Answer:
- IFCO for 20x7 as it is reported comparatively in the 20x8 statements = $5,600
- IFCO for 20x8 = $6,800
Explanation:
1) IFCO for 20x7 as it is reported comparatively in the 20x8 statements, should not include the $400 operating income from the component = $6,000 - $400, or $5,600.
2) IFCO for 20x8 should not include the gains resulting from the disposal of the component nor the losses generated by it = $7,000 - $300 + $100 = $6,800
Answer:
Explanation:
You press the plus sign on the bottom click the paper clip then pick camera then post it
Answer:
The linear demand function for Frog & Friends Shower curtains is q = -60p + 4,100
Explanation: $5 each ===> 3,800 curtains per month
$10 each ===> 3,500 curtains per month.
===> slope of the demand line is (3800-3500)/(5-10) = 300/-5 = -60
===> demand function is q = -60p + c for some constant c.
Let 3,800 = -60*5 + c.
=3800 = -300 + c
===> c = 4,100.
Therefore the linear demand function for frog & friends curtains is q = -60p + 4,100
Answer:
$1350
Explanation:
To find dead weight loss we will take into consideration the price and output level of both monopoly and perfect competition.
Dead weight loss = {(P2 - P1) * (Q1-Q2)} / 2
Where, P2 and Q2 are price and quantity respectively of monopolist and P1 and Q1 are price and quantity respectively of perfect competiton.
Dead weight loss = {(130-40) * (60-30)}/2
= (90*30)/2
= $1350
<span>Companies using target costing start with an ideal selling price and then target costs that will ensure that the price is met.
Companies use this approach to make sure they are setting a projects price point at appropriately. They want to make sure it meets the standards the price point is set at by quality and functionality of the product being worth the money a customer will spend for it. They are able to design their profit margin and build the target costs and revenue around that. </span>