1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anika [276]
3 years ago
11

Based on predicted production of 26,000 units, a company anticipates $507,000 of fixed costs and $448,500 of variable costs. The

flexible budget amounts of fixed and variable costs for 24,000 units are:___________.a) $468,000 fixed and $414,000 variable.b) $414,000 fixed and $507,000 variable.c) $468,000 fixed and $448,500 variable.d) $507,000 fixed and $448,500 variable.e) $507,000 fixed and $414,000 variable.
Business
1 answer:
tatiyna3 years ago
5 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

26,000 units:

Total variable costs= $448,500

Fixed costs= $507,000

<u>First, we  need to determine the unitary variable cost:</u>

Unitary variable cost= 448,500/26,000

Unitary variable cost= $17.25

<u>Now, the total cost for 24,000 units:</u>

Total variable cost= 24,000*17.25= $414,000

Total fixed cost= $507,000

Total cost= $921,000

You might be interested in
Suppose that the office of management and budget provides the accompanying estimates of federal budget​ receipts, federal budget
spin [16.1K]
We need to <span>provide the accompanying estimates of federal budget​ receipts, federal budget​ spending, and​ gdp, all expressed in billions of dollars</span>.
4 0
3 years ago
Describe the basic rights of common stockholders. What are the key differences between common and preferred stock?
BARSIC [14]

Answer:

Some rights of common stockholders are given below.

Voting power on major issues.

Ownership in a portion of the company.

The Right to transfer ownership.

Right to receive declared Dividends.

Opportunity to inspect corporate books, minutes file and other records.

The right to sue for wrongful acts.

Right to attend AGM.

Differences between common and preferred stock

Preferred stock have no voting right while common stock holders have voting right.

When interest rates rise, the value of the preferred stock declines, and vice versa.  With common stocks, however, the value of shares is regulated by demand and supply of the market participants.

Common stockholder has right to participate in net asset of company in case of winding up. Preferred stock holder has no such right.

Company profitability have direct effect on wealth of common stockholder but not of preferred stock holder.

7 0
4 years ago
Which of the following is required to be present in an Employment Verification Letter?
Furkat [3]

Answer:

name, title, salary, and dates of employment. 

Explanation:

Im not sure with my answer ♥️

5 0
3 years ago
Suppose that you purchased a conventional call option on growth in Non-Farm Payrolls (NFP) with an exercise price of 210,500 job
kow [346]

Answer:

Suppose that you purchased a conventional call option on growth in Non-Farm Payrolls (NFP) with an exercise price of 210,500 jobs. The NFP conventional contract pays out $85 for every job created in excess of the exercise price. a. What is the value of the option if job growth is 193,500.

The value of the option if job growth is 193,500 is $0.

Explanation:        

Since the job growth of 193,500 is less than the exercise price of 210,500 jobs, the value of the option on the contract in the given question is Zero.

Therefore, the value of the option if job growth is 193,500 is $0.

7 0
3 years ago
Read 2 more answers
A number of factors influence the sample size for a substantive test of details of an account balance. All other factors being e
umka2103 [35]

Answer: D. Smaller measure of tolerable misstatement.

Explanation:

The sample size simply means the number of participants that are included in a study. They're the group of subjects which are picked and selected from the population and represents the general population for that study.

From the options given, it should be noted that a smaller measure of tolerable misstatement will lead to a larger sample size.

8 0
3 years ago
Other questions:
  • What percentage of the loan does PMI insure to protect the lender in case the borrower defaults on the loan?
    14·1 answer
  • The following information pertains to Guy’s Gear Company: Sales $ 75,000 Expenses: Cost of Goods Sold $ 47,500 Depreciation Expe
    8·1 answer
  • Sonic sells the rights to use the business name and sell its products and services to others in a given territory. This arrangem
    7·1 answer
  • Ben learns that the company was going to be laying off several employees over the next several months. He knew that the rumor mi
    8·1 answer
  • Consider the market for wheat in Pakistan, illustrated in the graph at right. In recent years, the government of Pakistan has es
    13·1 answer
  • A major difference between a business plan and a marketing plan is that a business plan will include ________ while a marketing
    5·1 answer
  • Home Furnishings reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its y
    7·1 answer
  • Suppose you want to invest $10,000. You have two options: Option #1: Invest in municipal bonds with an expected return of 8.00%,
    10·1 answer
  • If Jane Brown closes her account at the First National Bank and uses the money instead to open a money market mutual fund​ accou
    5·1 answer
  • The following data relate to product no. 33 of La Quinta Corporation: Direct labor standard: 5 hours at $14 per hour Direct labo
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!