Profit is the net income of the business. It means after all the expenses you paid you, get your profit. On the other hand, revenue just means the total amount of money you earned. It basically means the amount of money you earned before paying your expesnses.
Here are a some examples of curricular education, Sports, Musical activities ,Debate, Art, Music, Drama ,Debate and discussion, contest Story writing, competition Essay writing and competition along with <span>Art craft .</span>
Answer:
d. $6.50
Explanation:
In this question, we apply the direct material price variance which is shown below:
Direct material price variance = Actual Quantity × (Standard Price - Actual Price)
$3,765 = 7,530 gallons × ($7 - actual price)
$3,765 ÷ 7,530 gallons = ($7 - actual price)
$0.5 = ($7 - actual price)
So, the actual price would be
= $7 - $0.5
= $6.50
All other information which is given is not relevant. Hence, ignored it
Answer:
$52,745
Explanation:
The computation of annual saving in transportation cost is shown below:-
Cost of plane = Annual saving in transportation cost x PVAF (i%, n) + Residual value × PVF (i%, n)
306,840 = Annual saving in transportation cost × PVAF (8%, 6) + 100,000 (8%,6)
306,840 = Annual saving in transportation cost × 4.623 + 100,000 × 0.630
306,840 = Annual saving in transportation cost × 4.623 + 63,000
Annual saving in transportation cost = $306,840 - $63,000
= 243,840 ÷ 4.623
= $52,745
Therefore for computing the annual saving in transportation cost we simply applied the above formula.
Answer:
Conservative
Explanation:
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