Answer:
$13.33
Explanation:
Test A
Charging rate $65
Variable cost ($25)
Contribution margin $40
Contribution margin per machine hour $40/3=$13.33
Answer:
$7,750
Explanation:
The computation of the net income for the first year is shown below:
but before that following calculations needed
The Cost of production is
= Direct material + Direct labor + Manufacturing overhead
= $11,625 + $11,000 + $10,000
= $32,625
The Unit product cost is
= $32,625 ÷ 7,250 units
= $4.50 per unit
Now
Cost of goods sold = Number of units sold × cost per unit
= 4,500 units × $4.50
= $20,250
And, finally
Net Income = Sales revenue - COGS - general, selling, and administrative expenses
= (4,500 units × $7) - $20,250 - $3,500
= $7,750
Answer:
Vertical accountability refers to the ability of
a. individuals and groups to hold state institutions accountable
Explanation:
When discussing accountability in governance, there are different types which include vertical accountability and horizontal accountability.
Vertical accountability refers to the ability of individuals and groups to hold state institutions accountable and horizontal accountability refers to the ability of the legislature to hold the executive accountable.
Answer: Global citizens
Explanation:
Global citizens are the people who use the global success of a company as an indication of the product quality and innovativeness. Goobal citizens are concerned that firm acts in a socially responsible manner.
Global citizens role in tackling issues like water shortages, climate change, terrorism, have an impact on the future of the world. A global citize understands the wider world.
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