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Ivenika [448]
2 years ago
14

Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations

Business
1 answer:
DochEvi [55]2 years ago
5 0

Answer:

c) $ 24,200

Explanation:

Computation of Total Period costs

Fixed selling and Administrative expenses                       $  8,800

Variable Selling and Administrative costs

$ 7 per unit * 2,200 units sold                                            <u>$ 15,400</u>

Total period costs                                                                $ 24,200    

The fixed manufacturing overhead is part of manufacturing costs so not considered.

The variable selling and administrative costs are based on units sold and not units produced.

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A city has built a bridge over a river and it decides to charge a toll to everyone who crosses. For one year, the city charges a
lara [203]

Answer: in the inelastic portion of the demand curve

Explanation:

Remaining part of the question is:

.. in the inelastic portion of the demand curve, the elastic portion of the demand curve, or the unit elastic portion?

Elasticity measures how much quantity demand changes in response to a change in price.

An inelastic demand means that when prices change, demand does not change as much. You can therefore increase prices with a good that has inelastic demand and still expect close to the same demand.

If the city wants to raise as much revenue as possible from the tolls, they should increase prices on the inelastic portion. Because it is inelastic, the demand will remain close to the same which would increase revenue as the same number of people are paying higher.

8 0
2 years ago
A recent income statement of McClennon Corporation reported the following data:
arsen [322]

Answer:

The correct answer is option b.

Explanation:

The number of units of output sold is 8,000 .

The sales revenue is $9,600,000 .

The variable costs are $6,000,000 .

The fixed costs are $2,600,000.

The price of the product

= \frac{Sales\ Revenue}{Q}

= \frac{9,600,000}{8,000}

= $1,200

The average variable cost is

= \frac{TVC}{Q}

= \frac{6,000,000}{8,000}

= $750

Profit =  TR - TC

Profit = Price\ \times\ Q - (AVC\ \times\ Q )\ +\ TFC)

$1,270,000 = $1,200Q - $750Q - $2,600,000

$3,870,000 = $450Q

Q = \frac{3,870,000}{450}

Q = 8,600 units

7 0
1 year ago
On January 1, Year 1, Bacco Company had a balance of $72,350 in its Delivery Equipment account. During Year 1, Bacco purchased d
Maksim231197 [3]

Answer:

A.

Jan 1 balance 72,350

Add year 1 purchases $22,100

Total $94,450

Deduct the closing balance $69,400

Difference = sold equipment at Net Book Value = $25,050

Add accumulated depreciation to date = $22,000

Cost of equipment sold = $47,050.

B.

Cash flow from investing activities.

Cash received from sale of equipment (the Net book value + Gain in sales) = $30,050

Cash invested in purchase of new equipment -$22,100

Net cash flow from investing activities $7,950

5 0
2 years ago
Lisa surveyed a sample group of people. Based on her survey, Lisa suggested to her company that they develop a customizable trav
saw5 [17]
<h2>Answer:</h2><h3>To me i think that the answer is e) ad analysis </h3><h2>Explanation:</h2><h3>she was going around and survey a sample group of people. Then she suggested to her company about they develop a customizable travel application.</h3>
8 0
2 years ago
Carter Industries has two divisions: the West Division and the East Division. Information relating to the divisions for the year
Rashid [163]

Answer:

B. $132,000.

Solution : Segment margin is calculated by deducting all expenses that are directly traceable to the segment. it doesn't include corporate common expenses.

So, Contribution = 50000 x(10-6) = $ 200000

Less : Direct fixed cost                ($ 68000)

                Segment Margin          $ 132000

5 0
1 year ago
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