Match the elements of the buying equation theory with their definitions.

Companies that manufacture products with a very ______ product life cycle have ______ as their core competency.

Citrus2011 [14]

Answer:

short, innovation

Explanation:

Manufacturing of short product cycle have the innovation requires for competency compare to those companies that manufacture on long product cycle.

It should be noted that Companies that manufacture products with a very short product life cycle have innovation as their core competency.

4 0

1 year ago

Kasten, Inc budgeted 10,000 widgets for production during 2013. Kasten has capacity to produce 12,000 units. Fied factory overhe

Vlada [557]

Answer:

Check the following calculations

Explanation:

1. Received an order for 1,000 units

Cost per unit = $46

now

Incremental revenue per widget = $43

Incremental cost per widget: =( Direct material + Direct Labor + Vairable manufacturing overhead) =

$7 + ($15 × 2) + $4 = 41

Incremental profit per unit = 43 - 41 = $2

Total incremental profit = $2 × 1,000 = $2,000

Kasten can make an extra $2,000

2. Cost to buy per widget = $39

Cost to make per widget: = ( Direct material + Direct Labor + Vairable manufacturing overhead) =

$7 + ($15 × 2) + $4 = 41

Incremental savings per widget if purchased =41 - 39 = $2

Total incremental savings if purchased = $2 × 10,000 = $20,000

Thus we can say Kasten will save $20,000 if it buys instead of makes

5 0

2 years ago

You are the payables accountant for a medium sized electrical contracting company. You are paying bills with purchase discounts

son4ous [18]

Answer:

Memo

To: The Finance Manager

From: The Payables Accountant

Subject: Bank Loan to Pay Suppliers

Date: October 5, 2020

The above subject on our previous discussion refers.

This memo clarifies the advantage of borrowing from our bank the sum of $100,000 in order to offset the account of our supplier who has offered us the trade terms of 2/10, n/30.

Recall that the bank loan's interest rate is 6% per annum. If we borrow within the month and repay 30 days after, the interest cost will be $500 ($100,000 * 6%/12).

You can compare this to the discount we shall receive from the supplier totaling $2,000 ($100,000 * 2%). We can even extend the bank loan to 2 months, thereby paying a total interest cost of $1,000 ($500 * 2).

The implication is that we shall be making some gains by taking advantage of the cash discount. May you approve the loan based on this clarifications.

Regards,

Tony Ohagwam

Explanation:

This memorandum attempts to justify the request for a bank loan in order to settle the bill of one of our company's suppliers. It demonstrates the huge financial benefits that are implicit in accepting cash discounts from suppliers.

4 0

2 years ago

The company's total assets are $40,000. The following is a listing of the company’s accounts and account balances as of December

galina1969 [7]

Answer:

Determine the balance of the Cash account.

$3,800 Cash

Explanation:

As the total assets it's $40,000 by difference it's possible to find the total balance of cash account.

There are 3 accounts which belongs to the asset part, Accounts Receivable, Supplies and Equipment, by difference with the total balance of Assets it's possible to find the balance of Cash.

$40,000 TOTAL ASSETS

Minus

-$8,000 Accounts Receivable

-$2,000 Supplies

-$26,200 Equipment

$3,800 Cash

December 31, Year 3

$3,800 Cash

$8,000 Accounts Receivable

$2,000 Supplies

$13,800 TOTAL CURRENT ASSETS

$26,200 Equipment

$26,200 TOTAL NONCURRENT ASSETS

$40,000 TOTAL ASSETS

$8,000 Accounts Payable

$0,000 Income Tax Payable

$8,000 TOTAL CURRENT LIABILITIES

$8,000 TOTAL LIABILITIES

$17,000 Retained Earnings

$15,000 Common Stock

$32,000 TOTAL EQUITY

$40,000 TOTAL EQUITY + LIABILITIES

7 0

2 years ago

Joy is a supervisor over Elias. She repeatedly solicits sexual behavior from Elias and does other inappropriate actions that a r

SVEN [57.7K]

Answer: C) guilty of hostile work environment sexual harassment.

Explanation: A hostile work environment is a work environment where one or more persons act in such a way to offend or provoke anger in other persons. The activities of Joy towards Elias is hostile as it is against the will of Elias.

Sexual harassment is a term used to describe any action taken to solicit for sex,sexual behaviour or touch the private parts of others in embarrassing manner. THE ACTIVITIES OF JOY MAKING HER TO SOLICIT SEXUAL BEHAVIOUR FROM ELIAS IS A SEXUAL HARASSMENT AND WHEN PROVEN IN THE COURTS SHE SHALL BE FOUND GUILTY.

3 0

1 year ago