Shoemakers of america forecasts the following demand for the next six months: 5000 pairs in month 1; 6000 pairs in month 2; 7000 pairs in month 3; 9000 pairs in month 4; 6000 pairs in month 5; 5000 pairs in month 6. it takes a shoemakers half an hour to produce a pair of shoes. each shoemaker works 150 hours per month plus up to 40 hours per month of overtime. a shoemaker is paid a regular salary of $2000 per month plus $20 per hour for overtime. at the beginning of each month, shoemakers can either hire or fire workers. it costs the company $1000 to hire a worker and $1200 to fire a worker. if there is any leftover inventory at the end of the month, the monthly holding cost per pair of shoes is $1.20. the raw materials in a pair of shoes cost $10. at the beginning of month 1, shoemakers has 15 workers and 500 pairs of shoes in inventory.
determine how to minimize the cost of meeting (on time) the demands the next six months.
Answers: 2
Business, 22.06.2019 15:20
Martinez company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 pretax financial income $873,000 $866,000 $947,000 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."
Answers: 3
Business, 23.06.2019 02:20
Which one of the following is not a typical current liability? a. interest payable b. current maturities of long-term debt c. salaries payable d. mortgages payable
Answers: 3
Business, 23.06.2019 22:00
Marc, a single taxpayer, earns $100,000 in taxable income and $10,000 in interest from an investment in city of birmingham bonds. using the u.s. tax rate schedule for year 2017, what is his average tax rate
Answers: 2
Business, 23.06.2019 22:00
If 12 million pairs of shoes are sold, , which means that: it would be more efficient for society to devote fewer resources to the production of shoes. it would be fairer for society to devote fewer resources to the production of shoes. society is currently devoting the efficient quantity of resources to the production of shoes. it would be fairer for society to devote more resources to the production of shoes. it would be more efficient for society to devote more resources to the production of shoes.
Answers: 3
Shoemakers of america forecasts the following demand for the next six months: 5000 pairs in month 1...
Computers and Technology, 02.11.2020 21:50
Health, 02.11.2020 21:50
Mathematics, 02.11.2020 21:50
Mathematics, 02.11.2020 21:50
English, 02.11.2020 21:50
Business, 02.11.2020 21:50
History, 02.11.2020 21:50
Arts, 02.11.2020 21:50
Chemistry, 02.11.2020 21:50
Arts, 02.11.2020 21:50
Computers and Technology, 02.11.2020 21:50
Mathematics, 02.11.2020 21:50
Computers and Technology, 02.11.2020 21:50
Mathematics, 02.11.2020 21:50