Answer:
d. $1,080,000
Explanation:
Contribution per unit = Selling price per unit - Variable cost per unit
Contribution per unit = Selling price per unit - ( Direct Materials + Direct Labor + Variable Manufacturing Overhead + Variable Selling )
Contribution per unit = $160 - ($22 + $15+ $12 + $3)
Contribution per unit = $160 - $52
Contribution per unit = $108 per unit
Contribution margin for the next year = $108 per unit * 10,000
Contribution margin for the next year = $1,080,000
Answer:
$68.23
Explanation:
In this question, we apply the dividend growth rate model which is shown below:
The computation of the current share price is shown below:
= (Current year dividend) ÷ (Rate of return on company stock - growth rate)
= ($4.23) ÷ (10.6% - 4.4%)
= ($4.23) ÷ (6.2%)
= $68.23
We simply find out the ratio between the current year dividend per share and difference between the rate of return and the growth rate
Answer:
The Managing director wants him to reduce the production cost through the manipulation of figures. This is an unethical practice in Accounting.
Explanation:
The declaration of higher profit is a function of cost minimization. Since Mathew feels pressured to make unethical accounting decision, it implies that his CEO wants him to manipulate cost figures fraudulently so as to declare a higher profit figure.
The law of diminishing marginal utility states that as a
person increases consumption of a good while keeping consumption of other
products persistently then there is a drop in the marginal utility<span> that person descends from consuming each extra unit of
that product. So the answer is letter C.</span>
If you are alone in heavy expressway traffic at rush hour, use the middle lane to avoid vehicles constantly entering and exiting your path. If the lanes are three wide, using the middle lane allows you to move easily in either direction. If the road only has two lanes, it’s best to be in the left lane to avoid in coming traffic.
