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Helga [31]
3 years ago
12

Crane Company sells 50000 units for $10 a unit. Fixed costs are $350000 and net income is $100000. What should be reported as va

riable expenses in the CVP income statement?
Business
1 answer:
koban [17]3 years ago
5 0

Answer:

Variable expenses = $50,000

Explanation:

Given:

Sales price = 50,000 x $10 = $500,000

Fixed costs = $350,000

Net income = $100,000

Find:

Variable expenses

Computation:

Variable expenses = Sales price - Fixed costs - Net income

Variable expenses = $500,000 - $350,000 - $100,000

Variable expenses = $50,000

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A process that involves examining all elements of a component, assembly, endproduct, or service to make sure it fulfills its int
mrs_skeptik [129]

Answer:

Value Analysis

Explanation:

A process that involves examining all elements of a component, assembly, endproduct, or service to make sure it fulfills its intended function at the lowest total cost is value analysis.

Value analysis or Value re-engineering can be defined as the systematic and critical assessment by an organization of every feature of a product to ensure that its cost is no greater than is necessary to carry out its functions.

Furthermore, value analysis is intended to improve the "value" of goods or products and services by evaluating function in relation to cost.

8 0
3 years ago
Use the following information to determine the break-even point in sales dollars: Unit sales 50,000 Units Dollar sales $ 500,000
Keith_Richards [23]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Unit sales 50,000

Units Dollar sales $ 500,000

Fixed costs $ 204,000

Variable costs $ 187,500

First, we need to calculate the unitary selling price and variable cost:

Unitary Selling price= 500,000/50,000= $10

Unitary variable cost= 187,500/50,000= $3.75

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 204,000/ [(10 - 3.75)/10]= $326,400

6 0
3 years ago
Net present value: Select one: is the best method of analyzing mutually exclusive projects. is less useful than the internal rat
Leto [7]

Answer:

Is the best method of analyzing mutually exclusive projects.

Explanation:

Net present value is equal to the present value of all the future cash flows of a project, less the initial outlay of project.

Net present value analysis simply concluded about a project to be worth doing when it finds the present value of future cash flows greater than the initial investment and vice versa.

We just have to see which is higher, the present value of future cash flows or the initial investment.

It is assumed that an investment with a positive NPV will be profitable, and an investment with a negative NPV will result in a net loss.

3 0
3 years ago
Which of the following fiscal tools would the government use to get the economy out of a recession?
daser333 [38]
From this list, the best options in terms of fiscal tools the government could use to get the economy out of a recession would be "increase the money supply" "reduce the interest rate" and "<span>increase federal expenditures"</span>
8 0
3 years ago
Each pail of plaster covers 97 square feet of ceiling. How many pails of plaster would you need to buy to cover the ceiling of a
romanna [79]

Answer:

2.02

Explanation:

Each pail of plaster covers 97 Square feet of ceiling

The ceiling of the room is 14 ft long

= 14×14

= 196

Therefore the pail of plaster that will be needed to cover the rooms can be calculated as follows

= 196/97

= 2.02

3 0
3 years ago
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