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shutvik [7]
3 years ago
13

If the ratio for unit cost to sales price for a product is 1:4, how much would the selling price be for a product if it has a un

it cost of $33.85
Business
1 answer:
Mkey [24]3 years ago
6 0
Ratio and proportion is a useful method in determining a value using a known constant in ratio form. In this case, the ratio of cost to price is always 1/4. Hence, the solution goes as follows:

1/4 = 33.85/price
Price = 33.85*4
Price= $135.4 
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Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.
sweet-ann [11.9K]

Answer:

D. $53,000.

Explanation:

The computation of the ending cash balance is shown below:

Beginning cash balance $95,000

Add: Receipts  

Cash sales  $418,000

Total cash receipts (a) $513,000

Deduct: Payments:  

Cash payment for purchases -$273,000

 Cash payment for salaries -$96,000

Other cash expenses -$58,000

Repayment of bank loan -$33,000

Total cash payments (b) $460,000

Net receipts /( payments) (a) - (b) $53,000

6 0
2 years ago
Which of the following is a benefit to corporate executives when a process is outsourced?
love history [14]

Answer:

<h2>In this case,the correct answer would be option b) given in the answer choices or More time to explore new revenue generation activities.</h2>

Explanation:

  • From an economic or business perspective, outsourcing of operational activities or conducts refer to assigning the business functions, activities, projects, assignments etc. to any third party or external agency with a view to enhance work productivity and minimize overall average operational costs or expenses.
  • The third party or the external entities involved in the outsourcing activities are typically not part of the parent or main company or are not commercially affiliated with the parent or main company.
  • One of the advantages of outsourcing to the company executives is to be able to assign some of the major and time consuming business activities to outsourced companies or entities and focus more on other mediums or sources of revenue generation for business. It might include introduction of new product or service lines, restructuring of the internal organizational settings or venturing new markets to capture higher consumer or client base. Hence, higher work or labor division through outsourcing activities can provide more time and opportunity for executives to focus more on other revenue generating endeavors.
5 0
3 years ago
Financial information is presented below: Operating Expenses $ 91100 Sales Returns and Allowances 17000 Sales Discounts 12400 Sa
ira [324]

Answer:

$290,700

Explanation:

The amount of net sales on the income statement is computed as shown below;

Net sales = Sales revenue - Sales discount - Sales return and allowance

Net sales = $320,100 - $12,400 - $17,000

Net sales = $290,700

8 0
3 years ago
Ancient egyptian clothing is comprised almost completely out of one variety of fiber/textile. which one?
prisoha [69]

Ancient Egyptian clothing is comprised almost completely out of one variety of <u>textile</u>

  • Ancient Egyptians used linen-based clothes. Fabrics that are light and cool, like linen, are useful in hot climates like Egypt's. The flax plant's fibres were used by the Egyptians to make linen. The fibres were spun by workers into thread, which was subsequently weaved on looms into linen cloth.
<h3><u>What did Egyptians use as textiles?</u></h3>
  • Although wool was occasionally used in Egyptian textiles throughout the Dynastic Era (3100 BCE–300 BCE), linen predominated. (Silk and cotton were only added later.) Three primary categories of linen were produced: smooth cloth, thin cloth, and royal or fine linen.

To Learn more about Ancient Egyptian , Click the links

brainly.com/question/19818729

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3 0
1 year ago
Recording estimates of future discounts LO P6 ProBuilder has the following June 30 fiscal-year-end unadjusted balances:
Wittaler [7]

Answer:

A. Date       Account Title and Explanation       Debit    Credit

   June 30   Sales discounts                                 $72

                    ($2,400 * 3%)

                          Allowance for sales discounts                 $72

                      (To record the expected sales discounts)                    

B. Date      Account Title and Explanation       Debit    Credit

    June 30  Sales Discounts                                $62

                     ($72 - $10)

                             Allowance for sales discounts               $62

                      (To record the expected sales discounts)

5 0
3 years ago
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