he Steel Mill is currently operating at 84 percent of capacity. Annual sales are $28,400 and net income is $2,250. The firm has

Answer and Explanation:

Below is the layout for preparing the answer sheet;

                                 Product Costs

Cost Item                           Direct          Direct    Manufacturing   Period

                                        Materials       Labor    Overhead          Costs

Rent for factory equipment                                                      $11,500  

Insurance  for the factory structure                                  $1,780

Raw materials total     $80,800

Utility expenses for factory                                  $920

Office supplies                                                    $320

Wages for assembly line personnel           $59,700

Depreciation for office equipment                                   $830  

Miscellaneous materials sum  $1,470

Salary for factory manager           $6,200

Property taxes for factory facility        $420

Advertising expenses for helmets                                    $14,900

Sales commissions sum                                            $10,900

Depreciation of the factory building               $1,640

Total                                $80,800     $59,700   $23,930      $26,950  

The production cost per helmet is

= Total production costs ÷ total helmets produced

= ($80,800 + $59,700 + $23,930) ÷ (10,000)

= ($164,430)  ÷ (10,000)

= $16.44

Response:

$54,600

Details:

Cash Budget for Q3

                                                July              Aug                  Sep

Income:

Cash Inflows                    $25,000      $22,000          $20,000

Aggregate Income                $25,000      $22,000          $20,000

Outflows:

Inventory Acquisitions       $5,800       $7,000               $6,200

Operating Costs               $3,500       $4,600               $5,300

Total Outflows                  $9,300       $11,600              $11,500

Net Income                       $15,700      $10,400              $8,500

Carryover Balance               $20,000      $35,700            $46,100

Ending Balance                    $35,700      $46,100            $54,600

Thus,

The expected cash balance at the conclusion of September amounts to $54,600

Answer:

a-1) Present value of the installment option is $93.08.

      Present value for immediate bill payment is $90.

a2) Opting to pay the bill immediately is the preferable choice.

b-1) Present value of the installment option amounts to $88.65.

b-2) In this scenario, paying in installments is the better option.

Explanation:

a-1) To determine the present value of the installment plan, the payments occur as follows: $25 immediately, followed by $25 at the end of each of the next 3 years. This setup constitutes an annuity due, and the present value can be calculated as follows:

PMT denotes the annuity payment at the start of each period, which is $25.

             i signifies the interest rate compounded per period.

=0.05

            n represents the number of payment periods, which amounts to 4.

Present value = =$93.08

The present value of immediate bill payment equals $100, reduced by the 10% discount, calculated as $100 * 0.9 = $90.

a-2) Paying immediately is advantageous since it costs $90 compared to the $93.08 present value of installments.

b1) If the installment payments do not commence for another year, the present value of the payment series is computed as:

                                          =

                                          = = 88.65

b-2) In this instance, paying via installments is better as it is less expensive at $88.65 compared to the immediate payment's present value at $90.

Answer:

d. pertains to a firm's distinctive methods for creating additional value.

Explanation:

Competitive advantage refers to the edge a company has over its rivals. This can be achieved through various means such as providing value products, optimal quality, and excellent services that may entice customers away from competitors to their advantage.

The goal is to generate added value for the company's offerings, utilizing innovative concepts to attract customers and enhance satisfaction, ultimately leading to the fulfillment of corporate objectives.

Answer:

I believe the correct answer is e) ad analysis

Explanation:

She conducted a survey among a group of individuals. Following this, she recommended to her company the development of a customizable travel app.