Answer:
d. $13.00
Explanation:
contributon margin = selling price - variable cost
sales price: $25 per unit
<u>list of variable cost:</u>
Direct mateirals 6.20
Direct labor 2.80
variable overhead 1.45
sales commisions 1.00
adminsitrative variable<u> 0.55 </u>
total variable cost 12.00
$25 selling price per unit - $12 variable cost per unit =
$13 contribution margin per unit
This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.
<u>Answer: </u>The EPA is responsible for setting and enforcing regulation related to the environment.
<u>Explanation:</u>
The acronym for EPA is Environmental Protection Agency. This is an independent agency which protects the environment from potential hazards. EPA sets the regulations in the country that protects the environment.The organisations has to follow the regulations to avoid any consequences.
The agency assess the environment and does research on the environment and impact on it. The national environmental standards are maintained by the agency. The agency is entitled to give sanctions and collect fines in the country.
Answer:
correct option is c) decrease retained earnings by $372 million
Explanation:
given data
income tax expenses = $372 million
actual amount of taxes paid = $412 million
solution
we know that in deferred tax asset taxable income is higher than the financial income
while in deferred tax liability taxable income is lower than the financial income
and we have given expense report is $372 million
and tax paid is $412 million
so the transaction reduce retained earning with same amount
so here correct option is c) decrease retained earnings by $372 million
Answer:
The answer is C. interest earned
Explanation:
Cash inflow is the money going into the business while cash out is the money going out of the business.
Car payment is an outflow. Money is going out to acquire a car.
Insurance premium is an outflow. Money is going out by purchasing an insurance package.
Mortgage payment is also an outflow.
Only interest earn is an inflow. Money is coming maybe from an investment that has happened in the past.
Answer:
b. $441,000
Explanation:
Calculation for Budgeted direct labor cost
Using this formula
Budgeted direct labor cost= Budgeted production * hours per unit * rate per hour
Let plug in the formula
Budgeted direct labor cost= 28,000 * 1.5 * 10.50
Budgeted direct labor cost= 441,000
Therefore the Budgeted direct labor costs for June would be 441,000
