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allsm [11]
3 years ago
11

HELP!!!!!

Business
1 answer:
pshichka [43]3 years ago
5 0
It’s 70 $ the answer is 70
You might be interested in
Royal Lawncare Company produces and sells two packaged products—Weedban and Greengrow. Revenue and cost information relating to
slega [8]

Answer:

Contribution is sales revenue less variable cost. In multiple products environment, it is important that the producer have information about the performance of each product. This is useful for decision making purpose. See income statement below

Explanation:

An income statement showing contribution would suffice:

       Royal Lawrence Company

                                                                  Income statement

                                                      Weedban Greengrow Total

                                                                    $                   $                   $

Sales (sp/unit × unit)                            315,000   900,000         1,215,000

Variable cost (Vc/unit × units)              (<u>98,000)</u>      (<u>325,000)</u>  (<u>423,000)</u>

Contribution                                           217,000      575,000   792,000

Specific fixed cost                              <u>  (132,000)</u>   <u> (37,000) </u> <u>(169,000)</u>

Product profit                                   85,000     538,000   623,000

Common Fixed cost                                                     <u>(100,000)</u>

Total profit                                                                     <u>523,000 </u>

4 0
3 years ago
Read 2 more answers
The ACME company manufactured x brooms per month from January to April, inclusive. On the first of each month, during the follow
Papessa [141]

Solution:

Pick some smart number for x,

let x=2 (I chose x=2 as in this case monthly shipments would be X/2=1).

From January to April, inclusive 4x=8 brooms were produced and

in May the company paid for storage of 8-1 =7 brooms,

in next month for storage of 6 and so on.

So the total storage cost would be:

= 1 ∗ (7+6+5+4+3+2+1+0)

= 28

--> as x=2 , then 28 = 14x

So the answer is 14x

4 0
3 years ago
Khaling Company sold 26,850 units last year at $15.80 each. Variable cost was $11.70, and total fixed cost was $116,440. Require
MatroZZZ [7]

Answer:

1.Operating Income (loss) (2122)

2. Break even point in units = 28126

3. Required Sales in Units=30899

Explanation:

Khaling Company

Income Statement

Sales  (26,850units* $ 15.84)                       $ 425304

Less

Variable Costs ( $11.70* 26580 units)          $ 31,0986

Contribution Margin                                    114,318

Less Fixed Costs                                         $116,440

Operating Income (loss)                               (2122)

2. Break even point in units = Fixed Costs/ Contribution Margin Per unit

                    = $116,440/$ 15.84-$11.70

                        =$116,440/ 4.14

                        = 28,125.6= 28126 units

<em>We find the Contribution Margin Per unit by subtracting variable cost per unit from sales price per unit.</em>

3. Required Sales in Units = Fixed Costs + Targeted Income/ Contribution Margin Per unit

                 =$116,440 +$11,480  /$ 15.84-$11.70

                  = 127920/4.14= 30898.5= 30899 units

6 0
2 years ago
Wayman Corporation reports the following amounts in its December 31, 2018, income statement.
Viktor [21]

Answer:

Wayman Corporation's Net Income for the year ended December 31, 2018 is $64,000.

Solution in excel file is also attached for your reference.

Explanation:

                                                 Wayman Corporation  

                        Income Statement for the year ended Dec 31, 2018  

 

Sales Revenue                                                      $348,000  

Less: Cost of Goods Sold                                      $124,000  

Gross Profit                                                               $224,000    

Less Expenses:    

Operating Expenses  

 Selling Expenses  

   Salaries Expense                      $34,000  

   Advertising Expense                      $24,000  

  Total Selling Expenses              $58,000    

 General & Admin Expenses  

   Utilities Expense                      $44,000  

  Total General & Admin Expenses   $44,000    

 Total Operating Expenses                                     $102,000    

Income from Operations                                     $122,000    

Other Expenses  

Interest Expense                                                     $14,000    

Income before income taxes                              $108,000    

Less: Income Tax Expense                                     $44,000    

Net Income                                                              $64,000  

Download xlsx
4 0
3 years ago
Which statement correctly describes the current state of instant messaging in the workplace? Multiple Choice It is an establishe
vfiekz [6]

Answer:

It is a relatively new, undeveloped form of communication in the workplace, and attitudes toward it vary.

Explanation:

4 0
2 years ago
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