16世纪末17世纪初,意大利主要产生了三个艺术流派,即_______、_______和_______。
下列关于房地产投资特点的表述,错误的是()。
A. 房地产投资可以使用高财务杠杆率
B. 房地产的流动性比证券类产品要弱
C. 一项房地产的估价等于持有房地产获得的现金流入的现值
D. 房地产价值受政策环境、市场环境和法律环境等因素的影响较大
油画作品《教皇英诺森十世像》是17世纪西班牙画家()的作品。
A. 委拉斯贵支
B. 穆立罗
C. 戈雅
D. 里韦拉
Hair Co manufactures three types of electrical goods for hair: curlers (C), straightening irons (S) and dryers (D.) The budgeted sales prices and volumes for the next year are as follows:
Each product is made using a different mix of the same materials and labour. Product S also uses new revolutionary technology for which the company obtained a ten-year patent two years ago. The budgeted sales volumes for all the products have been calculated by adding 10% to last year’s sales.
The standard cost card for each product is shown below.
Both skilled and unskilled labour costs are variable.
The general fixed overheads are expected to be $640,000 for the next year.
Required:
(a) Calculate the weighted average contribution to sales ratio for Hair Co.
Note: round all workings to 2 decimal places. (6 marks)
(b) Calculate the total break-even sales revenue for the next year for Hair Co.
Note: round all workings to 2 decimal places. (2 marks)
(c) Using the graph paper provided, draw a multi-product profit-volume (PV) chart showing clearly the profit/loss lines assuming:
(i) you are able to sell the products in order of the ones with the highest ranking contribution to sales ratios first; and
(ii) you sell the products in a constant mix.
Note: only one graph is required. (9 marks)
(d) Briefly comment on your findings in (c). (3 marks)