Answer:
correct option is A. $331,000
Explanation:
given data
Direct materials = $86,000
Direct labor = 130,000
Variable factory overhead = 57,000
Fixed factory overhead = 135,000
Total costs = $408,000
avoidable = $58,000
to find out
highest price that McMurphy should be willing to pay for 12,000 units of the part is
solution
we get here highest price that McMurphy should be willing to pay for 12,000 units of the part that is express as
highest price = Direct material + Direct Labor + variable factory overhead + avoidable fixed overhead .....................1
put here value we get
highest price = $86000 + $130000 + $57000 + $58000
highest price = $331,000
so correct option is A. $331,000
Decentralization organization? I think that is the answer.
Answer:
The cash flow to stockholders amounts to $45
Explanation:
Cash flow to stockholders is the term which is defined as the cash amount which the company pays out to the shareholders.
The cash flow to stockholders is computed as:
Cash flow to stockholders = Dividend paid - New equity raised
where
Dividend paid is computed as:
Dividend paid = Net Income × %
= $360 × 35%
= $126
New equity raised is $81
So, putting the values above:
Cash flow to stockholders = $126 - $81
Cash flow to stockholders = $45
Answer:
A personal budget provides <u>a detailed account</u> of income and expenses for a <u>period.</u>
Explanation:
A personal budget is a plan of how one intends to spend their income. It shows the source of income and the total on one side. The expenses are listed on a different side. Each expenditure item is listed and its estimated amount is indicated. The total of all incomes and expenses is shown on their respective sides.
A personal budget may be prepared for a regular income say monthly, weekly, or quarterly payments. It can also be prepared for irregular incomes such as loans, gifts, or bonuses.
Answer:
1. The elasticity of demand for movie tickets must be INELASTIC.
2. Demand curves become LESS elastic in the long run. This means that the ticket price increase will likely be MORE profitable in the long run.
Explanation:
1. As demand is inelastic, the percentage of price increase will be greater than the decrease in the quantity of tickets demanded, and consequently profit will increase.
2. In the long term, demand becomes inelastic. Consequently, in the long term the percentage of the price increase will continue to be greater than the percentage of decrease in the quantity of tickets demanded.
