Answer:
1a.
Magic Realm, Inc.,
Contribution format income statement
Per Unit Amount
Sales 62 2,207,200
Variable expenses 42 (1,495,200)
Contribution margin 20 712,000
Fixed expenses (623,000)
Net operating profit 89,000
1b.
Degree of operating leverage: 4
2. The expected percentage increase in net operating income for next year: 184%
Explanation:
1a. Please refer to the answer part
1b. Degree of operating leverage = Contribution margin / net operating profit = 712,000/89,000 = 8.
2.
Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%
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Microchip technology is one of the main factors that made low-cost personal computers and other devices increasingly accessible to the general people in the 1990s.
The history of the technology industry is one of rapid expansion and decline. Its initial era of rapid expansion covered the years 1990 to 2000, which are commonly referred to as the "dot-com boom" or the "tech bubble."
Over the time, employment in the technology sector sectors soared by 36% nationwide. Over a ten-year period, the average weekly pay for those working in the technology industry quadrupled and increased by 102%. At its height in 2000, slightly over 4% of all private employment was in the technology sector.
Early in 2001, as the tech bubble burst, employment in the industry fell off quickly. For the next four years, there were large net job losses.
Learn more about personal computers in the 1990s here:
brainly.com/question/16026203
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Where is the video? I can't see it.
Answer:
See below
Explanation:
Given that estimated overhead costs for the year = $25,750
Bagstotes:
Direct materials cost per unit = $33
Direct labor cost per unit = $52
Number of units = 520
Satchels
Direct materials cost per unit = $44
Direct labor cost per unit = $60
Number of units = 370
Estimated direct labor =
(Direct labor cost per unit × No of units) of totes + (Direct labor cost per unit × No of units) of Satchels
= ($52 × 520) + ($60 × 370)
= $27,040 + $22,200
= $29,240
Predetermine overhead allocation rate:
= Estimated overhead / Estimated direct labor × 100
= $25,750 / $29,240 × 100
= 88.06%
