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Alla [95]
3 years ago
7

Summer Nights sells bottles of bug spray for $ 9.00 each. Variable costs are $ 4.00 per​ bottle, while fixed costs are $ 40 comm

a 000 per month for volumes up to 40 comma 000 bottles of spray and $ 58 comma 000 per month for volumes above 40 comma 000 bottles of spray. The flexible budget would reflect monthly operating income for 23 comma 000 bottles of spray and 31 comma 000 bottles of spray of what dollar​ amounts?
Business
1 answer:
Yanka [14]3 years ago
8 0

Answer:

Operating Income              $75,000             $115,000

Explanation:

The computation of the operating income reflected is shown below:

Units                                    23,000       $31,000

Contribution Margin per Unit   $5                $5

Contribution Margin (Units × Per Unit) $115,000   $155,000

Less : Fixed Cost              -$40,000             -$40,000

Operating Income              $75,000             $115,000

The contribution margin per unit is come from

= Selling price per unit - variable cost per unit

= $9 - $4

= $5

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Wolery Inc. has provided the following data concerning one of the products in its standard cost system. Inputs Standard Quantity
nadezda [96]

Answer: The labor efficiency variance for the month is closest to: $2576

Explanation:

Given:

Actual output 8,800 units

Actual direct labor-hours 1,610 hours

Actual direct labor rate $ 23.30 per hour

The labor efficiency variance for the month is computed as :

The labor rate variance = Actual hours×(Actual rate - Standard rate)

=1610 ×($23.30-$21.70)

=$2576

7 0
3 years ago
Read 2 more answers
7. Kraft Company expects to give a dividend of $2 next year. Dvidend increases by 4 per cent require a 12% return. What will be
Nat2105 [25]

Answer:

$28.125

Explanation:

Dividend D1= $2

(Dividend is given at the end of 1 year)

Growth g= 4% or 0.04

Required Return r = 12% or 0.12

Step1- Share price of company A today

As per Dividend Growth Model

Share price =Expected dividend/(required return - growth rate)

S0 = Do(1+g) / (r-g)

S0 = D1/(r-g)

S0 = 2/(0.12-0.04)

S0 = $25

Therefore share price of company A today for given details will be $25

Step2 - Expected dividend at the end of 3 years

D4=D0(1+g)^4

( as we already have D1 which is one time growth multiplied, therefore to find dividend at the end of 3rd year we will multiply 1 Less growth multiplier to D1)

D4= D1(1+g)^3

D4 = 2(1+0.04)^3

D4 = $2.25

Step3 - Share price of company A in 3 year

Share price =Expected dividend/(required return - growth rate)

S3 = D4/(r-g)

S3 = 2.25/(0.12-0.04)

S3 = $28.125

Therefore share price of company A in 3 years for given details will be $28.125

7 0
3 years ago
A ______ tax structure applies the same tax rate to all levels of income, while a ______ tax structure applies higher tax rates
valina [46]

1. <u>Proportional taxation</u> applies where the same tax rate is used no matter the level of income.

2. A <u>progressive tax structure</u> uses higher tax rates with increases in the tax base.

3. A <u>regressive tax structure</u> applies lower tax rates despite increases in the tax base.

<h3>The differences between the tax structures</h3>

The implication of the above explanations is that a progressive tax system takes a larger percentage of income from high-income groups than from low-income groups. A proportional tax system takes the same percentage of income from all income groups, while a regressive tax structure operates from the opposite angle, taking a larger percentage of income from low-income groups than from high-income groups.

Thus, one of these three tax structures may be prevalent in some countries of the world.

Learn more about the progressive, proportional, and regressive tax structures here: brainly.com/question/13701600

3 0
2 years ago
Which of the following assumptions is accurate and should be considered by anyone who wants to start a business?
r-ruslan [8.4K]

B, business owners need to start by developing a detailed business plan.


hope this helps!


6 0
3 years ago
Read 2 more answers
The Dell Corporation borrowed â$ at â% interest perâ year, which must be repaid in equal EOY amountsâ (including both interest a
egoroff_w [7]

Answer:

A. $2,098,000 per year

B. $2,588,000

Explanation:

A. Calculation for How much must Dell repay at the end of each year

First step is to calculate (A/P, 7%, 6 )which will give us (0.2098)

Now let Calculate the amount to repay

Amount to repay= $10,000,000 (A/P, 7%, 6)

Amount to repay= $10,000,000 (0.2098)

Amount to repay = $2,098,000 per year

Therefore the amount that Dell will repay at the end of each year will be $2,098,000 per year

2. Calculation for How much of the total amount repaid is interest

Total interest repaid = ($2,098,000*6 years)− $10,000,000

Total interest repaid=$12,588,000-$10,000,000

Total interest repaid= $2,588,000

Therefore the total amount repaid interest will be $2,588,000

4 0
3 years ago
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