Answer:
C : $6,375,000
Explanation:
The static budget revenue is the revenue resulting of the predicted sales volume selling at the predicted price per unit.
In this case, Hat Trick Manufacturing expected to sell 75,000 units at a price of $85 per unit.
The company's static budget is:
The answer is C : $6,375,000.
Answer:
Accounting profit= $70,000
Explanation:
Giving the following information:
If your revenue during the first year of business is $75,000, and you incurred $5,000 in expenses for equipment and supplies, how much is your accounting profit
<u>The accounting profit does not include the opportunity cost of leaving the accounting job. In this case, the accounting profit is:</u>
Accounting profit= revenue - costs
Accounting profit= 75,000 - 5,000
Accounting profit= $70,000
Answer:
-$4.9 per share
Explanation:
Albrecht Corporation.
Net Loss per Share:
= - $1,862,000/ [($373,000*5/12)+($385,000*7/12)]
=-$1,862,000/$155,417+$224,573
=-$1,862,000/$380,000
=-$4.9 per share
Therefore Albrecht net loss per share for the year end december 31 2021 will be -$4.9 per share
Management accounting is an area of accounting known for providing information to internal users.
<h3>What is management accounting?</h3>
Management Accounting is an area of accounting that refers to providing information to support internal management decisions. This accounting assist managers identify problem areas in budgeting and then develop a different plan to addressing those problems.
The role of management accounting includes:
- Monitoring costs
- Conduct audits
- Identify past trends and predict future needs.
Therefore, the area of accounting concerned with providing internal users with information is known as management accounting.
Learn more about management accounting here : brainly.com/question/1283492
Answer:
Traditional IRA
Explanation:
Traditional IRA is an individual retirement account that is held at a custodian institution such as a bank. The funds can be invested in various assets such as certificate of deposit, stocks and mutual funds to generate interest.
It is simpler to enroll with than the Roth IRA and the only requirement is the fund to be invested. Transactions in the account are not subject to taxation. Taxes only apply at withdrawal.
The traditional IRA will be the best option for this person because of the ease of enrollment and freedom from taxes on transactions.
