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3 years ago

Suppose you were the head of a household how would you plan your spending for your family needs if you

1 answer:

4 0

If you were the head of a household you would have to plan your savings such as things that are nescacery so in that's case think food clothes light bill savings and waterbill so this case how are u going to save money and divide it equaly

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What is the difference between a demand curve and a demand schedule?

svetlana [45]

Answer:

Demand schedule:

The Demand schedule refers to the tabular representation of the quantity demanded at the various price levels. By observing the demand schedule, we can conclude that as the price of the good increases then as a result the quantity demanded for that good falls. It represents various combination of price and quantity demanded.

Demand curve:

A demand curve refers to the graphical representation of the demand schedule which shows the relationship between the price of the commodity and the quantity demanded for that commodity. It is downward sloping curve which shows that there is an inverse relationship between the price of a good and the quantity demanded.

5 0

3 years ago

For February, sales revenue is $900,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising e

FinnZ [79.3K]

Answer:

Option A

Total selling expenses for the month of February=$245,600

Explanation:

The selling expenses include all the expenditure incurred in respect of activities revolving around the marketing and distribution of goods to the final consumer.

These expenditures may be fixed or variable in nature

DATA

Sales revenue - $900,000;

Sales commission - 5%× 900,000 = 45000

Sales manager salaries - 96,000

Advertising expenses - 80,000

Shipping expenses - 2% × 900,000 = 18000

Miscellaneous selling expenses = 2100 + (1/2× 1%× 900,000) =6600

Total selling expenses for the month of February

= 45000 + 96,000 + 80,000+ 18000 + 6600 = $245,600

Total selling expenses for the month of February=$245,600

6 0

3 years ago

Samsonite has declared a 90% stock dividend. At the time of the declaration, Samsonite's stock was selling for $250 per share. I

NeTakaya

Answer:

$131.58

Explanation:

The computation of the new stock price is shown below:

= Selling price of stock per share ÷ current number of shares

= $250 ÷ 1.90

= $131.58

Since the 90% dividend is declared. It means for each share 90% dividend is declared so after stock dividend, the number of shares would be

= 1 + 90%

= 1 + 0.9

= 1.9

We simply divide the selling price by the current number of shares

4 0

3 years ago

Sevenbergen Corporation makes one product and has provided the following information to help prepare the master budget for the n

e-lub [12.9K]

Answer:

The answer is 43,712

Explanation:

We have:

Beginning finished good of August: 20% of budgeted sales in August = 20% x 11,300 = 2,260 units

Ending finished good of August : 20% of budgeted units required in September = 20% x 10,400 = 2,080 units

=> Units of finished goods to be produced in August = Unit sold - Beginning Inventory + Ending Inventory = 11,300 - 2,260 + 2,080 = 11,120 => Raw material for finished good in August = 4 * 11,120 = 44,480

Beginning Raw material for August = Raw material needed for August x 30% = 44,480 * 30% = 13,344

Ending Raw Material for August = Raw material needed for September x 30% = 41,920 x 30% = 12,576

=> Purchases of raw material in August = Raw material for finished good in August - Beginning Raw material for August + Ending Raw Material for August) = 44,480 - 13,344 + 12,576 = 43,712 pounds

5 0

3 years ago

Monetary and fiscal policies:Select one:a. can reduce the severity of economic busts.b. have been proven to be ineffective and a

bearhunter [10]

Answer:

The correct answer is letter "A": can reduce the severity of economic busts.

Explanation:

Fiscal and Monetary Policies provide the government and the Federal Reserve (Fed) with two powerful tools to regulate the economy. Fiscal Policy refers to the economic impact of a government's spending and taxing policies. Monetary Policy, which the Fed controls, can also slow or ignite the economy. Ultimately its goal is to create cash built-up in the banking system.

8 0

3 years ago