Answer:
b.$5,912.50
Explanation:
The computation of the operating income is shown below:
= Sales - Direct materials cost - Direct labor cost - Manufacturing overhead cost - Total selling and administrative expense
where,
Sales = Number of units × selling price per unit
= 825 units × $74.80
= $61,710
Direct materials cost = Number of units × Direct materials per unit
= 825 units × $13
= $10,725
Direct labor cost = Number of units × Direct labor per unit
= 825 units × $13
= $7,260
Manufacturing overhead cost = Number of units × Manufacturing overhead per unit
= 825 units × $16.50
= $13,612.50
And, the Total selling and administrative expense is $24,200
Now put these values to the above formula
So, the value would equal to
= $61,710 - $10,725 - $7,260 - $13,612.50 - $24,200
= $5,912.50
Prior to renewal, a licensee must complete 24 hours credit hours of approved continuing education courses, 3 hours of which must be related to ethics.
Licensees are human beings who've acquired explicit or implied invitation to enter the owned property with out a together useful commercial courting to the owner. for example, social guests traveling a chum's house would be considered licensees below the commonplace law.
someone may be taken into consideration a licensee if they're touring an invitee for non-public motives. for example, if a person visits a friend at a condominium property, they're a licensee. Licensees are usually invited to a belongings by an invitee.
Methods publications generally tend to focus extra carefully on approaches and tactics for teaching specific scholar populations or for teaching precise disciplines.
Disclaimer:-your question is incomplete, please see below for complete question.
Prior to renewal, a licensee must complete ________ credit hours of approved continuing education courses, _______ of which must be related to ethics.
A) 12 / 3
B) 12 / 2
C) 24 / 2
D) 24 / 3
The answer is option D. 24 / 3
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Answer: Option(D) is correct.
Explanation:
Correct option: Act as if they were monopolies.
Cartel is a group of few firms that work towards the common goal. Because all the cartel members works together, that's why they act like a monopolies.
They decided to produce at a level where their combined marginal revenue is equal to the combined marginal cost.
Because they behave like a monopolist, so they sell lesser quantity at a higher prices than would be in a perfectly competitive market.
A profit and loss statement<span> will determine how well a business has done over the past year.The profit and loss statement is a financial statement which shows revenue, costs and all expenses that happened during a said period of time. Most companies do this quarterly or yearly. </span>
Answer:
Negative NPV.
Explanation:
present value of cost exceeds present value of revenue that is been assumed in the investment plan of the said company/firm.
Net Present Value describes one of the discounted techniques of cash flow used in capital budget to determining the viability of a project or an investment. It is seen to have a huge difference between the present flow of the firms; which is cash inflows and the present value of cash outflows over a period of time. Experts has tagged its primary advantage to be that it is seen to considers the concept of the time value of money.
