Answer:
The preparation is presented below:
Explanation:
The preparation of the income statement for China Imports in the contribution margin format is shown below
Sales (7,500 units × $18) $135,000
Less: Variable cost (7,500 units × $10) ($75,000)
Contribution margin $60,000
Less: Fixed expenses per month (46,000)
Net operating income $14,000
Answer: $170
Explanation:
The amount that the warehouse will pay in total annual holding costs for this air filter will be calculated thus:
Order quantity(Q) = 170 units
Holding cost(H) = $2.00 per unit per year
Total annual holding cost will be:
= (Order quantity/2) × Holding cost
= (170/2) × 2.00
= 85 × 2.00
= $170
The annual holding cost is $170
A.) head-on.
rear-ending cars are going the same direction as you, so they don't hit as hard.
trees aren't part of multi-vehicle crashes (hopefully)
Answer: $100,000 less
Explanation:
Since we are informed from the question that the real estate developer is offering identical houses for sale for $350,000 each, and has 20 willing customers, this means that current revenue will be:
= $350,000 × 20
= $7,000,000
By lowering the price, the revenue made will be:
= $300,000 × 23
= $6,900,000
The difference is
$7,000,000 - $6,900,000
= $100,000 less.