What is the net operating income for the month under absorption costing?

Answers

Answer 1
Answer:

What is the net operating income for the month under absorption costing? A. $22,500


Related Questions

Suppose two paper plants dump industrial waste into a river. The EPA decides pollution concentration is too high at a receptor site down river from the paper plants. The two firms have identical marginal cost of pollution abatement, but firm 1 has a transfer coefficient of 0.8 and firm 2 has a transfer coefficient of 0.3. To reduce pollution concentration at a receptor site, who should reduce dumping more? Select one: a. Firm 1 b. Firm 2 c. Both should reduce the same d. No way to tell
What would you include in a recommendation to the CEO for a better method for evaluating the performance of the divisions?a.The method used to evaluate the performance of the divisions should be reevaluated. b.A better divisional performance measure would be the rate of return on investment c.A better divisional performance measure would be the residual income. d.None of these choices would be included. e.All of these choices (a, b & c) would be included.
The Bell Weather Co. is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 17 percent a year for the next 4 years and then decreasing the growth rate to 6 percent per year. The company just paid its annual dividend in the amount of $2.40 per share. What is the current value of one share of this stock if the required rate of return is 7.90 percent?
Palmona Co. establishes a $310 petty cash fund on January 1. On January 8, the fund shows $217 in cash along with receipts for the following expenditures: postage, $38; transportation-in, $13; delivery expenses, $15; and miscellaneous expenses, $27. Palmona uses the perpetual system in accounting for merchandise inventory.Prepare journal entry to establish the fund on January 1, reimburse it on January 8, and reimburse the fund and increase it to $330 on January 8, assuming no entry in part 2
On October 1, Eder Fabrication borrowed $66 million and issued a nine-month, 8% promissory note. Interest was payable at maturity. Prepare the journal entry for the issuance of the note and the appropriate adjusting entry for the note at December 31, the end of the reporting period. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.)

Flex Co. just paid total dividends of $1,100,000 and reported additions to retained earnings of $3,300,000. The company has 725,000 shares of stock outstanding and a benchmark PE of 17.4 times. What stock price would you consider appropriate

Answers

Answer:

$105.60

Explanation:

Given: Total dividend paid= $1100000.

           Retained earning= $3300000.

           Number of outstanding shares= 725000.

           PE ratio= 17.4 times.

First finding earning per share.

Formula; EPS= ((paid\ dividend+ additional\ retained\ earning))/(number\ of\ outstanding\ shares)

EPS= ((1100000+3300000))/(725000)

EPS= (4400000)/(725000)

EPS= \$ 6.0689 \approx \$ 6.07

Hence, earning per share (EPS)= $6.07.

Now, finding the appropriate stock price.

Price of stock= EPS* PE

⇒ Price of stock= \$ 6.07* 17.4

∴ Price of stock=\$ 105.60

Hence, $105.60 would be the appropriate price of stock.

Kroger, a grocery store chain, sells thousands of products from hundreds ofdifferent producers that are shipped through a variety of shipping companies
and stored at various warehouses facilities. The coordinated efforts with each
channel partner at each touch point takes efficiency and communication. In
order for the process to run smoothly, which three functions do channel
partners need to perform to efficiently flow products and titles to the
consumer to get payments back to producers?
O transactional, logistical, and facilitating functions
o facilitating, commercial, and institutional functions
logistical, commercial, and transactional functions

Answers

Answer:

transactional, logistical, and facilitating functions

Explanation:

In the 1990s thousands of "dot-com" companies emerged with great fanfare to take advantage of the Internet and new information technologies. A few, like Google, eBay, and Amazon, have generally thrived and prospered, but many others struggled and eventually failed. Explain these varied outcomes in terms of how the market system answers the question "What goods and services will be produced?"

Answers

Answer:

Check the explanation

Explanation:

Yahoo, eBay, and Amazon amid others companies that succeeded offered a large variety of  goods and services, but the factor that differentiated them apart is the methods and creative technique the used in facilitating and fastracking the process of  shopping  these items.  

When a shopper weighs the benefits alongside the costs,  they will most of the time decide to shop on one of these eCommerce sites since the cost is so low, there are a lot of options available to shoppers, and they don’t need to check out numerous stores to find the precise  product they want they want to buy.

A $20,000 municipal bond is offered for sale at $18,000. The bond interest rate is 6 percent per year payable semiannually. The bond will mature and be redeemed at face value 5 years from now. If you purchase the bond, the first premium you will receive is 6 months from today. You have decided that you will invest $18,000 in the bond if your effective semi-annual yield is at least 4 percent. What effective semi-annual rate will this investment yield?

Answers

Answer:

For this calculation we need to use the Effective Annual Yield Formula.

EY = (1 + r/n)^n - 1

Where:

  • EY = Effective annual yield
  • r = coupon rate
  • n = number o periods the coupon rate is compounded per year

Plugging the amounts into the formula we obtain:

EY = (1 + 0.06/2)^2 - 1

EY = 0.062

EY = 6.2%

To obtain the effective semi-annual yield, we simply divide the effective annual yield by two:

= 0.062/2

=0.031

Effective semi-annual yield = 3.1%

In this case, we would not invest in the bond because the effective semi-annual yield does not reach the required 4%.

Explanation:

Stanley Roper has $2,300 that he is looking to invest. His brother approached him with an investment opportunity that could give Patrick $4,800 in 4 years. What interest rate would the investment have to yield in order for Stanley’s brother to deliver on his promise? (Answer needs to be stated as a decimal. For example: .1192) Round to four decimal places.

Answers

Answer:

20.19%

Explanation:

The computation is shown below:

As we know that

Future value = Present value × (1 + rate)^number of years

where,

Present value = $2,300

Future value = $4,800

Time period = 4 years

So, the interest rate is

$4,800 = $2,300 × (1 + rate)^4

2.086957 = (1 + rate)^4

So after solving this, the interest rate is 20.19%

Autoliv in Ogden, Utah creates airbags. The deployment time of an airbag should be between 21 and 27 milliseconds and their current average is 22 milliseconds with a standard deviation of 0.25 milliseconds. Determine the process capability index if they were to center the mean.

Answers

Answer:

4

Explanation:

The calculation of the process capability index is given below

Data provided in the question according to the question is as follows

USL = 27

LSL = 21

Now we take the average

X = (21 +27) ÷ 2

= 24

The standard deviation is 0.25

= min(USL - mean ÷ 3 × standard deviation , mean - LSL ÷ 3 × standard deviation)

After solving this the process capability index is 4

Other Questions