FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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what is the cost to ship 2200 lbs of goods from Houston to Denver using 2 day shipping?
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- Refer to the following data of Good Food Snack House (in the photo) _____22. What is their Cash Conversion Cycle if their Operating Cycle is 135 days?A. 104 days B. 105 days C. 106 days D. 107 days _____23. What is the Average Inventory of Good Food Snack House?A. Php 1,067,570 B. Php 1,607,057 C. Php 1,765,070 D. Php 5,017,657arrow_forward3arrow_forward1. A company annually manufactures 10,000 units of a product at a cost of Rs. 4 per unit and there is home market for consuming the entire volume of production at the sale price of Rs. 4.25 per unit. In the year 2022, there is a fall in the demand for home market which can consume 10,000 units only at a sale price of Rs 3.72 per unit. The analysis of the cost per 10,000 units is: • Materials Rs.15,000 • Wages 11.000 • Fixed overheads 8,000 • Variable overheads 6,000 The foreign market is explored and it is found that this market can consume 20,000 units of the product if offered at a sale price of Rs. 3.55 per unit. It is also discovered that for additional 10,000 units of the product (over initial 10.000 units) that fixed overheads will increase by 10 per cent. Is it worthwhile to try to capture the foreign market?arrow_forward
- nkt.3arrow_forwardExquisite Exports inc. based in St-Jérôme, QC sells products to Total S.A. in Paris, France, under the following terms: Terms of sale: CPT, port of Le Havre, Incoterms 2020 20 wooden pallets with Maple syrup loaded in on 40-ft ocean container Terms of delivery: ocean freight Terms of payment: open account, net 60 days The container gets unloaded at Total’s warehouse in Paris. During the unloading process, the cargo is damaged. Who bears the loss related to this damage?arrow_forwardA transport company has a fleet of three trucks of 10 tonnes capacity each playing in different directions for transport of customer's goods. The trucks run loaded with goods and return empty. The distance travelled, number of trips made and the load carried per day each truck are as under: Truck No. One way Distance Km. 16 40 30 No. of trips per day 4 2 3 Load carried per trip/day tonnes 6 9 3 The analysis of maintenance cost and the total distance travelled during the last two years is as under : Year Maintenance Cost $ 46,050 45,175 Total distance travelled 1,60,200 1,56,700 1 Following are the details of expenses for the year under review: Diesel :$ 10 per litre. Each litre gives 4 km. per litre of diesel on an average. Drivers' Salary: $ 2,000 per month. Licence and Taxes : $ 5,000 per annum per truck. Insurance :$ 5,000 per annum for all the three vehicles. Purchase Price per Truck : $ 3,00,000. Life 10 years. Scrap value at the end of life is $ 10,000. Oil and Sundries :$ 25 per…arrow_forward
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