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3 years ago

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:

First, we need to calculate the unitary variable cost:

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

Now, the net operating income for 110,000 units:

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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The following information was collected for the first year of manufacturing for Appliance Apps: Direct Materials per Unit $2.50

lara31 [8.8K]

Answer:

Results are below.

Explanation:

First, we need to calculate the total unitary variable cost:

Total unitary variable cost=2.5 + 1.5 + 0.25 + 1.5

Total unitary variable cost= $5.75

Now, the variable costing income statement:

Sales= 33,000*12= 396,000

Total variable cost= (33,000*5.75)= (189,750)

Total contribution margin= 206,250

Fixed Manufacturing Expenses= (117,000)

Fixed Selling and Administration Expenses= (21,000)

Net operating income= 68,250

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3 years ago

What is the average of gross income for domestic movies (in mln)?

Brrunno [24]

The average gross income for domestic movies (in mln) is 180

A film industry-specific term used by box office reporters such as Variety and Box Office Mojo. For movies released in North America, box office revenue is usually divided into domestic, including the United States and Canada, and international, including all other countries.

Today, weekly box office revenues are usually considered Friday-Thursday, reflecting the fact that most movies are officially released on Friday in the United States. Variety was published every Wednesday for many years, so most of the weekly box office revenue they reported in the 1920s-1990s was from Thursday-Wednesday.

Most of the Weekly Loss is weekend cashiers. Historically, this has been reported as box office revenue from Friday to Sunday, and holidays close to weekends. Day numbers from Friday to Sunday are also now used.

Learn more about Domestic movies here: brainly.com/question/25731424

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5 0

2 years ago

Sheridan Manufacturing purchased a new building with the surrounding land. The price paid was $2,400,000, including the commissi

TiliK225 [7]

Answer: Land, $1,600,000

Building, $800,000

Explanation:

To answer this we would have to use a proportionality based allotment using the market values.

For the land,

Land is valued at 2 million out of a total of 3 million so,

= 2/3

It is 2/3 of the total market value of both so it will be 2/3 of the purchase value.

= 2/3 * 2,400,000

= $1,600,000

Land will be recorded at $1,600,000

Using the same method for the Building

Building is valued at 1 million out of a total of 3 million so,

= 1/3

It is 1/3 of the total market value of both so it will be 1/3 of the purchase value.

= 1/3 * 2,400,000

= $800,000

Building will be recorded at $800,000

If you have any questions or need any clarification do react or comment.

8 0

3 years ago

Who is a better businessman Dr. Dre or Shaquille O'Neil and why

BigorU [14]

Dr.Dre, although Shaquille O’Neil has many partner ships, Dr.Dre has a whole brand, and also has many partnerships.

7 0

3 years ago

Frank’s electric bill has a cycle day of the 3rd and a due date 8 days later with a one day grace period. What happens if Frank

telo118 [61]

In this case, since Frank's electric bill has a cycle day of the 3rd and due 8 days later, so that would be on the 11th day, and a grace period of one day which is the 12th day, what happens if Frank pays his electric bill on the 12th of the month is that, there will be no extra fees or penalties to be paid since he just paid on time. Hope this helps.

3 0

3 years ago