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
Sedaia [141]
2 years ago
12

The following static budget is provided: Units 22,000 Units Sales $ 220,000 Less variable costs: Manufacturing costs $ 77,000 Se

lling and administrative costs $ 50,600 Contribution margin $ 92,400 Less fixed costs: Manufacturing costs $ 26,400 Selling and administrative costs $ 20,900 Net income $ 45,100 What will budgeted net income equal if 20,000 units are produced and sold
Business
1 answer:
Minchanka [31]2 years ago
5 0

Answer:

$43,064

Explanation:

Sales $220,000 / 22,000 × 20,000

$200,000

Variable costs $77,000 / 22,000 × 20,000

($63,636)

Selling and admin $50,600 / 22,000 × 20,000

($46,000)

Manufacturing cost fixed

($26,400)

Selling and admin fixed

($20,900)

Net income

$43,064

Therefore, budgeted net income will equal $43,064 if 20,000 units are produced and sold.

You might be interested in
If the inflation rate averages 3 percent over the next 8 years, the expected cost of services for any year in that time frame is
lys-0071 [83]

Answer:

The expected cost 8 years from now = $13.87

Explanation:

If the inflation rate averages 3 percent yearly over the next 8 years, the expected cost of services for any year in that time frame is given by

C (x) = K (1.03)ˣ

where

K = present cost = $10.95

x = time in years = 8

So, the expected cost of a haircut 8 years from now would be

C(x=8) = 10.95 (1.03)⁸ = $13.87

Hope this Helps!!!!

4 0
3 years ago
A project manager has to manage tasks and identify schedule problems during the
BabaBlast [244]
Duration of the project. from start to end

3 0
3 years ago
The following information relates to the assets of Westfield Semiconductors as of December 31, 2019. Westfield uses the straight
Salsk061 [2.6K]

Answer:

See the explanation below.

Explanation:

Given the following:

Asset    Acquisition-Cost   Expected-Life    Residual-Value   Time-Used

Land        $104,300                 Infinite               $100,000            10 years

Building     430,000               25 years                30,000             10 years

Machine     285,000                5 years                  10,000              2 years

Patent          80,000                10 years                     0                    3 years

Truck            21,000             100,000 miles           3,000         44,000 miles

Therefore, we have:

Building annual depreciation = ($430,000 - $30,000) / 25 = $16,000

Building net book value (NBV) = $430,000 - (16,000 * 10) = $270,000

Machine annual depreciation = ($285,000 - 10,000) / 10 = $27,500

Machine NBV = $285,000 - ($27,500 * 2) = $230,000

Patent annual amortization = $80,000 / 10 = $8,000

Patent net written down value = $80,000 - ($8,000 * 3) = $56,000

Truck accumulated depreciation = ($21,000 - 3,000) * (44,000 / 100,000) = $7,920

Truck NBV = $21,000 - $7,920 = 13,080

Westfield Semiconductors Balance Sheet (Partial) as of December 31, 2019.

<u>Details                                                             $</u>

Property, plant, and equipment:

Land (Cost)                                                104,300

Building (NBV)                                          270,000

Machine (NBV)                                         230,000

Truck (NBV)                                             <u>    13,080</u>

Total PPM                                                  617,380

Intangible assets:

Patent (NRV)                                              <u> 56,000</u>

Total tangible and intangible assets    <u> 673,380</u>

4 0
2 years ago
XYZ Company plans to sell 11,000 units of its product in January and another 10,000 in February. The beginning balance of finish
Juli2301 [7.4K]

Answer:

10,900 units

Explanation:

The applicable formula is the formula for calculating the cost of goods sold, COGS.

COGS = The applicable formula is the formula for calculating the cost of goods sold, COGS.

COGS = Beginning inventory + purchases - closing inventory

In this case,  COGS will be 11,000 units:  Beginning balance 1100 and ending balance of 1000.

11,000 = 1100 + P -1000

11,000 = 1100-1000 +P

11,000 = 100 + P

P= 11,000 -100

P= 10,900

Productions should be 10,900

4 0
2 years ago
Douclamp, a steel manufacturing company, makes small investments in three iron ore plants in different cities. When one of the p
Bess [88]

Answer: Options-based planning

Explanation:

The Option based planning is one of the concept that helps in maintain the flexibility of the various types of plans for making the various types of investments.

The main purpose of the option based planning is that it helps in maintaining the slack resources are are specifically used in the for  of extra resource for the purpose of adapting the various types of changes and also the problems.

According to the given question, the Douclamp is one of the type of manufacturing company that basically making small level of investments on the iron ore plant.

Therefore, Douclamp is using the options based planning based on the given scenario.  

8 0
3 years ago
Other questions:
  • Ada signed a simple discount promissory note for $5,500. the discount rate is 12%, and the term of the note is 5 months. what ar
    11·1 answer
  • Alexis company recently completed 10,600 units of its single product, consuming 32,000 labor hours that cost the firm $480,000.
    14·1 answer
  • A statistical software company is planning on updating Version 8.1 of its software and wants to know what features are most impo
    6·1 answer
  • HELP HELP HELPPPPP plz plz plz I have noooo idea
    11·1 answer
  • Total quality management theorizes that if workers are more responsible, they will ______.
    7·2 answers
  • The national pork board of the united states wants to create more consumer demand for pork products. the board decides on how to
    5·2 answers
  • Select all that apply. Select the items that describe what happens at the equilibrium price. Producers supply the exact goods th
    15·1 answer
  • Bob is the CEO of ABC Hydraulics. Bob is committed to ethical business practices. He ensures that his investors are kept well-in
    14·1 answer
  • Fenton Manufacturing Company at June 30: Cash in bank account $ 6,455 Inventory of postage stamps $ 74 Money market fund balance
    9·1 answer
  • Below, you are provided with four groups of different goods. These goods are differentiated by the number of likely substitutes
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!