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9966 [12]
2 years ago
3

Bradbo owned two adjoining restaurants, the Pork Palace and the Chicken Hut. Each restaurant was treated as a profit center for

performance evaluation purposes. Although the restaurants had separate kitchens, they shared a central baking facility. The principal costs of the baking area included materials, supplies, labor, and depreciation and maintenance on the equipment.
Bradbo allocated the monthly costs of the baking facility to the two restaurants based on the number of tables served in each restaurant during the month using dual allocation and equal sharing of fixed costs. In April, the costs were $30,000, of which $16,000 were fixed. The Pork Palace served 4,400 tables, while the Chicken Hut served 3,600 tables.

The amount of joint cost that should have been allocated to the Pork Palace in April is calculated to be:

$8,000

$14,000

$15,700

$18,000
Business
1 answer:
irina1246 [14]2 years ago
8 0

Answer:

$15,700

Explanation:

The computation of the joint cost is shown below:

= Allocated Variable Cost + half of the Fixed cost

where,

The Allocated variable cost would be

Variable cost = Total cost - fixed cost

                     = $30,000 - $16,000

                     = $14,000

Now the variable cost is

= Variable cost × number of tables in Pork Palace ÷ Total number of tables

= $14,000 × 4,400 tables ÷ 8,000 tables

= $7,700

The total number of tables would be

= 4,400 tables + 3,600 tables

= 8,000 table

And, the fixed cost is $8,000 as it was equal sharing

Now put these values to the above formula  

So, the value would equal to

= $7,700 + $8,000

= $15,700

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Akram owns a small farm. He employs 80 workers in the field and has recently hired a manager to help him manage the farm. The in
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Question Completion:

Requirement. Identity two types of short-term finance Akram could use when the farm income is low

Answer:

Akram's Farm

Akram's farm can make good use of the following short-term financing sources:

1. Akram's farm can use Accounts Payable to provide short-term trade finance when the farm buys farm inputs, equipment, and other supplies on credit.  The farm's Accounts Payable can provide interest-free trade loans by allowing the farm to take longer time to settle the suppliers.  But, the farm should not miss out on cash discounts - an important source of trade finance.

2. Akram's farm can generate finances by ensuring early collections of the  Accounts Receivable.  Akram's farm can also go ahead and borrow on the accounts receivable through short-term bank loans guaranteed on the accounts.  The farm can also factor the accounts receivable by selling them to factoring and finance houses for less.

Explanation:

Akram's farm is still a small farm that is not yet formed as a company.  The immediate concentration is growing the entity and starting the processes for changing its corporate status so that it can take advantage of the sources of finance available to companies.

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I’m pretty sure the answer is the 3rd one
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Kendra believes the u.s. government to be corrupt, and thinks that there should be no governing force to control people's lives.
Rainbow [258]
The answer is anarchy.
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Thinking back to the "Going on a Business Trip to China" case study below, does Judith demonstrate cultural intelligence? Yes or
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Answer:

Consider the following explanation

Explanation:

I imagine that the social cultural measurement that can clarify this circumstance and how it played out is decisiveness. I imagine that emphaticness was utilized and can help this clarification since confidence is characterized as "managing the level of encounter and straightforwardness that is fitting and beneficial."

Now to China and Bo Chen, this could have come as being commonplace since they have a low-decisiveness culture contrasted with different nations. At the point when Judith calls him "Bo" rather than "Mr. Chen" it can be clarified as an indication of ease and put stock in originating from Judith. Individuals and societies with low confidence frequently utilize delicate and lovely dialect and stress correspondence and utilize agreeable dialect, for example, they did here.

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2 years ago
Finding operating and free cash flows Consider the following balance sheets and selected data from the income statement of Keith
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Answer:

a. NOPAT = EBIT * (1-t)

NOPAT = $2,700 * (1-0.40)

NOPAT = $1,620

b. OCF = NOPAT + Depreciation

OCF = $1,620 + $1,600

OCF = $3,220

c. FCF = Net fixed asset investment - Net current asset investment

FCF = $3,320 - $1,400 -  $1,400

FCF = $420

Note:

Net fixed asset investment = Change in net fixed assets + depreciation

= ($14,800- $ 15,000) + $1,600

= $1,400

Net current asset investment = Change in current assets - Change in accounts payable and accurals

= ($8,200 - $6,800) - {($1,600 + $200) - ($1,500 - $300)}

= $1,400

d. FCF is meaningful as it shows that OCF is able to cover Operating expenses as well as Investment in Fixed and Current Assets

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