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2 years ago

The value and cost of goods are easiest to determine when the goods are

1 answer:

3 0

The value and cost of goods are easiest to determine when the goods are private goods.

And the best answer is D.

It will help you.

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Mission Foods produces two flavors of tacos, chicken, and fish, with the following characteristics:

postnew [5]

Answer:

1. $858,000

2. Chicken = 24,000 units and Fish = 36,000 units

Explanation:

The computation is shown below:

1. The anticipated level of profits for the expected sales volumes is

= Expected sales of chicken × (Selling price per taco - Variable cost per taco) + Expected sales of fish × (Selling price per taco - Variable cost per taco) - total fixed cost

= 200,000 × ($3 - $1.50) + 300,000 × ($4.50 - $2.25) - $117,000

= $300,000 + $675,000 - $117,000

= $858,000

2. The break even volume is

Let we assume the sale units be X

So, total units sold for chicken = 40X

And, for the fish it is = 60X

Sale units of chicken × (Selling price per taco - Variable cost per taco) + Sale units of chicken × (Selling price per taco - Variable cost per taco) = Total Fixed cost

0.40X × (3 – 1.50) + 0.60X × (4.50 – 2.25) = $117,000

0.60X + 1.35X = $117,000

1.95X = $117,000

So, the X is 60,000 units

So for chicken it is 60,000 × 40% = 24,000 units

And for fish it is 60,000 × 60% = 36,000 units

7 0

2 years ago

Tektron Industries has Beginning and Ending Raw Materials Inventories of $32,000 and $40,000, respectively. Direct Materials use

ch4aika [34]

Answer:

$138,000

Explanation:

The computation of the cost of Raw Materials Purchased is shown below:

= Direct materials used + ending direct material inventory - beginning direct material inventory

= $130,000 + $40,000 - $32,000

= $138,000

Simply we added the ending direct material inventory and deduct the beginning direct material inventory to the direct material used so that the accurate amount can come

5 0

2 years ago

Brian declares bankruptcy. What benefits can he obtain by declaring bankruptcy? Brian declares bankruptcy, which triggers a(n) _

Varvara68 [4.7K]

Declaring a bankruptcy will trigger automatic stay. This is a condition in which all lawsuit will be stopped as well as the collection activity against the debtor. This blocks the creditors from reacquiring all the items such as cars, etc. It also blocks creditors from suing you and sending you letters asking for payments.

3 0

2 years ago

Read 2 more answers

A money management firm, which specializes in debt reduction, is interested in the average amount of debt for a married couple.

nirvana33 [79]

Incomplete question. However, this are the options to select from

I. test statistic

II. p-value

III. critical value

IV. null hypothesis

Answer:

Explanation:

Remember, the region of rejection in statistical analysis simply implies what is that numerical range to which the observed results if different from assumed results would lead to the hypothesis should be discarded.

This hypothesis is called the Null hypothesis, it forms the rejection region of any statistical analysis.

7 0

1 year ago

Read 2 more answers

Fois Company has two divisions, Division X and Division Y. Division X has a production capacity of 5,000 units of a particular p

kogti [31]

Answer:

Lost contribution per unit = $56 per unit

Explanation:

The Division X is operating at less than full capacity, hence it has excess capacity of 600 units i.e (5000- 4,400)

This implies that it can only produce to meet the external and a portion of Division Y demand

Since Division X can only accommodate a portion of the internal demand, an opportunity would arise if it decides to meet all the request of Division Y.

Therefore, the minimum transfer price

minimum transfer price= Variable cost + a lost contribution from internal supply

The lost contribution represent the amount Division X would have made had sold the units to external buyers

Lost contribution per unit = $56 per unit

8 0

2 years ago