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slavikrds [6]
2 years ago
7

Henderson Electronics Corporation manufactures and sells FM radios. Information on the prior year's operations (sales and produc

tion Model A1) is presented below: Sales price per unit $30 Costs per unit: Direct material 7 Direct labor 4 Overhead (50% variable) 6 Selling costs (40% variable) 10 Production in units 10,000 Sales in units 9,500 Refer to Henderson Electronics Corporation. The Model B2 radio is currently in production and it renders the Model A1 radio obsolete. If the remaining 500 units of the Model A1 radio are to be sold through regular channels, what is the minimum price the company would accept for the radios
Business
1 answer:
Juli2301 [7.4K]2 years ago
6 0

Answer:

$4

Explanation:

Calculation to determine the minimum price the company would accept for the radios

Minimum price=Selling costs (40% variable)*$10

Minimum price=$4

Therefore the minimum price the company would accept for the radios will be $4 because it COVER THE VARIABLE SELLING EXPENSE

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Answer:

C. Supply of lobster is greater in summer than in spring .

Explanation:

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Demand curve is downward sloping, supply is upward sloping - due to law of demand & law of supply .

Market Equilibrium is where Demand = Supply & the curves intersect . Decrease in demand (Lobsters spring case) generally creates excess supply which leads to competition among sellers and reduces the prices . However if price is increasing despite of demand decrease (Lobsters  spring case) , the excess supply due to demand shortage would not have happened due to c) lesser supply in spring. So , decrease in demand off set by decrease in supply also in spring would have led to lobsters' higher price despite of lower demand in spring.

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3 years ago
Write a paragraph explaining what kind of assessment works best for you to really be able to show what you know. (Consider stand
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Answer:

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Answer:

total Equity at end of the year  = $69019 million

Explanation:

given data

assets = $123,249 million

liabilities = $54,230 million

to find out

total equity

solution

we get here total Equity at end of the year that is express as

total Equity at end of the year  = Asset - Liabilities   .................1

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total Equity at end of the year  = $123,249 million  - $54,230 million

total Equity at end of the year  = $69019 million

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