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blsea [12.9K]
3 years ago
8

Giant Company has three products, A, B, and C. The following information is available:

Business
1 answer:
myrzilka [38]3 years ago
7 0

Answer:

$24,000

Explanation:

                             Product A      Product B     Product C

sales                        70,000            97000

Variable  cost           37000            51000

Contribution margin 33000            46000

Avoidable cost          10,000           20000

Unavoidable cost       7000             12000         9400

Operating income      16000            14000

Total operating income if product C is dropped is (16000+14000 +3400-9400)

=$24000

Please note that Giant company with still incur the unavoidable cost even if the product is dropped. This is assumed to be a portion of the fixed overhead expenses allocated to the product in the course of normal operation.However , the loss made of 3400 will be avoided as well

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Remsco has taxable income of $80,000 and a charitable contribution limit modified taxable income of $82,000. Its charitable cont
telo118 [61]

Answer:

Remsco's current-year charitable contribution deduction and contribution carryover is $100.

Explanation:

Remsco's current-year charitable contribution deduction

= $82,000*10%

= $8200  

contribution carryover = 8,300 - 8200

                                      = $100

Therefore, Remsco's current-year charitable contribution deduction and contribution carryover is $100.

5 0
3 years ago
Bernie is a former executive who is retired. This year Bernie received $250,000 in pension payments and $10,000 of social securi
Valentin [98]

Answer:

The correct option is B

Explanation:

The gross income of Bernie would be

Individuals include only 85% of the social security benefits in their gross income

So,

= $10,000 × 85%

= $8,500

Gross Income = Pension Payment + Social Security payment

                        = $250,000 + $8,500

                        = $258,500

Therefore, the amount of $258,500 would be the gross income of Bernie.

5 0
3 years ago
Homer is considering a project with cash inflows of $950 a year for Years 1 to 4, respectively. The project has a required disco
Sholpan [36]

Answer:

2.68 years

Explanation:

The discounted payback period measures how long it takes for the amount invested in a project to be recovered from the discounted cumulative cash flows.

Explanations on how the payback period is calculated can be found in the attached image.

I hope my answer helps you

5 0
3 years ago
The simple multiplier effect shows the resulting change in real GDP due to an increase in government purchases or a decrease in
nexus9112 [7]

Answer:

Constant

Upward slopping

Less than

Explanation:

The simple multiplier effect shows the resulting change in real GDP due to an increase in government purchases or a decrease in taxes assuming that the price level is___constant__.In reality, the SRAS is __upward slopping___.As a result, when AD shifts to the right, in reality the change in real GDP will be __less than___ it would be if the price level were constant.

When the government purchases rises or their is reduction in tax paid on constant price of commodity, the gross domestic development of the country will increase geometrically.

In reality, the Short-Run Aggregate Supply Curve slop will tends to move upward. When AD shifts to the right, in reality the change in real GDP will be less than it would be if the price level were constant

4 0
3 years ago
13. Which of the following is an example of secondary research? A. Gathering statistics online B. Conducting trial-and-error tes
OleMash [197]

A) gathering statistics online

as you didn't do the research yourself

6 0
3 years ago
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