Answer:
The number of units must be sold to yield a target operating income of $26,000: 5,600 units
Explanation:
Contribution margin per unit = Sales price – Variable cost per unit = $32-$27=$5
The number of units must be sold to meet the target income figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted income) / Contribution margin per unit = ($2,000 + $26,000)/$5 = 5,600 units
The answer for Equivalent units for the period will be calculated as follows under FIFO
1. Units from beginning work in process: calculate this as beginning work in process units x (100% – given % complete) to calculate the amount of additional work needed to make the unit 100% complete.2. Units in progress and completed this period: take the units x 100% complete since they were started and completed they have received all of their materials, labor and overhead and will not receive any more since they are finished.3. Units in Ending work in process: take the ending work in process units x a given % complete.
Solution by step:
Equivalent units = 1. (5,000 × 40%) +2. (31,000 – 5,000) (Since there is a beginning work in process deduct this from the units completed) +3. (2,000 × 80%)
= 2000 + 26000 + 1600
Answer = 29,600 units
Answer:
Minimize the inefficiency of duplicated efforts across multiple locations
Explanation:
First of all, a conglomerate merger happens when two corporations that serve completely different markets and produce totally different products unite.
The main advantages of this not so common merger, are that:
- increased diversification: they are entering new markets and producing new products.
- increased efficiency: by joining forces, synergy may result and efficiency and productivity will increase. Duplicated efforts are eliminated, reducing costs.
- Expanded customer base: similar reasons than point 1.
- Lower operational risk: the same as with a diversified investment portfolio, a diversified portfolio of products and services reduces risks.
Answer:
$5749.02
Explanation:
The first step is to determine the future value of my sister's deposit
The formula for calculating future value:
FV = P (1 + r)^n
FV = Future value
P = Present value
R = interest rate
N = number of years
5500 (1.088)^6 = $9122.97
the second step is to determine the present value of $9122.97 using an interest rate of 8%
$9122.97 / (1.08)^6 = $5749.02
