ACTION STEPS (What will be done) Step 1 Plann Step 2 4 Step 3 rll 의 Step 4 Step 5 Pa complete (5)

Souza Inc, which produces and sells a single product, has provided its contribution format income statement for October.

Dafna1 [17]

Answer:

d. $300

Explanation:

Calculation for what its net operating income should be closest to

Using this formula

First step is to calculate the contribution margin per unit using this formula

Contribution margin per unit= Contribution margin ÷ Number of units

Let plug in the formula

Contribution margin per unit= $48,000 ÷ 4,000 units

Contribution margin per unit= $12

Second step is to calculate the contribution margin

Contribution margin = 3,500 units × $12

Contribution margin = $42,000

Now let calculate the net operating income using this formula

Net operating income = Sales - Variable cost - Fixed expenses

Let plug in the formula

Net operating income= $42,000 - $41,700

Net operating income= $300

Therefore its net operating income should be closest to $300

8 0

3 years ago

Jacques has plans to go to a play and already has a $50 nonrefundable, nonexchangeable, and nontransferable ticket. Now Kyoko, w

77julia77 [94]

Answer:

Explanation:

Rightly ignored a sunk cost since he cannot recover the money back and it really does not have any effect on the decision in the future

3 0

3 years ago

What is economic growth

goblinko [34]

Hey there!

(economic) growth is when the country or the city is more wealthy in money. This would mean that there are not lacking in making this city or ect, look good, they have food to eat, water, and this is what make a economic city place look good. It is also when places have money to use on other thing's as a skating rink or things of that case.

3 0

3 years ago

Read 2 more answers

Vijay Inc. purchased a three-acre tract of land for a building site for $260,000. On the land was a building with an appraised v

puteri [66]

Answer:

$273,840

Explanation:

The Cost of of an item of Property, Plant and Equipment according to IAS 16 include the purchase price and any directly related costs incurred in bringing the asset in the condition and location for operation as intended by management.

<u>Calculation of the Cost of Land</u>

Purchase Price $260,000

Cost after proceeds to demolish old building($11,300 - $1,670) $9,630

Insurance $830

Legal Fees $420

Property taxes ( $3,300 - $170) $3,130

Capitalized Cost $273,840

3 0

3 years ago

The fact that less than half of all equity fund managers beat the market in most years indicate that the stock market is _____.

hoa [83]

Answer: largely efficient

Explanation:

The fact that less than half of all equity fund managers beat the market in most years indicate that the stock market is largely efficient.

According to the strong-form hypothesis of the efficient market, when there is an efficient market, all the private and public information would be reflected in the prices of the stock.

5 0

3 years ago

ACTION STEPS (What will be done) Step 1 Plann Step 2 4 Step 3 rll 의 Step 4 Step 5 Pa complete (5)​

ACTION STEPS (What will be done) Step 1 Plann Step 2 4 Step 3 rll 의 Step 4 Step 5 Pa complete (5)