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Lilit [14]
3 years ago
13

Papillon Co. has determined the following per unit amounts: Direct materials $30 Fixed selling and administrative $60 Direct lab

or 36 Variable overhead 24 Desired ROI 33 Variable selling and administrative 15 Fixed overhead 45 The cost base using the variable-cost approach is A. $90. B. $135. C. $195. D. $105.
Business
2 answers:
andreev551 [17]3 years ago
3 0

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Direct materials= $30

Direct labor= $36

Variable overhead= $24

<u>Under the variable costing method, the unit product cost is calculated using the direct material, direct labor, and unitary variable overhead.</u>

Unitary product cost= 30 + 36 + 24= $90

schepotkina [342]3 years ago
3 0

Answer:

Correct answer is $123 using the variable-cost approach.

Explanation:

Variable-cost approach

Variable costing is a methodology that only assigns variable costs to inventory. This approach means that all overhead costs are charged to expense in the period incurred, while direct materials and variable overhead costs are assigned to inventory

Target selling price = Variable production cost per unit+Desired ROI per unit

= (30+36+24)+33

Target selling price = $123

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Green Caterpillar Garden Supplies Inc. just reported earnings after tax (also called net income) of $9,750,000, and a current st
astra-53 [7]

Answer:

a. $12.08 per share

Explanation:

For computing the next year stock we have to do the following calculations  

Current Earning per share  = Net Income ÷ Number of Common Shares Outstanding

= $9,750,000 ÷ 5,500,000 shares  

= $1.77

Current Price Earning ratio = Current stock price ÷  Current EPS

= $14.74 ÷ $1.77

= 8.33

Now Next year earning per share = $9,750,000 ×  1.25 ÷ 8,400,000 shares = $1.45

So, the next year stock price = $1.45 x 8.33

= $12.08 per share

3 0
3 years ago
In its most recent financial statements, Del-Castillo Inc. reported $30 million of net income and $970 million of retained earni
Andrew [12]

Answer:

the firm pay 39 millions dividends to his shareholders during the year.

Explanation:

The retained earnings identity is as follow:

beginning RE + net income - dividends = ending RE

we plug our values into the formula:

970 + 30 - dividends = 961

we clear dividends:

970 + 30 - 961 = dividends

And solve:

dividends = 39

<u>Notes:</u>

For every account, we always have this similar identity:

a beginning balance

a type of transaction that increase their balance

another kind of transaction which decreased

and a final balance which is the net of the previous.

beginning + increase - decrease = ending

Always try to identify how each transaction impact the account and from there, setup the equation.

8 0
3 years ago
The Bureau of Economic Analysis reported that, in real terms, overall consumer spending increased by $35.4 billion during Octobe
nikdorinn [45]

Answer:

A.$73.75 billions

B. $50 billion

C. 0.18%

Explanation:

a. The real GDP change in response by

(1/(1 −MPC) ×$35.4 billion = (1/(1 −0.52) ×$35.4 billion =$73.75 billion.

b. If in addition to the consumer spending change in part a, unplanned inventory invest-ment decreases by $50 billion, the resulting change in real GDP is

$73.75 billion - $50 billion = $23.75 billion.

c.The percent increase in GDP is

($23.75 billion/$13,139.5 billion) ×100

=0.18%

5 0
3 years ago
Read 2 more answers
When her manager asks Sally to demonstrate how fast she can accomplish her task on the production line, Sally finishes the task
Alenkinab [10]

Answer:

Hawthorne Effect

Explanation:

According to my research on studies conducted by different sociologists, I can say that based on the information provided within the question Sally's performance is best explained by the Hawthorne Effect. This effect is defined as change in behavior that a subject may display during a study due to their awareness of being observed.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Read 2 more answers
Suppose that gasoline prices increase dramatically this month. Lola commutes 100 miles to work each weekday. Over the next few m
katrin [286]

Answer:

The correct answer is option d.

Explanation:

Gasoline prices increase dramatically in a month. Lola commutes 100 miles to work each weekday.  

For a few months, she tries to reduce expenses on gasoline but driving less on weekends. Within a year she moved to place only 10 miles away from her workplace.  

We see that in response to an increase in the price of Gasoline, the quantity demanded of gasoline by Lola is adjusting over time. The demand is getting more price elastic with the passage of time as a consumer is adjusting to price change and finding new ways to reduce expenses.  

This example shows how the time horizon determines the price elasticity of demand.

5 0
3 years ago
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