A new product, an automated crepe maker, is being introduced at Miyake Corporation. At a selling price of $52 per unit, management projects sales of 38,000 units. Launching the crepe maker as a new product would require an investment of $228,000. The desired return on investment is 20%. The target cost per crepe maker is closest to:___________.
Noreen rechecks 2017-04-04
a) $66.61
b) $62.63
c) $54.20
d) $50.80

Answers

Answer 1

Answer:

d) $50.80

Explanation:

The computation of the target cost per crepe maker is as follows:

But before that

Return per unit is

= ($228,000 × 20%) ÷ 38,000  units

= $1.20

Now  

The target cost per crepe maker is

= $52 - $1.20

= $50.80

hence, the target cost per crepe maker is $50.80

Therefore the correct option is d.

And all the other options are incorrect


Related Questions

1. What is the eventual effect on real GDP if the government increases its purchases of goods and services by $60,000?
2. What is the eventual effect on real GDP if the government, instead of changing its spending, increases transfers by $60,000? Assume the MPC has not changed.
3. An increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in:___.
a. a smaller eventual effect on real GDP.
b. no change to real GDP.
c. a larger eventual effect on real GDP.
d. an identical eventual effect on real GDP.

Answers

Answer:

Missing word in 1. "Assume the marginal propensity to consume (MPC) is 0.75."

1. Using the ffg formula to calculate the effect of real GDP

Real GDP = [1/1-MPC]*Government purchase

= [1 / 1 - 0.75]*60,000

= (1/0.25)*60,000

= 4*60,000

= $240,000

Thus, the total change in real GDP is $240,000, it means the real GDP increases by $240,000

2. Real GDP = (MPC/1-MPC)*Government spending

= 0.75/1-0.75*60,000

= 0.75/0.25 * 60,000

= $180,000

Thus, the total change in real GDP is $180,000, it means the real GDP increases by $180,000

3. Thus, from the calculation, it is clear than an increase in government transfers or taxes as opposed to an increase in government purchases of goods and services will result in a smaller eventually effect on real GDP.

Superfine Company collected the following data in preparing its cash flow statement for the year ended December 31, 2017: Amortization of bond discount $ 1,000 Dividends declared 22,500 Dividends paid 19,000 Gain on sale of equipment 3,000 Proceeds from the sale of equipment 5,000 Proceeds from the sale of treasury stock (carrying amount $32,500) 37,500 Purchase of BAS Inc. bonds (par value $100,000) 90,000 Required: Determine the following amounts that should be reported in Superfine’s 2017 statement of cash flows. What amount should Superfine report as net cash used in investing activities? What amount should Superfine report as net cash provided by financing activities?

Answers

Answer: a. ($85,000) ; b. $18500

Explanation:

a. What amount should Superfine report as net cash used in investing activities?

Sale of equipment = $5,000

Less: Purchase of bond = ($90,000)

Net cash used in investing activities = ($85,000)

b. What amount should Superfine report as net cash provided by financing activities?

Proceeds from treasury sold = $37500

Less: Dividend paid = ($19,000)

Net cash provided by financing activities will be: = $18500

Allowance for Doubtful Accounts has a debit balance of $900 at the end of the year (before adjustment), and bad debt expense is estimated at 1% of credit sales. If credit sales are $950,000, the amount of the adjusting entry to record the estimate of the uncollectible accounts
a. is $10,400
b. is $9,500
c. is $900
d. is $8,600

Answers

Answer:

a. is $10,400

Explanation:

The adjusting entry is as follows:

bad debt expense Dr ($950,000 × 1% + $900) $10,400

       To Allowance for doubtful debts $10,400

(Being bad debt expense is recorded)

here the bad debt expense is debited as it increased the assets and credited the allowance for doubtful debt is credited as it decreased the assets

Therefore the correct option is a.

A machine that cost $86,400 and on which $63,600 of depreciation had been recorded was disposed of for $24,480. Indicate whether a gain or loss should be recorded, and for what amount.
Amount of Loss/Gain

Answers

Answer:

the gain on disposal of machine is $1,680

Explanation:

The computation of the amount of loss or gain is as follows:

Cost of Assets is $86,400

Less: Accumulated Depreciation ($63,600)

Book Value of Assts $22,800

Now the sale value of the asset is $24,480

So there is a gain of

= $24,480  - $22,800

= $1,680

hence, the gain on disposal of machine is $1,680

The stable and predictable base of deposited funds that are not highly sensitive to movements in market interest rates but tend to remain with the bank are called:

Answers

Answer:

Core deposits.

Explanation:

The stable and predictable base of deposited funds that are not highly sensitive to movements in market interest rates but tend to remain with the bank are called core deposits.

Basically, this type of deposit gives rise to a stable source of money (funds) used for lending by financial institutions such as banks to its customers. Core deposits include all active accounts by customers, certificate of deposits, money market deposits, time deposits, demand deposits, etc.

The main purpose of the core deposits is to ensure there are predictable costs and it can be used to measure a customer's loyalty.

The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day. The average lead time to get a shipment of flour is 9 days with a standard deviation of 2 days. The owner of the bakery wants to maintain a service level of 95%.

z-value Probability
1.63 .9485
1.64 .9500
1.65 .9505
1.66 .9515
1.67 .9615
Which one of the following is true about the reorder point for flour?

Answers

Answer:

The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day is explained below in detail.

Explanation:

In my practice, it doesn't save capital, but it's still deserving it because it's wholesome and better than reserve purchased at the same amount.

For me, 1kg of all-purpose powder yields 1.6kg of bread (as two cubes). Each 13x4x4" (Pullman) loaf measures about 800 grams after freezing and yields between 22-30 slices related to its width. The value per loaf is under $1.00 and incorporates all components, charge, and electricity for mixing, baking, slicing.

I've created a few hundred loaves based on modifications of this formula:

                     %  grams   cost  calories sodium protein fat sugar

all-purpose powder    100  500   0.417  1833   0      50    17      0

   instant yeast    0.8    4   0.067    16   0       0     0      3

 non-fat dry milk      4   20   0.203    70   0       7    10    109

sugar      4   20   0.019    75   0       0    20      0

      canola oil     10   50   0.072   429  50       0     0

            salt      2   10   0.006     0   0       0     0   3933

           water     56  280   0.000     0   0       0     0      0

     dough total  176.8  884  $0.783  2422  50      57    47   4045

Swift Co. produces footballs. It incurred the following costs this year:
Direct materials $35,000
Direct labor 31,000
Fixed manufacturing overhead 22,000
Variable manufacturing overhead 38,000
Fixed selling and administrative expenses 23,000
Variable selling and administrative expenses 14,000
What are the total product costs for the company under variable costing?
Total product costs under variable costing $ _

Answers

Answer:

Total variable cost= $104,000

Explanation:

Giving the following information:

Direct materials $35,000

Direct labor 31,000

Variable manufacturing overhead 38,000

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

Total variable cost= 35,000 + 31,000 + 38,000

Total variable cost= $104,000

The Office Supplies account is Select one: a. an asset, and it has a normal credit balance. b. a revenue, and it has a normal credit balance. c. an expense, and it has a normal credit balance. d. an asset, and it has a normal debit balance. e. a revenue, and it has a normal debit balance.

Answers

Answer:

C)

Explanation:

Which of the following colors is highly variable and can be either cool or slightly warm, depending on how it is used?

Answers

Explanation:

Dark blue with dark red

Record the journal entry

Received October's rental bill of $1,300; set it aside.

Answers

Answer:

Note: The full question is attached below

S/No  Accounts titles and Explanation     Debit ($)   Credit ($)

A.       Accounts receivable                            5,200

                    Service revenue                                           5,200

          (To record the service revenue)  

B.         Cash                                                     3,100  

                    Service revenue                                             3,100

          (To record the service revenue)  

C.         Cash                                                      1,500

                    Unearned service revenue                           1,500

           (To record the advance received for the services to be provided)

D.         Cash                                                     4,600  

                    Accounts receivable                                       4,600

            (To record the collection of amount)  

E.          Rent payable                                        1,100

                     Cash                                                                 1,100

            (To record the payment of bill)  

F.           Rent expense                                        1,200

                    Rent payable                                                    1,200

             (To record the accrual of rent expense)

ways to improve productivity in the workplace

Answers

You need motivation..

It is important that budgets be accepted by:____
a. division managers only.
b. department heads only.
c. supervisors only.
d. all of these answers are correct.

Answers

Answer:

d. All of these answers are correct.

Explanation:

Budget can be regarded as the overall

estimation of revenue as well as expenses of an organization, government, individuals, or those that make and spend out money, within a particular period of time. Whereby there would be need for compilation and re-evaluation on periodic base. When making a budget It should be noted, It is important that budgets be accepted by

✓division managers only.

✓department heads only.

✓supervisors only.

Can a business succeed without having ALL four of the Factors of Production (Land, Capital, Labor and Entrepreneurs)? Why or why not?
PLS HELP ILL MAKE U BRAINLIEST

Answers

The answer is Yes.
A business can run properly and the problems are solved considering only labor and capital and sometimes land in the production process.

mr kleaners acquired new industrial washing mavhine,the list price price of which was 52000.the supplier allowedva tade discount of 4000 off the list price.on delivery the cost of installing the machine in its desire location was 950
what is the cost if machine to be capitalised in the machinery account​

Answers

Answer:

I think its $48,950.

Explanation:

you subtract 4,000 from 52,000 which is 52,000 - 4,000 = 48,000.

then you will add that extra $950 getting you a total of $48,950.

if I'm wrong I'm sorry I'm not that good at math.

what are the three ways in which a government can intervene in a market​

Answers

Answer:

there

Explanation:

regulation, taxation, and subsidies.

Answer:

Explanation:

regulation, taxation, and subsidies.

Examine the quarterly sales data in a little different way. Contruct two pie charts, one for sales in 2012 and the other for sales in 2013. Does it appear that sales are becoming more seasonal or less seasonal?
Revenues
Quarter 2011 2012 2013
$ 767 $ 10,613 $ 30,342
$ 2,174 $ 6,424 $ 33,867
$ 9,687 $ 19,283 $ 34,246
$ 8,999 $ 33,019 $ 43,783
Totals $ 21,626 $ 69,338 $142,238

Answers

Answer:

sales are becoming less seasonal

Explanation:

besides constructing a pie chart, we can also answer this question by percentages (which is more exact).

2012:

total sales = $69,338

Q1 sales = $10,613 / $69,338 = 15.31%

Q2 sales = $6,424 / $69,338 = 9.26%

Q3 sales = $19,283 / $69,338 = 27.81%

Q4 sales = $33,019 / $69,338 = 47.68%

2013:

total sales = $142,238

Q1 sales = $30,342 / $142,238 = 21.33%

Q2 sales = $33,867 / $142,238 = 23.81%

Q3 sales = $34,246 / $142,238 = 24.08%

Q4 sales = $43,783 / $142,238 = 30.78%

During 2012, almost 50% of total sales happened during Q4, something similar to selling toys which are extremely seasonal due to Christmas.

During 2013, this changed since Q4 sales only represent 30% of total sales. Sales increased during Q1 and Q2, and slightly decreased in Q3. They are much more similar now, since sales are almost evenly spread throughout the year.

which of the following is a step in the marketing process

Answers

a) understanding the market place and
customer needs and want
b) Designing A customer-Driven Marketing strategy
c) Build profitable relationships
d) capturing value from customers

How are SAE programs expanded and/or diversified?

Answers

Answer:

The SAE programs could be extended even diversified using the following techniques.  

Explanation:

Increased self-employment has led to something like the SAE programs.  Rather than growing the breadth of this. The concept seems to be the volume, gross margin, quantity of acres, respectively.  By introducing or growing new goods as well as companies. This would be referred to those as diversification.  Whilst also connecting to the awareness acquired via the SAE programs.

________ seem as a group to be mildly regressive, and ________ seem as a group to be mildly progressive.
A) Federal taxes; state and local taxes.B) Federal and state taxes; local taxes.C) Local taxes; federal and state taxes.D) State and local taxes; federal taxes.

Answers

Answer: D) State and local taxes; federal taxes.

Explanation:

States and local taxes are seen to be mildly regressive because low income earners typically pay a higher proportion of their income when compared to the high earners.

For the federal taxes, they are seen to be mostly progressive because the higher earners pay a larger part of their income when compared to the lower earners.

Question 2 of 10
Which of the following is an advantage of using a periodic inventory system?
A. It is less time consuming than other methods.
B. It is relatively easy and inexpensive to set up.

Answers

An advantage of using a periodic inventory system is that It is less time-consuming than other methods.

What is a periodic inventory system?

The periodic inventory system is a method of inventory valuation for financial reporting purposes in which a physical count of the inventory is performed at specific intervals.

What is a periodic inventory system for example?

Example of Periodic Systems. Periodic system examples include accounting for beginning inventory and all purchases made during the period as credits. Companies do not record their unique sales during the period to debit but rather perform a physical count at the end and from this reconcile their accounts.

Learn more about the periodic inventory system here:  https://brainly.com/question/25887081

#SPJ2

Changes in technology can cause changes in the productivity of a resource. Technological change can be economy-wide, industry-specific, or can occur within one firm's production process. Explain how a change in the productivity of a resource changes the demand for the resource. Give an example.

Answers

Explanation:

Globalization is a worldwide phenomenon caused by technological changes, with a greater possibility of communication between countries, there was a revolution in business, which became much more profitable when they were present in several countries in the world. An example of a change in the productivity of a resource that has been directly impacted by technological changes is the cell phone industry.

The change in resource productivity occurs both internally and externally to this niche, since with the globalization and ease of doing business outside the organization's host country, there is a quest to make the global value chain, with a focus on labor and cheaper raw material.

It is also necessary to consider that in the cell phone industry, technological change has added new features to the product making the device that only made connections a smartphone, a device with multiple features and internet access, such as Apple, which with advanced technology reaches every more consumers around the world.

The letters in acronymic abbreviations must be

Answers

Answer:

In a correct order.

Explanation:

HELP ASAP
Bank auditing is mainly done to
(Select all that apply.) Multiple choice
A. Curb money laundering
B. Insure deposits for all customers
C. Stop international finance crimes
D. Prohibit electronic trading arbitrage

Answers

A, B, C, D. That all

Résumés should include the following:

your contact information
education history
family history
work history

Answers

Answer:

Education history

Explanation:

When you are looking for a job more than liky the job wants to know what school you went to and what level of education you have. Most job said you can take it right after high school some other job tell you you have to go through college other what a whole different school or training you have to go through.

an increase In long run aggregate supply can be expected to _______ the price level and ______ the natural rate of unemployment.​

Answers

Answer:

fall is the answer for both blanks

Paris operates a talent agency as a sole proprietorship,and this year she incurred the following expenses in operating her talent agency.What is the total deductible amount of these expenditures?
$1,000 dinner with a film producer where no business was discussed
$500 lunch with sister Nicky where no business was discussed
$700 business dinner with a client but Paris forgot to keep any records (oops!)
$900 tickets to the opera with a client following a business meeting
A) $450.
B) $900.
C) $1,100.
D) $1,200.
E) $0

Answers

Answer:

A) $450.

Explanation:

The computation of the total deductible amount of the expenses is as follows:

In the case of the deduction with respect to the meal cost and entertainment. Only the half of the expense would be deducted i.e. for the business meeting

As in the question the opera tickets is $900 so the half of $900 i.e. $450 would be allowed as a deduction

Therefore the correct option is A.

Transmissions are delivered to the fabrication line four at a time. It takes one hour for transmissions to be delivered. Approximately five vehicles are produced each hour, and management has decided that 40 percent of expected demand should be maintained as safety stock. How many kanban card sets are needed?

Answers

Answer:

the number of kanbans card sets required is 1.75 kanban sets

Explanation:

The computation of the number of kanbans card sets required is as follows:

Kanban cards is

= Average number of demand × lead time × (1 + Safety stock) ÷ Size of the container

= 5 × 1 × (1 + 0.40) ÷ 4

= 7 ÷  4

= 1.75 kanban sets

hence, the number of kanbans card sets required is 1.75 kanban sets

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Marilyn is age 66, if she receives a $15,000 taxable HSA distribution this year, what tax penalty, if any, will apply?

Answers

Answer:

No penalty

Explanation:

The tax penalty is as follows

The HSA i.e. health saving account. It is opened so that the expenses related to the medical could be paid and the high health plan i.e. deductible  (HDHP) would not covered here

In the case when rules are not followed so there is a penalty of 20%

Given that the amount taxable is $15,000

So here the penalty would be

= $15,000 × 20%

= $3,000

But since Marilyn age is 66 so there is no penalty as the penalty would be applied till the age of 65

What is a company likely to do if their celebrity endorser is involved in a scandal?
A.
wait and see what happens
B.
determine the nature of the scandal
C.
cancel the endorsement contract immediately
D.
give no comment to the news media

Answers

Answer:

I think its B. it can't be D and probably not A. And depending on how bad it is they may cancel but if they dont know what it is first then they shouldn't cancel the endorsement.

Answer:

C

Explanation:

I would think first they would determine the nature of the scandal & then decide how damaging it is to see whether or not if they have to drop the celebrity or not , some brands stick with their celebrities unless its really something bad.

What is the difference between inflation and deflation.

A. Inflation can result from falling demand and boosts the value of money. Deflation can result from rising demand and reduces the value of money.

B. Inflation can result from rising demand and boost the value of money. Deflation can result from failing demand and reduces the value of money.

C. Inflation can result from falling demand and reduces the value of money. Deflation can result from rising demand and boost the value of money.

D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.

Answers

Answer:

D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.

Explanation:

Inflation is the general increase in prices in the economy over time. As the economy grows, prices automatically rise. There is a direct correlation between economic development and inflation. A high growth rate may result in a high inflation rate. High growth is caused by an increase in demand for goods and services.

Inflation erodes the purchasing power of money. As prices increase, it means one unit of money will purchase fewer quantities of goods and services than the previous season.

Deflation is the opposite of inflation. It means a general decline in prices in the country. Low production due to reduced demand causes prices to decline. One unit of money will purchase more quantities of goods and services as prices decline.

Answer:

I believe the answer is D :)

Explanation:

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