Answer: cost of plastic = $168,000
excess cost = $3000
Explanation: This can be done as follows :-
cost of plastic = (standard quantity per * (standard price * ( no. of helmet)
should been helmet) per kg of plastic)
incurred
= (0.6) * (8) * (35,000)
= $168,000
so the extra cost incurred is $3000 that is $171,000 - $168,000 .
Answer:
The correct answer is letter "B": power.
Explanation:
The need for power leads to people showing a need to have everything under control. Even the tiniest detail is meticulously reviewed. If somebody else shows signs of leadership, the individual with power needs tries to subordinate the other immediately, imposing his or her ideas as the best.
Answer:
6949 units
Explanation:
Given:
Estimated depreciation of the new project = $26,000
Fixed cost = $79,000
Total sales = $187,000
Estimated variable costs per unit = $11.80
let the break-even production be 'n'
Now,
the break-even point is achieved when there is no profit no loss
thus,
Profit = 0
Also,
Profit = Total sales - Fixed cost - (Total variable cost) - Estimated depreciation
or
0 = $187,000 - $79,000 - ( $11.80 × n) - $26,000
or
11.80 × n = 82000
or
n = 6949.15 ≈ 6949 units
Answer:
A
Explanation:
In the Demand and Supply curve changes in prices will traduce in movements along the demand or along the supply curve but they will not change their position on the graph, for instance this will affect the quantity demanded or the quantity supplied. In this case, because the demand curve has a negative slope, if price decreases the quantity demanded increases. Intuitively, if consumers perceive a good or a service that is cheaper than before, more people will be interested on buying it.
When it is said that demand or supply increase or decrease is because one of those or both shifts to left or to right. But this happens only when factors different from prices have changed. The problem does not specify what changes the supply, but it says that "increases" then, we understand that there is a shift to the right of the supply curve. If the demand curve remains constant, then the equilibrium price will decrease, and the equilibrium quantity will increase. So, the statement is partially true at the beginning, but the second part is false.
Answer:
3.020
Explanation:
Morrit Corporation
interest amount = $1,080,000*.11 = $118,800
Net profit = 3% *$6,000,000= $180,000
Net profit + tax = profit before tax =
180000/.75 = 240000
Profit before tax + Interest = Earning before interest and tax
= $240,000+$118,800 = $358,800
TIE ratio= EBIT/Interest = $358,800/118,800
= 3.020
Therefore the TIE ratio is 3.020
