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3 years ago

Why is it unlikey that most brides will have demand for an original vera wang gown?

Business

2 answers:

Lera25 [3.4K]3 years ago

5 0

Because it costs more than, u might as well say, a copy

Bumek [7]3 years ago

5 0

If it makes the bride happy that's all that matters

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EB15.

Airida [17]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

flexible budget:

direct materials of $3 per unit

direct labor of $2.50 per unit

manufacturing overhead of $1.25 per unit

Fixed costs are $49,000.

33,000 units:

Flexible budget:

Total direct marerial= 3*33,000= $99,000

Direct labor= 2.5*33,000= $82,500

MOH= 1.25*33,000= $41,250

Total manufacturing costs= $222,750

Fixed costs= 49,000

Total production costs= $271,750

35,000 units:

Total direct marerial= 3*35,000= $105,000

Direct labor= 2.5*35,000= $87,500

MOH= 1.25*35,000= $43,750

Total manufacturing costs= $236,250

Fixed costs= 49,000

Total production costs= $285,250

8 0

3 years ago

The stock price of Baskett Co. is $53.40. Investors require a return of 12 percent on similar stocks. If the company plans to pa

Gemiola [76]

Answer:

Growth Rate = 5.73%

Explanation:

The present value of stock formula can be used here to solve this problem.

The formula is:

$P_0=\frac{Div_1}{r-g}$

Where

$P_0$ is the current stock price

$Div_1$ is the dividend to be paid next year

r is the rate of return required

g is the growth rate expected

Now, the first 3 variables are given, we need to find g. Substituting, we find our answer:

$P_0=\frac{Div_1}{r-g}\\53.40=\frac{3.35}{0.12-g}\\53.40(0.12-g)=3.35\\6.408-53.40g=3.35\\53.40g=3.058\\g=0.0573\\$

In percentage, it is

<u>Growth Rate = 5.73%</u>

7 0

3 years ago

During its most recent fiscal year, Raphael Enterprises sold 340,000 electric screwdrivers at a price of $19.20 each. Fixed cost

Novay_Z [31]

Answer:

Variable costs=$3,876,000

Explanation:

Given Data:

Fixed costs amounted=$1,156,000

pretax income=$1,496,000.

Units Sold=340,000

Price of each unit sold=$19.20

Required::

Variable costs in the company's contribution margin income statement for the year =?

Solution:

Pretax Income=Revenue-Fixed costs-Variable costs

Revenue=Units Sold*Price of each unit sold

Revenue=340,000*$19.20

Revenue=$6,528,000

Pretax Income=Revenue-Fixed costs-Variable costs

$1,496,000=$6,528,000-$1,156,000-Variable costs

Variable costs=$6,528,000-$1,156,000-$1,496,000

Variable costs=$3,876,000

8 0

3 years ago

Read 2 more answers

Ticketsales, Inc., receives $7,720,000 cash in advance ticket sales for a four-date tour of Bon Jovi. Record the advance ticket

kvasek [131]

Answer:

When revenue has been received but the service has not been rendered, the revenue will not be recognized and will instead be treated as a liability called unearned revenue.

Date Account Title Debit Credit

Oct. 31 Cash $7,720,000

Unearned Ticket revenue $7,720,000

Date Account Title Debit Credit

Nov. 5 Unearned Ticket Revenue $1,930,000

Ticket Revenue $1,930,000

<u>Working </u>

Ticket revenue = 1/4 * 7,720,000

= $1,930,000

5 0

3 years ago

Which of the following statements about Jack's lease agent position is most effective? Multiple Choice learned about the lease p

lesya692 [45]

Answer: Manage all lease agreements (new leases, renewals, subleases, and addendums) for 75 townhome tenants

Explanation:

Jack's lease agent position at Golden Sand Townhomes involved him managing all lease agreements in that he filed new leases, renewals, subleases and addendums.

He also attended to customer requests and was in charge of organising special celebrations for the tenants while also assisting in PR functions by helping management with marketing campaigns.

8 0

3 years ago