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Whitepunk [10]
3 years ago
8

A bussiness reports profits when ___ are greater than___.

Business
1 answer:
Genrish500 [490]3 years ago
5 0

The answer is D, Revenues, Expenses

A business reports profits when Revenues are greater than Expenses.

Revenue is money or income that is generated as a result of business activities, simply by the sale of any product or service of the company.

Expense is the cost that is incurred to produce or deliver a service to the customers.

So when the Revenues of a company are greater than the expenses of the company in a given year, the company is said to be generating Profit that year. Similarly, if the Expenses are greater than Revenues, the company is said to be in Loss.

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Shore Company reports the following information regarding its production cost:Units produced 38,000 units
Oksanka [162]

Answer:

Production cost per unit $80.59

Explanation:

The computation of the production cost per unit using absorption costing is shown below:

Direct labor per unit  $28

Direct material per unit $29

Variable overhead per unit $20 ($760,000 ÷ 38,000 units)

Fixed overhead per unit $3.59 ($136,420 ÷ 38,000 units)

Production cost per unit $80.59

We simply added all the cost per unit so that the production cost per unit could come

4 0
3 years ago
What is the most popular ownership structure within the u.S.?
Shkiper50 [21]

Answer: As far as business is concerned, the most popular ownership structure in the U.S. is SOLE PROPRIETORSHIP.

Explanation:

Sole proprietorship is the form of business that is owned by a single person, it is easy to form and the business owner exercises total control over their business.

The business owner is solely liable for losses made in the business, and also enjoys all the profits of the business alone.

Usually this kind of business will mostly end with the death of the business owner.

3 0
3 years ago
Innovation in the sales process and methodologies within the sport industry have often been more advanced then those used in oth
kobusy [5.1K]
The answer for this statement would be TRUE. Innovation nowadays have been improving especially in the sports industry because the world wants to keep up with the latest advancements now in the field. Therefore, we could really see that it is more advanced than those used in other service industries.
4 0
3 years ago
A. : Anything that serves as a medium of exchange.
adelina 88 [10]
It’s money I’m pretty sure
8 0
3 years ago
Pappy's Toys makes two models of a metal toy—Standard and DeLuxe. Both models are produced on a single machine. The price and co
Molodets [167]

Answer:

a) it will do 210,000 units of standard

b) 127,500 units of standard

     19,000 units of deluxe

Explanation:

         Standard   Deluxe

Sales                      115        135

Variable Cost      50         54

CM                            165         189

Constrain resource     0.5                1.5

   (machine hours)

CM per constrain  330.00    126.00

a)

As the company can use up to 105,000 machine hours It will use as much as it can in doing Standard model which yield a better contribution of the constrain resource.

105,000 machine hours available / 0.5 hours per standard unit = 210,000 units

As there are 230,000 untis available for Standard we can use the entire capacity for standard and achieve the maximum contribution

b) as there isn't enough demand for standard the compay will do the 127,500 and the rest fill it with deluxe:

105,000 hours - 127,500 x 0.5 = 28,500 hours for deluxe

28,500 / 1.5 hours per unt = 19,000 units for deluxe

3 0
3 years ago
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