All categories

3 years ago

HELP ASAP ROCKY !!

Business

1 answer:

DanielleElmas [232]3 years ago

5 0

B. A dollar was equal to an exact amount of gold

(Plz give a thanks!)

You might be interested in

Head-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Product costs include: Direct materials p

Kaylis [27]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Sales= 5,000 units

Selling price= $75

Product costs include:

Direct materials per helmet= $30

Direct labor per helmet= $8

Variable factory overhead per helmet= $4

Total fixed factory overhead 20,000

Variable selling expense is a commission of $3 per helmet

The fixed selling and administrative expense totals $29,500

The total variable cost is calculated as follow:

Total variable cost= unitary variable cost*number of units

Unitary variable cost= direct material + direct labor + variable overhead + variable selling and administrative

Total variable cost= (30 + 8 + 4 + 3)*5,000= $225,000

Total fixed costs= 20,000 + 29,500= $49,500

Income statement:

Sales= 5,000*75= 375,000

Total variable cost= (225,000)

Contribution margin= 150,000

Total fixed factory overhead= (20,000)

The fixed selling and administrative expense= (29,500)

Net operating income= $100,500

3 0

3 years ago

As a store manager, Leah has to play the role of negotiator, such as purchasing products at a fair price for her company. As she

zaharov [31]

Answer:

decisional

Explanation:

She is playing a decisional role in the above scenario since she has to make the necessary arrangements and arguments and select the best possible price for the given scenario.

7 0

3 years ago

Consider the following: Cash in Bank - checking account of $18, 500 Cash on hand of $500. Post dated checks received totaling $3

lesya [120]

Answer:

b $19,000

Explanation:

The reconciliation between the book balance and the bank statement examines the transactions recorded in either account but omitted in the other and the transactions recorded wrongly in both accounts.

Given the following transactions

Cash in Bank - checking account = $18, 500

Cash on hand = $500

Post dated checks received = $3 500 and

Certificates of deposits = $24,000

Cash balance in balance sheet = $18, 500 + $500 + $24,000

= $43,000

The post dated check is not included as the cash is yet to be received. The balance in the post dated check will form part of the receivables balance and not that of cash.

The certificate of deposit may be accounted for as part of cash and cash equivalent as shown in the computation above. Where the certificate of deposit is accounted for as a short term investment,

Cash balance in balance sheet = $18, 500 + $500 = $19,000

4 0

3 years ago

A vendor raises the cost of materials you planned to order, and the increased cost will put your project over budget. Which shou

artcher [175]

Answer:

A. Review the budget to identify other areas where costs can be cut.

Explanation:

In the case when the vendor increased the material cost that planned and the increased cost would also be placed in your project i.e. over budgeted so the first thing you should do is review the budget by identifying the areas where the cost cutting to be done

Therefore as per the given situation, the option A is correct

And, the rest of the options are incorrect

3 0

3 years ago

When profit-maximizing firms in competitive markets are earning profits, market demand must exceed market supply at the market e

ella [17]

The correct answer is " new firms will enter the market"

4 0

3 years ago