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Ahat [919]
3 years ago
10

Hurricane Wings has budgeted the following costs for a month in which 24,000 wings will be cooked and sold. Wings, breading, and

sauce $4,900 Direct labor (Variable) 3,500 Rent 1,100 Depreciation 900 Other fixed costs 400 Each wing sells for $0.80 each. How much would Hurricane Wing’s profit increase if 100 more wings were sold?
Business
1 answer:
Tcecarenko [31]3 years ago
5 0

Answer:

Profit increase= $45

Explanation:

Giving the following information:

Q= 24,000 wings will be cooked and sold.

Wings, breading, and sauce $4,900

Direct labor (Variable) 3,500

Rent 1,100

Depreciation 900

Other fixed costs 400

Each wing sells for $0.80 each.

First, we need to calculate the unitary variable cost:

Wings, breading, and sauce= 4900/24000= 0.2042

Direct labor= 3500/24000= 0.1458

Total variable cost= 0.35

Now, we can calculate the increase in profit:

Q increase= 100 units

Profit increase= marginal contribution*100

Profit increase= (0.80-0.35)*100= $45

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larisa86 [58]

Answer:

C. Country A would focus on growing carrots to trade with country country B.

Explanation:

Country A can produce twice as many carrots as country B. this indicates that country A seems to have a comparative advantage over Country B in carrot production. Both countries have equal capacity in the production of apples.

Country A should focus on producing carrots for sales to country B. It can produce double what country B can, meaning its production costs are lower. Country A can sell carrots to country B at a lower price than it would cost country B to produce its carrots. Therefore, country A would be prudent to focus on producing carrots and trade them to country B.

8 0
3 years ago
For 2014, Taxpayer (TP) wants to recognize a deduction. The deduction involves a statute that has not changed since enacted in 1
Vesna [10]

Answer:

Option c. is correct

Explanation:

Under the Golsen rule, the Tax Court must follows the Court of Appeals such that the court of appeals has direct jurisdiction over the taxpayer. The Court is said to reach a decision without calculating the tax when a Tax Court decision is said to be entered under Rule 155.

In this question, The Golsen rule applies here and weakens the legal justification for the deduction

4 0
2 years ago
Define the term teamwork
Stella [2.4K]

Answer:

helping and communicating

Explanation:

word done by several associates with each doing a part but all subordinating personal prominence to the effeciency of the whole

hope it helps

source: merriam webster

6 0
2 years ago
Read 2 more answers
The distribution department at Golden Grains Wheat Company has decided to adopt the FIFO (first in, first out) method of invento
Akimi4 [234]

Answer:

Option B "functional strategy " is the correct option.

Explanation:

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And therefore this strategy demonstrates best the specific situation.

6 0
3 years ago
The balance sheet of Mister Ribs Restaurant reports current assets of $36,000 and current liabilities of $18,000. Calculate the
AveGali [126]

Answer:

2

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The current ratio is a measure of a company's ability to pay its current liabilities as they mature. It is a liquidity ratio. The formula for calculating the current ratio is current assets divide by current liabilities.

i.e., the current ratio = current assets/ current liabilities

For Mr. ribs restaurant.

current ratio = $36,000/ $18000

current ratio = 2

<u>Whether current ration will increase or decrease</u>

a).<u> paid cash $4500 for a new oven</u>

current assets will decrease by $4500. new ratio will 31000/18000

which is 1.75. The oven is not a current asset.

The current ration will decrease

b<u>). Received cash  $4,500 as a contribution from an investor</u>

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Increases the current ratio

c). <u>Borrowed $8,280 cash from a bank, issuing a note that must be repaid in three yea</u>rs.

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New ratio = $44,250/20,750= 2.13.

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d)<u>Purchased $700 of napkins, paper cups, and other disposable supplies on account</u>.

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Reduces current ratio

3 0
3 years ago
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