C seems to be the most logical answer to me.
Answer:
It is departmentalized in a functional way
Explanation:
Functional departmentalization is the type of organizational structure based on common job functions. In Mitchell's case all similar jobs, like legal or marketing, are grouped in one place or on the same floor. This type of organization provides space for further employee's specialization by putting staff in places where their skills can further develop.
Answer:
The answer is: D) $32,835
Explanation:
The easiest way to calculate the present value of an investment is to use an excel spreadsheet and the present value function =NPV(discount rate, series of cash flow). The first nine cash flows equal 12,000 and the tenth cash flow equals 17,000.
After you calculate the present value in excel, you must subtract the investment amount to determine the net present value.
NPV = $82,837 - $50,000 = $32,837 (the answer varies by $2 probably because of rounding percentages)
Answer and Explanation:
The preparation of an income statement under variable costing is shown below:-
Income statement under variable costing
ACES INC
Sales $558,600
(5,700 × $98)
Less:
Cost of goods sold
Variable product cost $147,060
($25.80 × 5,700)
variable selling administrative
expenses ($2.80 × 5,700) $15,950
Less: Total variable cost $163,020
Contribution margin $395,580
Less: Fixed overhead cost $93,840
Less: Fixed and selling
administrative expenses $66,000
Net income $235,740
