Answer:
You should make sure you are putting money into it every week, month, or year.
Explanation:
You must make sure you have enough money in the account so if you have some kind of an injury, or you want to buy something that costs lots of money such as a car, or a house, you want to make sure enough money is going into that account.
Answer:
$62,100
Explanation:
Given that,
Sales price per unit = $ 40
Variable costs per unit:
Manufacturing = $ 23
Marketing and administrative = $ 8
Total fixed costs:
Manufacturing = $ 76,000
Marketing and administrative = $24,000
Total incremental costs:
= Variable manufacturing + Variable marketing and administrative
= (6,900 × $23) + (6,900 × $8)
= $158,700 + $55,200
= $213,900
Incremental income:
= Incremental revenue - Total incremental costs
= (6,900 × $40) - $213,900
= $276,000 - $213,900
= $62,100
Therefore, the operating income increases by $62,100.
Answer:
c. There is greater potential for high yield over a longer period
Explanation:
Answer:
$3.10 ; $2.10 and $14.20
Explanation:
The computation of the activity rates is shown below:
For Activity 1
= Budgeted cost ÷ Total budgeted activity of cost driver
= $94,550 ÷ (18,200 + 8,100 + 4,200)
= $94,550 ÷ 30,500
= $3.10
For Activity 2
= Budgeted cost ÷ Total budgeted activity of cost driver
= $53,550 ÷ (7,100 + 13,200 + 5,200)
= $53,550 ÷ 25,500
= $2.10
For Activity 3
= Budgeted cost ÷ Total budgeted activity of cost driver
= $59,995 ÷ (1,175 + 1,000 + 2,050)
= $59,995 ÷ 4,225
= $14.20