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1 year ago

For each of the following costs, identify the cost behavior as variable, mixed, or fixed:

Business

1 answer:

finlep [7]1 year ago

7 0

Answer:

1. Wages of assembly line workers _____Variable ____________

2. President's salary ______Fixed___________

3. Plant utilities _______Mixed__________

4. Sales force commissions _____Variable____________

5. Shipping costs ______Variable___________

6. Factory rent ________Fixed_________

7. Research and development expenses _____* Fixed____________

8. Property taxes _______Fixed__________

9. Advertising _______Fixed__________

10. Supplies used in production _____Variable____________

* If you consider output as number of units sold the R&D is a fixed cost.

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Evaluate the current China/Taiwan logistics costs. Assume a current total volume of 190,000 CBM and that 89 percent is shipped d

RSB [31]

Answer:

The total cost involved in shipping the containers to country U.S is $2,594,930

Explanation:

Consider the following information regarding Company WWG:

Total Current volume (CBM) = 190,000

Direct shipping percentage = 0.89

Direct ship Volume (CBM) = 169,100

Consolidation center volume = 190,000 - 169,100 = 20,900

Calculate the shipping cost of the company as shown below:

Shipping Cost calculations

Direct ship by Container type (in Feet) 20 40

Volume (%) 0.21 0.79

Volume (CBM) 169,100*0.21 169,100*0.79

= 35,511 =133,589

Container capacity used 85% 85%

Container center by container type

Volume (%) = 100

Volume (CBM) = 20,900

Container capacity used = 96%

Container capacity (CBM) (34)

Container shipped = 35,511/ (34*0.85) =1,229

Shipping Cost per container = $480

Shipping Cost by container size ($) = 1,229*480 4589,920

Container capacity (CBM) (67)

Container shipped = 133,589/ (0.85*67) + 20,900/ (0.96*67) = 2,671

Shipping Cost per container = $600

Shipping Cost by container size ($) = 2,671*600 = $1,602,600

Calculate the total shipping cost as shown below:

Total shipping cost = $589,920+$1,602,600 = $2,192,520

Calculate the consolidation center operating cost as shown below:

Number of centers = 4

Annual fixed cost per center = $75,000

Total annual fixed cost = $75,000*4 =$300,000

Variable cost per CBM = $4.9

Total annual variable cost = 20,900*$4.9 = $102,410

Total annual consolidation center costs = $300,000+$102,410= $402,410

Calculate the total cost involved in shipping containers to the Country U as shown below:

Total Cost = Total Shipping Cost + Total Annual Consolidation center Cost

= $2,192,520 + $402,410

= $2,594,930

Hence, the total cost involved in shipping the containers to country U.S is $2,594,930.

4 0

1 year ago

Theo wants to have $40,000 for a down payment on a house five years from now. He can either deposit one lump sum today or he can

juin [17]

Answer:

$1932.37

Explanation:

To find out how much additional money he must deposit if he waits for 1 year rather than making a deposit today we need to find the difference:

Difference = Value after 1 year - Present value

We first convert the interest rate percentage by dividing interest rate value by 100

Present Value = $40 000 / (1 + 0.035)5 = $7729.47

Value after 1 year = $40 000 / (1 + 0.035)4 = $9661.81

Difference = $9661.81 - $7729.47 = $1932.37

4 0

1 year ago

Godina Products, Inc., has a Receiver Division that manufactures and sells a number of products, including a standard receiver t

oee [108]

Answer:

No, there would be no existence of a transfer price that would make both the Receiver and Industrial Products Division financially better off than if the Industrial Products Division were to continue buying its receivers from the outside supplier

Explanation:

Assuming that the receiver division is selling all of the receivers it can produce to outside customers, there will be no existence of a transfer price that would make both the receiver and industrial products division financially better off than if the industrial products division were to continue buying its receivers from the outside supplier.

Reason being that the minimum transfer price that the selling division should be willing to accept surpasses the maximum transfer price that the buying division should be willing to accept.

4 0

2 years ago

Joanna is deciding between consuming Good X and Good Y. At her current level of consumption, her marginal utility per dollar for

ikadub [295]

Answer:

D) consume more of Good X or less of Good Y until the marginal utility per dollar for Good X and Good Y is equal.

Explanation:

Since Joanna's marginal utility per dollar is higher for good X than per good Y, then she must consume a combination of both goods until their marginal utility per dollar is equal.

Since marginal utility is diminishing, if she reduces her consumption of good Y, maybe it will increase and match X's. Or she can choose to consume more X until its marginal utility diminishes and matches Y's.

3 0

2 years ago

Narrative 1: Freshplace Grocery At Freshplace Grocery, customers give their purchases to a sales clerk along with cash. The sale

lions [1.4K]

Answer:

See the attaches file for the DFD

Explanation:

A data flow diagram (DFD) is a graphical representation of the flow of information through a system or an organisation. An information can well be represented using a data flow diagram.

See the attached file for the DFD

7 0

1 year ago