Use formula (5-5), NI = (CM)X - FC, to calculate FC if NI = $200,000, CM =
Question:
Use formula (5-5), NI = (CM)X - FC, to calculate FC if NI = $200,000, CM = $8, and X = 40,000.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
Given NI 200000 CM 8 X 40000 NI ...View the full answer
Answered By
Naveen kumar
I am a bachelor degree holder and i can solve reasoning and aptitude as i worked as a tutor in coaching institutes for past 4 years
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
Question Posted:
Students also viewed these Mathematics questions
-
First substitute the given values into the formula obtained from the inside- back cover. Then manipulate the resulting equation to solve for the unknown variable. Obtain dollar amounts accurate to...
-
First substitute the given values into the formula obtained from the inside- back cover. Then manipulate the resulting equation to solve for the unknown variable. Obtain dollar amounts accurate to...
-
1. Please define the types of payments terms used in international trade and evaluate the risks and benefits of each payment term from the perspective of exporter. 2. In order to be competitive,...
-
This exercise investigates the way in which conditional independence relationships affect the amount of information needed for probabilistic calculations. a. Suppose we wish to calculate P (he1, e2)...
-
Graph the equation. (a) y = (x - 1)2 (b) y = 1/3 x - 6 (c) -2x - 5y = 10
-
A student remarks: 135,000,000 shares of General Electric were sold yesterday on the New York Stock Exchange, at an average price of $25 per share. That means General Electric just received over $3.4...
-
P(x < 50) Write the binomial probability in words. Then, use a continuity correction to convert the binomial probability to a normal distribution probability.
-
An igloo is built in the shape of a hemisphere, with an inner radius of 1.8 m and walls of compacted snow that are 0.5 m thick. On the inside of the igloo the surface heat transfer coefficient is 6...
-
A ball is thrown straight up . It passes a 2.13 - m - high window 7.80 m off the ground on its path up and takes 1 . 3 0 s to go past the window. What was the balls initial velocity?
-
The volumetric analysis of a mixture of gases is 30 percent oxygen, 40 percent nitrogen, 10 percent carbon dioxide, and 20 percent methane. This mixture flows through a 1.6-cm-diameter pipe at 8000...
-
Calculate the missing value for problem. Initial value Final value Percent change (%) 0.11 0.13 ?
-
Identify the primary business emphasis of each of the following companies as (a) a lowcost emphasis or (b) a premium-price emphasis. If you are unfamiliar with the company, you may use the Internet...
-
Lee Gray was a director, president, and treasurer of HMG/ Courtland Properties, Inc. (HMG), a publicly held real estate investment trust, and of its investment adviser Courtland Group, Inc. As such,...
-
Huang Corporation makes 70,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials 7.00 Direct labor 21.00...
-
On Jan 1, 2022, Danube Company borrowed $30,000 and signed a 2-year 6% note requiring monthly payments that would consist of a fixed amount of principal with interest added on. Payments are due at...
-
For companies that manufacture several products that use different proportions of manufacturing overhead resources, why does the use of activity-based costing provide more reliable product cost...
-
Kubin Company's relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $...
-
Is the current financial policy of Apple Inc optimal, considering the current product market environment and economic conditions? Do you have any recommendations to further improve the firm's...
-
On January 1, 2014, Unique Limited, a private company, buys 25% of Walla Walla Corporation's 200,000 common shares for $480,000. On December 31, 2014, Walla Walla pays a $35,000 cash dividend and...
-
A. Select a recent issue (paper or online) of Report on Business Magazine, Canadian Business Magazine (online only), Bloomberg Businessweek, Fast Company, The Economist, or another business magazine....
-
Compute a z statistic for each of the following, assuming the population has a mean of 100 and a standard deviation of 20: a. A sample of 43 scores has a mean of 101. b. A sample of 60 scores has a...
-
A sample of 100 people had a mean depression score of 85; the population mean for this depression measure is 80, with a standard deviation of 20. A different sample of 100 people had a mean score of...
-
See the description of the MMPI-2 in Exercise 6.47. The mean T score is always 50, and the standard deviation is always 10. Imagine that you administer the MMPI-2 to 50 respondents who do not use...
-
Under what conditions would the National Building Code (N.B.C.) be used, as opposed to the Ontario Building Code (O.B.C.)?
-
Each month I have to lie on my expense report in order to get reimbursed for an honest business lunch," is example of?
-
Secondary Analysis: This week visit the Keizer Online Library and find a full-text article on secondary analysis in research. Find a full-text article, download it, highlight it, and upload it to the...
Study smarter with the SolutionInn App