Question
In: Accounting
Question 1 The table below shows the income and expenditure relating to a product in 2019...
Question 1
- The table below shows the income and expenditure relating to a product in 2019 and 2020. Complete the table with the correct value in every empty cell, and present a finished version in your answer book.
Cost / Revenue Table 2019/2020
|
Year |
2019 (£s) |
2020 (£s) |
% Change |
|
Element |
|||
|
Fixed Cost |
2520 |
+5 |
|
|
Total Variable Cost |
|||
|
Total Cost |
6000 |
||
|
Total Revenue |
6325 |
+8 |
|
|
Profit |
411 |
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Question 1 Table 2 below shows the national income accounting data for the year 2020 in...
Question 1
Table 2 below shows the national income
accounting data for the year 2020 in Country A.
(include any tables and graphs, if any)
Items
RM (Million)
Depreciation
560
Gross private domestic investment
expenditures
5980
Imports
9900
Exports
3000
Federal government expenditures
7900
State and local government
expenditures
1653
Personal consumption expenditure
8960
Transfer payments
300
Receipts of factor income from the rest
of the world
930
Payments of factor income to the rest
of the world
1890
Using...
The table below shows the distribution of income in the U.S. in the year 1978. Table...
The table below shows the distribution of income in the U.S. in
the year 1978.
Table 19.1
Percent Distribution of Aggregate Household Income in
1978, by Fifths of Households
Households
Percent of Income
Lowest Fifth
(under $6,391)
4.3
Second Fifth
($6,392 - $11,955)
10.3
Third Fifth
($11,956 - $18,122)
16.9
Fourth Fifth
($18,122 - $26,334)
24.7
Top Fifth
($26,335 and over)
43.9
Refer to Table 19.1. What percentage of income is received by
the bottom 20% of the households?
a....
Question 1: As of December 2019, Guyana's aggregate expenditure exceeded its national income. As a result,...
Question 1:
As of December 2019, Guyana's aggregate expenditure exceeded its
national income. As a result, unplanned investment is _____ and
Guyanese firms are responding by _____ production.
a) negative; decreasing
b) positive; decreasing
c) positive; increasing
d) negative; increasing
Question 2:
Use the following information about the economy of Guyana to answer
the below question (NOTE - values are in Guyanese dollars):
2011 GDP - $460 billion
2012 GDP - $513 billion
2011 Consumption - $$477 billion
2012 Consumption...
Question 1 The table below shows the cost and revenue information of a firm. (a) Complete...
Question 1
The table below shows the cost and revenue information
of a firm.
(a) Complete the table
above.
Output (units)
Price (RM)
Total Cost (RM)
Total revenue (RM)
Marginal Cost (RM)
Marginal Revenue (RM)
0
14
10
1
12
14
2
10
22
3
8
34
4
6
48
5
4
64
6
2
82
(b) Determine the price and output at
equilibrium.
[6 marks]
(c) Calculate the profit or loss at
equilibrium.
[4 marks]
(d) Is this firm...
Question 1 – CVP Analysis Brandon Manufacturing provides the data below relating to its single product...
Question 1 – CVP Analysis
Brandon Manufacturing provides the data below relating to its
single product for 2020:
Selling price per unit $20
Annual fixed costs $280,800
Variable costs per unit $14
Annual sales volume expected in 2020: 52,000 units
Required:
Complete the following table calculating each
requirement listed in the table.
Contribution margin per unit
Contribution margin ratio
Breakeven point in units
Breakeven point in sales dollars
Firm’s profit if 46,800 units are sold
Firm’s profit if 52,000 units...
Question 1 – CVP Analysis Brandon Manufacturing provides the data below relating to its single product...
Question 1 – CVP Analysis
Brandon Manufacturing provides the data below relating to its
single product for 2020:
Selling price per unit $20
Annual fixed costs $280,800
Variable costs per unit $14
Annual sales volume expected in 2020: 52,000 units
Required:
Complete the following table calculating each
requirement listed in the table.
Contribution margin per unit
Contribution margin ratio
Breakeven point in units
Breakeven point in sales dollars
Firm’s profit if 46,800 units are sold
Firm’s profit if 52,000 units...
Consider the data provided in the table below, which shows years of education and income for...
Consider the data provided in the table below, which shows years
of education and income for ten individuals.
Education
Income(1)
Income(2)
10
15,000
15
12
20,000
20
12
35,000
35
12
40,000
40
12
60,000
60
16
50,000
50
16
60,000
60
16
70,000
70
18
60,000
60
21
80,000
80
A) Calculate the covariance and correlation of education and
income, using the “Income1” column for income, which is measured in
dollars.
B) Calculate the covariance and correlation of education...
Table 6.9 shows some of the expenditure amounts in the economy of Arkinia. The MPC, the...
Table 6.9 shows some of the expenditure amounts
in the economy of Arkinia. The MPC, the MTR, and the MPM are all
constant, as are the values of the three injections.
Y
T
YD
C
S
I
G
X
IM
XN
AE
(C + I +
G + XN)
0
60
150
50
100
50
−10
30
200
75
120
5
...
using python The table below shows the current (2019/2020) College Football Rankings and the number of...
using python
The table below shows the current (2019/2020) College Football
Rankings and the number of wins by each team.
a. Create a pandas DataFrame that stores the information in this
table and displays this.
5 points will be deducted if this is not attempted. 2
points will be deducted if it is wrong or there is a
typo
b. Display (or print out) the mean, standard deviation and maximum
of the number of wins given in this dataframe.
5...
1. The table given below summarizes the 2019 income statement and end-year balance sheet of Drake’s...
1. The table given below summarizes the 2019 income statement
and end-year balance sheet of Drake’s Bowling Alleys. Drake’s
financial manager forecasts a 10% increase in sales and costs in
2020. The ratio of sales to average assets is expected to remain at
0.40. Interest is forecasted at 5% of debt at the start of the
year. At the end of 2018 debt was $2,400,000 and assets were
$6,960,000. (10 points) Income Statement $ in thousands Sales $
2,900 (40%...
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