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joja [24]
2 years ago
15

Item 13 assume markup percentage equals desired profit divided by total costs. what is the correct calculation to determine the

dollar amount of the markup per unit?
Business
1 answer:
xz_007 [3.2K]2 years ago
8 0

The calculation to determine the dollar amount of the markup per unit: Total cost per unit times markup percentage per unit.

Total cost, in economics, is the sum of all costs incurred by a company in generating a certain stage of output. Knowledge of the full fee involved in producing their output lets a business have better knowledge of their profitability and efficiency. This may allow an organization to determine whether or not they want to reevaluate their pricing approach, reduce expenses or take different steps to grow their profitability.

Markup percentage is a percent markup over the cost fee to get the promoting price and is calculated as a ratio of gross income to the price of the unit. The amount of markup allowed to the store determines the money he makes from promoting each unit of the product. Better the markup, extra the price to the purchaser, and extra the cash the store makes.

Learn more about Total cost here brainly.com/question/14332852

#SPJ4

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What is the first step of creating a federal budget A. Congress votes on requirements for a budget plan. B. Executive agencies s
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Answer:

C. State governments submit their budget proposals.

Explanation:

The Federal budget is a budget for the entire country.  It is an estimate of the expected government revenue and expenditure for a fiscal year.

The first step in the federal budget preparation involves submitting proposals by the government department and agencies. These are the federal agencies such as security agencies. They submit their expenditure proposal to the Whitehouse. All agencies' proposals make up part of the president's budget request.

7 0
3 years ago
Colby Corporation has provided the following information Operating revenues from customers were $199,700. ·Operating expenses fo
topjm [15]

Answer:

d. $46,800

Explanation:

Operating revenues   $199,700

Less:

Operating expenses  <u> $111,000</u>

Operating Profit           $88,700

Less:

Interest expense         $9,200

Income tax expense   <u>$36,000</u>

Net Income                 $43,500

Add:                

Gain from sale           <u> $3,300  </u>

Total Net Income        <u>$46,800</u>

4 0
3 years ago
What activities might require you to provide your social security number?
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The answer should be A
8 0
3 years ago
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Imagine you are running a bank and you are deciding how much of your funds to deposit with the Fed. Your alternative to depositi
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If the Federal Reserve increases the interest rate that it pays on your deposits with them increase reserves at the Fed and reduce loans.

If the Federal Reserve increases the interest rate that it pays on your deposits with them, this means that the amount I deposit with the Fed would earn a higher rate of interest.

The aim of businesses is to make profit. As a result, I would increase the amount I deposit with the Fed in order to earn a higher rate of interest on my deposit and I would reduce the amount of loans I make.

To learn more, please check: brainly.com/question/14331161

5 0
2 years ago
Management is a process designed to achieve an organization's objectives by using its resources ____________ (accomplishing the
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Answer: The correct answer is d). efficiently, effectively

Explanation: Efficiently means accomplishing the objectives with a minimum of resources while Effective means having the intended result.

Management is a critical process in any organisation. It prevents wastage and ensures that the goal of the organisation is met appropriately.

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3 years ago
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