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Ksivusya [100]
3 years ago
13

Based on a predicted level of production and sales of 22,000 units, a company anticipates total variable costs of $99,000, fixed

costs of $30,000, and operating income of $36,000. Based on this information, the budgeted amount of fixed costs for 20,000 units would be:
A. $165,000B. $150,000C. $117,272D. $181,500E. $141,900
Business
1 answer:
Hunter-Best [27]3 years ago
4 0

Answer:

correct answer is option B

I.E $150,000

Explanation:

GIVEN DETAILS:

Variable cost $99,000

Fixed cost $30,000

Operating income $36,000

Total sales for 22,000 units = Variable cost + Fixed cost + Operating income

total cost  = $99,000 + $30,000 + $36,000 = $165,000

Selling price of per unit = $165,000 / 22,000 = $7.5

Budgeted amount for  20,000 units = $7.5 x 20,000 = $150,000

so correct answer is option B

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Patty Corporation holds 75 percent of Slider Corporation's voting common stock, acquired at book value. The fair value of the no
Marina86 [1]

Answer:

1) d. $175,000

2) b. $156,250

Explanation:

1. The computation of net income for 20X9 under the treasury stock method is shown below:-

Net income for 20X9 under the treasury stock method = Janet Operating income + Slider operating income

= $100,000 + $75,000

= $175,000

2. The computation of income assigned to the controlling interest for 20X9 is shown below:-

income assigned to the controlling interest for 20X9 = Janet Operating income + (Slider operating income × Remaining percentage)

= $100,000 + ($75,000 × 75%)

= $100,000 + $56,250

= $156,250

Therefore we have applied the above formulas.

5 0
3 years ago
Fuente, Inc., has identified an investment project with the following cash flows. Year Cash Flow 1 $ 950 2 1,180 3 1,400 4 2,140
Anon25 [30]

Answer:

$6,225.08

Explanation:

The computation of the future value of these cash flows in year 4 is shown below:

= Year 1 cash flow × (1 + interest rate)^year + Year 2 cash flow × (1 + interest rate)^year + Year 3 cash flow × (1 + interest rate)^year + Year 4 cash flow × (1 + interest rate)^year

= $950 × 1.08^3 + $1,180 × 1.08^2 + $1,400 × 1.08^1 + $2,140

= $950 × 1.259712  +  $1,180 × 1.1664  + $1,400 × 1.08 + $2,140

= $1,196.7264  + $1,376.352  + $1,512  + $2,140

= $6,225.08

3 0
3 years ago
The best way to research an expensive product is to? A. Visit multiple company websites B. Watch many television commercials C.
uysha [10]
All of them are good options, but I would say that D would be the most practical. This is because you’re able to find a large amount of information about a product and view its uses in your situation without paying the cost of the actual product itself.
5 0
3 years ago
Read 2 more answers
Changes in taxes first cause changes in _____, and thus the government tax multiplier is _____ than the government spending mult
antoniya [11.8K]
<span>Changes in taxes first cause changes in disposable income, and thus the government tax multiplier is smaller than the government spending multiplier.
Spending multiplier, which is also called fiscal multiplier shows or represent the multiple by which GDP increments or declines because of an expansion and reduction in government uses and venture. 
</span>

Tax multiplier<span> refers to the multiple by which GDP increments or declines because of an expansion and reduction in taxes that are charged by governments.The two types of tax multiplier are, simple tax multiplier and complex type multiplier.</span>

8 0
3 years ago
Read 2 more answers
A 3/1 ARM is made for $150,000 at 7% with a 30 year maturity. Assuming that fixed payments are to be made monthly for three year
sveticcg [70]

Answer:

Monthly paymenty for  $ 997.954

Explanation:

We have to calcualte for the PTM of the mortgage for the first three years at which the rate is fixed:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV $150,000

time 360 (30 years x 12 months)

rate 0.005833333 (7% annual / 12 months)

150000 \div \frac{1-(1+0.005833)^{-360} }{0.005833} = C\\

C  $ 997.954

8 0
3 years ago
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