Answer:
a)Total cost per unit =$41.729
b)ROI = $6,290,730.
c) Mark-up = 27.7%
Explanation:
a)
The total cost per unit = variable cost + fixed cost per unit
Fixed cost unit = ($3,318,400 +$1,626,560)/544,000 units
= 9.089
Total cost per unit = 6.87+10.77+15 +9.089
=$41.729
b)
Desired ROI = 23%. × 27,351,000= $6,290,730.
c)
Mark-up
Mark-up is profit/target cost cost
Profit per unit = $6,290,730./544,000 units
= 11.56 =
Mark-up = (11.56/41.729) × 100 = 27.7%
Answer:
$69,300
Explanation:
The computation of the amount of the new equipment for equipment A is shown below;
Since the transaction has the commercial substance and also the cash is received
So, the amount of the new equipment is
= Fair value - cash received
= $81,100 - $11,800
= $69,300
Hence, the amount of the new equipment is $69,300
Answer:
e. domestic instability led to the creation of dictatorships.
Explanation:
The Great Depression was a period of severe economic meltdown or downturn (crisis) of the industrialized world and it started from the United States of America, typically lasting for about ten years (1929-139).
Basically, the Great Depression started in America on the 4th of September, 1929 as a result of a major fall in the prices of stocks and consequently, leading to a stock market crash on the 29th of October, 1929.
Hence, the negative effects of the Great Depression includes a decline in investments, tax revenues, market price, personal income level, consumer spending, profits and a general rise in unemployment rate.
During the Great Depression, domestic instability led to the creation of dictatorships and autocratic leaderships (government) across many countries.
Generally, dictatorship is characterized by a single leader (dictator) having absolute power and as such he or she makes all the rules, policies and decisions without consulting or taking suggestions from anyone else.
Answer:
25 years
Explanation:
4% of 100 is $4, $4 times 25 is $100
Answer:
$3,003
Explanation:
Interest expense = Effective interest for first interest period × Period of time covered by adjusting entry.
Therefore:
Interest expense = $9,009 × 2/6 = $3,003
The adjusting entry will record interest for the two-month period conservatively which includes January and February, Year 1 in which It will include a debit to Interest Expense in the amount of $3,003.
Hence,
Dr Interest Expenses $3,003
The amount of interest expense that should be accrued by Maverick in an adjusting entry dated February 28, Year 1 is
$3,003
