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3 years ago

7

Mike and Lon came to a party together. A friend offered Mike a ride home. However, there was no room in the car for Lon. What ar

e Mike's choices?

1 answer:

Vikentia [17]3 years ago

3 0

Mike could leave lon behind, walk lon home, offer to pay for a taxi or finally he could stay with him.

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Joplin Industries Inc. manufactures and sells high-quality sporting goods equipment under its highly recognizable J-Sports logo.

motikmotik

Answer:

a. Joplin Industries Inc.

Absorption Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Less: Beginning inventory $4,387,200

Cost of goods manufactured <u>$45,756,000</u>

Cost of goods sold <u>$50,143,200</u>

Gross Profit $30,856,800

Selling and Administrative Expenses <u>$13,122,000</u>

Operating Income <u>$17,734,800</u>

b. Joplin Industries Inc.

Variable Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Variable cost of goods sold <u>$40,500,000</u>

Manufacturing Margin $40,500,000

Selling and Administrative Expenses <u>$12,150,000</u>

Contribution Margin $28,350,000

<u>Fixed cost</u>

Manufacturing cost $8,856,000

Selling and Admin Expenses <u>$972,000</u>

Total Fixed cost <u>$9,828,000</u>

Operating Income <u>$18,522,000</u>

4 0

3 years ago

Voice is a principle of good communications One major reason to do an in-depth interview of top management and communicators bef

cluponka [151]

Answer:

Verbal communication in the workplace.

Explanation:

Being voice a part of the skills and knowledge for effective communication, an in-depth interviews of top management and communicators is essential to design an effective employee communication program to gather, convey and receive information and people skills , respecting cultural differences and related legislation. This knowledge and skills will structure the ability to communicate effectively with employees during the day in the workplace.

8 0

3 years ago

Read 2 more answers

True or false? Individual electronic components can be combined into larger groups, called diodes, to increase their usefulness.

Butoxors [25]

This is False.

A diode is something completely different, but can be found in a computer and is an important electronic part.

8 0

3 years ago

Each firm can produce at most one car. Suppose the market for electric cars is competitive. Why is the equilibrium price in this

lisabon 2012 [21]

Answer:

Consumer surplus = (60000 - 40000)+ (90000 - 40000)+(40000 - 40000) = $70000

Producer surplus = (40000 - 20000)+(40000 - 30000)+ (40000 - 40000) = $30000

Social surplus = Consumer surplus +Producer Surplus= 70000 + 30000 = $100000

Consumer surplus = (Willingness to pay – Price)

Producer surplus = ( Price –Cost)

7 0

3 years ago

An organization has a standing order with a supplier. the organization has ordered the same product in the same quantity monthly

evablogger [386]

Answer:

Modified Rebuy.

Explanation:

Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.

In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.

So, the correct answer is modified rebuy.

7 0

3 years ago