Hey there,
Answer:
It will decrease the government spending multiplier
Hope this helps :D
<em>~Top</em>
Answer:
a. $120
b. 5,000 units
c. 7,000 units
Explanation:
Hi, your question is incomplete, I found the full question online and uploaded text and image below.
Workings and explanations :
Contribution margin per unit = Sales - Variable Cots
= $200 - $80
= $120
Break even (units) = Fixed Costs ÷ Contribution margin per unit
= $600,000 ÷ $120
= 5,000 units
Unit Sales to achieve a target profit = (Targeted Profit + Fixed Costs) ÷ Contribution margin per unit
= ($240,000 + $600,000) ÷ $120
= 7,000 units
Margin of Safety = Expected sales - Break even Sales
Note : There is no much details about the current sales level
<u>FULL DETAILS OF THE QUESTION IS AS FOLLOWS :</u>
<em>Information concerning a product produced by Ender Company appears here: Sales price per unit $ 200 Variable cost per unit $ 80 Total annual fixed manufacturing and operating costs $ 600,000</em>
<span>The answer is a self-reinforcer.</span>
Complete question :
Your company has sales of $101,500 this year and cost of goods sold of $66,300. You forecast sales to increase to $118,900 next year. Using the percent of sales method, forecast next year's cost of goods sold. The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career The forecasted cost of goods sold (COGS) is $ ___________ (Round to the nearest dollar.)
Answer:
$77,666
Explanation:
Given the following :
Sales for the year = $101,500
Cost of goods sold =$66,300
Forecasted increase in sales for next year = $118,900
Forecasted cost of goods sold for next year =?
Percentage cost of goods sold for this year:
Cost of goods sold / sales for this year
$66300/$101500
= 0.6532019
Forecasted cost of goods sold for next year:
(Forecasted increase in next year's sale * % cost of goods sold for this year)
= 118,900 * 0.6532019
= $77665.714
= $77666 ( nearest dollar)
Because they often worked harder then the majority, meaning they would get the work and do more of it to get more money as they were generally paid less the the majority thus less work for the majority. As is their own doing