Which of the following is not public sector undertakings?

Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.

andriy [413]

Answer:

Effect on income= $-117,500

Explanation:

Giving the following information:

Kawai Corporation, which makes and sells 85,000 radios annually, currently purchases the radio speakers it uses for $8.00 each.

Kawai estimates that the cost of materials and labor needed to make speakers would be a total of $6.50 for each speaker. Also, supervisory salaries, rent, and other manufacturing costs would be $170,000. Allocated facility-level costs would be $75,000.

Buy= 85000*8= $680,000

In house:

Production costs= 6.5*85,000 + 75,000= 627,500

Other fixed costs= 170,000

Total cost= $797,500

Effect on income= 680,000 - 797,500= $-117,500

3 0

1 year ago

Tom and his managers are discussing the unemployment, inflation, and interest-rate trends that might affect their chain of coffe

Leokris [45]

Answer:

The correct answer is "The managers are studying the economic forces"

Explanation:

The economic factors are forces that contributes or affect business competitiveness.

Some of the economic factors are: inflation, interest rate, unemployment, fiscal policies, government changes...

6 0

1 year ago

Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and fa

yaroslaw [1]

Answer:

You are missing the requirements. I looked them up and found the following:

Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Standard Costs Actual Costs

Direct materials 185,000 lbs. at $6.00 183,200 lbs. at $5.80

Direct labor 18,500 hrs. at $16.50 18,930 hrs. at $16.90

Factory overhead Rates per direct labor hr., based on 100% of normal capacity of 19,310 direct labor hrs.:

Variable cost, $3.10 $56,780

variable cost Fixed cost, $4.90 $94,619 fixed cost

Each unit requires 0.25 hours of direct labor

direct materials price variance = AQ x (AP - SP) = 183,200 x ($5.80 - $6) = -$36,640 favorable variance

direct materials quantity variance = SP x (AQ - SQ) = $6 x (183,200 - 185,000) = -$10,800 favorable variance

total direct materials cost variance = (AQ X AP) - (SQ X SP) = (183,200 X $5.80) - (185,000 X $6) = $1,062,560 - $1,110,000 = -$47,440 favorable variance

or

total direct materials cost variance = direct materials price variance + direct materials quantity variance = -$36,640 - $10,800 = -$47,440 favorable variance

4 0

2 years ago

The Walden Manufacturing Corp. has office support salaries of $4,000, factory supplies of $1,000, indirect labor of $6,000, dire

Sedbober [7]

Answer: Total Period Cost = $20,500

Explanation:

Given :

Salary = $4000

Factory supply = $1000

Indirect labor = $6000

Direct material = $16000

Advertising expense = $2500

Office expense = $14000

Direct labor = $20000

Period costs are the costs incurring that do not tend to be a section of manufacturing process. Therefore, we compute the Period Cost using the following formula:

Period costs = Salary + Advertising expense + Office expense

= $4,000 + $2,500 + $14,000

= $20,500

7 0

2 years ago

Suppose that the central bank must follow a rule that requires it to increase the money supply when the price level falls and de

Ann [662]

Answer:

A). Decrease the money supply so interest rates rise.

Explanation:

This could be explained simply because change in money supply results in changes in price levels and/or a change in supply of goods and services. An increase in money supply results in a decrease in the value of money because an increase in money supply causes a rise in inflation. As inflation rises, the purchasing power, or the value of money, decreases.

A change in interest rates is one way to make that correspondence happen. A fall in interest rates increases the amount of money people wish to hold, while a rise in interest rates decreases that amount. A change in prices is another way to make the money supply equal the amount demanded.

6 0

1 year ago

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