Answer:
- ($51,306)
Explanation:
Given that,
Loss of Contribution = $75,000
Fixed costs will be eliminated by dropping the CUP line = $23,694
Net loss on dropping cup line:
= Loss of contribution - Gain on fixed costs on dropping cup line
= $75,000 - $23,694
= - ($51,306)
Therefore, the net effect on dropping the cup line on net income is $(51,606).
Answer:
Value of addition into warranty during the current year = Total Selling price * 4%
= (100*$4000) * 4%
= $400,000 * 4%
= $16,000
Warranty liability balance Amount ($)
Opening $42,000
Add: Addition during the year $16,000
Less: Claims actually incurred <u>$11,000</u>
Closing balance <u>$47,000</u>
Answer:
Some of the factors that influence the supply of a product are described as follows:
i. Price: ...
ii. Cost of Production:
iii. Natural Conditions:
iv. Technology:
v. Transport Conditions:
vi. Factor Prices and their Availability:
vii. Government's Policies:
viii. Prices of Related Goods
<h2>
Please mark me as brainliest</h2>
Where is the question? Thanks.