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AysviL [449]
3 years ago
7

A hardware store will run an advertising campaign using radio and newspaper. every dollar spent on radio advertising will reach

60 people in the "under $30,000" market, and 40 people in the "over $30,000" market. every dollar spent on newspaper advertising will reach 80 people in the "under $30,000" market, and 20 people in the "over $30,000" market. if the store wants to reach at least 102,000 people in the "under $30,000" market and 120,000 people in the "over $30,000" market, how much should it spend on each type of advertising to minimize the cost?
Business
1 answer:
Sindrei [870]3 years ago
6 0
The answer would be 900k I thinkg
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In year 2, Sammi Corp. changes its inventory method from FIFO to the weighted-average method. Under the weighted-average method,
Dima020 [189]

Answer:

Two adjustments must be made to year 1's financial statements:

  1. The income statement must be adjusted since net income increased because cost of goods sold decreased.
  2. The balance sheet must be adjusted since retained earnings will increase because net income increased.

Explanation:

The retrospective approach hides any changes with the accounting methods, and shows the financial statements as if the new accounting method was used all along and there was no error or change.

6 0
3 years ago
On the basis of this information, what were total maintenance costs when the company experienced 23,000 machine hours of activit
spayn [35]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the total cost for each activity level:</u>

High activity level= 27,000*27.3= $737,100

Low activity level= 23,000*34.3= $788,900

<u>Now, using the high-low method, we can determine the variable and fixed costs:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (788,900 - 737,100) / (27,000 - 23,000)

Variable cost per unit= $12.95 per machine-hour

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 788,900 - (12.95*27,000)

Fixed costs= $439,250

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 737,100 - (12.95*23,000)

Fixed costs= $439,250

<u>Finally, for 25,000 hours:</u>

Total cost= 439,250 + 12.95*2,5000

Total cost= $763,000

8 0
3 years ago
A proposed new project has projected sales of $159,800, costs of $80,840, and depreciation of $5,640. The tax rate is 24 percent
never [62]

Answer:

Explanation:

In order to calculate the OCF, we first need to calculate net income.

We have:

Sales: $159,800

  • Cost:  -$80,840
  • Depreciation  $5,640

EBT : $73,320

  • Tax = $73,320*24% = $17,596.8

Net income : $55,723.2

Using the most common financial calculation for OCF, we get:

OCF = EBIT + Depreciation - Taxes

OCF = $73,320 + $5,640 - $17,596.8

OCF = $61,363.2

The top-down approach to calculating OCF yields:

OCF = Sales - Costs - Taxes

OCF = $159,800 - $80,840 - $17,596.8

OCF = $61,363.2

The tax-shield approach is:

OCF = (Sales - Costs)(1 - tC) + tCDepreciation

OCF = ($159,800 - $80,840)(1 - 0.24) + 0.24*$5,640

OCF =$61,363.2

And the bottom-up approach is:

OCF = Net income + Depreciation

OCF = $55,723.2 +$5,640

OCF = $61,363.2

Hope it will find you well

3 0
3 years ago
If 25% of the common stock of an investee company is purchased long term investment the appropriate method of accounting for the
Lina20 [59]

Answer:

b. the equity method.

Explanation:

The equity method is used when the investor company will own approximately 20% to 50% of the common stock of the investee company. This method is used because the investor company will have significant influence over the actions taken by the investee company. The investee company will generally be considered an affiliate company, but not a subsidiary.

8 0
3 years ago
Increasing the capital available to the workforce, holding other factors constant, tends to ______ total output while ______ lab
Troyanec [42]

Increasing the capital available to the workforce, and holding other factors constant, tends to increase total output while increasing average labor productivity.

How does an increase in capital affect labor?

Increases in the capital stock's ratio to labor hours worked are referred to as capital deepening. When all other factors are equal, changes in this ratio have a strong correlation with changes in labor productivity. Labor productivity rises in response to a rise in capital per hour (also known as capital deepening).

What increases labor productivity?

The development of human capital, technological advancement, and capital investment all contribute significantly to labor productivity. By making direct investments in or offering incentives for advances in technology and human or physical capital, business and the government can raise the labor productivity of their workforces.

What is total output?

There are two approaches to calculating total output: as the value of all final goods and services produced, or as the value contributed at each stage of production.

Learn more about labor productivity: brainly.com/question/15410954

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6 0
2 years ago
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