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2 years ago

Which demand did the aim members insist the fbi negotiator grant immediately?

1 answer:

6 0

First we have to identify first what AIM means. AIM means American Indian Movement. This group is an advocacy group in the United States. This was formed to address the sovereignty of the American Indian. Just like the other organization, AIM also used the media to voice out their opinion and messages to the public.

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Zan Azlett and Angela Zesiger have joined forces to start A&Z Lettuce Products, a processor of packaged shredded lettuce f

krek1111 [17]

Answer:

a. The break-even quantity in units for manual process= 26,786 bags

b. $80,358

c. 36,000 bags

d. $108,000

e. $53,000

f. $58,000

g. 26,786 bags

h. mechanized process, manual process.

Explanation:

a. Using the formula

Fixed Costs ÷ (Revenue per Unit – Variable Cost per Unit)

= $ 37, 500÷$3- $ 1.60

=26,786

b. Using the formula

Break-Even Point (sales dollars) = Fixed Costs ÷ Contribution Margin

where Contribution Margin = Price of Product – Variable Costs

=37, 500÷($3- $ 1.60)

=26,786 x $3= $80,358

c. Using the formula

Fixed Costs ÷ (Revenue per Unit – Variable Cost per Unit)

= $ 72,000÷$3- $1

=36,000 bags

d. Using the formula

Fixed Costs ÷ Contribution Margin

where Contribution Margin = Price of Product – Variable Costs

= $ 72,000÷($3- $1)

=36,000 bags x $3= $108,000

e. 65,000 bags x $3-$1.60= $91,000-$37,500 (manual process fixed cost)

= $53,000

f. 65,000 bags x $3-$1= $130,000-$72,000 (manual process fixed cost)

= $58,000

h. The mechanized process option should be chosen as this would bring more returns if the demand exceeds the point of indifference and the manual process if the demand stays below the point of indifference.

8 0

2 years ago

On January 1, 2020, the Oriole Company had $2,990,000 of $10 par value common stock outstanding that was issued at par and Retai

amm1812

Answer:

Oriole Company

Journal Entries:

July 1:

Debit Cash Account $2,336,000

Credit Common Stock $1,460,000

Credit Paid-in In Excess of Common Stock $876,000

To record the issuance of 146,000 shares of common stock, par $10 at $16 per share.

December 15:

Debit Retained Earnings $445,000

Stock Dividends Payable $445,000

To record the declaration of a 10% stock dividend.

Explanation:

a) Stockholders of record on December 31, 2020:

Number of shares in issue at beginning 299,000

Number of shares issued on July 1 146,000

Total 445,000

10% of 445,000 = 44,500 shares

b) Stock Dividends declared on December 15 will result to the issuance of 44,500 shares to stockholders. To finance this stock dividend, the Retained Earnings account is debited while the Stock Dividends Payable is credited. When the shares are issued on January 15, the Stock Dividends Payable (Distributable) will be debited and the Common Stock credited with the par value. The market price of $17 does not affect the company's records.

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2 years ago

Over the years, Zebra Productions has been slow making payments to its bank. Now it is in need of financing. Based on past exper

NISA [10]

Answer:

D) prime rate plus 4 percent

Explanation:

Zebra Productions will now be qualified as a sub-prime customer as it has been slow making payments to its bank. This has made its credit rating and quality lower. The lower credit rated customers are charged sub-prime lending rates which is charging interest rates higher than the prime lending rate ( lower interest rate for good credit rating customers). This is due to the fact that the bank is taking higher risk on the borrower's account and thereby should get higher return for taking higher risk.

Thus, option no. D) prime rate plus 4 percent would be charged to Zebra Productions.

3 0

2 years ago

Accompanying a bank statement for Marsh Land Properties is a credit memo for payment on a $15,000 one-year note receivable and $

SVETLANKA909090 [29]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr 15,900

To Notes Receivable A/c $15,000

To Interest Revenue A/c $900

(Being cash is collected with respect of notes receivable and interest revenue)

For recording this transaction, we debited the cash account and credited the notes receivable and interest revenue account

4 0

2 years ago

A car dealer who sells only late-model luxury cars recently hired a new salesman and believes that this salesman is selling at l

Natasha2012 [34]

Answer:

$t=\frac{5000-5600}{\frac{800}{\sqrt{16}}}=-3$

Explanation:

Data given and notation

$\bar X=5000$ represent the sample mean

$s=800$ represent the standard deviation for the sample

$n=16$ sample size

$\mu_o =5600$ represent the value that we want to test

$\alpha$ represent the significance level for the hypothesis test.

t would represent the statistic (variable of interest)

$p_v$ represent the p value for the test (variable of interest)

State the null and alternative hypotheses.

We need to conduct a hypothesis in order to determine if the mean is lower than 5600, the system of hypothesis would be:

Null hypothesis: $\mu \geq 5600$

Alternative hypothesis: $\mu < 5600$

We don't know the population deviation, so for this case is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:

$t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}$ (1)

t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".

Calculate the statistic

We can replace in formula (1) the info given like this:

$t=\frac{5000-5600}{\frac{800}{\sqrt{16}}}=-3$

4 0

2 years ago