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3 years ago

Mission Foods produces two flavors of tacos, chicken and fish, with the following characteristics:

Business

1 answer:

Alex17521 [72]3 years ago

4 0

Answer:

$1,059,050

Explanation:

The computation of the anticipated level of profits for the expected sales volumes is shown below:

Expected sales 209,000 305,000

Particulars Chicken Fish

Sales $815,100 $1,525,000

Less:

Variable cost -$407,550 -$762,500

Contribution margin $407,550 $762,500

Now the profit would be

= Total contribution margin - total fixed cost

= $407,550 + $762,500 - $111,000

= $1,059,050

The sales are variable cost are come by multiplying the units with its price per taco.

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Brad will graduate next year. When he begins working, he plans to deposit $6000 at the end of each year into a retirement accoun

Dovator [93]

Answer:

$92,8571.7937

Explanation:

The computation of the amount after 40 deposits is shown below:

= (((1 + interest rate)^number of years - 1) ÷ interest rate)× principal

= (((1 + 0.06)^40-1) ÷ 0.06) × $6,000

= $92,8571.7937

We simply applied the above formula and the same is to be considered

We considered all the things given in the question

8 0

3 years ago

Pelican Inc., a multinational oil corporation headquartered in Denmark, conducts its operations in various nations by establishi

Ivanshal [37]

Answer:

The correct answer is letter "B": franchising.

Explanation:

A Franchise is a business where one person, the <em>franchisee</em>, gains access to the proprietary knowledge, processes, and trademarks of a <em>franchisor</em>. In return for a royalty, the franchisee acquires the right to market a product or service under an existing brand name.

The customer is already familiar with the brand, so there is no need to invest additional resources to promote the product.

6 0

3 years ago

Warren Company began the accounting period with a $32,000 debit balance in its accounts receivable account. During the accountin

ra1l [238]

Answer:

The answer is : $104,000

Explanation:

First, we have to lay out the particulars, and explain what each of them mean:

debit balance in account receivable = $32,000. This refers to an amount that cusomers owed the company at the beginning of the period.

revenue recorded = $88,000. This refers to the total sales made by the company.

At the end of the period, we are told that the account receivable contained a balance of $16,000

Therefore it means that after all the payments (both balance from previous period and sales transactions) have been made in cash, the amount which the customers owed the company = $16,000.

Hence the cash collected is calculated as follows

(debit balance at beginning + revenue) - debit balance at the end = cash collected

(32,000 + 88,000) - 16,000 = cash collected

120,000 - 16,000 = cash collected

cash collected = $104,000

6 0

3 years ago

The Assembly Department of ByteSize, Inc., manufacturer of computers, incurred $ 290 comma 000 in direct material costs and $

andreev551 [17]

Answer:

The cost per equivalent unit of production (EUP) for conversion costs is $116.67

Explanation:

The cost per equivalent unit of production (EUP) for conversion costs is = 70000/600= $116.67

3 0

3 years ago

7. Two farmers, A and B, each apply 100 tons of manure on their fields. To reduce manure runoff, the government has decided to r

valentinak56 [21]

Answer:

Explanation:

1) The total cost of reducing runoff if the farmers are not allowed to trade permits is:

total loss = farmer A' loss + farmer B's loss

where:

farmer A's loss = (100 - 50) x $25 = $1,250
farmer B's loss = (100 - 50) x $50 = $2,500

total loss = $1,250 + $2,500 = $3,750

2) The total cost of reducing runoff if the farmers are allowed to trade permits is:

Since farmer A will be willing to sell his permits to farmer B for a price that is ≥ $25 and ≤ $50, the total cost of reducing runoff is $2,500.

If farmer A sells his runoff permit at a price higher than $25 his costs will decrease but farmer B's costs will increase, so any gain due to price change is offset by the other farmer's loss.

8 0

3 years ago