Answer:
the break even point in units is 120,000 units
Explanation:
The computation of the break even point in units is shown belwo:
= Annual fixed operating cost ÷ (Selling price per unit - variable cost per unit)
= ($19,200,000) ÷ ($250 per unit - $90 per unit)
= $19,200,000 ÷ $160 per unit
= 120,000 units
hence, the break even point in units is 120,000 units
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
$577 Unfavorable
Explanation:
The calculation of spending variance for dye costs is shown below:-
Spending variance for dye cost = (Standard rate - Actual variable) × Actual units
= ($0.67 - $13,910 ÷ 19,900) × 19,900
= (0.67 - 0.69899) × 19,900
= $577 Unfavorable
Therefore for computing the spending variance for dye costs we simply applied the above formula.
Answer:
A. Is the same as convergence of accounting standards
Explanation:
Harmonization of accounting standards mean the process of increasing the compatibility of accounting practices by setting bounds for the degree of variations.
The notion of harmonization can be replaced by the concept of convergence.
Harmonization of international accounting standards is an imposition of standards by economically superior countries.
Answer:
The statement is True
If Brazilian oranges entered the United States, the number of oranges in the market would be higher, and if the quantity demanded remained more or less stable, the oranges prices would fall.
Changes in supply are those produced by anything other than price, thus, in this example we can see a change in supply, because the higher number of oranges has come from the market entry of new competitors : the brazilian orange providers.
Answer:
Present value = FV / (1 + r)^t
1. PV = $19,415 / (1 + 0.07)^15
PV = $19,415 / (1.07)^15
PV = $19,415 / 2.759031
PV = $7,036.89
2. PV = $47,382 / (1 + 0.11)^8
PV = $47,382 / (1.11)^8
PV = $47,382 / 2.3045378
PV = $20,560.31
3. PV = $312,176 / (1 + 0.10)^13
PV = $312,176 / (1.10)^13
PV = $312,176 / 3.4522712
PV = $90,426.27
4. PV = $629,381 / (1 + 0.13)^25
PV = $629,381 / (1.13)^25
PV = $629,381 / 21.230542
PV = $29,645.07
