Delectable Foods produces a gourmet condiment that sells for $20 per unit. Variable cost is $8 per unit, and fixed costs are $5000 per month. If Delectable expects to sell 1500 units, compute the margin of safety in dollars. (Round any intermediate calculations to the nearest whole unit, and your final answer to the nearest dollar.)
A) $21,660
B) $1083
C) $5000
D) $8664
A) $21,660
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A corporation that incurs a pre-tax operating loss must:
A. carryback the loss for tax purposes. B. choose to both carryback and carryforward the loss or to only carryforward the loss. C. carryforward the loss for tax purposes. D. choose to both carryback and carryforward the loss or to only carryback the loss.
Institute Technologies is choosing new cost drivers for its accounting system. One driver is labor hours; the other is a combination of machine hours for unit variable costs and number of setups for a pool of batch-level costs. Data for the past year follow. Budget ActualLabor hours 200,000 200,000 Machine hours 360,000 450,000 Number of setups 3,000 3,300 Unit variable cost pool$1,600,000 $2,000,000 Batch-level cost pool$900,000 $990,000?Assume that the two separate pools are used for Institute. The flexible budget dollar amounts for the actual level of machine hours and actual number of setups are: Unit Variable Cost Pool Batch-Level
CostPoolA.$1,600,000 $900,000 B.$1,600,000 $990,000 C.$2,000,000 $900,000 D.$2,000,000 $990,000 E.$2,500,000 $0 A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E
Which of the following is not an ethical consideration in the workplace?
A) Who sees or hears an action. B) Where an action has taken place. C) When an action takes place. D) All of the above.
________ types of linear programming problems often result in fractional relations between variables which must be eliminated
Fill in the blank with correct word.