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Mila [183]
4 years ago
8

Jacoby Company received an offer from an exporter for 30,000 units of product at $15 per unit. The acceptance of the offer will

not affect normal production or domestic sales prices. The following data are available:
Domestic unit sales price $21
Unit manufacturing costs: Variable 12 Fixed 5
What is the differential revenue from the acceptance of the offer?
a. $630,000
b. $120,000
c. $510,000
d. $450,000
Business
1 answer:
tresset_1 [31]4 years ago
6 0

Answer:

The correct option here is D) $450,000.

Explanation:

The differential revenue from the acceptance offer is the additional amount of revenue that will be generated without affecting the revenue generated from the domestic sales in the normal course of operations.

The differential revenue from acceptance of offer can be calculated as -

= Selling price per unit per offer x number of units per offer

= $15 x 30,000

= $450,000

Therefore $450,000 is the differential revenue from the acceptance of offer.

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Which is your least urgent concern if you are stranded in a remote area and must await rescue?
Karolina [17]
The least urgent concern if you are stranded in a remote area is that whether you have a shelter or a place that you could stay until the rescue arrives. It is because the most urgent concern that you have to deal with or prioritize first is your food and the materials you need to survive.
3 0
3 years ago
Read 2 more answers
India has 3 GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. Theexchange rate is 50 rupees per US. dollar.
vekshin1

Answer:

Indian rupee in US dollars = $418

Explanation:

given data

India GDP = 23,000 billion

exchange rate = 50 rupees per US

population = 1.1 billion

solution

we get here GDP per capita as

GDP per capita = India GDP ÷ population

GDP per capita  = \frac{23000}{1.1}  

GDP per capita  = 20909 rupees

so here we Convert Indian rupee in US dollars that is with exchange rate

Indian rupee in US dollars = GDP per capita  ÷ exchange rate

Indian rupee in US dollars = \frac{20909}{50}  

Indian rupee in US dollars = $418

7 0
3 years ago
Journalize the entries to record the following transactions for Zentric Corporation. Refer to the Chart of Accounts for exact wo
GREYUIT [131]

Answer:

Jan 22

Dr Cash $720,000

Cr Common stock $720,000

Feb 14

Dr Cash $2,420,000

Cr Preferred stock $2,420,000

30

Dr Cash $540,000

Cr Preferred stock $495,000

Cr Paid in capital in excess of par-Preferred stock $45,000

Explanation:

Preparation of the journal entries

Jan 22

Dr Cash $720,000

Cr Common stock $720,000

(180,000 shares * $4)

Feb 14

Dr Cash $2,420,000

Cr Preferred stock $2,420,000

(44,000 shares * $55)

30

Dr Cash $540,000

(9,000 shares * $60)

Cr Preferred stock $495,000

(9,000 shares * $55)

Cr Paid in capital in excess of par-Preferred stock $45,000

[9,000 shares *($60- $55) ]

5 0
3 years ago
Consider the single-index model. The alpha of a stock is 0%. The return on the market index is 16%. The risk-free rate of return
Natalka [10]

Answer:

β of the stock = 1

Explanation:

Given:

α of a stock = 0%

Return on the market index = 16%

Risk-free rate of return  = 5%

Required rate  = 11% + 5% = 16%

β of the stock = ?

Computation of β of the stock:

Required rate = Risk-free rate of return + [β (Return on the market index - Risk-free rate of return)]

16% = 5% + [β (16% - 5%)]

16% - 5% = β (16% - 5%)

11% = [β (16% - 5%)

11% = [β (11%)

β of the stock = 1

3 0
3 years ago
Determine the balance in Finished Goods Inventory on October 31 and November 30 under absorption costing and variable costing. C
Morgarella [4.7K]

Answer:Please refer to the explanation section

Explanation:

The question is incomplete, amounts of production costs like Direct Material, direct labour and Variable/Fixed manufacturing overheard were not given, we will explain the absorption cost and variable cost in detail so that the student would be able to calculate absorption cost and variable cost balances easier.

Absorption costing Method

Total Manufacturing costs are allocated to Finished goods Product. Absorption Costing method assigns or allocates the total cost of Manufacturing or total production costs to units of Finished Goods produced. each unit of finished goods thus represents total costs of production per unit or Total Manufacturing/Production cost is the Balance of Finished Goods.

Total Manufacturing/Production cost = direct labor cost + direct material cost + variable and fixed Manufacturing overheads cost.

Finished Goods Balance = Total Manufacturing/Production cost

A unit of Finished Goods = Total Manufacturing costs/units produced

Variable costing method

Variable costing method fixed manufacturing costs are treated as an expense,  Variable Manufacturing costs are the only allocated to inventory. The value or Balance of inventory consist of Variable Manufacturing cost like Direct labor, Direct Material and Variable Manufacturing costs. Finished Goods Balance equals total Variable Manufacturing cost

5 0
3 years ago
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