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Leto [7]
3 years ago
9

Automobile insurance companies have a problem with people who buy insurance and then drive recklessly or take less care to avoid

losses after being insured. in other words, the automobile insurance market is subject to
Business
1 answer:
Sergio039 [100]3 years ago
4 0
I think the proper term is "moral hazard"
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Production and sales estimates for march for the robin co. are as follows: estimated inventory (units), march 1 18,000 desired i
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For 2020, your company planned on selling 10,000 units of its highest priced product - Fish Sticks, which is also its highest ma
Eddi Din [679]

Answer: Negative Sales Mix Variance

Explanation:

With regards to the above question, the company has a negative sales mix variance. First and foremost, we should know that the sales mix variance simply has to do with the difference between the actual sales mix and the budgeted sales mix of a company or organization.

From the question, there'll be negative sales mix variance and this will bring about a reduction in the revenue of the company as the budgeted sales will be lesser than actual sales. Therefore, Profit also reduces.

6 0
2 years ago
Arbor Corporation reports the following: Sales revenue $183,000; ending inventory $12,600; beginning inventory $15,600; purchase
spin [16.1K]

Answer: Cost of goods sold = $62500

Explanation:

Given that,

Sales revenue = $183,000

Ending inventory = $12,600

Beginning inventory = $15,600

purchases = $64,000

purchases discounts = $4,000

purchase returns and allowances = $1,500

freight-in = $1,000

freight-out = $500

Cost of goods sold = Beginning inventory + purchases - purchases discounts - purchase returns and allowances + freight-in - Ending inventory

= $15,600 +  $64,000 - $4,000 - $1,500 + $1,000 - $12,600

= $62500

4 0
3 years ago
The Fremont Company uses the weighted-average method in its process costing system. The company recorded 32,500 equivalent units
yuradex [85]

Answer:

23,000 idk really im guessing

Explanation:

3 0
2 years ago
Rhonda has oversight responsibility for the servicing and repair of her company's fleet of cars, so she frequently calls the gar
dmitriy555 [2]

Answer: Variable-interval

Explanation:

3 0
2 years ago
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