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MariettaO [177]
3 years ago
6

If the variable cost per unit increases by $1, spending on advertising increases by $1,600, and unit sales increase by 220 units

, what would be the net operating income?
Business
1 answer:
leonid [27]3 years ago
3 0

Answer:

$12,300

Explanation:

The computation of the net operating income is shown below:

Sales                           $85,400      (1,220 units × $70)

Less: Variable cost   -$48,190        (1,220 units × $39.5)

Contribution margin  $37,210

Less: Fixed expenses  -$24,910      ($23,310 + $1,600)

Net operating income $12,300

The cost per unit is

= $70,000 ÷ 1,000 units

= $70

Since the sales units is increased by 220 units, so total units increased by 1,000 units + 220 units = 1,220 units

The variable cost  per unit is

= $38,500 ÷ 1,000

= $38.5

The variable units is increased by $1 so total units increased by $38.5 + $1 = $39.5

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Which of the following models is best suited to decide when given a set of destinations, what is the shortest route that allows
Vlad [161]

Answer:

The correct answer is letter "C": Satisficing Model.

Explanation:

American economist <em>Herbet Alexander Simon's</em> Satisficing Model is an approach that focuses on making the most comfortable decision instead of the most optimal decision in order to accomplish a certain task. Besides, it aims to save the maximum amount of resources possible.

5 0
3 years ago
Frogue Corporation uses a standard cost system. The following information was provided for the period that just ended:
mel-nik [20]

Answer:

Materials Cost Variance = 6500 favorable

Explanation:

Frogue Corporation

AP= Actual price per kilogram $2.50

AQ= Actual kilograms of material used 31,000

SP = Standard price per kilogram $2.80

SQ= Standard kilograms per completed unit 6 kilograms = 5000 units *6 kg= 30,000 kg

Material Price Variance =( AP -SP)(AQ)=

                                  =  ( $2.50- $2.80)31,000 = 9300 Favorable

It is favorable because the standard price is higher than the actual price.

Material Quantity  Variance  =( AQ -SQ)(AP)=  (31000- 30,000) 2.8

                                               = 1000*2.8=  2800 unfavorable

It is unfavorable because the standard quantity is lower than the actual quantity.

Materials Cost Variance =Material Price Variance+Material Quantity  Variance

                                      =9300 Favorable+2800 unfavorable=

Materials Cost Variance = 6500 favorable

When favorable and unfavorable are added the unfavorable is with negative sign so they are subtracted.

8 0
3 years ago
The term? "market" in economics refers to
timurjin [86]
I'm pretty sure it's option D
7 0
3 years ago
Schedule 1 (Form 1040), lines 8z and 24z will be used to report other ____________ that do not have their own designated line.
Korolek [52]

The lines 8z & 24z in Schedule 1 (Form 1040) are used to report <u>other Income and adjustments</u> that do not have their own designated line.

<h3>What is Form 1040?</h3>

The Form 1040 is a tax document used by taxpayers to file an annual income tax return.

In the schedule form 1040, the line 8  report other incomes like:

  • net operating loss
  • gambling income
  • cancellation of debt
  • jury duty
  • pay prize

In the schedule form 1040, the line 24 report other adjustments like:

  • housing deduction
  • attorney fees etc

In conclusion, the lines 8z & 24z in Schedule 1 (Form 1040) are used to report <u>other Income and adjustments</u> that do not have their own designated line.

Read more about Form 1040

<em>brainly.com/question/4120733</em>

7 0
2 years ago
If an economy is in a steady-state with no population growth or technological change and the capital stock is above the Golden R
hodyreva [135]

Answer: A. output, investment, and depreciation will decrease and consumption will increase and then decrease but finally approach a level above its initial state.

Explanation: from the above question, an economy that is in a steady-state with no population growth or technological change and the capital stock is above the Golden Rule level and the saving rate falls then output, investment, and depreciation will decrease and consumption will increase and then decrease but finally approach a level above its initial state.

8 0
3 years ago
Read 2 more answers
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