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JB

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Jordan and Paul,a married couple,have taxable income of $46,625,which is taxed as follows: $18,650×10%=$1,865.00($46,625−$18,650) ×15%=4,196.25 Total tax liability $6,061.25\begin{array}{lr}\$ 18,650 \times 10 \%=&\$1,865.00\\(\$ 46,625-\$ 18,650) \times 15 \%=&4,196.25\\\text { Total tax liability }&\$6,061.25\end{array}$18,650×10%=($46,625$18,650) ×15%= Total tax liability $1,865.004,196.25$6,061.25
Their marginal tax rate is:

A) 10%.
B) 12.5%.
C) 13%.
D) 15%.

On Jun 21, 2024


D
JB

Answered

Adrian operates a recycled metals business and contracts to provide ten tons of scrap steel at $500 per ton to be delivered to Build-It-Rite Materials Inc. in seven months. An unforeseen shortage of scrap steel suddenly develops, making it impossible for Adrian to fulfill the contract for less than $5,000 per ton. Adrian's best defense against performing the contract would be that

A) performance of the contract is commercially impracticable.
B) procuring the steel would force the seller into bankruptcy.
C) the law has rendered performance of the contract illegal.
D) the specific subject matter of the contract has been destroyed.

On Jun 21, 2024


A
JB

Answered

Fixed costs should not be ignored when evaluating how well a manager has controlled costs.

On Jun 17, 2024


True
JB

Answered

Daily usage of a product is 20 units. Since the plant operates 250 days per year, this leads to annual usage of 5000 units. Setup cost is $100 and annualized carrying cost is $90. Daily production of this product is 75 units. Lead time is eleven days, and safety stock is six day's production. What is optimal kanban size? What is the optimal number of kanbans?

On May 22, 2024


 Setup Cost 100 Annual Holding Cost 90 Daily Production 75 Annual Usage 5000 Daily Usage 20 Lead Time 11 Safety Stock (in days) 6 Days per year 250\begin{array} { | l | r | } \hline \text { Setup Cost } & 100 \\\hline \text { Annual Holding Cost } & 90 \\\hline \text { Daily Production } & 75 \\\hline \text { Annual Usage } & 5000 \\\hline \text { Daily Usage } & 20 \\\hline \text { Lead Time } & 11 \\\hline \text { Safety Stock (in days) } & 6 \\\hline \text { Days per year } & 250 \\\hline\end{array} Setup Cost  Annual Holding Cost  Daily Production  Annual Usage  Daily Usage  Lead Time  Safety Stock (in days)  Days per year 1009075500020116250 Results
 Kanban size 123.0913 Number of  Kanbans 1.836033\begin{array} { | l | l | } \hline \text { Kanban size } & 123.0913 \\\hline \text { Number of } & \\\text { Kanbans } & 1.836033 \\\hline\end{array} Kanban size  Number of  Kanbans 123.09131.836033 2 Kanbans
JB

Answered

Explain the difference between product innovations, process innovations, and managerial innovations, and give an example of each.

On May 18, 2024


Product innovations have a direct impact on the cost, quality, style, or availability of a product or service.Examples include DVD, HDTV, and cellular telephones.Process innovations are new ways of designing products, making products, or delivering services.Some examples are CAD, TQM, and flexible manufacturing.Managerial innovations are new forms of strategy, structure, human resource systems, and managerial practices that facilitate organizational change and adaptation.Examples include job enrichment, participation, reengineering, and quality programs.