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myrzilka [38]
2 years ago
11

Red and White Company reported the following monthly data: Units produced 2,100 units Sales price $ 26 per unit Direct materials

$ 2 per unit Direct labor $ 3 per unit Variable overhead $ 4 per unit Fixed overhead $ 7,980 in total What is Red and White's net income under variable costing if 990 units are sold and operating expenses are $11,900? Multiple Choice ($3,050) ($1,820) $1,168 $4,930 $8,850
Business
1 answer:
Sloan [31]2 years ago
4 0

Answer:

Under the variable costing fixed production overheads are treated as periodic costs and not included in closing stock. Amount $ Calculation Direct materials 1.00 Given Direct labor 2.

Explanation:

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Yvette is a customer of Apexon Bank, which is a member of the FDIC. She currently has a checking account that has $17,371 and a
GaryK [48]
Yvette has a checking account with $17,371 and a savings account with $240,000. Her combined money in Apexon Bank is $257,371. 

To know how much of Yvette's money is protected you must note that:
FDIC insures: checking, savings, money market deposits and certificates of deposit. FDIC protects against $250,000 combined. 

Since Yvette has $257,371 the FDIC protects against $250,000 of that amount leaving $7,371 unprotected. 
4 0
2 years ago
A stadium has two sponsorship deals. Deal A has revenue of $100,000 and expenses of $10,000. Deal B has revenue of $50,000 and e
vladimir2022 [97]

Profit can be found by subtracting revenue from expenses.

The profit for Deal A is $100,000 - $10,000 = $90,000

The average profit as a percentage of revenue for the stadium for Deal A is Average profit divided by revenue multiplied by 100. That is 90,000/100,000 x 100 is 90%

The profit for Deal B is $50,000 - $20,000 = $30,000

The average profit as a percentage of revenue for the stadium for Deal B is Average profit divided by revenue multiplied by 100. That is 30,000/50,000 x 100 is 60%

8 0
2 years ago
Read 2 more answers
Netflix is an internet television network that currently boasts the worldâs largest paying membership (Source: 2015 Netflix inve
Darya [45]

Answer:

As this example illustrates, companies like Netflix must engage in <u>ONGOING STRATEGIC PLANNING</u> to remain relevant and competitive in the ever-changing environment of technology advancements, social trends, and legal regulations.

Explanation:

When a company develops a strategic plan, management is setting the business direction of the company. This means setting up a long term plan for the company to follow, but strategic plans cannot be fixed.

Strategic planning must always be an ongoing and fluid process, since markets are not static, nor your competitors will just sit around waiting for you to decide what to do. Your competition will constantly try to find ways to increase their market and lower yours, so you must respond accordingly.

In this case, Disney last year launched their own online service and that is going to be tough for Netflix, but if it isn't Disney, ti would be some other company.

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2 years ago
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The Reynolds Corporation buys from its suppliers on terms of 2/19, net 50. Reynolds has not been utilizing the discounts offered
harina [27]

Answer:

23.68%

Explanation:

The computation of the cost of not taking a cash discount is shown below:-

Cost of not taking a cash discount = [Discount percentage ÷ (100% - Disc.%)] × (360 ÷ (Final due date - Discount period))

= (2% ÷ 98%) × (360 ÷ (50 - 19))

= 2.04% × 11.61

= 23.68%

Therefore for computing the cost of not taking a cash discount we simply applied the above formula.

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2 years ago
Say that equilibrium price remained constant and quantity rose. what would you say was the most likely cause?
vladimir1956 [14]
The quantity rose was mostly likely cause
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2 years ago
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