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21 day ago

Tony and Suzie see the need for a rugged all-terrain vehicle to transport participants and supplies. They decide to purchase a u

sed Suburban on July 1, 2022, for $12,000. They expect to use the Suburban for five years and then sell the vehicle for $4,500.
The following expenditures related to the vehicle were also made on July 1, 2022: The company pays $1,800 to GEICO for a one-year insurance policy. The company spends an extra $3,000 to repaint the vehicle, placing the Great Adventures logo on the front hood, back, and both sides. An additional $2,000 is spent on a deluxe roof rack and a trailer hitch. The painting, roof rack, and hitch are all expected to increase the future benefits of the vehicle for Great Adventures. In addition, on October 22, 2022, the company pays $400 for basic vehicle maintenance related to changing the oil, replacing the windshield wipers, rotating the tires, and inserting a new air filter. Record the expenditures related to the vehicle on July 1, 2022. Note: The capitalized cost of the vehicle is recorded in the Equipment account. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

Business

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ake’s Cabins is a small motel chain with locations near the national parks of Utah, Wyoming, and Montana. The chain has a total

arsen [3447]

Answer: 12750

Explanation:

According to the information provided, Jake’s Cabins is a modest motel chain located close to the national parks in Utah, Wyoming, and Montana, and the recorded data for guest nights in June is as follows:

4400, 3600, 2250, 2400, and 100.

To calculate the total guest nights for June, we will sum these amounts. This calculation results in:

= 4400 + 3600 + 2250 + 2400 + 100

= 12750

Thus, the total guest nights for June amount to 12750

3 0

2 months ago

Evaluate the current China/Taiwan logistics costs. Assume a current total volume of 190,000 CBM and that 89 percent is shipped d

Mariulka [3825]

Answer:

The overall expenditure for transporting the containers to the U.S. amounts to $2,594,930

Explanation:

Consider the following details about Company WWG:

Total Current volume (CBM) = 190,000

Percentage shipped directly = 0.89

Volume shipped directly (CBM) = 169,100

Volume at consolidation center = 190,000 - 169,100 = 20,900

To compute the shipping expenses for the company as outlined below:

Shipping Cost calculations

Direct shipping by Container type (in Feet) 20 40

Volume (%) 0.21 0.79

Volume (CBM) = 169,100*0.21 =169,100*0.79

= 35,511 =133,589

Container capacity utilized 85% 85%

Container center by container type

Volume (%) = 100

Volume (CBM) = 20,900

Container capacity used = 96%

Container capacity (CBM) (34)

Containers shipped = 35,511/ (34*0.85) = 1,229

Shipping Cost per container = $480

Shipping Costs by container size ($) = 1,229*480 = $589,920

Container capacity (CBM) (67)

Containers shipped = 133,589/ (0.85*67) + 20,900/ (0.96*67) = 2,671

Shipping Cost per container = $600

Shipping Costs by container size ($) = 2,671*600 = $1,602,600

Calculate the total shipping cost as follows:

Total shipping fees = $589,920 + $1,602,600 = $2,192,520

Determine the operating costs for the consolidation center as follows:

Number of centers = 4

Annual fixed cost per center = $75,000

Total annual fixed costs = $75,000*4 = $300,000

Variable cost per CBM = $4.9

Total annual variable cost = 20,900*$4.9 = $102,410

Total annual consolidation center expenses = $300,000+$102,410 = $402,410

Now compute the complete cost of moving containers to the U.S. as below:

Total Cost = Total Shipping Fees + Total Annual Consolidation center Expense

= $2,192,520 + $402,410

= $2,594,930

Thus, the entire cost involved in shipping the containers to the U.S. is $2,594,930.

4 0

3 months ago

Tuttle Motorcycles Inc. manufactures and sells high-priced motorcycles. The Engine Division produces and sells engines to other

marusya05 [3725]

Response:

The lowest acceptable price is $960 per unit

Explanation:

According to the available information:

The Engine Division, which is currently functioning at full capacity, has a unit sale price of $2,550 and corresponding variable and fixed costs of $1,050 and $750 per unit, respectively. The Production Division is paying an external supplier $2,400 per unit. Internal sales would result in saving $90 per unit due to reduced selling expenses.

Considering the presence of excess capacity, fixed costs will not factor into our considerations.

Variable cost is calculated as 1,050 - 90= $960

Thus, the minimum price is set at $960

4 0

3 months ago

In the context of Herzberg's two-factor theory, ____________ are characteristics of the workplace, such as company policies, wor

Katen [3525]

The correct answer is a) hygiene factors. The two-factor theory crafted by Frederick Herzberg identifies two elements impacting job satisfaction—motivators, which provide satisfaction, and hygiene factors that can lead to dissatisfaction. In context, hygiene factors include aspects like working conditions and salary. Businesses should focus on enhancing these hygiene factors to minimize job dissatisfaction.

6 0

3 months ago

Furniture Manufacturers Inc., uses 20,000 loads of lumber per year. A load of lumber costs $500 and the carrying cost is 10 perc

Nady [3600]

a) 400 b) 300 c) 50 d) 4 Explanation: The complete breakdown of the solution is provided in the picture attached below.

8 0

2 months ago