Answer:
The amount of the net income shown on the income statement is $9,000
Explanation:
The computation of the net income is shown below:
Net income = Services provided for cash = operating expenses incurred
= $45,000 - $36,000
= $9,000
According to the matching principle, the revenues of a particular period should always be matched with the expenses that are incurred in that particular year
So, the net income that is to be reported on the income statement is $9,000
Note: Options are shown in the attachment
Answer:
Variable cost per unit= $1.5
Fixed costs= $2,000
Explanation:
Giving the following information:
Miles Driven Total Cost
January 10,000 $17,000
February 8,000 13,500
March 9,000 14,400
April 7,000 12,500
<u>To calculate the variable and fixed costs under the high-low method, we need to use the following formula:</u>
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (17,000 - 12,500) / (10,000 - 7,000)
Variable cost per unit= $1.5
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 17,000 - (1.5*10,000)
Fixed costs= $2,000
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 12,500 - (1.5*7,000)
Fixed costs= $2,000
Answer:
1- Health
2- Essential
3- Warm feelings and reader benefits.
Explanation:
Build interest in your sales message by developing your central selling points with rational, emotional, or dual appeals. Rational appeals are appropriate when a product is, for example, important to <u>health</u><u>.</u> Emotional appeals are appropriate when a product is, for example,<u> essential</u> . Whether using rational or emotional appeals, remember to translate cold facts into <u>warm feelings and reader benefits</u>.
For an effective marketing message, it is necessary that rational, emotional or double appeals are correctly directed to the rational and irrational thoughts that the products arouse in the consumer.
For a health product, there must be a rational appeal, as the information contained in the sales message must be real, detailed and secure.
For an essential product, it is important that there is an emotional appeal to create feelings and expectations in the customer that make him want to obtain such a product.
Whether using rational or emotional appeals, remember to translate cold facts into warm feelings and reader benefits.
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Answer:
$26,000
Explanation:
The calculation of Net increase or decrease in income on replacement is shown below:-
Net savings in Variable cost for 4 years = Variable manufacturing costs × Life
= $19,800 × 4
= $79,200
Net Investment to be made in New machine = Initial investment of new machine - Traded in value of old machine
= $128,000 - $22,800
= $105,200
Net financial disadvantage of replacement = Net savings in Variable cost for 4 years - Net Investment to be made in New machine
= $79,200 - $105,200
= $26,000
So, for computing the net financial disadvantage of replacement we simply applied the above formula.
D.) Oil and natural gas are the two major energy sources obtained from the ocean floor.
Drilling on the ocean floor has already been done and the most abundant oil and natural gas producers are North Sea, Gulf of Mexico, Atlantic Ocean (near Brazil and West Africa), Arabian Gulf, and South East Asian Seas.
