Total contribution margin = $3,000, standard models sold at break even=800, deluxe models sold at break even=400, superior models sold at break even=100
<u>Explanation:</u>
1.Using sales mix stated in the fact from Figure to form a package what is the total contribution margin?
total contribution margin =($150 multiply 8) plus ($200 multiply 4) plus ($1,000 multiply 1) = $3,000
2.Refer to Figure, What is the number of standard models sold at break even.
break even units =Fixed cost divide contribution margin per package
= $300,000 divide $3000 =100 package standard models sold at break even=100 package multiply 8 = 800
2.Refer to Figure, What is the number of deluxe models sold at break even.
break even units
=Fixed cost divide contribution margin per package = $300,000 divide $3000
=100 package deluxe models sold at break even = 100 package multiply 4
<span>A firm determines its profit by subtracting total cost from revenue</span>
Answer:
The correct answer is postconventional
Explanation:
The postconventional level is the level of understanding and acceptance of the general moral principles that inspire norms: rationally chosen principles weigh more than norms. It is made up of stage 5 and stage 6.
Stage 5: Priority rights and social contract
It is the stadium of openness to the world. It is recognized that in addition to the family, group and country itself, all human beings have the right to life and freedom, rights that are above all social institutions or conventions. Openness to the world leads, in the second place, to recognize the relativity of norms and values, but it is assumed that legitimate laws are only those obtained by consensus or social contract. Now, if a norm goes against life or liberty, the moral obligation of not accepting and confronting it is imposed.
Stage 6: Universal ethical principles
It is made aware that there are universal ethical principles that must be followed and have priority over conventional legal and institutional obligations. It works according to these principles because, as a rational being, validity has been captured and he feels committed to following them. In this stage the golden rule of morality prevails: "do to the other what I want for me". And you have the courage to face the laws that undermine universal ethical principles such as human dignity or equality. It is the supreme moral stage, that of Gandhi, of Martin Luther King and that of all people who live deeply in morality.
Excavation, Inc., uses explosives to prepare land for construction projects. Strict liability is imposed on this activity because The activity is extremely risky
<h3>Option (C) is correct.</h3>
<u>Explanation:</u>
Excavation activity is an extremely risky activity. This activity has many accidents associated with it. every year many people die or get injured in accidents related to excavation. So due to the high risk associated with this strict liability is imposed on this activity.
Risks associated with excavation are explosion, gas escape, flooding, etc. Other dangers like hazardous atmospheres, the possibility of fatal accidents, Falling loads can also be there. These dangers are sudden and fail to give time to workers to escape. So before undertaking such activity permission must be obtained from the government.
Answer:
The ratio of flotation cost to funds raised is 20.13%
Explanation:
First of all, it is noteworthy that actual amount received per share by Deep Hollow Oil is the issue price minus the underwriting spread of $2.6565
(8.05% of $33),in other words the net issue price is $30.3435
The total amount raised is $ 4,096,372.50 (135000*$30.3435
),while total flotation costs are as follows:
Underwriting costs $ 358,627.50
Legal and accounting fees $418,000
Indirect costs $48,000
Total flotation costs $824,627.50
However, the flotation costs as a percentage of funds raised is given below:
$824,627.50 /$4,096,372.50=20.13%
