Answer:
c
Explanation
because an ice-cream cone is mostly for individual consume unlike the others
Answer:
$72,000
Explanation:
The Starting point for flexing a Budget is to determine the Standard unit Selling Price and unit Cost Prices, then apply the amounts to the actual activity/production as shown below ;
<u>Flexible-budget for the month of October</u>
Sales ($270,000/30,000 x 32,000) $288,000
Less Variable Costs ($180,000/30,000 x 32,000) ($192,000)
Contribution $96,000
Less Fixed Costs ($24,000)
Operating Income $72,000
Answer:
Instructions are below.
Explanation:
Giving the following information:
Sales (10,000 units)$350,000 ($35.00)
Variable expenses= 200,000 (20.00)
Contribution margin= 150,000 ($15.00)
Fixed expenses 135,000
Net operating income= $15,000
1) Sales= 10,100 units
Contribution margin= (10,100*15)= 151,500
Fixed costs= (135,000)
Net income= 16,500
2) Sales= 9,900 units
Contribution margin= (9,900*15)= 148,500
Fixed costs= (135,000)
Net income= 13,500
3) Sales= 9,000 units
Contribution margin= (9,000*15)= 135,000
Fixed costs= (135,000)
Net income= 0
Explanation:
The computations are shown below:
a. The market value of equity is
= $50.96 per share × 1,400,000 shares
= $71,344,000
b. The market value of debt is
= $105% × $21,100,000
= $22,155,000
c. Now the weights are as follows
Weight of equity is
= $71, 344,000 ÷ ($71,344,000 + $22,155,000 )
= 0.7630
And,
Weight of debt = 1 - 0.7630
= 0.237
