Answer:
Income increased by $315,000
Explanation:
Since there is spare capacity available, we assume there are no incremental fixed costs and as such we only analyze relevant variable costs that vary with the order to identify the possible income effect.
Profit per unit = Order Selling price - Direct + Variable costs
Profit = 100 - 12 - 18 = $70
Total profit from the order = 70*4500 = $315,000
We do not include fixed costs as these will have to be paid regardless of the order. These fixed overheads are probably already absorbed fully given the current production level of 84000 units.
Hope that helps.
The most effective and efficient way to move forward with an idea is "create a prototype".
A prototype is an early example, model, or arrival of an item worked to test an idea or process or to go about as a thing to be reproduced or learned from. It is a term utilized in an assortment of settings, including semantics, plan, hardware, and programming.
Answer:
$163,200
Explanation:
Tucan Company
Purchase Budget for the Month of August
Production Requirement ( 11,00 x 0.5 ) 550
Add Closing inventory ( 980 x 0.5 x 10%) 49
Total 599
Less Opening Inventory ( 11,00 x 0.5 x 10%) (55)
Materials Required 544
Cost $300
Total Cost $163,200
Answer:
in order for Henry's child to qualify as a dependent, the following requisites must be met:
- since the child is disabled, there is no age limit, but he/she must live with Henry and Henry must pay for at least half of his/her expenses
- the disability must be permanent and total (a letter from a doctor, social service worker, or social service agency that provides proof of this is required
- the child must be Henry's son or daughter, or legally adopted child
- Henry must have earned income (i.e. Henry must work)
- Henry's investment income (besides earned income) must be less than $3,650 during the last year
- Henry must file as single filer or head of household
- Henry must not have received foreign income
Answer:
A. People creating different governments around the world
Explanation:
economics looks at how the world’s resources are used by and distributed among individuals and organizations.