Answer:
Sales Revenues 26100
COGS <u> 5655</u>
gross profit 20445
rent expense 1600
depreciation expense 200
operating expense <u>2600</u>
net income 16045
Sales Revenues 26100
Variable Cost <u> 6305 </u>
Contribution margin 19795
rent expense 1600
depreciation expense 200
fixed operating expense<u> 1950 </u>
net income 16045
Explanation:
traditional:
COGS
$12 tub / 30 ice cream cones = $0.40
+ 0.25 ice cream cones
total per unit 0.65
8,700 x 0.65 = 5655
Gross profit: sales revenue less COGS
then, we subtract the rent expense, depreicaiton expense and operatign expenses to get net income.
contribution the variable cost will be subtracted from the sales revenues
that will include the 75% of the operating expenses
The difference between sales revenue and variable cost is called contribution margin.
Thank you for posting you question here at brainly. I think the statement "<span>Consumers have certain rights that do not carry corresponding responsibilities." is false. Below are the right of the consumer:
</span><span>
<span><span>
<span>
Right to Safety</span>
</span>
<span>
<span>
Responsibility of Right to Safety</span>
</span>
<span>
<span>
Right to Be Informed</span>
</span>
<span>
<span>
Responsibility of Right to Be Informed</span>
</span>
<span>
<span>
Right to Choose</span>
</span>
<span>
<span>
Responsibility of Right to Choose</span>
</span>
<span>
<span>
Right to Be Heard</span>
</span>
<span>
<span>
Responsibility of Right to Be Heard</span>
</span>
<span>
<span>
Right to Redress</span>
</span>
<span>
<span>
Responsibility of Right to Redress</span>
</span>
<span>
<span>
Right to Consumer Education</span>
</span>
<span>
<span>
Responsibility of Right to Consumer
Education</span>
</span>
<span>
<span>
Right to Healthy Environment</span>
</span>
<span>
<span>
Responsibility of Right to Healthy
Environment</span>
</span></span></span>
Answer:
Net income increase - $4,890
Explanation:
The computation of the effect on net income is shown below:
= Number of pounds of inferior product × (standard price for the materials - inferior product price per pound)
= 3,000 pounds × ($13 - $11.37)
= 3,000 pounds × $1.63
= $4,890 increase
For determining the effect we took the difference of the prices and then multiply it with the number of pounds of the inferior product
Because the judge has the final answer because Theo waved his right for a trial
Answer: $370,000
Explanation:
Your question isn't complete as there were some further questions asked before getting to this question.
The profit from 2,000 units at $349 will be:
Profit = Total revenue – Total cost
Total revenue = (P x Q)
= $349 x 2000
= $698000
Total cost = [FC + (UVC x Q)]=
= [$38,000 + ($145 x 2,000)]
=$38000 + $290000
= $328000
Profit = Total revenue - Total cost
Profit = $698000 - $328000
Profit = $370000
