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2 years ago

Help!! 40pts!!

Business

1 answer:

Serggg [28]2 years ago

6 0

Jung Hwa, according to this scenario, is the <u>Administrator</u> at her institution.

<h3>Who is an administrator?</h3>

An administrator is one who is responsible for overseeing the daily running of an institution.

It is the role of the administrator to set the overall goals and policies of the institution or company while leaving managers to handle the pragmatic implementation of strategies.

Thus, we can conclude that Jung Hwa, according to this scenario, is the <u>Administrator</u> at her institution.

Learn more about the roles of administrators at brainly.com/question/13841711

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During its most recent fiscal year, Raphael Enterprises sold 270,000 electric screwdrivers at a price of $17.10 each. Fixed cost

pantera1 [17]

Answer:

$2,889,000

Explanation:

Sales units = 270,000 units

Sale Price = $17.10

Fixed cost = $729,000

Sales Value = 270,000 * $17.10

Sales Value = $4,617,000

Contribution Margin = Sales- Fixed cost

Contribution Margin = $4,617,000 - $729,000

Contribution Margin = $3,888,000

Variable Cost = Contribution margin- Pretax income

Variable Cost = $3,888,000 - $999,000

Variable Cost = $2,889,000

So, $2,889,000 is the amount that should have been reported as variable costs in the company's contribution margin income statement for the year in question.

8 0

3 years ago

If a firm has already paid an expense or is obligated to pay one in the future, regardless of whether a particular project is un

SSSSS [86.1K]

Answer:

sunk cost

Explanation:

Sunk cost -

It refers to the amount of money which is spend and can never be recovered back , is referred to as the sunk cost.

During the process of making any future decision , sunk money is never taken into consideration.

Hence, it differs from the future costs.

Therefore , from the scenario of the question,

The correct term is sunk cost.

3 0

3 years ago

A decrease in quantity demanded is caused by: a) a decrease in quantity supplied. b) an increase in quantity supplied. c) a decr

Ivahew [28]

Answer:

I think the answer is an increase in supply

5 0

3 years ago

A company purchased a new truck at a cost of $42,000 on June 1, 2019. The truck is estimated to have a useful life of 7 years. T

Xelga [282]

Answer:

C. $3,500

Explanation:

The formula for a straight-line method of depreciation is provided below:

annual depreciation charge=(cost-salvage value)/useful life

cost of the new truck=$42,000

salvage value=$0

useful life=7 years

depreciation=($42,000-$0)/7=$6,000( same as given in the question)

The truck was used for 7 months in the first year ended, from June 1 2019 to December 31 2019

Depreciation for the first year=$6000*7/12=$3,500

4 0

3 years ago

Andrews Corp. ended the year carrying $33,836,000 worth of inventory. Had they sold their entire inventory at their current pric

mamaluj [8]

Answer:

Revenue could be of amount $33,836,000

Explanation:

As the selling price is not given in the question, only the cost of the inventory is given, So,

We assume that the Sales quantity is X and the Selling Price per unit be Y

Then,

Sales = X × Y ............... Equation (1)

Less : COSG = $33,836,000 ................ Equation (2)

Net Income = 1 - 2

If the selling price is equal to the cost of the inventory which is $33,836,000. So, the only revenue which is to be added is the amount of $33,836,000.

Note: It totally depend or grounded on the Sales value.

6 0

3 years ago