Answer:
Gunst should produce 500 Bio-mutant games:
- total contribution margin = $71 x 500 = $35,500
Explanation:
Android Bio-mutant Cyclops
selling price $100 $107 $125
labor $48 $24 $60
direct materials $9 $8 $16
variable overhead $7 $4 $9
contribution margin $36 $71 $40
labor hours 4 2 5
Bio-mutant generates by far the largest contribution margin and requires the least direct labor hours.
Gunst should produce 500 Bio-mutant games:
- total revenue = $107 x 500 = $53,500
- total contribution margin = $71 x 500 = $35,500
If it produces 250 Android games its total contribution margin will = $9,000
If it produces 200 Cyclops games its total contribution margin will = $8,000
Answer:
d. nominal GDP is $500, real GDP is $400, and the GDP deflator is 125.
Explanation:
Real GDP is total output produced in an economy within a given period multiplied by base year prices
Nominal GDP is the sum of all final goods and services produced in an economy within a given period multiplied by current year prices.
Nominal GDP = (100 × $3) + (50 × $4) =
$500
Real GDP = (100 × 1.5) + (50 × $5) = $400
GDP deflator = (nominal gdp / real gdp) x 100
(500 / 400) × 100 = 125
I hope my answer helps you
Answer:
Natural gas is debited by $6.3 million and asset retirement obligation is credited by $6.3 million.
Explanation:
According to the scenario, computation of the given data are as follow:-
Estimated cost = $16 million
Present value = $6.3 million
So, we will make journal entry for asset retirement obligation by taking present value of assets.
Journal entry to record the asset retirement obligation are as follows :-
Natural gas facility A/c Dr. $6,300,000
To Asset retirement obligation A/c $6,300,000
( Being asset retirement obligation is recorded)
Answer:
To encourage someone to do something.
Explanation:
Incentives is defined as a thing that encourages someone to do something. One negative incentive is to charge a big fine on the motorists for the high speed in the school hours so that they obey the laws strictly while on the other hand, example of positive incentive is to give rewards or gifts or medals to those who obeys the law of speed limits in the school hours.
