g You have $10 to spend. Suppose you can spend your money on apples and bananas. The the price of apples is $2 each, and the price of bananas is $1.50 each. If you spend all of your money on apples, how many could you afford

Related Questions

• g You have $10 to spend. Suppose you can spend your money on apples and bananas. The the price of apples is $2 each, and the price of bananas is $1.50 each. If you spend all of your money on apples, how many could you afford
• In its first year of operations, roma co. earned $45,000 in revenues and received $37,000 cash from these customers. the company incurred expenses of $25,500 but had not paid $5,250 of them at year-end. the company also prepaid $6,750 cash for costs that will not be expensed until the next year. calculate the first year's net income under both the cash basis and the accrual basis of accounting.
• The sales volume variance for revenue is calculated by taking the difference in actual sales volume compared to the budgeted sales volume and multiplying it by the budgeted sales price per unit. \[ \text{Sales Volume Variance for Revenue} = (\text{Actual Volume} - \text{Budgeted Volume}) \times \text{Budgeted Sales Price} \] Given the data: - Budgeted Sales Volume: 1,100 units - Actual Sales Volume: 995 units - Budgeted Sales Price: $70.00 per unit Let's calculate it: \[ = (995 \text{ units} - 1,100 \text{ units}) \times \$70.00 \] \[ = (-105 \text{ units}) \times \$70.00 \] \[ = -\$7,350 \] Since the actual sales volume is less than the budgeted sales volume, the variance is unfavorable (U). Therefore, the sales volume variance for revenue is $7,350 unfavorable. The correct answer is A. $7,350 U.
• Kim received a small raise at work so that her salary went from $58,000 per year to $60,000 per year. She is concerned that it might move her to the next tax bracket. Why would Kim be concerned about that?
• Firm A is being acquired by Firm B for $35,000 worth of Firm B stock. The incremental value of the acquisition is $2,500. Firm A has 2,000 shares of stock outstanding at a price of $16 a share. Firm B has 1,200 shares of stock outstanding at a price of $40 a share. What is the actual cost of the acquisition using company stock ? a) $34,750 b) $34,789 c) $35,000 d) $35,289 e) $35,500
• A firm's current share price is $40, with an expected growth rate of 11 percent and an expected dividend per share (D1) of $2. Considering its risk, your required rate of return is 12 percent. Your expected rate of return and associated investment decision options are: A) 10 percent – do not buy B) 12 percent – do not buy C) 14 percent – buy D) 16 percent – buy E) 18 percent – buy
• Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 34,200 units. Per Unit Total Direct materials $15 Direct labor $5 Variable manufacturing overhead $11 Fixed manufacturing overhead $478,800 Variable selling and administrative expenses $5 Fixed selling and administrative expenses $171,000 The company uses a 40% markup percentage on total cost.Compute the total cost per unit.Total cost per unit $____________________
• It ONLY makes sense to implement an ABC system when: A. ABC provides information to make better decisions. B. Its benefits exceed implementation costs. C. ABC traces more costs as direct costs. D. There is a strong cause-and-effect relationship between costs in the cost pools and their cost-allocation bases.
• What cost measure is equal to AFC plus+AVC​? A. average total cost B. total cost C. marginal cost D. total variable cost All of the following cost measures reach their minimum points when they are equal to the value of marginal​ cost, except one. Which cost measure is the​ exception? A. average fixed cost B. average total cost C. average variable cost D. There is no​ exception; all three measures above reach their minimum values when they are equal to the value of marginal cost. As output​ increases, the vertical distance between average total cost and average variable cost curves gets​ _______ and equals​ _______. A. ​smaller; total fixed cost B. ​larger; average fixed cost C. ​smaller; average fixed cost D. ​larger; marginal cost
• Copy Center pays an average wage of $13 per hour to employees for printing and copying jobs, and allocates $19 of overhead for each employee hour worked. Direct materials are assigned to each job according to actual cost. If Job M-47 used $375 of direct materials and took 15 direct labor hours of labor to complete, what is the total cost that should be assigned to the job?