Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Direct materials $ 20
Direct labor 15
Overhead (60% variable) 20
Cost to manufacture $ 55
The above cost information is based on 10,000 units.
Parton currently sells 8,500 units for $62 per unit.
A distributor has offered to buy 1,000 units for $50 per unit.
We will have into account only the variable costs:
Unitary variable cost= 20 + 15 + (20*0.60)= 47
A) Increase in income= (50-47)*1000= $3,000
B) Regular units= 3000/(62 - 55)= 429 units
0.035x+0.06 (3800-x)=188
Solve for x
0.035x+228-0.06x=188
0.035x-0.06x=188-228
-0.025x=-40
X=40/0.025
X=1600. Invested at 3.5%
3800-1600=2200 invested at 6%
Answer:
1. Current.
2. Fixed.
Explanation:
A financial statement can be defined as a written report used by financial experts or accountants to quantitatively describes the financial health of a company. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.
Operating activities in the cash flow statement reflect the inflow and outflow of cash from current assets and liabilities. Thus, all the net income or cash from all operational business activities of a company is recorded as operating activities. Some examples of operating activities are cash paid as an expense for merchandise, cash revenue generated from the sales of finished goods etc.
Investing activities recognize the buying and selling of fixed assets.
Generally, investing activities comprises of purchasing fixed or physical assets, investing in securities and the sale of assets or securities associated with the company.
Answer: Education is the key to knowledge.
Explanation: When a person educates himself, he opens his mind and gives himself the opportunity to know more things. When a person knows more things he learns to see things from another point of view and knows more and more about everything that surrounds him. Knowledge is a power key, it allows the person to climb great positions since he is someone who knows what he is doing.
Answer:
A) $200,000 to Jack
Explanation:
Jack is the primary beneficiary to his late wife's life insurance policy and since he is still alive, so he should get the whole $200,000.
His daughters, Mimi and Ann, are the contingent beneficiaries. That means that in case Jack had died before his wife or he was incapacitated for some reason, then they would have become the beneficiaries of the insurance policy (and each would have received $100,000).