Answer:
Correct answer is C. $ dollars.
Calculation:
Rate of Retun PU = (21%*605,000)/58,700 = 2.16
Fixed factory overhead PU = 38,500/58,700 = 0.66
Fixed selling and administration PU= 8000/58,700 = 0.14
Variable DM PU = 5.17
Variable Labour PU = 1.88
Variable FOH PU = 1.33
Variable selling and Admin PU = 4.5
By adding all above mentioned per unit cost we get 15 dollars aprox
so
Correct answer is 15 dollar.
he exchange of money and the receipt of the item is mutual consideration for the transaction. In every single agreement, there must be consideration in order for the agreement to be legally binding; it is a critical part of contract formation. ... In other words, each person in a contract must promise to do something.
<span>The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to the invoice is : </span>debit Purchases $2,750, debit Freight In $125; credit Accounts Payable $2,875
Answer:
The correct statement is C. This statement is misleading because a no-load fund cannot charge more than 25 basis points of 12b-1 fees
Explanation:
THIS STATEMENT IS MISLEADING BECAUSE A NO-LOAD FUND CANNOT CHARGE MORE THAN 25 BASIS POINTS OF 12B-1 FEES.
A mutual fund is not permitted to advertise itself as a "no-load" fund if it charges 12b-1 fees of more than .25% (25 basis points) annually. 12b-1 fees are charges against net asset value that pay for the cost of soliciting new investment to the fund, and they can be used to compensate salespersons that sell the fund's shares.
