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2 years ago

Describe the agencies that ensure properties abide by regulations.

Business

1 answer:

Lady bird [3.3K]2 years ago

5 0

The agencies that ensure properties abide by regulations are known as regulatory agencies.

<h3>What are regulatory agencies?</h3>

It should be noted that regulatory agencies are the independent governmental agencies that are established in order to set standards in a specific field.

In this case, the agencies that ensure properties abide by regulations are known as regulatory agencies.

Learn more about regulatory agency on:

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Erin Brushwood sells gourmet chocolate chip cookies. The results of her last month of operations are as follows: Sales revenue $

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Answer:

A) 32,090 cookies

B) $ 0.5665336

C) 32.938%

<em>Questions:</em>

A) If Erin sells her cookies for $1.72 each, how many cookies did she sell during the month?

B) Contribution margin per cookie

C) Contribution margin ratio

Explanation:

A) sales revenue / sale price per unit

55,194 / 1.72 = 32.089,53

B) and C)

variable cost:

manufacturing 28,232

selling 8,908 x 20% = 1.781,6‬

administrative 11,516 x 60% =<u> 6.909,6‬ </u>

Total variable cost: 37.014,2‬

Contribution Margin: 55,194 - 37,014.2 = 18.179,8‬

Contribution Margin Ratio 18,179.8 / 55,194 = 0,329380 = 32.938%

Contribution Margin per cookie:

$1.72 x 32.938% = 0,5665336

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