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2 years ago

Interview Example:

Business

1 answer:

Andrej [43]2 years ago

4 0

Answer and Explanation:

There are several ways through which client can answer all of the following concerns through:

Market Structure of the industry

Cost benefit analysis

Consumer's purchasing power (the price at which consumers are willing to buy)

Break even analysis

Market share of the industry

Marginal cost

Fixed Cost

How competitive is the market

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Ken's Car Repair uses a 35.00% material loading charge and a labor rate of $23.00 per hour. How much will be charged on a job th

Art [367]

Answer:

the amount charged on a job is $401.50

Explanation:

The computation of the amount charged on the job is shown below:

The Amount to be charged is

= Material Loading Charge + Labor Charge + Materials Cost

= 35% × $110 + $23 Per Hour × 11 Hours + $110

= $38.50 + $253 + $110

= $401.50

Hence, the amount charged on a job is $401.50

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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2 years ago

Cheyenne Corp. is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the first y

qaws [65]

Answer:

Feb. 1

Debit : Cash (48,000 x $52) $2,496,000

Credit : Preferred Stock (48,000 x $50) $2,400,000

Credit : Paid in excess of Par - Preferred Stock $96,000

July 1

Debit : Cash (66,000 x $56) $3,696,000

Credit : Preferred Stock (66,000 x $50) $3,300,000

Credit : Paid in excess of Par - Preferred Stock $396,000

Explanation:

With Par value stocks, any amount paid in excess of par is placed in a reserve - Paid in Excess of Par as shown in the journals above.

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2 years ago

Armstrong industries has a contribution margin of $300,000 and a contribution margin ratio of 30%. how much are total variable c

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2 years ago

The responsibility report for the Augusta Division shows budgeted contribution margin of $2,000,000 and budgeted controllable fi

Mumz [18]

Answer:

D) is 20% above expectations.

Explanation:

The Augusta Division was supposed to earn a net profit of $1,000,000 (= $2,000,000 - $1,000,000). Since the division's manager and his/her team were able to cut reduce fixed costs to $900,000 and increase contribution margin to $2,100,000 (either by increasing selling price or reducing variable costs), then the division earned a net profit of $1,200,000 (= $2,100,000 - $900,000). This net profit is 20% higher than expected, therefore the manager's (and his/her team's) overall performance was 20% above expectations.

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3 years ago

A company has a beginning retained earnings balance of $100,000. It has net income for the current year of $50,000 and paid $10,

Brut [27]

Answer:

The ending balance of retained earnings for the company $ 140.000

Explanation:

Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.

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2 years ago