SureLock Manufacturing Co. makes and sells several models of locks. The cost records for the ZForce lock show that manufacturing costs total $23.00 per lock. An analysis of this amount indicates that $13.34 of the total cost has a variable cost behavior pattern, and the remainder is an allocation of fixed manufacturing overhead. The normal selling price of this model is $36.00 per lock. A chain store has offered to buy 14,000 ZForce locks from SureLock at a price of $16.10 each to sell in a market that would not compete with SureLock's regular business. SureLock has manufacturing capacity available and could make these locks without incurring additional fixed manufacturing overhead.
Calculate the effect on SureLock's operating income of accepting the order from the chain store.
If SureLock's costs had not been classified by cost behavior pattern, is it likely that a correct special order analysis would have been made?
Answers
SureLock Manufacturing Co. has received a special order from a chain store to purchase 14,000 ZForce locks at a price of $16.10 each.
To determine the effect on SureLock's operating income, we need to analyze the cost structure of the locks and compare it to the selling price.
Additionally, we will assess whether a correct special order analysis could have been made if the costs had not been classified by cost behavior pattern.
To calculate the effect on SureLock's operating income, we compare the incremental revenue from the special order with the incremental costs associated with producing the additional locks.
The incremental revenue is determined by multiplying the number of locks (14,000) by the selling price per lock ($16.10). The incremental costs include only the variable costs, as the fixed manufacturing overhead is already allocated and does not change with the special order.
The variable cost per lock is $13.34.
Operating Income = Incremental Revenue - Incremental Variable Costs
Operating Income = (Number of locks * Selling price per lock) - (Number of locks * Variable cost per lock)
Operating Income = (14,000 * $16.10) - (14,000 * $13.34)
To determine whether a correct special order analysis would have been made without classifying costs by their behavior pattern, we need to consider the impact of fixed manufacturing overhead.
If the fixed manufacturing overhead had been included in the total cost per lock and not allocated separately, the total cost per lock would have been higher.
In such a case, the special order analysis might have shown a negative operating income or a lower profit margin, potentially leading to a different decision regarding accepting the order.
By classifying costs into variable and fixed components, SureLock can accurately assess the impact of the special order on its operating income.
It allows for a more precise analysis of incremental revenue and costs, enabling informed decision-making. If the costs had not been classified by cost behavior pattern, the special order analysis might have provided a misleading or inaccurate assessment of the profitability of accepting the order.
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Related Questions
kubin company’s relevant range of production is 11,000 to 14,000 units. when it produces and sells 12,500 units, its average costs per unit are as follows:
Answers
The average cost per unit increases as the number of units produced decreases.
Given the information, Kubin Company's average costs per unit are Direct materials: $7.00,Direct labor: $4.00,Variable manufacturing overhead: $1.50,Fixed manufacturing overhead: $5.00,Average cost per unit: $17.50.The fixed manufacturing overhead per unit is constant, regardless of the number of units produced. The variable manufacturing overhead per unit decreases as the number of units produced increases. This is because the fixed costs of variable manufacturing overhead are spread over a larger number of units. The direct materials and direct labor costs per unit are also constant, regardless of the number of units produced.
This is because the fixed manufacturing overhead costs are spread over a smaller number of units, which increases the per unit cost.
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PLS HELP take a look at the picture and lmk which one the answer is
Answers
Both provide jobs in the community
Both contribute to innovation through competition
Choose a country other than the United States— maybe a country you would like to visit someday, or a country that speaks a language you have learned or that someone you know speaks.
Respond to the following:
1.Research the real GDP per capita of that country and compare it to the real GDP per capita of the United States.
2.Explain how the costs of production and the standard of living for residents of the two countries might be different based on the different values for real GDP per capita.
Answers
The comparison that would be made here is the Real GDP of the United States and that of Ni/geria per capita in the year 2021. The US has the real GDP per capita as 69,287.54 USD, while Ni/geria has theirs as 2,085.03 USD.
The cost of production is low in USA nd high in Ni/geria
The standard of living is high in USA and very low in Ni/geria
The standards of living in these nationsFrom the figure that we have here, even though the figure for Ni/geria is a bit exaggerated, I would say that the United States has been able to create a system where the people have a better standard of living by creating all of the means that businesses would thrive.
The cost of production in the USA would be lower and the standard of living would be high obviously.
In Nigeria, the cost of production id high and the standard of living is very low for the people
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(122) whitney chemicals company received cash of $40,000 and issued common stock. which of the following accounts will be credited?
Answers
The account that will be credited is Common Stock, if 2whitney chemicals company received cash of $40,000 and issued common stock.
When a company issues common stock, it receives cash from the shareholders in exchange for ownership in the company. The cash received is recorded as a debit to the Cash account and the ownership shares issued are recorded as a credit to the Common Stock account. Therefore, in this scenario, the Cash account will be debited for $40,000, and the Common Stock account will be credited for $40,000.
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--The complete question is, Whitney chemicals company received cash of $40,000 and issued common stock. which accounts will be credited?--
a 2 year treasury note with a face value of $1000 has a coupon rate of 5%. if current market rates are 2% what is the current par value of the bond?
Answers
The par value of the bond at present is $980.87.
What is a treasury note?
Before the Federal Reserve System was established in 1913, the United States would occasionally issue Treasury Notes as a form of short-term debt instrument. A Treasury note is a form of U.S. government debt with a maturity between two and ten years with a fixed interest rate. Treasury notes are offered either through competitive bids, where an investor chooses the yield or through non-competitive bids, where the investor accepts whatever yield is decided. Because they offer a safe investment with a yield and lesser risk than other bond categories, Treasury notes are well-liked by investors. Intermediate-term bonds are Treasury notes. Treasury bills and other bonds with shorter maturities don't offer yield payouts and instead trade at a discount.
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• In Chapter 10, read the "Reading EnergyGuide Labels" section and complete
the following questions:
1. What types of products have an energy-efficiency rating (EER)?
2. Why might a consumer want to know the estimated yearly energy costs
for operating an appliance?
Answers
The types of products have an energy-efficiency rating (EER) are:
What is an energy-efficiency rating (EER)?
The EER is the cooling capacity (in British thermal units (Btu) per hour) divided by the power input (in watts).
Why might a consumer want to know the estimated yearly energy costs for operating an appliance?
Without energy monitoring, the customer will be unable to identify inefficiencies in their company or home and efficiently correct the issue.
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Answer:
1Air conditioners, heat pumps, furnaces, and boilers
2 Having the estimated cost allows a consumer to make intelligent cost comparisons over time with different models of a product.
Explanation:
trust me
what is the specific goal of product promotion ?
Answers
Answer:
Promotional goals include creating awareness, getting people to try products, providing information, retaining loyal customers, increasing the use of products, and identifying potential customers, as well as teaching potential service clients what is needed to “co-create” the services provided.
What kind of behavior controls will best facilitate positive interactions both within the teams and among the teams?
Answers
To facilitate positive interactions within and among teams, it is important to establish behavior controls that encourage collaboration, open communication, and a supportive work environment. Here are some behavior controls that can help:
1. Clearly defined goals and expectations: Ensure that all team members understand their roles and responsibilities, as well as the goals and expectations of the team as a whole. This will help to avoid confusion and conflicts.
2. Regular feedback and communication: Encourage open and regular communication among team members and provide feedback to team members on their performance. This will help to identify and address any issues or conflicts that arise in a timely manner.
3. Team building activities: Plan team-building activities that foster a positive and supportive work environment. These activities can include team lunches, off-site retreats, or team-building exercises.
4. Positive reinforcement: Provide positive reinforcement to team members who exhibit desirable behaviors, such as cooperation, collaboration, and problem-solving skills. This will encourage these behaviors and help to reinforce a positive work culture.
5. Conflict resolution strategies: Establish strategies for resolving conflicts that may arise within or among teams. This can include techniques for constructive feedback, mediation, or other methods that help to de-escalate conflicts and promote positive interactions.
Overall, behavior controls that focus on communication, collaboration, and support will help to create a positive work environment and facilitate positive interactions both within and among teams.
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Which of the following recruitment step is demonstrated by placing an ad
within the classifieds section of a newspaper?
A. Determine availability of qualified candidates
B. Post job and implement recruitment plan
C. Develop position description
D. Identify open positions and evaluate need
Answers
Answer:
D
Explanation:
The jobs that support medical imaging require specific types of education. Which field discussed requires the least amount of training? Which field requires the most amount of training?
Answers
The transcriptionist field discussed requires the least amount of training. The radiologists field requires the most amount of training.
Radiologists are scientific doctors focusing on diagnosing and treating accidents and sicknesses the usage of clinical imaging (radiology) tactics (assessments/tests) including X-rays, computed tomography (CT), magnetic resonance imaging (MRI), nuclear medicinal drug, positron emission tomography (pet), and ultrasound.
Radiologists are medical docs (MDs) or doctors of osteopathic medicinal drugs (DOs) who have completed a 4-year residency in radiology. A radiologist may also act as a consultant to every other physician who's worrying for the patient, or act as the affected person's number one medical doctor in treating a disease.
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Click this link to view o*net’s tasks section for electrical power-line installers and repairers. note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. according to o*net, what are some common tasks electrical power-line installers and repairers perform? select four options driving vehicles equipped with tools and material harvesting fuel from underground, using drills and pipes installing, maintaining, and repairing electrical distribution and transmission systems adhering to safety practices and procedures operating steam turbines in electrical power plants climbing poles or using truck-mounted buckets to access equipment
Answers
According to O*NET, common tasks for electrical power-line installers and repairers include:
Installing, maintaining, and repairing electrical distribution and transmission systems.Adhering to safety practices and procedures.Driving vehicles equipped with tools and materials.Climbing poles or using truck-mounted buckets to access equipment.Less common tasks for electrical power-line installers and repairers include:
Harvesting fuel from underground using drills and pipes.Operating steam turbines in electrical power plants.Learn more about electric power-line: https://brainly.com/question/16925887
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Answer:
KEEP IT SIMPLE: ACDF
Explanation:
When running A/B testing, what principle should be followed?
Answers
When running A/B testing, the principle that should be followed is to split users into two groups; showing the existing product or feature to the control group and the new product or feature to the experiment group.
What is A/B testing?A/B testing is a technique for user experience research. A/B tests entail a randomized experiment with two versions in most cases, while the idea may also be applied to several variants of the same variable.
The fundamental idea behind an A/B test is to divide people into two groups and provide the new feature to the experiment group while displaying the current function to the control group. Finally, comparing how people in two groups react differently and select the superior version.
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28. Jojo is offered an installment loan at a fixed rate for a secured debt. Explain what each aspect of that offer means: 42
Answers
An instalment loan at a fixed rate for a secured debt means they are charged an interest rate that is unchanged for the term of the loan from the time of borrowing.
What is an instalment loan?Instalment loans are those types of loans that allow individuals to borrow a predetermined amount of money, disbursed in a lump sum and it can be repaid over time.
These loans come with a fixed interest rate and require regular monthly payments that remain the same each month. A portion of each monthly payment is applied to the principal amount borrowed.
Further, a portion is applied to the interest on the loan.
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HELP! i need help with this brochure project for economics and personal finance. its about Understanding Checking and Debit Accounts can someone please give me the information or something for it or if u have already done it can you please give it to me.
the document has all the information.
Answers
Answer:
PLEASE DO YOU HAVE IT NOW I NEED IT ASAPP
Explanation:
please I need to graduate
. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?
Answers
Answer:
the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996
if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50
her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.
The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5
What do you mean by Total revenue?
Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.
Total revenue when she uses the direct channel is $996
\(\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996\)
If she uses the indirect channel, her total revenue is $1,059.50.
\(\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50\)
The difference in revenue between direct selling and indirect selling:
\(\rm\, \$1,059.50 - \$996 = \$63.5\)
The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.
Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.
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To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Why does this occur?
Answers
This has to be asked in context.
A college of business building that has classrooms on the first floor, faculty offices on the second floor, and graduate assistance offices on the third floor has which type of layout?.
Answers
A functional layout is the layout of the college business building that has classrooms on the first floor and faculty offices on the second floor.
What is a functional layout?Generally, a functional layout refers to a configuration where the processes are organized by the type of work they do.
Hence, a building with a functional layout means that different section of the building serves different work purpose,
In conclusion, the functional layout is the layout of the college business building that has classrooms on the first floor and faculty offices on the second floor.
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Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answers
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.{20 points} HELP ASAP
What can nonprinting characters tell you? Check all that apply.
A) whether a large space was created with the spacebar or the tab key
B) whether the author misspelled any words
C) how long it took the author to create the document
D) where the author pressed the return key
Answers
Answer:
A and D
Explanation:
edge 2021
What is a third party check? (bank type of check)
Answers
The third party is the payee who endorses the check.
A check negotiated to the bank, except one payable to the writer of the check, there is, a check written check.
Your plan projects revenue of $5,000, $8,000, and $10,000 in years 1 through 3. Expenses are projected to be $9,000 for each of years 1 through 3. If your only funding need is the gap between revenue and expenses, which is the best estimate of your maximum cumulative funding need?
a) $0
b) $1,000
c) $4,000
d) $50,000
Answers
Answer:
c) $4,000
Explanation:
The only funding needed is the difference between revenue and expense.
For year 1: funding required is $9,000 -$5000 = $4000
For year 2: funding required is$ 9,000 - $8000 = $1000
For year 3: funding required is $9000 -$10,000 = -$1000
cumulative funding = $4000, + $1000 + (-$1000)
=$5000 - $1000
=$4000
i will give 100 points please help
Answers
SRC Refrigeration Company manufactures and sells refrigerator display units for flowers. A salesperson for the company is calling on a large supermarket chain to try to interest them in SRC's new refrigeration unit. The salesperson has set as his sales call objective to replace all refrigeration units in the 235-store chain with SRC units. This sales call objective would be an example of a(n) ______________ call objective. Question 48 options: optimistic minimum primary crazy inspirational
Answers
Answer:
A. optimistic
Explanation:
A. optimistic
B. minimum
C. primary
D. secondary
E. basic
Minimum call objective can be regarded as basic business purpose which is a case that ones sales person needed to achieve so that the call can be successful. And the optimistic call objective can be regarded as optimistic outcome that sales person could think of in given sales.
Thomas, the head of the marketing department in an organization, has structured his department in such a way that the roles and responsibilities of his workers are loosely defined. Moreover, he does not exert too much control over his workers and encourages two-way communication. His workers tend to be highly satisfied with their jobs when compared to those in the finance department, headed by John who exerts more control. From this scenario it can be inferred that Thomas has adopted a(n) _________ mechanism for coordinating. Group of answer choices
Answers
Group of answer choices.
a. bureaucratic
b. authoritative
c. centralized
d. behavioristic
Answer:
d. behavioristic.
Explanation:
A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.
These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.
A span of control can be defined as the number of people (employees or workers), functions, activities which are being directly controlled effectively and efficiently by a manager in an organization.
In this scenario, Thomas, the head of the marketing department in an organization, has structured his department in such a way that the roles and responsibilities of his workers are loosely defined. Moreover, he does not exert too much control over his workers and encourages two-way communication. His workers tend to be highly satisfied with their jobs when compared to those in the finance department, headed by John who exerts more control. From this scenario, it can be inferred that Thomas has adopted a behavioristic mechanism for coordinating because he doesn't exert too much control over his subordinates.
Identify each type of retirement account according to whether the individual contributor pays income taxes on the contribution (posttax) or not (pretax) at the time of the contribution. Posttax Pretax Social Security traditional IRA 401(k) Roth IRA 12:04 PM DLL
Answers
Roth IRAs are the type of retirement account for post-taxes, while 401(k), standard IRAs, and Social Security are the types for pre-taxes.
Explain retirement.The stage of retirement is when a person decides to leave their employment permanently. In the United States and the majority of other industrialized nations, 65 is generally considered to be the usual retirement age, and many of these nations have some sort of government retirement or compensation program in place to supplement retirees' salaries.
Contributions to regular IRAs, 401(k)s, and Social Security are not taxed at the time of the donation. On the other hand, Roth IRA contributions are made with after-tax money, which implies that the income received has already been taxed.
After reaching the age of 59.5, distributions from a Roth IRA are tax-free. Due to the compounding of interest charges and capital gains, such an investment can grow extraordinarily over time, saving a significant amount of money on post-retirement taxes.
The benefits supplied to retirees from these other systems are, therefore, taxable as income at the time of post-retirement.
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When U. S. Preident Donald Trump impoed tariff on imported teel, Charmaine wa working a a project manager for a U. S. -baed contruction company. Charmaine’ company had to pay more for the teel they imported from China, which decreaed the overall profit on ome of their bigget build. After a few month, her company decided to raie the price of material for all future build to offet thoe extra cot. In thi cae, who ended up paying for the tariff?
Answers
The Trump tariffs are a set of American tariffs enacted during the administration of Donald Trump in an effort to close the trade deficit by reorienting American trade policy away toward bilateral trade partnerships over multilateral free trade agreements.
What is called imported?Anything acquired outside of the country of origin is considered an import. Both imports and exports are a part of global trade. A country has a trade imbalance if the value of the its imported exceeds than value of its exports. An import is any product that is produced overseas and brought into another country. For instance, if a Belgian company manufactures chocolate and sells it in the US, that would be considered an import from the American point of view.
Why is import used?With the use of a single phrase, Java's import statement makes it simple to take all of the classes that are visible to a program and specify them under a package. Since the programmer does not have to write the complete class definition, it is quite advantageous. As a result, it makes the program easier to read. Additionally, imports broaden the range of options available to consumers and contribute to cheap pricing, increasing their purchasing power. Additionally, imports give American firms high-quality inputs that assist enterprises and their American workers establish or maintain high levels of competitiveness in both domestic and international marketplaces.
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Open-ended credit is credit for which debtors are given a specified amount of credit to purchase specific consumer goods and intangible goods.
Answers
Answer: False
Explanation:
Open-ended credit does not work by specified borrowing amounts given to a debtor to purchase specific goods.
Rather it works by giving the debtor a limit on the amount they can borrow and they are allowed to borrow whatever amount they want within that limit.
The credit described in the question is a close-ended credit.
with a given amount of resources, a country with a comparative advantage will produce a product with —
Answers
A country with a comparative advantage will produce a product with the lowest opportunity cost.
A country has a comparative advantage when it produces a good or service with the lowest opportunity cost given its resources.
An example illustrating comparative advantage.
Country X either produce 10 shirts or 20 jeans.
The opportunity cost of producing a shirt = 20 / 10 = 2 The opportunity cost of producing one jean = 10/20 = 0.5Country B can either produce 100 units of shirts or 10 jeans.
The opportunity cost of producing a shirt = 10 / 100 = 0.1The opportunity cost of producing one jean = 100 / 10 = 10Country X has a lower opportunity cost and thus a comparative advantage in the production of jeans and should produce jeans.
Country B has a lower opportunity cost and thus a comparative advantage in the production of shirts and should produce shirts.
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In a bolt-manufacturing factory, it is estimated that 6% of the bolts being manufactured will be defective, with a 3% margin of error. Choose the statement that correctly describes the confidence interval.
Answers
The statement D. The percentage of defective bolts is between 3% and 9% is correct. A confidence interval is a range of values that is likely to contain the true population parameter with a certain level of confidence.
In this case, the population parameter is the percentage of defective bolts in the factory. The estimate for this parameter is 6%, and the margin of error is 3%. The margin of error is a measure of the uncertainty of the estimate. It represents the range of values within which the true population parameter is likely to fall. A common practice is to use a 95% confidence level, which means that if the same sampling process were repeated many times, the interval would contain the true population parameter 95% of the time.
So, a 95% confidence interval for the percentage of defective bolts would be (6-3)% to (6+3)% = 3% to 9%.
The complete question is:
In a bolt-manufacturing factory, it is estimated that 6% of the bolts being manufactured will be defective, with a 3% margin of error. Choose the statement that correctly describes the confidence interval.
A. The percentage of defective bolts is 6% or more.
B. The percentage of defective bolts is 6% or less.
C. The percentage of defective bolts is between 3% and 6%.
D. The percentage of defective bolts is between 3% and 9%.
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