The answer is to analyze your current personal and financial situation
Answer:
Option (A) is correct.
Explanation:
Initial break even:
Let x be the no. of units in the initial break even.
Sales = Costs
Unit Selling price × No. of units = Unit Variable Cost × No. of units + Total fixed costs
250 × x = 100 × x + 840,000
150 × x = 840,000
x = 5600 units
10% increase in variable cost(new):
= Unit Variable Cost + 10% of Unit Variable Cost
= 100 + 100 × 0.10
= 110
4% increase in fixed cost(new):
= Total fixed costs + 4% of Total fixed costs
= 840,000 + 840,000 * 0.04
= 873,600
Break Even:
Let y be the no. of units in the break even.
Sales = Costs
Unit Selling price × No. of units = Unit Variable Cost new × No. of units + Total fixed costs new
250 × y = 110 × y + 873,600
140 × y = 873,600
y = 6,240
Change = y - x
Change = 6,240 - 5,600
Change = 640 increase
Answer:
$40
Explanation:
Target cost is the cost per unit arrived at after having deducted the required profit margin from the competitive market price.
It is a management technique that makes management think about ways to achieve a set target cost rather than forcing their actual cost plus profit margin on customers.
In this case, the competitive market price is $54 per unit of hard drive whereas the company expects to achieve a total profit of $14 per unit
Profit margin per unit=$14
competitive market price=$54
Target cost=competitive market price-profit margin per unit
Target cost=$54-$14
Target cost=$40
Answer:
Cost Method
Explanation:
1. When considering whether to account for its investment in Marlon under the equity method, Miller’s management should apply 'Cost Method' because 'equity accounting method' is should only be used when the company has a significant interest in Marlon which is assumed to be 20% of its shareholding.
2. If we assume the use of equity method then.
investment to be reported in its 2018:
A. Income statement
: This will be a single line to show the '<u>share of associate's profit</u>' which is derived by multiplying the percentage ownweship by the investee's profit amount: 16.67%* 12 = $2million
B. Balance sheet
: This will show the carrying value of the investment under long term assets, after fixed assets before current assets. The value will be:
1. The purchase consideration of $19m
(+)
2. The share of associate's profit of $2m
(-)
3. The amount of dividends received of $6m
Therefore the carrying value of the investment in the balance sheet will be $15 million
C. Statement of cash flows: The statement of cashflows will only show the receipt of cash for the dividend of $6million from Marlon, in the 'investing activities' section, as an inflow.
The five considerations that should be considered when performing a sterile dressing change are the following;
- hands should be clean before performing the sterile dressing change
- materials should be checked as well as its expiration date
- the area where the dressing should be placed must be checked and clean
- sterile objects should only be touched and used
- a sterile field should be considered
