Answer:
Profit earned=$21,000
Explanation:
Manufacturing Cost total=direct material +direct manufacturing+ Total Manufacturing overhead
Direct Material=$3500
Direct manufacturing =$2800
Total Manufacturing overhead=(($2800/12)*18)
Total Manufacturing overhead=$4200
Manufacturing Cost total=$3500+$2800+$4200
Manufacturing Cost total=$10,500
Profit earned=($11,000-$10,500)*42
Profit earned=$21,000
According to the information, Johan was beginning to recognize the informal organizational culture at Crontel Manufacturing.
<h3 /><h3>What is informal organizational culture?</h3>
It corresponds to the way in which organizational methods, regulations and practices are established in organizational routines, that is, in an informal culture, the roles and responsibilities of each position may be opposed to their formal distribution.
Therefore, the informal organization can be developed according to interpersonal relationships and activity patterns, which may or may not be reflected in the company's organizational chart.
Find out more about informal organization here:
brainly.com/question/1996110
Answer:
Cost of Equity = 11.30%
Explanation:
Computation Cost for Equity
Using Gordon Model
Market Price = [Dividend × (1 + Growth Rate )] / (Cost of Equity - Growth Rate)
41.08 = [$3.01 × (1 + 0.037)] / (Cost of Equity - 0.037)
41.08 = [$3.01 × (1.037)] / (Cost of Equity - 0.037)
Cost of Equity - 0.037 = $3.12 / 41.08
Cost of Equity - 0.037 = $0.076
Cost of Equity = 0.076 + 0.037
Cost of Equity = 0.1130
Cost of Equity = 11.30%
Answer:
The Dollar sales break even for the company is $568750, for the north region is $320000 and for the south region is $80000.
Explanation:
1. for the company:
cont margin ration = contribution/sale
= 240000/750000
= 0.32
fixed cost = 182000
dollar sales break even = fixed cost/cont margin ratio
= 182000/0.32
= $568750
2. for the north region:
cont margin ration = contribution/sale
= 120000/600000
= 0.20
fixed cost = 64000
dollar sales break even = fixed cost/cont margin ratio
= 64000/0.20
= $320000
3. for the south region:
cont margin ration = contribution/sale
= 120000/150000
= 0.80
fixed cost = 64000
dollar sales break even = fixed cost/cont margin ratio
= 64000/0.80
= $80000
Therefore, The Dollar sales break even for the company is $568750, for the north region is $320000 and for the south region is $80000.