Answer:
Purchasing
Explanation:
In the purchasing function, the company purchased the products and services from the manufacturer at a lesser cost and then sell the goods at higher prices in order to earn the profit. 
When someone purchases, when the price is less and quality is best as compared with the competitors dealing in the same industry 
Therefore in the  given case, Cedric Stein orders aluminum component parts that are used in the Audi card production so here the purchasing function is used 
 
        
             
        
        
        
Answer:
The answer is given below;
Explanation:
  Preference stocks  950*50    Dr.$47,500
  Paid in capital in excess of par-preference shares  Dr.$  13,300                                   
  (64-50)*950 
   Common Stocks  1,900*10        Cr.$19,000
   Paid in capital in excess of par-common stocks    Cr.$41,800
    (64*950)-(1900*10)                                         
 
        
             
        
        
        
Answer:
$1,079 billion
Explanation:
Calculation to determine what Gross domestic product is
Using this formula
Gross domestic product = Personal Consumption Expenditures + Gross Private Domestic Investment + Government Purchases + Net exports
Let plug in the formula
Gross domestic product = $475 + $300 + $315 + ($249 - $260)
Gross domestic product =$475 + $300 + $315 + +$11
Gross domestic product = $1,079 billion
Therefore Gross domestic product is $1,079 billion
 
        
             
        
        
        
Answer:
The Question is Incomplete; Full Question is as follows;
Using variable costing, what is the contribution margin for last year?
<em>Contribution Margin = $362,900</em>
Explanation:
Computation of expenditure margin by differential costing;
<em>Sales </em><em>Minus </em><em>variable cost </em>
= $1,558,000  
- Variable cost of Manufacturing(190,000 units *$1.84)
= $349,600
— variable sales and administrative costs(190,000 units *$4.45) 
= $845,500
= contribution margin = $362,900
<em>Keep in mind that; </em><em>Set or Fixed expenses and overhead costs are not taken into account when trying to calculate the contribution margin.</em>