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2 years ago

You have been hired as a research assistant and are given the following data.

Business

1 answer:

dimulka [17.4K]2 years ago

4 0

Answer:

HJDDDDDDDDDDDDDDDDDDHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

Explanation:

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Thornbrough Corporation produces and sells a single product with the following characteristics: Per Unit Percent of Sales Sellin

DaniilM [7]

Answer:

-$5,500

Explanation:

The computation of the overall effect on the company net operating income is as follows:

New Variable cost per unit is

= $44 + $11

= $55

Now the new contribution margin per unit is

= $220 - $55

= $165

New unit Monthly sales is

= 7,000 units + 500 units

= 7,500

Now

New total contribution margin :

= 7,500 units × $165

= $1,237,500

And, the Current total contribution margin is

= 7,000 units × $176

= $1,232,000

So, the change would be

= $1,232,000 - $1,237,500

= -$5,500

6 0

2 years ago

Marcy left a large Fortune 500 company to go to a small start-up technology firm. Earlier in her career, Marcy wanted a high sal

MrRa [10]

Answer: Maslow's hierarchy of needs

Explanation:

Maslow's hierarchy of needs is referred to as or known as a theory which was proposed by the American psychologist Abraham Maslow, that tends to put forth the notion/idea that individuals are usually/mostly motivated by the following five categories of need, i.e. safety, physiological, esteem, love, and also self-actualization.

3 0

2 years ago

You expect a share of EconNews.Com to sell for $65 a year from now. If you are willing to pay $65.74 for one share of the stock

iogann1982 [59]

Answer:

dividend payment = $6

Explanation:

given data

sell = $65

pay = $65.74

require a return = 8%

solution

we will use here present value formula that is express as

current stock price ( present value ) = $\frac{future\ value}{1 + rate}$ ........................1

$65.74 = $\frac{65+d}{1+0.08}$

here d is dividend

solve it we get

d = $6.00

so dividend payment = $6

6 0

2 years ago

The WPC Sports Company has noted that the size of individual "customer order" is normally distributed with a mean of $100 and st

nikdorinn [45]

Answer:

Standard error of the mean = 3

Explanation:

Given:

Mean Distribution = $100

Standard deviation = $12

Total number of player = 16 player

Standard error of the mean = ?

Computation of standard error of the mean:

Standard error of the mean = Standard deviation / √ Total number of player

Standard error of the mean = 12 / √16

Standard error of the mean = 12 / 4

Standard error of the mean = 3

7 0

2 years ago

Equipment was acquired on January 1, 2019 at a cost of $190,000. The equipment was originally estimated to have a salvage value

Sophie [7]

Answer:

Journal:

Dec. 31, 2022:

Debit Depreciation Expense $18,600

Credit Accumulated Depreciation $18,600

To record depreciation expense for the year.

Explanation:

a) Depreciation charge for each of the 3 years, calculated as ($190,000 - $22,000)/10 = $16,800

2019: $16,800

2020: $16,800

2021: $16,800

Accumulated Depreciation to date = $50,400 ($16,800*3)

b) Book Value on January 1, 2022 = $139,600 ($190,000 - $50,400)

c) New Depreciation charge from 2022 = $18,600 ($139,600 - $28,000) /6 years, the remaining useful life based on the revised estimate.

d) There is adjusting journal entry. Depreciation is an estimate based on judgement and past events. Judgement can change to address current events. So, there is no need adjusting the entries for the previous three years.

6 0

2 years ago