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cupoosta [38]
3 years ago
12

Menlove Corporation has provided the following cost data for last year when 100,000 units were produced and sold:

Business
1 answer:
Nezavi [6.7K]3 years ago
3 0

Answer:

Net operating income= $405,000

Explanation:

<u>First, we need to calculate the unitary variable cost:</u>

Total variable cost= 650,000 - 100,000 - 100,000= $450,000

Unitary variable cost= 450,000 / 100,000

Unitary variable cost= $4.5

Total fixed cost= 100,000 + 100,000= $200,000

<u>Now, the net operating income for 110,000 units:</u>

<u />

Sales= 10*110,000= 1,100,000

Total variable cost= 110,000*4.5= (495,000)

Total contribution margin= 605,000

Total fixed cost= 200,000

Net operating income= $405,000

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2 years ago
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3 years ago
The Federal Reserve conducts a $30 million open-market purchase of government bonds. If the required reserve ratio is 15 percent
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Answer

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The answer and procedures of the exercise are attached in the image below.

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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