How do you invest in a company???

Minnesota Company has no beginning and ending inventories, and has the following data about its only product: Fixed manufacturin

Schach [20]

Answer:

Effect on income= $10,000 increase

Explanation:

Giving the following information:

Variable manufacturing costs $1,030,000

Variable selling and administrative costs $120,000

The company has received a special order for 1,000 units at $60.00 per unit.

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

First, we need to calculate the unitary variable cost:

Unitary variable manufacturing cost= 1,030,000/23,000= $44.78

Unitary variable selling and administrative cost= 120,000/23,000= $5.22

Total unitary variable cost= 44.78 + 5.22= $50

Now, we can determine the effect on income:

Effect on income= 1,000*(60 - 50)= $10,000 increase

7 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

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional

Murrr4er [49]

<h2>Answer:</h2><h3>1)One employee may have more deductions than the other employee, such as a larger number of dependents, or may be choosing to pay more of her paycheck into Social Security. </h3><h3 /><h3>2)Hourly Gross Pay is calculated by multiplying the number of hours worked in the pay period times the hourly pay rate. Overtime pay is also included in the gross pay calculation. Gross pay for salaried employees is calculated by dividing the total annual pay for that employee by the number of pay periods in a year.</h3>

4 0

3 years ago

Delivery Service purchased a commercial umbrella policy with a $10 million liability limit and a $100,000 self-insured retention

Margaret [11]

Answer:

Business umbrella approach gives inclusion to the firm against those misfortunes that may bankrupt the firm. The arrangement covers a definitive misfortune in abundance of held breaking point happens because of real injury, property harm, promoting and individual injury. A definitive misfortune is the lawful risk to which back up plan is committed to pay. As far as possible is the accessible furthest reaches of the fundamental protection. According to the umbrella arrangement, the protected needs to keep up some base measure of obligation before the case is paid by the umbrella strategy. In the event that the guaranteed is secured under some other strategy, at that point first that sum is paid and remaining sum is paid by umbrella approach in the wake of fulfilling oneself safeguarded maintenance.

The complete loss to the organization is $5 million, at that point $1 million will be paid by general obligation strategy and $1 million will be paid by business auto approach. Out of the remaining $3 million, self-safeguarded limit is $100,000 which demonstrates that $2.9 million ($3 million less 5100,000) will be paid by umbrella arrangement.

3 0

3 years ago

Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f

Ainat [17]

Answer:

1. Margin = 8%

2. Turnover = $7,500,000

3. Return on Investment = 12%

Explanation:

Sales for the year = $7,500,000

Net Operating Income = $600,000

Average Operating Assets = $5,000,000

1. Therefore, Margin = ( Net operating Income/Total Sales ) $\times$ 100 = 8%

2. Turnover = Sales for the period = $7,500,000

3. Return on Investment = Net Income/Average Operating assets

= $600,000/$5,000,000 = 12%

5 0

3 years ago