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sesenic [268]
2 years ago
13

A company's flexible budget for 12,000 units of production showed sales, $48,000; variable costs, $18,000; and fixed costs, $16,

000. The operating income expected if the company produces and sells 16,000 units is: Select one:
Business
1 answer:
Drupady [299]2 years ago
4 0

Answer:

$24,000

Explanation:

Selling price per unit:

= Sales ÷ units produced

= $48,000 ÷ 12,000

= $4

Variable cost per unit:

= variable costs ÷ units produced

= $18,000 ÷ 12,000

= $1.5

Fixed cost = $16,000

Net operating income if the company produces and sells 16,000 units:

= Sale - Variable cost - Fixed cost

= (16,000 × $4) - (16,000 × $1.5) - $16,000

= $64,000 - $24,000 - $16,000

= $24,000

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A nation's capital stock was valued at $300 billion at the start of the year and $350 billion at the end. Consumption of private
Alekssandra [29.7K]

Answer:

Gross investment will be equal to $175 billion

Explanation:

We have given nation's capital stock at the start = $200 billion

And capital stock at the end = $350 billion

Consumption of private fixed capital in the year = $25 billion

We have to find the gross investment

Gross investment is equal to

Gross investment =  Capital stock at the end of the year + consumption of private fixed capital - Capital stock at the starting of the year

= $350+$25-$200 = $175

So gross investment will be equal to $175 billion

4 0
3 years ago
On January 1, 2018, Jolley Corp. paid $250,000 for 25% of the voting common stock of Tige Co. On that date, the book value of Ti
shusha [124]

Answer:

            Dr. Investments in Associates 250,000

            Cr.            Cash                                 500,000

          Dr. Cash                                   10,000

          Cr.            Investments in Associates 10,000

          Dr. Investments in Associates 50,000

          Cr.     Investment revenue                    50,000

Explanation:

The equity method is a type of accounting used to incorporate investments. It is used when the investor holds significant influence over the investee but does not exercise full control over it.

An investor is deemed to have significant influence over an investee if it owns between 20% to 50% of the investee’s shares or voting rights.

- Jolley receives dividends of $10,000, which is 25% of $40,000, and records a reduction in their investment account. The reason for this is that they have received money from their investee.

- Jolley records the net income from Tige Co. as an increase to its Investment account.

4 0
3 years ago
what happens when ethanol is refluxed with acidified sodiumheptaoxodiochromate(4) solution for a long time​
salantis [7]

Answer:

1-butanol

Explanation:

7 0
2 years ago
Read the paragraph. preparation is the key to success when hiking. hikers must research weather conditions and wear appropriate
Doss [256]
The answer is <span>A. to develop the central idea of hiking preparedness</span>
7 0
3 years ago
Read 2 more answers
Why does the quantity of public college education determined in a free market (without government intervention) represent a mark
Elan Coil [88]

<u>Because the </u><u>equilibrium quality </u><u>chosen by the market would be lower than the level that most people would consider desirable, the quantity of public college education determined in a free market (without government intervention) is a</u><u> market failure.</u>

How does government intervention lead to a collapse of the market?

  • Lack of information, market regulation, public goods, and externalities can all contribute to market failure.
  • Government intervention, such as new laws, taxes, tariffs, subsidies, and trade restrictions, can be used to fix market failures.

How does the market for education fail?

  • Due to systematic undervaluation of the roles of motivation and engagement by educational policy, there is a significant market failure in the context of education.
  • Lack of metrics for those qualities and ignorance of their potential usefulness serve as examples of this undervaluation.

Learn more about market failures

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5 0
1 year ago
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