The best answer for this statement would be:
Autocratic
This means that the leader is in complete and absolute
power, to the point that there is no need for consultation of the company. In
other words, this ruler could be a dictator.
Answer:
![\left[\begin{array}{cccc}$unit sale&100000&90000&80000\\$sales revenue&3500000&3150000&2800000\\$COGS&&&\\$Material&900000&810000&720000\\$Labor&1000000&900000&800000\\$VMO&250000&225000&200000\\$FMO&80000&80000&80000\\$total&2230000&2015000&1800000\\$gross profit&1270000&1135000&1000000\\$V S and A&100000&90000&80000\\$F S and A&950000&950000&950000\\$operating income&220000&95000&-30000\\$tax expense&66000&28500&\\$net income&154000&66500&-30000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%24unit%20sale%26100000%2690000%2680000%5C%5C%24sales%20revenue%263500000%263150000%262800000%5C%5C%24COGS%26%26%26%5C%5C%24Material%26900000%26810000%26720000%5C%5C%24Labor%261000000%26900000%26800000%5C%5C%24VMO%26250000%26225000%26200000%5C%5C%24FMO%2680000%2680000%2680000%5C%5C%24total%262230000%262015000%261800000%5C%5C%24gross%20profit%261270000%261135000%261000000%5C%5C%24V%20S%20and%20A%26100000%2690000%2680000%5C%5C%24F%20S%20and%20A%26950000%26950000%26950000%5C%5C%24operating%20income%26220000%2695000%26-30000%5C%5C%24tax%20expense%2666000%2628500%26%5C%5C%24net%20income%26154000%2666500%26-30000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
<em></em>
<em>We will cross-multiply the variables concept like sales revenues materials, labor and other</em>
I.G
<em>sales revenues for 90,000:</em>
3,500,000 / 100,000 x 90,000 = 3,150,000
<em>for 80,000:</em>
3,500,000 / 100,000 x 80,000 = 2,800,000
<em></em>
The fixed will remain at the same value between the relevant range so we do not change them.
For the tax expense we will have to check which is the rate
for 220,000 operating income the tax expense is 66,000
we can solve for rate: 66,000/220,000 = 0.3 = <em>30%</em>
Now we will determinate the tax expense with that rate.
<em>NOTE</em> attached missing information
Answer:
Allocated MOH= $320
Explanation:
Giving the following information:
Overhead Direct Labor Product
Hours (dlh) A B
Painting Dept. $248,000 10,000 dlh 16 dlh 4 dlh
Finishing Dept. 72,000 10,000 4 16
Totals $320,000 20,000 dlh 20 dlh 20 dlh
<u>First, we need to calculate the plantwide overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 320,000 / 20,000
Predetermined manufacturing overhead rate= $16 per direct labor hour
<u>Now, we can allocate overhead:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 16*20
Allocated MOH= $320
Answer:
The amount of the note payable which should L include in the current liabilities section of its December 31, 2018, balance sheet is $1,810,000
Explanation:
The computation of notes payable amount is shown below:
Notes payable = Outstanding amount of notes payable - prepaid amount of the note
where,
Outstanding amount of notes payable is $2,400,000
And, the prepaid amount of the note is $590,000
Now, put these values to the above formula
So, the value would be equal to
= $2,400,000 - $590,000
= $1,810,000
The $3,900,000 amount is not considered in the computation part. Thus, it is ignored
Hence, the amount of the note payable which should L include in the current liabilities section of its December 31, 2018, balance sheet is $1,810,000
The net profit of $2.20 million is earned by her if she has gross sales of $10.70 million and expenses of $8.50 million.
<h3>What is sales revenue?</h3>
Sales revenue is the amount earned by the company after disposing of its manufactured goods either on cash or on credit.
Given values:
Sales revenue: $10.70 million
Expenses: $8.50 million
Computation of net profit:
Therefore, if she has gross sales of $10.70 million and expenses of $8.50 million then the net gains received by her are $2.20 million.
Learn more about net profit in the related link:
brainly.com/question/15133013
#SPJ4
