Answer:
Total cost of operating the video store is $110,000
Explanation:
You decided to leave your job and operate a video rental store in the office space you inherited. You would not received the annually income from your job and rent commercial real estate.
Total income lost = $55,000 + $25,000 = $80,000
Total cost of operating the video store = Total income you lost + total costs for video purchases, utilities, taxes, and supplies = $80,000 + $30,000 = $110,000
Answer:
Manufacturing cost= $92.5
Explanation:
Giving the following information:
Predetermined overhead rate= $4.2 per machine hour
Job 664:
2.5 machine hours
$26.00 of direct materials
4 hours of direct labor for $14 per hour.
<u>To allocate overhead, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4.2*2.5= $10.5
<u>Now, the manufacturing cost:</u>
Manufacturing cost= 10.5 + 26 + 4*14
Manufacturing cost= $92.5
Answer:
d. Fixed Costs/(Price – Marginal Costs)
Explanation:
The break-even quantity is the number of units produced and sold at which net income is zero. it is the point at which revenues equals cost.
Break even quantity = Fixed Costs/(Price – Marginal Costs)
or Fixed cost / contribution margin
Answer:
he was not doing his job right? im sorry if this is wrong
Explanation:
Answer:
B. amount by which consumption increases when disposable income increases by $1
Explanation:
As people has an archetypical choise betwene consume(use) or save (don't use) their income. Economics state there is a marginal prpensity in the agent to consume while other save but of these add to 1 as both options add to the entire income.
hus when income increase by $1 the marginal propensity to consume are the cent used while marginal propensity to save are the cent which are not used.
