Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following selected data relates to Green with Envy Corporation Total fixed costs Selling price per unit Variable costs per unit $20,000 $28 $10 Assuming
The following selected data relates to Green with Envy Corporation Total fixed costs Selling price per unit Variable costs per unit $20,000 $28 $10 Assuming 8,200 units are sold, what is the contribution margin? O A. $167,600 O B. $147,600 O C. $229,600 O D. $127,600 Rom ar o panyprepa ng its cash budget fo the poom ng n th. The budgeted begnn ng cash bala ce s expected to be $38.000 udgeted cash oce pts are $100.000 while budgeted cash disbunerments are $120.000. Roman Company wants to have an ending cash balance of $47,000. How much would Roman Company need to borrow to achieve its desired ending cash balance? O A. $20.000 OB. S27.000 O C. $36.000 OD. S74.000 Vino Winery is considering the purchase of a state- of-the- at bosing machine. The new machine will cotl $28.250 and will have a uselul life of 10 years. The new machine will provide net cash savings of $5,000 per year What is the intemal rate of retum (IRcR) for the new botting machine? (Qck the icon to view tho present value of $1 table ) (Cick the loon to view the present value of annuity of $1 table 0A.8% OB, 1256 C, 6% OD, 10% The Ticktock Corporation producos docks Accoring to company standards should tako 2 hours of dred labor to produco 13,800 hours of direct labor at a total cost of $345.000 What is Ticktock's drect labor rate variance for June? doTekt s standard labor cost $18 00 per hour Dun g June, Tektock produced 6 stoprad es and used OA. $96,800 unfavorable B. S1,000 unfavorable OC. $1,000 favorable O D. $96,600 favorable Lake od Jet Skis has budgeted sales for J receivable balance on July 31 evd Jdy at $400.0 Oand$530.000 respective y Sales are 76 creat ofwhich 30% is collected in the mothofthe sale and 70% iscolected n the fling moth what the accounts O A $210,000 oo. $278,250 O c. $371,000 OD. 87.500
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started