True or false: capitalism is a competitive economic system in which private citizens own the factors of production

Goshford Company produces a single product and has capacity to produce 105,000 units per month. Costs to produce its current sal

Salsk061 [2.6K]

Answer:

Net income= $4,836,200

Explanation:

Giving the following information:

Offer:

21,000 units for $77.4

An increase in variable cost= $7.6 per unit

Direct materials $ 12.50 $ 1,050,000

Direct labor 15.00 1,260,000

Variable manufacturing overhead 14.00 1,176,000

Fixed manufacturing overhead 17.50 1,470,000

Variable selling and administrative expenses 14.00 1,176,000

Fixed selling and administrative expenses 13.00 1,092,000

Totals $ 86.00 $ 7,224,000

First, we need to calculate the effect on the income of accepting the offer:

Effect on income= 21,000*77.4 - 21,000*(12.5 + 15 + 14 + 14 + 7.6)

Effect on income= 1,625,400 - 1,325,100

Effect on income= 300,300

Net income= 84,000*140 + 300,300 - 7,224,000

Net income= $4,836,200

6 0

3 years ago

On January 1, 2021, PokemonGo Company leased equipment to Waldo Corporation under a lease agreement that qualifies as an operati

ankoles [38]

Answer:

Investment in bonds= 4,300,000

loss on investments (6,100,000-4,300,000= 1,800,000)

The unrealized holding loss ($1,800,000) on transfer to a new category of trading securities is included in income.

Explanation:

how I know is bc I've been playing the moblie game and card game since it became popular also been hearing daily about the moblie game

8 0

3 years ago

Vogel Corporation's cost of goods manufactured last month was $136,000. The beginning finished goods inventory was $35,000 and t

rosijanka [135]

Answer:

117,000 adjusted COGS

Explanation:

$$$Beginning Inventory + Manufactured = Ending Inventory + COGS$

35,000 + 136,000 = 48,000 + COGS

COGS = 123,000 before adjustment

overapplied overhead for 6,000

This means the applied is higher than actual expenses, the cost is 6,000 lower we must decrease the COGS

123,000 - 6,000 = 117,000 adjusted COGS

6 0

3 years ago

What is the oldest retailer still operating in the u.S.?

Tom [10]

Answer:

Brook brothers is the oldest that is still doing business today

First store was open in 1818

3 0

3 years ago

__________ is a type of segmentation in which the company strategically focuses on targeting a smaller market with particular ne

ludmilkaskok [199]

Answer:

niche marketing

Explanation:

Niche marketing -

It refers to as one of the subset of the market , which focus on certain products , is referred to as niche marketing . It is also known as small market segment .

It tries to focus on some specific needs of the market , the production and quality of the goods and services .

It tries to support smaller companies in order to live with the highly competitive market .

Hence , from the given scenario of the question ,

The correct answer is niche marketing .

7 0

3 years ago