Answer:
Under absorption costing ,net operating income = $63625
Explanation:
<u> Cost per unit:</u>
Variable cost per unit = 675 per unit (a)
Fixed cost per unit = Fixed overhead cost /uits produced = 63000/350
= 180 per unit (b)
Total cost per unit = (a)+(b)= 675+180= 855 per unit
Hayek Bikes
Income statment
( Absorption costing)
$
Sales (225 * 1625) = 365625
less: <u>Cost of goods sold:</u>
(225 * 855) = <u>(192375)</u>
Gross profit 173250
Less: variable selling and administraive expense 14625
Fixed selling and admintrative expense <u>95000 </u>
=(<u>109625</u>)
Net operating income 63625
It's FALSE.
To be able to make the minimum wage be binding, an expert in economics calls it a minimum gross to prevent the industry market from accomplishing equilibrium a binding smallest amount wage.
It must be set above the equilibrium gross. However, below or at least $10 per hour would not be binding.
Answer:
Gain of $300
Explanation:
Based on the information given the investor have a debit spread and Since the investor paid a net premium of the amount of $600 which is calculated as : (7 − 1) in which the spread had widened to 9 which means the investor will have a profit or gain of the amount of $300 calculated as :(9 − 6) due to the spread .
Therefore the customer has a gain of the amount of $300 reason been that it is a Debit spreads and secondly Debit spread are often profitable.
<span>system calls
hope this helps</span>
<span>A) -$13. The reason being that, opportunity cost is the benefit that a person could have received, but gave up,in order to take another course of action, which in this case is skiing. And since his salary per 1 hour in the winter months is $13, skiing for one hour instead of working during that hour will cost him $13</span>
