Answer:
Degree of Operating Leverage = 1.24
Explanation:
given data
Selling price = $35.50 per bear
Total fixed cost = 1,450.00 per month
Variable cost = 16.50 per bear
sells = 390 bears
solution
we get here Degree of Operating Leverage that is express as
Degree of Operating Leverage = Contribution Margin ÷ Operating Income .................1
and
Contribution Margin = Sales - Variable cost .................2
Contribution Margin = (390 bears × $35.50) - (390 bears × $16.50)
Contribution Margin = $7410
and
Operating Income = Sales - Variable cost - Fixed Costs ................3
Operating Income = (390 bears × $35.50) - (390 bears × $16.50) - $1450
Operating Income = $5960
so put value in equation 1
Degree of Operating Leverage =
Degree of Operating Leverage = 1.24
Hi there
income from operations=
Sales-(fixed+variable) cost
So we need to variable cost
Variable cost=
Sales-Contribution margin
Contribution margin=
2,100,000×0.35
=735,000
Variable cost=2,100,000−735,000
=1,365,000
Income from operation
2,100,000−(400,000+1,365,000)
=335,000 ....Answer
Hope it helps
Answer:
Product liability
Explanation:
Product liability is when manufacturing company is held responsible for the quality of products they release for sale.
So for a product that is defective the company is liable and will bear the cost of product defects.
When defective products cause harm to the consumer, they can sue the company court.
Product liability law is considered as a type of personal injury law.
Answer:
$53,355.7047
Explanation:
The computation of the estimated cost of the replacement cost is shown below:
Estimated cost = (old cost i.e purchased cost of an equipment ÷ Cost index of that year i.e 2006) × estimated cost index for 2017
= ($30,000 ÷ 149) × 265
= $53,355.7047
We simply applied the above formula so that the estimated cost could come
The total of Vanessa's Child Tax Credit and Other Dependent Credit, based on her tax liability and children, is $5, 757.
<h3>What is the Child Tax Credit?</h3>
Child Tax Credit is a credit that tax payers are eligible for if they have children who depend on them. The age of the children is such that they have to be below the age of 19.
For every child that qualifies for the Child Tax credit, the tax payer gets a tax credit of $2, 000.
Vanessa has a total of 3 children who are below the age of 19 and so they all qualify which means that Vanessa qualifies for a Child Tax Credit of:
= 2, 000 x 3
= $6, 000
However, the child tax credit cannot exceed the actual tax liability of $5, 757.
Vanessa's Child Tax Credit and Other Dependent Credit is therefore the sum of $5, 757.
Find out more on Child Tax Credit at brainly.com/question/14328499
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