Hiiiiiii Gary you know who you are aka my friend

The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:

Rainbow [258]

Answer:

d. $75,000

Explanation:

total Los Angeles Bay Area Central Valley

Revenues $750,000 $200,000 $235,000 $325,000

Variable exp. $410,000 $110,000 $120,000 $180,000

Controllable $210,000 $65,000 $75,000 $70,000

fixed expenses

controllable $130,000 $25,000 $40,000 $75,000

profit margin

Noncontrollable fixed expenses and common fixed expenses are not included in the calculation of individual controllable profit margin.

7 0

3 years ago

Select all that apply.

katrin [286]

The answer is memos, emails, and research papers.

7 0

3 years ago

Columbia Products produced and sold 900 units of the company's only product in March. You have collected the following informati

blsea [12.9K]

Answer:

Results are below.

Explanation:

Giving the following information:

Units produced and sold= 900

Sales price (per unit) $448

Manufacturing costs:

Fixed overhead 50,400

Direct labor (per unit) 35

Direct materials (per unit) 112

Variable overhead (per unit) 70 (for the month)

Marketing and administrative costs:

Fixed costs (for the month) 67,500

Variable costs (per unit) 14

a. Variable manufacturing cost= 35 + 112 + 70= $217

b. Total cost:

Total variable cost= (217 + 14)*900= 207,900

Total fixed cost= 50,400 + 67,500= 117,900

Total cost= $325,800

Total cost per unit= 325,800/900= $362

c. Total variable cost= 217 + 14= $231

d. The absorption costing method includes all costs related to production, both fixed and variable.

Absorption cost= 217 + (50,400/900)= $273

e. Prime cost= direct material + direct labor

Prime cost= 112 + 35= $147

f. Conversion cost= direct labor + unitary variable overhead

Conversion cost= 35 + 70= $105

g. Profit margin= selling price - total unitary cost

Profit margin= 448 - 362= $86

h. Contribution margin per unit= selling price - total unitary variable cost

Contribution margin per unit= 448 - 231= $217

j. Gross margin per unit= Selling price - absorption cost per unit

Gross margin per unit= 448 - 273= $175

4 0

3 years ago

A bull market is characterized by: ________.

kodGreya [7K]

A bull market is characterized by e. investor optimism.

In 2022 stock buyers suffered their worst beginning to 12 months considering the fact that in 1970, the S&P 500 fell 21 percent at some point in the first half of 2022. The broadly tracked stock marketplace index fell into undergoing marketplace territory on June thirteen after the last extra than 20 percent beneath its high reached in early January.

A bull marketplace takes place when securities are on the upward thrust, even as a endure marketplace happens whilst securities fall for a sustained time frame. it's vital to apprehend the differences between bull and endure markets and the way they affect your funding choices.

A bull marketplace is a period of time in monetary markets while the rate of an asset or safety rises constantly. The generally widely widespread definition of a bull market is while stock expenses upward push by means of 20% after declines of 20% every.

Learn more about the bull market here: brainly.com/question/14340872

#SPJ1

4 0

2 years ago

The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $17,750. The bank statement indicated a balance of $

omeli [17]

Answer:

The bank reconciliation statement is as shown below:

Amount in $

Balance per bank statement 33,650.00

Deposit in transit 9,150.00

Outstanding check (17,865.00)

Bank charges 80.00

Note collected (6,095.00)

Returned check (540.00)

Check drawn (630.00)

Book balance  17,750.00

Explanation:

Deposit in transit has been recorded in the books, thus the addition to the bank balance. Bank charges have been deducted from the bank balance but not in the cash book hence it is added back. Note collected is yet to be recognized in the books hence the deduction from the bank balance.

Amount recorded from the check returned is more than the actual by $540 hence the deduction. The check drawn has been over charged by the bank to the tune of $630 hence the deduction.

5 0

4 years ago