Answer:
May sales collection
May cash sales 107,250
April account sales <u> 491,400 </u>
Total sales collection 598,650
Explanation:
On May we will collect the cash sales for May
And the sales on account for April, we need to calcualte and add these two values.
Sales for May
3,900 x 275 = 1,072,500
<em>Cash Sales for May </em>
<em>10% of may sales: 107,250</em>
<em />
Sales from April
2,100 x 260 = 546,000
<em>Credit sales for April </em>
<em>546,000 x 90% = 491,400</em>
Answer:
Maxwell world consider choice equal to $310000
Explanation:
given data
accept a salary = $60,000
salary = $25,000
bonus = 20% of net income
to find out
amount of income would be necessary so that Maxwell would consider
solution
we get here income by bonus that is express as
bonus = 2 ( income - bonus - salary ) ..............1
3500 = 2 ( income - ( 0.2 × 35000 ) - ( 0.2 × (75000 + 35000) )
solve it we get
income = $310000
so Maxwell world consider choice equal to $310000
Answer:
1)They would prefer to make shorts as contribution margin per unit is higher for shorts
Explanation:
Step 1. Given information.
- Sales price shirts is $24
- Variable costs shirts is $10
- Variable costs shorts $17
Step 2. Formulas needed to solve the exercise
Contribution margin = sales price - variable cost
Step 3. Calculation.
Contribution margin shirts = 24 - 10 = 14
Contribution margin shorts = 32 - 17 = 15
Step 4. Solution.
<h2>
Contribution margin shorts > Contribution margin shirts</h2>
Answer:
Direct labor hour per unit= 0.87 hours
Explanation:
Giving the following information:
A particular product requires 0.71 direct labor-hours per unit.
The allowance for breaks and personal needs is 0.04 direct labor-hours per unit. The allowance for cleanup, machine downtime, and rejects is 0.12 direct labor-hours per unit.
<u>The total direct labor hour per unit is the time required to produce one unit.</u>
Direct labor hour per unit= 0.71 + 0.04 + 0.12
Direct labor hour per unit= 0.87 hours
<span>Kathy’s
role in the group discussion is what we called Discussion leaders. Discussion
leaders have a very important role during discussion. She must inform the group
of what to expect in the discussion and give the members time to contribute
ideas in the discussion. </span>