Winnwbagel corp. currently sells 25,200 motor homes per year at 37,800 each, and 10,080 luxury motor coaches per year at $71,400 each. The company wants to introduce a new portable camper to fill out its product line., it hopes to sell 15,960 of these campers per year at $10,080 each. An independent consultant has determined that if the company introduces the new campers, it should boost the sales of its existing motor homes by 3,780 units per year, and reduce the sales of its motor coaches by 756 units per year. What is the amount to use as the annual sales figure when evaluating this project? a. $237,293,280.
b. $262,271,520.
c. $357,739,200.
d. $95739200.
e. $160,876,800.
f. $249,782,400.

Answers

Answer 1

Answer:

Answer:

Option C is correct

Annual sales figure =$ 357,739,200

Explanation:

Annual sales figure for Winnebago corp after the introduction f the new portable campers would be the sum of the annual sales figure for motor homes, luxury homes (after the introduction of new product) and the camper.

Note that the only the impact of the introduction of the new product would be considered on sales would . The existing sales figures are not not relevant because they are not incremental.

Also,any reduction in sales figure as result of the introduction of a new product would be deducted.

These explanations are incorporated into the analysis below:

Product type Quantity Price Sales figure ($'000)

Motor homes 3780 37,800 142,884

Luxury homes 756 71,400 (53,978.4)

Camper 15,969 (10,080 ) 160,967.52

Total sales 357,739.20

Annual sales figure =$ 357,739,200

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One element in preparing a financial plan for a client is to determine the appropriate type and amount of life insurance. If a client is conservative, 30 years old, and married with 2 young children, whose income is unpredictable, the IA may recommend what type of life insurance policy?

Answers

Answer:

Permanent Life Insurance Policy

Explanation:

Permanent Life Insurance Policy is a flexible insurance policy that allows policy holders to borrow from their insurance policy (policy loan). Furthermore, withdrawal up to the total premium amount paid into the policy is allowed.

Global strategic planning is a primary function of a company's managers, and the process of strategic planning provides a formal structure for undertaking this process. Companies are confronting a set of environmental forces that are increasingly complex, global, and subject to rapid change. In response, many international firms have found it necessary to institute formal global strategic planning to provide a means for top management to identify opportunities and threats from all over the world, formulate strategies to handle them, and stipulate how to finance and manage the implementation of these strategies? Drag the following stat ogic pianning steps into the ordor in which they typicaliy occur, from first to last.1. Quanbry goals 2. Formulatc strategic3. External analysis4. Set ojectives 5. Intemal Analysis 6. Tactical planning 7. Define busines

Answers

1. External analysis

2. Internal analysis

3. Define business

4. Set objectives

5. Quantify goals

6. Formulate strategies

7. Tactical planning

The following information should be considered:

Global Strategic Planning happens in the following 7 stages;

External Analysis : Here the business's external Environment should be scanned.
Internal Analysis: In this, it shows the strengths, weakness, it's customers and value chain
Define Business: Reason for existence, objective, aims, etc
Set Objectives: Here the company should set objectives for what they want the company to do in the global Environment.
QuantifyGoals: Here the company attempts to quantify
Formulate Strategie: strategies for implement it's goals should then be formulated.
TacticalPlanning: The plans that will ensure the success of the strategic goals are then made.

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Answer:

1. External analysis

2. Internal analysis

3. Define business

4. Set objectives

5. Quantify goals

6. Formulate strategies

7. Tactical planning

Explanation:

Global Strategic Planning happens in the following 7 stages;

1. External Analysis

Scan the business's external Environment and identify the opportunities presented or the threats posed by outside forces to the company.

2. Internal Analysis

Then it is time to look into the company and find out it's strengths, weakness, it's customers and value chain, and what sets it apart from others. In other words, what is the Differentiation factor that it has over other companies.

3. Define Business

What is the company's reason for being in existence. What are the objectives and aims of the business and who is it targeting. Why is it targeting them. This is where those Important questions are asked so that one might know why the business exists.

4. Set Objectives.

Here the company should set objectives for what they want the company to do in the global Environment. How the company should be positioned and what the strategic goals are.

5. Quantify Goals

Here the company attempts to quantify or properly express the goals that they hope to achieve in the globe so make it less complicated.

6. Formulate Strategies

Based on what the company has researched and analyzed about itself and the external Environment, strategies for implement it's goals should then be formulated.

7. Tactical Planning

After the Strategic goals have been made, the Tactical Planning is next. This is when the plans that will ensure the success of the strategic goals are then made. These are more short term in nature unlike the strategies that are long term.

Other things the same, when the price level rises, interest ratesa. rise, so firms increase investment.
b. rise, so firms decrease investment.
c. fall, so firms increase investment.
d. fall, so firms decrease investment.

Answers

B is the correct answer for this

Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. Louvers plans to prepare financial statements as of June 30, the end of its fiscal year. Prepare the necessary June 30 adjusting entry for Louvers by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.

Answers

If Louvers, Inc., accepted a $15,000, 180-day, 10 percent note from a customer on May 31. The necessary June 30 adjusting entry for Louvers will be:

Debit Interest receivable $125

Credit Interest revenue $125

Louvers, Inc. Adjusting Journal entry

Debit Interest receivable $125

Credit Interest revenue $125

($15,000 × 10% × 30/360)

(To record interest receivable)

The Interest amount of $125 calculated as ($15,000 × 10% × 30/360) is due at maturity. Between May 31 and June30, a total of 30 days passed.

Inconclusion the necessary June 30 adjusting entry for Louvers will be:

Debit Interest receivable $125

Credit Interest revenue $125

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Answer:

Interest receivable

To Interest revenue

(Being the interest receivable is recorded)

Explanation:

The adjusting entry is as follows

Interest receivable

To Interest revenue

(Being the interest receivable is recorded)

The computation is shown below:

= Principal × rate of interest × number of days ÷ (total number of days in a year)

= $15,000 × 10% × (30 days ÷ 360 days)

= $125

The 30 days is calculated from May 31 to June 30

Sleepy Company, a 70%-owned subsidiary of Pickle Corporation, reported net income of $600,000 and paid dividends totaling $225,000 during Year 3. Year 3 amortization of differences between current fair values and carrying amounts of Sleepy's identifiable net assets at the date of the business combination was $112,500. The noncontrolling interest in consolidated net income of Sleepy for Year 3 was :
a. $146,250.
b. $33,750.
c. $67,500.
d. $180,000.

Answers

Answer:

Option (a) is correct.

Explanation:

Given that,

Net income = $600,000

Difference between fair value and carrying value = $112,500

70%-owned subsidiary of Pickle Corporation.

Non-controlling interest in net income:

= [Net income - Difference between fair value and carrying value] × 0.3

= [$600,000 - $112,500] × 0.3

= $487,500 × 0.3

= $146,250

On March 31, 2017, Alpha Corporation recorded the following factory overhead costs incurred: Factory Manager Salary $7,000 Factory Utilities 2,000 Machinery Deprecation 11,000 Machinery Repairs 2,500 Factory Insurance (prepaid) 1,000 The overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $21,000 would be incurred, and 10,000 direct labor hours would be worked. During March, 7,100 hours were actually worked on Job Order A-2 and 3,000 hours were actually worked on Job Order A-3. Use this information to prepare the March 31 General Journal entry to record the factory overhead costs. (round any final dollar answers to the nearest whole dollar):

Answers

Answer:

Explanation:

check the file attached for full explanation

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