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Aloiza [94]
2 years ago
6

Wasilko Corporation produces and sells one product The budgeted selling price per unit is $114. Budgeted unit sales for February

is 9,900 units. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $4.00 per pound. The direct labor wage rate is $24.00 per hour. Each unit of finished goods requires 2.4 direct labor-hours. Manufacturing overhead is entirely variable and is $9.00 per direct labor-hour. The variable selling and administrative expense per unit sold is $1.60. The fixed selling and administrative expense per month is $70,000. The estimated net operating income (loss) for February is closest to:
Business
1 answer:
mr_godi [17]2 years ago
5 0

Answer: $21,080

Explanation:

First calculate the contribution margin per unit

= Sales - Variable costs

= Selling price - Raw materials - Direct labor cost - Manufacturing overhead - Variable selling and administrative expense

= 114 - (6 * 4) - (2.4 * 24) - (9 * 2.4) - 1.60

= $9.20

The Contribution margin is:

= 9.20 * 9,900 units

= $91,080

Net operating income = Contribution margin - fixed cost

= 91,080 - 70,000

= $21,080

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Answer:

National emergency can be defined as a state of national crises that threatens not just a part of the nation but the whole, and requires an unprecedented response and requires instantaneous reaction.

Explanation:

<u>National emergency can be defined as a state of national crises that threatens not just a part of the nation but the whole, and requires an unprecedented response and requires instantaneous reaction.</u>

<u>It can also be said to be an extraordinary situation that threatens the health, safety and environment of the citizens that requires intervention by the government. </u>

In the United States, the government at such a time will be required to act in a way that it would not be normally permitted to.

Example in the recent case of COVID-19 outbreak. <u>Since it threatens the lives of people everywhere in the country not just in one state, it is a national emergency and has required the intervention of the government by an unprecedented declaration of a stimulus package of $850 billion dollars, and the request of restriction of the movement of people and closure of airports which will not normally happen.</u>

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2 years ago
You are investing your resources in a college education because
Alecsey [184]
College education provides an investment in your future earning capacity. By investing resources today, you are assuming that your return on this investment will be paid through your future annual salary. This future annual salary is assumed to be greater than if you chose not to invest your resources in a college education. 
4 0
3 years ago
organizations following a(n) ____ strategy try to both minimize risk and maximize oppurtunity for profit, moving into new produc
VARVARA [1.3K]

Answer:

Imitation.

Explanation:

Organizations following an imitation strategy try to both minimize risk and maximize opportunity for profit, moving into new products or new markets only after innovators have proven their viability. Imitation strategy is one the most effective way of saving your time, energy and money. It is known as the low-cost strategy as well particularly when the option of choosing and selecting is too difficult or costly. This strategy has been widely and successfully used by many well-renowned brands, for example, Coca Cola, once has imitated RC Cola when they replicated their diet cola options, McDonald's has taken the idea of fast food chin from the White Castle.

4 0
3 years ago
The stock of business adventures sells for $40 a share. Its likely dividend payout and end-of-year price depend on the state of
Sholpan [36]

Answer:

Explanation:

(a) HPR = Ending Price - Beginning Price + Cash Dividend / Beginning Price

a. The holding period returns for the three scenarios are:

Boom: (48 - 40 + 2.8)/40 = 0.27 = 27%

Normal: (43 - 40 + 1.8)/40 = 0.120 = 12.0%

Recession: (34 - 40 + .90)/40 = -0.1275 = -12.75%

= [(1/3) × 0.27] + [(1/3) × 0.120] + [(1/3) × (-0.1275) =0.08750 or 9%

Variance = [(1/3) × (0.27 - 0.08750)^2] + [(1/3) × (0.120 - 0.08750)^2] + [(1/3) × (-0.1275 - 0.08750)^2] = .026863

Std. Dev = Sq. Rt .026863 = .16390 = 16.39%

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σ = 0.5 × 16.39% = 8.19%

Thanks

3 0
3 years ago
Do you think online bullying is worse than or not as bad as physical bullying? Why or why not?
frozen [14]

Answer:

Yes, Because when its online anyone can bully you. You do not know who they are so things can be much more complicated. Online bullying also allows for it to happen even at your own house, unlike normal bullying.

Explanation:

Though this is opinion, I will still awnser anyways! :D

5 0
1 year ago
Read 2 more answers
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