American schoolchildren in terms of age, American women in terms of their physical height, and the American population in terms of gender.
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Answer:
$73,000
Explanation:
Data provided in the question:
Selling Price per unit = $55
Variable rate per unit = $15
Budgeted fixed costs = $20,000
Number of chairs sold = 3,100
Now,
Contribution per unit = Selling Price per unit - Variable rate per unit
= $55 - $25
= $30
Therefore,
Total contribution = Contribution per unit × Number of chairs sold
= $30 × 3,100
= $93,000
Hence,
Operating income = Total contribution - Budgeted fixed costs
= $93,000 - $20,000
= $73,000
Answer:
price divisor after split is 4.5
Explanation:
given data
stock prices = $10
stock prices = $20
stock prices = $80
stock prices = $50
stock prices = $40
solution
we find here first price weighted index for all 5 stock that is
price weighted index =
price weighted index = $40
so
price weighted index before split is $40
so after split last stock became half
so new price divisor
we consider denominator to be x
so
40 =
x =
x = 4.5
so price divisor after split is 4.5
Answer:
$165.90
Explanation:
The computation of the standard cost of one unit of product is shown below:
Direct material per unit = 2.10 pounds × $6.36 per pound = $13.36
Direct labor per unit = 5.26 hours × $10 per hour = $52.6
Manufacturing overhead per unit = 5.26 hours × $19 per direct labor hour = $99.94
The total would be $165.90 which reflect the standard cost of one unit of product I-Tal
Answer:
Residual income=$374,088
Explanation:
Calculation for Cabell Products division's residual income
Formula for Residual income is:
Residual income = Net operating income - ( Average operating assets * Minimum required rate of return )
Residual income= $686,400-($2,402,400*13%)
Residual Income=$686,400-$312,312
Residual income=$374,088
Therefore the division's residual income is closest to:$374,088