Answer: $37.5 million
Explanation:
The next year's net income for XYZ will be calculated as follows:
Current sales = $300 million
Current Profit margin = 10%
Sales Growth rate = 25%
The next year's sales will be:
= Current Year's Sales × (1 + Sales Growth rate)
= $300 million × (1 + 0.25)
= $300 million × 1.25
= $375 million
Next Year's Net Income will then be:
= $375 million × 10%
= $37.5 million
Answer:
D. $7.30 per machine hour
Explanation:
The computation of Overhead Per Machine Hour is shown below:-
Overhead Per Machine Hour = Fixed Cost + Variable Overhead Cost ÷ Number of hours
= ($100,700 + (19,000 × $2)) ÷ 19,000
= ($100,700 + $38,000) ÷ 19,000
= $138,700 ÷ 19,000
= $7.30 per machine hour
So, for computing the Overhead Per Machine Hour we simply applied the above formula.
Answer:
d. $2,000 less
Explanation:
The computation is shown below:
<u>Particulars January February March
</u>
Units beg.
inventory 0 3,000 4,500
Units produced 10,000 10,000 10,000
Units sold -7,000 -8,500 -10,500
Units ending
inventory 3,000 4,500 4,000
Now
= $4 × (4,500 - 4,000)
= $2,000
So, here the income arise from absorption costing should be lower than the variable costing as the inventory is reduced
Answer:
The study of human problems arising from organizational and interpersonal relations (as in industry).
Explanation:
Answer:
E) A sharp increase in its forecasted sales.
Explanation:
Haven developed a forecasting model to estimate its AFN for the upcoming year, F. Marston, Inc. would have an increase in the additional funds needed (AFN) due to the sharp increase in its forecasted sales.
An increase in sales translates to an increased cash flow and profits.
