Answer:
$130000
Explanation:
Given: Sales revenue= $900000.
Variable cost of goods sold= $440000.
Fixed manufacturing cost= $160000
Variable selling and administration expense= $100000.
Fixed selling and administrative expense= $70000.
Now, finding the income from operation for June.
Formula; Income from operation=
⇒ Income from operation=
⇒ Income from operation=
⇒ Income from operation=
∴ Income from operation=
Hence, $130000 is the income from operation for June.
Answer:
The net pension asset/liability reported in the balance sheet at the end of the year is $24
Explanation:
find attached the solution
Answer:
B) technological changes.
Explanation:
Structural unemployment is an unemployment resulting from the change in reorganization or technological change. This makes labor's skills do not match to industrial needs. For example, introducing automation or AI to do routine tasks makes abundant workers get out of their jobs.
Answer:
SMITH INDUSTRIES
DIRECT MATERIAL BUDGET FOR THE FIRST QUARTER
JAN FEB MAR
Production 5,600 4,200 4,800
closing inventory <u> 1,050</u> <u> 1,200</u> <u> 1,125</u>
6,650 5,400 5,925
Opening inventory <u> (1,400) </u> <u> (1,050) </u> <u> (1,200)</u>
Purchases (units) <u> 5,250 </u> <u>4,350 </u> <u> 4,725</u>
Purchases ($)($3 per unit) <u>15,750 </u> <u>13,050 </u> <u> 14,175</u>
<u>workings </u>
closing inventory
Dec = 25% *5600 = 1400
Jan = 25%* 4200 = 1050
Feb = 25%*4800 = 1200
Mar = 25%*4500 = 1125
Explanation:
Answer:
C. $200 net loss
Explanation:
The net loss or gain is calculated on hedging to determine whether the hedge has been beneficial for the company or not. Hedging is a process to transfer exchange rate movement risk. This is usually suitable for the companies who have receipts or payments in foreign currencies.
The hedging gain loss can be calculated as:
Forward rate at the time of contract - spot rate today
$1.21 - 1.232 = 0.0232