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djyliett [7]
3 years ago
7

Llywelyn, Inc. reports the following information for​ July: Sales Revenue $ 1 comma 000 comma 000 Variable Costs 200 comma 000 O

perating Income 380 comma 000 What is the total fixed cost using variable​ costing? A. $ 420 comma 000 B. $ 800 comma 000 C. $ 180 comma 000 D. $ 580 comma 000
Business
1 answer:
trapecia [35]3 years ago
6 0

Answer:

A. $ 420,000

Explanation:

We have to find the missing information

Sales revenues            1,000,000

variable cost              <u>    (200,000)</u>

Contribution Margin       800,000

Fixed Cost                <u>            X         </u>

Operating Income          380,000

Contribution margin - operating income = fixed cost

$800,000 - $380,000 = fixed cost

fixed cost =   $420,000

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The combination of debt financing and equity financing that maximizes a firm's value is known as its:
ohaa [14]

Answer:

optimal capital structure

Explanation:

optimal capital structure can be regarded as a combination of

of debt and equity financing which brings about maximization of amarket value in a firm. It should be noted that optimal capital structure is the combination of debt financing and equity financing that maximizes a firm's value.

5 0
3 years ago
These expenditures were incurred by Carla Vista Co. in purchasing land: cash price $61,440, accrued taxes $4,720, attorney’s fee
ludmilkaskok [199]

Answer:

Cost of land = $76,240

Explanation:

Cost of land = cash price + accrued taxes + attorney's fees + broker's commission + clearing and grading

Cost of land = $61,440 + $4,720 + $2,660 + $3,360 + $4,060

Cost of land = $76,240

  • Original cost is the total price associated with the purchase of an asset.
  • The original cost of an asset takes into consideration all of the items that can be attributed to its purchase and to putting the asset to use.
  • These costs include the purchase price and such factors as commissions, transportation, appraisals, warranties and installation and testing.
  • Original cost can be used to value an asset type, including equipment, real estate and security instruments.
3 0
3 years ago
Both Justin and Craig are business majors and live in the same dorm, but Justin's room looks like a Cabela's showroom, with fish
Sladkaya [172]

Answer:

The correct answer is D

Explanation:

Lifestyle is stated or expressed in both leisure and work behavior patterns and in the values, activities, opinions, attitudes, interest and allocation of income. It also states the self image of the person.

In other words, it is the way of life created through individual, society, group or culture. It comprise of patterns of interest, work, consumption and interaction that define how the person spends their time.

So, in this case, the different in the lifestyle among Craig and Justin.

5 0
3 years ago
(1.1: Modeling) Before paying employee bonuses and state and federal taxes, a company earns profits of $103,000. The company pay
yan [13]

Answer:

Amount paid in;

Bonuses to employees = $5,150

State tax = $5,150

Federal tax = $41,200

Explanation:

The bonus paid to employees, federal tax and state tax are all a percentage of the profit made by the company.

The amount of each of these elements may be computed by applying the applicable percentage on the profit made by the company before any of these deductions.

amounts paid in;

bonuses =  5% * $103,000

= $5,150

state tax  =  5% * $103,000

= $5,150

and

federal tax =  40% * $103,000

= $41,200

8 0
3 years ago
Only one of the approaches to ethical reasoning has as its central tenet that actions are more right if they promote more happin
Mice21 [21]

Answer:

A. End-result ethics

Explanation:

7 0
3 years ago
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