Answer:
$75 per case
Explanation:
Required: Selling Price per case
Sales – Variable cost – Fixed cost = Target desired profit
Sales = 800000 case x Selling Price (SP)
Variable cost = (800000 case x $40) + (800000 x SP x 25%)
Putting into equation:
Sales – Variable cost – Fixed cost = Target desired profit
(800000 x SP) – [(800000 x 40) + (800000 x SP x 25%)] - $8000000 = $ 5000000
>800000SP – (32000000 + 200000SP) – 8000000 = 5000000
>800000SP – 32000000 – 200000SP – 8000000 = 5000000
>800000SP – 200000SP = 5000000 + 8000000 + 32000000
>600000SP = 45000000
>SP = 45000000 / 600000
>SP = $ 75
The answer is sociocultural dimension. This dimension is
being defined as somewhat the individual all access to progress, completion and
even obstacles in which is one way of putting importance to it as this shows an
individual’s way of encompassing factors that may go in his or her way.
Answer:
a- monopolistic competition
b- perfect competition
c- monopoly
d- oligopoly
Explanation:
Industry A is a monopolistically competitive industry
Industry B is a perfectly competitive industry
Industry C is a monopoly industry
Industry D is an oligopoly industry
Answer:
Acton Corporation
The overhead for the year was:
$1,208 overapplied
Explanation:
a) Data and Calculations:
Estimated manufacturing overhead $361,260
Estimated machine-hours 2,700
Predetermined overhead rate = $361,260/2,700 = $13.38
Actual manufacturing overhead $354,700
Actual machine-hours 2,660
Overhead applied = Actual machine hours * Predetermined overhead rate
= 2,660 * $13.38
= $355,908
Overapplied overhead = Overhead applied minus Actual overhead
= $355,908 - $354,700
= $1,208
