Answer:
Explanation:
Consumption $ 670
Investment $ 0
Government Purchases $ 0
Imports $ 1200 (40 bottles * $30)
Exports $ 1000 (200 plugs * $5)
Net Exports $ (200). This is negative as imports are greater than exports.
Gross Domestic Product (GDP) $470.
{GDP formula : Consumer expenditure + Investment expenditure + Government expenditure + Total exports - Total imports.
GDP: 670 + 1000 - 1200 = 470}
It would take 34.5 years for a population of 550 moose to double if 25 offspring are born and 14 moose die on average per year.
Explanation:
For DARK CHOCOLATE A. DIRECT LABOR RATE VARIANCE.= (Stadard Rate- Actual Rate) * Actual Hour DIRECT LABOR RATE VARIANCE.= (15.50-15.25) * 2360 DIRECT LABOR RATE VARIANCE.= $ 590 Favorable A. DIRECT LABOR TIME VARIANCE = ( Standard Hour - Actual Hour) * Standard Rate DIRECT LABOR TIME VARIANCE = (5000*0.50 - 2360) * 15.50 DIRECT LABOR TIME VARIANCE = ( 2500 - 2360) * 15.50 DIRECT LABOR TIME VARIANCE = $ 2170 Favorable A. DIRECT LABOR TOTAL VARIANCE= ( Standard Hour * Standard Rate - Actual Hour* Actual Rate) DIRECT LABOR TOTAL VARIANCE= ( 2500*15.50 - 2360*15.25) DIRECT LABOR TOTAL VARIANCE= $ 2760 Favorable For LIGHT CHOCOLATE A. DIRECT LABOR RATE VARIANCE.= (Stadard Rate- Actual Rate) * Actual Hour DIRECT LABOR RATE VARIANCE.= (15.50-15.80) * 6120 DIRECT LABOR RATE VARIANCE.= $ 1836 Unfavorable A. DIRECT LABOR TIME VARIANCE = ( Standard Hour - Actual Hour) * Standard Rate DIRECT LABOR TIME VARIANCE = (10000*0.60 - 6120) * 15.50 DIRECT LABOR TIME VARIANCE = ( 6000 - 6120) * 15.50 DIRECT LABOR.
First, you'll want to break down each item:
Sale price of a bear - $35
Fixed cost - $1,500
Variable cost of a bear - $24
If she sells 275 bears next month we will determine:
Margin of safety in units
Margin of safety in sales dollars
Margin of safety as a percentage of sales
Next, we will determine the dollar amount of sales and costs by multiplying the units sold by the price sold/cost of good
275 x $35 = $9,625
275 x $24 = $6,600
Fixed costs = $1,500
To find the margin of safety as a percentage of sales we will subtract the breakeven point from the current sales level and then divide by the current sales level
(Current sales level - breakeven point)/current sales level
$9,625 - $8,100 (fixed costs + cost of good)/ $9,625 =
15.84% is the margin of safety as a percentage
To find the margin of safety in unites we will subtract the breakeven point from the current sales level and then divide by the price per unit sold
$9,625 - $8,100 / 35 = 43.57 units is the margin of safety as a unit
To find the margin of safety in sales dollars we will subtract the breakeven sales from actual sales
$9,625 - $8,100 = $1,525 is the margin of safety in sales dollars
You can also find the margin on sales as a percentage after finding the margin of safety in sales dollars by taking the margin of safety in sales dollars and dividing it by the actual sales and then multiplying it by 100.
$1,525/$9,625 = 0.1584 x 100 = 15.84%
