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Leto [7]
4 years ago
13

North Division has the following information:

Business
1 answer:
VLD [36.1K]4 years ago
5 0

Answer:

due to elimination

income will decrease by $526000

Explanation:

Given data

Sales =  $1180000  

Variable expenses = $654000  

Fixed expenses =  $620000

to find out

incremental effect on net income

solution

we know here total sale is $1180000 and Variable expenses is  $654000

so contribution  if the division is dropped is sales - Variable expenses

put these value

contribution = 1180000 - 654000

contribution = 526000

so we say that due to elimination

income will decrease by $526000

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Tidewater Company uses the product coot concept of applying the cost-plus approach to product priding The cost and expenses of r
kkurt [141]

Answer:

The desired profit from the sale and production of K is 10% of invested amount=10%*$1285000

             =$128500

cost per unit =$18.68

b.total manufacturing cost=$18.68*50000=$934000

cost per unit remains=$18.68

Profit per unit =$2,57

markup %=2.57/18.68=13.76%

Selling price =cost+mark up

                       =$18.68+$2.57

                        =$21.25

Explanation:

I have attached an excel file for further understanding on the formulas used above,please check out the file in order to gain  better insights into the exercise.

Download xlsx
4 0
3 years ago
Which is true of someone with a low credit score? i. they probably make on time payments. ii. they may not be able to rent the a
exis [7]
They are more likely to miss a payment than someone with a high credit score is the answer .
5 0
4 years ago
Read 2 more answers
Metaline Corp. uses the weighted average method for inventory costs and had the following information available for the year. Eq
o-na [289]

Answer:

The correct answer is C. 3240 units.

Explanation:

The calculation of Equivalent units of production for the year is given below.

Add

Begining inventory               = 60% * 200         = 120 units

completed in this period

Units put in process                                         = 3200 units

Less

Un-complete closing         =  20% * 400       =  (80 units)

stock

Equivalent units                                           =    3240

3 0
3 years ago
Ralph Chase plans to sell a piece of property for ​$170000. He wants the money to be paid off in two ways monica ​short-term not
Crazy boy [7]

Answer:

amount paid at a rate of 9% = 90000

amount paid at a rate of 7% = 170000-90000=80000

Explanation:

We have given total amount = $170000

Let amount paid at rate of 9% is x

Then amount paid at a rate of 7% = 170000-x

We know that sum of individual interest will be equal to total interest

So 0.09\times x+(170000-x)0.07=13700

9x+1190000-7x=1370000

2x=180000

x=90000

So amount paid at a rate of 9% = 90000

And amount paid at a rate of 7% = 170000-90000=80000

3 0
3 years ago
Dave owns 15 shares of ABC mining stock. on monday the value of each shares rose $2 but on tuesday the value fell $5. what is th
IgorC [24]
First, the value of each share rose by 2. So we have +2.

Then it fell by 5. So we have
2 - 5 = -3

Each share has a net value of negative 3.
Dave owns 15 shares. So,
15 * (-3) = -45.
So, there is a net loss of $45.
8 0
3 years ago
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