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Ivanshal [37]
3 years ago
6

J Corporation has two divisions. Division A has a contribution margin of $79,300 and Division B has a contribution margin of $12

6,200. If total traceable fixed costs are $72,400 and total common fixed costs are $34,900, what is J Corporation's net operating income? Select one: a. $168,000 b. $170,600 c. $133,100 d. $98,200
Business
1 answer:
Allushta [10]3 years ago
7 0

Answer:

Net income= $98,200

Explanation:

Giving the following information:

Division A:

The contribution margin of $79,300

Division B:

Contribution margin of $126,200.

The total traceable fixed costs are $72,400 and total common fixed costs are $34,900.

<u>To calculate the net operating income, we need to deduct from the combined contribution margin the fixed costs.</u>

<u></u>

Net income= (79,300 + 126,200) - 72,400 - 34,900

Net income= $98,200

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The business judgment rule protects corporate officers and directors when: _________
jolli1 [7]

Answer:

It is either option B or C

Explanation:

You can decide

6 0
3 years ago
Describe the process of coding a questionnaire. Is precoding a questionnaire a good idea? Why or why not?
Ymorist [56]

Answer:

Survey coding is the process of taking the open-end responses and categorizing them into groups. Once coded, they can be analyzed in the same way multiple response questions can be. The results can vary from person to person depending on what code you use for the open-ended comment. I don't know the second part sorry. But I hope this helps! =)

7 0
3 years ago
For lunch, Maria eats only salads or vegetarian burgers. Her weekly food budget is $36. Each salad costs $6 and each vegetarian
tensa zangetsu [6.8K]

Answer:

3 salads, 6 vegetarian burgers

Explanation:

Data provided in the question:

Weekly food budget = $36

Cost of salad, Cs = $6

Cost of vegetable burger, Cv = $3

Now,

Let the number of salads be 'S'

and, the number of vegetable burgers be 'V'

thus,

S × Cs + V × Cv = $36

or

S × $6 + V × $3 = $36      ............(1)

also,

2 salads and 4 vegetarian burgers will give her a utility of 8

i.e U(2, 4 ) = 8

or

U( S, V ) = SV

Now,

From optimal marginal utility condition

Marginal rate of substitution = \frac{MU_S}{MU_V}=\frac{Cs}{Cv}

or

\frac{V}{S}=\frac{6}{3}

or

V = 2S       ..........(2)

substituting the above value in 1

S × $6 + 2S × $3 = $36  

or

6S + 6S = 36

or

12S = 36

or

S = 3

substituting S in (2)

V = 2(3)

or

V = 6

Hence,

3 salads, 6 vegetarian burgers

4 0
3 years ago
If a firm is following the cost leadership strategy, and overhead accounts are complex, then the: Firm should attempt to collect
Sonja [21]

Answer:

Traditional volume-based job costing will not usually provide the needed cost accuracy.

Explanation:

Cost leadership strategy basically means that the company will try to sell its products and services at the lowest possible price. This should increase total sales volume, but in order to be profitable, the production and operational costs must be very low. Actually, the company needs to continuously find ways to keep their costs under control or decrease them if possible.

8 0
3 years ago
Determine the future value if $5,000 is invested in each of the following situations: 7 percent for seven years $8,130 $8,031 $8
Svetach [21]

Answer:

The answer is $8,030

Explanation:

Present Value (PV) = $5,000

Future Value(FV) = ?

Interest rate(r) = 7 percent

Number of years (N) = 7 years

The formula for future value is:

FV = PV(1+ r)^n

= $5,000(1+0.07)^7

$5,000(1.07)^7

$5,000 x 1.605781476

=$8,028.91

Approximately $8,030

Alternatively, we can use a Financial calculator:

N= 7; I/Y= 7, PV= -5,000 CPT FV= $8,028.91

Approximately $8,030

7 0
3 years ago
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