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3 years ago

The following data is available for Blaine Corporation at December 31, 2018:

Business

1 answer:

natulia [17]3 years ago

7 0

Answer:

B. 25,000

Explanation:

Given important information here is common stock, par $10 authorized, 30,000 shares and $250,000 Treasury Stock.

To calculate how many shares of common stock have been issued we have to divide the total price of common stock/par value which is as follows:

Shares issued = 250,000/10

25,000 shares answer

Therefore the correct answer is 25,000 shares .

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Suppose that flu shots create a positive externality equal to $8 per shot. Further suppose that the government offers a $11-per-

Ede4ka [16]

Answer:

The answer is: the equilibrium quantity is larger than the socially optimal quantity.

Explanation:

In order for the equilibrium quantity and the socially optimal quantity to be equal, the government subsidy should have been equal to the positive externality created by the flu shots ($8). Since the government subsidy is larger, $11, then the equilibrium quantity will be higher (more flu shots supplied because of high subsidy).

4 0

4 years ago

Jenny Jennarator Co has the motto of placing a Jenny in every home in a state receiving more than 12 inches of snow per year. Fa

goblinko [34]

Answer:

a. 19 units

b. $56,452

c. Facility B shall be chosen.

Explanation:

As for the provided information,

We have

Costs under facility A

Cost per generator = $1,300

Setting up cost = $22,500

Number of generators = 20

Costs under facility B

Cost per generator = $950

Fixed cost = $35,000

Number of generators = 42

Selling price of generator = $2,500

a. Break even point for Type A, in units

= $\frac{Fixed\ cost}{Contrbution\ per\ generator}$

Fixed cost = $22,500

Contribution per generator = $2,500 - $1,300(Variable cost) = $1,200

Break even point in units = $\frac{22,500}{1,200} = 18.75$

since units can not be in decimals, it will be 19 units.

b. For type B contribution margin in percentage shall be:

Selling price - variable cost = $2,500 - $950 = $1,550

Contribution margin = 1,550/2,500 = 62%

Break even in dollars = $35,000/62% = $56,451.61

c. If facility Q has fixed cost = $40,000

and unit cost = $800

contribution = $2,500 - $800 = $1,700

Thus, break even in units = $40,000/1,700 = 23.5 = 24 units

As the break even for facility b = $35,000/1,550 = 22.58 = 23 units

Thus, since facility B has least break even the facility B shall be chosen, as for facility A the break even is low but profit will not be there as maximum capacity is 20 units.

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3 years ago

In a ________ computing model, companies use their own infrastructure for essential computing tasks and adopt public cloud compu

navik [9.2K]

The answer to this problem is the "HYBRID CLOUD". Hence when in a Hybrid Cloud computing model, companies use their own infrastructure for essential computing tasks and adopt public and shared cloud computing for less critical and less important operations or additional processing during and within peak business periods and time.

4 0

3 years ago

It costs Vaughn Company $26 per unit ($18 variable and $8 fixed) to produce its product, which normally sells for $38 per unit.

11Alexandr11 [23.1K]

Answer:

Effect on income= $4,800 increase

Explanation:

Giving the following information:

Unitary variable cost= $18

A foreign wholesaler offers to purchase 4800 units at $21 each. Vaughn would incur special shipping costs of $2 per unit if the order were accepted.

Because it is a special order and there is unused capacity, we will not take into account the fixed costs.

Effect on income= 4,800*21 - 4,800*(18 + 2)= $4,800 increase

3 0

3 years ago

Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.45 per pound. 15,700

Andru [333]

Answer:

A) Price 7,080 U

B) Quantity 4,630.5 U

C) Total 11.710,5‬ U

Explanation:

DIRECT MATERIALS VARIANCES

$(standard\:cost-actual\:cost) \times actual \: quantity= DM \: price \: variance$

std cost $3.45

actual cost $3.65

quantity 35,400

difference $(0.20)

$(0.2) \times 35,400 = DM \: price \: variance$

price variance $(7,080.00)

$(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance$

std quantity 36110.00

actual quantity 35400.00

std cost $3.45

difference 710.00

$(710) \times 3.45 = DM \: quantity \: variance$

quantity variance $2,449.50

Total Variance: 2,449.5 - 7,080 = -4.630,5‬

8 0

4 years ago