Answer:
the pension obligation on the basis of the plan formula applied to years of service to date and based on existing salary levels
Explanation:
Accumulated benefit obligation (ABO) is the nearest amount that represent the liability pension plan of the company for the time period. It is predicted and depend upon the assumption that the pension plan would be ended on instant basis also it would not considered any increment in the future salary
So according to the options given, it would determined the pension obligation that based upon the plan formula and the same would be applied to service years also it would be depend upon the existing level of salary
Answer:
The break even in dollars is $23000000
Explanation:
The break even point in dollars is the amount of revenue which produces no profit or no loss and where total revenue equals total cost. The break even in dollars is calculated by dividing the fixed cost by the weighted average contribution margin ratio.
Break even in dollars = Fixed costs / Weighted average contribution margin ratio
Weighted average contribution margin ratio is the contribution margin ratio of each products multiplied by the products weight in the sales mix.
Weighted average contribution margin ratio = Weight in sales mix of Product A * contribution margin ratio of product A + Weight in sales mix of Product B * Contribution margin ratio of Product B
Weighted average contribution margin ratio = 0.65 * 0.3 + 0.35 * 0.5 = 0.37
Break even in dollars = 8510000 / 0.37
Break even in dollars = $23000000
Answer:
The correct answer is B.
Explanation:
Giving the following information:
The company uses the activity rates to assign overhead costs to products:
Processing customer orders $96.63 per customer order
Assembling products $2.45 per assembly hour
Setting up batches $58.89 per batch
Last year, Product F76D involved 9 customer orders, 436 assembly hours, and 26 batches.
Allocated overhead= 9*96.63 + 436*2.45 + 26*58.89= $3,469.01
Answer:
summing horizontally the segments of the MC curves lying above the AVC curve for all firms.
Explanation:
In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.
This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.
Generally, a perfectly competitive market is characterized by the following features;
1. Perfect information.
2. No barriers, it is typically free.
3. Equilibrium price and quantity.
4. Many buyers and sellers.
5. Homogeneous products.
The short-run supply curve for a purely competitive industry can be found by summing horizontally the segments of the marginal cost (MC) curves lying above the average variable cost (AVC) curve for all firms.
