The average of the 30 stocks in the Dow Jones decreased. Apex
Answer:
Income reported under absorption costing =$440,000
Explanation:
<em>The income reported under absorption costing can be determined by adjusting the income under variable costing for difference in profit.</em>
<em>The steps are outlined below:</em>
<em>Step 1</em>
<em>Calculate the Overhead absorption rate</em>
OAR = Budgeted Fixed overhead/ Budgeted number of units
= $270,000/ 27,000 units
= $10
<em>Step 2</em>
<em>Calculate the change in inventory </em>
8500 units (given)
<em>Step 3</em>
<em>Calculate the difference in profit </em>=
<em> Difference in profit = OAR × change in inventory</em>
=8500×$10
= $85000
<em>Step 4</em>
<em>Calculate Income under absorption costing</em>
<em> = Income under variable costing + Difference in profit</em>
=$85,000 + $355,000
=$440,000
Income reported under absorption costing =$440,000
Answer: True- An uncontrollable change in the marketing environment
Explanation:
According to the given question, The manager of the store is noticed that the regular customer of his store is reducing day by day and the customers starts shopping from Walmart super-center.
So, the main fundamental marketing problem is illustrated based on the given scenario is that an uncontrollable change in marketing environment.
An uncontrollable factors basically influencing the various types of organizational factors such as performance, demographics and the technological factors.
Therefore, The given answer is correct.
Answer:
If discontinued, then their operating income will decrease by 168,800
It is a better deal to continue the backpack division active.
Explanation:
sales 960,000
variable cost (475,000)
contribution 485,000
fixed cost (527,000)
loss (42,000)
if Dropped
40% of fixed cost are unavoidable
527,000 x 40% = (210,800)
Difference: 42,000-210,800 = (168,800)
Answer:
the earning per common share is $3.83 per share
Explanation:
The computation of the earning per common share is shown below
= Net income ÷ weighted number of outstanding shares
= $1,143,000 ÷ (298,000 shares)
= $3.83 per share
We simply divided the net income from the weighted number of outstanding shares so that the earning per share could be determined
hence, the earning per common share is $3.83 per share
