Answer:
a. $125 per month
b. $10,300 per month
Explanation:
Data provided in the question
Paid amount as a corporate accountant = $10,000
Renting cost = $300
Purchase of office supplies = $75
Monthly electric bill = $50
The computation is shown below:
a. Explicit cost
Explicit cost = Purchase of office supplies + increase in monthly electric bill
= $75 + $50
= $125 per month
b. Implicit cost
= Paid amount as a corporate accountant + renting cost
= $10,000 + $300
= $10,300 per month
Answer:
Full funding policy.
Explanation:
This would be a violation of Full funding policy.
Full funding strategy is a federal budgeting requirement implemented by Congress in the 1950s on the Department of Defense (DOD) that mandates all acquisition expenses of a weapons or piece of military equipment to be financed in the year the object is procured. Hence in the above example there is violation of Full funding strategy.
Answer:
The answer is option C
Explanation:
Long Market Value - Debit = Equity %
$100,000 $60,000 $40,000 40%
If the market value declines to $60,000, the account will now show:
Long Market Value - Debit = Equity %
$60,000 - $60,000 = $0 ( 0%
)
Minimum margin is 25% of market value, i.e 25% of $60,000 = $15,000.
Therefore the customer will receive a maintenance call for $15,000.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Currently, the unit selling price of a product is $125, the unit variable cost is $105, and the total fixed costs are $460,000. A proposal is being evaluated to increase the unit selling price to $130.
Break-even point= fixed costs/ contribution margin
A) Break-even point= 460,000/(125-105)= 23,000 units
B) Break-even point= 460,000/ (130 - 105)= 18,400 units
Answer:
The amount of annual cash dividends distributed to common shareholders relative to the common stock's market value is the:
Explanation:
The amount of annual cash dividends distributed to common shareholders relative to the common stock's market value is the:
