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Hitman42 [59]
4 years ago
7

Prince Paper has budgeted the following amounts for its next fiscal​ year: Total fixed expenses $ 900 comma 000 Selling price pe

r unit $ 85 Variable expenses per unit $ 35 If Price Paper spends an additional $ 12 comma 100 on​ advertising, sales volume should increase by 3 comma 000 units. What effect will this have on operating​ income?
Business
1 answer:
stepan [7]4 years ago
8 0

Answer:

The effect on net operating income would be an increase of $137,900

Explanation:

Giving the following information:

Selling price $85

Variable expenses per unit $ 35

If Price Paper spends an additional $12,100 on​ advertising, sales volume should increase by 3,000 units.

To calculate the effect on income, we need to determine the incremental total contribution, and deduct the incremental fixed costs:

Effect on income= 3,000*(85 - 35) - 12,100= $137,900

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Dr. Byron offers two possible solutions to sleep problems. If you had a child that would not sleep, which solution do you think
natita [175]
Some solutions when your child cannot go to sleep would be:

Your baby needs to learn how to comfort himself and put himself back to sleep. You can begin slowly by introducing a soft toy or blankie during cuddle time. 
It's important to teach your blind baby the cues that indicate a shift from day to night. This means that you will want to establish a pretty strict night time routine
8 0
3 years ago
Haden Company has determined that the standard material cost for the silk used in making a dress is $27.00 based on three square
Kruka [31]

Answer:

$3,600 unfavorable

Explanation:

Given:

Standard material price = $9 per square foot

Actual material price = $9.2 per square foot

Standard material = 3 square feet

Standard material allowed = 1,000 × 3 = 3,000 square feet

Actual material used = 3,400 square feet

Direct material quantity variance = (Standard material allowed - Actual) × Standard price per unit

= (3000 - 3400) × 9

= $3,600 unfavorable

Actual material used is more than standard material allowed, so variance is unfavorable.

6 0
3 years ago
Landers Flynn Inc. has 1,000 shares of $5 cumulative preferred stock outstanding. Dividends were not paid last year. The corpora
yanalaym [24]

Answer:

The preferred stockholders $10,000

Common stockholders $4,000

Explanation:

The cumulative effect of the preferred stock is that the holders are entitled to arrears of dividends, in other words, they would receive this year last year's dividends in addition to current year's.

annual preferred stock dividends=dividend per share*number of preferred stock.

annual preferred stock dividends=$5*1000=$5000

dividends for 2 years=$5000*2=$10,000

common stock dividends=$14,000-$10,000=$4000

8 0
4 years ago
Graduating from college two years ago, Marshall lives a solidly middle-income lifestyle. He’s paying his student loans, his rent
777dan777 [17]

The correct answer to this open question is the following.

You forgot to include the question. Here we just have a statement, but no question at all.

Maybe you wanted to add an opinion or you need to say if this individual needs an extra credit card.

If that is the case, then we can comment on the following.

No. Marshall doesn't need an extra credit card. He already has six, another one could be a burden to his financial record.

Marshall is doing well. He lives a solidly middle-income lifestyle. He’s paying his student loans, his rent, and all of his other expenses on-time. There is no reason to incur more debt with another credit card.

Plus the fact that the other six cards pay 0% interest for the first year, free airline miles, and 20% off his first month’s purchases at his favorite store. But all of that is going to change after the first year and interests are coming.

Until today, he has been strict in paying his full balance each month and he is responsible enough to stop using the card once the initial features expire. Although he desires to take a vacation using the advantages of another credit card, he has to be disciplined and refrain to get it. Six cards are too many for the way of life and the job he has. The moment he loses control of the use of the credits and gets into debt, plus interests, problems are going to raise.

6 0
3 years ago
The goal of utility maximization is to allocate your ______ in order to maximize your ______.
inn [45]
<span>The goal of utility maximization is to allocate your resources in order to maximize your satisfaction.
Utility maximization is a concept which is used in the economics which explains that when a person is making a decision to purchase anything, he/she prefer to get the greatest value that is possible but at the least amount of money.
</span>
5 0
3 years ago
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