Answer:
(C) Pepin The Short
Explanation:
In 741AD, Pepin took over from his father as Mayor of the Palace. He ruled alongside his elder brother.
In 743AD, Pepin and his brother chose Childeric to be the <em>apparent</em> King of the Franks. Both brothers still wielded the functional power to the throne. Childeric was just to 'appear to be' the King (unknown to him though).
In 747AD, Pepin's brother stepped down (intentionally and on his own accord). Pepin then became the only ruler of the entire Frankish territory.
In 751AD, Pepin, without full support from his clan, lured Childeric into monastery in order to remove him as the 'face of Francia'.
Pope Zacharias helped Pepin to be proclaimed King of the Franks, against all opposition.
Answer:
In short-run: Bob should stay in the business because his variable cost per product ( lawn-mowing) is still below his revenue per product. Although Bob is making loss of $10 per day ( $27 x 10 lawns - 280), he can still improve his profit be mow more lawns per day because his variable cost per unit is only $25((280-30) / 10) while his revenue per unit is $27 making his marginal profit is $2 per lawn mowed.
In the long run, Bob will exit the industry if it is getting cheaper to get lawn-mowing services ( as there is less demand or more supply) or the cost of delivering the services is higher ( increase in machinery investment, increase in the cost of oil/gas used to function the mower) making the marginal profit per unit sold is negative.
Explanation:
Explanation is given in the answer.
Answer:
Optimal mix
Reno = 615 units
Tahoe = 0 units
Explanation:
Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product with he highest contribution per unit of the scare resource
Product Cont/unit painting hr /unit cont/hr Ranking
Reno $120 4 30 Ist
Tahoe $78 3 26 2nd
The company should use all of its limited 2,460 painting hours to produce the two products as follows:
Reno
= 2460/4
= 615 units of Reno
<em>This is so as long as Billings Company can produce and sell as many units of Reno as it can produce.</em>
Optimal mix
Reno = 615 units
Tahoe = 0 units
Answer:
The correct answer is option (d) $8,000 Discount Expense plus a $20,000 positive Adjustment to Net Income when the merchandise is delivered.
Explanation:
Solution
Given that:
Spot rate:
1 euro = $1.41
Now,
Converting 400,000 euros into dollars gives us the following
400,000*1.41 =$564,000
Thys,
Contract rate,
=1 euro = $1.36
So,
Converting 400,000 euros into dollars gives us
400,000*1.36 = $544,000.00
Hence,
The increase in net income =$564,000- $544,000
=$20,000