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WARRIOR [948]
2 years ago
8

Seidman Company manufactures and sells 20,000 units of product X per month. Each unit of product X sells for $17 and has a contr

ibution margin of $8. If product X is discontinued, $45,000 in fixed monthly overhead costs would be eliminated and there would be no effect on the sales volume of Seidman Company's other products. If product X is discontinued, Seidman Company's monthly income before taxes should:
Business
1 answer:
True [87]2 years ago
4 0

Answer:

Effect on income= $115,000 decrease

Explanation:

Giving the following information:

Fixed costs= $45,000

Number of units= 20,000

Unitary contribution margin= $8

<u>To calculate the effect on income, we need to use the following formula:</u>

Effect on income=  decrease in fixed costs - decrease in contribution margin

Effect on income= 45,000 - 20,000*8

Effect on income= $115,000 decrease

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Susan orders five table settings of china from bone china. each set includes a dinner plate, cup &amp; saucer, bowl, and dessert
lianna [129]
No, she can’t do that because the person who ordered the table settings paid for what they were supposed to send so she needs to of sent them if not that’s false advertising.
6 0
3 years ago
A business action that has been widely adopted within an industry or occupation is known as _____.
strojnjashka [21]
<h2>A business action that has been widely adopted within an industry or occupation is known as Standard Business practice</h2>

Explanation:

Standard business practice tells you how to operate and manage your business.

The operation includes:

Goals, objectives: Mentioning about the goal and objective of the organization and creating process to achieve those.

Sales: Sales are the most important aspect which brings revenue to any kind of industry starting from education industry to MNC industry. Sales can bring business and one of the crucial department for success of the organization.

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7 0
2 years ago
A bond with par value of $1,000 has an annual coupon rate of 4.8% and currently sells for $970. What is the bond’s current yield
podryga [215]

Answer:

The Bond's Current yield = 4.95%

Explanation:

Annual coupon = Value of Bond * Annual Coupon rate

Annual coupon =  $1000 * 4.8%

Annual coupon =$48

The Bond Current yield =Annual coupon / Current price

The Bond Current yield =  $48 / $970

The Bond Current yield = 0.049485

The Bond Current yield = 4.9485

The Bond Current yield = 4.95%

8 0
2 years ago
If real GDP per person were equal to $2,620 in 1900 and grew at a 3 percent annual rate, what would be the value of real GDP per
gavmur [86]

If real GDP was 2630 and grew annually at 3%, The value of real GDP ten years later is going to be $67670

<h3>How to solve for real GDP </h3>

We have to start by starting the formula A = P(1+r)^n

We have P = principal = 2620

We have r as the rate of interest = 3% = 0.03

We have the number of years n = 110

We have to put these values in the formula we have

A= 2620(1+0.03)^110

= 67669.9

This is approximated to be

= 67670

Read more on Real GDP here:

brainly.com/question/17110800

#SPJ1

5 0
1 year ago
Henry is involved in a multi-car collision on the highway where someone was injured. The road was closed for about 3 hours. His
Delicious77 [7]

Answer: Yes

Explanation:

Henry is involved in multiple car collisions and there are possibility that the the cars might have some goods in it, some chemicals or anythings which is damaged due to the collision.

The cars are damaged, there might be some spill or some injury to the driver or the people in car.

In this case a report should be made by CANUTEC which takes care of the transportation and allows the safety of people and handle the matter related to spills, goods damage, and other stuffs like like that.

7 0
2 years ago
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