Livro Company has three operating segments with the following information: Books Calendars Bags Sales to outsiders $ 8,650 $ 4,360 $ 6,650 Intersegment transfers 665 1,130 1,550 In addition, corporate headquarters generates revenues of $1,000. What is the minimum amount of revenue that each of these segments must generate to be considered separately reportable? (Round your answer to the nearest whole dollar.)

Answers

Answer 1
Answer:

Answer:

minimum amount of revenue that segment of each generate separate is = $2295.5

Explanation:

given data

Bags Sales = $8,650

Bags Sales = $4,360

Bags Sales  = $6,650

Intersegment transfers = 665

Intersegment transfers = 1,130

Intersegment transfers = 1,550

generates revenues = $1,000

solution

we get here total Sales to outsiders that is

total Sales to outsiders = $8,650 + $4,360 +  $6,650

total Sales to outsiders = $19660

and

Intersegment transfers is = 665 + 1,130 + 1500

Intersegment transfer = 3295

so that Combined Segment Revenue is

Combined Segment Revenue = 19660  + 3295

Combined Segment Revenue = 22955

so minimum amount of revenue that segment of each generate separate is 10% Criteria is

= 10 % of 22955

minimum amount of revenue that segment of each generate separate is = $2295.5


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A company estimates the following manufacturing costs for the next period: direct labor, $536,000; direct materials, $211,000; and factory overhead, $119,000. Required:
1. Compute its predetermined overhead rate as a percent of direct labor.
2. Compute its overhead cost as a percent of direct materials.

Answers

Answer:

(1) 22%

(2) 56%

Explanation:

Given that,

Direct labor = $536,000;

Direct materials = $211,000;

Factory overhead = $119,000

(1) Predetermined overhead rate as a percent of direct labor is simply calculated by dividing the factory overhead by its direct labor cost.

Predetermined overhead rate as a percent of direct labor:

= (Factory overhead ÷ Direct labor) × 100

= ($119,000 ÷ $536,000) × 100

= 0.22 × 100

= 22%

(2) Predetermined overhead rate as a percent of direct materials is simply calculated by dividing the factory overhead by its direct material cost.

Predetermined overhead rate as a percent of direct material:

= (Factory overhead ÷ Direct material) × 100

= ($119,000 ÷ $211,000) × 100

= 0.56 × 100

= 56%

QUESTION 16 Which of the following will cause the equilibrium price of widgets to fall and the equilibrium quantity to rise? A. Widget workers agree a large wage decrease so that none of them will have to be laid off. B. A decrease in the price of an item that consumers consider a substitute. C. The government raises taxes on widget firms. D. An increase in the price of an item that producers consider a substitute

Answers

Answer: A. Widget workers agree a large wage decrease so that none of them will have to be laid off.

Explanation:

There are activities that affects supply function cost, like wages cost going down, pushing prices down as well. In this case, with everything else constant, when cost go down the productivity per factor increase, making it possible to produce the same quantity at a lower price, or to produce more at a same price

A trustworthy friend asks to borrow money from you today. She promises to pay you exactly $3500 in 2 years, and she insists on your earning the same interest rate on your loan to her as you would have earned keeping your money in your savings account that earns 2%. How much can you lend her today

Answers

Answer:

I can lend her $3364 today

Explanation:

A = P(1 + r)^n

A = $3500

r = 2% = 2/100 = 0.02

n = 2 years

3500 = P(1 + 0.02)^2

3500 = P(1.02)^2

P = 3500/1.0404 = $3364 (to the nearest whole number)

Cemex, the largest cement producer in Mexico: a) is an insignificant competitor outside its home market. b) has only expanded into Spanish-speaking markets. c) generates about half of its income from outside Mexico. d) was eventually acquired by Holder Bank of Switzerland after Holder Bank entered the Mexican market.

Answers

Answer:

The correct answer is C. Cemex, the largest cement producer in Mexico, generates about half of its income from outside Mexico.

Explanation:

CEMEX is an international company for the construction industry, which offers products and services to clients and communities in more than 50 countries around the world. The Mexican company holds the third place in world sales of cement and is the main producer of ready-mix concrete, with a production capacity of approximately 77 million tons per year, serving the markets of America, Europe, Asia, Africa and the Middle East.  50% of the company's sales come from its operations in Mexico, 25% of its plants in the United States, 15% from Spain, and the rest from its plants in other parts of the world.

Jia is considering whether to go out to dinner at a restaurant with her friend. The meal is expected to cost $40, Jia typically leaves a 20% tip, and an Uber will cost $5 each way. Jia values the restaurant meal at $25. Jia enjoys her friend s company and is willing to pay $30 just to spend an evening with her. If Jia does not go out to the restaurant, she will eat at home, using groceries that cost her $8.a. Calculate Jia's cost associated with going out to dinner with her friend.
b. Calculate Jia's benefits associated with going out to dinner with her friend.

Answers

Answer:

a. Jia's cost associated with going out to dinner with her friend

= $58

b. Jia's benefit associated with going out to dinner with her friend

= $47

Explanation:

a) Data and Calculations:

Expected cost of meal =  $40

Tips (20%)                             8

Transport to & from =         10

Total cost of going out = $58

Benefits with going out:

Value of restaurant meal =     $25

Amount Jia is willing to pay = $30

Less of eating at home            ($8)

Total benefits with going out $47

Jia's cost associated with going out to dinner is $58 and her benefits are $55.

To calculate Jia's cost associated with going out to dinner with her friend, we need to add up the cost of the meal, the tip, and the Uber rides. The meal cost is $40, the tip is 20% of the meal cost (0.2 * 40 = $8), and the Uber rides cost $5 each way, so the total cost is $40 + $8 + $5 + $5 = $58.

To calculate Jia's benefits associated with going out to dinner with her friend, we need to consider the value of the restaurant meal and the enjoyment she gets from spending time with her friend. The value of the meal is $25, and Jia is willing to pay $30 just to spend time with her friend, so the total benefits are $25 + $30 = $55.

Learn more about Cost and Benefits here:

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5. In the October 23, 1999 issue, the Economist reports that the interest rate per annum is 5.93% in the United States and 70.0% in Turkey. Why do you think the interest rate is so high in Turkey? Based on the reported interest rates, how would you predict the change of the exchange rate between the U.S. dollar and the Turkish lira?

Answers

Answer:

According to the international Fisher Effect (IFE) the high interest rate reflects a high expected rate of inflation in Turkey.

5.93% - 70% = -64.07%

This means that the Turkish Lira is expected to depreciate by 64.07% against the US dollar

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