Answer:
a. the development of railroad cars that could haul cattle.
Explanation:
The abrupt end of long distance cattle drives in 1885 was primarily due to the development of railroad cars that could haul cattle.
It was the advent of expanding rail road lines that terminated the cattle drive through Kansas because the end points of the cattle trail shifted to meet expanding railroad lines.
It was logical that as the railroads expanded to meet the cattle drive, one had to give way to the other because cattle do stray and trains could haul cattle
Answer:
The break even point in units is 24000 rooms per year.
Explanation:
The break even point in units is a point where enough units are sold to earn a revenue that covers the total cost of the business and there is neither a profit nor a loss to the business. The break even point in units can be calculated as follows,
Break even in units = Fixed cost / Contribution margin per unit
Where,
Contribution margin per unit = Selling price per unit - Variable cost per unit
So,
Contribution margin per unit = 90 - 40 = $50
Break even in units = 1200000 / 50 = 24000 units
Answer:
a. Firm M probably has a higher dividend payout ratio than Firm N.
Explanation:
The dividend payout ratio is commonly referred to a portion of the net income of the company which is paid to the various shareholders in dividends. Therefore, if we consider the statements made in the question, Firm M has a higher annual net income while the annual net income of Firm N is fluctuating, we can conclude that the dividend payout ratio of Firm M is more than that of Firm N.
Answer:
Explanation:
Overhead allocation:
Unit level = $35,960/5800 * 480 = 2,976
Batch level = 13,052/260 * 27 = 1355.4
Product level = 3,988*40% = 1595.2
Facility level = 45,600/38,000 * 12,000 = 14,400
Total overhead allocated 20,326.6
