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2 years ago

Any factor that can change

1 answer:

5 0

The things that change in an experiment are called variables. A variable is any factor, trait, or condition that can exist in differing amounts or types. An experiment usually has three kinds of variables: independent, dependent, and controlled.

a factor which can be changed in a experiment. ... all factors which remain the same for each repeated trial for all levels of the independent variable

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Mainline Produce Corporation acquired all the outstanding common stock of Iceberg Lettuce Corporation for $38,000,000 in cash. T

LenaWriter [7]

Answer: The Goodwill is $7,000,000

Explanation:

Purchase price. 38,000,000

Less:

Fair value of asset 48,000,000

Less: Fair value of liabilities 17,000,000

-----------------------

Fair value of net Asset. 31,000,000

---------------------

Goodwill. 7,000,000

-------------------------

Workings

Fair value of Asset = Current Asset + Property, plant and equipment + Other asset

= 14,800,000 + 30,000,000 + 3,200,000

= 48,000,000

Fair value of Liabilities = Current Liability + Long term Liability

= 6,600,000 + 10,400,000

= 17,000,000

8 0

2 years ago

Read 2 more answers

Which of the following circumstances must be present for departmental overhead allocation to be favored over a traditional overh

Dafna1 [17]

Answer:

B. Each product, or job, uses the department to a different extent.

Explanation:

Departmental overhead rates uses a standard charge that is based on produced units attributed to a department.

Costs are applied with high precision.

When this model is used, the standard rate is multiplied by the number of units produced in the department, so there is no over allocation of resources.

For example if we consider the hours a machine operates. With a standard rate of $10 per hour, machine operation of 6 hours will give $10* 6 hours= $60

5 0

1 year ago

Laurasia has identified the following goods as its market basket. Here are the prices of those goods over three years.

Zielflug [23.3K]

Answer:

2015 = $94
2016 = $128.50
2017 = $115

Explanation:

A Market Basket is used to calculate inflation overtime by tracking the change in prices of a specific and permanent number of goods and services.

The formula for calculating the market basket is;

Cost of Market Basket $_{year}$ = ∑(Price of good * Basket Quantity of good)

2015

Cost of Market Basket = (25 * 0.4) + (2 * 18) + ( 4 * 12)

Cost of Market Basket = 10 + 36 + 48

Cost of Market Basket = $94

2016

Cost of Market Basket = (25 * 0.5) + (2 * 22) + ( 4 * 18)

Cost of Market Basket = 12.5 + 44 + 72

Cost of Market Basket = $128.50

2017

Cost of Market Basket = (25 * 0.6) + (2 * 20) + ( 4 * 15)

Cost of Market Basket = 15 + 40 + 60

Cost of Market Basket = $115

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2 years ago

Schister Systems uses the following data in its Cost-Volume-Profit analyses: Total Sales $ 340,000 Variable expenses 170,000 Con

djyliett [7]

Answer:

$204,000

Explanation:

Given that,

Total Sales = $ 340,000

Variable expenses = $170,000

Contribution margin = $170,000

Fixed expenses = $108,000

Net operating income = $ 62,000

Contribution margin ratio:

= Contribution margin ÷ Sales

= $170,000 ÷ $ 340,000

= 0.5 or 50%

If sales volume increases by 30%,

Revised sales:

= Total sales + 20% of Total sales

= $340,000 + (0.2 × $340,000)

= $340,000 + $68,000

= $408,000

Revised contribution margin:

= Revised sales × Contribution margin ratio

= $408,000 × 50%

= $204,000

4 0

2 years ago

In a market served by a monopoly, the marginal cost is $60 and the price is $110. In a perfectly competitive market, the margina

Mice21 [21]

Answer: In a market served by a monopoly, the marginal cost is $60 and the price is $110. In a perfectly competitive market, the marginal cost is $60. If the marginal cost increased from $60 to $75, the monopoly would raise its price <u>by less than $15</u>, and the price in the perfectly competitive market would <u>increase to $75.</u>

Explanation: The monopolist attends to the market demand, therefore the choice of the monopolist is limited by the market demand. If you set a very high price, you will only sell the amount that the demand you want to buy at that price, so it will only increase by less than $ 15.

In a market of perfect competition the companies are accepting price and will produce until the price is equal to the marginal cost so the price would rise to $ 75.

7 0

2 years ago