Answer:
The answer is $2,857.14
Explanation:
Let us assume Sales be $500 per month
Monthly
Sales $500
Less: Variable Cost(72%) $360
Contribution(will be 28%) $140
Less: Fixed Cost(Assume) 0
Operating Income $140
If there should be an increase of $800 per month in the operating Income
Revised Operating Income $140 + $800 = $940
Therefore Contribution is equal to $ 940
If Contribution is $940 equal to 28%, then Sales be 100%
$940 ÷ 28%
$3,357.14
Therefore additional increase in Sales revenue required per month
$3,357.14 - $500
$2,857.14
Answer: Van's property tax will increase.
Trung's property tax will be less than Van's.
Trung's property tax will increase.
Explanation: Van’s property tax will increase because the value of his home is expected to increase more than Trung’s property value. Since Van’s property value is increasing and increasing more than Trung’s, Trung’s will be less than Van’s. Trung’s property tax is increasing due to the value increasing.
Answer:
A portfolio consists of 40% in Security A and 60% in Security B. The covariance matrix for A is 144, 225; for B is 225, 81. The standard deviation for the portfolio is <u>12.7</u>
Option D is correct
Explanation:
Wa: 0.4
Wb: 0.6
a^2: 144
b^2: 81
Cov(a,b): 225
Portfolio Variance:
: (0.4*0.4*144) + (0.6*0.6*81) + (2*0.4*0.6*225)
: 160.2
Portfolio Standard Deviation: 12.7
Answer:
$50,000 ; $100,000 ; $150,000
Explanation:
The computation of the total variable production cost is shown below:
For 4,000 units, it would be
= 4,000 units × $12.50
= $50,000
For 8,000 units, it would be
= 8,000 units × $12.50
= $100,000
For 12,000 units, it would be
= 12,000 units × $12.50
= $150,000
Simply we multiplied the total variable cost per unit with the respective units
Answer:
$9,3
Explanation:
COST RETAIL RATIO
Inventory, May 1 $10,440 $14,500 .72
Purchases 31,550 42,900
Freight-in 2,000
Purchase discounts
(250)
Net markups 3,400
Net markdowns (1,300)
Totals excluding beginning inventory
33,300 45,000 .74
Goods available $43,740 59,500
Sales (46,500)
Inventory, May 31 $13,000
Estimated inventory, May 31
($13,000 × .72) $ 9,360
