Answer:
Direct expenses
Explanation:
Direct expenses are defined as costs incurred by a business that are directly traceable to a cost object or business entity.
Some overhead cost for example is directly attributable to a particular department, so this is a direct cost.
Some examples of direct expenses are cost of raw materials, direct labour, customer service, transportation cost of goods from a supplier, and so on.
Answer:
A) operating income decreases by $84,000
Explanation:
Sales $700,000 ⇒ ELIMINATED, SINCE THE PRODUCTS WILL NOT BE SOLD ANYMORE
Variable Expenses ($430,000) ⇒ ELIMINATED, SINCE THE PRODUCTS WILL NOT BE SOLD ANYMORE
Fixed Expenses ($310,000) ⇒ REDUCED BY 60% TO ($124,000)
Operating Loss ($40,000) ⇒ INCOME WILL DECREASE IN TOTAL BY $124,000
Since the total decrease income will be $124,000, that represents = $124,000 (unavoidable fixed costs) - $40,000 (current loss) = $84,000 in additional losses
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Explanation:
Data given and notation
represent the sample mean
represent the standard deviation for the sample
sample size
represent the value that we want to test
represent the significance level for the hypothesis test.
t would represent the statistic (variable of interest)
represent the p value for the test (variable of interest)
State the null and alternative hypotheses.
We need to conduct a hypothesis in order to determine if the mean is lower than 5600, the system of hypothesis would be:
Null hypothesis:
Alternative hypothesis:
We don't know the population deviation, so for this case is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:
(1)
t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".
Calculate the statistic
We can replace in formula (1) the info given like this:
Answer:
$12,615.21
Explanation:
In this question, first we have to compute the future value which is shown below:
Future value = Present value × (1 + (rate ÷ total number of days in a year)) ^ Total number of days in a year
= $12,000 × (1 + ( 0.05 ÷ 365 days)) ^ 365
= $12,000 × ( 1 + 0.00013698630
) ^ 365
= $12,000 × (1.000136986
) ^ 365
= $12,000 × 1.051267496
= 12615.20996
