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ipn [44]
4 years ago
11

Gross profit by department appears on the

Business
1 answer:
Vesna [10]4 years ago
4 0

Gross profit is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Gross profit will appear on a company's income statement and can be calculated by subtracting the cost of goods sold (COGS) from revenue (sales).

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________is the interest that the bank pays you on the principal plus on the_________ that you earned the preceding year.
lina2011 [118]
The first blank is <span>Simple Interest and the last one is CashBack</span>
7 0
3 years ago
Read 2 more answers
For a person who travels often, the main consideration in purchasing a computer would be?
Naily [24]

For a person who travels often, the main consideration in purchasing a computer would be portability.

What does portability mean in it?

If a computer program can be used in an operating system other than the one it was designed for without requiring extensive rewriting, it is said to be portable. The process of porting entails carrying out any work required to enable the computer software to function in the new setting.

What are the most important considerations when comparing computer systems?

The speed and storage capacity of the computer are among the more crucial factors. These factors are categorized under the term "computer specifications," which is used to describe how well a computer will function.

Learn more about portable devices: brainly.com/question/28075818

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8 0
2 years ago
A firm that achieves superior performance relative to other firms in the same industry or the industry average has a
Nimfa-mama [501]

Answer:

The correct answer is option D.

Explanation:

Competitive advantage refers to the situation when a firm can provide better value to their customers or provide the same product at a lower cost. In other words, the company is able to outperform its competitors.  

Economies of scale can arise because of several factors such as

  • Economies of scale
  • Geographical location
  • Internal systems

Competitive advantage gives a firm the ability to produce more efficiently than its rival and thus the firm has greater profit than its rival.

3 0
3 years ago
Frames, Inc. manufactures, produces, and sells picture frames. The frame sells for $25 and the variable operating costs per unit
astraxan [27]

Answer:

D) $320,000

Explanation:

We are given the following information:

  • unit price = $25 per frame
  • variable costs = $12 per frame
  • fixed costs = $50,000 for 25,000 frames or $2 per frame

If Frames is able to sell 30,000 frames in one month, their operating income should be:

Total sales revenue                $750,000 (= $25 per frame x 30,000 frames)

<u>COGS                                      -$430,000 [= (30,000 x $12) + $70,000]        </u>

Gross operating profit            $320,000

7 0
3 years ago
What was the total manufacturing cost assigned to Job P? (Do not round intermediate calculations.) Total manufacturing cost_____
Nastasia [14]

Answer:

$52,285

Explanation:

The computation of the total manufacturing cost assigned to Job P is shown below:-

Total manufacturing cost = Direct material + Direct labor + Manufacturing overhead applied

= $13,000 + $21,000 + (2,300 × $7.95)

= $13,000 + $21,000 + $18,285

= $52,285

Therefore for computing the total manufacturing cost assigned to Job P we simply applied the above formula.

6 0
3 years ago
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