Answer:
$28,600
Explanation:
Both sales and variable cost are dependent on the number of units sold.
The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.
As such, the net operating income/loss is the difference between the sales and the total costs.
The company's net operating income (loss)
= $42,300 + $94,700 - $108,400
= $28,600
Answer:
she could earn a total of $71,000 instead of attending graduate school.
Explanation:
economic costs = accounting costs + opportunity costs
Jane's accounting costs = $100,000 in tuition + $20,000 room and board + $2,000 books
Jane's opportunity costs = unearned wages - $18,000 room and board (already included in accounting costs)
if Jane's economic cost = $175,000, then her unearned wages would equal:
$175,000 = $122,000 + unearned wages - $18,000
$175,000 = $104,000 + unearned wages
$71,000 = unearned wages
D. department
The vice president of marketing develops the department-level strategy.
Answer: $4.140 per gallon
Explanation:
Costs including wastage for 210 gallons:
3,300 ounces of grape concentrate at $0.03 per ounce:
= 
= 100
357 pounds of granulated sugar at $0.36 per pound
:
= 
= 151.2
294 lemons at $0.63 each = 
= 264.6
840 yeast tablets at $0.28 each = 840 × 0.28
= 235.2
1,050 nutrient tablets at $0.11 each = 1,050 × 0.11
= 115.5
3,100 ounces of water at $0.001 per ounce = 3,100 × 0.001
= 3.1
Hanks estimates that,
1% of the grape concentrate is wasted
15% of the sugar is lost
30% of the lemons cannot be used
Hence,
Cost for 210 gallons = 100 + 151.2 + 264.6 + 235.2 + 115.5 + 3.1
= $869.6
Hence, cost per gallon = 
= 
= $4.140 per gallon
Answer:
The bad debt expense amounts to $ 10,680
Explanation:
The bad debt expenses for the year 2017 is computed as:
As the percent of sakes method is used for estimating the bad debt expense. Therefore, it is computed as:
Bad debt expense = Net Credit Sales × Estimate Percent
where
Net credit sales amounts to $178,000
Estimate percent is 6%
So, putting the values above:
Bad debt expense = $178,000 × 6%
Bad debt expense = $10,680
Therefore, the bad debt expense amounts to $10,680
