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Naddika [18.5K]
3 years ago
10

Ivanhoe Corporation has fixed costs of $518,400. It has a unit selling price of $8, unit variable cost of $6.40, and a target ne

t income of $1,620,000. Compute the required sales in units to achieve its target net income.
Business
1 answer:
Alekssandra [29.7K]3 years ago
7 0

Answer:

1,336,500 units

Explanation:

Selling price per unit  $8    

Less variable cost       $6.40  

Contribution per unit  $1.60

Fixed cost                      $518,400

Target net income        $ 1,620,000

Total amount required $2,138,400

Sales unit required = total amount required / Contribution per unit

= $2,138,400 / $1.60    

= 1,336,500 units

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Wilson Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of
mrs_skeptik [129]

Answer:

Please see attached solution

Explanation:

a. Total manufacturing overhead costs allocated $356,400

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c. Fixed manufacturing overhead spending variance $17,600U

d. Variable manufacturing overhead efficiency variance $19,500F

e. Production volume variance $39,200F

Please find attached detailed solution to the above questions

5 0
4 years ago
1.Explain mountain tourism?<br>2.Explain inland tourism?​
gulaghasi [49]
1. Mountain Tourism is a type of "tourism activity which takes place in a defined and limited geographical space such as hills or mountains with distinctive characteristics and attributes that are inherent to a specific landscape, topography, climate, biodiversity (flora and fauna) and local community.


2.
Inland trips means trips to the part of the country away from the coast, without specifying who is taking those trips. Such trips may let the world know about your country, or they may not.

Foreign trips. on the other hand, is fatally ambiguous. It can mean, and has been taken by others here to mean, trips by foreigners to your country, which would be what is asked for. But technically, a foreign trip is just a trip to a foreign country and the trip-takers should be presumed to be your fellow-countrymen; if they travel abroad, that would give them information about the world, not the other way about.

So the choice is between a bad answer and a very bad answer. I would say inland is less bad, but if the examiner thinks one choice is correct, you need to know how he thinks, not how the English language works.


I hope some of that may help I found it off the web.. sorry if it dosent
7 0
3 years ago
For 2019, Eric is a self-employed financial consultant. During the current year, Eric's net self-employment income is $132,150.
Alex Ar [27]

Answer:

The Eric's self-employment tax is $10109

Explanation:

The computation of the Eric's self employment tax is shown below:

= Net Self employment income × OASDI  tax rate +  Net Self employment income × MHI tax rate

= $132,150 × 6.2% + $132,150 × 1.45%

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= $10109.475

The OASDI tax rate is also called social security tax and the self employment tax comprises of OASDI tax and MHI tax.

3 0
3 years ago
At aspen? electronics, the parking spots nearest the front door are reserved for the? "employee of the? month." which aspect of
malfutka [58]

The answer to this question would be:

<span>The aspect of organizational culture this represent is<span> <u>“Material Artifacts and Symbols”.</u></span></span><u>
</u>
<span>
Placing the parking spot of the employee of the month nearest the front door symbolizes the importance of that and the kind of perks he is receiving.</span>
3 0
3 years ago
The GDP price index equals _____. rev: 04_09_2018 Multiple Choice nominal GDP divided by real GDP gross private domestic investm
Sphinxa [80]

Answer: nominal GDP divided by real GDP

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The gross domestic price index or the gross domestic price deflator is calculated as the nominal GDP divided by the real GDP.

8 0
3 years ago
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