Answer:
expected income 105,000
Explanation:
Our goal would be to multiply the average contribution margin of the company by the total units produced.
<em>Important:</em> <u>the given is the weighted average</u>, so the units mix (40% STD 60% SUPREME) is taken into consideration already, no need to additional calculation. If we were told the Contribution Margin per type of unit we will be needing to calculate the average CM.
<em>Now,</em> second step will be subtract the fixed cost from the contribution to get the pretax income
Answer:
Option (D) is correct.
Explanation:
Given that,
Beginning retained earnings = $300,000
Income tax expense = $60,000
Ending retained earnings = $320,000
Cash dividends declared = $80,000
Net income:
= Increase in Retained Earnings + Dividend Declared
= (Ending Retained Earnings - Beginning Retained Earnings) + Dividend Declared
= ($320,000 - $300,000) + $80,000
= $20,000 + $80,000
= $100,000
Answer:
1,200 hours
Explanation:
Solving mathematically this will be :
<em>y = ax^b</em>
where,
y is the cumulative average time required to produce x units
a is the time required to produce the first unit of output
x is the number of units of output under consideration
b is the log of the Learning Curve % divided by Log 2
The firm use 150 hours to work on the product during the second month
Amount of time used in the first month will be calculated as :
y = 400(8)^(-0.322)
= 204.8 hours (average)
Total for 8 units = 204.8 hours × 8 units
= 1,638.40 hours
Amount of time used for the total months to manufacture 18 units :
y = 400(18)^(-0.322)
= 157.74 hours (average)
Total for 18 units = 157.74 hours × 18 units
= 2,839.32 hours
Therefore,
Hours to be used in the second month = Time on 18 units - Time on 8 units
= 2,839.32 hours - 1,638.40 hours
= 1,200 hours
So, the firm use 1,200 hours in total for the 10 units. Which gives an average of 120 hours per unit
Answer:
b. assign the highest cost of capital to Division Z because it is most likely the riskiest of the three division.
Explanation:
The Old Town Industries will assign highest cost of capital to Division Z because it is research and development side of business. The research will incur high cost to the company. Only the research cost which meets certain conditions it will be capitalized as development costs. This Division Z is riskiest and incurs a large amount of expense for planned search of new technologies.
$66,000 investments in the economy is 5%.
<h3>What is
investments?</h3>
The dedication of an asset to achieve an increase in value over time is referred to as investment. Investment necessitates the sacrifice of a current asset, such as time, money, or effort. The goal of investing in finance is to generate a return on the invested asset.
Income investing is an investment strategy that focuses on constructing an investment portfolio that is specifically designed to generate regular income. The income investing strategy's sole goal is to generate a consistent stream of income.
The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is basically your financial risk profile that takes into account various factors like age, financial history, circumstances and your investment goals
To know more about investments follow the link:
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