What are 3 common mistakes made in Human Relations

Ivanhoe provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation $1,500

Sonbull [250]

Answer:

Explanation:

To start with, we need to get the value for total fixed cost and total variable cost

Total fixed costs = Depreciation + Advertising + Insurance

= $1,500 + $350 + $2,770

= $4,620

Total variable costs per unit = Weed and feed materials + Direct labor + Lawn Fuel

= $17 + $9 + $2

= $28 per lawn

We also need to compute the contribution margin ratio

= Sales per unit - Variable cost per unit / Sales per unit

= (70 - 28) / 70

= 0.6

= 60%

Therefore;

1. Break even sales

5 0

3 years ago

Imagine that before black diamond initiated its greenfield venture in zhouhai, china, peter and wim asked for your advice. what

Nadya [2.5K]

A green field investment or venture is a foreign direct investment known as FDI. If a company decides to go the FDI route, they are building their operations within a foreign country from start to finish. They will often build many distribution warehouses, offices and living areas for their workers that go to the foreign country to work or those within the foreign country working for the parent company.

7 0

3 years ago

Read 2 more answers

During the year the following selected transactions affecting stockholders' equity occurred for Orlando Corporation: a. Apr. 1 R

7nadin3 [17]

Answer:

April 1

DR Treasury Stock $7,800

CR Cash $7,800

(To record purchase of Treasury Stock)

Working

Treasury Stock = 260 shares * $30

= $7,800

June 14

DR Cash $4,550

CR Treasury Stock $ 3,900

CR Additional Paid-in Capital $ 650

(To record sale of Treasury Stock)

Working

When the stock sold is higher or lower than the price it was purchased or issued for, it is credited or debited to the Additional Paid-in Capital account respectively.

As the price it was sold for here was higher than what it was purchased for, the balance is credited.

Cash = 130 shares * $35

= $4,550

Treasury Stock = 130 * $30 (original price)

= $3,900

Additional Paid-in Capital = 4,550 - 3,900

= $650

Sept 1.

DR Cash $3,000

DR Additional Paid-in Capital $600

CR Treasury Stock $3,600

(To record sale of Treasury Stock)

Working

Price stock was sold for is less than the amount it was purchased so the balance will be debited to the Additional Paid-in Capital account.

Cash = 120 * 25

= $3,000

Treasury Stock = 120 * 30

= $3,600

Additional Paid-in Capital = 3,600 - 3,000

= $600

7 0

3 years ago

At a price of $9.99, Danielle buys 3 digital books per month. When the price decreases to $7.99, Danielle buys 4 digital books p

Studentka2010 [4]

Answer:

The correct answer D

Explanation:

When the price of the product is $9,99, then the customer bought 3 books per month. But when the price decreases from $9.99 to $7.99, then the customer bought 4 books per month. Because when the price of the product decreases, the quantity demanded for the product increases for the while and when the prices increases, the quantity demanded decreases, it is not constant.

Therefore, Jason is in correct as the demand for the product has not increases, but only the quantity demanded has increased.

8 0

3 years ago

Item5 1.25 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 5 Exercise 2-12 Computing Predetermin

Law Incorporation [45]

Answer:

Follows are the solution to the given points:

Explanation:

In point 1:

The pre-determined overhead rate value:

$= (\frac{654,000}{155,000})+4.40 \\\\= 4.21+4.40\\\\= \$ 8.61 / MH$

In point 2:

Calculating the total manufacturing cost:

$\text{Direct material} \to 390\\\\\text{Direct labor} \to 230\\\\\text{Manufacturing overhead} (36 \times 8.61) \to 309.96\\\\\text{Total manufacturing cost}\to 929.96$

In point 3:

The unit product cost:

$= \frac{929.96}{60}\\\\ = \$15.49 / unit$

In point 4:

Calculating the selling price per unit:

$= \$15.49+(\$15.49 \times 130\%)\\\\ =\$15.49 + 20.137 \\\\ = \$35.627 \approx \$36 / unit$

3 0

3 years ago