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melamori03 [73]
3 years ago
14

Company is considering introducing a new compact disc player model at a price of $ 105 per unit. Santos ​'s controller has compi

led the following incremental cost information based on an estimate of 120 comma 000 units of sales annually for the new​ product: Direct materials cost $3,600,000 Direct labor cost $2,400,000 Variable manufacturing overhead $1,200,000 Sales commission 10% of sales Fixed cost $2,000,000 The sales manager expects the introduction of the new model to result in a reduction in sales of the existing model from 300 comma 000 to 240 comma 000 units. The contribution margin for the existing model is $ 20 per unit. Requirements ​(a) Determine the total impact on Santos ​'s profit from the introduction of the new model. ​(b) Should Santos introduce the new​ model? Explain.
Business
1 answer:
FinnZ [79.3K]3 years ago
3 0

Answer:

flkdsahogherojgklaexijgu

Explanation:

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Use below information to prepare general journal entries for Belle Co.'s 1 through 7 transactions.
antoniya [11.8K]

Answer:

Belle Co.

General Journal Entries

1. Debit Cash $6,000

Debit Equipment $7,600

Debit Web Servers $12,000

Credit Common Stock $25,600

To record the assets exchanged for common stock by D. Belle.

2. Debit Prepaid Insurance $4,800

Credit Cash $4,800

To record the prepayment of insurance coverage.

3. Debit Supplies $900

Credit Accounts Payable $900

To record the purchase of supplies on account.

4. Debit Selling Expenses $800

Credit Cash $800

To record the payment of selling expenses for cash.

5. Debit Cash $4,500

Credit Service Revenue $4,500

To record the receipt of cash for services rendered.

6. Debit Accounts Payable $900

Credit Cash $900

To record the payment on account.

7. Debit Equipment $3,400

Credit Cash $3,400

To record the payment for the purchase of equipment.

Explanation:

a) Data and Transaction Analysis:

1. Cash $6,000 Equipment $7,600 Web Servers $12,000 Common Stock $25,600

2. Prepaid Insurance $4,800 Cash $4,800

3. Supplies $900 Accounts Payable $900

4. Selling Expenses $800 Cash $800

5. Cash $4,500 Service Revenue $4,500

6. Accounts Payable $900 Cash $900

7. Equipment $3,400 Cash $3,400

4 0
3 years ago
Scenario: Terrill and Natalia want to buy a home valued at $150,000. The property tax in their community is 1 percent of the pro
wariber [46]

1,500 is the answer ......

7 0
3 years ago
Read 2 more answers
Your brother announces at Thanksgiving Dinner that he is thinking of becoming a day trader. What questions might you ask him to
Travka [436]

1) Has he diversified his portfolio within the 11 sectors?

2) Does he go for capital appreciation stocks or dividend stocks?

3) How much time does he spend studying a company's financials (10K form) and charts?

4) Who is his favorite investor? Warren Buffet for picking great stocks and holding for many many years or someone like  Bill Ackman who is a bit deceptive on his trading tactics (over the summer he said 'Hell is coming' a signal thought by many as "panic sell" whilst he was buying heavily)

5) What is the number he is seeking to retire? There's usually a number ranging from $1M and $200M.

6) Maybe ask him if he is seeking to get licensed as a CMT (reading chart patterns)?

Hope this helps, either way best of luck to him!

4 0
3 years ago
Par value a.is the monetary value assigned per share in the corporate charter b.is established for a share of stock after it is
nika2105 [10]

Answer:

c.represents what a share of stock is worth

Explanation:

Hope it helped...Please mark brainliest. Have a nice day!

4 0
3 years ago
Suppose the majority of students who are graduating in May from a large university have found jobs and signed employment contrac
Aleks [24]

Answer:

<u>increase </u>, <u>reduce </u>

Explanation:

Assumption: <u>The given problem has been solved upon the assumption that students, who are in the process of entering employment, will lead to the possibility of increased spendings, since such students disposable income rises. </u>

Aggregate demand represents the total demand for all goods and services produced in an economy during a period.

Mathematically, Aggregate Demand is represented as follows:

AD = C + I + Net Exports + G

wherein,

C = Consumption

I = Investment

Net Exports = Exports - Imports

G= Government Spending

In the given case, students which earlier had no income of their own, will now have a disposable income. Owing to which, their consumption spending would increase.

As a result of this, the savings would reduce.

Y = C + I + G

where, Y = National Income

          I = Investment

          G= Government expenditure

Aggregate demand will increase as a consequence.

4 0
3 years ago
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