Answer:
$321
Explanation:
Given that;
Direct materials = $800,000
Conversion cost = $805,000
Total manufacturing cost = $1,605,000
Units produced = 5,000
We will get the unit cost by dividing the total cost with the number of units produced.
Therefore,
Units cost = Total cost / Number of units
Unit cost = $1,605,000 / 5,000
Unit cost = $321
product in the market. Jeremy hasn't decided on the type of research method that will help him accomplish the research task. He has
considered searching for available information in trade journals and newsletters. He also thinks that he could collect a group of
consumers and interview them personally to understand their opinions. He could also look for relevant data on business-related
websites. He has also considered referring to census reports and other publications that might help him with the research.
He also thinks that he could collect a group of consumers and interview them personally to understand their opinions.
This is the answer because in the primary market research you find people to do it for you and getting a group involves other people.
Answer:
The answer is B. I think.
Explanation:
Answer:
The correct answer is: filtering.
Explanation:
Filtering is the process in which an employee hides some information to higher rank workers with the purpose of not affecting the employees who committed the fault. Filtering is the first step middle-range workers take to provide their subordinates enough confidence to correct themselves instead of punishing them. Corrective behaviors are expected from the workers at fault.
Answer:
The present value is $19,039
Explanation:
The computation of the Present value is shown below
= Present value of all yearly cash inflows after applying discount factor
The discount factor should be computed by
= 1 ÷ (1 + rate) ^ years
where,
rate is 2%
Year = 0,1,2,3,4 and so on
Discount Factor:
For Year 1 = 1 ÷ 1.02^1 = 0.9804
For Year 2 = 1 ÷ 1.02^2 = 0.9612
For Year 3 = 1 ÷ 1.02^3 = 0.9423
For Year 4 = 1 ÷ 1.02^4 = 0.9238
So, the calculation of a Present value of all yearly cash inflows are shown below
= (Year 1 cash inflow × Present Factor of Year 1) + (Year 2 cash inflow × Present Factor of Year 2) + (Year 3 cash inflow × Present Factor of Year 3) + (Year 4 cash inflow × Present Factor of Year 4)
= ($5,000 × 0.9804) + ($5,000 × 0.9612) + ($5,000 × 0.9423) + ($5,000 × 0.9238)
= $4,901.96 + $4,805.84 + $4,711.61 + $4,619.23
= $19,039
We take the first four digits of the discount factor.
Answer: The Economic order quantity(EOQ) is 74 boxes.
Explanation:
Given weekly demand (d)= 4 boxes
Annual demand (D) = 452 = 208 boxes
Ordering cost S = $5
Holding cost H = $0.347
Standard deviation () = 0.50
Lead time (L) = 2 weeks
∴ Economic order quantity (EOQ) Q is as follow :
Q =
Q =
Q = 77.42 or 74
The Economic order quantity(EOQ) is 74 boxes.
Answer:
FINANCING LEASE.
trailer 600,000 debit
lease liability 479,825 credit
cash 120,175 credit
--to record Jan 1st entry--
interest expense 38,386 debit
lease liability 81,789 credit
cash 120,175 credit
--to record Dec 31st entry--
Explanation:
The lease is for more than half of the asset useful life. Also, it has a present value equal to the fair value of the trailer. Also, ownership is acquired at the end of the lease life.
To build the schedule we calculate the interest on the principal
then, we subtract that from the installment to get the principal amortization and solve for the remaining at year-end
we repeat this procedure during the life of the lease.
Jan 1st, 2021
the journal entries will recognize the lease liability, the cash from the first payment, and the trailers received
Dec 31st, 2021
Here we must recognize the interest expense as well as the decrease in the lease liability.
Answer: Option (A) is correct.
Explanation:
The budgeted production determines the number of units that should be produced. It is derived from the combination of two components i.e. sales forecast and finished goods inventory in hand.
Budgeted production:
= Budgeted sales in units + Desired ending inventory in units - Beginning inventory in units
Answer:
The correct option is A. dding budgeted sales in units to the desired ending inventory in units and deducting the beginning inventory in units from this total
Explanation:
The formula to computed the budgeted production is shown below:
= Ending inventory in units + Budgeted sales in units - Beginning inventory in units.
where,
Ending inventory is the inventory which is left at the end of the year or we can say the closing stock of inventory
Budgeted sales are the sales which is to be sell in the future
Beginning inventory is that inventory which shows at the starting of the year or we can say opening stock of inventory
Therefore, the remaining options are incorrect.
So, the correct option is A. dding budgeted sales in units to the desired ending inventory in units and deducting the beginning inventory in units from this total