The Mixed Nuts Division of Yummy Snacks, Inc. had the following operating results last year:
Sales (140,000 pounds of product) $70,000
Variable expenses $42,000
Contribution margin $28,000
Fixed expenses $12,000
Income $16,000
Yummy expects identical operating results in the division this year. The Mixed Nuts Division has the ability to produce and sell 200,000 pounds of product annually. Assume that the Trail Mix Division of Yummy wants to purchase an additional 20,000 pounds of nuts from the Mixed Nuts Division.
Mixed Nuts will be able to increase its profit by accepting any transfer price above:____________.
a) $0.25 per pound
b) $0.08 per pound
c) $0.15 per pound
d) $0.30 per pound
e) $0.10 per pound

Answers

Answer 1

Answer:

d) $0.30 per pound

Explanation:

The solution of minimum transfer price is provided below:-

Here, If the transferor division has spare capacity then variable cost per unit is the minimum transfer price also when the division of the transferor sells over variable cost per unit then the division of the transferor receives benefit.

Therefore,

Minimum transfer price = Variable expenses ÷ Pounds of product

= $42,000 ÷ $140,000

= $0.30 per pound

So, we have calculated the minimum transfer price by using the above formula.


Related Questions

The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?

Answers

An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.

The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.

An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.

The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.

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6-18. What could be driving the tremendous growth in Salesforce.com’s stock price and revenue? Why do you think investors put such a high premium on Salesforce.com’s stock?
and
6-17. Why did tech giants like SAP, Oracle, Microsoft, and IBM miss the opportunity to produce a SaaS CRM like Salesforce.com? What might keep large tech companies from identifying potential opportunities like Salesforce.com?

Answers

Answer: yea that it

Explanation:

Data on personal income can be a good indicator of whether the economy is currently in a recession. This kind of data is called a

Answers

This kind of data is called a coincident indicator.

What is a coincident indicator?

A coincident indicator is an economic indicator that occurs at the same time with changes in the economy. When there is a recession, GDP would decline. This would lead to a reduction of income.

Other types of economic indicators are leading indicators and lagging indicators. Leading indicators precede changes in the economy. Lagging indicators lag after changes in the economy.

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Malcolm (37) is a U.S citizen

Answers

Answer: good for him

Explanation:

Perine Company has 5,460 pounds of raw materials in its December 31, 2019, ending inventory. Required production for January and February of 2020 are 4,200 and 6,000 units, respectively. 5 pounds of raw materials are needed for each unit, and the estimated cost per pound is $6. Management desires an ending inventory equal to 26% of next month’s materials requirements.


Prepare the direct materials budget for January.

Answers

Answer:

Instructions are below.

Explanation:

Giving the following information:

Beginning inventory= 5,460 pounds of raw materials

Production:

January= 4,200 units

February= 6,000 units

5 pounds of raw materials are needed for each unit, and the estimated cost per pound is $6.

Management desires an ending inventory equal to 26% of next month’s materials requirements.

Direct material budget= production + desired ending inventory - beginning inventory

Direct material budget (in pounds):

Production= 4,200*5= 21,000

Desired ending inventory= (6,000*5)*0.26= 7,800

Beginning inventory= (5,460)

Total= 23,340

Total cost= 23,340*6= $140,040

DO you know what 407

Answers

Answer:

wdym wut 407

Explanation:

what year is This hyundai sonata I plan To get My own car since I got My learners permit for driving

what year is This hyundai sonata I plan To get My own car since I got My learners permit for driving

Answers

Answer:

hello

ON internet i saw it at: 2011

Explanation:

Emily is deciding to buy the same designer jacket her friends have

Answers

Answer:

OMG EMILY BOUGHT THE NEW UNICON DRIP JACKET!

Answer:

, but emily needs to ask daddy for some money first

Explanation:

O’Halloran Inc. produces and sells outdoor equipment. On July 1, Year 1, O’Halloran Inc. issued $32,000,000 of six-year, 8% bonds at a market (effective) interest rate of 7%, receiving cash of $33,546,022. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year.

Answers

The journal entry to record the cash proceeds from the issuance of the bonds on July 1, Year 1, is:

Date        Account title                                               Debit           Credit

July 1       Cash                                                    $33,546,022

               Premium on bonds payable                                     $1, 546, 022

               Bonds payable                                                        $32, 000, 000

How to record bond issuance?

To record the cash that a company gets from the issuing of a bond, debit the cash account with the amount that the company sold the bonds for, not the par value of the bonds.

Then credit the Bonds Payable account with the par value of the bond as this account shows the bond price at par value, without discounts or premiums.

Then, if the bond sold at a premium, credit this premium to the premium on bonds payable. Selling at premium means that the bond was sold for higher than its par value.

This premium is:

= Selling price - Par value

=  $33,546,022 -   $32, 000, 000

=  $1, 546, 022

The rest of the question is:

Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July, 1, Year 1.

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Perpetual Inventory Using Weighted Average
Beginning inventory, purchases, and sales for WCS12 are as follows:
340 units at $10
200 units
360 units at $11
400 units
Oct. 1
13
22
29
Inventory
Sale
Purchase
Sale
a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to
two decimal places.
per unit
b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost" to two decimal
places.
$
c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places

Answers

Perpetual Inventory can be calculated as follows:

a. Weighted average unit cost after the October 22 purchase:

Beginning inventory:

340 units at $10 = $3,400

Purchases:

200 units at $10 = $2,000

360 units at $11 = $3,960

Total units: 340 + 200 + 360 = 900 units

Total cost: $3,400 + $2,000 + $3,960 = $9,360

Weighted average unit cost = Total cost / Total units

=$9,360 / 900 units

≈ $10.40 (rounded to two decimal places)

b. Cost of goods sold on October 29:

Units sold: 400 units

Cost of goods sold = Units sold * Weighted average unit cost

= 400 units * $10.40

= $4,160

c. Inventory on October 31:

Remaining units: 100 units (900 units - 400 units)

Weighted average unit cost (from part a): $10.40

Inventory value = Remaining units * Weighted average unit cost

= 100 units * $10.40

= $1,040

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Three members of Ahmad's family work at BioTechno, a multi-national drug manufacturer. Each of them owns 5% shares of the company respectively. In fact, most of the employees of BioTechno, like Ahmad and his family members, are stockholders of the company. BioTechno can be regarded as a _____.

Answers

Answer:

Public or Private company!

Explanation:

I don't know exactly what you're asking for here, but I believe the blank could be a private company.

If most (or only) Ahmad's family owns stocks of this company it would have to be a private company because a small group of people is the stockholders. But let us just say Ahmad's family is super-rich and they invested in BioTechno, which is a mid-cap stock. They own around 40% of the stocks, but a lot of others also own this stock. In that scenario, it would be a public company!

Marbling refers to small flecks of fat that make the meat ___. a. moist c. tender b. juicy d. crispy

Answers

Answer:

a.moist

Explanation:

The marbling keeps the meat moist, so natural juices don't evaporate in the pan

Carrie wants to open a boat shop right next to te beach. What type of utility is she implementing

Answers

Answer:place utility

Explanation:

Even though the goal of a firm is to create wealth for its shareholders, there are times when ethical or strategic considerations outweigh the profit incentive, causing managers to reject investments with positive net present values. T/F

Answers

True. Even if a business's main goal is to maximize profits for its shareholders, there are occasions when ethical or strategic considerations trump the financial one, forcing management to forgo deals with good net present values.

Is a company's main goal to maximize profits or the wealth of its shareholders?

The company's top priority is consistently increasing shareholder wealth, which produces earnings to increase the dividends paid on each ordinary share. A sign of greater shareholder wealth is the higher price of shares traded on the stock market.

Is it always morally right for a business to attempt to maximize profits for its shareholders?

A corporation's desire to increase profits for the benefit of its stockholders is not always morally good. For some businesses, a commitment to morality is insufficient to boost earnings. For tiny enterprises or organizations that are dealing with particular issues, ethics is insufficient.

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What are stakeholder capitalism and shareholder capitalism?

Answers

Stakeholder capitalism is a system in which corporations are oriented to serve the interests of all their stakeholders. ... Supporters of stakeholder capitalism believe that serving the interests of all stakeholders, as opposed to only shareholders, is essential to the long-term success and health of any business.

why did brainly have me take time out of my day to make an account for answrs just to tell me to pay for a trial everytime i use the app . unsatisfied customer

Answers

Answer:

Well that's unfortunate. I just use the website. I had to answer questions in order to view answers but it works great!

Explanation:

Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2

Answers

The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1

To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.

Here's how to calculate the marginal product for each worker:

Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.

Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.

Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.

Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.

Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.

Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.

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Shares of Corporation have a beta of 0.90. The market risk premium is 7%, and
the risk-free rate is 8%. Corporation paid a dividend of $1.80 per share, and the
dividend is expected to grow at 7% forever. The share currently sells for $25.
Corporation has a debt-equity ratio of 50%. Its cost of debt is 8%, before taxation,
taxation rate is 30%.
What is the weighted average cost of capital of Corporation?

Answers

Answer:

The weighted average cost of capital of Corporation is 11.4%

Explanation:

Now use following formula to calculate the weighted average cost of equity

WACC = ( Weight of equity x Cost of equity ) + ( Weight of debt x Cost of debt (after tax ) )

Weight

Equity  = 100%

Debt = 50%

Cost

First we need to calculate the cost of equity using CAPM formula

Cost of equity = Risk free rate + Beta x ( Market risk premium )

Placing values in the formula

Cost of equity = 8% + 0.90 x  7%

Cost of equity = 14.3%

Cost of debt = 8%

Cost of debt (after tax ) = 8% x ( 1 - 30% ) = 5.6%

Placing values in the formula of Weighted average cost of capital

WACC = ( ( 100%/150% ) x 14.3% ) + ( ( 50% / 150% ) x 5.6% )

WACC = 9.53% + 1.87%

WACC = 11.4%

The basic economic questions that any provider of goods must ask are:
• What will be produced?
• Who will produce it?
• For whom will it be produced?
In which type of economy are these decisions made solely by the
government?
A. Mixed
B. Free
C. Command
D. Traditional

Answers

Answer:

C. Command

Explanation:

In a command economy, the government owns and controls all the factors of production. All the factors of production are owned and controlled by the government. The government does all the productions through its agencies.

The government prepares central economic plans that guide the country's economic activities. The central plans indicate what goods and services will be produced, their quantities, and prices. The plans also dictate how distributions will be done in the country.

Consider a business in your community—how might this business help address or solve a social problem? Explain

Answers

Let's assume that the company operates in the agribusiness area, a social program that it could develop to solve a social problem would be a contract with small local producers.

This social program could actively assist local development, training rural workers and fostering the local economy.

What is Corporate Social Responsibility (CSR)?

Corresponds to organizational practices and programs that demonstrate the company's responsibility towards society and the environment, helping to solve social problems through spontaneous actions that exceed the socio-environmental requirements provided for by law.

Therefore, CSR helps companies to create value for stakeholders through practices that contribute to local development.

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Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.

Answers

Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:

Data and Calculations:

                                                       Job 306           Job 307        Job 308

Balances on March 31

Direct materials used (in March)    $33,600         $41,900

Direct labor used (in March)           $24,600        $20,300

Overhead applied (March)              $12,300         $10,150

Costs during April

Direct materials used                     $139,000      $226,900     $102,000

Direct labor used                            $94,200       $161,500       $107,300

Overhead applied                           $55,600       $77,500       $52,500

                             ($94,200 × 50%)  ($161,500 × 50%)  ($107,300 × 50%)

Job 306 - $47,100

Job 307 - $80,750

Job 308 - $53,650

The overhead rate applied for Job 306 in April is:

= Direct labor cost x 50%

= 94,200 x 50%

= $47,100

The overhead applied for Job 307 in April is:

= 161,500 x 50%

= $80,750

The overhead for Job 308 in April is:

= 107,300 x 50%

= $53,650

Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.

The given question is incomplete, the complete question is-

Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.

Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.

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imagine you held one bitcoin that had increased in value from $30,000 to $40,000 in the span of a year. this would mean that your money holdings would have increased by $10,000. is this statement true or false?

Answers

The statement about the money holdings of a person being increased by $100,000 is:

False, because the bitcoin is an investment and not a money holding.
What is Money Holdings?

This refers to the assets which are held in cash and ready to be used.

Hence, we note that there are 3 functions of money which includes functioning as:

A store of valueUnit of accountMedium of exchange.

With this, we can state that the statement is false because the bitcoin is an investment and not a money holding.

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You decide to attend college next fall. List 3 or more opportunity costs and 3 or more opportunity benefits of ading college next fall.​

Answers

Answer:

Explanation:

Opportunity Costs for going to college

1. Cost of college tuition

2. Loss of income for getting a job right away instead of going to college

3. Time spend at college could be used of something else such as a hobby

Benefits for going to College

1. Getting a job with a higher salary

2. More job opportunities being available (i.e. jobs that require you be attending college or already have college degree)

3. Life experience you may gain attending college (such as mentoring from professors, joining clubs, etc.)

Percentage of sales budgeting can also be called _____.


arbitrary budgeting

objective and task budgeting

rule of thumb budgeting

competitive budgeting

Answers

Answer:

promotional budget is set as a percentage of current or anticipated sales

Typical percent of sales is 2%-5%

Explanation:

so I would have to say arbitrary budgeting

In each of the following situations, list what will happen to the equilibrium price and the equilibrium quantity for a particular product, which is an inferior good. DRAW THEGRAPHS

a. The population decreases and productivity increases

b. Income increases and the price of inputs increase

c. The number of firms in the market decreases and income decreases

d. Consumer preference decreases and the price of a complement increases

e. The price of a substitute in consumption increases and the price of a substitute in production increases

Answers

Answer:

how to draw graf in this

Please help with this answer I need for a job application!

Please help with this answer I need for a job application!

Answers

I don't think it's possible for anyone to give you an answer to this. You have to list skills that would be helpful for the job you are applying for. For example, talk about how you used to work at another bakery before applying for this job.

This is a personal answer and there's no right or wrong.

You decide to decrease the price of your product to increase total sales revenue, because you believe your product's demand is

A) perfectly inelastic
B) unit elastic
C) price elastic
D) price inelastic

Answers

Answer:

C) price elastic.

Explanation:

Discuss the various system for internal administration for financial organisation. ​

Answers

The various system for the internal administration of financial organizations includes accounting systems, budgeting systems, internal controls, performance management systems, risk management systems, and compliance management systems.

Internal administration systems for financial organizations are systems that oversee the internal functioning of the financial organizations and their staff. They enable businesses to establish and follow specific procedures that ensure their operations are stable, transparent, and responsible.

Here are some of the various systems for internal administration for financial organizations:

1. Accounting systems: Accounting systems are essential to ensure the accuracy of financial transactions and the reliability of financial statements. The accounting system should provide information about the current financial status of the organization and account for all income and expenses.

2. Budgeting systems: Financial organizations use budgeting systems to allocate resources and plan expenditures. This system can be used to control the financial performance of a department, project, or organization.

3. Internal controls: Internal controls are the procedures, policies, and activities that help an organization to maintain the integrity of its operations and prevent fraud. The effectiveness of these controls depends on how well they are implemented.

4. Performance management systems: Performance management systems are used to ensure that the goals of an organization are achieved. This system can be used to monitor and evaluate employee performance, provide feedback, and manage employee development.

5. Risk management systems: Risk management systems help financial organizations to identify and manage risks. They can be used to assess the risk associated with various activities and develop strategies to mitigate those risks.

6. Compliance management systems: Compliance management systems help financial organizations ensure that they are following all relevant regulations and laws. They can be used to monitor compliance with internal policies and procedures as well as external regulations.

In conclusion, internal administration systems for financial organizations are essential for ensuring the stability and transparency of financial operations. These systems include accounting systems, budgeting systems, internal controls, performance management systems, risk management systems, and compliance management systems.

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Which of the following is NOT a step in the basic selling process?


make a connection
recite product features
personalize service
assess needs

Answers

From the options given recite product features is not a step in the basic selling process

What is the basic selling process about?

The series of steps a salesperson takes to find and approach prospects, give a sales presentation, address objections, and close a sale is known as the selling process

Prospecting, planning, approaching, presenting, addressing objections, closing, and following up are often involved in the process .The technique may be applied to the majority of selling scenarios, including non-product selling.

The objective is to persuade the consumer that the product or service can satisfy their demand and to establish long-term customer relationships.

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Add the following fractions and reduce to lowest terms. 7/34 + 31/34

Answers

Answer:

1 2/17

Explanation:

7/34+31/34=38/34=19/17=1 2/17

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