Given: Variable Cost Fixed Cost
per haircut per month
base salary 9660
manager bonus 530
commission 5.92
advertising 270
rent 940
barber supplies 0.30
utilities 0.25 180
magazines 25
Total 6.47 11605
Revenue 11.47
Break even point in unit = Fixed expenses per month / Contribution margin per month.
Break even point in unit = 11,605 / (11.47-6.47) = 11,605 / 5 = 2,321 haircuts
Break even point in $ = Fixed expenses / Contribution margin ratio
Break even point in $ = 11,605 / (5/11.47) = 11,605 / 0.44 = 26,375
Net Income = (Contribution Margin * # of haircuts) - Fixed expenses
Net Income = (5 * 2,380) - 11,605 = 11,900 - 11,605 = 295
Answer:
The correct answer is option a.
Explanation:
The aggregate demand curve shows the demand for goods and services by the economy as a whole. It comprises of consumption expenditure, government expenditure, investment expenditure, and net exports.
The aggregate demand curve in the short run is downward sloping because an increase in the price level reduces the real money holdings. It reduces purchasing power. So the amount of expenditures gets reduced as well.
According to the theory of purchasing power parity, if the price level in the united states rises by 5% while the price level in Mexico rises by 6%, then the dollar will.
1..... D. appreciate 1% relative to peso.
The theory of PPP explains that exchange rate is automatically changed according to change in the price level of relative countries . As price level increases more in Mexico by 1% so peso will depreciate by 1% or dollar will appreciate by 1% .
2...... B. Changes in the prices of goods and services not traded internationally.
According to the theory of PPP , the exchange rate of two currencies depends upon prevailing price levels in both the countries. However all goods are not traded , how these not traded goods prices affects exchange rate?. This theory doesn't fully explain this scenario.
Purchasing is the process a business or enterprise makes use of to accumulate goods or services to perform its goals. although there are several companies that try to set standards inside the shopping manner, procedures can range greatly between corporations.
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Answer:
$13,529= Direct material
Explanation:
Giving the following information:
Job 590 has a total cost of $29,200. It has been charged with manufacturing overhead costs of $7200. The rate is 85% of direct labor.
Total cost= direct material + direct labor + allocated overhead
29,200= DM + (7,200/0.85) + 7,200
29,200 - 7,200 - 8471= dm
$13,529= DM
The correct answer is; She needs to keep out the part about her current coworkers in her resume to potential employers.
Further Explanation:
After researching this question, I have found the part that is missing. Elena is writing a resume and in the resume she stated the reason for leaving her current job and wanting a new one is "To gain more responsibility and to be better rewarded. I would also prefer to work with people who are more friendly and sociable than the people I currently work with.
" The question is "What do you think of the resume?"
The resume is a good one, but she should not put in the part about her coworkers and that she would want to work with people more friendly and sociable. Since a job is not meant to be a place to find friends and be sociable, this will look bad on Elena's resume and may put off prospective employers. She needs to keep the part about being rewarded in a better way and to gain more responsibility.
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