Answer:
The answer is B
Explanation:
A store wouldnt make a prodjuct cost more to promote the impulse buy.
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Answer:
B. a change in the money supply changes real variables but not nominal variables
Explanation:
Money neutrality is an economic theory that says that money supply only affects nominal varabmles but not real variables.
Answer:
1. Work Environment.
2. Salary and Benefits.
3. Aptitudes and Abilities.
4. Education and Training.
5. Tasks and Responsibilities.
6. Work Hours.
7. Values.
8. Career Outlook.
9. International Career Outlook.
Explanation:
Just completed it.
Answer:
$7,750
Explanation:
The computation of the net income for the first year is shown below:
but before that following calculations needed
The Cost of production is
= Direct material + Direct labor + Manufacturing overhead
= $11,625 + $11,000 + $10,000
= $32,625
The Unit product cost is
= $32,625 ÷ 7,250 units
= $4.50 per unit
Now
Cost of goods sold = Number of units sold × cost per unit
= 4,500 units × $4.50
= $20,250
And, finally
Net Income = Sales revenue - COGS - general, selling, and administrative expenses
= (4,500 units × $7) - $20,250 - $3,500
= $7,750
The company incurs costs in receiving, inspecting, identifying, and returning the merchandise. More returns create more expenses.
Is cost of sales an expense?
Cost of Goods Sold is also known as “cost of sales” or its acronym “COGS.” COGS refers to the cost of goods that are either manufactured or purchased and then sold.
COGS counts as a business expense and affects how much profit a company makes on its products.
What are the depreciation expense?
Depreciation expense is that portion of a fixed asset that has been considered consumed in the current period.
This amount is then charged to expense. The intent of this charge is to gradually reduce the carrying amount of fixed assets as their value is consumed over time.
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