Consider an inventory system that fits the model for a serial two-echelon system, where K1 = $5,000, K2 = $200, h1 = $10, h2 = $11, and d = 100. Fill the values in the given table that shows the results from performing both separate optimization of the installations and simultaneous optimization of the installations
hen calculate the percentage change in the total variable cost per unit time if the results from performing separate optimization were to be used instead of the results from the valid approach of performing simultaneous optimization
In: Statistics and Probability
Suppose gas costs $3 a gallon and the average car gets 28 miles per gallon. If Congress mandates that cars have to get 36 miles per gallon, by what percentage will this lower the costs of driving? If the elasticity of total miles driven (per year) with respect to the cost of driving is –1, by how much will total miles driven per year increase, assuming it is 10,000 miles at the beginning? How much will total annual gas consumption of the average car change as a result of the mandated program?
In: Economics
Suppose gas costs $3 a gallon and the average car gets 28 miles per gallon. If Congress mandates that cars have to get 36 miles per gallon, by what percentage will this lower the costs of driving? If the elasticity of total miles driven (per year) with respect to the cost of driving is –1, by how much will total miles driven per year increase, assuming it is 10,000 miles at the beginning? How much will total annual gas consumption of the average car change as a result of the mandated program?
In: Economics
|
A company operates a process costing system. The work-in-process account for last month is given below: |
|||
|
Work in Process Account |
|||
|
Opening work in process |
0 |
Closing work in process |
144,000 |
|
Manufacturing costs incurred during the month |
624,000 |
Cost of goods manufactured |
480,000 |
The company finished producing 12,000 units and 4,000 incomplete units were still in process at the end of the month. The closing work in progress was complete to the same degree for materials and conversion costs. What was the percentage degree of completion of the closing work-in-progress?
In: Accounting
Health policies must undergo policy processes of analysis prior to implementation. Pre-process, intra-process, and post-process all have major impacts on healthcare organizations and consumers. Based on the policy many people may face economical or social change, which could either be just/unjust. In a minimum of 250 words, discuss the following: Evaluate the ACA’s impact on healthcare quality and cost. How does the ACA impact society as a whole? Highlight the relevance of the Federal Medicaid Assistance Percentage (FMAP), as it relates to the ACA.
In: Nursing
Company X is in its first year of operations and has decided to use the percentage of sales method for estimating uncollectible accounts. Sales for the year totaled $112,000. Company X has assessed uncollectible accounts at 10% of sales. The company recorded $11,200 of bad debt expense. Write-offs for the period were $3,000. What is the effect of this transaction?
Select one:
a. Net income is overstated by 3,000
b. Cost of Goods sold is understated by 3,000
c. Bad debt expense is overstated by 3,000
d. None of the these
In: Accounting
Haunted Forest, Inc.is selling fog machines. Use the following information about Haunted Forest, Inc. to answer the following questions. Average selling price per unit $328. Variable cost per unit $206 Units sold 358 Fixed costs $15,489 Interest expense $3,481 Based on the data above, what will be the resulting percentage change in earnings per share if they expect units produced and sold to change 9.6 percent? (You should calculate the degree of total (combined) leverage first).
In: Finance
Overton Company has gathered the following information:
Production:
Units in beginning work in process 20,000
Units started into production 164,000
Units in ending work in process 24,000
Percentage complete in ending work in process:
Conversion costs 60%
Materials 100%
Costs:
Direct materials $ 101,200
Direct labor 164,800
Overhead 184,000
Instructions:
to. Calculate the equivalent units of production for the
material and the conversion costs.
b. Determine the unit cost of production.
C. Show the allocation of costs to the units transferred and in
process.
In: Accounting
|
The Raven Co. has just gone public. Under a firm commitment agreement, Raven received $17.40 for each of the 20 million shares sold. The initial offering price was $19.50 per share, and the stock rose to $21.60 per share in the first few minutes of trading. Raven paid $600,000 in direct legal and other costs and $200,000 in indirect costs. |
|
What was the flotation cost as a percentage of funds raised? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
In: Finance
Here are the comparative income statements of Carla Vista Corporation.
|
CARLA VISTA CORPORATION |
||||
|---|---|---|---|---|
|
2022 |
2021 |
|||
|
Net sales |
$610,300 |
$540,600 |
||
|
Cost of goods sold |
448,800 |
426,200 |
||
|
Gross Profit |
161,500 |
114,400 |
||
|
Operating expenses |
76,400 |
48,100 |
||
|
Net income |
$ 85,100 |
$ 66,300 |
||
(a)
Prepare a horizontal analysis of the income statement data for Carla Vista Corporation, using 2021 as a base. (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 1 decimal place, e.g. 12.1%.)
|
CARLA VISTA CORPORATION |
||||||||
|---|---|---|---|---|---|---|---|---|
|
Increase or (Decrease) During 2022 |
||||||||
|
2022 |
2021 |
Amount |
Percentage |
|||||
|
Net sales |
$610,300 |
$540,600 |
$enter a dollar amount |
enter percentages rounded to 1 decimal place |
% |
|||
|
Cost of goods sold |
448,800 |
426,200 |
enter a dollar amount |
enter percentages rounded to 1 decimal place |
% |
|||
|
Gross Profit |
161,500 |
114,400 |
enter a dollar amount |
enter percentages rounded to 1 decimal place |
% |
|||
|
Operating expenses |
76,400 |
48,100 |
enter a dollar amount |
enter percentages rounded to 1 decimal place |
% |
|||
|
Net income |
$ 85,100 |
$ 66,300 |
$enter a dollar amount |
enter percentages rounded to 1 decimal place |
% |
|||
In: Accounting