A presentation of the multiple-step income statement is presented below.
Wayman Corporation
Multiple-step income statement
As on December 31,2021
Sales revenue $397,000
Less: Cost of goods sold -$131,000
Gross profit $266,000
Less: Operating expenses
Salaries expense $41,000
Utilities expense $51,000
Advertising expense $31,000
Total operating expense -$123,000
Operating income $125,000
Less: Interest expense -$15,000
Income before taxes $110,000
Less: Income tax expense -$45,000
Net income $65,000
So, a multi-step income statement is an income statement which tends to segregate the total revenue and expenses into the operating and the non-operating heads.
Hence, the presentation of the multiple-step income statement was presented.
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A public relations team can do which of the following for a person or an organization?
A. Force a person or organization to issue an apology for doing something wrong.
B. Determine whether a person is guilty in the eyes of the public.
C. Build relationships between an organization and the general public. ^CORRECT ANSWER
D. Decide to fire a player or managers after making controversial remarks.
Build relationships between an organization and the general public for a person or an organization. A corporation or organization's Public relations is created and maintained by public relations professionals. They produce material.
Such as press releases and social media posts, that influence public perception of the business or organization and raise brand recognition. Several decades later, a more up-to-date definition of public relations was created; it is still in use today. It states: "Public relations is a strategic communication process that establishes mutually beneficial connections between corporations and their publics. Public relations tactics enable the brand to take advantage of opportunities.
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you are conducting a cost-benefit analysis for a federal highway project. the hourly wage for construction workers on this project is $17.50 per hour. these workers could have earned $12.75 in other jobs in the community and will spend 1 million hours completing the highway project. what is the total labor cost associated with this project? group of answer choices $17.5 million $30.25 million $4.75 million $12.75 million
Using the wages approch we assume that people couls have used that time for working instead of being in traffic.
since the value of hourly wage in the community is $16.80per hour.
and the time savings = 100000 hours.
so, the value assigned to reduced driving time= 16.8*100000
= 1680000.00 ans.
Determine whether or not or now no longer the necessities in the guideline of thumb are really well worth the value it might take to enact the ones necessities. Make a listing of one-time or ongoing charges (charges are primarily based totally on marketplace expenses or research).
The predominant intention of value-advantage evaluation is to decide whether or not it's miles really well worth venture a task or task. This choice is made through accumulating statistics at the charges and advantages of that task.
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Your partner wants to make sure you are well taken care of financially in the event they die, and so takes out a life insurance policy on themselves with liberty life, co. , naming you as beneficiary on the policy. Unfortunately, tragedy strikes and your partner dies. However, the life insurance company refuses to pay you on the policy. Do you have the right to sue them since you were not a party to the contract?
Yes, definitely. I can sue the insurance company if they tend to violate the terms and conditions of my policy. Secondly, its important to avoid certain mistakes from our behalf too so, there is no delay in the distribution of wealth if any unfortunate event happens.
There are certain reasons that an insurance company can deny your claim even if you were the only beneficiary:
possibilities of application errorsthere could be an error in claim or omissionsfrauds in insurancelack of coverageSo, whether you're planning to sue your insurance company or not, it's always a good idea to be organized and maintain thorough records. Some things to bear in mind, like keeping copies of all communications you have with the insurance provider and/or its representatives. If you feel like they are recording your calls, remain cool. Keeping the track of the items you have insured, taking pictures and keeping receipts is really necessary. Right after an accident, take pictures of the damaged property, such as your car or house. Keep a record of the costs you incur is the most prominent thing that should not be missed.
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your grandparents would like to establish a trust fund that will pay you and your heirs $115,000 per year forever with the first payment one year from today. if the trust fund earns an annual return of 2.2 percent, how much must your grandparents deposit today?
They must deposit $5,227,272.73 if the trust fund will pay $115,000 per year and the trust fund earns an annual return of 2.2%.
The amount to be deposited today can be considered as the present value that can be described as the current figure of a future sum of money or stream of cash flows provided a specified rate of return.
The amount to be deposited or in other words, the present value can be calculated by using the formula for present value;
PV = Annual cash flow / Interest rate
Substituting the given values of annual cash flow and interest rate in this formula;
PV = $115,000 / 0.022
PV = $5,227,272.73
Therefore, the amount that has to be deposited today by them is calculated to be $5,227,272.73
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the main distinction between applied and basic business research is that the former is specifically aimed at solving a currently experienced problem,whereas understanding of phenomna and problems that occurs in various organizational settings
Instead than trying to find a solution, basic research concentrates on knowledge expansion. Applied research, on the other hand, focuses its efforts on identifying a solution to a particular issue. When conducting applied research, researchers frequently seek to fulfill the needs of a client.
What do you mean by business research?Business research is the process of gathering thorough knowledge on all business-related topics and applying that information to increase sales and profit for the company. Such a study aids businesses in identifying the most profitable or popular product or service.
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the operating cycle of a merchandiser with credit sales includes the following five activities. with merchandise acquisition as the starting point, arrange the events in the correct order.
The arranging activities after merchandise acquisition are as follows: Purchase merchandise; → Prepare merchandise for sale → Make credit sales to customers → Monitor and service accounts receivable → Collect cash from customers on account.
What does it mean to purchase goods?The process of discovering and buying products from manufacturers and sell on their behalf is known as merchandise buying and is a crucial component of retail management.
What does inventory in company mean?Everything you do to market and sell your items once a potential customer enters your store is known as merchandising. Products that are for purchase, typically in a retail context, are what we mean when we talk about goods.
Is merchandise a form of business?One of the most prevalent business models is a merchandising firm. A company known as a merchandising firm buys finished goods and resells them among customers. Take your neighborhood grocery store or apparel retailer as examples. These are both retail businesses.
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I understand that the question you are looking for is:
The operating cycle of a merchandiser with credit sales includes the following five activities. Starting with merchandise acquisition, with merchandise acquisition as the starting point, arrange the events in the correct order.
a. purchases of merchandise.
b. credit sales to customers.
c. inventory made available for sale.
d. cash collections from customers.
e. accounts receivable accounted for
onslow company purchased a used machine for $240,000 cash on january 2. on january 3, onslow paid $10,000 to wire electricity to the machine. onslow paid an additional $2,000 on january 4 to secure the machine for operation. the machine will be used for six years and have a $28,800 salvage value. straight-line depreciation is used. on december 31, at the end of its fifth year in operations, it is disposed of.
The carrying value at the end of the fifth year based in the depreciation is $66000.
How to calculate the carrying value?To start with, the cost of equipment includes the cost of its purchase and every cost that is spent on the machine to make it work or operate.
The total cost of the machine is:
Purchase cost: $240,000
Add: Cost of wiring: $10,000
Add: Additional cost to operate: $2,000
Total--------------------------------------------$252,000
Depreciation(straight line formula) =(Cost of the machine - Salvage Value)/the number of yearsSalvage value = $28,800Number of years = 6 years
Therefore, depreciation = ($252,000-$28,800)/6 years
Yearly depreciation = $37,200
Depreciation for five years = $186,000($37,200*5)
The carrying value at the end of the fifth year is $66,000($252,000-$186,000).
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ellie is crafting strategy for her online business. she is currently involved in tactical planning and she is examining the next six months. this time period would be considered .
If Ellie is crafting strategy for her online business. She is currently involved in tactical planning and she is examining the next six months. This time period would be considered short range.
What is tactical planning?Tactical planning can be defined as the kind of planning in which a person tend to find ways of turning that long term plan into a short term plan and then work toward achieving the plan.
The time period would be considered short range because she is planning to achieve her set goals in the next six month.
Therefore we can conclude that she is engaging in tactical planning be wanting to achieve her set goals in a short time frame.
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A company’s hr department is overwhelmed with a constant flood of résumés submitted through its website and in response to the ads it places for job vacancies. Derrick, the department’s manager, is concerned that the company will overlook excellent candidates because employees don’t have time to carefully evaluate or remember all the applicants. How might an applicant-tracking system help the department?.
When it is about the help that will be provided by an applicant-tracking system in the given situation is by matching data in résumés against the company’s selection criteria and storing records for future searches. Hence, Option C is correct.
What is the applicant-tracking system?
An application tracking system (ATS) is software that allows employers and recruiters to keep track of applicants during the hiring and recruiting process.
A software programme called an application tracking system (ATS) automates administrative tasks in hiring and recruiting. An ATS, for instance, makes it possible to schedule interviews more quickly, advertise jobs more easily, optimise referrals, automate processes, and more.
Therefore, Option C is correct.
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The complete question has been attached in text form:
A company’s HR department is overwhelmed with a constant flood of résumés submitted through its website and in response to the ads it places for job vacancies. Derrick, the department’s manager, is concerned that the company will overlook excellent candidates because employees don’t have time to carefully evaluate or remember all the applicants. How might an applicant-tracking system help the department?.
Multiple Choice
by contacting candidates and inviting them to visit Mega for an interview with HR staffers
by comparing a few keywords in job descriptions with the content of applicants’ résumés to find an exact match
by matching data in résumés against the company’s selection criteria and storing records for future searches
by making decisions about which of the candidates the company should hire for each position
by repeating a selection process that is familiar
apart from setting goals to improve employee productivity, blue chemicals inc. plans to introduce social service programs in which employees can participate. which feature of a smart2 goal can be observed in this scenario?
Feature of a smart2 goal can be observed in this scenario is meaningful.
‘SMART’ can be defined as an acronym that stands for Specific, Measurable, Achievable (or Attainable), Relevant, and Time-bound. SMART goals meet all 5 of these criteria — and, as a result, focused, are strategic, and actionable.
Features of SMART, such as:
Specific, can be defined as the goal should be very precise with no room for misinterpretation.Measurable, can be defined as the goal should be quantifiable, and progress should be easy to track.Achievable, can be defined as the goal should be attainable — not outlandish or unrealistic.Relevant, can be defined as the goal should contribute to your broader, overarching goals.Time-bound, can be defined as the goal should have a defined start and end date.Learn more about SMART goals here https://brainly.com/question/4939309
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What if the U.S. Government wants to slow down INFLATION. What would be the best policy tool to accomplish this?
A.Fiscal policy; Raise taxes
B.Monetary policy; Increase the money supply
C.Fiscal policy; Cut taxes
D.Monetary policy; Decrease the money supply
U.S. Government wants to slow down their Inflation, the best policy acquired by government is Monetary policy by decrease the money supply. Hence, Option D is correct.
Inflation is an economic term that suggest when spending oversteps the production. Increase in a price due to constraints that increase the cost of producing goods and offering services. Thus to control the inflation the optimum step is Monetary policy by reducing the supply of money in economy by increasing interest rates. Higher rates also slow down the growth of incentivizing and investors to buy treasuries, which guarantees a set rate of return. But, lower rate increase equity investments which are riskier.
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you have 30 years left until retirement and want to retire with $1.8 million. your salary is paid annually, and you will receive $68,000 at the end of the current year. your salary will increase at 3 percent per year, and you can earn a return of 9 percent on the money you invest. if you save a constant percentage of your salary, what percentage of your salary must you save each year
If you save a constant percentage of your salary, the percentage of your salary that must you save each year is 19.4%
What is a percentage?The percentage is a portion or ratio of a whole data set.
Percentages are represented by the percent symbol (%).
It is a proportional value and always expressed over 100.
N (# of periods) = 30 years
I/Y (Interest per year) = 9%
PV (Present Value) = $0
FV (Future Value) = $1,800,000
Results:
Annual Savings = $13,205.43
Percentage of savings to annual salary at a constant value = 19.4% ($13,205.43/$68,000 x 100)
Sum of all periodic payments = $396,162.98
Total Interest = $1,403,837.02
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which are characteristics of a continuous process line? multiple select question. may operate 24 hours a day. highly automated machinery is used. shutdowns can be expensive. product is moved from one workstation to the next workstation in a sequence of events.
The characteristics of a continuous process line are:
May operate 24 hours a day.Highly automated machinery is used.Shutdowns can be expensive.Continuous production is a sort of production system wherein substances being processed are constantly in motion.
Non-stop manufacturing, like mass production, is a flow production approach. At some stage in continuous processing, distinct parts flow from one gadget to the next to make a finished product.
A process that operates on the premise of non-stop glide, in preference to batch, intermittent, or sequenced operations.
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The fast food industry, which uses logos and branding to
sell products, can be best classified as which of the
following?
a. Monopoly
b. Monopolistic Competition
C. Perfectly Competitive
d. Oligopoly
Answer:
Monopolistic Competition
Explanation:
searched it up :)
a local government operates a city recreation center with a pool and tennis courts. the center is financed through $50 annual membership fees (required for members to use it). this type of financing is an example of a
A city recreation center featuring a pool and tennis courts is run by the municipal administration. The center is supported through $50 yearly membership fees (required for members to use it).
An illustration of a user charge is this form of financing.
What is the DCA approach?
The practice of investing a set dollar amount on a regular basis, independent of the share price, is known as dollar cost averaging. It's a terrific method to form a disciplined investing habit, increase your investment efficiency, and possibly reduce your stress—as well as your expenses.
Use dollar cost averaging when?
Dollar-cost averaging can be quite effective during bad markets and recessions. If you commit to this technique, you will invest when the market or a stock is down, which is when buyers may be able to find the best bargains.
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when jo and nadia opened their bakery in a small rural midwestern town, they knew that their limited customer base could be a problem. to attract more customers, they created character cookies for children, cupcakes for teenagers’ birthday and graduation parties, and cakes for weddings and anniversaries. they even designed a special "welcome" cake for seniors moving to senior living centers. jo and nadia used differentiated target marketing to reach their customers.
The statement "Jo and Nadia used differentiated target marketing to reach their customers." is a true statement
This is further explained below.
What is target marketing?Generally, A serviceable achievable market (also known as a target market) is a set of consumers within a firm's serviceable accessible market that a business directs its marketing efforts and resources towards.
Another name for this kind of market is a target market.
A specific segment of the overall market for a product or service is referred to as the target market.
When marketing their goods or services, businesses often have certain groups of people in mind, known as target markets, to whom they direct their marketing efforts.
Companies employ target markets to get an in-depth understanding of their prospective clients and to develop marketing strategies that assist them in meeting their business and marketing goals.
In conclusion, The assertion that "Jo and Nadia employed distinct target marketing to reach their clients" is a statement that can be verified as being accurate.
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CQ
when jo and Nadia opened their bakery in a small rural midwestern town, they knew that their limited customer base could be a problem. to attract more customers, they created character cookies for children, cupcakes for teenagers’ birthday and graduation parties, and cakes for weddings and anniversaries. they even designed a special "welcome" cake for seniors moving to senior living centers. jo and Nadia used differentiated target marketing to reach their customers.
True or false
information provides the foundation on which supply chain processes execute transactions and managers make decisions. list and describe four (4) supply chain macro processes.
The component of supply chain macro processes are material flow, information flow, and financial flow. Each component of supply chain is related to each other.
(Supply Chain Management) or also known as SCM can be described as the management and supervision of the cycle chain, starting from the channel of material or raw goods, payments, information from suppliers to producers, wholesalers to retailers, until finally reaching the hands of buyers.
Supply chain processes are:
Material FlowInformation FlowFinancial flowComponents of Supply Chain Management
Upstream Supply Chain, Upstream supply chain management that takes care of the distribution of goods between companies and vendors or other parties in charge of distributing goods.Downstream Supply Chain, that can be defined as a management that takes care of all transfers of goods from the company directly to the hands of consumers.Internal Supply Chain, Internal supply chain management can be defined as a management related to goods entry activities.Here to learn more about Supply Chain Management brainly.com/question/18850093
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the following adjusted trial balance at december 31 of wilson trucking company. account title debit credit cash $ 8,000 accounts receivable 17,500 office supplies 3,000 trucks 172,000 accumulated depreciation—trucks $ 36,000 land 85,000 accounts payable 12,000 interest payable 4,000 long-term notes payable 58,000 common stock 30,000 retained earnings 140,000 dividends 20,000 trucking revenue 130,000 depreciation expense—trucks 23,500 salaries expense 61,000 office supplies expense 8,000 interest expense 12,000 totals $ 410,000 $ 410,000
Based on the given information, WILSON TRUCKING COMPANY's Net income equals to $25,500.
What is an Income Statement?It is a financial statement that shows a company's revenues, expenses and profitability over a period of time. It is also known as profit-and-loss statement which shows revenue from selling products or services and expenses used to generate the revenue and manage your business.
WILSON TRUCKING COMPANY
Income Statement
For Year Ended December 31, 2015
Revenues
Trucking fees earned $130,000
Expenses
Depreciation expense—Trucks $23,500
Salaries expense $61,000
Office supplies expense $8,000
Repairs expense—Trucks $12,000
Total expenses $104,500
Net income $25,500
Missing words "The Retained Earnings account balance is $155,000 at December 31, 2014. Prepare the income statement for the year ended December 31, 2015."
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on december 31 spearmint, incorporated, issued $450,000 of 9 percent, 3-year bonds at a premium of $11,795. the bonds pay interest semiannually. spearmint uses the straight-line bond amortization method. the entry to record each interest payment includes a debit to bond interest expense for $18,284, a debit to premium on bonds payable for $1,966, and a credit to cash for $20,250.
The carrying value of the bonds at June 30, 2016, is equal to the par value of $450,000 plus the unamortized premium of $9,829 (or $11,795 less $1,966 in amortization), or $459,829.
What is meant by the straight-line bond amortization method?One approach to determine debt payback is by straight-line amortization. The fact that it allows the same amount of interest for each payment until the loan is repaid is its primary attribute. It does this by dividing the entire amount of interest due by the required number of installments.
A straightforward loan repayment strategy is straight-line amortization, often known as continuous amortization. The monthly principal payment remains the same during this procedure, but the monthly interest payment reduces as the loan's principal balance grows over time.
The carrying value of the bonds at June 30, 2016, is equal to the par value of $450,000 plus the unamortized premium of $9,829 (or $11,795 less $1,966 in amortization), or $459,829.
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as a project manager, you identified a process-based problem you’d like to improve. before implementing a solution, you conduct performance metrics and data collection. this establishes baseline data that will determine success. what dmaic step did you apply?
The measure is the DMAIC step that I will use.
What steps makeup DMAIC?A data-driven quality technique called Define, Measure, Analyze, Improve, and Control (DMAIC) is used to enhance processes. The five steps of the procedure are denoted by the letters in the acronym.
What is the DMAIC's primary objective?DMAIC's primary objective is to get rid of costly variations in production and commercial processes. The use of the DMAIC (Deh-May-Ick) framework is one of the finest strategies to steadily improve your business processes.
What does a project manager do?A project manager is in charge of the project's planning, acquisition, implementation, and conclusion. The project manager is in charge of the entire undertaking and manages every aspect of it, including the project scope, the project team, and the resources allotted to it.
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let f be an rv that represents the operating temperature in fahrenheit of one instance of a manufacturing process, and let f ∼ n(90, 5 2 ). let c be an rv that represents the same process, but measured in celsius. fahrenheit can be converted to celsius using c
The random variable that represents the operating temperature in Celsius is c ∼ n(32.2, 28.9)
Random variable f ∼ n(90, 52 ) means it is a normal distribution variable with mean 90⁰F and standard deviation 52.
To convert it to Celsius, first convert the mean using:
C = 5/9 × (F - 32)
= 5/9 × (90 - 32)
= 32.2
The standard deviation 52 reflects the variation of the scale reading. Since in Fahrenheit reading the scale is divided into 180, while in Celsius it is divided into 100, then the proportional standard deviation in Celsius scale is:
5/9 × 52 = 28.9
Hence, the random variable in Celsius will be c ∼ n(32.2, 28.9)
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5.1 The Implementing Function
Putting a strategy into action is what is meant by implementation. Beginning with a specific issue they want to address or a strategy they want to implement, managers create a plan to address it.
What is the purpose of implementation?The act of carrying out a plan, a method, or any other design, idea, model, specification, standard, or policy is known as implementation. As a result, for something to actually occur, action must come after any previous thinking.
What is the C implementation of a function?Functions in C have to be defined before they may be utilized. They can either be stated in a header file or at the start of the C code and then implemented afterwards, or they can be implemented in the order they are used (less preferable).
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the tenant leases a heated apartment, but the landlord fails to provide heat because of a defective central heating plant. the tenant vacates the premises and refuses to pay any rent. this is an example of:
The tenant leaves the property without making any rent payments. This is an illustration of constructive eviction.
What is constructive eviction?Constructive eviction seems to be a term used in real estate law to indicate when a landlord forgoes the official, legal eviction process and instead tries to evict the tenant by making the property uninhabitable. When a tenant is effectively kicked out of their apartment, they have the right to end the contract and sue for compensation.
Which one of the following represents a constructive eviction?The absence of electricity, running water, or wintertime heating on the property are common instance of constructive eviction. The tenant has no further contractual responsibilities under the lease once constructive eviction has taken place, which releases them from their responsibility to pay rent.
What exactly is a California constructive eviction?According to California landlord-tenant law, a tenant is considered to have been constructively evicted when the living circumstances are so appalling that neither reasonable person could accept them and/or risk their health by staying there. In such cases, the renter is forced to leave the property.
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Upon graduating from college, annie needed to decide which city she wanted to live in, what kind of job to look for, whether to apply to graduate school now or later, what to do about her lease that was going to expire in three months, and whether to trade-in her car. What would you advise annie to do first in her decision-making process?.
As Annie is planning for the career, she need to list all the decisions she needs to make. Option B is the correct option as the first step in her decision-making process is listing all the decisions.
What is the significance of the decision making process?Decision making refers to the process of making choices by identifying a decision, gathering different information, and assessing best alternative resolutions.
Decision making process plays a very significant role in an individual's life as it help them to make thoughtful decisions by organizing relevant information and defining alternatives.
Basically, there are five major steps involved in the decision making process and these steps are the define, identify, assess, consider, implement, and evaluate.
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Complete question:- What would you advise annie to do first in her decision-making process?
1). Organize her decisions as strategic, significant or quick
2). List the decisions she needs to make
3). Characterize the complexity and magnitude of decision
4). Note the time for each decision
If primary value-chain activities involve effective management of inbound logistics and support activities include increased efforts in technology development, this is representative of which type of competitive advantage?.
If primary value-chain activities involve effective management of inbound logistics and support activities include increased efforts in technology development, this is representative of the Overall cost leadership type of competitive advantage.
The many business operations and procedures involved in producing a good or providing a service are referred to as the value chain. Research and development, sales, and all other phases of a product or service's lifespan can be included in a value chain.
The phrase "cost leadership" is used when a business positions itself as the industry's lowest-cost producer or supplier of a specific item or service. Because the management must continually seek to reduce costs at every level to remain competitive, implementing the approach is challenging.
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requirement 2. what are the job costs of the laguna model and the mission model using (a) normal costing and (b) actual costing? (a) identify the formula to calculate the indirect costs under normal costing and then calculate the indirect costs for each model.
Rates are based on costs experienced in the Laguna and Mission models under actual costing, whereas rates are based on expected total production efficiency under normal costing.
a) Budgeted Direct Labor Hours/Budgeted Indirect Cost Rate (a) Budgeted indirect expenditures come to $8 million.
Hours of Direct Labor Budgeted (DLB) = 135,000 Rate of Budgeted Indirect Costs: $8,100,000/135,000 hours = $60 per DLH
b) Calculating Indirect Costs The total of all direct costs (-) less any expenses that are exempt from IDC charges yields the Base Amount.
Formula:
Total indirect costs are equal to (Base Amount) x (Indirect Cost Rate).
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using the perpetual inventory system, what is the effect of a sale of inventory on assets? multiple select question. assets decrease by the cost of the inventory assets increase by the cost of the inventory assets increase by the sales price of the inventory assets decrease by the sales price of the inventory
The effect of a sale of inventory on assets is assets increase by the sales price of the inventory.
What is a perpetual inventory system? A perpetual inventory system gives an eCommerce trade an exact see at stock levels at any time without the manual preparation required for a periodic stock system. The automation that a perpetual stock system gives liberates up time and capitalA perpetual inventory system has a parcel of points of interest for eCommerce businesses of all sizes. Not as it were does it offer assistance tracking inventory information in real-time, but it moreover makes a difference eliminate labour costs and human error.To learn more about the perpetual inventory system, refer
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meeting with leaders from every country, the president signed off on a treaty created to reduce carbon emissions throughout each country of the planet. the regulation created after this treaty would go on to restrict heavily the business of the united states on how much they are able to emit from factories, cars, and industries. the president, upon returning home, is faced with the conservative backlash that hopes to stop the president by having what happen?
A legislator sends his or her constituency a questionnaire about their views on important issues so as to guide his or her vote.
What does a treaty mean?
A treaty, a legally enforceable contract, or any written document that creates duties between two or more international law topics (primarily states and international organizations). obligations after a pact becomes operative By ratifying a treaty, a state commits to it. To comply with a treaty, the state will frequently need to alter its national legislation. A treaty's provisions are legally binding and must therefore be followed.
Refusal to sign a treaty
A state has the right to make an independent decision to leave a treaty. This also goes by the name "denunciation." The conditions that must be met in order to withdraw from a treaty are typically set down in the treaty itself.
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sandford inc. manufactures lawn mowers and garden tractors. lawn mowers are relatively simple to produce and are made in large quantities. garden tractors are customized to individual wholesale customer specifications. the company produces and sells 300,000 lawn mowers and 30,000 garden tractors annually. revenues and costs incurred for each product are as follows: lawn mowers garden tractors revenue $19,500,000 $17,850,000 direct material 4,000,000 2,700,000 direct labor ($20 per hour) 2,800,000 6,000,000 overhead ? ? manufacturing overhead totals $3,960,000. a. calculate the profit (loss) in total and per unit for each product if overhead is assigned to product using a per-unit basis. note: round your final answers to two decimal places (i.e. round $4.355 to $4.36).
The profit (loss) in total and per unit for each product, if the overhead is assigned to the products using a per-unit basis, are as follows:
Mowers Tractors
Total profit (loss) $9,100,000 $8,790,000
Profit per unit $30.33 $293.00
How is a per-unit basis?A per-unit basis is a function of each product's total cost or profit divided by the production and sales units.
Manufacturing overhead totals $3,960,000
Mowers Tractors
Production and sales units 300,000 30,000
Revenue $19,500,000 $17,850,000
Direct material 4,000,000 2,700,000
Direct labor ($20 per hour) 2,800,000 6,000,000
Overhead ? ?
Overhead per unit = $12 ($3,960,000/330,000)
Overhead for Lawn Mowers = $3,600,000 ($12 x 300,000)
Overhead for Garden Tractors = $360,000 ($12 x 30,000)
Mowers Tractors
Production and sales units 300,000 30,000
Revenue $19,500,000 $17,850,000
Direct material 4,000,000 2,700,000
Direct labor ($20 per hour) 2,800,000 6,000,000
Manufacturing overhead 3,600,000 360,000
Total costs $10,400,000 $9,060,000
Total profit (loss) $9,100,000 $8,790,000
Profit per unit $30.333 $293.00
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consider the following timeline: if the current market rate of interest is 11%, then the present value (pv) of this timeline as of year 0 is closest to: question content area bottom part 1 a.$ 472 $472 b.$ 614 $614 c.$ 600 $600 d.$ 944
The cash flow stream consists of a certain number of payments that happen over a predetermined time frame. The payments may be consistent, equal, or they may vary from year to year.
A cash flow stream is what?
The money that flows into and out of your small business is known as cash flow, and it is a crucial sign of the overall health of your business's finances. The amount of money that is made or spent in a specific period of time is referred to as the cash flow. It's crucial to keep in mind that cash flow is distinct from profit.
What three sorts of cash flows are there?
To assess the liquidity and solvency of the company, organizations should monitor and analyze three different types of cash flow: cash flow from operating operations, cash flow from investing activities, and cash flow from financing activities. The cash flow statement of a corporation includes all three.
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