subject
Business, 11.02.2020 22:27 Jerrikasmith28

Koufax Materials Corporation produces plastic products for home appliances and electronics. The financial department has produced the following information for the year ended December 31. Administrative salaries$2,625,000 Depreciation on the administrative building 1,142,000 Depreciation on the manufacturing plant 1,750,000 Direct labor 4,692,500 Direct materials inventory, January 1 1,069,200 Direct materials inventory, December 31 1,235,000 Direct materials purchased during the year 8,956,000 Distribution costs 657,000 Finished goods inventory, January 1 1,642,000 Finished goods inventory, December 31 1,369,500 Indirect labor 542,000 Insurance (on manufacturing plant) 53,200 Legal fees 496,300 Maintenance (on the manufacturing plant) 215,400 Manufacturing plant utiities 784,100 Marketing costs 749,250 Other manufacturing plant costs 630,880 Sales revenue 22,654,920 Taxes (on manufacturing plant and property) 215,600 Work-in-process inventory, January 1 403,250 Work-in-process inventory, December 31 396,700

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 20:30, aidy8665
Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?
Answers: 2
image
Business, 22.06.2019 17:30, gabedafame26
Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?
Answers: 2
image
Business, 22.06.2019 20:10, wtwbegay
Mikkelson corporation's stock had a required return of 12.50% last year, when the risk-free rate was 3% and the market risk premium was 4.75%. then an increase in investor risk aversion caused the market risk premium to rise by 2%. the risk-free rate and the firm's beta remain unchanged. what is the company's new required rate of return? (hint: first calculate the beta, then find the required return.) do not round your intermediate calculations.
Answers: 2
image
Business, 22.06.2019 21:50, sippincoronas
Q3. loral corporation manufactures parts for an aircraft company. it uses a computerized numerical controlled (cnc) machining center to produce a specific part that has a design (nominal) target of 1.275 inches with tolerances of ± 0.020 inch. the cnc process that manufactures these parts has a mean of 1.285 inches and a standard deviation of 0.005 inch. compute the process capability ratio and process capability index, and comment on the overall capability of the process to meet the design specifications.
Answers: 1
You know the right answer?
Koufax Materials Corporation produces plastic products for home appliances and electronics. The fina...

Questions in other subjects: