Answer:
D) $320,000
Explanation:
We are given the following information:
- unit price = $25 per frame
- variable costs = $12 per frame
- fixed costs = $50,000 for 25,000 frames or $2 per frame
If Frames is able to sell 30,000 frames in one month, their operating income should be:
Total sales revenue $750,000 (= $25 per frame x 30,000 frames)
<u>COGS -$430,000 [= (30,000 x $12) + $70,000] </u>
Gross operating profit $320,000
Answer:
Explanation:
Unit Cost = (4×2.50+15×2+10×2) = 60 per unit
Cost of goods sold = 28000×60 = $1680000
Gross margin = (70-60)×28000 = $280000
Answer:
Applegate cannot use the janitor's statement in the trial since the janitor was not directly involved in the work that was being discussed in the meeting. At most, Applegate can try to use some of the information to investigate further about the issue by its own.
Explanation:
The janitor could be considered a hearsay witness, but courts usually limit their testimonies depending on whether its content is admissible or not. The court and Magnifium's lawyers would examine the perception of the witness, his recollection of the events, how he communicated those events to the other party involved in the case, and most importantly the truthfulness of the witness testimony.
The janitor doesn't have a solid position in any of the possible challenges, e.g. he might be mad for being fired and is making up the story, he misinterpreted what he heard because he didn't know what they were talking about, Applegate reached the witness and offered him money to testify, his testimony may have some gray areas or may not be complete. There are simply too many possible objections that can eliminate his testimony and leave Applegate in a worse position.
Answer:
prob melt them with fire but you gotta be careful because you can burn then if not i guess just use potions or something?
Explanation:
Answer:
Lake's operating income is $120000
Explanation:
Operating income is the income generated by the operations of company less its operating cost. Another name that is used for operating income is Earnings before interest and tax (EBIT). The charges or income relating to non operating or financing activities is not included in the operating income and nor is the tax deduction included.
The formula for operating income = Sales - Cost of Sales - operating expenses.
The operating expenses here, are = Advertising + Salaries + Utilities
Thus, operating expenses = 60000 + 55000 + 25000 = $140000
The Operating Income = 440000 - 180000 - 140000 = $120000