Geneva company manufactures dolls that are sold to various customers. the company works at full capacity for half the year to meet peak demand, and operates at 80% capacity for the other half of the year. the following information is provided: units produced and sold 600,000 units selling price $ 35 / unit variable manufacturing costs $ 20 / unit fixed manufacturing costs $ 1,200,000 / yr. variable selling and administrative costs $ 6 / unit fixed selling and administrative costs $ 950,000 / yr. geneva receives a purchase order to make 5,000 dolls as a one-time event. the good news is that this order is during a period when geneva does have excess capacity. what is the lowest selling price geneva should accept for this purchase order? $35.00 $26.00 $29.50 $23.50
Answers: 3
Business, 21.06.2019 19:40
Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.
Answers: 3
Business, 21.06.2019 21:00
Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?
Answers: 2
Business, 22.06.2019 11:00
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Answers: 1
Business, 22.06.2019 20:30
Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets.b. an increase in accrued liabilities.c. an increase in notes payable.d. an increase in accounts receivable.e. an increase in accounts payable.
Answers: 3
Geneva company manufactures dolls that are sold to various customers. the company works at full capa...
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