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Westkost [7]
3 years ago
7

Hassick Corporation produces and sells a single product whose contribution margin ratio is 63%. The company's monthly fixed expe

nse is $460,530 and the company's monthly target profit is $19,000. The dollar sales to attain that target profit is closest to:
Business
1 answer:
Setler79 [48]3 years ago
6 0

Answer:

the dollar sales to attain that target profit is $761,159

Explanation:

The computation of the dollar sales is shown below:

= (Fixed cost + target profit) ÷ (Contribution margin ratio)

= ($460,530 + $19,000) ÷ (0.63)

= $761,159

hence, the dollar sales to attain that target profit is $761,159

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Consumption expenditures $ 4,150 Federal government purchases of goods and services 850 State and local government’s purchases 3
katovenus [111]

Answer:

The value of disposable income is $4,207

Explanation:

Dispossable income refers to the addition of income of an individual minus his taxes.

Therefore, the value of the value of disposable income can be calculated as follows:

Disposable income = Proprietors income + Compensation of employees + Rental income + Net interest + Transfer payments - Social insurance taxes - Personal taxes = $150 + $4,080 + $31 + $147 + $66 - $222 - $45 = $4,207

Therefore, the value of disposable income is $4,207.

8 0
3 years ago
What are the disadvantages of holding physicians criminally responsible for the outcomes of their medical actions?
zhuklara [117]
<span>A disadvantage of holding physicians criminally responsible for the outcomes of their medical actions is that it might make physicians less likely to try and perform a risky operation that is the only chance to save a patient's life. it also might make physicians more likely to decline treating patients with very complicated and delicate diseases.</span>
5 0
4 years ago
Swifty Corporation had the following selected transactions.
Anon25 [30]

Answer:

Missing word <em>"Indicate the effect each transaction has on the accounting equation, (Assets = Liabilities + Stockholders' Equity), using plus and minus signs."</em>

   Assets        =     Liabilities   +    Stockholders' Equity

1. Increase(+)         No Effect            Increase(+)

2. Decrease(-)       No Effect            Decrease(+)

3. Increase(+)        No Effect            Increase(+)

4. Decrease(-)       No Effect            Decrease(+)

3 0
3 years ago
g A savings product requires you to invest the following amounts. 250 today, 450 in one year, 650 in two years, 850 in three yea
Kaylis [27]

Answer:

$3,520.65

Explanation:

The computation of the future value is shown below:

As we know that

Future value = Present value × (1 + interest rate)^number of years

= $250 × (1 + 0.0275)^5 + $450 × (1 + 0.0275)^4 + $650 × (1 + 0.0275)^3 + $850 × (1 + 0.0275)^2 + $1,100 × (1 + 0.0275)^1

= $286.32 + $501.58 + $705.11 + $897.39 + $1,130.25

= $3,520.65

We do the reversing time period and according to that the calculation can come.

3 0
4 years ago
Holten Farm sells new tractors and pays each salesperson a commission of $1,000 for each tractor sold. During the month of Augus
OlgaM077 [116]

Answer:

B.Jacob will recognize commission expense in the amount of $3,000 in August

Explanation:

Jacob will recognize commission expense in the amount of $3,000 in August for the 3 tractors that was sold and Jacob was the salesperson who pays Jason the amount of cash realized on the 10th day of the month following the sale of the tractors.

The Commission expenses can be calculated as:

(commission of $1,000× Number of tractor 3)

=$3,000

5 0
3 years ago
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