Answer: The operating income is $<u>76 comma 500</u> when 11 comma 000 units are sold.
Explanation:
Selling price = $12 / unit
Variable cost of production = $3 / unit
Selling and Admin cost = $1.5 / unit
Fixed cost for 11 comma 000 units are $ 6 comma 000.
For 11 comma 000 units,
Sales = 12 x 11000 = $132000
cost of production = 3 x 11000 = $33000
Selling and Admin cost = 1.5 x 11000 =$16500
Fixed cost = $6000
Operating Income = Sales - Cost of Production - Selling and Admin cost - Fixed cost
Operating income = 132000 - 33000 - 16500 - 6000 = $76,500
The operating income is $<u>76 comma 500</u> when 11 comma 000 units are sold.
Answer:
$148.3 million
Explanation:
Calculation to determine the deferred tax liability that Isaac would report in its year-end 2021 balance sheet
Using this formula
Deferred tax liability=Total future taxable income × Tax rate
Let plug in the formula
Deferred tax liability=(2022 137 million+2023 129 million+2024 162 million+2025 165 million)*25%
Deferred tax liability=$593 million*25%
Deferred tax liability=$148.3 million
Therefore the deferred tax liability that Isaac would report in its year-end 2021 balance sheet is $148.3 million
Barges' has an asset beta of .57, the risk-free rate is 4.3 percent, and the market risk premium is 7.7 percent.
Answer:
A static budget is one that shows estimated revenues and costs at multiple activity levels.
True
Which of the following is not typically found in a decentralized organization?
Asset center
Explanation:
