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3 years ago

10

the measure and establishment of the boundaries of a particular property usually identify by middle stakes embedded at the corne

rs of the lot line is

1 answer:

goblinko [34]3 years ago

8 0

B is the answer girlie

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Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $270. Annual fixed co

uysha [10]

Answer: The company's current sales is 9,333 units.

It has to sell a total of 10,695 units in order to achieve a target pre tax income of $1,125,000.

First we calculate the number of units sold at the current sales level.

We compute this as:

$\frac{Sales}{Price per unit} = \frac{4,200,000}{450} = 93333.33 units$

Next we find the contribution margin per unit.

$Contribution margin per unit = Selling Price - Variable Cost$

$Contribution margin per unit = 450 - 270$

Contribution Margin per unit is <u>$180.</u>

Flannigan Company's current per-tax income is calculated as :

Sales 4200000

less:Variable costs @ $270 for 9333.33 units -2520000

Contribution 1680000

less:Fixed Costs -800000

Pre tax income 880000

With this information, we can calculate the Contribution Margin required if the pre tax income should be $1,125,000. We work backwards in order to find the Contribution Margin from Pre-tax income.

Targeted Pre Tax income $1,125,000

Add: Fixed Costs $ 800,000

Contribution Margin $1,925,000

Since we know the per unit contribution, we can calculate the number of units to be sold as:

$Targeted sales in units = \frac{New contribution margin}{Contribution per unit}$

$Targeted sales in units = \frac{1,925,000}{180} = 10,694.44$

Since products can't be sold in parts, any decimal value after a whole number will be rounded up. Hence the targeted sales will be 10,695 units.

7 0

3 years ago

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Companies operating in a highly automated environment that produce many different products with varying levels of production sho

PSYCHO15rus [73]

Answer:

Activity based costing says that we must not absorb the Overhead cost on the basis of one absorption basis as this overhead is not generated as a result of this absorption basis(Machine hrs or labor hours). This use of one absorption basis is inappropriate (not fair allocation). We must find a fair basis that drives this cost. Upon investigation the management found that the total overhead cost suppose which is $1,050,000 can be divided into three cost pools (parts) and each part has a cost driver(a basis of allocation) which can be used to allocate this cost.The costs in the ABC system are allocated to unit product on more fair basis than the tradition absorption costing which only assume one fair basis for allocation of overhead costs. ABC criticizes traditional costing technique for using only one basis for absorption of Overheads.

Now following example will help you in understanding the difference between Absorptiion Costing and Activity based costing.

Suppose both Mr. A and Mr. B drank 5 glasses of juices. Each glass of juice costs $4. According to the Traditional absorption costing technique each individual must pay:

(5 Juices/2)*$4=$10

But ABC says its unfair, use a more appropriate basis for cost allocation. So upon investigating we came to know that Mr. A drank 3 glasses of juice and Mr. B drank 2 glasses of juice. So Mr. A must pay $12(3*$4) and Mr. B must pay $8(2*$4). This is more appropriate or fair basis of absorbing the overhead cost to each individual and is Activity Based Costing.

6 0

3 years ago

Instead of only meeting the goals of upper management, Malcolm also could have tried to meet the goals of his team members. This

Usimov [2.4K]

Answer:

servant leadership

Explanation:

Definition:

A servant leader focuses primarily on the growth and well being of people and communities to which they belong. The leader shares power, puts the needs of others first and helps people develop to their fullest potential.

How Malcolm could have demonstrated servant leadership:

Focus on serving employees’ needs .
Develop employees to unleash potential in them .
Coach and encourage others to participate in organizational activities .
Create enabling work environment for personal growth and maximum participation by all.
Move away from self –serving, domineering leadership to respect, value and motivate subordinates .

5 0

3 years ago

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Calculate net worth using the following information. Assets Liabilities car - $3,500 car loan - $3,000 savings account - $1,000

raketka [301]

Ok, I'm going to tell you how to calculate it and the answer.
so what you do is add up your assets and then add up your liabilities.
then you subtract your liabilities from your assets in this case your assets add up to 4,700 and your liabilities add up to 3,500.
then you subtract 4,700 from 3,500 since your liability is a lower number.
And then your answer would be $1,200 dollars hope it helped :D

3 0

3 years ago

Read 2 more answers

The role of the entrepreneur in society is to bring the factors of production together and take the risks of producing output. r

tatuchka [14]

Answer:

bring the factors of production together and take the risks of producing output.

Explanation:

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

The four factors of production are;

I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.

IV. Entrepreneurship: it is the intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

In a society, the role of an entrepreneur is mainly focused on bringing the four (4) factors of production together and take the risks of producing output, so as to generate revenue through sales and make economic profits in the long-run.

In conclusion, when the aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.

3 0

3 years ago