Answer:
Break Even Sales Volume in Dollars= $ 19500
Explanation:
Break Even Sales Volume in Dollars= Fixed Costs/ Contribution Margin Ratio
Break Even Sales Volume in Dollars= Fixed Costs/ 1- (variable Costs/ Sales)
Break Even Sales Volume in Units = Fixed Costs/ Contribution Margin per Unit
Break Even Sales Volume in Dollars= Fixed Costs/ 1- (variable Costs/ Sales)
Break Even Sales Volume in Dollars= $6,240/1-(130/190)
Break Even Sales Volume in Dollars= $6,240/1-0.68
Break Even Sales Volume in Dollars= $6,240/0.32
Break Even Sales Volume in Dollars= $ 19500
Answer:
They should purchase the machine.
Explanation:
Giving the following information:
The company is considering the purchase of a new embroidery machine that costs $75,000. The increased efficiency of the new machine would allow the company to increase revenue by 50%, from $250,000 to $375,000 annually. Direct labor costs would increase by $15,000, and fixed costs (not including depreciation on the machine) would increase by $12,500.
Effect on income= 125,000 - 75,000 - 15,000 - 12,500= $22,500
They should purchase the machine.
Answer:
3,825.2 labor hours
Explanation:
Learning rate (Unit 1 and unit 2):
= Labor hour required for 2nd unit ÷ Labor hour required for 1st unit
= 1,200 ÷ 2,000
= 0.60
Learning rate (Unit 2 and unit 3):
= Labor hour required for 3rd unit ÷ Labor hour required for 2nd unit
= 1,130 ÷ 1,200
= 0.94
Average of learning rates = (0.60 + 0.94 ) ÷ 2
= 0.77
As per learning curve calculator the value of 77% for 6 units = 4.0776
Cumulative time = Factor × Time of first unit
= 4.0776 × 2,000
= 8,155.2
Hence,
Time for next three units:
= Cumulative time - Sum of the time of first, second and third unit
= 8,155.2 - (2,000 + 1,200 + 1,130)
= 3,825.2 labor hours should Simpson plan for.
Given:
Total cash = $160,000
Notes payable = $86,000
Common stock = $52,800
Find:
Retained earnings as on December 31, 2018
Computation for retained earning:
According to Accounting Equation:
Assets = Liabilities + Stock holder equity
Total Cash = Notes payable + Common stock + Retained earning
$160,000 = $86,000 + $52,800 + Retained earning
$160,000 = $138,800 + Retained earning
Retained earning = $160,000 - $138,800
Retained earning = $21,200
Answer:
Open
Explanation:
Open shop arrangement is the term which is defined or described as the office, factory or other kind of business establishment in which the union, which is selected or elected through a majority of the employees, that later act as the representative of all the employees while making the agreements with the employer.
So, in this case, the Hector is against the or opposed ton unions. Therefore, the comments of the Hector states that he is in favor of an open shop arrangement.
