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Alekssandra [29.7K]
3 years ago
10

Lin corporation has a single product whose selling price is $134 and whose variable expense is $67 per unit. the company's month

ly fixed expense is $32,300. 2.value: 2.00 pointsrequired information required: 1. using the equation method, determine for the unit sales that are required to earn a target profit of $7,900. (round up your answer to the nearest whole number.)
Business
1 answer:
Rashid [163]3 years ago
7 0

Answer:

600 units

Explanation:

The equation to calculate target profit is:  

S × Q = (V × Q) + F + T

  • S = sales price  
  • Q = Quantity of units
  • V = Variable expenses
  • F = Fixed expenses
  • T = Target profit

$134Q = $67Q + $32,300 + $7,900

$134Q - $67Q = $40,200

$67Q = $40,200

Q = $40,200 / $67 = 600

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In its most recent financial statements, Del-Castillo Inc. reported $65 million of net income and $950 million of retained earni
tatiyna

Answer:

$52,000,000

Explanation:

The computation of the dividend paid to the shareholders during the year is shown below:

As we know that

Ending retained earnings balance = Opening retained earning balance + net profit of the year - dividend paid

$950 million = $937 million + $65 million - dividend paid

$950 million = $1,002 million - dividend paid

So, the dividend paid is

= $1,002 million - $950 million

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5 0
2 years ago
If an oligopoly does not cooperate and each firm chooses its own quantity, the industry will produce a quantity of output that i
Whitepunk [10]

Answer:

a. less than; more than 

Explanation:

An oligopoly is when there are few large firms operating in an industry.

A competitive industry is when there are many buyers and sellers of homogenous goods and services.

A Monopoly is when there is only one firm operating in an industry.

An oligopoly firm can choose to cooperate with other firms in the industry or not cooperate.

If firms do not cooperate they produce more goods than if they cooperated. The quantity produced can never be as much as that of a competitive firm because the number of producers in an oligopoly is less than that in a competitive firm.

The output would be more than the quantity produced by a monopoly because the number of producers in an oligopoly is more than that in a monopoly.

I hope my answer helps you.

6 0
2 years ago
In April, one of the processing departments at Terada Corporation had beginning work in process inventory of $37,000 and ending
Alborosie

Answer:

total cost to be accounted = $297000

Explanation:

given data

beginning work in process inventory = $37,000

ending work in process inventory = $43,000

costs added to production = $260,000

cost of units transferred out = $254,000

solution

we get here  total cost to be accounted that is express as

total cost to be accounted = ending work in process inventory + cost of units transferred out   ......................1

put here value and we will get

total cost to be accounted = $43,000 + $254,000

total cost to be accounted = $297000

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Answer:

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Compared to the McLaren, the Lamborghini has less power, a heavier engine, and less active aerodynamic designs. This allows the Huracán Performante to be an excellent supercar with extreme sounds, feels, and the excitement of a Lamborghini, but in performance the McLaren is superior.

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3 years ago
Public policy toward monopolies Suppose that there is only one provider of a service in a state. Because this provider experienc
Leto [7]

Answer: d. Regulate the firm's pricing behavior.

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One way the government can regulate monopolies is to protect the interests of the consumers who are usually the end users. The government have the market power to set prices higher than normal in a competitive market. Thjs can be achieved by Price capping or limiting price increases. As this helps Regulate the firm's pricing behavior.

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