Solution:
Given,
Unfinished bookcases which retail for $59.
Pine Street is contemplating completing the bookshelves and selling them for $71.
STAY PROCESS INCREMENTAL
Revenue = 71 -59 = 12
variable = 38 -43 = -7
fixed = 10-10 = 0
Incremental net profit of a pound, Pine is projected to move forward.
Answer:
Yes, the statement is true.
Explanation:
Business owners and/or managers prefer to hire people referred this way because it has an additional layer of trust and performance assurance.
If a person refers someone personally to another, she/he will be putting her reputation at stake, hence it will be more careful with who she/he refers to. That would not happen if the referral happened thru another way, such as a curriculum data base.
Answer:
Direct Material Quantity Variance = $10200 Fav
Explanation:
given data
Units produced = 5600
Direct materials purchased and used (7800 lbs.) = $70,200
Budgeted production = 5300 units
Direct materials 2.0 lbs/unit = $3/lb
to find out
direct materials quantity variance
solution
we get here Direct Material Quantity Variance that is express as
Direct Material Quantity Variance = (Standard Quantity - Actual Quantity) × Standard Rate ......................1
so put here value we get
Direct Material Quantity Variance = ( 5600 × 2.0 - 7800 ) × 3
Direct Material Quantity Variance = (11200 - 7800 ) × 3
Direct Material Quantity Variance = $10200 Fav
Answer:
The answer is A. Yes, Cindy should hire 12th worker.
Explanation:
Please see the below for detailed calculations and explanations:
By increasing one employees, Cindy's cupcakes shop marginal cost per day will increase by the amount equals to the salary and benefit of the 12th in one day which is: $100;
The benefits brought back to Cindy's shop is the increase in marginal revenue of $150 ( calculated as $2,750 - $2,600).
As marginal revenue is higher than marginal cost in case the 12th employees is hired, Cindy should hire one more employees as it will increase her total profit at the end of the day by $50 ( i.e Marginal revenue - Marginal cost = 150 - 100 =$50).
Answer:
7.52689%
Explanation:
Ervin Company:To break even with an 93% success rate, Ervin will need to recoup
$1/0.93=$1.0752689.
Hence:
Winthrop should charge a return greater than ($1.0752689/$1.00) -1
=($1.0752689)-1
=0.0752689×100
=7.52689%
Therefore th eloan rate Winthrop Enterprises should charge Ervin Company for loans will be 7.52689%