Answer:
Fixed costs= 1,100,000
Explanation:
Giving the following information:
During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and pretax income was $400,000.
We need to reverse engineer the income statement to determine the total fixed costs. We know that the pretax income is the difference between the total contribution margin and the fixed costs.
Pretax= total contribution margin - fixed costs
400,000= 1,500,000 - FC
Fixed costs= 1,500,000 - 400,000
Fixed costs= 1,100,000
Answer:
B) $30,500
Explanation:
Calculation for Kapanga's work in process inventory balance at the end of October
First step is to calculate the Variable Overheads
Variable Overheads = 150% × $5,000
Variable Overheads = $75,000
Now let calculate work in process inventory balance using this formula
Work in process inventory balance = Direct Material + Direct Labor + Variable Overheads
Let plug in the formula
Work in process inventory balance= $ 18,000 + $ 5,000 + $ 7,500 = $ 30,5000
Work in process inventory balance= $30,500
Therefore Kapanga's work in process inventory balance at the end of October will be $30,500
Answer:
The correct answer is D
Explanation:
Velocity of money is a tool for the measurement or evaluation of the rate at which the money is being exchanged in an economy or market. It is computed as the equation which divide the GDP (Gross Domestic Product) with the money supply . The velocity of the money is the number of times, the money moves or circulate from one entity to another entity.
So. it is the average number of times the dollar spent per year by the entities.
Specialisation is when individuals focus on perfecting a limited range of tasks so as to become experts in that particular field
Answer:
Explanation: i am not fully sure ,but do your best
