Answer:
$62
Explanation:
The computation of the maximum amount that should be willing to pay per unit is as follows:
The Relevant costs for decision making is
= Avoidable Costs + Opportunity Costs
where,
Total Avoidable Cost = Total Units Needed × ( Direct Materials + Direct Labor + Variable Manufacturing Overhead + Avoidable Fixed Manufacturing Overhead )
= 8,000 × ($14.90 + $17.50 + $1.90 + $7.50)
= $334,400.
And, the Total Opportunity Costs of Making is $161,600.
Now
Total Relevant Costs is
= $334,400 + $161,600
= $496,000.
So, the maximum per unit would be
= $496,000 ÷ 8,000
= $62
Answer:
The break even point in monthly dollar sales is closest to: $566,100 (or 3,330 units at a price of $170)
Explanation:
Hi, first let´s introduce the break-even point equation:
![BEP(units)=\frac{Fixed Expenses}{Price-VariableCost} =[Units]](https://tex.z-dn.net/?f=BEP%28units%29%3D%5Cfrac%7BFixed%20Expenses%7D%7BPrice-VariableCost%7D%20%3D%5BUnits%5D)

Therefore, let´s find the BEP in units first

So, the break even point in units is 3,330, let´s find the BEP($)

The break-even in monthly dollar sales is $566,100
Best of luck.
Answer:
$276,978
Explanation:
Statement of comprehensive income
Income before income taxes: $321,000
Income taxes expenses: $321,000*33%= $105,930
Net Income/loss= $321,000-$105,930
=$215,070
Other comprehensive income
unrealized gain on available-for-sale securities
($92,400-($92,400*33%)
=$92,400-$30,492
=$61,908
Comprehensive income:
$215,070+$61,908=$276,978
Field A B C D
Corn 40 40 30 10
Tobacco 10 40 20 30
Production possibility frontier <span>is defined as a </span>curve<span> depicting all maximum output </span>possibilities<span> for two goods, given a set of inputs consisting of resources and other factors. The PPF assumes that all inputs are used efficiently.
In the PPF, Corn data is represented by the y-axis, Tobacco data is represented in the x-axis. I simply inputted the points but didn't make the curve because there is a point that seem to go beyond the curve. Please see attachment.</span>
Answer:
Option (b) is correct.
Explanation:
Given that
Amount of merchandise purchased = $5,800
Credit terms = 2/10 and n/10
Using a perpetual system and gross method,
Therefore, the Journal entry is as follows:
On May 1,
Merchandise inventory A/c Dr. $5,800
To accounts payable $5,800
(To record the purchase of merchandise on account at May 1)