Do you think a luxury brand can ever be called good value? Explain your answer

Crane Company had the following account balances:

aivan3 [116]

Answer:

The correct answer is $479,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the total revenue by using following formula:

Total revenue = Net sale + Dividend revenue + Rent revenue

Where, Net sales = Sales revenue - Sales return

= $445,000 - $34,000 = $411,000

By putting the value in the formula, we get

Total revenue = $411,000 + $10,500 + $58,000

= $479,500

4 0

3 years ago

The Ramapo Company produces two products, Blinks and Dinks. They are manufactured in two departments, Fabrication and Assembly.

katen-ka-za [31]

Answer:

Allocated MOH per unit= $45.94

Explanation:

Giving the following information:

Product Number of Units Labor Hours Per Unit

Blinks 1,178 2

Dinks 2,060 3

Estimated overhead costs for the period= 108,300 + 87,800= $196,100

Total direct labor hours= (1,178*2) + (2,060*3)= 8,536

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 196,100 / 8,536

Predetermined manufacturing overhead rate= $22.97 per direct labor hour

<u>Now, we allocate overhead to Blinks:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 22.97*2= $45.94

5 0

2 years ago

If the economy is at potential output and the fed increases the money supply, in the long run real gdp will likely:________

Soloha48 [4]

If the economy is at potential output and the fed increases the money supply, in the long run real gdp will likely decrease.

<h3><u>What is supply?</u></h3>

A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers.
When shown as a graph, supply can refer to the quantity that is offered at a particular price or the quantity that is offered over a range of prices.
This is strongly related to the demand for an item or service at a particular price; all other things being equal, the supply offered by producers will increase if the price rises because all businesses aim to maximize profits.

Trends in supply and demand are what underpin the modern economy. Based on price, utility, and personal choice, any particular commodity or service will have its own unique supply and demand patterns.

Know more about supply with the help of the given link:

brainly.com/question/13296654

#SPJ4

7 0

1 year ago

In the united states, the 401(k) plan or individual retirement account is a what kind of plan ?.

Delicious77 [7]

It is a retirement plan

4 0

2 years ago

Read 2 more answers

Following is the information about Eclypso Company's two products: Product X Product Y Unit selling price $10.00 $10.00 Unit var

xz_007 [3.2K]

Answer:

50,000 units are required to break even

Explanation:

Eclypso Company

Product X Product Y

Unit selling price $10.00 $10.00

Less

Unit variable costs:

Manufacturing $ 6.00 $ 7.00

Selling 1.00 1.00

Total variable costs $ 7.00 $ 8.00

Contribution Margin per unit 3 2

Monthly fixed costs are as follows:

Manufacturing $ 90,000

Selling and administrative 50,000

Total fixed costs $140,000

Weighted Contribution Margin per unit = ($3 * 80% + $ 2 * 20%)= 2.4+ 0.4=

$ 2.8

Combined Break Even Volume = Fixed Costs/ Weighted Contribution Margin Per unit

Combined Break Even Volume = $ 140,000/ 2.8=50,000

5 0

3 years ago