Answer:
D) 5182 glass vases
Explanation:
<em>Contribution per glass vases:</em>
$4.5 selling price - $ 1.75 variable cost= 2.75
<em>Operating income:</em>
29,000 units x $ 2.75 - $ 8,500 = $71,250 operating income
<em>Target income is to obtain a 20% increase:</em>
71,250 x (1 + 20%) = 85,500 target income:
<em>units needed for target income:</em>
(85,500 target income + 8,500 fixed cost) / 2.75 contribution per unit= 34.181,81
aditional glass vases needed for target income:
34,182 - 29,000 = 5,182
Answer:
The correct answer is d. The proper safeguarding of client information.
Explanation:
According to chapter 3 of the GAO Yellow Book, the following are the ethical principles:
-
The public Interest
- Integrity
- Objectivity
- The proper use of government information, resources, and position.
- Professional behavior.
Proper protection of customer information is not an ethical principle in this book, but it should be a factor to consider in the information manipulation process.
Answer:
$10,000 loss
Explanation:
Barry bought a property for $60,000. He sells it for $100,000 to a company he owns 50% of. 50% of $100,000 = $50,000. He bought it for $60,000 and sold it for $50,000... that's a $10,000 loss. But they did say they are keeping the property for resale so there still may be hope :D
Answer:
False
Explanation:
Variable costs are part of direct expenses incurred in the production of goods meant for sales. Variable costs have a direct and proportionate relationship with the output level. An increase in output level increases variable costs. Examples of variable costs are packaging and raw materials.
The contribution margin is the dollar amount available from the sale of each unit to cater for fixed costs and profits. It is calculated by subtracting variable costs from the selling price. The contribution margin is used in determining the break-even point and the output level required to achieve desired profits.
Answer:
$1829000.
Explanation:
Given: Cash sales, $540,000.
Credit sales, $1,440,000.
Sales returns and allowances, $99,000.
Sales discounts, $52,000
Now, computing net sales of Newark.
Net sales= 
Net sales= 
⇒ Net sales= 
∴ Net sales= 
Hence, Newark´s net sales is $1829000.
