1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nika2105 [10]
3 years ago
6

Speical Order Soni, LTD produces wall mounts for flat panel television sets. The forecasted income statement for 2017 is as foll

ows:
SONI, LTD
Budgeted Income Statement
For the Year 2017
Sales ($44 per unit) $ 4,400,000
Cost of good sold ($ 36 per unit) (3,600,000)
Gross profit 800,000
Selling expenses ($3 per unit) (300,000)
Net income $500,000
Additional Information
(1) Of the production costs and selling expenses, $800,000 and $100,000, respectively, are fixed.
(2) Soni, LTD received a special order from a hospital supply company offering to buy 12,500 wall mounts for $30. If it accepts the order, there will be no additional selling expenses, and there is currently sufficient excess capacity to fill the order. The company's sales manager argues for rejecting the order because "we are not in the business of paying $36 to make a product to sell for $30.
Required:
1. Calculate the current production volume.
2. The variable production cost are $ ___________.
Business
1 answer:
tino4ka555 [31]3 years ago
8 0

Answer:

Explanation:  

You might be interested in
What is work?
bekas [8.4K]
Work refers to any useful activity.
5 0
2 years ago
Read 2 more answers
What is the gdp?
sattari [20]
C the geographical location of a business
6 0
3 years ago
Read 2 more answers
What are the two factors you should consider when choosing which target date fund is best for you?
Sati [7]

Answer:

Expenses and glide path are just two factors that investors should consider

Explanation:

please friend me

4 0
2 years ago
The CPA Practice Advisor reports that the mean preparation fee for 2017 federal income tax returns was $273. Use this price as t
larisa [96]

Answer:

The CPA Practice Advisor

The probability that the mean price for a sample of 30 federal income tax returns is within $16 of the population mean is:

= 56%

Explanation:

a) Data and Calculations:

Population mean (preparation fee for 2017 federal income tax returns) = $273

Population standard deviation of preparation fees = $100

Mean price for a sample of 30 federal income tax returns = $257 (which is within $16 of the population mean)

z = (x-μ)/σ

z = standard score

x = observed value

μ = mean of the sample

σ = standard deviation of the sample

Z = ($273 - $257)/$100

= 0.16

Using the z-table

P = 0.5636

6 0
2 years ago
The Pennsylvania Turnpike is a tolled freeway running through the state of Pennsylvania. Motorists must pay tolls at various poi
slamgirl [31]

Answer: Private good

Explanation:

  According to the given scenario, the Pennsylvania Turnpike is classified the private type of good on the basis of given situation as private good is one of the type of goods that must be purchased by the customers due to its positive advantages or benefits.

The private goods are consumed by the customer in maximum amount in the market as it is one of the essential type of good as it is Rivalry and excludability.  

The following are some example of the private goods are as follows:

  • Food
  • Clothes
  • Fresh air
  • Knowledge

 Therefore, Private good is the correct answer.   

 

4 0
3 years ago
Other questions:
  • ​Ronny's Pizza House operates in the perfectly competitive local pizza market. If the price of pizza cheese​ increases, ceteris
    12·1 answer
  • A grain elevator operator bought a futures contract for 5,000 kilograms of rice at $1.50 per kilogram. The initial margin is $4,
    5·1 answer
  • A company estimates that an average-risk project has a WACC of 10 percent, a below-average-risk project has a WACC of 8 percent,
    11·1 answer
  • Who invented assembly line production?
    10·1 answer
  • Tatum Company has four products in its inventory. Information about the December 31, 2021, inventory is as follows: Product Tota
    7·1 answer
  • Suppose the reserve requirement is 10%.
    5·1 answer
  • g announced that it plans to cut its dividend from $2.50 to $1.50 per share (next year) and use the extra funds to expand its op
    12·1 answer
  • What is the term that slaves used for the voyage across the atlantic?
    7·1 answer
  • When a taxpayer rents a residence for part of the year, the residence is not eligible as a qualified residence for the home mort
    15·1 answer
  • List the five elements of a firm's macroenvironment, and illustrate how each element affects the firm.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!