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3 years ago

Does barritt's ginger beer have alcohol in it

Business

1 answer:

Travka [436]3 years ago

8 0

No it does not it is a non-alcohol soft drink

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Red Co. uses the product cost concept of applying the cost-plus approach to product pricing. Below is cost information for the p

hammer [34]

Answer:

b 43.50%

Explanation:

Product Cost = Variable Manufacturing Costs + Fixed Manufacturing Cost

Product Cost = 40,000*($7.00 + $11.00 + $3.00) + $80,000

Product Cost = 40,000*$21 + $80,000

Product Cost = $840,000 + $80,000

Product Cost = $920,000

Markup = Total Selling and Administrative Expenses + Desired Profit

Markup = $2.00*40,000 + $140,000 + $1,200,000*15%

Markup = $80,000 + $140,000 + $180,000

Markup = $400,000

Markup percentage = Markup / Product Cost * 100

Markup percentage = $400,000 / $920,000 * 100

Markup percentage = 0.434783 * 100

Markup percentage = 43.47%

6 0

2 years ago

A convertible preferred stock is convertible at $10, pays a 4% annual dividend, is callable at $110, and is trading at a current

Leno4ka [110]

Answer:

$11.60

Explanation:

In ascertaining the parity price of the common stock, we need to ascertain the conversion ratio which is the par price of the preferred stock divided by the convertible price

The par value of the preferred stock=$100(since call price is $110)

convertible price=$10

conversion ratio=$100/$10=10

The parity price is the current market price of the preferred stock divided by the conversion ratio

Parity price=$116/10

Parity price=$11.60

4 0

2 years ago

A law firm received $2,000 cash for legal services to be rendered in the future. The full amount was credited to the liability a

Elodia [21]

Answer: d. revenues to be understated.

If the services have been rendered but the revenue is not recorded it means that your accounts will show less revenue than you have actually earned as in accounting revenue is recognized as soon as the service is rendered, thus not recognizing the revenue when the service is rendered will understate the revenues.

Explanation:

5 0

3 years ago

Select all that apply. Select the items that describe what happens at the equilibrium price. Producers supply the exact goods th

malfutka [58]

Answers are:
Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price
Producers use their resources efficiently

At the equilibrium price, the quantity bought= quantity sold. Consumers have enough goods at the given price, meaning that there isn't anyone who wants to buy the good at that price but can't, and producers use their resources efficiently.

The whole economy does not waste resources, since this is the market-efficient outcome, and there aren't many shortages or surpluses for the same reason.

5 0

3 years ago

What are the two factors you should consider when choosing which target date fund is best for you?

Sati [7]

Answer:

Expenses and glide path are just two factors that investors should consider

Explanation:

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4 0

2 years ago