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densk [106]
3 years ago
14

Darwin Inc. sells a particular textbook for $29. Variable expenses are $21 per book. At the current volume of 44,000 books sold

per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:______________
a) $352,000
b) $1,276,000
c) $1,628,000
d) $924,000
Business
1 answer:
Dvinal [7]3 years ago
7 0

Answer:

The answer is A

Explanation:

To start with;

Contribution margin per unit = selling price($29) - variable cost($21)

$29 - $21

= $8 per book...

So break even sales =fixed cost(expense) / contribution margin.

Break even sales is 44,000 units and contribution margin is $8.

Therefore, fixed cost or expenses=

Break even sales x contribution margin

44,000 x $8

=$352,000

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Gadget Twin Inc. has an expected net operating profit after taxes, EBIT(I-T), 12,600 million in the coming year. In addition, th
lina2011 [118]

Answer:

$10,670 million

Explanation:

The computation of the free cash flow is shown below:

= EBIT × (1 -Tax Rate) + Depreciation & Amortization - Change in Net operating Working Capital - net capital Expenditure.

= $12,600 million - $0 - $1,890 million - $40 million

= $10,670 million

We simply deduct the increase in net operating capital and the net capital expenditure from the EBIT after tax so that the accurate amount can come

All other information which is given is not relevant. Hence, ignored it

8 0
4 years ago
Miller and Sons' static budget for 10,500 units of production includes $41,000 for direct materials, $50,300 for direct labor, v
Delvig [45]

Answer:

b.direct materials of $47,248

Direct labor=$57,965

Variable Utilities=8,758

Supervisor salaries $14,600

Explanation:

Computation of flexible budget

FLEXIBLE BUDGET

Direct materials

$41,000/10,500*12,100

Direct materials= $47,248

Direct labor=50,300/10500*12100

Direct labor=$57,965

Variable Utilities

=7600/10500*12100

Variable Utilities=8,758

Supervisor salaries $14,600 Fixed cost

8 0
3 years ago
The study by economists Cox and Alm found that the 2006 pre-tax income of the richest fifth of U.S. households is a. 5 times the
umka2103 [35]
I honest have know idea what I’m doing
6 0
3 years ago
On December 31, 2020, Berclair Inc. had 400 million shares of common stock and 6 million shares of 9%, $100 par value cumulative
natulia [17]

Answer: $1.51 per share

Explanation:

Here's the question:

Compute Berclair's earnings per share for the year ended December 31, 2021.

Firstly, we.calculate the weighted average number of shares outstanding which will be:

= ( 400 × 12/12 × 1.05 ) - ( 30 × 10/12 × 1.05 ) + ( 5 × 3/12 )

= 420 - 26.25 + 1.25

= 395 million

Then, we calculate the preferred dividend which will be:

= 6 × 100 × 9%

= 6 × 100 × 0.09

= 54 million

Earnings per share will be:

= ( Net income - Preferrred dividend ) / Weighted average number of shares outstanding

= ( 650 - 54 ) / 395

= 596 / 395

= $1.51 per share

Berclair's earnings per share is $1.51 per share

8 0
3 years ago
a price ceiling imposed on a monopoly may multiple choice lead to no shortage. lead to a shortage. drive the monopolist out of b
Gelneren [198K]

A price ceiling imposed on monopoly will lead to all, i.e., lead to a shortage, no shortage and drive the monopolist out of business.

A price ceiling is the maximum amount that a seller is permitted to charge for a product or service. Price ceilings, which are typically set by law, are typically applied to staples such as food and energy products when such goods become unaffordable to regular consumers.

A price ceiling is, in essence, a form of price control. Price ceilings can be beneficial in making essentials affordable, at least temporarily. However, economists question whether such ceilings are beneficial in the long run. Price ceilings are typically imposed on consumer staples such as food, gas, or medicine, often following a crisis or specific event that causes costs to skyrocket.

Learn more about price ceiling here:

brainly.com/question/28018539

#SPJ4

6 0
2 years ago
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