Answer:
A. 736 units.
Explanation:
Operating income, also known as Earnings Before Interest and Taxes, is the income that company generates after paying for its manufacturing, operating, and administrative expenses. It is calculated as:
Operating Income = (SP * Q) - (VC * Q) - Fixed cost
where
SP = Selling Price
Q = Target Quantity
VC = Variable cost
It means that the equation requires us to put the values of SP and VC. We are provided with sales revenue and variables costs at 700 units. This information will be used to calculate the required input variables. We know that;
Sales revenue = SP * Q
Variable cost = VC * Q
Simply put values and you will find that the SP is equal to $128.57, whereas variable cost is $42.86.
Now as we have all the values to calculate the Target quantity, put values in the equation:
⇒ 41,000 = (128.57 * Q) - (42.86 * Q) - 22,000
OR 41,000 + 22,000 = Q (128.57 - 42.86)
OR 63,000 = Q (85.71)
⇒ Target quantity = Q = 736 units.
Lenders who foreclose on FHA-insured loans are compensated with the outstanding sum plus expenses.
<h3>What is a loan with FHA insurance?</h3>
An FHA-approved lender offers a mortgage loan that is guaranteed by mortgage insurance from the US Federal Housing Administration. Lenders are safeguarded from losses through FHA mortgage insurance. A government-backed mortgage that is insured by the Federal Housing
Administration is known as an FHA loan. FHA home loans are particularly well-liked by first-time homeowners since they have lower minimum credit score requirements and down payments than many conventional loans. Lenders are safeguarded from losses through FHA mortgage insurance.
If a property owner defaults on their mortgage, we'll pay a claim to the lender for the unpaid principal sum. Lenders are able to provide more mortgages to homebuyers because they are taking on less risk.
To learn more about FHA-insured loan, refer to:
brainly.com/question/24168197
#SPJ4
Answer:
A. Wholesaling
Explanation:
Wholesaling can be defined as when a producer/seller sells goods in large quantities at low prices to be sold again by the buyer for profit. It is the sale of goods to a retailer in bulk at lower prices. The retailer then repackage it (amongst other activities) and resell it in smaller quantities and higher prices.
When the Dailes restaurant sells to other restaurants it's wholesale because those restaurants then resells it. When the sell to their customers, it is retail.
Answer:
Alden Co.
Prediction of Future Fixed and Variable Costs, using the high-low method:
a) Determination of the Variable Cost:
7 362,000 $292,624
9 76,400 $67,000
285,600 $225,624
Variable cost per unit = $225,624/285,600 = $0.79
Fixed Costs = $76,000 - (76,400 x $0.79) = $15,644
Explanation:
Month Units Sold Total Cost
1 318,000 $155,500
2 163,000 99,250
3 263,000 203,600
4 203,000 98,000
5 288,000 199,500
6 188,000 110,000
7 362,000 292,624
8 268,000 149,750
9 76,400 67,000
10 148,000 128,625
11 92,000 92,000
12 98,000 83,650
The High-Low Method of determining costs can be relatively accurate if the highest and lowest activity levels represent the overall cost behavior of the company. Inaccurate results will be obtained when the two extreme activity levels are significantly unrepresentative of the dataset. This is exactly the case in this example. If you try to estimate fixed cost, at another activity level, you will get a different result. So the high-low method is not ideal in most cases and its results should not be relied on solely. A better method is to do a regression analysis with the dataset to obtain a more accurate result.