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OleMash [197]
3 years ago
12

If John can produce a good in less time than Fred then he has an absolute advantage in producing that good. True or False

Business
1 answer:
kogti [31]3 years ago
4 0

Answer:True

Explanation:

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Garden Corporation uses cost-plus pricing with a 30% mark-up. The company is currently selling 12,000 units at $21.45 per unit.
mel-nik [20]

Answer:

$23.44

Explanation:

The computation of profit charge per unit for earning same annual profit is shown below:

Given that

No of Units Sold =       12,000

Sale Price of each Unit   = $21.45

Variable Cost     = 11.50

So,

Contribution Per Unit is

= Selling price per unit - variable cost per unit

= $21.45 - $11.50

= $9.95

So,

Total Contribution  is

= 12,000 units × $9.95

=  $119,400

And,

Fixed Costs for the year is $60,000

So, the Profit for the year is

= Contribution margin - fixed cost

= $119,400 - $60,000

= $59,400

Now If the demand for the product falls to 10,000 Unit  

So we assume Number of units expected to be sold is10,000

Since Variable cost Per Unit  is 11.50

So, the Total Variable Cost is

= 10,000 units × $11.50

= $115,000

And,

Fixed Cost per annum  $60,000

Expected Profit        $59,400

So, the total amount is

= $115,000 + $60,000 + $59,400

= $234,400

So, the price per unit charged is

= $234,400 ÷ 10,000 units

= $23.44

3 0
3 years ago
On January 1, 2017, Alison, Inc., paid $79,100 for a 40 percent interest in Holister Corporation’s common stock. This investee h
puteri [66]

Answer:

1. Equity valuation in 2018/= $108,100

2. Net income based on fair value = $7,900

Answer:

A. Equity valuation

2017 net income:

Net income = 40% x $41,750 = $16,700

Less dividend = 40% x $14,000 = -$5,600

Net transferrable income = $11,100

2018 net income:

Net income = 40% x $64,000 = $25,600

Less dividend = 40% x $19,000 = -$7,600

Net transferrable income = $18,000

Investment Valuation:

Year 0 = $79,100

Year 1 = $79,000 + $11,100 = $90,100

Year 2 = $90,100 + $18,000 = $108,100

B.

Fair Valuation method

Closing valuation = $99,000

Less Opening valuation = $91,900

Income recognized in 2018 = $7,100

Explanation:

The equity method of investment valuation requires that the Net Income accruing to the Investee be added to his investment cost and the dividend thereof (if any) be deducted from the same. This gives an equity valuation of the invested sum

fair value on the other hand is based upon the understanding of the market by the parties to a deal; and it's a value the market is thus willing to give in exchange for the shares in hand.

5 0
3 years ago
Rice is the world's third-largest crop behind _____.
yulyashka [42]
It is wheat and corn
7 0
3 years ago
Read 2 more answers
What is the best suggestion to give a seller if an interested party shows up at their front door unannounced
pentagon [3]

The best suggestion to give a seller if an interested party shows up at their front door unannounced is to get the name of the person and then call your office immediately so an estate agent can come to do the showing.

A real estate agent allows his or her customers to purchase, rent, or sell homes. They recommend to customers about market situations, and behavior walkthroughs, and provide steering and assistance through the manner of purchasing, selling, or leasing homes.

The most common motive a property fails to sell is an unreasonable asking fee by way of the seller. An asking charge that is too high is the most effective way to increase your days on market and have a "non-starter" listing that buyers simply forget about.

The method must you're taking while the listing is about to expire is to timetable a meeting together with your dealers some weeks before the listing is set to run out and review with them your previous marketing plan.

Learn more about real estate here brainly.com/question/5053499

#SPJ4

4 0
2 years ago
The following is the adjusted trial balance for Stockton Company. Stockton Company Adjusted Trial Balance December 31 Cash 5,649
Gennadij [26K]

Answer:

Stockton Company

The net income (loss) for the period is:

= d. Net income $5,162

Explanation:

Stockton Company Adjusted Trial Balance December 31

Cash                               5,649

Accounts Receivable    2,468

Prepaid Expenses            660

Equipment                    14,231

Accumulated Depreciation        2,782

Accounts Payable                       1,745

Notes Payable                           4,564

Common Stock                          1,000

Retained Earnings                    8,538

Dividends                       783

Fees Earned                             8,977

Wages Expense        2,286

Rent Expense               765

Utilities Expense          426

Depreciation Expense 267

Miscellaneous Expense 71

Totals                      27,606 27,606

Income Statement

For the year ended December 31

Fees Earned                             8,977

Wages Expense        2,286

Rent Expense               765

Utilities Expense          426

Depreciation Expense 267

Miscellaneous Expense 71     3,815

Net income                             5,162

5 0
3 years ago
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