Answer:
$ 164,450
Explanation:
Opening assets = $879,000
Opening liabilities = $ 749,500
Increase in Assets = $59,900
Increase in Liabilities = $24,950
Closing assets = Opening Assets + Increase in Assets
= $879,000 + $59,900
= $ 938,900
Closing Liabilities = Opening Liabilities + Increase in Liabilities
= $749,500 + $24,950
= $ 774,450
At the end of the current year,
Stockholder's Equity = Total Assets- Total Liabilities
= $ 938,900 - $ 774,450
= $ 164,450
Complete Question:
Chester has been selling widgets for $10, total variable costs are $4.40 and fixed costs are $100,000.
Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cid. Labor costs will go from $2.79 to $3.39 per unit. Assume all period and other variable costs remain the same.
If Chester were to absorb the new labor costs without passing them on in the form of higher prices, how many units of product Cid would need to be sold next round to break even on the product?
Answer:
Chester
Break-even point = Fixed costs/Contribution margin per unit
= $100,000 / $5
= 20,000 units
Explanation:
a) Data and Calculations:
Selling price = $10
Old variable cost = $4.40
Additional variable cost = $0.60
New variable costs = $5 ($4.40 + $0.60)
Contribution per unit = Selling price minus variable cost per unit
= $5 ($10 - $5)
Fixed costs = $100,000
b) Chester's Break-even point (in units) is the number of units of a product Camp that Chester requires to sell in order to recover her fixed costs. The information provided by break-even analysis guides Chester in making decisions for the production of Camps and its marketing. Without identifying the units of Camp to be produced and sold in order to remain in business, all things being equal, Chester might short-produce or short-sell Camps and run the business unprofitably.
Answer:
High/low
Explanation:
multidomestic strategy can be regarded as international marketing approach that places more values on local market structure over global approach. The strategy uses commercial as well as advertising effort in acheiving this. It should be noted thatWith a multidomestic corporate-level strategy the firm's need for local responsiveness is high while its need for global integration is low
Answer:
$3,000
Explanation:
<em>The historical cost principles states that asset purchased are to be recorded at their initial cost of historical cost value. </em>
<em>According to International Accounting Standards (IAS) 16, property plants and equipment, the cost of an asset includes all of the cost necessary to bring and make it ready for the intended use. </em>
These costs include purchase cost, fees and commission associated with the purchase transaction.
Going by this principle, the computer should be recorded at the purchase cost of $3,000
Based on the automobile analysis, the features one should present when demonstrating 2022 Murano's confident cornering include "<u>4-wheel independent suspension."</u>
<h3>What is Cornering in a vehicle?</h3>
Cornering is a term that describes the extent of the force wielded on the vehicle's center of gravity.
<h3>Other features one should present when demonstrating 2022 Murano's confident cornering </h3>
- Intelligent All-Wheel Drive
- Electrically driven hydraulic power steering
2022 Murano is a modern vehicle produced by Nissan Manufacturer. It comes with the latest design, swift navigation component, and easy-to-handle features.
Hence, in this case, it is concluded that the 2022 Murano is one of the latest vehicles to possess.
Learn more about the vehicle features here: brainly.com/question/17183497
