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3 years ago

Whose art influenced the federal government to include a photographic unit in the farm securities administration?

1 answer:

8 0

Dorothea Lange had influenced the Farmer Security Administration with her art. They were able to contribute to society by setting up a Photography program, in showcasing the life of a farmer during the Great Depression. This program was able to move a lot of people with their pictures and documentations of the farmers.

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If the variable costs of producing two books are $100, what is the marginal cost of producing one more book?

Ierofanga [76]

Answer:Hi Martina, okie anyway Im taking the test rn too I just answered Tanya, its $25

Explanation:

1 book= 50

2 books= 100

100-50=50

Then 50/2=25

3 0

3 years ago

Coast to Coast Surfboards Inc. manufactures and sells two styles of surfboards, Atlantic Wave and Pacific Pounder. These surfboa

podryga [215]

Answer:

Contribution margin ratio:

For East Coast = 10%

For West Coast = 8.05%

Explanation:

As per the data given in the question,

Contribution margin by sales territory report :

C C S Inc.

Contribution margin by Territory

Particulars East Coast West Coast

Sales (a) $8,400,000 $8,610,000

(30,000×$280)+(0×$130)

(21,000×$280)+(21,000×$130)

Less: variable cost of goods sold(b) $6,600,000 $6,657,000

(30,000×$220)+(0×$97)

(21,000×$220)+(21,000×$97)

Manufacturing margin (c=a-b) $1,800,000 $1,953,000

Less: Variable selling expense (d) $960,000 $1,260,000

(30,000×$32)+(0×$28)

(21,000×$32)+(21,000×$28)

Contribution margin (e=c-d) $840,000 $693,000

For East Coast:

Contribution margin ratio = (Contribution margin ÷ Sales revenue)×100

=($840,000÷ $8,400,000)×100

= 10%

For west coast:

Contribution margin ratio = (Contribution margin ÷ Sales revenue)×100

=($693,000 ÷ $8,610,000)×100

= 8.05%

4 0

3 years ago

On January 1, MM Co. borrows $340,000 cash from a bank and in return signs an 8% installment note for five annual payments of $8

Fiesta28 [93]

Answer:

Required 1

January 1

Cash $340,000 (debit)

Note Payable $340,000 (credit)

Required 2

$27,200 goes toward interest expense.

Explanation:

Issuance of the Note :

Assets of Cash are increasing, the Liabilities are also increasing.

Payment at December 31 :

The Annual Payment comprises of Capital Repayment and Interest Expense.

Prepare an amortization schedule using the details of the Note highlighted below to separate the Capital Repayment and Interest Expense Component :

PV = $340,000

PMT = - $85,155

N = 5

i = 8%

P/yr = 1

FV = $0

Note Schedule is attached !

Download pdf

4 0

3 years ago

3.What are some factors that influence a person's credit rating or their ability to get credit? Explain how these factors influe

Vadim26 [7]

Several factors are taken into account with credit scores. It weighs greatly on debt ratios and payment history. Other items that can influence credit are the length of credit as well as credit inquiries. Credit scores can fluctuate frequently as credit history changes.

7 0

3 years ago

Read 2 more answers

Spring Company uses activity-based costing to allocate their overhead costs. Setup costs ot $100,000 are based on number of batc

mamaluj [8]

Solution:

Activity-based costing (ABC) is an aggregate and indirect costs accounting tool for related products. This costing approach considers the relation between the prices, labour operations as well as the manufactured goods, and attributes administrative costs less randomly to products than conventional costing approaches.

Nevertheless, a company can not be allocated for indirect costs such as marketing and employee salaries.

So, activity rate for the setup activity cost pool = 10,000 / 500

= $200.00

4 0

3 years ago