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vivado [14]
3 years ago
5

Identify whether each of the following examples belongs in M1 or M2. If an example belongs in both, be sure to check both boxes.

Business
1 answer:
Sergio [31]3 years ago
7 0

Answer:

M2

M1 M2

M2

Explanation:

You might be interested in
Pittsboro Corporation produces and sells a single product. Data for that product are: Sales price per unit $590​ Variable cost p
Fofino [41]

Answer:

The company will need to sale 3,883 units to maintain its current operating income of 400,000

Explanation:

We will calculate the point at which the company mantains his current income in units at the new scenario:

\frac{Fixed\:Cost + target \: income}{Contribution \:Margin} = Break\: Even\: Point_{units}

<u>Where:</u>

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

625 - 190 = 435 each units contributes this amount to afford the fixed cost and make a gain.

Current income: contribution x units sold - fixed cost

                             (590-190) x 4,000 - 1,200,000 = 400,000

(1,200,000 + 89,000 + 400,000) / 435 = 3,882.75862 = 3,883 units

The company will need to sale 3,883 units to maintain its current operating income of 400,000

5 0
3 years ago
Auto Parts, Inc. is medium-sized company that manufactures auto parts in Buffalo, New York. The company currently loses $40,000
Firlakuza [10]

Answer:

I agree with the owner of the company

Explanation:

The overall losses are $40,000 per month and the fixed costs are $30,000 per month.

The company should stop production because the losses are over fixed cost and this tells us that the company is not even able to recover the variable costs and because the variable costs are not at least recovered, there would be no point for the company to continue in the business as it would keep on making a loss and the logic might be wrong regarding sunk costs but the decision must be taken in favour where production should be stopped.

7 0
3 years ago
Every year 3 Managers are promoted to Partner level.
Sophie [7]

Answer: 2 years

Explanation:

Years of existing of the firm=30 years

Number of associates= 300,

Number of Managers= 70;

Number of partners= 30;

Total number of workers=400

Number of years  associates has been changed in last 30 year=30/5=6

Number of years  managers has been changed in last 30 year=30/3=10

Number of times for partner=x

Number of years  partners has been changed in last 30 year=30/x=15

15x=30

x=30/2

x=2 years

6 0
3 years ago
World Company expects to operate at 80% of its productive capacity of 50,000 units per month. At this planned level, the company
skad [1K]

Answer:

a. $13

b. $20,625 Unfavorable

Explanation:

a. Computation of overhead volume variance is shown below:-

Variable overhead rate = Variable overhead cost ÷ Expected standard hours

= $275,000 ÷ 25,000

= 11 direct labor hour

Fixed overhead rate = Productive capacity ÷ Expected standard hours

= $50,000 ÷ 25,000

= $2 direct labor hour

Total overheard rate = Variable overhead rate + Fixed overhead rate

= $11 + $2

= $13

b. The computation of overhead controllable variance is shown below:-

Variable overhead cost = Overhead rate × Standard hours

= $11 × 21,875

= $240,625

Fixed overhead cost = Overhead rate × Standard hours

= $2 × 21,875

= $43,750

Total overhead cost = $13 × 21,875

= $284,375

Actual result = $305,000

Variance = Actual result - overhead cost applied

= $305,000 - $284,375

= $20,625 Unfavorable

Working note:-

Standard direct labor hours = Actual units ÷ Standard hours

= 35,000 × 1.6

= $21,875

Standard units per hour = (Standard capacity × Expected production) ÷ Standard hours

= (50,000 units × 80%) ÷ 25,000 hours

= 1.6 units per hour

8 0
3 years ago
What are the portfolio weights for a portfolio that has 190 shares of Stock A that sell for $95 per share and 165 shares of Stoc
Vesnalui [34]

Answer:

Portfolio weight - Stock A =  46.473%

Portfolio weight - Stock B = 53.527%

Explanation:

The weightage of portfolio refers to the amount of investment in each stock in the portfolio expressed as a percentage of total investment in the portfolio. The weightage of portfolio can be calculated by as follows,

Portfolio weightage = Investment in Stock A / Total Investment in Portfolio  +

Investment in Stock B / Total Investment in Portfolio  +  ...  +  

Investment in Stock N / Total Investment in Portfolio

Total investment in portfolio = 190 * 95  +  165 * 126  = 38840

Investment in Stock A = 190 * 95 = 18050

Investment in Stock B = 165 * 126 = 20790

Portfolio weight - Stock A = 18050 / 38840 = 46.473%

Portfolio weight - Stock B = 20790 / 38840 =53.527%

4 0
3 years ago
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