Answer:
$218,400
Explanation:
The computation of contribution margin is here below:-
Units Cost per unit Total
Sales 6,000 $88 $528,000
Less:
Variable production cost 6,000 $40.8 $244,800
Variable selling and
administrative costs 6,000 $10.8 $64,800
Contribution margin $218,400
Therefore the we multiplied the sale unit with cost per unit, in the similar way we multiplied the Variable production cost unit with cost per unit and Variable selling and administrative costs with cost per unit to reach the contribution margin.
Answer:
B. Aging of accounts receivable
Explanation:
For determining the proper amount that would be included in the allowance for doubtful debts, the aging of account receivable is used because it told that in how many days, the amount would be collected through which the company can estimate its bad debts.
The accounts receivables arise when the business organization serves the goods and services to the customers on a credit basis, not on cash basis.
Hence, the most appropriate option is B.
Answer:
A dealer-broker networks means that the broker and dealer is a counterpart in all trades,the broker dealer buys stocks from a seller and sells them to a buyer.
Some trading avenues in which broker and dealer is no longer a counterpart in all trades instead buyers can trade directly with sellers is called an Alternative Trading Systems. Broker dealer must register an Alternative Trading Systems with Securities and Exchange Commission (SEC) which imposes more regulatory requirements than the standard broker dealer network. It is costly for broker-dealer to provide the infrastructure for an Alternative Trading Systems, therefore they charged subscription fees.
Registered stock exchanges are registered with Securities and Exchange Commission (SEC), they are more regulated than Alternative Trading Systems and broker dealer network and its major objectives is to promotes orderly trading and fair dissemination of information including price and number of shares and pre-trade information.
Answer:
The correct answer to the following question will be "Core Competency".
Explanation:
- Core competency is often used to refer to a particular set of various department's abilities, experience, and knowledge that enables one company to underperform its rivals. Good administrators need those three sorts of skills to support their company to work more effectively and efficiently.
- It also applies to the wide range of skills or knowledge of an organization in certain operations, instead of tangible or financial properties.
Therefore, Core Competency is the right answer.