Answer:
D. Selling the units at $28 will generate the largest profit.
Explanation:
Explanation : Profit = [ ( selling price per unit - variable cost per unit) * units ] - Fixed Cost
Profit at $28 selling price = [ ($28 - $18) * 50,000 units ] - $275,000 = $225,000
Profit at $23 selling price = [ ($23 - $18) * 100,000 units ] - ($275,000 + $100,000) = $125,000
Profit at $25 selling price = [ ($25 - $18) * 75,000 units ] - ($275,000 + $100,000) = $150,000
Thus we can see that profit is largest at $28 per unit selling price
Answer: Apple
Explanation:
It is a high profile, thriving company.
Answer:
The correct answer is option b.
Explanation:
The primary security market refers to the part of the capital market where the securities are initially issued. It is the market where the securities are created.
In this market, the companies issue their securities such as bonds and stocks as initial public offerings. It is also called the new issue market. In this market, the newly issued securities are directly sold by the issuers to the investors.
These securities then are traded in the secondary market by the investors. The secondary markets are stock markets such as NYSE and NASDAQ.
Answer:
d. Under Dodd-Frank, Jack and Jason will be required to pay back the extra compensation they received as a result of the falsified earnings.
Explanation:
Generally Accepted Accounting Principles (GAAP) earnings refers to standards that are commonly accepted and used financial reporting by publicly traded companies.
On the other hand, non-GAAP earnings refers ton an alternative accounting method employed by companies to measure the earnings especially by excluding one-time transactions like an organizational restructuring.
A non-GAAP method adjusts similar GAAP measure which are reported on the audited financial statements such as earnings before interest, taxes, depreciation and amortization (EBITDA) but it not backed by law.
Because non-GAAP measure is not backed by law, it can produce a misleading report when items that have impact on GAAP earnings are excluded.
As a result of non-GAAP method, many companies were affected during the Great Recession in the US leading to the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act (shortened to Dodd-Frank). the major aim of Dodd-Frank was to change federal financial regulatory agencies and almost all parts of the financial services industry of the US. One of the provisions of the Dodd-Frank is to require to pay back any compensation got through falsification of document.
Given the above, Jack and Jason will be required to pay back the extra compensation they received as a result of the falsified earnings under Dodd-Frank.
Answer:
Product D
Explanation:
The contribution margin will be used for this assessment
Contribution margin is the selling price of an item less the associated variable selling cost to determine the extra profit for each unit of an item sold.
However , the grinding hour being the constraint in this scenario , the contribution per minute of production will be used.
A B C D
Direct materials 16.60 20.50 13.50 16.20
Direct labor 18.60 22.00 16.40 10.40
Variable Man. 5.40 6.60 9.10 6.10
Variable selling C. 3.60 4.10 3.80 4.50
Selling price 83.70 76.10 72.90 67.60
Contribution/unit 39.50 22.90 30.10 30.40
Minute /unit 2.50 1.60 1.20 0.8
Contribution /min 15.8 14.13 25.08 38
Product D with the highest contribution per minute of production makes the most profitable use of the machine.