Answer:
interperiod
Explanation:
An interperiod tax allocation can be regarded as the temporary difference that exist between effects that a particular tax policy has on the financial reporting of particular business as well as its normal financial reporting set up
by an accounting framework, this accounting framework could be GAAP , IFRS or other body. Instance of this is that Internal Revenue Service could set up a particular depreciation period that should be used for a fixed asset, at the same time internal accounting policies of a business could come up that different number of periods should be used, At this periods of temporary difference is said to be an interperiod tax allocation.
A deferred tax asset can be regarded as item on the balance sheet which is there a results of overpayment or advance payment of taxes. A deferred tax asset could be also be one as a result of differences in tax rules as well as accounting rules
It should be noted that Recognizing deferred tax assets and liabilities is referred to as interperiod tax allocation.
The following information was extracted from the 2014 financial statements of Max Company: Income from continuing operations before income tax $470,000 Selling and administrative expenses 320,000 Income from continuing operations 329,000 Gross profit 900,000 Income before extraordinary item 290,000 The amount reported for other expenses and losses is:_________ a. $141,000 b. $39,000. c. $110,000. d. $150,000.
Answer:
c. $110,000
Explanation:
The computation of the amount reported for other expenses and losses is shown below;
= Gross profit - Selling and administrative expenses - Income from continuing operations before income tax
= $900,000 - $320,000 - $470,000
= $110,000
Hence, the option c is correct
Match these terms with their definitions.
a. The rate that reflects the provisions of the debt instrument, the credit standing of the borrowing business, and the current conditions in the credit markets and the economy as a whole.
b. The rate found in the debt contract that determines the amount of the interest payment.
c. Occurs when a bondâs issue price exceeds its face value.
d. The amount that must be repaid at maturity.
e. A type of liability which requires the issuing entity to pay the face value to the holder on the maturity date and to pay interest periodically at a specified rate.
f. Occurs when a bond is issued for an amount that is less than the principal.
g. Term referring to the date that a bondâs principal has to be repaid.
1. Bond.
2. Contract, coupon, stated rate.
3. Discount.
4. Face value, par value, principal.
5. Market rate, yield.
6. Maturity.
7. Premium.
Answer and Explanation:
The matching is as follows
a. 5. Market rate, yield. as it represent the debt instrument provisions, credit standing, and the present conditions
b. 2. Contract, coupon, stated rate, this represent that rate that could be find in the contract of the debt that measures the interest payment amount
c. 7. Premium. this is the case when the issue price of the bond is more than the face value
d. 4. Face value, par value, principal. It is the amount that should be repay at the maturity
e. 1. Bond. It is the liability that needs the entity to pay off the face value on the maturity date
f. 3. Discount. It arise when the issue price of the bond is lower than the principal
g. 6. Maturity. it refers to the date when the principal of the bond is repaid
Demand is the decision a consumer makes about what product to purchase.
-True
-False
Sheffield Corp. estimates its sales at 240000 units in the first quarter and that sales will increase by 24000 units each quarter over the year. They have, and desire, a 25% ending inventory of current quarter's sales in units. Each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Production in units for the third quarter should be budgeted at
Answer:
Sheffield Corp.
The Production in units for the third quarter should be budgeted at:
= 294,000 units.
Explanation:
a) Data and Calculations:
Quarter 1 Quarter 2 Quarter 3 Quarter 4
Sales units 240,000 264,000 288,000 312,000
Ending inventory 60,000 66,000 72,000 78,000
Units available for sale 300,000 330,000 360,000 390,000
Less Beginning inventory 0 60,000 66,000 72,000
Production units 300,000 270,000 294,000 318,000
If an asset costs $132000 and is expected to have a $22000 salvage value at the end of its 10-year life, and generates annual net cash inflows of $22000 each year, the cash payback period is:_______.
a. 5 years.
b. 6 years.
c. 7 years.
d. 4 years.
Answer:
b. 6 years.
Explanation:
The cash payback period is the length of time it takes for the future cash flows to equal the amount invested in a project.
where, Amount Invested = Sum of Cash flows
therefore,
$132000 = $22000 + $22000 + $22000+ $22000 + $22000 + $22000
thus,
It takes 6 years for cashflows to equal $132000.
The president of the United States receives an annual salary of $400,000, while some top baseball players such as Clayton Kershaw and Mike Trout earn more than $34 million annually. Based on marginal productivity theory, what does this say about their contributions to society
Answer:
Based on marginal productivity theory, this says that their contributions to society are not equal because society is willing to pay more for Clayton Kershaw and Mike Trout as baseball players than it is willing to pay for the president of the United States.
Explanation:
a) Data and Calculations:
Annual salary of the U.S. president = $400,000
Annual salary of baseball players = $34 million
For each dollar paid to the U.S. president, society is willing to pay a baseball player $85 ($34 million/$400,000)
b) The marginal productivity theory, which considers the contribution made by each factor of production, is based on the following assumptions that:
1) all units of the production factor, for example, labor, are homogeneous.
2) the baseball player can be substituted for the U.S. president.
3) there is perfect mobility of factors, from being a baseball player to being a U.S. president, and vice versa.
Ruiz Co. provides the following sales forecast for the next four months. Sales (units) April 560 May 640 June 590 July 680 The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 112 units. Prepare a production budget for the months of April, May, and June.
The company wants to end each month with ending finished goods inventory equal to 20% of next month's forecasted sales. Finished goods inventory on April 1 is 112 units. Prepare a production budget for the months of April, May, and June. May June RUIZ CO. Production Budget For April, May, and June April Next month's budgeted sales (units) Ratio of inventory to future sales Budgeted ending Inventory (units) Budgeted unit sales for month Required units of available production Budgeted beginning inventory (units) Units to be produced.
Answer:
Details April May June
Unit to be produced 576 630 608
Explanation:
The production budget For April, May, and June can be prepared as follows:
Ruiz Co.
Production Budget
For April, May, and June
Details April May June
Next month's budgeted sales (A) 640 590 680
Ratio of inventory to future sales (B) 20% 20% 20%
Budgeted ending inventory (C = A * B) 128 118 136
Budgeted unit sales for month (D) 560 640 590
Req'd units of avail. production (E = C + D) 688 758 726
Budgeted beginning inventory (F) 112 128 118
Unit to be produced (G = E - F) 576 630 608
The Molding Department of Sunland Company has the following production data: beginning work in process 25200 units (70% complete), started into production 474000 units, completed and transferred out 449700 units, and ending work in process 49500 units (30% complete). Assuming all materials are entered at the beginning of the process, equivalent units of production for materials are:____.
a. 459150.
b. 499200.
c. 464550.
d. 449700.
Answer:
b. 499200
Explanation:
Calculation to determine what the equivalent units of production for materials are:
Using this formula
Equivalent units of production for materials=Completed and transferred out units+ Ending work in process units
Let plug in the formula
Equivalent units of production for materials=449700units+ 49500units
Equivalent units of production for materials=499200
Therefore Assuming all materials are entered at the beginning of the process, equivalent units of production for materials are:499200
A bank has an 8 percent reserve requirement, $10,000 in deposits, and has loaned out all it can, given the reserve requirement. a. It has $1,250 in reserves and $8,750 in loans. b. It has $8,000 in reserves and $2,000 in loans. c. It has $800 in reserves and $9,200 in loans. d. It has $80 in reserves and $9,920 in loans.
Answer:
c. It has $800 in reserves and $9,200 in loans.
Explanation:
Calculation to determine the given reserve requirement
Reserves=8%*$10,000
Reserves=$800
Loans=$10,000-$800
Loans=$9,200
Therefore given the reserve requirement It has $800 in reserves and $9,200 in loans.
A company purchased a new delivery van at a cost of $51,000 on July 1. The delivery van is estimated to have a useful life of 6 years and a salvage value of $3,900. The company uses the straight-line method of depreciation. How much depreciation expense will be recorded for the van during the first year ended December 31
Answer:
Annual depreciation (partial)= $3,925
Explanation:
First, we need to calculate the annual depreciation:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (51,000 - 3,900) / 6
Annual depreciation= $7,850
Now, the depreciation for 6 months:
Annual depreciation (partial)= (7,850/12)*6
Annual depreciation (partial)= $3,925
Account as a product of antiquity?
Can someone please clearly explain this for me ?
Quick answer..
Kind of need it fast
Answer:
Egypt used pictures, words, and numbers to keep tabs on agricultural production so that it could feed its ever-increasing population. The accounting system was also used to keep track of ceremonies and religious events, monument and public works projects, as well as labor control.
Olinick Corporation is considering a project that would require an investment of $343,000 and would last for 8 years. The incremental cash inflows of the project per year at $107,000. The scrap value of the project's assets at the end of the project would be $23,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to:
Answer:
3.2 years
Explanation:
Calculation to determine what The payback period of the project is closest to:
Using this formula
Payback period = Investment required ÷ Annual net cash inflow
Let plug in the formula
Payback period= $343,000 ÷ $107,000 per year Payback period= 3.2 years
Therefore The payback period of the project is closest to:3.2 years
Cross Corp. had outstanding 2,000 shares of 11% preferred stock, $50 par. On August 8, 1992, Cross redeemed and retired 25% of these shares for $22,500. On that date, Cross' additional paid-in capital from preferred stock totaled $30,000. To record this transaction, Cross should debit (credit) its capital accounts as follows:
Preferred stock Additional paid-in capital Retained earnings
A. $25,000 $7,500 ($10,000)
B. $25,000
C. ($2,500) $25,000
D. ($2,500)
Answer:
C. ($2,500) $25,000
Explanation:
The computation is shown below:
The Preferred stock should be debited with $25,000 and the net effect on additional paid in capital is $2,500 credit i.e. ($25,000 - $2,500)
So,
Preferred stock $25,000
And, Additional paid in capital ($2,500)
Therefore the option c is correct
And, the same is relevant
In a closed economy, saving and investment must be equal, but this is not the case in an open economy. In the following problem, you will explore how saving and investment are connected to the international flow of capital and goods in an economy. Before delving into the relationship between these various components of an economy, you will be asked to recall some relationships between aggregate variables that will be useful in your analysis.
Recall the components that make up GDP. National income (Y) equals total expenditure on the economy's output of goods and services. Thus, where C = consumption, I = gross investment, G = government spending, and NX = net exports, Y is defined as follows:
Y =_____
National saving (S) is the income of the nation that is left after paying for government spending and consumption. Therefore, S is defined as follows:
S =_____
Re-arranging the previous equation and solving for Y yields Y =____. Plugging this into the original equation showing the various components of income results in the following relationship:
S =_____
This is equivalent to S =____, since net exports must equal net capital outflow (NCO, also known as net foreign investment).
Now suppose that a country is experiencing balanced trade. Determine the relationships between the entries in the following table and enter these relationships using the following symbols: > (greater than), < (less than), or = (equal to).
Outcomes of Balanced Trade
Net Exports 0
Exports Imports
Y C + I + G
Saving Gross Investment
Net Capital Outflow 0
Answer:
Y = C + I + G + NX
S = Y - G - C
Y = S + G + C
S = I + NX
S = I + NCO
Outcomes of Balanced Trade
Net Exports = 0
Exports = Imports
Y = C + I + G
Saving = Gross Investment
Net Capital Outflow = 0
Explanation:
Recall the components that make up GDP. National income (Y) equals total expenditure on the economy's output of goods and services. Thus, where C = consumption, I = gross investment, G = government spending, and NX = net exports, Y is defined as follows:
Y = C + I + G + NX
National saving (S) is the income of the nation that is left after paying for government spending and consumption. Therefore, S is defined as follows:
S = Y - G - C
Re-arranging the previous equation and solving for Y yields
S + G + C = Y
Y = S + G + C
Plugging this into the original equation showing the various components of income results in the following relationship:
S + G + C = C + I + G + NX
S = C + I + G + NX - G - C
S = C - C + I + G - G + NX
S = I + NX
This is equivalent to S = I + NCO, since net exports must equal net capital outflow (NCO, also known as net foreign investment).
Now suppose that a country is experiencing balanced trade. Determine the relationships between the entries in the following table and enter these relationships using the following symbols: > (greater than), < (less than), or = (equal to).
Outcomes of Balanced Trade
Net Exports = 0
Exports = Imports
Y = C + I + G
Saving = Gross Investment
Net Capital Outflow = 0
National incomeY = C + I + G + NX or Y = S + G + C National savingsS = Y - G - C
What is GDP?
Finished goods and services produced by a country during a year.GDP measures the economic health of a nation.
GDP(Y) = private consumption(C) + private investment(I)+ government investment(I) + government spending(G) + (exports – imports)(NX)
1. National Income(Y)=C + I + G + NX------------(1)
2. National Savings(S) is the income left after government spending and consumption
S= Y - G - C
3. Re-arranging the above equations to solve for Y yields
Y = S + G + C---------------------(2)
4. Plugging this into the original equation showing the various components of income results in the following relationship by (1) and (2)
S + G + C = C + I + G + NX
S = C + I + G + NX - G - C
S = C - C + I + G - G + NX
S = I + NX
S = I + NCO (NCO, also known as a net foreign investment).
Therefore, the above explanation appropriately describes the national income.
Learn more about GDP here:
https://brainly.com/question/14393411
9. When Margot applies for a loan, she needs to demonstrate to the bank that she has capital. What could she show them to best demonstrate her capital?
-copies of her will, power of attorney, and living will
-copies of her mortgage, investment reports, and bank statements
-a letter of recommendation from a former employer
-a typed essay detailing what she has been through the past few years
Answer:
copies of her mortgage, investment reports, and bank statements
Explanation:
The only option that properly demonstrates her capital would be copies of her mortgage, investment reports, and bank statements. Her mortgage shows the bank that she is able to pay her debt on time every month. Her bank statements show how much money she is spending on a monthly basis. Lastly, her investment reports show all of her assets and how much they are earning per month, all of this combined makes up her capital which is basically the amount of money she has, both liquid and in assets.
Answer:
B.
copies of her mortgage, investment reports, and bank statements
Explanation:
In the presence of personal tax, explain how cash dividends affect individual shareholders differently than stock repurchases.
Answer:
The summary of the given statement is summarized throughout the below segment.
Explanation:
Cash dividend declared:
The cash payment will be made by stakeholders as either revenue, as well as the company's stock decreases through the equal amount of payment announced each unit.Consequently, the 'Modigliani and Miller' approach does not result throughout almost every gains or loss to particular stockholdersBuyback of Shares:
Throughout this scenario, the Business acquires up later the current owners' personal or existing interests.Therefore that on the day of purchase, stockholders receive the identical payment.giving away 100 for fun
Answer:
Explanation:
meeeeeeeeeeeeeeeeeeeeee
Answer:pog
yeet pogerss boiiiii
Collins Co. began operations in 2012. The company lost money the first two years, but has been profitable ever since. The company's taxable income (EBT) for its first four years are summarized below: Year EBT 2012 -$1,250,000 2013 -$5,200,000 2014 $4,200,000 2015 $8,300,000 The corporate tax rate has remained at 34%. Assume that the company has taken full advantage of the Tax Code's carry-back, carry-forward provisions, and assume that the current provisions were applicable in 2012. What is Collins' tax liability for 2015
Answer:
$2,057,000
Explanation:
Calculating Collins' tax liability for 2015
Taxable income (EBT) 2012, 2013, 2014, 2015
= -$1,250,000 - $5,200,000 + $4,200,000 + $8,300,000
= $6,050,000
Collins' tax liability = $6,050,000 * Tax rate
Collins' tax liability = $6,050,000 * 34%
Collins' tax liability = $2,057,000
So, Collins' tax liability for 2015 is $2,057,000.
Carroll Corporation has two products, Q and P. During June, the company's net operating income was $28,000, and the common fixed expenses were $60,000. The contribution margin ratio for Product Q was 40%, its sales were $145,000, and its segment margin was $52,000. If the contribution margin for Product P was $50,000, the segment margin for Product P was:
Answer:
$36,000
Explanation:
Calculation to determine what the segment margin for Product P was
Using this formula
Net operating profit= (Segment margin Q + Segment margin P) - Common fixed expenses
Let plug in the formula
28,000= (52,000 + segment margin P) -60,000
88,000= 52,000 + segment margin P
36,000= segment margin P
Therefore the segment margin for Product P was:$36,000
After visiting several automobile dealerships, Richard selects the used car he wants. He likes its $14,400 price, but financing through the dealer is no bargain. He has $3,500 cash for a down payment, so he needs an $10,900 loan. In shopping at several banks for an installment loan, he learns that interest on most automobile loans is quoted at add-on rates. That is, during the life of the loan, interest is paid on the full amount borrowed even though a portion of the principal has been paid back. Richard borrows $10,900 for a period of four years at an add-on interest rate of 12 percent. What is the total interest on Richard's loan? What is the total cost of the car?
Answer:
Richard
a. The total interest on Richard's loan is:
= $5,232.
b. The total cost of the car is:
= $19,632.
Explanation:
a) Data and Calculations:
Cost of car selected = $14,400
Down payment on car = 3,500
Loan obtained = $10,900
Interest rate = 12% add-on
Period of loan = 4 years
Total interest on the loan = $5,232 ($10,900 * 12% * 4)
Total cost of the car = $19,632 ($14,400 + $5,232)
b) Richard will be paying annual interest of $1,308 for four years, which will total $5,232 since interest is paid on the full amount borrowed for each year, despite the fact that some portion of the principal has been repaid.
When workers move from one job to another it is
described as
A Job Rotation
B Job Enrichment
C Job Enlargement
D Job Simplification
Lance Inc."s free cash flow was just $1.00 million. If the expected long-run growth rate for this company is 5.4%, if the weighted average cost of capital is 11.4%, Lance has $4 million in short-term investments and $3 million in debt, and 1 million shares outstanding, what is the intrinsic stock price?
a. $18.57
b. $18.13
c. $19.01
d. $17.28
e. $17.70
Answer:
a. $18.57
Explanation:
Calculation to determine the intrinsic stock price
First step is to calculate the PV of free cash flows
Using this formula
PV of free cash flows = FCF x (1+g)/ (WACC -g)
Let plug in the formula
PV of free cash flows= 1,000,000 x (1+0.054)/ (0.114-0.054)
PV of free cash flows= $17,566,666.67
Second step is to calculate the Value of equity
Using this formula
Value of equity = PV of free cash flow + short term investments - value of debt
Let plug in the formula
Value of equity=17,566,666.67 +4,000,000 -3,000,000
Value of equity=18,566,666.67
Now let calculate Intrinsic value per share
Using this formula
Intrinsic value per share = value of equity/ no. of shares
Let plug in the formula
Intrinsic value per share= 18,566,666.67 /1,000,000
Intrinsic value per share= $18.57
Therefore Intrinsic value per share is $18.57
If a process step has a LARGE setup time and a SMALL pure-processing time per unit, what batch size will result in the fastest completion of ALL of the units at this step? Assume there is only ONE resource at this step.
Answer:
A large batch
Explanation:
Batch processing is used by large businesses to automate production process in such a way that efficiency is achieved in the shortest time.
This requires processing of a set of products as opposed to individual transactions.
In the given scenario where a process step has a large setup time and a small pure-processing time per unit, it means that the time to set up the production process is much while the individual processing time per product is small.
A large batch will be best in this situation because once it is set up more product will be processed at once.
However if smaller batch was used the setup time will reoccur often and slow down the process.
Assume Jamestown Markets has 500 shares of stock and 100 bonds outstanding. The bonds have a face value of $1,000, are convertible into 5 shares of newly issued common stock, and mature today. What is the value of this firm to its shareholders if the total value of the firm is $184,500? What if the value is $225,000?
A. $0; $125,000
B. $84,500; $112,500
C. $92,250: $125,000
D. $84,500; $125,000
Answer:
C. $92,250: $125,000
note my last comment below
Explanation:
Currently, the company has 500 shares and 100 bonds,with each bond convertible into 5 shares each, hence, we need to determine the value of debt based on the number of shares it is convertible to as shown thus:
shares equivalent of 100 bonds=100*5 shares=500 shares
total number of shares=500+500=1,000 shares
If the value of the company is $184,500, debt would account for half of the value since 500 shares(half of the total shares) is the value of debt
value of debt=$184,500*500/1000=$92,250
value of total firm=value of equity-value of debt
$184,500=value of equity+$92,250
value of equity=$184,500-$92,250
value of equity=$92,250
In the same vein, if the value of the firm is $225,000, the value of debt is determined thus:
value of debt=$225,000*500/1000
value of debt=$112,500
$225,000=value of equity+$112,500
value of equity=$225,000-$112,500
value of equity=$112,500
It seems that there was an error in option C since the second figure should have been $112,500(not $125,000)
The process for converting present values into future values is called________________.
Answer:
Compounding.
Explanation:
Compounding is typically an accounting process used for the conversion of present values of an asset, investment or money into future values.
Generally, a compound interest is calculated based on the interest rate on a loan, principal and the accumulated interest gained from previous periods. This interests is compounded for a certain number of times such as daily, weekly, quarterly or annually.
Mathematically, to find the future value from the present value of an asset or investment, we would use the compound interest formula;
[tex] A = P(1 + \frac{r}{n})^{nt}[/tex]
Where;
A is the future value. P is the principal or starting amount. r is annual interest rate. n is the number of times the interest is compounded in a year. t is the number of years for the compound interest.Instead of issuing securities, Artificial Intelligence Inc. pursues other sources of funds. To obtain venture capital financing, the firm will most likely:_______.a. pool funds to invest in a business venture. b. give up a share of its ownership. c. borrow funds to be returned on a designated maturity date. d. pay periodic dividends.
Answer:
The answer is B.
Explanation:
The correct option is B. - give up a share of its ownership. Venture capitalist invest in a start up ventures or small businesses that they believe have high future prospects.
Because venture capitalists are exprienced business wise and have enough money, they tend to make or provide managerial decisions. The business will be in form of partnership, hence, Artificial Intelligence Inc. giving up part of its ownership.
It is not a must venture business pay a periodic dividend but business capitalist share in the profit or loss of the business.
You have been asked to analyze a capital investment project for a new machine. The machine will cost $400,000, have an 8-year life and a salvage of $80,000. The new machine will generate annual net cash flows of $120,000. The accounting rate of return for the first year of using the new machine is:
Answer:
14%
Explanation:
Net cash flow = $120,000
Annual Depreciation = [(Cost + Salvage value) / Useful life]
Annual Depreciation = [($400000 + 80000) / 8 years]
Annual Depreciation = $64,000
Net Income = Net cash flows - Annual Depreciation
Net Income = $56,000
Investment amount = $400,000
Accounting rate of return = Net Income / Investment amount
Accounting rate of return = $56,000 / $400,000
Accounting rate of return = 14%
In June, an investor purchased 200 shares of Oracle (an information technology company) stock at $37 per share. In August, she purchased an additional 270 shares at $36 per share. In November, she purchased an additional 490 shares at $41 per share. What is the weighted mean price per share
Answer:
the weighted mean price per share is $38.76
Explanation:
The computation of the weighted mean price per share is given below:
= (200 shares × $37 per share + 270 shares × $36 per share + 490 shares × $41 per share) ÷ (200 shares + 270 shares + 490 shares)
= ($7,400 + $9,720 + $20,090) ÷ (960 shares)
= $37,210 ÷ 960 shares
= $38.76
Hence, the weighted mean price per share is $38.76
Answer:
Average price of share = $38.76 (Approx.)
Explanation:
Given:
Shares investor purchase = 200 shares
Share price = $37
Additional share = 270 at $36
Additional share = 490 at $41
Find:
Weighted mean price per share
Computation:
Average price of share = Total price / Total number of shares
Average price of share = [(200)(37) + (270)(36) + (490)(41)] / [200 + 270 + 490]
Average price of share = [(7,400) + (9,720) + (20,090)] / [960]
Average price of share = $38.76 (Approx.)
A local ice-cream parlor has 100 customers in the "rush" hour between 5PM and 6PM (assume that the customers arrive according to a uniform distribution, i.e., evenly spread out during the hour). If there are two employees who scoop the ice-cream for the customers, and one more who deals with the payments, then what is the Taktzeit for the ice-cream scoopers?
a- 72 seconds
b- 100 seconds
c- 36 seconds
d- 50 seconds
Answer: 36 seconds.
Explanation:
Based on the information given in the question, the Taktzeit for the ice-cream scoopers will be calculated thus:
First and foremost, Taktzeit refers to the time taken between the beginning of production for one unit and the beginning of the next unit.
From the information given, the available Time is 1 hour which can be converted to secunds and this will be:
1 hour = 3600 seconds
Hourly Demand = 100
Then, the takzeit will be:
= 3600/100
= 36 seconds
Farrar Corporation has two major business segments-Consumer and Commercial. Data for the segment and for the company for March appear below: In addition, common fixed expenses totaled $210,000 and were allocated as follows: $122,000 to the Consumer business segment and $88,000 to the Commercial business segment. Select one: a. test b. test c. test d. test
Answer:
The answer is "[tex]\$ 137,000[/tex]"
Explanation:
Please find the complete question in the attached file.
Commercial sector contribution margin
[tex]=\$137,000[/tex]
Margin per unit of contribution = sales price – Unit cost variables
Margin of Contributions = Revenue Sales - Fixed expenses
Aerospace industry variable costs
[tex]=\$280,000- \$143,000 =\$ 137,000[/tex]