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Inessa [10]
4 years ago
11

A foreign company (whose sales will not affect benjamin's market) offers to buy 4,100 units at $7.61 per unit. in addition to va

riable manufacturing costs, selling these units would increase fixed overhead by $610 and selling and administrative costs by $310. if benjamin accepts the offer, its profits will:
Business
1 answer:
photoshop1234 [79]4 years ago
7 0
Profits will rise. It fixes his overhead cost and selling and administrative costs.
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Currency (paper money plus coins) constitutes about: ____________
kirza4 [7]

Answer:

a. 57 percent of the U.S. M1 money supply.

7 0
3 years ago
Oriole Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 390 $6
rewona [7]

Answer:

Cost of goods available for sale = $12,480

Explanation:

<em>The cost of goods available for sale is the sum of the value of the opening inventory plus the cost of new purchase. The cost of new purchase would include carriage inward cost if any.</em>

<em>For Oriole company , the cost of goods available for sale would be computed as follows:</em>

                                                                           $

Opening inventory                                            2,340

Purchases

June 12                5,460

June 23               <u> 4,680 </u>                                 <u> 10,140</u>

Cost of goods available for sale                     <u>12,480</u>

<em>Note that the sales made are not relevant for the purpose of determining the cost of goods available for sale. Also, the closing inventory would have been deducted from the cost of goods available for sale to arrive at the cost of goods sold should the question require it.</em>

7 0
3 years ago
Cromwell's Interiors is considering a project that is equally as risky as the firm's current operations. The firm has a cost of
mario62 [17]

Answer:

Cost of capital = 12.40%

Explanation:

given data

cost of equity = 15.4 percent

pretax cost of debt = 8.9 percent

debt-equity ratio = 0.46

tax rate = 34 percent

to find out

What is the cost of capital for this project

solution

first we get Equity multiplier that is express as

Equity multiplier = 1 + debt-equity ratio  ..................1

put here value

Equity multiplier = 1 + 0.46

Equity multiplier = 1.46

and

Weight of equity will be

Weight of equity = \frac{1}{Equity\ multiplier}    ....................2

put here value

Weight of equity = \frac{1}{1.46}

Weight of equity =  0.6849

and

Weight of Debt will be here

Weight of Debt = 1 -  weight of equity    ...........................3

put here value

Weight of Debt =  1 - 0.6849

Weight of Debt =   0.3151

so

Cost of capital will be here as

Cost of capital = Weight of Debt  × pretax cost of debt ×  (1- tax rate )  + cost of equity ×  Weight of equity    .....................4

put here value we get    

Cost of capital = 0.3151 × 8.9% × (1 - 0.34) + 15.4% × 0.6849

Cost of capital = 12.40%

7 0
3 years ago
Assume you are the CEO of Black Diamond, a global organization. You realize that some of the people in your organization are hig
const2013 [10]

Answer:

a. High uncertainty avoidance.

Explanation:

Cultures that have high uncertainty avoidance have a low tolerance for situations that are unclear and vague. They tend to avoid risk, follow laid down rules, and favor well structured environments.

People from cultures with high uncertainty avoidance will be ideal for the Black Diamond team. They will function well in a structured team where members collaborate to achieve set goals.

3 0
4 years ago
Katherine gives piano lessons for $20 per hour. She also grows flowers, which she arranges and sells at the local farmer’s marke
Debora [2.8K]

Answer:$100

Explanation:

Accounting profit is total earnings less total cost.

Accounting profit = Total revenue - Total cost

$150 - $50 = $100

Economic profit = Accounting profit - Opportunity cost

$100 - ($20 ×5) = 0

6 0
4 years ago
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