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Ede4ka [16]
3 years ago
13

How much did at&t stadium cost to build?

Business
1 answer:
ArbitrLikvidat [17]3 years ago
6 0
The cost was $1.15 billion
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Marigold Batteries is a division of Enterprise Corporation. The division manufactures and sells a long-life battery used in a wi
Sholpan [36]

Answer:

Marigold Batteries

A Division of Enterprise Corporation

1) Income Statement, absorption costing:

                                           60,000 Units  90,000 Units

Sales revenue                     $1,980,000     $2,970,000

Manufacturing costs:

Variable manufacturing costs 780,000        1,170,000

Fixed manufacturing costs     540,000         540,000

Total manufacturing costs $1,320,000      $1,710,000

Gross profit                           $660,000    $1,260,000

Expenses:

Variable selling and admin    300,000         450,000

Fixed selling and admin          50,000            50,000

Total expenses                    $350,000       $500,000

Net income                           $310,000       $760,000

2) Income Statement, variable costing:

                                           60,000 Units  90,000 Units

Sales revenue                     $1,980,000     $2,970,000

Variable costs:

Variable manufacturing costs 780,000         1,170,000

Variable selling and admin     300,000          450,000

Total variable costs            $1,080,000     $1,620,000

Contribution margin            $900,000      $1,350,000

Fixed costs:

Fixed manufacturing costs    540,000         540,000

Fixed selling and admin          50,000            50,000

Total fixed costs                  $590,000       $590,000

Net income                           $310,000       $760,000

Explanation:

a) Data and Calculations:

Selling price per unit = $32

Expected unit sales             60,000         90,000

Production units                  60,000         90,000

Beginning inventory  = 0

Selling price per unit = $33

Variable manufacturing costs = $13 per unit

Fixed manufacturing costs = $540,000

Variable selling and administrative expenses = $5

Fixed selling and administrative expenses = $50,000

b) The key difference lies with the treatment of fixed and variable costs.  With absorption costing, the fixed manufacturing costs are included in the costs of products.  With variable costing, they are treated as period costs or expenses.  Also, with variable costing, variable selling and administrative costs are included in the variable costs of the products.  The variable costing method calculates the contribution margin before deducting the fixed expenses to arrive at the net income.  On the other hand, the absorption costing method calculates the gross profit instead of the contribution margin.

5 0
3 years ago
Baab Corporation is a manufacturing firm that uses job-order costing. The company's inventory balances were as follows at the be
Dominik [7]

Answer:

Baab Corporation

a. Schedule of cost of goods manufactured:

Beginning work in process       $ 27,850

Direct raw materials                    280,150

Direct labor                                 377,850

Manufacturing overhead           297,279

Ending work in process            ($ 9,850)

Cost of goods manufactured $973,279

b. The overhead was underapplied (by $9,121).

Explanation:

a) Data and Calculations:

                           Beginning   Ending

Raw materials      $ 14,850 $ 22,850

Work in process $ 27,850   $ 9,850

Finished Goods $ 62,850  $ 77,850

Estimated machine hours = 33,850

Manufacturing overhead cost = $294,495

Predetermined overhead rate = $294,495/33,850 = $8.70 per mh

Raw materials purchase $315,850

Raw materials used for production $307,850

Direct raw materials $280,150

Indirect raw materials $27,700

Direct labor$377,850

Indirect labor, $96,850

Administrative salaries, $172,850

Selling costs, $147,850

Factory utility costs, $10,850

Depreciation:

 Factory Depreciation $171,000

 Selling, general, and admin. $7,000

Total for the year was $178,000

Actual level of activity for the year = 34,170 machine hours

Sales for the year = $1,315,000

Manufacturing Overhead:

Indirect raw materials         $27,700

Indirect labor,                        96,850

Factory utility costs,              10,850

Factory Depreciation           171,000

Total overhead incurred $306,400

Overhead applied              297,279

Underapplied overhead       $9,121

5 0
3 years ago
4.3. Identify THREE benefits that could inspire one to avoid being unemployed after graduating (3x2) (6)​
Sati [7]

Three benefits that could inspire one to avoid being unemployed after graduating is:

  • Do the Job you would desire after graduating during college
  • Apply for internships
  • Develop the qualities of a leader during college.

<h3>What is Unemployment?</h3>

Unemployment is a state of being idle without job. It is a situation where one does not work and does not earn.

Applying for internships during college can spur an individual to avoid being unemployed after graduating. Also, doing the work you desire to do after college can be a motivating factor and developing leadership skills can inspire one to avoid being unemployed after graduating.

Learn more about Unemployment here:

brainly.com/question/305041

7 0
2 years ago
You receive three credit scores: 680, 705, 695. what is your average credit score?
Nataly_w [17]
The correct answer is 693.33333333.
6 0
3 years ago
In your own words....
Amiraneli [1.4K]

Answer:

Explanation:

What is a service business? Give an example of one  

Examples of service businesses include companies engaged in transport, food service, distribution, retail, and other industries that sell services rather than products. These intangibles provide the primary revenue source for service businesses.

3 0
2 years ago
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