Serie inc. reported the following results from last year’s operations: sales $ 16,800,000 variable expenses 10,640,000 contribution margin 6,160,000 fixed expenses 5,488,000 net operating income $ 672,000 average operating assets $ 7,000,000 at the beginning of this year, the company has a $2,100,000 investment opportunity with the following characteristics: sales $ 2,520,000 contribution margin ratio 50 % of sales fixed expenses $ 1,108,800 if the company pursues the investment opportunity and otherwise performs the same as last year, the combined margin for the entire company will be closest to: multiple choice 4.9% 4.3% 0.9% 3.5%

When someone buys a fourth television for his or her house, what is the result? a. there's a decrease in the marginal utility of the television. b. the increase in demand brings leads to higher prices for televisions. c. the production of televisions becomes more efficient. d. there's a rise in the opportunity cost of buying other goods.

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be