2 years ago

The budget for a merchandiser differs from a budget for a manufacturer because

1 answer:

3 0

<span>a merchandise purchases budget replaces the production budget.
the manufacturing budgets are not applicable.</span>

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A financial institution can achieve cost savings in its credit card operations if it increases the number of cardholders. This i

vitfil [10]

Answer:

Economies of scope

Explanation:

Economies of scope is a benefit that a company has by producing a a wide range of products or services which reduces the unit cost. In this case of a financial institution, offering more credit cards to a large number of people will help them achieve their desired cost savings. Economies of scope is achieved when it provides a business with ways to generate operational efficiencies.

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3 years ago

Jefferson Company has sales of $306,000 and cost of goods available for sale of $270,600. If the gross profit ratio is typically

Mice21 [21]

Answer:

$56,400

Explanation:

Jefferson company has a sales of $306,000

The cost of goods available for sale is $270,600

The first step is to calculate the gross profit

= 306,000 × 30/100

= 306,000 × 0.3

= 91,800

The cost of goods sold can be calculated as follows

= $306,000-91,800

= $214,200

Therefore the estimated cost of ending inventory under the gross profit method can be calculated as follows

= $270,600-214,200

= $56,400

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3 years ago

When applied to project management, the resource management knowledge area typically involves which of the following processes?

ad-work [718]

C :) i say this because it sounds more realistic

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3 years ago

Please help, if you’re correct I’ll mark you as brainliest!!!!!!

Paul [167]

Answer:

8% hope it helps mark it as brainliest

6 0

2 years ago

Lake Sales had $2,200,000 in sales last month. The contribution margin ratio was 30% and operating profits were $180,000. What s

IrinaVladis [17]

Answer:

Sales volume= $2,400,000

Explanation:

Giving the following information:

Lake Sales had $2,200,000 in sales last month.

The contribution margin ratio was 30% and operating profits were $180,000.

Desired profit= $240,000.

First, we need to calculate the fixed costs using the break-even point in dollars formula:

Break-even point (dollars)= (fixed costs + profit)/ contribution margin ratio

2,200,000= (fixed costs + 180,000) / 0.30

480,000= fixed costs

Now, we can calculate the number of sales required for $240,000 in profits

Break-even point (dollars)= (480,000 + 240,000)/0.3

Break-even point (dollars)= $2,400,000

8 0

3 years ago