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3 years ago

Which one is the biggest part of your budget fixed or variable cost

1 answer:

3 0

It depends but variable costs are usually associated with unit production like ingredients or materials so fixed costs like capital expenditure might be the larger part of a budget

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Identify each of the following accounts as a component of asset (A), liabilities (L), or equity (E). Account Balance sheet secti

brilliants [131]

Answer:

a. asset (A)

b. liabilities (L)

c. equity (E)

d. asset (A)

e. liabilities (L)

f. equity (E)

g. equity (E)

h. liabilities (L)

Explanation:

A Balance sheet shows the balance of assets, liabilities and equity at the reporting date.

Assets are economic resources controlled by the entity such as equipment and cash.

Liabilities are obligation that arise such as wages payable and tax payable.

Equity is the residue after deducting liabilities from assets. it represents the owners contribution through equity and retained income.

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3 years ago

Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,000 from sales $201,0

mel-nik [20]

Solution:

Differential Analysis:

Continue Eliminate Net income

Inc/Dec

Sales 201000 0 -201000

variable cost 176000 0 176000

Contribution margin 25000 0 -25000

Fixed cost 30000 20300 9700

Net income / (loss) -5000 -20300 -15300

No, The Product line shall not be eliminated

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3 years ago

Rector Corporation is examining its quality control program. Which of the following statements is/are correct? I. Rework costs

Andre45 [30]

Answer:

II. Prevention costs are costs that are incurred to prevent the sale and production of defective units.

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3 years ago

Sanyo Corporation manufactures a popular model of business calculators in a suburb of Seoul, South Korea. The production process

Elden [556K]

Question a)

The sum of the Total assets plus total fixed assets results in total assets.

Question b)

The division of Net sales over total assets results in Asset Turnover

Question c)

The subtraction of the cost of good sold from net sales is equal to the gross margin

Question d)

The subtraction of Operating expenses from gross margin results in the Net Operating profits, before the taxes.

Question e)

The subtraction of Taxes from Net Profit before tax results in Net profit after taxes

Question f)

The division of Net profit after tax over the Net saves gives you the Net profit margin percentage.

Question g)

The division of Net profit Margin percent over the asset turnover results in a return on assets.

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3 years ago

One criticism of servant leadership is question 6 options: researchers have been unable to reach a consensus on a common definit

kati45 [8]

One criticism of servant leadership is that RESEARCHERS HAVE BEEN UNABLE TO REACH A CONSENSUS ON A COMMON DEFINITION. The servant leadership hypothesis is of the opinion that servant leadership consist of various abilities, traits and behaviors. Up to date, researchers have not agree on a common definition or theoretical frame work for servant leadership.

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3 years ago