1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
REY [17]
2 years ago
15

Bronson Corporation incurs the following annual costs in producing 30,000 video cards for computers: However, if Bronson purchas

es the video cards from another company at a cost of $10 per card, what would be the increase (decrease) in net income if no fixed costs can be eliminated?
Business
1 answer:
Travka [436]2 years ago
5 0

Answer: ($60,000)

Explanation:

Fixed cost is a cost that doesn't vary alongside production level. It should be noted that the relevant cost for production will be addition of the direct materials to the direct labour and the variable maufacturing overhead. This will be:

= $60,000 + $80,000 + $100,000

= $240,000

The relevant costs that will be bought will be:

= 30,000 × $10

= $300,000

Therefore there'll be decrease in net income by:

= $300,000 - $240,000

= $60,000

The answer will be ($60,000)

You might be interested in
Alpha company anticipated unit sales of widgets are January, 5,000; February, 4,000; and March 8,000. Alpha consistently maintai
alexdok [17]

Answer:

1. 4,200 units

2.7,200 units

Explanation:

<u>Prepare the Production Budget for January and February</u>

                                                               January                   February

Budgeted Sales                                       5,000                       4,000

<em>Add </em>Budgeted Closing Stock                 3,200                       6,400

Total Production Needed                       8,200                      10,400

<em>Less</em> Budgeted Opening Stock             (4,000)                     (3,200)

Budgeted Production                             4,200                        7,200

Budgeted Opening Stock for January comes from 80% of closing inventory from December !

5 0
3 years ago
What are three causes and effects of the haymarket square riot
Ulleksa [173]
Effects:

increased anti-labour and anti-immigrant sentiment and suspicion of the international anarchist movement

Causes:

Haymarket Square turned into a riot after someone threw a bomb at police.
3 0
2 years ago
LIST THE 7 MOST GORGEOUS RUSSIAN SUPERMODELS.
kvv77 [185]

Dude, you've got your priorities all sorted out ahahah

7 0
2 years ago
Read 2 more answers
pJimmy is a client of yours and he has some holdings in U.S. T-Bonds. Over the past year, he received $500 in interest from thes
Firdavs [7]

Answer:

Jimmy must pay federal income taxes for the $500 earned in dividends during last year = $500 x 28% = $140

Since interest earned on federal securities are not taxed by state or local governments, there is no state tax liability.

Jimmy's total taxes due from dividends earned = $140

5 0
2 years ago
Assume the cost of aluminum used by soft-drink companies increases. Which of the following correctly describes the resulting eff
EastWind [94]

Answer:

III. The supply of soft drinks decreases

Explanation:

Changes different from price and quantity supplied or quantity demanded will cause changes in the total supply or demand. In this case, an increase in the cost of the aluminum used by soft-drink companies will increase their cost of production. Because this affects companies which supply canned soft drinks, this increase in the cost of production will affect the total supply. If the cost of production increase, with the same resources, they will produce less but need to compensate this decrease in units by increasing the price. In the demand and supply graph, the supply will shift to the left and this will decrease the equilibrium quantity and increase the equilibrium price.

6 0
3 years ago
Other questions:
  • A customer has $20,000 to invest, but needs immediate access to the funds to pay a variety of bills that will arrive over the ne
    9·1 answer
  • John Jansen, an employee of Redwood Company, had gross earnings for the month of May of $4,000. FICA taxes are 7.65% of gross ea
    6·1 answer
  • Which of the following is the best area on a vehicle to place a jack
    9·2 answers
  • A(n) ____ cannot be changed or ended. irrevocable trust living will power of attorney revocable trust will
    14·1 answer
  • Jasper makes a $25,000, 90-day, 7% cash loan to clayborn co. jasper's entry to record the collection of the note and interest at
    10·1 answer
  • The owner of a life insurance policy has decided to surrender the life insurance policy to the insurer. Since inception of the l
    14·1 answer
  • Sanborn Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year.
    5·1 answer
  • The recording of the factory labor incurred for general factory use would include a debit to:
    5·1 answer
  • 1.
    6·2 answers
  • Karen makes $10 per hour and is paid time and
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!