Business, 18.04.2020 04:13 caitlynnpatton1208
Household Solutions manufactures kitchen storage products. During the year, the company became aware of potential costs due to
(1) a recently filed lawsuit for patent infringement for which the probability of loss is remote and damages can be reasonably estimated,
(2) another recently filed lawsuit for food contamination by the plastics used in Household Solutions’ products for which a loss is probable but the amount of loss cannot be reasonably estimated, and
(3) a new product warranty that is probable and can be reasonably estimated. Which, if any, of these costs should be accrued?
Answers: 1
Business, 22.06.2019 07:40, perlacruz0505
Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z
Answers: 3
Business, 23.06.2019 11:00, SillyEve
If quotas on sugar were eliminated in the united states, domestic production of sugar would fall. why is this a benefit in economic terms for the united states? i. resources are freed up that could be used more efficiently elsewhere. ii. it is beneficial because it allows foreign producers of sugar to earn income and thus those countries are better off. iii. u. s. consumers are able to enjoy increased consumer surplus because of the lower prices of imported sugar.
Answers: 1
Business, 23.06.2019 15:00, rodneisha1313
Organizations focus on facilities and systems during the stage in a work-unit activity analysis.
Answers: 1
Household Solutions manufactures kitchen storage products. During the year, the company became aware...
History, 11.07.2019 07:00
History, 11.07.2019 07:00