Answer:
$6,655
Explanation:
Variable cost per bag = $3.70
Total fixed cost = $10,000
Unit selling price before further processing = $9.05
No of bags = 10,000
Contribution per bag = 9.05-3.7 = $5.35
Total revenue = 9.05*10,000= $90,500
Net income =90500-(10,000+37000 )= 43500
Incremental cost =2100
Incremental revenue( 10,000*8.05) + (3100*6.05)
80500 + 18755 = $99255
Net income = 99255 - (2100+47000)= 50155
Financial advantage = 50155-43500=6655
Answer:
$745,000
Explanation:
The computation of the net account receivable is shown below:
The net account receivable is
= Adjusted balance of account receivable - allowance for doubtful debts
= $800,000 - $55,000
= $745,000
We simply deduct the allowance for doubtful debts from the adjusted balance of account receivable so that the net account receivable could come
Answer:
$84,000
Explanation:
The computation is shown below:
Particulars Order Size Customer support Other Total
Manufacturing overhead $24,000 $408,000 $48,000 480000
Selling and administrative
expenses $60,000 $20,000 $20,000 $100,000
Total $84,000 $428,000 $68,000 $580,000
The allocation of manufacturing overhead is done in 5% 85% 10% 100%
The allocation of selling and administrative expense is done is 60% 20% 20% 100%
Answer:
Three years from the expiration of the contract
.
Explanation:
Hello There!
Your answer would be <u>C). A tortious act may also be a criminal act.</u>
The reason why C would be your answer is because a tortious act is something that harms someone in any way. The reason why it "may" be a criminal act is because determine if the tortious act is a criminal act really depends on the scenario that is occurring. For example, someone could cause a tortious act in a way of self defense, this scenario would be debatable because the person that committed the tortious act had a valid reason in doing so, and that was protecting themselves. But, if a person was to cause a tortious act by hurting someone to steal from them, then that would definitely be a criminal act because they are performing dangerous things to someone else, and the person could file a lawsuit against it.
Let's dive into why the other answer choices are incorrect. We can use the old fashion process of elimination:
Answer choice "A). A tortious act is always a criminal act" is incorrect because it is not always a criminal act, it depends on the scenario it's in. This is the reason why this answer choice would be eliminated.
Answer choice "B). A criminal act is always a tortious act" is incorrect because there are MANY criminal acts that doesn't harm anyone, for example, tax evasion (not paying taxes) is a criminal act, but does not cause any harm to anyone. This is the reason why this answer choice would be eliminated.
Answer choice "D). A tortious act is the same as a contract dispute" is incorrect because harming someone is not the same as not doing what a contract says. A contact dispute is when someone that's part of a contract did not do a duty that the contract says that they're suppose to do, and that usually doesn't have to be any harm to anyone. That would not be the same as a tortious act, harming someone. This is the reason why this answer choice would be eliminated.
