The highest value of total cost was $75,000 in June for Mantilla Beverages Inc. Its lowest value of total cost was $50,000 in December. The company makes a single product. The production volume in June and December were 13,000 and 8,000 units, respectively. What is the variable cost per unit?

$9.38 per unit

$6.25 per unit

$5.00 per unit

$5.77 per unit

Young Company has provided the following information:

Price per unit $40 Variable cost per unit 12 Fixed costs per month $10,000

Calculate the contribution margin per unit.

$28

$40

$52

$16

Iglesias Inc. completed Job 12 on November 30. The details of Job 12 are given below:

Direct labor cost $840 Direct materials cost $1,100 Machine hours 7 Direct labor hours 22 Predetermined overhead allocation rate $90 per machine hour

What is the total cost of Job 12?

$2,570

$1,940

$1,947

$3,920

Paramount Moving Company is considering purchasing new equipment costing $700,000. The management has estimated that the equipment will generate cash flows as follows:

Year 1 $200,000 2 200,000 3 250,000 4 250,000 5 150,000

Present value of $1:

6% 7% 8% 9% 10% 1 0.943 0.935 0.926 0.917 0.909 2 0.89 0.873 0.857 0.842 0.826 3 0.84 0.816 0.794 0.772 0.751 4 0.792 0.763 0.735 0.708 0.683 5 0.747 0.713 0.681 0.65 0.621

The company's required rate of return is 8%. Using the factors in the table, calculate the present value of the cash inflows. (Round all calculations to the nearest whole dollar.)

$890,000

$750,000

$850,000

$841,000

The following is summary of information presented on the financial statements of a company on December 31, 2015.

Account 2015 2014 Net Sales Revenue $600,000 $500,000 Cost of Goods Sold 450,000 400,000 Gross Profit $150,000 $100,000 Selling Expenses 50,000 50,000 Net income before tax $100,000 $50,000 Income tax expense 35,000 18,000 Net Income $65,000 $32,000

What would a horizontal analysis report show with respect to net income?

net income is 45.45% of net sales revenue

a $25,000 increase in net income

a 45.45% increase in net income

a 103.125% increase in net income