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3 years ago

This graph shows how mobile-phone subscriptions

Business

2 answers:

murzikaleks [220]3 years ago

8 0

Answe The answer is doubled and greater than

Explanation: because I took the test

Alex73 [517]3 years ago

3 0

Answer:

Mobile Subscriptions: Doubled

Global Population: Greater Than

Explanation:

Mobile Subscriptions: At the beginning it looks to be in between 4 and 5, then at the end it seemed to be between 8 and 9

Global Population: The orange line is above the grey line meaning that the orange line is greater than the grey line and orange stands for mobile Subscriptions and grey stand for global Population

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Sales (19,500 units at $30 per unit) $585,000 Variable expenses 409,500 Contribution margin 175,500 Fixed expenses 180,000 Net o

vichka [17]

Answer:

Automated

Sales (19,500 units at $30 per unit) $585,000 $585,000

Variable expenses 409,500 351,000

Contribution margin 175,500 234,000

Fixed expenses 180,000 252,000

Net operating loss $(4,500) $( 18,000)

New Cm ratio= Contribution Margin/ Sales Revenue

= $ 234,000 $ 585,000 = 0.4

Break-even point in dollars= Fixed Costs/ 1- (variable Cost/ Sales)

= 252,000/ 1- (351,000/ 585,000)

= 252,000/ 1-0.6

= 252,000/0.4= $ 630,000

The resulting $ 630,000 is the break even point at which neither a loss nor a profit is incurred.This can be checked as follows.

Sales $ 630,000

Variable Costs ( 60 % $ 630,000) $ 378,000

Contribution Margin $ 252,000

Less Fixed Expense $ 252,000

Profit 0

Break even point in units = Fixed Costs/ Contribution Margin in units

= $ 252,000/ (30-18)

=$ 252,000/ $ 12= 21,000 units

Two Contribution format Income Statements:

Automated

Sales (26,000 units at $30 per unit) $780,000 $780,000

Variable expenses 546,000 468,000

Contribution margin 234,000 312,000

Fixed expenses 180,000 252,000

Net operating Profit $ 54,000 $ 60,000

Working:

Variable Costs per unit = $ 409500/19500= $ 21

After reduction variable costs = $ 21- $3= $ 18

4 0

3 years ago

An associate is seeking advice on which device to purchase for a friend who is a business owner. The friend needs the ability to

Anton [14]

Answer: The following would be the best recommendation: Smart watch

Under this case the associate is purchasing the gift for his friend and from the given option it can be easily stated that smart watch will the best gift.

Smart watch will help his friend and give him the ability to chat activity while keeping in contact with the home office.

Therefore, the correct option is (a).

8 0

2 years ago

Evanson Company expects to produce 540,000 units of their product during the year. Monthly production is expected to range from

Roman55 [17]

Answer:

Evanson Company

Flexible Monthly Budget

Activity Level:

Finished goods (Units) 40,000 60,000 80,000

Variable costs:

Direct materials $560,000 $840,000 $1,120,000

Direct labor 600,000 900,000 1,200,000

Manufacturing overhead 640,000 960,000 1,280,000

Total variable costs $1,800,000 $2,700,000 $3,600,000

Fixed manufacturing

overhead 135,000 135,000 135,000

Total production costs $1,935,000 $2,835,000 $3,735,000

Explanation:

a) Data and Calculations:

Expected production units per year = 540,000

Average monthly production units = 45,000 (540,000/12)

Manufacturing costs per unit:

Direct materials $ 14

Direct labor 15

Variable manufacturing overhead 16

Fixed manufacturing overhead 3

Total yearly fixed overhead = $1,620,000 (540,000 * $3)

Monthly fixed overhead = $135,000 ($1,620,000/12)

b) A flexible budget has varying activity levels from one period to the next. One interesting feature of the flexible budget is that the variable costs are fixed per unit, but their totals vary with the volume levels. On the other hand, the fixed costs remain static in totals but vary per unit.

7 0

3 years ago

Nueva Company reported the following pretax data for its first year of operations. Net sales 7,400 Cost of goods available for s

Ludmilka [50]

Answer:

Net Income $574

Explanation:

Calculation of Nueva's net income if it elects FIFO will be :

Net sales$7,400

Less Cost of goods sold ($4,806)

($5,610 − $804)

Gross profit 2,594

Operating expenses (1,638)

Income before taxes 956

(2,594-1,638)

Income tax 382.4

(40%×956)

Net income $574

(956-382.4)

Therefore the Nueva's net income if it elects FIFO would be $574

8 0

3 years ago

While visiting a client to deliver their 2019 tax documents, one of the owners approaches you and states: "The IRS says my trave

serious [3.7K]

Answer:

Commuting refers to travelling from your home to your workplace. It generally refers to the distance that people generally travel to get to their office or any type of workplace.

While business travel refers to not only leaving your house to go to work, but actually going somewhere else to perform your regular business activities, e.g. going form one state to another to close a sale. In order for business travel to be effectively recognized as such, it must be necessary for your business activity and it should last more than one ordinary workday.

In this case, your client continuously leaves his house and goes form one state to another performing his normal business activities. This perfectly fits the IRS's definition of business travel.

Initially, you can try to solve this issue with IRS Office of Appeals (since you are right), but if that doesn't work, then you can go to Tax Court.

6 0

3 years ago