Answer:
Net operating income= $207,500
Explanation:
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
<u>First, we will determine the total unitary variable overhead:</u>
total unitary variable overhead= 90 + 25= $115
<u>Now, we can calculate the total contribution margin:</u>
Total CM= 11,500*(220 - 115)
Total CM= $1,207,500
<u>Finally, the net operating income:</u>
Net operating income= 1,207,500 - 600,000 - 400,000
Net operating income= $207,500
Answer:
$6.9
Explanation:
If gallon of milk cost 1.12 in 1970, we can calculate the expected price in 2009 per gallon of milk using the proportion below:
2009 price/214.5 = $1.12/38.8
=>Find the expected price of 2009 by cross multiplying
38.8 × 2009 price = 1.12 × 214.5
38.8 × 2009 price = 240.24
=>Divide both sides by 38.8
2009 price = 240.24/38.8
2009 price = 6.19175258 ≈ 6.19
Expected price of gallon of milk in 2009 = $6.19
Management Information System (MIS)
I believe is your answer!
Answer:
A. Ronald Reagan
B. Barack Obama
C. Franklin D. Roosevelt
D. Lyndon B. Johnson
Explanation:
Ronald Reagan's presidency marked a shift in US government, being the first Conservative US president in over 50 years after a loss of confidence in liberal programs, that especially rose after Nixon's watergate scandal. One of his campaign slogans was "Government is not the solution to our problem, government is the problem" and sought to begin a new era of national renewal. His presidency marked the starting point of what is known as the Reagan Era, to refer to the lasting impact that the Reagan Revolution had on domestic and foreign policy, as he fought for and achieved to decrease the size of federal government, his administration enacted a major tax cut, eliminated federal regulations, decreased federal government responsibility in solving social problems, reducing restrictions on business and cutting spending for domestic programs and an increase in defense spending.
Answer:
42,51%
Explanation:
Accounting Rate of Return (ARR) = Average Profits / Average Investment
Calculation of Average Profits
Average Profit = Sum of Profits / Number of Years
= (300,000+290,000+240,000×8)/10
= $2,510,000 / 8
= $313,750
Calculation of Average Investment
Average Investment = Initial Investment + Scrape Value / 2
= $1,476,000/2
= $738,000
Accounting Rate of Return (ARR) = $313,750/$738,000×100
= 42,51%
