A business operated at 100% of capacity during its first month, with the following results: Sales (90 units): $90,000 Production costs (100 units): Direct materials$40,000 Direct labor20,000 Variable factory overhead2,000 Fixed factory overhead7,00069,000 Operating expenses: Variable operating expenses$8,000 Fixed operating expenses1,0009,000 The amount of contribution margin that would be reported on the variable costing income statement is a.$26,200 b.$29,700 c.$34,200 d.$20,200
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Business, 21.06.2019 21:00
The management of a private investment club has a fund of $250,000 earmarked for investment in stocks. to arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. the amount of money invested in low risk stocks is to be twice the sum of the amount invested in stocks of the other two categories. if the investment goal is to have a rate of return of 9% on the total investment, determine how much the club should invest in each type of stock. (assume that all the money available for investment is invested.)
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Business, 22.06.2019 05:30
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Business, 22.06.2019 20:00
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A business operated at 100% of capacity during its first month, with the following results: Sales (9...
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