Answer:
The fixed cost, variable cost per unit and the total cost is $3,800, $4 per unit ,and $6,000 respectively
Explanation:
1. The computation of the variable cost per unit is shown below:
= (High total cost - low total cost) ÷ (High number of cavities - low number of cavities)
= ($6,500 - $5,200) ÷ (675 - 350)
= $1,300 ÷ 325
= $4
2. The computation of the fixed cost is shown below:
Fixed cost = total cost - Variable cost
= $6,500 - (675 × $4)
= $6,500 - $2,700
= $3,800
3. And, the total cost for 550 cavities would be equal to
= Fixed cost + variable cost
= $3,800 + (550 cavities × $4)
= $3,800 + $2,200)
= $6,000
Answer:
D) setting of capital stock prices.
Explanation:
Neither management nor the board of directors sets the price of the corporation's stock, the market does. You cannot impose a price to the market, even if you try to sell stock valued at par, the market may decide to purchase them at that amount, or not purchase any stock until the price decreases, or maybe the market loves your stocks and purchases the at an even higher price.
Answer:
The correct option is b. The income from continuing operations is $1141000.
Explanation:
Based on the information given we were told that the tax rate is 30% while the income before income taxes was $1,630,000 which means that the The income from continuing operations is $1141000 calculated as:
Income from continuing operations=[$1,630,000-(30%*$1,630,000)]
Income from continuing operations=$1,630,000-$489,000
Income from continuing operations=$1,141,000
Answer:
irrelevant
Explanation:
Irrelevant informations are information that are provided but could not solve the problem on ground.
From the above case, I'm looking for a home to buy and cost must not be more than $700,000, instead for my real estate agent to look for home that the cost are lower than or equal to $700,000, rather the agent started sending me fliers containing information of home cost more than $700,000.
