Answer:
Profit margin = $3 per unit
Explanation:
<em>The profit margin earned is the difference between selling price and the manufacturing cost</em>
Manufacturing cost per unit = variable cost + fixed overhead cost per unit
overhead absorption rate = estimated overhead/estimated machine hours
=$220,000/20,000 machine hours
= $11 per hour
Manufacturing cost per unit = 2 + (11 × 2) = $24 per unit
Profit margin = 27 - 24
= $3 per unit
Answer:
Under NASAA's Statement of Policy on Dishonest or Unethical Business Practices of Broker/Dealers and Agents, which of the following is NOT considered when determining excessive trading in a client's account:
C) Length of association with the agent.
Explanation:
- NASAA stands for The North American Securities Administrators Association that ensure the safety of the investor.
- The option a, b and d are not correct as the Under the NASAA's statement of policy of dishonest or unethical business practices of broker/dealers and agents, investment objectives of the client, financial status of the client as well as the character of the account are considered.
- The option c is correct as length of association with the agent is not the concern of the NASAA so it is taken into the consideration.
Answer:
Division A
Operating Income:
Transfer Price = $4.00
Less Costs = $2,25
Operating Income = $1.75
Explanation:
The Transfer Price of $4.00 per burger to Division B is the selling price for Division A's product.
When the costs of producing Division A's product is subtracted from the selling price (transfer price), the result is the operating income.
Operating income is, therefore, the difference between selling price and costs. These costs include the cost of goods sold and other expenses, like wages and salaries, rent, etc. It is the income subject to taxes and profit distribution.
Answer:
4) Hyperinflation
Explanation:
Hyperinflation is when the prices of goods and services rise more than 50 percent a month. At that rate, a loaf of bread could cost one amount in the morning and a higher one in the afternoon. The severity of cost increases distinguishes it from the other types of inflation.
C , calling a potential customer to inform them about a new program