Based on the amount to be sold and the intended level of earnings, the selling price per unit should be<u> $3.40</u>
The Contribution margin needed is:
<em>= Fixed cost + Required earnings </em>
= 250,000 + 260,000
= $510,000
To get to this amount, the sales should be:
<em>Contribution margin = Sales x ( Selling price - Variable cost)</em>
510,000 = 250,000 × 0.6x
510,000 = 150,000x
x = 510,000 / 150,000
x = $3.40
In conclusion, the selling price is $3.40
Find out more about intended selling price/ quantity at brainly.com/question/25638811.
Answer:
d. There is currently no federal law protecting lesbian, bisexual, gay and transgender individuals.
Explanation:
LGBT people are not currently protected against discrimination in employment and in the workplace by any specific federal law. Title VII of the Civil Rights Act of 1964 offers some protection because it forbids employment discrimination on the basis of sex.
However, sex is not the same as sexual orientation, or gender orientation, and as a result, LGBT people are not fully protected.
In a group setting, "recording secretary (taking the notes)," "moderator” (the facilitator of discussion)," "initiator" (the one who generates new concepts and offers the new solution) and "information seeker" are examples of Task roles. The Task roles are the one that is directly related to the successful achievement of <span>the task and goals of the group.</span>
Answer:
ACME Drilling should record impairment loss of $6.9 million
Explanation:
According to GAAP, when the fair value of an asset is below the net carrying amount of that asset ( Asset's historical cost - Asset's accumulated depreciation or the net book value of the asset), the Company should record it as asset impairment loss.
In ACME's case, the net book value is $18.6 million while the estimated fair value is only $11.7 million meaning that the platform is actually worth less than it is recorded on ACME's book. Thus, an impairment loss of $6.9 million should be recorded ( $18.6 million - $11.7 million) to realize the fair value of the oil-drilling platform.
The sum of projected sum of future cash flows in this case is not suitable to be used to determine the oil-drilling platform because it has not been discounted to the present value amount, and also, it is not appropriate under GAAP.
This is an example of a(n) Import Quota
.
<h3><u>
Explanation:</u></h3>
A restriction in direct manner that controls the quantity of goods that is being imported to a country refers to the import quota. This restrictions is imposed by the issue of an import license to a firm or a group of firm or even individual. The main aim of these import quota is to enhance the domestic producers to gain advantage through the limitations in competition that arises form importing.
In the given scenario, the company name Maroji involves in the production of a lot of milk and milk-based products. The company then makes it compulsory for only some of the companies to import cheese with the allocated right in the importing of a maximum number of pounds of cheese each year. This acts as an example of Import Quota
.
