Answer:
The total variable cost will be $ 16 * 3620= $ 57920
Explanation:
CC
Analyzing Proposed Project
<u> Given 1 2 3</u>
Variable Increase ---- 10% 9.125% 9.125%
<u>Fixed Decreased 6.97% </u>
Sales price per unit $24 $24 $24 $24
Variable price per unit $ 14.6 $16.06 $ 16 $ 16
Fixed Costs $ 12900 12900 $ 12900 $ 12000
Sales Volume 3620 3620 3620 3620
We have taken the sale prices constant and changed the variable costs and fixed costs.
CC
Sensitivity Analysis Report
Given 1 2 3
Sales 86880 86880 86880 86880
Variable Costs 52852 58137.2 57920 57920
Contribution Margin 34028 28742.8 28960 28960
<u>Fixed Costs 12900 12900 12900 12000 </u>
<u>Operating Profit 21128 15482.8 16060 16960</u>
Dollar Change in
<u>Variable Expenses 5645.2 5068 5068 </u>
<u />
<u>The total variable cost will be $ 16 * 3620= $ 57920</u>
Answer:
Value Added Network
Explanation:
Value Added Network -
It is the service , which is provided by some private firm , so that the company have a secure way to share the data , is referred to as value added network , VAN .
It is the most common method for the movement of the electronic data interchange ( EDI ) , in between two firm or companies .
Hence, from the given information of the question,
The correct term is Value Added Network VAN.
Answer:
An implied agreement is based on a formal agreement.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implied contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, executory contract, etc.
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement; this is generally referred to as mutual assent.
Simply stated, mutual assent connotes agreement, acceptance and consent to a contract by both parties.
An implied contract can be defined as an informal contract that exists based on an assumption or understanding between two or more parties, rather than on terms that are formally and specifically defined.
This ultimately implies that, an implied agreement is not based on a formal agreement but on assumptions or understanding between the parties involved.
Answer:
$90,000
Explanation:
In this question, we compare the net income and the difference should be reported
In the first case, the net income is
= Revenue - expense
= $1,000,000 - $750,000
= $250,000
In the first case, the net income is
= Revenue - expense
where,
Revenue is = $1,000,000 + $150,000 = $1,150,000
And, the expenses is $750,000 + $60,000 = $810,000
= $1,150,000 - $810,000
= $340,000
So, the net profit is increased by
= $340,000 - $250,000
= $90,000
The nominal income will increase with the increase in the real income.
<u>Explanation:</u>
Real income of the person is the buying or the purchasing capacity of the person. It is the nominal income adjusted for inflation. If there is an increase in the real income more than the increase in the level of the prices at a particular period of time, it means that the level of nominal income of the person will also increase.
