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Exercise 4.25 The income statement for Cheyenne Salmon Sales, which produces smoked salmon, follows: Revenue (106,200...
The income statement for Pina Salmon Sales, which produces smoked salmon, follows: Revenue (106,200 lbs) $ 870,840 Expenses Fish $ 180,540 Smoking materials 21,240 Packaging materials 31,860 Labour (wages) 350,460 Administration 159,300 Sales commissions 10,620 Total expenses 754,020 Pretax income $ 116,820 Assume that the administrative costs are fixed and that all the other costs are variable. Suppose the provincial government curtails fishing because of low fish counts. As a result, Pina Salmon Sales can buy only 53,100 lbs of...
The income statement for Ayayai Salmon Sales, which produces smoked salmon, follows: $878,400 Revenue (109,800 lbs) Expenses Fish Smoking materials Packaging materials Labour (wages) Administration Sales commissions Total expenses Pretax income $ 230,580 21,960 32,940 318,420 142,740 10,980 757,620 $ 120,780 Assume that the administrative costs are fixed and that all the other costs are variable. Your answer is partially correct. Try again. Suppose the provincial government curtails fishing because of low fish counts. As a result, Ayayai Salmon Sales...
The income statement for Bonita Salmon Sales, which produces smoked salmon, follows: $ 762,400 Revenue (95,300 lbs) Expenses Fish Smoking materials Packaging materials Labour (wages) Administration Sales commissions Total expenses Pretax income $190,600 19,060 19,060 324,020 133,420 9,530 695,690 $ 66,710 Assume that the administrative costs are fixed and that all the other costs are variable. Your answer is partially correct. Try again. Suppose the provincial government curtails fishing because of low fish counts. As a result, Bonita Salmon Sales...
Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDs and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDs and 4,500 equipment sets. Information on the two products is as follows: DVDs Equipment Sets Price $8 $25 Variable cost per unit 4 15 Total fixed cost is $99,750. Suppose that in the coming year, the company plans to produce an extra-thick yoga mat for sale...
Instructions Multiple-Product Break-even, Break-Even Sales Revenue Cherry Blossom Products Inc. produces and sells yoga-training products: how-to DVDS and a basic equipment set (blocks, strap, and small pillows). Last year, Cherry Blossom Products sold 13,500 DVDS and 4,500 equipment sets. Information on the two products is as follows: Equipment Sets DVDS Price $8 $25 Variable cost per unit 15 Total fixed cost is $98,550. Suppose that in the coming year, the company plans to produce an extra-thick yoga mat for sale...
Central Hospital - A Capital Budgeting Analysis Objective Central Hospital, established in 1904, is the premier hospital in Oklahoma City specializing in cardiology. Patients travel from all over the county to be diagnosed for rare heart conditions and receive treatment from Central's leading staff of doctors and nurses. The hospital receives an influx of over 25,000 visitors each year and has grown rapidly since its establishment. In an effort to diversify, Zach Moore, CEO, is considering a $12 million investment...
Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....