Answer:
Dealer "B" at $5,595.00
Explanation:
Comparison of cost charges for dealer A and dealer B will have to include the one-year maintenance offered by dealer B.
The cost for dealer A will be
maintenance for one year= $75 x 12= $900
cost of the car= $4,995.00.
total cost for dealer A
= $4,995.00 + $900
=$5,895
The cost from dealer B is $5,595.
Dealer B has the better deal as they are cheaper by $300
( $5,895- $5,595)
Answer:
Explanation:
opening wip 100
Started 1000
1100
completed -800
closing wip 300
Using weighted Average process cost Table
cost opening current Total complete Wip equivalent Cost
head cost Units p.unit
material 1000 4500 5500 800 300 1100 5
CC 3960 21520 25480 800 180 980 26
30980 31
A) equivalent units of service (production ) for materials and conversion costs.
material 1100
CC 980
B)
unit costs
material 5
CC 26
31
Complete 800 31.00 24,800
Closing Wip
Material 300 5.00 1,500
Labour 180 26.00 4,680
6,180
Total Cost 30,980
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Blake bliss is 22 years old
Answer:
Gross Margin Dollar = $ 262,000
Gross Margin as Profit = $ 262,000/1150,000 *100= 22.78
Explanation:
Net sales for the towel department $1,150,000.
Cost of merchandise $888,000.
Gross Profit $262,000
Shipping charges $5,460
Discount 5%. $ 57500
Net Profit $ 199040
Without sufficient gross profit a merchandiser will likely fail.
Gross Margin Dollar = $ 262,000
Gross Margin as Profit = $ 262,000/1150,000 *100= 22.78
For every dollar in sales the company has more 22 cents left over to cover the expenses.