Answer:
Bradford's estimated variable manufacturing overhead cost is $127,200
Explanation:
The cost function=$83,000+$12M
where M stands for machine hours required to produce the expected output in the month under review.
Each one-six unit case of Bradford's single product requires two machine hours,hence 5,300 cases would require 10,600 hours(5,300*2hrs).
Total estimated variable manufacturing overhead=cost per machine hour*expected number of machine hours
cost per machine hour is $12 as seen in the cost function
estimated variable manufacturing overhead=$12*10,600=$127,200
Answer:
Please find the income statement below;
Explanation:
<u>Single step Income statement</u>
Revenues
Net sales 2,419,200
Interest revenue 39,300
<em>Total revenues 2,458,500</em>
Expenses
Cost of goods sold 1,464,600
Admin. expenses 216,400
Selling expenses 294,800
Interest expense 46,000
<em>Total expenses 2,021,800</em>
<em><u>Net Income </u></em><em> </em><u><em>436,700</em></u>
Complete question:
Bressler’s would like to sell 600shares of stock using the Dutch auction method. The bids received are as follows:
Bidder Quantity Price $
A 100 818
B 300 17
C 400 16
D 700 15
The bids received are as follows: Bidder A will receive _____ shares and pay a price per share of ____.
Solution:
Bidder A's quantity = [600 /(100 + 300 + 400)] ×100
= 75 shares
All successful bidders will pay $16 a share
The bids received are as follows:
Bidder A will receive 75 shares and pay a price per share of $16 .
A Dutch auction is a trading system (such as an initial open bid) whereby the stock price offered is reduced before appropriate offers are available for selling all shares. Each stock is then sold at that price.
Answer:
A. Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $5,000 million per year.
B. If permits cannot be traded, then the cost of the pollution reduction will be $6,000 million per year
Explanation:
A. Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $5,000 million per year.
(250x20) =$5000
B. If permits cannot be traded, then the cost of the pollution reduction will be $6,000 million per year
[250(10)+350(10)]
=$2,500+$3,500
=$6,000
<span>d. need; demand
Thirst is a need rather than a demand or want, since we need regular fluid intake for our survival and optimum functioning. A choice of ice tea is a demand rather than a want or need because a want or need does not involve the ability to afford the ice tea. Demand on the other hand involves the desire and ability to buy a product.
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