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
Orlov [11]
3 years ago
15

Olive Corporation has two divisions, Pressing and Extracting. The company's primary product is Lavender Oil. Each division's cos

ts are provided below: Extracting: Variable costs per barrel of oil $ 9 Fixed costs per barrel of oil $ 6 Pressing: Variable costs per barrel of oil $28 Fixed costs per barrel of oil $32 The Pressing Division sells the 200 barrels at a price of $150 each to customers. What is the operating income of both divisions together
Business
1 answer:
Alex777 [14]3 years ago
5 0

Answer:

$15,000

Explanation:

Operating income is the difference between the net sales or revenue generated by a business and the operating expenses of the business.

The operating expenses of the business may be classified into 2 groups namely the fixed and variable costs.

The total operating cost of the business

= ( $9 + $6 + $28 + $32) per barrel

= $75

operating income of both divisions

= 200 ( $150 - $75)

= 200 * $75

= $15,000

You might be interested in
Sometimes the use of old technology in sales is more effective than new technology. Group of answer choices True False
Digiron [165]
True

I hope this helps (:
3 0
2 years ago
A(n) _____ force represents the influences and trends originating in the human relationships of a society that may affect indust
makkiz [27]

Answer: sociocultural

Explanation:

got the answer

3 0
2 years ago
Identify each cost as a period cost or a product cost. If it is a product​ cost, further indicate if the cost is direct​ materia
Lostsunrise [7]

Answer:

1. Wages of assembly line workers  - Product cost - Direct labor - Prime and conversion

2. Wages of the office receptionist  - Period cost

3. Property taxes on the factory - Product cost  - Manufacturing overhead - Conversion

4. Sugar and flour used to make cookies - Product cost  - Direct materials - Prime

5. Salary of the factory maintenance supervisor  - Product cost  - Manufacturing overhead - Conversion

6. Salary of the sales manager - Period cost

5 0
3 years ago
The market for breakfast cereals is dominated by a few large corporations. Each corporation produces a high volume of breakfast
Alchen [17]

Answer:

type of market structure is the market for breakfast cereals are pure competition

6 0
2 years ago
The demand for a good is inelastic with respect to price if the price elasticity of demand is:
pav-90 [236]
 The demand for a good is inelastic with respect to price if its price elasticity of demand is less than 1.
8 0
3 years ago
Other questions:
  • A higher level of interest income can be received if a savings account offers a promotional rate.
    5·1 answer
  • 1 What is "POSDCORB"
    9·2 answers
  • When will diversity affect the workplace?
    6·2 answers
  • Wanda owns a lemonade stand. she produces lemonade using five inputs: water, sugar, lemons, paper cups, and labor. her costs per
    14·1 answer
  • As customers of pierre’s dress shoppe prepared their wardrobes for winter, they purchased all of the long-sleeved dresses he had
    11·1 answer
  • If the economy were encountering a severe recession, proper monetary and fiscal policies would call for:
    8·1 answer
  • According to business process management, identify the management's next step after developing a vision for the organization.
    12·1 answer
  • When reviewing Form 13614-C, you see the "Interest" question is marked "Yes" and the taxpayer gives you a Form 1099-INT. You sho
    14·1 answer
  • Mauro Products distributes a single product, a woven basket whose selling price is $21 per unit and whose variable expense is $1
    8·1 answer
  • Ma Barker Company has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply man
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!