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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

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You have been pricing an MP3 player in several stores. Three stores have the identical price of $300. Each store charges 24 perc
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Answer:

a. $5

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c. $6

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3 years ago
Drum buffers are:
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6 0
3 years ago
On June 30, 20X5, Mill Corp. incurred a $100,000 net loss from disposal of a business segment. Also, on June 30, 20X5, Mill paid
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Answer:

$120,000

Explanation:

Total amount for inclusion in determining Mill Corp's net income or loss is as follows.

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6 0
3 years ago
Read 2 more answers
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