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Darya [45]
4 years ago
9

EA17.

Business
1 answer:
exis [7]4 years ago
5 0

Answer:

$500 (Favorable)

Explanation:

Given that,

Production cost = $7 per unit

Fixed costs = $23,000 per month

Units produced = 5,500

Actual total costs = $61,000

Standard cost = Fixed cost + Variable cost

                        = $23,000 + ($7 × 5,500)

                        = $23,000 + $38,500

                        = $61,500

Variance = Standard cost - Actual total costs

               = $61,500 - $61,000

               = $500 (Favorable)

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5 0
3 years ago
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The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, whil
SpyIntel [72]

Answer:

3.27

Explanation:

Calculation to determine the enterprise value-EBITDA multiple for this company

First step is to calculate the

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Using this formula

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Let plug in the formula

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Let plug in the formula

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8 0
3 years ago
To exercise due care, an accountant should
Snowcat [4.5K]
The answer to this is C
4 0
4 years ago
Kevin Hall is saving for an Australian vacation in three years. He estimates that he will need $5,920 to cover his airfare and a
andrew11 [14]

Answer:

$1,779.90

Explanation:

Formula for finding the amount he has to save, this formula would be used :

Amount = FV / annuity factor

Annuity factor = [(1 + r)^n - 1 / r]

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4 0
4 years ago
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kari74 [83]

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3 years ago
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