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Agata [3.3K]
4 years ago
14

The cost of goods sold in a retail store totaled $325,000. fixed selling and administrative expenses totaled $115,000 and variab

le selling and administrative expenses were $210,000. if the store's contribution margin totaled $590,000, then sales must have been:
Business
1 answer:
Phantasy [73]4 years ago
6 0
The cost of goods sold in a retail store totaled $325,000. fixed selling and administrative expenses totaled $115,000 and variable selling and administrative expenses were $210,000. if the store's contribution margin totaled $590,000, then sales must have been: 1,125,000
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True or false: Using the weighted-average method, the computation of EUP separates units into direct materials and conversion.
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Answer:

True

Explanation:

Equivalent units of production need to be calculated for Materials and Conversion costs separately as the work done (Percentage Completion) towards the outputs may be different in these input elements. This is applicable to Both the  <em>weighted-average method</em> and the <em>first-in first-out method</em>.

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Which of the following might experience a factor of failure related to expansion?
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a

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Businesses and industries need to make decisions to make a profit and to benefit the world.
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ames Corporation is planning to issue bonds with a face value of $508,000 and a coupon rate of 6 percent. The bonds mature in 15
tatyana61 [14]

Answer:

Explanation:

a. Market rate of interest 4 %

Present value of the bonds = Semiannual coupon x PVIFA 2%,n=30 + Par Value x PVIF 2%, n=30 = $ 508,000 x 6% x 1/2 x 22.3965 + $ 508,000 x 0.5521 = $ 341,322.66 + $ 280,466.80 = $ 621789.46

 Issue Price $ 621,790

b. Market Interest Rate : 6%

Present value of the bonds = $ 508,000 x 6% x 1/2 x 19.6004 + $ 508,000 x 0.4120 = $ 298,710 + $ 209,296 = $ 508,000

 Issue Price $ 508,000

c. Market interest rate : 8.5 %

Present value of the bonds = Semiannual coupon x PVIFA 4.25%, n=30 + Par Value x PVIF 4.25%, n=30 = $ 508,000 x 6% x 1/2 x 16.7790 + $ 508,000 x 0.2869 = $ 255,711.96 + $ 145,745.20 = $ 401,457.16

 Issue Price $ 401,460

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4 years ago
Which two actions can be taken immediately during the management review and problem-solving meeting?
Arte-miy333 [17]

The action which can be taken during the management review and problem solving meeting is that, "combining teams in order to increase the velocity."

During the management review and problem-solving meeting combining teams to increase velocity provides the team direction and ensure the path is as obstacle free as possible. Also, to negotiate scope changes and resolve other problems by agreeing to various planning adjustments.

The key objective for problem solving meetings is to find the most optimal solution which can resolve an issue facing the group or organization. Management review is a systematic assessment to 'measure the effectiveness of the organizations' management system.

Hence, the action which can be taken during the management review and problem solving meeting is to combine teams in order to increase the velocity.

To learn more about management review and problem-solving meeting here:

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