing and Distribution Center Operations careers. Check all that apply.

high school degree
stamina
leadership
patience
concentration skills
associate degree
creativity

Answers

Answer 1

Answer:

High school degree

Stamina

Patience

Concentration skills

Explanation:

Just did it on edg.

Answer 2

The education and qualifications that are most helpful for Warehousing and Distribution Center Operations careers are:

High school degreeStaminaPatienceConcentration skillsWhat is Warehousing and Distribution Center Operation?

Distribution centers offer value-added services such product mixing, order fulfilment, cross-docking, kitting, and packing in addition to the primary function of storing items in warehouses. Distribution centers, in contrast to warehouses, also only keep the necessary quantity of goods for a shorter amount of time.

Because they primarily support B2B enterprises as a conduit between suppliers and customers, distribution centers are more customer-centric. Distribution centers are in charge of effectively meeting customer demands and expectations; warehouses are in charge of safely keeping products.

Operations at distribution centers are therefore more complicated than those at warehouses. Distribution centers use state-of-the-art technology for order processing, inventory management, warehouse management, and transportation management.

Define concentration.

"The ability to direct your thinking in any direction you choose and to hold it for as long as you choose" is the definition of concentration.

Concentration is the capacity to narrow the field of awareness to one particular idea or subject while rejecting all other distractions.

One of the most crucial skills anybody should have is the capacity to concentrate. However, the majority of people find it difficult to focus. They frequently can't focus on one thing for a reasonable amount of time since their attention tends to wander.

This is a problem that can be solved. The capacity for concentration can be improved, just like any other talent. A person who practices mental discipline may concentrate without being interrupted by thoughts, sounds, or anything else.

While you might occasionally appear to be reading or concentrating on your work, if your attention is diverted you probably won't be able to retain the information for long enough to use it properly to produce something intelligible.

If you find the subject matter to be "boring," you're too sleepy or hungry, you have too much on your plate, you lack motivation for a long-term or short-term goal, or you're very concerned or worried and easily distracted, your ability to focus may be affected.


To learn more about concentration, click here

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Related Questions

XYZ Office Supplies is about to introduce a new customer service program that will affect all its 355 sales and service employees. Job duties will be changed, and the employee rewards system will be altered to fit this new customer focus. Moreover, the company wants to improve the efficiency of work processes, thereby removing some of the comfortable (and often leisurely) routines that employees have followed over the years. Top management is concerned about the different types of forces resisting change that the company will potentially experience during this change process. The employees at XYZ discreetly weaken the new customer service program to prove that the decision is wrong and that the new program is not effective. Which of the following reasons to resist change is depicted in this scenario?
a. induce organizational learning.
b. negotiate with the employees.
c. use the stress management technique.
d. create an urgency for change.

Answers

Answer: d. Create an urgency for change.

Explanation:

Based on the information given, the reason to resist change that is depicted in this scenario is creating an urgency for change.

The urgency for change can be seen in situations such as the shifting of the reward system towards the new customers, getting employees closer to the customers and also by making job roles to be more focused towards customer.

Therefore, the correct option is D.

Cedric Company recently traded in an older model computer for a new model. The old model's book value was $140,000 (original cost of $370,000 less $230,000 in accumulated depreciation) and its fair value was $210,000. Cedric paid $65,000 to complete the exchange, which has commercial substance.
Calculate the following values:
1. Amount to debit for new equipment
2. Amount to debit accumulated depreciation
3. Amount to credit to cash
4. Amount to credit for old equipment
5. Gain or loss on sale

Answers

Answer:

1. $210,000

2.$230,000

3. $65,000

4. $370,000

5. $135,000 loss

Explanation:

1. Amount to debit for new equipment

Use the Fair Value of Asset given

2. Amount to debit accumulated depreciation

Use the accumulated depreciation of asset given up.

3. Amount to credit to cash

Use the Cash Paid up

4. Amount to credit for old equipment

Use the cost of asset given up

5. Gain or loss on sale

Gain or loss = Carrying Amount - Fair Value - Cash traded up

Modified Accelerated Cost Recovery System (MACRS) (LO 7.4) Mike purchases a new heavy-duty truck (5-year class recovery property) for his delivery service on April 30, 2017. No other assets were purchased during the year. The truck is not considered a passenger automobile for purposes of the listed property and luxury automobile limitations. The truck has a depreciable basis of $39,000 and an estimated useful life of 5 years. Assume half-year convention for tax. .
a. Calculate the amount of depreciation for 2017 using financial accounting straight-line depreciation (not the straight-line MACRS election) over the truck's estimated useful life.
b. Calculate the amount of depreciation for 2017 using the straight-line depreciation election, using MACRS tables over the minimum number of years with no bonus depreciation or election to expense
c.Calculate the amount of depreciation for 2017, including bonus depreciation but no election to expense, that Mike could deduct using the MACRS tables
d. Assume no income limit on the expense election. Calculate the amount of depreciation for 2017 including bonus depreciation and the election to expense that Mike can deduct.

Answers

Answer: See explanation

Explanation:

a. The amount of depreciation for 2017 using financial accounting straight-line depreciation will be:

= $39000 × 8months/5 years

= $39000 × 8months / 60months

= $39000 × 8/60

= $5200

b. The amount of depreciation for 2017 using the straight-line depreciation election will be:

= $39000 × 10%

= $39000 × 0.1

= $3900

c. The amount of depreciation for 2017, including bonus depreciation but no election to expense, that Mike could deduct using the MACRS tables will be:

= ($39000/2) + $3900

= $19500 + $3900

= $23400

d. If there is no income limit on the expense election, the amount of depreciation for 2017 including bonus depreciation and the election to expense that Mike can deduct will be:

= $25000 + $7000 + $1400

= $33400

Exercise 17-09 a-b (Video) (Part Level Submission) Oriole, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments and 200 pressure gauges were produced, and overhead costs of $88,010 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities Cost Drivers Total Cost 1. Materials handling Number of requisitions $37,080 2. Machine setups Number of setups 28,710 3. Quality inspections Number of inspections 22,220 $88,010 The cost driver volume for each product was as follows. Cost Drivers Instruments Gauges Total Number of requisitions 390 640 1,030 Number of setups 200 295 495 Number of inspections 240 265 505 Collapse question part (a) Determine the overhead rate for each activity

Answers

Answer and Explanation:

The computation of the overhead rate for each activity is shown below

For machine handling

= $37,080 ÷ 1,030

= $36 per unit

For machine setups

= $28,710 ÷ 495

= $58 per unit

For Quality inspections

= $22,220 ÷ 505

= $44 per unit

In this way, the overhead rate for each activity would be determined

The same would be relevant

The stockholders’ equity section of Velcro World is presented here.
VELCRO WORLD
Balance Sheet (partial)
($ and shares in thousands)
Stockholders' equity:
Preferred stock, $1 par value $ 5,800
Common stock, $1 par value 28,000
Additional paid-in capital 1,028,600
Total paid-in capital 1,062,400
Retained earnings 286,000
Treasury stock, 12,000
Common shares (360,000)
Total stockholders' equity $ 988,400
Based on the stockholders' equity section of Velcro World, answer the following questions. Remember that all amounts are presented in thousands.
1. How many shares of preferred stock have been issued? (Enter you answer in total number of shares, not in thousands.)
2. How many shares of common stock have been issued? (Enter you answer in total number of shares, not in thousands.)
3. If the common shares were issued at $30 per share, at what average price per share were the preferred shares issued?
4. If retained earnings at the beginning of the period was $250 million and $30 million was paid in dividends during the year, what was the net income for the year? (Enter your answer in million (i.e., 5,000,000 should be entered as 5).)
5. What was the average cost per share of the treasury stock acquired?

Answers

Answer:

Velcro World

1. Prefered stock issued = 5,800,000

2. Common stock issued = 28,000,000

3. Average price of preferred stock = $38

4. Net income for the year =                       $66

5. Average cost per share of the treasury stock acquired =  $30

Explanation:

a) Data and Calculations:

VELCRO WORLD

Balance Sheet (partial)

($ and shares in thousands)

Stockholders' equity:

Preferred stock, $1 par value      $ 5,800

Common stock, $1 par value       28,000

Additional paid-in capital         1,028,600

Total paid-in capital                 1,062,400

Retained earnings                     286,000

Treasury stock, 12,000             (360,000)

Total stockholders' equity     $ 988,400

1. Prefered stock issued = 5,800,000

2. Common stock issued = 28,000,000

3. Additional paid in capital = 1,028,600,000

less common stock (part)         812,000,000 ($29 * 28,000,000)

Preferred stock (part)               216,600,000

add Preferred stock                     5,800,000

Total preferred stock value    222,400,000

Average price = 222,400,000/5,800,000 = $38

4. Retained earnings at the end =        $286,000,000

add dividends paid during the year          30,000,000

Retained earnings at the beginning = $250,000,000

Net income for the year =                       $66,000,000

$66

5. Average cost per share of the treasury stock acquired = $360,000,000/12,000,000 = $30

A major equipment purchase is being considered Metro Atlanta. The initial cost is determined to be $1,000,000. It is estimated that this new equipment will save $100,000 the first year and increase gradually by $50,000 for the next 6 years. MARR= 10%.
A) The payback period for this equipment purchase is______
B) The B/C ratio for this investment is ________
C) The NFW of this investment is ________

Answers

The Payback period is 5 years

Sound Tek Inc. manufactures electronic stereo equipment. The manufacturing process includes printed circuit (PC) board assembly, final assembly, testing, and shipping. In the PC board assembly operation, a number of individuals are responsible for assembling electronic components into printed circuit boards. Each operator is responsible for soldering components according to a given set of instructions. Operators work on batches of 50 printed circuit boards. Each board requires 4 minutes of board assembly time. After each batch is completed, the operator moves the assembled boards to the final assembly area. This move takes 12 minutes to complete. The final assembly for each stereo unit requires 20 minutes and is also done in batches of 50 units. A batch of 50 stereos is moved into the test building, which is across the street. The move takes 20 minutes. Before conducting the test, the test equipment must be set up for the particular stereo model. The test setup requires 30 minutes. The units wait while the setup is performed. In the final test, the 50-unit batch is tested one at a time. Each test requires 9 minutes. The completed batch, after all testing, is sent to shipping for packaging and final shipment to customers. A complete batch of 50 units is sent from testing to shipping. The Shipping Department is located next to testing. Thus, there is no move time between these two operations. Packaging and labeling requires 12 minutes per unit.

Required:
Determine the amount of value-added and non-value-added lead time and the value-added ratio in this process for an average stereo unit in a batch of 45 units.

Answers

Answer:

A. 45

B.2,235

C. 1.9%

Explanation:

A. Calculation to determine the amount of value-added

VALUE ADDED TIME

PC board Assembly 4

Final Assembly 20

Testing 9

Packaging and labeling 12

Total Value added time 45

Therefore the amount of value-added is 45

B. Calculation to determine non-value-added lead time

NON-VALUE-ADDED LEAD TIME

Wait time for non added value 2,205

[45*(50-1)]

Add Test set up time 30

Wait time 2,235

Therefore The non-value-added lead time is 2,235

C. Calculation to determine the value-added ratio

Value added time 45

Non value added lead time:

Wait time lead time 2,235

Move time lead time 32

(12+20)

Total lead time 2,312

Value added ratio 1.9%

(45/2312*100)

Therefore the value-added ratio is 1.9%

The net income reported on the income statement of Whispering Winds Corp. for the current year was $1251000. Depreciation recorded on plant assets was $236000. Accounts receivable and inventories increased by $66000 and $44000, respectively. Prepaid expenses and accounts payable decreased by $6000 and $61000, respectively. How much cash was provided by operating activities during the year

Answers

Answer:

$1,454,000

Explanation:

Calculation to determine How much cash was provided by operating activities during the year

Using this formula

Operating activities=Net income+Depreciation+ Increased in Accounts receivable -Increased in inventories + Decreased in Prepaid expenses - Decreased in accounts payable

Let plug in the formula

Operating activities=$1251000 + $236000 -$66000 - $44000 +$6000 - $61000

Operating activities=$1,454,000

Therefore the amount of cash was provided by operating activities during the year is $1,454,000

The company owns 9,000 acres of timberland purchased two years ago at a cost of $1,400 per acre. At the time of purchase, the land without the timber was valued at $400 per acre. In the current year, the company built fire lanes and roads, with a life of 30 years, at a cost of $84,000. Every year, the company sprays to prevent disease at a cost of $3,000 per year and spends $7,000 to maintain the fire lanes and roads. During the current year, the company selectively logged and sold 700,000 board feet of timber, of the estimated 3,500,000 board feet. Next year, the company will plant new seedlings to replace the trees cut at a cost of $100,000. What is the cost of timber sold related to depletion during the current year

Answers

Answer:

See below

Explanation:

First, we will calculate the depreciation expenses

Depreciation expense = Cost / life = $84,000 / 30 = $2,800 per year

LJM Corporation includes two divisions, Shay Division and Patty Division. The Shay Division makes specialized filters, including one that could be used by the Patty Division. Costs for the filter are variable costs, $16; fixed costs, $20. Shay Division has capacity to make 20,000 of the filters, and it is operating at capacity. It sells the filters to other companies for $52 each. The Patty Division needs 8,000 filters per year, and it has been purchasing them from another company for $45 each. Required: 1) If a transfer were to occur between Shay Division and Patty Division, what is the maximum that Patty Division should be willing to pay for the filters? 2) If a transfer were to occur between Shay Division and Patty Division, what is the minimum price that Shay Division should be willing to accept?

Answers

Answer:

LJM Corporation

1. The Maximum price that Patty Division should be willing to pay for the filters is: $45.

2. Minimum price that Shay Division should be willing to accept is: $52.

Explanation:

a) Data and Calculations:

                               Shay Division   Patty Division

Costs:

Variable costs              $16                      

Fixed costs                    20

Sales/purchase price    52                      $45

Capacity/requirement  20,000             8,000

Maximum price that Patty Division should be willing to pay for the filters is: $45.

Minimum price that Shay Division should be willing to accept is: $52.

b) The minimum transfer price should be determined based on the variable costs and the opportunity costs.  The opportunity cost for Shay Division is $36 ($52 - $16).  For Patty Division, the maximum price it should be willing to pay is the opportunity cost, which is the price Patty pays when it buys the filters from the market.

Walmart and Target are the only stores in a remote town that currently stock and sell the PlayStation 5 video game console. Managers at both stores are simultaneously deciding whether to charge a price of $1,000 or $1,500 for each console. If both stores charge $1,000, they earn a profit of $100,000 each. If both stores charge $1,500, they earn a profit of $200,000 each. If one store charges $1,000 and the other store charges $1,500, the store that charges $1,000 earns a profit of $250,000 and the firm that charges $1,500 earns a profit of $50,000. If Walmart and Target ________, they can both charge $1,500 and earn the highest combined profit available.

Answers

Answer:

collude with each other

Explanation:

A monopoly market structure is the structure in which the chances of high profit are there. In the case when the two firms and they work together so that the can extract the maximum profits and after that they shared themselves

As in the given question, in the case when Walmart and Target collude with each other so they would charge $1.500 and earned highest profit available

The same would be considered

Citibank need to borrow $1 million for 6 months starting in 2 years. Citibank is concerned about the interest rate would like to lock in the interest rate it pays by going long an FRA with Bank of America. The FRA specifies that Citibank will borrow at a fixed rate of 0.04 for 6 months on $1 million in 2 years. If the 6 months LIBOR rate proves to be 0.01. Then to settle the FRA, what is the cash flow to Citibank at the end of 2 years

Answers

Answer:

"$ 15,000" is the correct solution.

Explanation:

The given values are:

Agreed fixed rate,

= 0.04

LIBOR rate,

= 0.01

No. of borrowing months,

= 6

National amount,

= 1000000

Now,

The net payment will be:

= [tex]National \ principal*(Floating \ rate - Fixed \ rate)\times \frac{No. \ of \ months}{12}[/tex]

On substituting the above values, we get

= [tex]1000000\times (0.01-0.4)\times \frac{6}{12}[/tex]

= [tex]1000000\times (-0.03)\times 0.5[/tex]

= [tex]-15,000[/tex] ($)

Elaine needs $1,500 to buy textbooks and other school supplies. Kramer agrees to loan Elaine $1,500, accepting as collateral Elaine’s car. They put their agreement in writing and sign it. Elaine keeps possession of the car. What are the requirements for Kramer to have an enforceable security interest in the car? What must Kramer do to let other creditors know of his security interest in the car?

Answers

Answer:

1. For Kramer to have an enforceable security interest in the car, the following requirements must be met:

a. Elaine must possess the property right over the car.  

b. Kramer must give value for the security interest.  

c. Elaine must have authenticated the security agreement by describing it, or Kramer must be in possession of the collateral.

2. Kramer needs to perfect his security interest in the car by registering it with the appropriate statutory body.

Explanation:

Under UCC Article 9, four steps must be taken by Kramer to perfect the security interest in the collateral car.  They include:

a. Creating and filing a financing statement with the statutory body

b. Establishing actual possession of the car

c. Establishing control over the car by not allowing Elaine keep its possession.

d. Attaching a purchase financial security interest on the car.

g Comfi Airways, Inc., a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers each, and they fly commuters from Comfi’s base airport to the major city in the state, Metropolis. Each month, 40 round-trip flights are made. Shown below is a recent month’s activity in the form of a cost-volume-profit income statement. Fare revenues (400 passenger flights) $48,000 Variable costs Fuel $16,960 Snacks and drinks 720 Landing fees 2,100 Supplies and forms 1,100 20,880 Contribution margin 27,120 Fixed costs Depreciation 3,100 Salaries 11,600 Advertising 600 Airport hanger fees 1,650 16,950 Net income $10,170 Calculate the break-even point in dollars. Break-even point $Type your answer here eTextbook and MediaAssistance Used Calculate the break-even point in number of passenger flights. Break-even point Type your answer here flights eTextbook and MediaAssistance Used Without calculations, determine the contribution margin at the break-even point. Break-even point $Type your answer here eTextbook and MediaAssistance Used If ticket prices were decreased by 10%, passenger flights would increase by 25%. However, total variable costs would increase by the same percentage as passenger flights. (1) How much would net income be impacted by this change? Net income to $ (2) Should the ticket price decrease be adopted?

Answers

Answer:

Comfi Airways, Inc.

a. Break-even point in sales dollars = $30,000

b. Break-even point in passenger flights = 250

c. Contribution at break-even point = fixed costs = $16,950

d. Net income will increase to $10,950 (an increase of $780).

e. Yes.  The ticket price decrease should be adopted.

Explanation:

a) Data and Calculations:

Number of airplanes = 2

Maximum number of passengers per flight = 10

Number of round-trip flights each month = 40

Number of passenger flights = 400 (40 * 10)

                                               Total          Unit

Fare revenues                    $48,000       $120 ($48,000/400)

Variable costs:

Fuel                     $16,960

Snacks and drinks     720

Landing fees           2,100

Supplies and forms 1,100     20,880       $52.20 ($20,880/400)

Contribution margin             27,120        $67.80 ($27,120/400)

Fixed costs:

Depreciation             3,100

Salaries                    11,600

Advertising                 600

Airport hanger fees 1,650 $16,950

Net income                          $10,170

Contribution margin ratio = $67.80/$120 = 0.565

Break-even point in sales dollars = Fixed costs/Contribution margin ratio

= $16,950/0.565

= $30,000

Break-even point in sales units = Fixed costs/Contribution per unit

= $16,950/$67.80

= 250 passenger flights

Contribution at break-even point = Fixed costs = $16,950

Decrease of ticket prices by 10% from $120 to $108 ($120 * 90%)

Passenger flights increased to 500 (400 * 1.25)

Fare revenues = $54,000 (500 * $108)

Total variable costs increased to $26,100 ($20,880 * 1.25)

Contribution = $27,900

Fixed costs = $16,950

Net income = $10,950

Increase in net income = $780 ($10,950 - $10,170)

Exercise 23-2 Make or buy LO P1 Gelb Company currently manufactures 43,000 units per year of a key component for its manufacturing process. Variable costs are $5.15 per unit, fixed costs related to making this component are $73,000 per year, and allocated fixed costs are $78,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.70 per unit. Calculate the total incremental cost of making 43,000 units and buying 43,000 units. Should it continue to manufacture the component, or should it buy this component from the outside supplier

Answers

Answer:

If the company buys the units, it will save $135,350.

Explanation:

Giving the following information:

Number of units= 43,000

Make in-house:

Variable costs are $5.15 per unit

Avoidable fixed costs= $73,000

Buy:

Unitary cost= $3.7

We will take into account only the incremental cost, therefore, the unavoidable fixed costs will not be taken into account.

Total cost of production= 43,000*5.15 + 73,000= $294,450

Total cost of purchase= 3.7*43,000= $159,100

If the company buys the units, it will save $135,350.

Danner Company expects to have a cash balance of $52,965 on January 1, 2017. Relevant monthly budget data for the first 2 months of 2017 are as follows. Collections from customers: January $100,045, February $176,550. Payments for direct materials: January $58,850, February $88,275. Direct labor: January $35,310, February $52,965. Wages are paid in the month they are incurred. Manufacturing overhead: January $24,717, February $29,425. These costs include depreciation of $1,765 per month. All other overhead costs are paid as incurred. Selling and administrative expenses: January $17,655, February $23,540. These costs are exclusive of depreciation. They are paid as incurred. Sales of marketable securities in January are expected to realize $14,124 in cash. Danner Company has a line of credit at a local bank that enables it to borrow up to $29,425. The company wants to maintain a minimum monthly cash balance of $23,540.
Prepare a cash budget for January and February.

Answers

Answer:

Danner Company

Cash Budget for January and February

                                                       January       February

Beginning balance                        $52,965       $32,367

Collections from customers          100,045       176,550

Sales of marketable securities         14,124

Cash available                               $167,134    $208,917

Payments:

Direct materials                             $58,850     $88,275

Direct labor                                       35,310       52,965

Manufacturing overhead                22,952       27,660

Selling & administrative expenses  17,655       23,540

Total payments                            $134,767    $192,440

Cash balance                                $32,367      $16,477

Required minimum balance          23,540       23,540

Excess (Needed) Financing          $8,827       ($7,063)

Explanation:

a) Data and Calculations:

Expected January 1, 2017 Cash Balance = $52,965

                                                      January       February

Collections from customers        $100,045     $176,550

Sales of marketable securities         14,124

Payments:

Direct materials                             $58,850      $88,275

Direct labor                                       35,310        52,965

Manufacturing overhead                22,952        27,660

Selling & administrative expenses  17,655        23,540

Line of credit limit = $29,425

Required minimum cash balance = $23,540

The Laramie Factory produces expensive boots. It has two departments, tanning and finishing departments, that process all the items. During January, the beginning work in process in the tanning department was 40% complete as to conversion and 100% complete as to direct materials. The beginning inventory included $6,000 for materials and $18,000 for conversion costs. Ending work-in-process inventory in the tanning department was 40% complete. Direct materials are added at the beginning of the process. Beginning work in process in the finishing department was 60% complete as to conversion. Beginning inventories included $7,000 for transferred-in costs and $11,000 for conversion costs. Ending inventory was 30% complete. Additional information about the two departments follows: Tanning Finishing Beginning work-in-process units 5,000 4,000 Units started this period 14,000 Units transferred out this period 16,000 18,000 Ending work-in-process units 2,000 Material costs added $18,000 Conversion costs $32,000 $18,630 Transferred-out cost $50,400 Required: Complete the production cost worksheet below using FIFO costing for the finishing department.

Answers

Answer:

The Laramie Factory

Cost Worksheet for the Finishing Department, using FIFO Costing

Finishing Department

Cost assigned to:              Materials    Conversion     Total

Units transferred out        $45,360        $18,000      $63,360

Ending work in process        5,040              600           5,640

Total cost accounted for  $50,400       $18,600      $69,000

Explanation:

a) Data and Calculations:

                                                      Materials                     Conversion

                                                 Tanning  Finishing      Tanning  Finishing

Beginning work in process     100%          100%           40%          60%

Cost of beginning WIP         $6,000          $7,000     $18,000      $11,000

Ending work in process          100%           100%          40%          30%

Additional information:

                                                     Tanning    Finishing

Beginning work-in-process units  5,000         4,000

Units started this period               14,000       16,000

Units transferred out this period 16,000       18,000

Ending work-in-process units       3,000         2,000

                                                       Materials                     Conversion

                                                 Tanning  Finishing      Tanning  Finishing

Beginning work in process     100%          100%           40%          60%

Beginning work in process done this period               60%          40%

Ending work in process          100%           100%          40%          30%

Cost of beginning WIP         $6,000          $7,000     $18,000       $11,000

Costs added                          18,000        $54,255      32,000        18,630

Total costs of production  $24,000         $61,255   $50,000     $29,630

Transferred-out cost                                                                     $50,400

Equivalent units

                                                       Materials                        Conversion

                                                     Tanning   Finishing      Tanning  Finishing

Beginning work-in-process units  0                       0           3,000       1,600

Units started and completed       16,000       18,000         13,000     16,400

Ending work-in-process units       3,000        2,000           1,200          600

Equivalent units of production    19,000      20,000        17,200      18,600

Cost per equivalent units                Materials                        Conversion

                                                  Tanning   Finishing      Tanning  Finishing

Costs added/transferred in      $18,000   $50,400      $32,000   $18,630

Equivalent units of production   19,000     20,000        17,200      18,600

Cost per equivalent unit            $0.95        $2.52           $1.86     $1.00

Tanning Department

Cost assigned to:              Materials    Conversion     Total

Units transferred out        $15,200      $29,760      $44,960

Ending work in process       2,850           2,232          5,082

Total costs                        $18,050       $31,992      $50,042

Finishing Department

Cost assigned to:              Materials    Conversion     Total

Units transferred out        $45,360        $18,000      $63,360

Ending work in process        5,040              600           5,640

Total cost accounted for  $50,400       $18,600      $69,000

Explanation:

50,400

18,600

69,000

BRAINILIEST PLEASE

. Bartholomew Corp's master budget calls for the production of 6,000 units of products monthly. The master budget includes indirect labor of $396,000 annually; Bartholomew considers indirect labor to be a variable cost. During the month of September, 5,600 units of product were produced, and indirect labor costs of $30,970 were incurred. A performance report utilizing flexible budgeting would report a flexible budget variance for indirect labor of:

Answers

Answer:

$170 Unfavorable

Explanation:

Budgeted monthly indirect labor = $396,000/12 = $33,000

Budgeted indirect labor per unit = $33,000/6,000 = $5.5 per unit

Flexible budgeted cost = 5,600*$5.5 = $30,800

Flexible budget variance = Actual cost - Flexible cost

Flexible budget variance = $30,970 - $30,800

Flexible budget variance = $170 Unfavorable

Gelb Company currently manufactures 47,000 units per year of a key component for its manufacturing process. Variable costs are $6.25 per unit, fixed costs related to making this component are $85,000 per year, and allocated fixed costs are $84,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.70 per unit. Calculate the total incremental cost of making 47,000 units and buying 47,000 units. Should it continue to manufacture the component, or should it buy this component from the outside supplier

Answers

Answer:

Gelb Company

1. The total incremental cost of making and buying 47,000 units is:

= $204,850.

2. Gelb should buy this component from the outside supplier.  It is far cost-effective.

Explanation:

a) Data and Calculations:

Required quantity of key component  per year = 47,000 units

Variable costs per unit = $6.25

Avoidable fixed costs per year = $85,000

Unavoidable fixed costs per year = $84,500

Purchase price of component from outside supplier = $3.70 per unit

Incremental cost of making or buying the 47,000 units:

                                          Make              Buy    Incremental Costs

Variable costs            $293,750     $173,900          $119,850

Avoidable fixed costs    85,000        0                       85,000

Total relevant costs  $378,750     $173,900         $204,850

Wexpro, Inc., produces several products from processing 1 ton of clypton, a rare mineral. Material and processing costs total $71,000 per ton, one-fourth of which is allocated to product X15. Six thousand five hundred units of product X15 are produced from each ton of clypton. The units can either be sold at the split-off point for $17 each, or processed further at a total cost of $8,800 and then sold for $22 each. Required: 1. What is the financial advantage (disadvantage) of further processing product X15

Answers

Answer:

Financial advantage  of further processing =$23,700

Explanation:

A company should process a product further if the additional revenue from the split-off point is greater than than the further processing cost.  

Also note that all cost incurred up to the split-off point are irrelevant to the decision to process further .  

                                                                                       $

Additional sales revenue from further processing

($22-$17)×  6,500                                                        32,500

Less further processing cost                                       (8,800)

Financial advantage                                                     23,700

Financial advantage  of further processing =$23,700

The Northern Ring Company manufactures 2,000 telephones per year. The full manufacturing costs per telephone are as follows: Direct materials $ 2 Direct labor 8 Variable manufacturing overhead 6 Average fixed manufacturing overhead 6 Total $22 The Texas Ring Company has offered to sell Northern Ring Company 2,000 telephones for $15 per unit. If Northern Ring Company accepts the offer, $10,000 of fixed overhead will be eliminated. Northern Ring should: Select one: A. Buy the telephones; the savings is $12,000 B. Make the telephones; the savings is $2,000 C. Buy the telephones; the savings is $24,000 D. Make the telephones; the savings is $12,000

Answers

Answer:

A. Buy the telephones; the savings is $12,000

Explanation:

The computation is shown below;

Particulars                    Without offer                  with offer

Direct material              $4,000                              $0

                              (2,000 × $2)

Direct labor              $16,000                                 $0

                             (2,000 × $8)

Variable manufacturing overhead $12,000         $0

                             (2,000 × $6)

Fixed manufacturing overhead $12,000             $2,000

                                                                 ($12,000 - $10,000)

Purchase cost                                                        $30,000

                                                                  ($2,000  × $15)

Total cost                   $44,000                        $32,000

Therefore the option A is correct

Adamson Corporation is considering four average-risk projects with the following costs and rates of return:

Project Cost Expected Rate of Return
1 $2,000 16.00%
2 3,000 15.00
3 5,000 13.75
4 2,000 12.50

The company estimates that it can issue debt at a rate of rd = 10%, and its tax rate is 30%. It can issue preferred stock that pays a constant dividend of $5 per year at $48 per share. Also, its common stock currently sells for $33 per share; the next expected dividend, D1, is $4.00; and the dividend is expected to grow at a constant rate of 5% per year. The target capital structure consists of 75% common stock, 15% debt, and 10% preferred stock.

Required:
a. What is the cost of each of the capital components?
b. What is Adamson's WACC?

Answers

Answer:

a. Cost of debt = Interest * (1 - Tax rate)

= 10%*(1 - 0.30)

= 7%

Cost of preferred stock = Dividend/ Issue price

= 5/48

= 10.42%

Cost of common stock (Cost of retained earnings) = (D1/P0) + g

= (4/33) + 0.07

= 0.12 + 0.07

= 0.19

= 19%

b. Fund                         Cost        Weight       Cost * Weight

Debt                           7%          0.15                 1.05%

Preferred stock        10.42%     0.10                1.042%

Retained earnings     19%         0.75               14.25%

WACC                                                               16.342%

Communication starts with

Answers

sender

is answer..

........

Sparkle Metallurgy, Inc. has two service departments (Human Resources and Building Maintenance) and two production departments (Machining and Assembly). The company allocates Building Maintenance cost on the basis of square footage and Human Resources cost on the basis of employees. It believes that Building Maintenance provides more service than Human Resources. The square footage and employees in each department follow. Square Footage Employees Human Resources 4,000 10 Building Maintenance 10,000 15 Machining 15,000 40 Assembly 21,000 60 Assuming use of the step-down method, which of the following choices correctly denotes the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated (i.e., spread)?
a. 19,000.
b. 44,000.
c. 50,000.
d. 63,000.

Answers

Answer:

B.40,000 square feet

Explanation:

Calculation to correctly denotes the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated

Employees Human Resources 4,000

Machining 15,000

Assembly 21,000

Number of square feet 40,000

(4,000+15,000+21,000)

Therefore the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated is 40,000

Teal Mountain Inc. issues $5.0 million, 10-year, 8% bonds at 101, with interest payable on January 1. The straight-line method is used to amortize bond premium. (a)Prepare the journal entry to record interest expense and bond premium amortization on December 31, 2022, assuming no previous accrual of interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Answers

Answer:

Dec. 31

Dr Interest expense $405,000

Cr Discount on bonds payable $5,000

Cr Cash $400,000

Explanation:

Preparation of the journal entry to record interest expense and bond premium amortization on December 31, 2022

Dec. 31

Dr Interest expense $405,000

($400,000+$5,000)

Cr Discount on bonds payable $5,000

[$5,000,000 - ($5,000,000 x 101/100)/10]

Cr Cash ($5,000,000 x 8%) $400,000

(To record interest expense and bond premium amortization)

Penetration pricing doesn't work if ________.

Answers

Answer: the price isnt low enough

Explanation:Penetration pricing is a marketing strategy used by businesses to attract customers to a new product or service by offering a lower price during its initial offering. The lower price helps a new product or service penetrate the market and attract customers away from competitors.

George is responsible for examining the heating and air conditioning system of an upcoming hotel. So, George is a mechanical____

Answers

So the answer may be expert or dude perhaps?

Answer:

a mechanical inspector

Task 1 . The income (in thousand $) of 5 small companies labeled AA , BB , CC , DD , EE has been calculated and the results are as follo,;vs:

2.49j 2.39j 2.39, 1.79, 3.8 .
1. Put the obtained data as points on the following coordinate system.


Income value


3

2

1


AA BB CC DD EE Company

2. Calculate the mean value from the sample for these data:


On the chart draw a line y = x (a horizontal line at the level of the mean of the sample) and for every measurement mark the difference between the value of the measurement and the sample mean.
3. Calculate the samples variance, standard deviation and the estimator of variance:

Icr2 =_.!_ f=_(xi -

I• I

__ n i=l

x_) _= iT





4. Write proper values into the following tagged fields and interpret the results obtained:

CJ CJ
x - 20- x - a x+ a x+ 20-

Date of simulation : 2021 03 02 20:30:20.050 Seed: 20302 8071 .




8

Answers

Answer:

yggjuytygyvcfryttgggv

Explanation:

Is gender pay gap logical ? If so, kindly explain.
Thanks.

Answers

Answer:

yes (logically but in my opinion no)

Explanation:

The reason why is because some jobs required you to lift heavy stuff and some women can't lift very heavy things.

The objectives of labor unions frequently shift with social and economic trends. In the 1970s, the primary objective was additional pay and benefits for members. In the 1980s, job security and union recognition were uppermost. In the 1990s and into the 2000s, unions again focused on job security due to the growth of global competition and outsourcing. Organized labor has also strongly opposed the increase in offshore outsourcing, claiming this practice will cost U.S. jobs. Labor unions generally insist that a contract contain a union security clause stipulating that employees who reap union benefits either officially join or at least pay dues to the union. Edward was recently transferred to a location in a new state. He was surprised that he was not required to be in the union in the new state, but he was in the old state. He later learned that the new state passed a provision giving him the choice.

a. Open shop agreement
b. Union shop agreement
c. Agency shop agreement & Right-to-work law

Answers

Answer:

The provision passed by the new state giving Edward the choice is called:

a. Open shop agreement.

Explanation:

The open shop agreement allows Edward but does not oblige him to be a union member before he can be hired in the new state.  This means that the choice to belong to a union should be made by Edward and not his employer.  It is not like a closed shop agreement, where Edward must be required to be a union member to be employed.

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