1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aleonysh [2.5K]
3 years ago
9

The difference between what a firm charges for a product and the variable costs of that product is known as:

Business
1 answer:
kondor19780726 [428]3 years ago
7 0
Contribution per Unit is difference between what a firm charges for a product and the variable costs of that product
You might be interested in
When corn prices soared, hog farmers used less corn to feed their pigs. The hog farmers showed a decrease in their:
blsea [12.9K]
They bought less corn, so they showed a decrease in demand.
5 0
3 years ago
Solving for the sales level needed to achieve a profit of zero is the same process as solving for the sales level needed to ____
____ [38]

Answer: break-even

Explanation:

5 0
2 years ago
Why is the interest rate of a loan one of the most important things to consider when shopping around for loans?
Orlov [11]
<span>The interest rate can drastically change the total amount paid to the lender</span>
7 0
3 years ago
Read 2 more answers
Entertainment Tonight, Inc. manufactures and sells stereo systems that include an assurance-type warranty for the first 90 days.
Solnce55 [7]

The estimated cost of the assurance-warranty is $350. The accounting for warranty will include a credit to Unearned Warranty Revenue, $900

Explanation:

  • Entertainment Tonight, Inc. manufactures and sells stereo systems that include an assurance-type warranty for the first 90 days. Entertainment Tonight also offers an optional extended coverage plan under which it will repair or replace any defective part for 2 years beyond the expiration of the assurance-type warranty. The total transaction price for the sale of the stereo system and the extended warranty is $3,000. The standalone price of each is $2,300 and $900, respectively. The estimated cost of the assurance-warranty is $350. The accounting for warranty will include a credit to Unearned Warranty Revenue, $900.
  • Unearned extended warranty revenue is given to be as an unearned revenues in accrued liabilities in the balance sheets.
  • Revenue which comes from separately priced, self-insured service contracts is reffered at the point of sale.
  • Unearned revenue is a money which is received from a customer for work that has not been performed still.

7 0
3 years ago
Just-in-time inventory (JIT) systems: a. are used only by manufacturing firms. b. provide a buffer stock of inventory for a comp
Annette [7]

Answer:

The correct answer is d. are used to reduce inventory holding costs.

Explanation:

The Just-in-time inventory (JIT) system is a stock management system where stock is received when needed for production (stock received just in time for production). This inventory strategy increases efficiency and decreases waste by receiving goods only as they need them for the production process, which reduces inventory costs. However its effectiveness lies in accurate demand forecast.

8 0
3 years ago
Other questions:
  • Pilcher Corp. manufactures tents in its two factories located at two states in Arkadas. It exports its goods to several of its n
    10·1 answer
  • Which of these employee's primary duty is to see that the shop is run efficiently and that customers are satisfied with the serv
    13·2 answers
  • Now, suppose the government were to decrease net taxes by $20 billion without changing the level of government purchases. This w
    8·1 answer
  • XYZ Company is in the process of issuing bonds. The bonds have a stated interest rate of 4%, which is 2% below the current marke
    6·1 answer
  • Anna works at Zeal-Us Inc. She and her coworkers have been going on strike for two hours every alternate day in protest against
    11·1 answer
  • Energy Drink, Inc. has decided to launch a new energy drink that will have the fewest calories among its competitors. To underst
    8·1 answer
  • When setting optimal prices, which of the following is a concern when utilizing a regression of observed sales on observed price
    6·1 answer
  • On June 30, 2017, Wisconsin, Inc., issued $200,200 in debt and 19,300 new shares of its $10 par value stock to Badger Company ow
    14·1 answer
  • Proverbial Corp. signed a 6-year note relating to the purchase of a new delivery fleet; annual payments are due at the end of th
    5·1 answer
  • Three years ago, the City of Recker committed to build a park and music venue by the river. It was expected to cost $2.5 million
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!