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2 years ago

13

An instruction to a securities agent to sell a stock when it reaches a specific price is a ________. short sell market order lim

it order stop loss order

1 answer:

mr_godi [17]2 years ago

5 0

An instruction to a securities agent to sell a stock when it reaches a specific price is a stop loss order.

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lee company pays its employees on a graduated commission scale 6% on the first $40,000 sales 7% on sales from $40,001 to $80,000

Elina [12.6K]

Answer: c

Explanation:

Because it makes even more sense.

6 0

2 years ago

Read 2 more answers

Smithson Company uses a job-order costing system and has two manufacturing departments— Molding and Fabrication. The company pro

vazorg [7]

Answer:

Instructions are below.

Explanation:

1)

<u>a) First, we need to calculate the total estimated overhead:</u>

Total overhead= 1,100,000 + (5*50,000)= 1,350,000

<u>Now, we can determine the overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,350,000/50,000

Predetermined manufacturing overhead rate= $27 per machine hour

<u>b) </u>

Job D-75:

Total cost= direct material + direct labor + allocated overhead

Total cost= 700,000 + 360,000 + 27*20,000

Total cost= $1,600,000

Job C-200:

Total cost= 550,000 + 400,000 + 27*30,000

Total cost= $1,760,000

c) Selling price= 150% of manufacturing costs

Job D-75= 1,600,000*1.5= $2,400,000

Job C-200= 1,760,000*1.5= $2,640,000

d) COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 0 + (1,600,000 + 1,760,000) - 0

COGS= $3,360,000

<u>2) </u>

<u>a) </u>

Molding= (800,000/20,000) + 5= $45 per machine hour

Assembly= (300,000/30,000) + 5= $15 per machine hour

<u>b) </u>

Job D-75:

Total cost= 700,000 + 360,000 + 45*20,000

Total cost= $$1,960,000

Job C-200:

Total cost= 550,000 + 400,000 + 15*30,000

Total cost= $1,400,000

<u>c) </u>

Job D-75= 1,960,000*1.5= $2,940,000

Job C-200= 1,400,000*1.5= $2,100,000

<u>d)</u> COGS= 0 + (1,960,000 + 1,400,000) + 0

COGS= $3,360,000

4 0

2 years ago

Nadine Chelesvig has patented her invention. She is offering a potential manufacturer two contracts for the exclusive right to m

Alchen [17]

Answer:

The uniform annual sales volume of the product for Nadine to be indifferent between the contracts is 7,772 units per year.

Explanation:

We have to compare the present-value of both plans to answer this question.

The Plan A has a present value of $30,000 as is an inmediate payment.

The Plan B has both an annual payment and a royalty, for a span of ten years.

The present value for Plan B is:

$PV_b=\sum_{i=1}^{10}(1000+0.50q)/(1+i)^i$

This can be simplified with a annuity factor for 10 years, with i=10%.

$A_{10}=\frac{1-(1+i)^{-10}}{i}= \frac{1-1.1^{-10}}{0.10}\\\\A_{10}=\frac{1-0.386}{0.10}=\frac{0.614}{0.10}=6.14$

Then, the PV can be calculated as:

$PV_b=6.14(1,000+0.50q)\\\\PV_b=6,140+3.07q$

To be indifferent, both present values have to be equal:

$PV_b=PV_a\\\\6,140+3.07q=30,000\\\\q=(30,000-6,140)/3.07=23,860/3.07=7,772$

The uniform annual sales volume of the product for Nadine to be indifferent between the contracts is 7,772 units per year.

6 0

2 years ago

using the smith bbq Report, if hourly wages increased by 10% next week from the current week, and all other costs stay constant

tensa zangetsu [6.8K]

<span>Assuming all other costs remain constant, if hourly wage increased by ten percent next week from the current week, the variance of total payroll will also increase by ten percent. This is derived using the Smith BBQ Restaurant report.</span>

3 0

2 years ago

Read 3 more answers

Wages paid to inspectors, factory accountants, and plant supervisors are classified as __________ __________, while wages paid t

Mademuasel [1]

Answer:

Indirect Labour Cost, Direct Labour Cost

Explanation:

Direct Labour Cost

This is the type of cost incurred or wages paid to workers or employees that directly works on project. For example, laborer, foreman, painters, machine operators, delivery man etc. all belongs to this category. They are wages paid to the category of employees or workers who physically produce products.

Indirect Labour Cost

These are wages paid to those group of workers or employees that perform tasks that do not directly contribute to the production of goods or performance of services. For example, we have accountants, security guards, administrative officers, supervisors, inspectors and so on. It is also known as Overhead cost. They are not involved in the active part of conversion of raw materials into products.

5 0

2 years ago