Answer:
$149,600
Explanation:
Variable cost per unit = 36+57+3+5 =
Variable cost per unit = $101
Contribution margin per unit = 145 - 101
Contribution margin per unit = $44 per unit
Total contribution margin = 3,400 * $44
Total contribution margin = $149,600
Answer:
Check the explanation
Explanation:
Solution: Journal entry for the purpose would be:
Cash A/c. Dr. 4920
Interest Revenue 20
Interest Receivable 100
Note Receivable. 4800
(Being due amount on note along with the interest collected)
Note:
Total interest on Note= 4800 x 10% x90/ 360 days
= $120
Interest accrued in previous year=$ 120 x 2.5/3 =$ 100
(i.e. represent in entry by way of interest receivable)
Interest income for current period =$(120-100)=$20
Assumed: Financial year ended on December 31st.
Answer:
$8,013
Explanation:
The computation of the amount of the depreciation expense is shown below:
The net income is
= An addition to retained earnings + cash dividend paid
= $4,221 + $469
= $4,690
Now the earning before tax
= (Net income) ÷ (1 - tax rate)
= ($4,690) ÷(1 - 0.21)
= $5,937
Now the earning before tax and interest is
= $5,937 + $1,300
= $7,237
So, the depreciation expense is
= $30,600 - $15,350 - $7,237
= $8,013
Answer: <u>The correct answer is D).</u>
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Explanation: A blue ocean strategy is used to gain a broad and durable competitive advantage by abandoning existing markets and inventing a new market segment in which competitors are minimal and allow the company to meet a new demand.
Answer:
D. Administrative costs are always relevant.
Explanation:
As Shelby is considering whether to drop a product line from her business. Some administrative costs are always being allocated to the product line but will not change in total if Shelby decides to drop the product line. Administrative costs are always relevant. Administrative costs can be defined as the costs and expenses which are not directly related to any specific department like sales, manufacturing or marketing etc. These are the costs which are related to the company as a whole like, salaries of employees, expenses linked withe the general services like IT and accounting etc. These costs have no linkage with the gross margin. On the other hand, we can define a relevant cost that gives us a differences between two options and alternatives and it can be avoided by choosing one option over another. Therefore, Shelly should take this fact into account because administrative costs are very much relevant and important as well in order to make this particular decision about the product line.
