Answer:
the contribution margin per unit is $5.75 per unit
Explanation:
The computation of the contribution margin per unit is shown below:
The Contribution margin per unit is
Contribution margin per unit= Contribution margin ÷ Sales units
= ($69,000 - $46,000 ) ÷ 4,000
= $5.75 per unit
Hence, the contribution margin per unit is $5.75 per unit
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Gain on disposal of $78,000
Explanation:
The computation of the disposition of the machine is shown below:e
= accumulated depreciation + insurance received based on the replacement cost of the machine - Destroyed cost of the machine
= $60,000 + $150,000 - $132,000
= $78,000
Since the machine was replaced so accumulated depreciation should be included and the destroyed cost of the machine should be deducted.
The $78,000 record gain disposal of the machine
Answer:
The correct answer is letter "B": Holders of future interest own only a reversionary interest.
Explanation:
A life estate is a grant provided by the owner of a property to another individual for his or her lifetime. That individual -<em>called the life tenant</em>, is right to use the property at will bound only to waste. The distinguishing characteristics of the life estate imply that <em>holders of future own revisionary or remainder interest</em>, and that <em>the estate could be created by agreement from private parties or by law under prescribed scenarios</em>.
Answer:
The right approach will be "Unit investment funds
".
Explanation:
- Unit investment trusts or funds were already widely recognized as financial services companies alongside mutual funds as well as closed-end funding.
- A unit investment confidence seems to be a US consequence of finance that purchases or retains a collection of shares, including such alternative investments but instead allowing them access as available for purchase products to investment firms.
