Answer: See explanation
Explanation:
a. Prepare a CVP income statement that shows both total and per unit amounts.
CVP INCOME STATEMENT
Per unit. Total
Sales (500 units). 400. 200,000
Variable expense 280 140,000
Contribution margin. 120 60,000
Fixed expense. 48,000
Net operating Income. 12,000
b. Compute Norton's breakeven in units.
Breakeven point = 48000 / 120 = 400
c. Prepare a CVP income statement for the break-even point that shows both total and per unit amounts.
CVP income statement for the break-even point
Per unit. Total
Sales (400 units). 400. 160,000
Variable expense 280 112,000
Contribution margin. 120 48000
Fixed expense. 48,000
Net operating Income. 0
Answer:
If protective import-restricting tariffs are imposed by a country, in the majority of cases that nation's consumers end up
paying a higher price for the good than they otherwise would.
Explanation:
Import-restricting tariffs increase the cost of goods and services imported from other countries. Governments have various reasons for making such impositions. Some claim that the tariffs are imposed to protect local industries or to comply with local content requirements. However, these restrictions hamper free trade. They also distort the competitiveness of nations.
Answer:
D. Smaller "communities" or "houses" should be developed to lessen the impersonal nature of large middle schools.
Explanation:
- The carnage foundation is a US-based education policy and research center that is committed to teaching and developing a network of ideas, individuals, and advanced teaching institutions.
Answer:
Make or Buy
Explanation:
Based on the information provided within the question this is known as a Make or Buy decision. Like mentioned in the question this is when a company chooses to produce a product and it's activities internally (meaning within their company or their subsidiaries) as opposed to buying it externally (outsourcing).
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Answer: $63,625
Explanation:
First calculate the new Accumulated Depreciation.
Because there was an overhaul, this overhaul Reduces the depreciation of the machinery by the amount spent on the Overhaul.
Depreciation per year using Straight line is ignoring the old salavage value,
= 900,000 / 10
= $90,000
2015 to 2021 has been 6 years so,
= 90,000 * 6
= $540,000
The overhauling reduces the Accumulated Depreciation balance by it's amount so,
= 540,000 - 193,000
= $347,000
$347,000 is the new Accumulated Depreciation.
The book value of the machinery is therefore,
= 900,000 - 347,000
= $553,000
The calculate the new depreciation expense,
= 553,000 - 44,000 (new salvage balance)
= $509,000/ 8 years ( 4 years added by overhaul and 4 years remaining from original period)
= $63,625 per year