Entries by Hannah Wangui

Lose

Question What is a 50% chance to win $2000, a 30% chance to lose $1000, and a 20% chance to lose $2000.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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profit increases or decreases

Question Linda’s Company has the following sales, variable cost, and fixed cost.If sales increase by 10,000 then their profit  increases or decreases by how much? Sales 50,000 Variable cost 7,000 Fixed Cost 29,000   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Direct Labor

Question Kevin’s Company produces door stoppers. August production costs are below In September, Kevin expects to produce 100,000 door stoppers. Assuming no structural changes, what is Kevin’s production cost per door stopper for September?  Door Stoppers produced 77,000 Direct material (Variable) 20,000 Direct Labor (variable) 40,000 Supplies (variable) 20,000 Supervision (fixed) 27,900 Depreciation (Fixed) 21,400 Other […]

 

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decepreciation

Question Angelo’s steakhouse has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold  How much would Ken’s profit increase if 10 more dinners were sold?  Materials $4,080 Hourly labor (Variable) $5,200 rent (fixed) $1,570 decepreciation $760 Other fixed costs $540 each steak dinner sells for  $13.60   […]

 

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