Bodin Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are plannned for the year 20x1. Five units of raw material are required to produce each unit of finished product. January 1 December 31 Raw material 42,000 49,000 Work in process 19,000 19,000 Finished goods 92,000 75,000 Required: 1. If Bodin Company plans to sell 476,000 units during the year, compute the number of units the firm would have to manufacture during the year. 2. If 508,000 finished units were to be manufactured by Bodin Company during the year, determine the amount of raw material to be purchased.

Answers

Answer 1

Answer and Explanation:

The computation is shown below:

1. The number of units to be manufactured during the year is

= Selling units + ending finished goods - opening finished goods

= 476,000 units +  75,000 units - 92,000 units

=  459,000 units

2. The raw material purchased amount is

= (508,000 × 5) + 49,000 - 42,000

= $2,547,000

The same would be relevant


Related Questions

Choose all of the items that are examples of fiscal policy.
a. There is an increase in income tax rates.
b. The Federal Reserve purchases bonds on the open market.
c. The estate tax is repealed.
d. Government increases military spending.
e. Public money is used to build a high-speed train that connects Los Angeles and Las Vegas.
f. The Federal Reserve increases the money supply by decreasing the reserve-ratio requirement.
g. To help domestic firms, government sets a quota on the number of goods that can be imported.

Answers

Answer:

A

C

D

E

Explanation:

fiscal policies are  steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Contractionary fiscal policy reduces money supply

tools of fiscal policy

Taxes

government spending

transfer payments

What are the main tools organizations use to track the progress of a plan?
A. Goals and objectives
O B. Schedules and budgets
C. Customer satisfaction surveys
O D. Sales and revenue

Answers

A) goals and objectives

Answer:

schedules and budgets

Explanation:

Answer each questions.

1. Do internet search enhance our knowledge in animal/fish raising?

2. Search in the internet a picture that demonstrates a skill in harvesting/capturing animal/fish?. Paste the picture below.​

Answers

Answer:

1.  Yes.

2.  The answer is in the attached picture

Explanation:

Yes, it is TRUE that internet searches enhance our knowledge in animal/fish raising. Due to the latest technology in gathering information through the web searches such as góóglé, people can easily find knowledge about the cultivating and harvest of animal or fish farming.

This is proven by easily getting a picture that depicts the skills in harvesting a fish in a pond or river

Your retirement fund consists of a $7,500 investment in each of 20 different common stocks. The portfolio's beta is 0.65. Suppose you sell one of the stocks with a beta of 1.0 for $7,500 and use the proceeds to buy another stock whose beta is 2.25. Calculate your portfolio's new beta. Do not round intermediate calculations. Round your answer to two decimal places.

Answers

Answer:

0.7125

Explanation:

Calculation to determine your portfolio's new beta.

First step is to calculate the Increase in beta as a result of net sales

Increase in beta as a result of net sales=2.25-1

Increase in beta as a result of net sales=1.25

Hence:

increase/stock=1.25/20=0.0625

Now let calculate the new beta

New beta=0.65+0.0625

New beta=0.7125

Therefore your portfolio's new beta will be 0.7125

The campaign manager for a doomed candidate is considering which states to visit during the last frenzied campaign week leading up to the nationwide election. Pennsylvania (P), Wisconsin (W), Florida (F), New York (Y), and North Carolina (C) are all aching for one last visit, but the candidate has only 80 hours and $250 million left in her campaign fund. A visit to Pennsylvania takes 10 hours and costs $15 million but earns 1% of the electorate. A visit to Wisconsin takes 15 hours and costs $20 million and earns 1.5%; a visit to Florida is only $8 million but takes 16 hours and earns 2%, and a visit to New York costs $25 million, requires 2 hours and earns 2% of the electorate. North Carolina requires 18 hours and $22 million per trip but earns 3% of the electorate. What is the objective function if the campaign manager wants to earn the highest electorate

Answers

Answer: maximize P + 1.5W + 2F + 2Y + 3C

Explanation:

The objective function refers to an equation that is used in describing the target of production output which maximizes profits.

The objective function is used to determine the profitability of a business as profits are maximized while losses are minimized.

The objective function if the campaign manager wants to earn the highest electorate will be to maximize P + 1.5W + 2F + 2Y + 3C

Assume that you have entered into a fixed for fixed currency swap agreement under which every 6 months you agree to pay 3% on a notional of 110M USD and receive 4% on a notional of 100M EUR. On the date you signed the contract the spot exchange rate is 1.1 USD/EUR. Six months later the spot exchange rate is 1.05 USD/EUR. Your actual payment net of what you receive at the first payment date equals to :__________

Answers

Answer: -0.55M USD

Explanation:

The payment made will be:

= 3%/2 × 110M USD

= 0.03/2 × 110M USD

= 1.65M USD

The amount received will be:

= 4%/2 × 100M EUR

= 2% × 100M EUR

= 0.02 × 100M EUR

= 2M EUR

Since exchange rate = 1.1 USD/EUR

2M EUR = 2 × 1.1 = 2.2M USD

Therefore, net payment will be:

= 1.65M - 2.2M

= - 0.55M USD

How can life expectancy and literacy rates affect the quality of labor in the economy?​

Answers

Explanation:

Life expectancy and literacy rates can affect the quality of labor in the economy because if citizens are literate, they are educated and likely have white-collar jobs. Citizens who are illiterate likely have more manual labor jobs.A nation with lower fertility rates will usually have less people, and scarce resources will take longer to run out

Cora purchased a hotel building on May 17, 2020, for $3,000,000. Determine the cost recovery deduction for 2021. a.$76,920 b.$69,000 c.$48,150 d.$59,520

Answers

Answer: $76920

Explanation:

Firstly, we should note that the hotel building is simply non residential and then qualifies to be part of 39 year property.

Then, the cost of recovery will be:

= 1/39 × Cost of the hotel

= 1/39 × $3,000,000

= $76,920

Therefore, the cost recovery deduction for 2021 is $76,920

On January 1, Year 1, Canseco Plumbing Fixtures purchased equipment for $52,000. Residual value at the end of an estimated four-year service life is expected to be $4,000. The company uses the straight-line method. For how much would each item below be reported at the end of Year 2?

Answers

Answer:

Reported for Year 2 will be :

Depreciation Expense = $12,000

Accumulated Depreciation = $24,000

Book Value = $28,000

Explanation:

Straight line method charges a fixed amount of depreciation for the period that the asset is in use in the business.

Depreciation Charge = (Cost - Salvage Value) ÷ Estimated Useful Life

therefore,

Depreciation Charge = ($52,000 - $4,000) ÷ 4

                                     = $12,000

we know that,

Accumulated depreciation = Sum of all depreciation to date

and

Book Value is the Costs less Accumulated depreciation

thus,

Balances for the Next 2 years will be as follows

Year 1

Depreciation Expense = $12,000

Accumulated Depreciation = $12,000

Book Value = $40,000

Year 2

Depreciation Expense = $12,000

Accumulated Depreciation = $24,000

Book Value = $28,000

Suppose a stock had an initial price of $85 per share, paid a dividend of $1.50 per share during the year, and had an ending share price of $99. a. Compute the percentage total return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What was the dividend yield

Answers

Answer:

18.23%

1.76%

Explanation:

The total return of a stock = price return + dividend yield

Price return calculates the change in price of a stock

Price return = (change in price / initial stock price ) x 100

change in price  = $99 - $85 = $14

($14 / $85) x 100 = 16.47%

Dividend yield = (dividend paid / initial price of the stock ) x 100

($1.5 / $85) x 100 = 1.76%

Total return = 16.47% + 1.76% = 18.23%

Sales and Production Budgets Ultimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following production and sales data for June. U500 S1000 Estimated inventory (units), June 1 25,000 10,000 Desired inventory (units), June 30 30,000 15,000 Expected sales volume (units): Northeast Region 140,000 100,000 Southwest Region 160,000 125,000 Unit sales price $45 $80 a. Prepare a sales budget. Enter all amounts as positive numbers.

Answers

Answer:

Part a

Ultimate Audio Company

Sales Budget

For the Month Ending June 30

Product and Area         Unit Sales Volume  Unit Selling Price  Total Sales

Model U500 :

Northeast Region             140,000                       $45               $6,300,000

Southwest Region            160,000                       $45               $7,200,000

Total                                                                                            $13,500,000

Model U500 :

Northeast Region            100,000                       $80               $8,000,000

Southwest Region           125,000                       $80              $10,000,000

Total                                                                                           $18,000,000

Total Revenue from Sales                                                        $31,500,000

Part b

Ultimate Audio Company

Production Budget

For the Month Ending June 30

                                                                   Model U500     Model S1000

Expected Units to be Sold                           300,000             225,000

Add Desired Closing Inventory                      30,000                15,000

Total                                                               330,000             240,000

Less Desired Opening Inventory                  (25,000)              (10,000)

Total Production                                            305,000            230,000

Explanation:

Note : I have attached the complete question as images below !

A Sales Budget shows the Total Expected Revenue from sale of budgeted units.

     Total Revenue = Total Expected Units Sales x Selling Price Per Unit

A Production Budget shows the number of units to be produced to meet the Sales and Inventory targets

     Total Production = Expected Sales + Desired Closing Inventory - Desired Opening Inventory

g You are looking for a dividend security to provide yourself with additional steady income. You have found a company with an expected dividend next year of $1.20. You have done an analysis on the company's past dividends and the dividend amount has increased at a constant rate of 3.4 percent for the last eight years and you have no expectation of a change in growth rate. If you require a 9 percent rate of return on your investments, what should you be willing to pay today for the stock

Answers

Answer: See explanation

Explanation:

The following information can be gotten from the question:

Expected dividend, D1 = $1.20

Required rate of return, r = 9%

Growth rate = 3.4%

Then, the formula to get the price will be:

= D1/(r-g)

= 1.2/(9%-3.4%)

= 1.2/5.6%

= $21.4

The amount to pay due the stock is less than $24.00

Required information Skip to question [The following information applies to the questions displayed below.] The December 31, 2021, adjusted trial balance for Fightin' Blue Hens Corporation is presented below. Accounts Debit Credit Cash $ 10,400 Accounts Receivable 134,000 Prepaid Rent 4,400 Supplies 22,000 Equipment 240,000 Accumulated Depreciation $ 119,000 Accounts Payable 10,400 Salaries Payable 9,400 Interest Payable 3,400 Notes Payable (due in two years) 24,000 Common Stock 140,000 Retained Earnings 44,000 Service Revenue 340,000 Salaries Expense 240,000 Rent Expense 12,000 Depreciation Expense 24,000 Interest Expense 3,400 Totals $ 690,200 $ 690,200 Required: 1. Prepare an income statement for the year ended December 31, 2021.

Answers

Answer and Explanation:

The preparation of the income statement is presented below:

Service Revenue 340,000

Less:

Salaries Expense 240,000

Rent Expense 12,000

Depreciation Expense 24,000

Interest Expense 3,400

Net income $60,600

Hence, we simply deduct the expenses from the service revenue so that we get the net income

Large Stock Dividend and Forward Stock Split Low Corporation has 50,000 shares of $40 par value common stock outstanding and retained earnings of $1,500,000. The company declares a 100 percent stock dividend. The market price at the declaration date is $40 per share. a. Prepare the journal entries for (1) the declaration of the dividend and (2) the issuance of the dividend.

Answers

Answer:

Part 1

Debit : Dividends  $50,000

Credit : Shareholders for dividends $50,000

Part 2

Debit : Shareholders for dividends $50,000

Credit : Cash $50,000

Explanation:

When dividends are declared and not paid, raise a Liability - Shareholders for Dividends to depict the Company`s Present obligation to its shareholders.

When dividends are issued, derecognize the liability - Shareholders for Dividends and recognize a Cash outflow to depict the outflow of cash resources as a result of the distribution.

Dividends Calculation :

Dividends = 50,000 shares  x 100% = $50,000

An employee earns $28 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 46 hours during the week. Assume that the FICA tax rate is 7.5% and that federal income tax of $200 was withheld. a. Determine the gross pay for the week. $fill in the blank 1 b. Determine the net pay for the week. Round intermediate calculations and your final answer to the nearest cent. $fill in the blank 2

Answers

Answer and Explanation:

a. The computation of the gross pay for the week is shown below

Regular pay ($28 ×40 hours) $1,120

Overtime pay (6 hours × $28 × 1.5) $252

Total gross pay $1,372

b. The computation of the net pay for the week is given below:

Gross pay $1,372

Less:

FICA ($1,372 × 7.5%) $103

Federal income tax $200

Net pay $1069.10

Smelly Perfume Company manufactures and distributes several different products. The company currently uses a plantwide allocation method for allocating overhead at a rate of $7 per direct labor hour. Cindy is the department manager of Department C which produces Products J and P. Department C has $16,200 in traceable overhead. Diane is the department manager of Department D which manufactures Product X. Department D has $11,100 in traceable overhead. The product costs (per case of 24 bottles) and other information are as follows:

J P X
Direct materials $100.00 $ 72.00 $48.00
Direct labor 42.00 31.50 12.00
Overhead 28.00 21.00 14.00
$170.00 $124.50 $74.00
Machine hours 4 2 3
Number of cases (per year) 300 500 600

1. If Smelly changes its allocation basis to machine hours, what is the total product cost per case for Product P?

a. $163.50
b. $144.00
c. $138.15
d. $117.15

2. If Smelly changes its overhead allocation to departmental rates, what is the product cost per case for Product P assuming Departments C and D use direct labor hours and machine hours as their respective allocation bases?

a. $117.15
b. $163.50
c. $131.50
d. $138.15

Answers

Answer:

Smelly Perfume Company

1. a. $117.15

2. $115.95

Explanation:

a) Data and Calculations:

                                                J              P            X         Total

Direct materials              $100.00  $ 72.00   $48.00

Direct labor                        42.00       31.50     12.00

Overhead                          28.00       21.00     14.00

                                       $170.00  $124.50  $74.00

Direct labor hours per unit   4              3           2

Total direct labor hours    1,200          1,500     1,200      3,900

Machine hours per unit        4              2           3

Total machine hours        1,200          1,000     1,800      4,000

Number of cases (per year) 300        500      600

Department                                C                    D              Total

Traceable overheads           $16,200            $11,100    $27,300

Product costs (machine hours):

Predetermined overhead rate based on machine hours = $6.825 ($27,200/4,000) per machine hour

                                                J              P            X

Direct materials              $100.00  $ 72.00   $48.00

Direct labor                        42.00       31.50     12.00

Overhead (machine hour) 27.30      13.65     20.48

                                       $169.30    $117.15   $80.48

Product costs (departmental overhead rates):

Departmental overhead rates per hour:

Department C  $4.15 ($16,200/3,900) per labor hour

Department D $2.78 ($11,100/4,000) per machine hour

                                                J              P            X

Direct materials              $100.00  $ 72.00   $48.00

Direct labor                        42.00       31.50     12.00

Overhead                           16.60       12.45       8.34

                                      $158.60   $115.95   $68.34

Suppose Dr. Chu decided to open a donuts shop call Dr. Donuts. Dr. Chu is able to source flours at $2 per pound (making 40 donuts), sugars at $5 per pound (making 100 donuts), and butter at $1 per pound (making 100 donuts) While the donuts are not very tasty, Dr. Chu believes he can sell a lot of them by pricing them at $0.36 per donuts. Assuming his rent is $1800 per month, corporate tax of $100 per month, and draws a salary of $200 a day (use 30 days in a month), how many donuts must Dr. Chu sell in a month to break-even.

Answers

Answer:

31,600 donuts

Explanation:

Break even point is the level of activity where a company makes neither a profit nor a loss.

Break even point (units) = Fixed Costs ÷ Contribution per unit

where,

Contribution per unit = Sales per unit - Variable Costs per unit

Step 1 : Sales per donut

Sales per donut  = $0.36

Step 2 : Variable Cost per Donut

Variable Cost per Donut :

Flours ($2 ÷ 40)        $0.05

Sugars ($5 ÷ 100)     $0.05

Butter ($1 ÷ 100)        $0.01

Total                           $0.11

Step 3 : Fixed cost per month

Rent                               $1,800

corporate tax                   $100

Salary ($200 x 30)       $6,000

Total                              $7,900

therefore,

Break even point = $7,900 ÷ ($0.36 - $0.11)

                             = 31,600 donuts

Conclusion :

Dr. Chu sell 31,600 donuts in a month to break-even.

Consider two perfectly negatively correlated risky securities, A and B. Security A has an expected rate of return of 12% and a standard deviation of return of 17%. B has an expected rate of return of 9% and a standard deviation of return of 14%.

Required:
a. What are the weights of A and B in the global minimum variance portfolio respectively?
b. What is the rate of return on the risk-free portfolio that can be formed with the two securities ?

Answers

Answer:

A) Weight of Security A = 0.45

Weight of Security B = 0.55

B)Risk free rate = 10.35%

Explanation:

We are given;

A) Expected rate of return for Security A; ERR = 12%

Standard deviation of return for Security A; SD = 17%

Expected rate of return for Security B; ERR = 9%

Standard deviation of return for Security B; SD = 14%

Now, formula for weight of Security A is;

Weight of security A = SD of security B ÷ (SD of security B + SD of security A)

Weight of Security A = 14%/(14% + 17%)

Weight of Security A ≈ 0.45

Weight of Security B = 1 - weight of Security A

Weight of Security B = 1 - 0.45

Weight of Security B = 0.55

B) Formula for the risk free rate is;

Risk free rate = (weight of Security A × ERR of security A) + (weight of Security B × ERR of security B)

Risk free rate = (0.45 × 12%) + (0.55 × 9%)

Risk free rate = 10.35%

A purely domestic firm that sources and sells only domestically, Multiple Choice should never hedge since this could actually increase its currency exposure. faces no exchange rate risk and should never hedge since this could actually increase its currency exposure. faces no exchange rate risk. faces exchange rate risk to the extent that it has international competitors in the domestic market.

Answers

Answer:

faces exchange rate risk to the extent that it has international competitors in the domestic market.

Explanation:

Exchange rate risk is defined as the risk that exists when a company engaged in transactions that are denominated in a foreign currency rather than the domestic currency.

So if a purely domestic firm that sources and sells only domestically has international competitors in its local market, and the exchange rate is favouring the competitors there will be a risk for them.

For example if international competitors can source raw materials cheaper because of the exchange rate of a foreign country, it will be a disadvantage to local firms that cannot reduce their prices.

Canoe Company's manufacturing accounting system uses direct labor costs to apply overhead to goods in process and finished goods inventories. Canoe Company's manufacturing costs for the year were: direct labor, $30,000; direct materials, $50,000; and factory overhead applied, $6,000. The plant-wide overhead application rate was:

Answers

Answer:

Estimated manufacturing overhead rate= $0.2 per direct labor dollar

Explanation:

Giving the following information:

Direct labor, $30,000

Factory overhead applied $6,000.

To calculate the predetermined overhead rate, we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

6,000= Estimated manufacturing overhead rate*30,000

6,000 / 30,000 = Estimated manufacturing overhead rate

Estimated manufacturing overhead rate= $0.2 per direct labor dollar

Exercise 8-3 (Algo) Lump-sum purchase of plant assets LO C1 Rodriguez Company pays $389,610 for real estate with land, land improvements, and a building. Land is appraised at $247,500; land improvements are appraised at $55,000; and the building is appraised at $247,500. 1. Allocate the total cost among the three assets. 2. Prepare the journal entry to record the purchase.

Answers

Answer:

1.  Land  $175,324.50

   Land improvements $38,961

   Building  $175,324.50

2. Dr Land   $175,324.50

   Cr Cash   $175,324.50

   Being entries to recognize cost incurred in the purchase of Land

   Dr Land improvements   $38,961

   Cr Cash   $38,961

   Being entries to recognize cost incurred in the purchase of Land improvements

   Dr Building   $175,324.50

   Cr Cash   $175,324.50

   Being entries to recognize cost incurred in the purchase of Building

Explanation:

Using the appraisal method to apportion the cost of an asset to the components of the asset involves the consideration of the appraised cost of each individual item as a portion of the total cost of the asset.

Thus, given that  Rodriguez Company pays $389,610 for real estate with land, land improvements, and a building

Appraised cost of

Land = $247,500

Land improvements = $55,000

Building = $247,500

Total appraised cost of the asset = $247,500 +$55,000 + $247,500

= $550,000

Allocated cost of;

Land = $247,500/$550,000 * $389,610

= $175,324.50

Land improvements = $55,000/$550,000 * $389,610

= $38,961.00

Building = $247,500/$550,000 * $389,610

= $175,324.50

Journal entries

Dr Land   $175,324.50

Cr Cash   $175,324.50

Being entries to recognize cost incurred in the purchase of Land

For journal entries, we debit each of the individual assets account and credit cash to recognize the cost incurred in the purchase of the asset.

At the end of 2019, Wildhorse Co. has accounts receivable of $731,300 and an allowance for doubtful accounts of $65,400. On January 24, 2020, the company learns that its receivable from Megan Gray is not collectible, and management authorizes a write-off of $6,900. On March 4, 2020, Wildhorse Co. receives payment of $6,900 in full from Megan Gray. Prepare the journal entries to record this transaction.

Answers

Answer and Explanation:

The journal entry to record the transaction is shown below:

Accounts receivable $6,900  

       To allowance for doubtful accounts $6,900

(Being reversing the write off is recorded)  

Here account receivable is debited as it increased the assets and credited the allowance as it decreased the assets  

Cash $6,900

           To Accounts receivable $6,900

(Being cash collection from write off account is recorded)

Here the cash is debited as it decreased the assets and credited the account receivable as it decreased the assets

Direct material budget. Inglenook Co. produces wine. The company expects to produce 2,500,000 two-liter bottles of Chablis in 2015. Inglenook purchases empty glass bottles from an outside vendor. Its target ending inventory of such bottles is 80,000; its beginning inventory is 50,000. For simplicity, ignore breakage. Compute the number of bottles to be purchased in 2015.

Answers

Answer:

2,530,000 bottles

Explanation:

Regarding the above information, we will compute the number of bottles to be purchased in 2015 as seen below

Purchase in units = Usage + Desired ending material inventory units - Beginning inventory units

Purchase in units = 2,500,000 + 80,000 - 50,000

Purchase in units = 2,530,000

Therefore, the number of bottles to be purchases in 2015 is 2,530,000

A public good rev: 04_09_2018 Multiple Choice generally results in substantial negative externalities. can never be provided by a nongovernmental organization. costs essentially nothing to produce and is thus provided by the government at a zero price. cannot be provided to one person without making it available to others as well.

Answers

Answer:

cannot be provided to one person without making it available to others as well.

Explanation:

A public good is a good that is non excludable and non rivalrous. It cannot be  provided to one person without making it available to others as well. If one person is using it, it does not stop other people from using it also. An example of a public good is roads.

Public goods contrasts with club goods and private goods

A club good is a type of public good. It is excludable but non-rivalrous. For example paid streaming services are an example of a club good. Those who do not subscribe are excluded from using the service. But all subscribers have equal assess to the service

A private good is a good that is excludable and rivalrous.e.g. a privately owned car

Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Units Work-in-process, April 1 (25% complete) 50,000 Total units in process during April 290,000 Work-in-process, April 30 (60% complete) 30,000 Materials are added at the beginning of the process in the Processing Department. What are the equivalent units of production for the month of April, assuming Madison uses the weighted-average method

Answers

Answer:

Equivalent units of production= 278,000

Explanation:

Giving the following information:

Total units in process during April 290,000

Work-in-process, April 30 (60% complete) 30,000

The weighted average method blends the costs and units of the previous period with the costs and units of the current period.

To calculate the equivalent units, we need to use the following formula:

Units completed in the period + Equivalent units in ending inventory WIP (units*%completion) = Equivalent units of production

Equivalent units of production= (290,000 - 30,000) + 30,000*0.6

Equivalent units of production= 278,000

Cherry Valley Lumber's (CVL) lumber mill produces boards of various sizes and quality specifications for the home construction industry. CVL incurs joint costs in the initial phases of processing raw timber, such as transporting the logs to the mill, removing the bark from the logs, and cutting rough-cut boards. After the split-off point, CVL incurs costs in the Planing Department to finalize the finished boards of various grades and sizes. Which of the following statements regarding the costs at CVL is true?

a. The costs to finish the boards after the split-off point will not be traced directly to the finished boards according to the various grades and sizes produced. The costs for transporting the logs, removing bark, and cutting the rough-cut boards before the split-off point will be traced to the final finished boards.
b. The costs for transporting the logs, removing bark, and cutting the rough-cut boards before the split-off point will not be directly traced to the final finished boards. All costs to finish the boards after the split-off point will be traced directly to the finished boards according to the various grades and sizes produced.
c. It will be impossible for CVL to directly trace any costs to the finished boards of various grades and sizes.
d. CVL will be able to directly trace all costs before and after the split-off point to the finished boards of various grades and sizes.

Answers

Answer:

Cherry Valley Lumber's (CVL)

The statement regarding the costs at CVL that is true is:

b. The costs for transporting the logs, removing bark, and cutting the rough-cut boards before the split-off point will not be directly traced to the final finished boards. All costs to finish the boards after the split-off point will be traced directly to the finished boards according to the various grades and sizes produced.

Explanation:

This is why the costs at split-off are usually apportioned to the different categories of products based on some chosen criteria, e.g. sales value, size, etc.  However, after split-off, costs that are incurred can easily be traced to the various grades and sizes of boards produced.  This simply means that after split-off, costs become traceable and direct to each board category.

If Argentina imposes a 20 percent tax on natural gas exports to be paid by suppliers. Other things equal, this causes the:
Select one:
a. supply of natural gas exports to shift to the right.
b. quantity of natural gas exports produced to increase.
c. demand for natural gas exports to shift to the right.
d. supply of natural gas exports to shift to the left.

Answers

Answer:

supply of natural gas exports to shift to the left.

Select the correct answer. How does insurance protect a policyholder against financial loss? A. by allowing the policyholder to make premium payments B. by allowing the policyholder to make a claim for reimbursement C. by allowing the policyholder to avoid maintenance costs for the insured items D. by allowing the policyholder to pay for all the losses

Answers

Answer:

by allowing the policyholder to make premium payments

Explanation:

Answer:

B. by allowing the policyholder to make a claim for reimbursement

Explanation:

Took the test on plato 100% right

Jim is a manager of a restaurant. He is very concerned with efficiency and goal accomplishment as well as very intent on making employees happy through lots of participation and open-mindedness. Whats the answer?
A. Jim is a high-high style leader.
B. Jim is low in initiating structure and high in consideration.
C. Jim is an impoverished leader.
D. Jim is a compromiser.

Answers

Answer:

A. Jim is a high-high style leader.

Explanation:

As in the given situation it is mentioned that Jim would be very concerned with the efficiency and the accomplishment of the goal so this means he is a high-high style leader as these type of leaders would try to collaborate and cooperate in order to motivate for work in an efficient manner so that the company goals could be achieved

hence, the first option is correct

National Dog Week is a dog food manufacturing factory. Suppose the theoretical capacity for the factory is 25,000 pounds/month. A consultant was brought in to determine their average monthly resource utilization. After extensive analysis, the effective capacity averages 20,000 pounds/month. Therefore, the average safety capacity of the factory is _______ pounds/month.

Answers

Answer:

National Dog Week

herefore, the average safety capacity of the factory is __5,000__ pounds/month.

Explanation:

a) Data and Calculation:

Theoretical capacity for the factory = 25,000

Effective capacity for the factory =     20,000

Safety capacity for the factory =           5,000

b) The safety capacity of National Dog Week describes the factory's capacity that is not being put to use currently but can be called to use when demand requires it.  It is the difference between the factory total usable capacity and the effective currently being used capacity.

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