Answer:
The income before taxes for Discounted Supplies Inc is calculated as follows:
Sales - $100,000
less Variable cost - $24,500
less Fixed cost: Controllable & Uncontrollable & Unallocated - $25,500
less Operating cost - $16,400
Net Income = $33,600
Explanation:
The net income is the income before taxes. It is arrived at after deducting variable and fixed costs of sales, including operating cost.
It is based on this figure that income taxes will be levied.
The net income or income before taxes is regarded as the bottomline profit or returns or earnings that is distributable to stakeholders, including the government for taxation and the shareholders in form of dividends.
It shows the result of the efforts in running a business. A positive income before taxes shows that costs are being efficiently managed. It leaves a compensation for investors and the economy as a whole.
<span>4 days. This has to do with business management and the idea that different types of time based on the mindset varies between how much work and activity will actually be done.</span>
Answer:
The computation is shown below:
Explanation:
The computation is shown below:
Product Total Cost Total Market Lower of Total Cost or Total Market
A $1,368 $1,248 $1,248
($171 × 8 units) ($156 × 8 units)
B $10,300 $9,150 $9,150
($206 × 50 units) ($183 × 50 units)
C $11,454 $10,856 $10,856
($249 × 46 units) ($236 × 46 units)
D $5,530 $4,795 4,795
($158 × 35 units) ($137 × 35 units)
E $9,452 $10,064 $9,452
($278 × 34 units) ($296 × 34 units)
Total $35,501
If $60,000.00 is the total sales from selling toaster ovens at $16.00 each, then the total units of toaster ovens sold would be 3,750.00 units. If expenses where given, say for example, 40% of the sales, with a profit before tax of $60,000.00, then total sales should be $84,000.00 equivalent to 5,250 units of toaster ovens.
