Business, 15.04.2020 01:29 george27212
Boston, Inc., planned and actually manufactured 260,000 units of its single product in 2017, its first year of operation. Variable manufacturing cost was $ 17 per unit produced. Variable operating (nonmanufacturing) cost was $ 7 per unit sold. Planned and actual fixed manufacturing costs were $ 780,000. Planned and actual fixed operating (nonmanufacturing) costs totaled $ 350,000. Boston sold 140,000 units of product at $43 per unit.
Boston's 2017 operating income using absorption costing is:
a) $530,000 b) $370,000 c) $740,000 d) $900,000 e) None of these.
Show supporting calculations.
Answers: 2
Business, 21.06.2019 19:20, 2020IRodriguez385
What impact did the economic opportunities in pennsylvania and new york have on virginia? a. virginia planters started to migrate to new york. b. new yorkers began buying up cheap virginia real estate. c. virginians found themselves resorting increasingly to slavery. d. virginians loosened their slave laws to attract more migrants.
Answers: 2
Business, 22.06.2019 12:50, laxraAragon
Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?
Answers: 3
Business, 22.06.2019 19:40, jby
The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is
Answers: 3
Boston, Inc., planned and actually manufactured 260,000 units of its single product in 2017, its fir...