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nexus9112 [7]
2 years ago
10

Wok around the clock, inc. , sells specialty woks. In the current year it expects to incur $620,000 in variable costs and $130,0

00 in fixed costs to make and sell 10,000 woks at $100 each. If wok around the clock accepts a special order from hard wok cafe to purchase 1,000 woks at $75 each plus $1,200 in shipping costs, how much would it make or lose on this special order?.
Business
1 answer:
Korolek [52]2 years ago
3 0

It would make a revenue of $750

<h3>What is revenue ?</h3>

The total amount of income earned by the sale of goods and services connected to the principal operations of the firm is referred to as revenue in accounting. Commercial revenue is often known as sales or turnover. Some businesses make money by charging interest, royalties, or other fees.

The overall cost of making and distributing a product or service to consumers is referred to as the cost of revenue. The cost of revenue is disclosed in a company's income statement. It is intended to show the direct costs related with the goods and services offered by the company.

To know more about revenue  follow the link:

brainly.com/question/16232387

#SPJ4

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As the number of multinational corporations continues to grow, we are experiencing a greater number of international ethical dil
vfiekz [6]

Answer:

Multinationals must subjectively determine the local living wage, which is usually more than the local legal wage in developing countries. Customers surveyed say they are willing to pay a few dollars more to improve working conditions in sweatshops.

Explanation:

A sweatshops may be defined as a factory or firm which violates some of the labor laws of the United States as stated by the US department of labor.

In these sweatshops, they provide unfair wages, the working conditions are very poor, proper labor laws are not followed extended working hours, exploitation of labor takes place.

This has been a real challenge the developing countries are facing. This can be improved as the multinational companies determines a higher local living wage than the legal wage in some of the developing countries. Even the customers of their products are coming forward and are willing to pay more for the products so that the working conditions of the sweatshops improves.

7 0
3 years ago
Acquisition Cost of Long-Lived Asset The following data relate to a firm’s purchase of a machine used in the manufacture of its
klemol [59]

Answer:

The acquisition cost is $38140

Explanation:

acquisiton cost = invoice price + applicable sales tax - cash discount + freight paid + cost of insurance + installation cost +testing and adjusting costt                

= $34000 + $2000 - $400 + $260 + $125 + $2000 + $425

= $38410

Therefore, The acquisition cost is $38140.

6 0
3 years ago
Read the scenario, and answer the question.
kolezko [41]

Answer:

The correct answer is the option A: make your recommendation or action announcement after you discuss the pros, cons, and costs.

Explanation:

To begin with, if the employee is looking forward to establish a well delivered recommendation then he must start given the pros of the person that is being recommended, later the cons and finally the costs due to the fact that if the pros are not good enough in comparison with the cons then the costs will not matter and even if the pros are higher enough then the second important thing to see will be the costs. Therefore that the better advice to receive would be to how organize the info inside the paperwork and that is first discussing the pros, cons and costs and later make the recommendation.

8 0
4 years ago
6. If the price elasticity of supply is 1.2, and a price increase led to a 5% increase in quantity supplied, then the price incr
PolarNik [594]

Answer:

Price increase is about 4.2%

Explanation:

Price Elasticity of Supply (PES) is a measure of the responsiveness of the quantity of a particular good/service supplied to a change in price.

The price elasticity of supply is mathematically the ratio of the percentage change in quantity supplied to the percentage change in price.

PES = \frac{\%\ change\ in\ quantity}{\%\ change\ in\ price} \\where\\PES= 1.2\\\% change\ in\ quantity = 5\%\\\%\ change\ in\ price = ???\\\therefore 1.2 = \frac{5}{\%\ change\ in\ price}\\ \%\ change\ in\ price = \frac{5}{1.2} \\\%\ change\ in\ price = 4.16\%

5 0
3 years ago
In a certain grocery store, strawberries cost $4.32 per pound ( 4.32 dollars/lb ). what is the cost per ounce? express your answ
Katyanochek1 [597]

Using unit conversion, the price of strawberries is $0.27 per ounce.

The conversion of measurement unit is the process of converting different units of measurement for the same quantity, using the multiplicative conversion factors that change the measured quantity value without changing its effects.

Common units for weight and their shorthand are:

- Pound (lb)

- Ounce (oz)

- Kilogram (kg)

- Gram (gm)

The conversion factors:

1 lb  =  16 oz  =  0.45 kg =  453gm

1 oz  =  0.063 lb  =  0.03 kg =  28 gm

1 kg  =  2.2 lb =  35 oz

1 gm = 0.001kg = 0.04 oz

Information from the problem:

The strawberries cost:

$4.32 per pound = $4.32 per 16 oz

                            = $4.32/16 per oz

                            = $0.27 per oz

Read more about unit conversion here:

brainly.com/question/4158962

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5 0
2 years ago
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